The U.S. Energy Department's weekly inventory release showed a smaller-than-expected increase in natural gas supplies, as pipeline imports from Canada declined. […]
We have upgraded energy-focused engineering and construction firm McDermott International ( MDR ) shares to Neutral from Underperform, while being incrementally more positive on the company. Incorporated in 1959, McDermott primarily serves the worldwide offshore oil and gas field development activities, including front-end design and detailed engineering, fabrication and installation of offshore drilling and production facilities, as well as installation of marine pipelines and subsea production systems. Additionally, the company provides project management and procurement services. […]
General Cable Corporation ( BGC ) expanded its reach in the Brazilian market with the acquisition of Delphia Produtos Eletricos Ltda. in São Bernardo do Campo, São Paulo State, Brazil. Delphia is engaged in the manufacture of automotive ignition wire harnesses. […]
Senior Housing Properties Trust ( SNH ), a real estate investment trust (REIT) which primarily owns private pay senior living communities and medical office buildings (MOBs) across the U.S., has recently declared a first quarter 2012 dividend of 38 cents per share or $1.52 on an annualized basis. The dividend is payable on May 10, 2012 to shareholders of record as on April 13, 2012. A steady dividend payout facilitates the long-term strategy of Senior Housing to provide attractive risk-adjusted returns to its stockholders. […]
We are upgrading Montpelier Re Holdings Ltd. ( MRH ) by a notch to Neutral from Underperform on the back of better performance in the fourth quarter. In spite of Montpelier’s operating loss being narrower than the Zacks Consensus loss, the quarter suffered largely due to catastrophe losses, resulting from the Thailand floods. […]
New Cineflex ELITE Camera System Offers Cinematographers More Flexibility with Superior Image Quality PR Newswire FAIRFAX, Va., April 13, 2012 FAIRFAX, Va. , April 13, 2012 /PRNewswire/ — General Dynamics Global Imaging Technologies has introduced the new Cineflex ELITE, a light-weight, compact, Super 35 format digital production camera featuring a design that ensures quick, affordable transport and simple rigging onto a wide variety of mobile platforms. The newest camera in the Cineflex family of 5-axis gyro-stabilized camera systems, the Cineflex ELITE was developed in close collaboration between cinematographers and General Dynamics’ design engineers. […]
Friendgiftr Successfully Acquired by Private Equity Firm Aurora Borealis Investments PR Newswire LOS ANGELES, April 13, 2012 LOS ANGELES , April 13, 2012 /PRNewswire/ — Friendgiftr, an e-commerce trailblazer providing virtual pre-paid cards through the social web, has announced today that it has agreed to be acquired by private equity firm Aurora Borealis Investments. The terms of the deal are undisclosed. “This is huge,” said Rob Carpenter , Founder and CEO of Friendgiftr […]
Country Pure Foods Acquires Cal-Tex Citrus Juice, LP Akron, Ohio-based Company acquires Juice Company in Houston, Texas PR Newswire AKRON, Ohio, April 13, 2012 AKRON, Ohio , April 13, 2012 /PRNewswire/ — Country Pure Foods, one of the nation’s largest independent juice processors, announced today the purchase of Cal-Tex Citrus Juice, LP. This acquisition enhances Country Pure Foods’ manufacturing and distribution capabilities. “The acquisition of Cal-Tex gives us the opportunity to extend our geographic reach by adding a fourth production facility, allowing us to better serve our national accounts with a combined broad product offering and improved delivery time to market,” said Raymond K. […]
Biogen Idec ( BIIB ) recently announced the launch of Fampyra in Canada. Fampyra gained approval in Canada in February 2012 for the symptomatic improvement of walking ability in adult multiple sclerosis (MS) patients. Biogen has a licensing deal with Acorda Therapeutics, Inc […]
In line with its long-term growth strategy, Raven Industries, Inc. ( RAVN ) has decided to realign its business segments. […]
We are reaffirming our Neutral recommendation on Chicago Bridge & Iron Company , or CB&I ( CBI ). The company delivered a solid fourth-quarter performance with earnings up 11% year over year and top-line growth of 32%. CBI benefited from the rising demand worldwide for energy infrastructure, especially in the LNG, gas processing and oil sands markets. […]
Nokia Corp. ( NOK ) is currently in difficult straits. Recently, Nokia issued a revised financial guidance for the first half of 2012, which was significantly below its earlier guidance. […]
Baltimore-based Legg Mason Inc. ( LM ) experienced a slight rise in its in March 2012 assets under management (AUM) on a sequential basis, driven by growth in liquidity assets. This was preceded by a rise in both February and January 2012 AUM […]
We are maintaining our Neutral recommendation on global lab chemical and life sciences company Sigma-Aldrich Corporation ( SIAL ) following its mixed fourth-quarter 2011 results. Its earnings of 91 cents a share for the quarter topped the Zacks Consensus Estimate of 89 cents. Sales rose 5% year over year to $610 million, but missed the Zacks Consensus Estimate. […]
Independent oil and gas producer Anadarko Petroleum Corporation ( APC ) has inked a contract with Enterprise Products Partners L.P. ( EPD ) and DCP Midstream, LLC for designing and building a natural gas liquids (“NGL”) pipeline, stretching from Denver-Julesburg Basin (“DJ Basin”) in Weld County, Colorado to Skellytown, in Carson County, Texas. The new Front Range Pipeline will span 435 miles. […]
[cnbc 3000084059] Mad Money host Jim Cramer explains why he is not more bearish on today’s market decline: because after two big days this week, Friday was a terrific time to take a profit. […]
[cnbc 3000084055] The Mad Money host answers your emails or “tweets” on stock and investment questions. This week, Jim Cramer takes a look at Howard Hughes Corp, Vocus and Ubiquiti Networks. […]
[cnbc 3000084056] Mad Money’s Jim Cramer reviews his ten point growth checklist to determine if Lululemon is worth buying into weakness. […]
[cnbc 3000084057] Sam Thomas, Chart Industries CEO, discusses the growing demand for liquefied natural gas and the numerous LNG facilities his company is building overseas, with Mad Money’s Jim Cramer. […]
[cnbc 3000084060] Mad Money host and former hedge fund manager, Jim Cramer, provides stock traders with all manner of investing advice. […]
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