Month: April 2012

Max Keiser

Why people hate the banks

April 6, 2012 0

[youtube KGlBpyK0YmI] Watch the full Keiser Report E272 on Saturday. In this episode, Max Keiser and co-host, Stacy Herbert, discuss getting Zhou Tonged and Jamie Dimon-ed in financial markets. They also discuss bucket shop derivatives, a debit card repo scam and a compound of morons and regulatory flatulence […]

Mergers & Acquisitions

American Timberlands Company Acquires 12,000 acres

April 6, 2012 0

American Timberlands Company Acquires 12,000 acres Expects to invest as much as $100 million in high quality forestland in South Carolina and adjoining states PR Newswire PAWLEYS ISLAND, S.C., April 6, 2012 PAWLEYS ISLAND, S.C. , April 6, 2012 /PRNewswire/ — American Timberlands Company (ATC) , a land investment management organization with offices in Columbia, South Carolina and Pawleys Island, South Carolina , announced today, on behalf of ATC’s American Timberlands Fund II, LP, the successful purchase of approximately 12,000 acres of high value forestland located in South Carolina. […]

Stock Analysts

Conoco Receives Spin-Off Approval (COP) (CVX) (XOM)

April 6, 2012 0

ConocoPhillips ( COP ) won the approval from its board of directors to split its refinery arm, Phillips 66, in a move to further accelerate the value of both entities. In July last year, the third biggest U.S. integrated oil company, following ExxonMobil Corporation ( XOM ) and Chevron Corporation ( CVX ), planned to separate its upstream oil and gas exploration and production unit from its downstream refining division into two stand-alone, publicly traded corporations. […]

Stock Analysts

PepsiCo Teams with Activision (ATVI) (PEP)

April 6, 2012 0

The Frito-Lay North America division of PepsiCo Inc. ( PEP ) has joined hands with Activision Publishing, Inc., a wholly owned subsidiary of Activision Blizzard, Inc . ( ATVI ) to promote Activision’s video game and toy brand, Skylanders Spyro's Adventure . […]

Stock Analysts

Neutral on Huntington Bancshares (FITB) (HBAN) (JPM) (USB)

April 6, 2012 0

We have reaffirmed our Neutral recommendation on Huntington Bancshares Incorporated ( HBAN ) based on its fundamentals, the share buyback authorization and the recent acquisition of the Fidelity Bank. Fourth Quarter Result Huntingtonreported fourth-quarter 2011 earnings of 14 cents per share, in line with the Zacks Consensus Estimate. […]

Stock Analysts

DDR Acquires Two Power Centers (DDR) (KIM)

April 6, 2012 0

DDR Corp. ( DDR ) recently announced the purchase of 50% ownership interest in two high-quality power centers from its joint venture partner. The two power centers; located in Portland, Oregan and Phoenix, Arizona, respectively; were bought for approximately $70 million.The transaction was funded through investment proceeds generated from the offering of 4.8 million shares […]

Stock Analysts

NOC Wins Cloud Computing Contract (GD) (NOC)

April 6, 2012 0

Northrop Grumman Corporation ( NOC ) has received a fixed facility task order from the U.S. Army as part of an Army Private Cloud Computing (“APC2”) program. The total deal was valued at $249.8 million, including the customary one-year base period and four one-year extension options. […]

Alamo Drafthouse Goes to New York!

April 6, 2012 0

Alamo Drafthouse Goes to New York! First Alamo Location In New York City Slated For Upper West Side PR Newswire AUSTIN, Texas, April 5, 2012 AUSTIN, Texas , April 5, 2012 /PRNewswire/ — Alamo Drafthouse Cinema is pleased to unveil its plans for its first location in New York. The five-screen Manhattan -area theater will be owned and operated by Alamo Drafthouse and located on the Upper West Side, occupying the former Metro Theater at 2626 Broadway. “My often-stated top priority for the Alamo Drafthouse has been to open a venue in New York ,” said Alamo founder and CEO Tim League […]

Mergers & Acquisitions

Berkery Noyes Releases Q1 2012 Media and Marketing Industry Mergers & Acquisitions Report

April 6, 2012 0

Berkery Noyes Releases Q1 2012 Media and Marketing Industry Mergers & Acquisitions Report PR Newswire NEW YORK, April 5, 2012 NEW YORK , April 5, 2012 /PRNewswire/ — Berkery Noyes, an independent mid-market investment bank , today released its First Quarter 2012 Mergers and Acquisitions Trend Report for the Media and Marketing Industry. Transaction volume in the Media and Marketing Industry improved seven percent. In addition, transaction value increased for the second consecutive quarter, representing a 38 percent increase from Q3 2011 and a 10 percent gain in comparison to Q4 2011 […]