Month: October 2012

Mad Money Episodes

Stock in 60 Seconds: Arrium

October 31, 2012 0

[cnbc 3000126125] CNBC’s Mattew Taylor takes on the challenge of the daily stock in 60 seconds segment and looks at Arrium’s shares which dived 15% after a $1.2 billion takeover approach for the company was rejected. […]

Mergers & Acquisitions

Watson Completes Actavis Acquisition

October 31, 2012 0

Watson Completes Actavis Acquisition – Creates 3rd largest global generics company with presence in 60+ markets – – $8.0+ billion anticipated pro forma combined 2012 revenue – – Combined management structured to immediately maximize combination value – PR Newswire PARSIPPANY, N.J., Oct. 31, 2012 PARSIPPANY, N.J. […]

Stock Analysts

New Indiana Store for Rent-A-Center (AAN) (RCII)

October 31, 2012 0

Rent-A-Center Inc . ( RCII ), the largest rent-to-own operator in the U.S, announced the opening of a new store in Seymour, Indiana. The move was in line with the company’s strategic approach of leveraging an extensive network of stores to effectively penetrate into its target markets, which in turn facilitates it to generate healthy sales and gain competitive advantage over its rivals, Aaron’s Inc […]

Kitco Video

GARTMAN: Sharp Break in Gold is Coming, Watch Indian Diwali Demand + FED Misconceptions

October 31, 2012 0

[youtube YM0SqFXGxhY] Extremely bearish on gold at the moment, Dennis Gartman spoke to us from the 2012 New Orleans Investment Conference about why he is out of the gold market at the moment, holding only a “core” position which he says is extremely minimal in comparison to his past gold holdings, and even that small of a position makes him uncomfortable.. According to Gartman, too many people are misunderstanding what the FED is doing and not paying attention to the “key data point”, which he feels is the Adjusted Monetary Base, which indicates what the FED actually owns. Gartman feels that gold is overbought on the misconception that the FED is “easy”, which he says it is not, indicated by the almost sideways chart of the most recent Adjusted Monetary Base releases. […]

Kitco Video

GARTMAN: Feels Sharp Break in Gold is Coming, Watch Indian Diwali Demand + FED Misconceptions

October 31, 2012 0

[youtube YM0SqFXGxhY] Extremely bearish on gold at the moment, Dennis Gartman spoke to us from the 2012 New Orleans Investment Conference about why he is out of the gold market at the moment, holding only a “core” position which he says is extremely minimal in comparison to his past gold holdings, and even that small of a position makes him uncomfortable.. According to Gartman, too many people are misunderstanding what the FED is doing and not paying attention to the “key data point”, which he feels is the Adjusted Monetary Base, which indicates what the FED actually owns. Gartman feels that gold is overbought on the misconception that the FED is “easy”, which he says it is not, indicated by the almost sideways chart of the most recent Adjusted Monetary Base releases […]

Mergers & Acquisitions

Morguard REIT Announces Completion of its Previously Announced Acquisition of Penn West Plaza

October 31, 2012 0

Morguard REIT Announces Completion of its Previously Announced Acquisition of Penn West Plaza Canada NewsWire Oct. 31 TSX: MRT.UN MISSISSAUGA, ON , Oct. 31, 2012 /CNW/ – Morguard Real Estate Investment Trust (“Morguard REIT” or the “REIT”) (TSX: MRT.UN), announced today that it has completed its acquisition of a 100% freehold interest in Penn West Plaza, Calgary , a Class A office property that is comprised of two office towers with 621,628 square feet of gross leasable area, 379 parking spaces and 17,766 square feet of prime retail space […]