Month: December 2012

Max Keiser

American salary = Chinese salary

December 28, 2012 0

[youtube 2VoVjTCtLd4] Watch the full Keiser Report 386 on Saturday. In this episode, Max Keiser and Stacy Herbert argue over whether things are looking better or worse for the American worker. While Stacy argues that the return of some manufacturing is a sign that wealth creating jobs may return to the U.S., Max counters that the system is so corrupt that the chances of labor getting any cut of the wealth is nil and that the internet giants will prevent the rise of a powerful decentralized economy online. […]

Mergers & Acquisitions

Mexco Energy Corporation Announces Acquisition

December 28, 2012 0

Mexco Energy Corporation Announces Acquisition PR Newswire MIDLAND, Texas, Dec. 28, 2012 MIDLAND, Texas , Dec. 28, 2012 /PRNewswire/ — On December 28, 2012 , Mexco Energy Corporation (NYSE Market: MXC) (“Mexco or the “Company”) purchased all of the outstanding ownership interests of a limited liability company which owns non-operated working interests in over 200 wells producing primarily oil. […]

Stock Analysts

Smith & Wesson to Buy Back More (RGR) (SWHC)

December 28, 2012 0

The board of directors of Smith & Wesson Holding Corporation ( SWHC ) – the leading firearm manufacturer – approved the buyback of an additional $15 million worth of stock, to be completed by June 30, 2013. The repurchase will be funded by the company’s cash in hand and its working capital. On December 6, 2012, the board of directors had authorized the buyback of $20 million shares which has been completed already […]

Stock Analysts

PRXL Closes Buyout; Yields Outlook (CVD) (PRXL)

December 28, 2012 0

Paraxel International Corporation ( PRXL ), a provider of biopharmaceutical services, recently acquired all the outstanding equity securities of Liquent, a worldwide provider of Regulatory Information Management (RIM) solutions for $72 million. The acquisition will be immediately accretive to Paraxel’s top- and bottom-line in fiscal 2013 (ending June 30, 2013). However, fiscal 2013 reported earnings will be negatively impacted by about 2-4 cents per share. […]

Economic Data

December 28: Political Theater Hijacks Markets – Economic Highlights

December 28, 2012 0

Ever since a miracle Fiscal Cliff deal seemed priced-in at S&P 1440 last week, the default script has been "when in doubt, sell." But as most large portfolio managers are enjoying some holiday time away from the markets, we are not seeing wholesale selling just yet. It's a few cautious players and very active bears who can push stocks down with ease right now. And the bears can easily be forced to run for cover when there's the slightest whiff of a deal in the air, as the House announcing they would reconvene on Sunday seemed to imply. […]

Stock Analysts

NeoGenomics Is Poised to Grow in 2013 (NEO)

December 28, 2012 0

NeoGenomics Poised to Grow in 2013 By Grant Zeng, CFA Visibility and Liquidity Increased Through NASDAQ Capital Market Listing On December 6, 2012, NeoGenomics’ (NasdaqCM: NEO ) common stock was approved for listing on the NASDAQ Capital Market and commenced trading on the NASDAQ Capital Market on December 10, 2012 under the new ticker symbol "NEO". The transition to the NASDAQ Capital Market is a significant milestone for NeoGenomics and reflects the strong revenue and operating income growth the Company has achieved over the last several years. […]