Month: December 2012

Mergers & Acquisitions

Prophet Expands Global Presence and Creative Capabilities with Acquisition of Figtree

December 3, 2012 0

Prophet Expands Global Presence and Creative Capabilities with Acquisition of Figtree PR Newswire SAN FRANCISCO, Dec. 3, 2012 SAN FRANCISCO , Dec. 3, 2012 /PRNewswire/ — Prophet , a leading strategic brand and marketing consultancy, announced today that it has acquired the fast-growing brand and design firm Figtree , marking another significant step in the expansion of its global reach as well as its capabilities. […]

Mergers & Acquisitions

Saint-Gobain Performance Plastics acquires Twin Bay Medical

December 3, 2012 0

Saint-Gobain Performance Plastics acquires Twin Bay Medical PR Newswire AURORA, Ohio, Dec. 3, 2012 AURORA, Ohio , Dec. 3, 2012 /PRNewswire/ — Saint-Gobain Performance Plastics has completed the acquisition of Twin Bay Medical, a Michigan based innovator and manufacturer of BarbLock products – flexible tube retainers – as well as single-use components for biopharmaceuticals manufacturing […]

Downgrades

TGC INDUSTRIES (TGE) Downgraded by Zacks to UNDERPERFORM

December 3, 2012 0

Zacks Investment Research downgraded shares of TGC INDUSTRIES (TGE) from NEUTRAL to UNDERPERFORM on December 03, 2012, with a target price of $7.60. TGC Industries, Inc. is engaged in the domestic geophysical services business principally through conducting seismic surveys and to a lesser extent through sales of gravity information from the company's data bank to companies engaged in the exploration for oil and gas in the United States. […]

Upgrades

NATL INSTRS CP (NATI) Upgraded by Zacks to NEUTRAL

December 3, 2012 0

Zacks Investment Research upgraded shares of NATL INSTRS CP (NATI) from UNDERPERFORM to NEUTRAL on December 03, 2012, with a target price of $24.90. National Instruments Corporation is a leading supplier of computer-based instrumentation hardware and software products that engineers and scientists use in a wide range of industries. These industries are spread across two large markets: test and measurement and industrial automation. […]

Downgrades

SCHIFF NUTRITN (SHF) Downgraded by Zacks to NEUTRAL

December 3, 2012 0

Zacks Investment Research downgraded shares of SCHIFF NUTRITN (SHF) from OUTPERFORM to NEUTRAL on December 03, 2012, with a target price of $47.80. Schiff Nutrition International, Inc. develops, manufactures, markets and sells branded and private label vitamins, nutritional supplements and sports nutrition products in the United States and throughout the world […]

Downgrades

REPUBLIC FST BC (FRBK) Downgraded by Zacks to NEUTRAL

December 3, 2012 0

Zacks Investment Research downgraded shares of REPUBLIC FST BC (FRBK) from OUTPERFORM to NEUTRAL on December 03, 2012, with a target price of $2.40. REPUBLIC FST BC is a two-bank holding company. Its wholly-owned subsidiaries, FirstRepublic Bank, and Republic First Bank of Delaware, offer banking services to individuals and businesses throughout the Greater Philadelphia, Delaware and South Jersey area. […]

Upgrades

PHOENIX CMPNIES (PNX) Upgraded by Zacks to OUTPERFORM

December 3, 2012 0

Zacks Investment Research upgraded shares of PHOENIX CMPNIES (PNX) from NEUTRAL to OUTPERFORM on December 03, 2012, with a target price of $26.10. Phoenix Companies, Inc. is leading provider of wealth management products and services offered through a variety of select advisors and financial services firms to serve the accumulation, preservation and transfer needs of the affluent and high net worth market, businesses and institutions. […]

Upgrades

COVENANT TRANS (CVTI) Upgraded by Zacks to NEUTRAL

December 3, 2012 0

Zacks Investment Research upgraded shares of COVENANT TRANS (CVTI) from UNDERPERFORM to NEUTRAL on December 03, 2012, with a target price of $5.30. Covenant Transport, Inc. is a truckload carrier that offers just-in-time and other premium transportation service for customers throughout the United States […]

Economic Data

Ahead of Wall Street – Dec 3, 2012 – Ahead of Wall Street (ADP)

December 3, 2012 0

Monday, December 3, 2012 The apparent stalemate in the Fiscal Cliff talks is most likely part of tactics from both sides. It is only reasonable to expect them to haggle over each component of the final deal as one would do in a bazaar. Perhaps that’s the reason why the market isn’t overly concerned about the positions staked out by the two sides. […]

Stock Analysts

Fiscal Cliff Clouds Holiday Spirit (ADP)

December 3, 2012 0

The apparent stalemate in the Fiscal Cliff talks is most likely part of the tactics for both sides. It is only reasonable to expect them to haggle over each component of the final deal as one would do in a bazaar. Perhaps that’s the reason why the market isn’t overly concerned about the positions staked out by the two sides. […]