Month: February 2013

Mergers & Acquisitions

US Airways Flight Attendants Ratify Contract

February 28, 2013 0

US Airways Flight Attendants Ratify Contract PR Newswire WASHINGTON, Feb. 28, 2013 Sets Strong Position for Flight Attendants in Merger with American Airlines WASHINGTON , Feb. 28, 2013 /PRNewswire-USNewswire/ — US Airways Flight Attendants, represented by the Association of Flight Attendants-CWA (AFA), today ratified a single contract with double-digit pay increases, industry-leading job protections and work rules, and a seat at the table as full partners in the merger with American Airlines. […]

Mergers & Acquisitions

Carl Marks Advises Monitor Group On Sale To Deloitte

February 28, 2013 0

Carl Marks Advises Monitor Group On Sale To Deloitte Investment Banking Advisor Guides Leading Strategy Consulting Firm through Sales Process PR Newswire NEW YORK, Feb. 28, 2013 NEW YORK , Feb. 28, 2013 /PRNewswire/ — Carl Marks Advisory Group LLC, a leading consulting and investment banking advisor to middle market companies, has completed its advisory role in Monitor Group LP’s sale to Deloitte Consulting LLP. […]

Downgrades

hhgregg Inc (HGG) Downgraded by Zacks to UNDERPERFORM

February 28, 2013 0

Zacks Investment Research downgraded shares of hhgregg Inc (HGG) from NEUTRAL to UNDERPERFORM on February 28, 2013, with a target price of $8.50. We are downgrading our recommendation on hhgregg to Underperform from Neutral due to weak third quarter results in the face of industry-wide headwind in video category and cut in guidance for 2013. […]

Downgrades

TERRENO REALTY (TRNO) Downgraded by Zacks to NEUTRAL

February 28, 2013 0

Zacks Investment Research downgraded shares of TERRENO REALTY (TRNO) from OUTPERFORM to NEUTRAL on February 28, 2013, with a target price of $18.50. Terreno Realty Corporation is an internally managed real estate investment trust (REIT) focused on acquiring industrial real estate located in major coastal U.S. […]

Upgrades

ORMAT TECH INC (ORA) Upgraded by Zacks to OUTPERFORM

February 28, 2013 0

Zacks Investment Research upgraded shares of ORMAT TECH INC (ORA) from NEUTRAL to OUTPERFORM on February 28, 2013, with a target price of $22.50. ORMAT brings three decades of experience in the development, manufacture, and marketing of innovative power systems. ORMAT Energy Converter units, combined into modular power plants use locally available heat sources, including geothermal energy (steam and hot water), recovered energy generation, solar energy, biomass, and low grade fuels […]

Upgrades

CARDTRONICS INC (CATM) Upgraded by Zacks to NEUTRAL

February 28, 2013 0

Zacks Investment Research upgraded shares of CARDTRONICS INC (CATM) from UNDERPERFORM to NEUTRAL on February 28, 2013, with a target price of $26.80. Headquartered in Houston, Texas, Cardtronics is the world's largest owner/operator of ATMs with approximately 31,600 ATMs including approximately 2,000 ATMs in the U.K. and 1,000 ATMs in Mexico. […]

Downgrades

UBS AG (UBS) Downgraded by Zacks to NEUTRAL

February 28, 2013 0

Zacks Investment Research downgraded shares of UBS AG (UBS) from OUTPERFORM to NEUTRAL on February 28, 2013, with a target price of $18.60. UBS AG is one of the world's leading financial firms, combining financial strength with a reputation for innovation and a global culture that embraces change. […]

Downgrades

GLOBAL GEOPHYS (GGS) Downgraded by Zacks to UNDERPERFORM

February 28, 2013 0

Zacks Investment Research downgraded shares of GLOBAL GEOPHYS (GGS) from NEUTRAL to UNDERPERFORM on February 28, 2013, with a target price of $2.20. Global Geophysical Services, Inc. provides an integrated suite of seismic data solutions to the global oil and gas industry, including its high resolution RG-3D Reservoir Grade ("RG3D") seismic solutions. […]

Downgrades

IEC ELECTRS NEW (IEC) Downgraded by Zacks to UNDERPERFORM

February 28, 2013 0

Zacks Investment Research downgraded shares of IEC ELECTRS NEW (IEC) from NEUTRAL to UNDERPERFORM on February 28, 2013, with a target price of $5.70. IEC Electronics Corp. is a full service, ISO 9001 and 9002 certified, contract manufacturer employing state-of-the-art production utilizing both surface mount and pin-through-hole technology. […]

Upgrades

ENERPLUS CORP (ERF) Upgraded by Zacks to OUTPERFORM

February 28, 2013 0

Zacks Investment Research upgraded shares of ENERPLUS CORP (ERF) from NEUTRAL to OUTPERFORM on February 28, 2013, with a target price of $14.10. Enerplus Corporation, formerly known as Enerplus Resources, is an independent oil and gas production company with resources across Western Canada and the United States. […]

Upgrades

SEMGROUP CORP-A (SEMG) Upgraded by Zacks to OUTPERFORM

February 28, 2013 0

Zacks Investment Research upgraded shares of SEMGROUP CORP-A (SEMG) from UNDERPERFORM to OUTPERFORM on February 28, 2013, with a target price of $47.80. SemGroup Corp provides gathering, transportation, storage, distribution, blending, marketing and other midstream services to producers, refiners of petroleum products and others market participants located in Midwest and Rocky Mountain regions of the United States of America. The Company operates in the pipeline gathering and processing segments of the natural gas midstream industry in the U.S. […]

Mergers & Acquisitions

Emigrant Bank Sale Of Branches Receives Regulatory Approval

February 28, 2013 0

Emigrant Bank Sale Of Branches Receives Regulatory Approval Emigrant Bank received approval to sell 29 of the bank’s branches to Apple Bank; Emigrant to retain all loans and lending businesses, main branches and Internet banks PR Newswire NEW YORK, Feb. 28, 2013 NEW YORK , Feb. 28, 2013 /PRNewswire/ — Emigrant Bank announced that the sale of 29 of its bank branches to Apple Bank for Savings has received regulatory approval by the FDIC and the New York State Department of Financial Services […]