Month: February 2014

Mergers & Acquisitions

Xtreme Power Earns Bankruptcy Court Approval

February 10, 2014 0

Xtreme Power Earns Bankruptcy Court Approval Interested Firms will Participate in March 20 Auction PR Newswire KYLE, Texas, Feb. 10, 2014 KYLE, Texas , Feb. 10, 2014 /PRNewswire/ — Xtreme Power , a leader in integrated power management systems and energy storage solutions, won bankruptcy court approval on February 7 to eliminate a February deadline for bids and instituted a straight auction process in March. […]

Stock Analysts

Vodafone Mulls Over ONO Buyout

February 10, 2014 0

Vodafone Group plc ( VOD ) is reportedly in talks to buy Madrid-based provider of broadband and entertainment services, ONO. According to Bloomberg reports, the company is approaching ONO SA’s major shareholders for a possible buyout. […]

Stock Analysts

Will Apple Raise Share Buyback?

February 10, 2014 0

In a recent interview with The Wall Street Journal, Apple ’s ( AAPL ) Chief Executive Officer (CEO), Tim Cook, disclosed that the iPhone maker has bought shares worth $14.0 billion over the last two weeks taking advantage of a declining share price. The disclosure of the share buyback pushed the stock 1.4% ($7.17) to close at $519.68 on Feb 7, 2014. Apple’s share price plunged approximately 8.0% following its muted second-quarter outlook ( Apple Beats Earnings, Misses Revs ). […]

Stock Analysts

Biodel Q1 Loss Narrows

February 10, 2014 0

Biodel Inc. ’s ( BIOD ) shares are up 4.13% following the company’s first quarter of fiscal 2014 (ending Dec 2013) earnings report. Biodel reported a loss of 12 cents per share, narrower than the year-ago loss of 26 cents and the Zacks Consensus Estimate of a loss of 19 cents per share […]

Stock Analysts

Waddell & Reed Upped to Strong Buy

February 10, 2014 0

On Feb 6, Zacks Investment Research upgraded Waddell & Reed Financial, Inc. ( WDR ) to a Zacks Rank #1 (Strong Buy). Rationale Behind the Upgrade Waddell & Reed has been witnessing rising earnings estimates aided by strong fourth-quarter 2013 results. […]

Stock Analysts

Juniper Upgraded to Outperform

February 10, 2014 0

On Feb 7, 2014, we upgraded our recommendation on Juniper Networks Inc. ( JNPR ) to Outperform on the back of better-than-expected fourth-quarter results and decent first-quarter guidance provided by the company. We believe the increased spending by service providers should support Juniper’s near-term fundamentals […]