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VIDEO RESULTS
Market Movers: July 12, 2011
From:
Voxant Newsroom
on
Tue, Jul 12 2011 9:57 PM
Equity futures are pointing lower this morning with the Dow Jones Industrial Average looking to open 14 points lower while the broader S&P500 index is looking to open over 3 points lower. Moving fast in the pre-market session are shares of Radiant Systems (NASDAQ:RADS) up over 30% on news that NC...
Clearwire Network Expands By 21% in NYC Metro Area
From:
Voxant Newsroom
on
Tue, Jul 12 2011 9:57 PM
Clearwire (NASDAQ:CLWR), Time Warner Cable (NYSE:TWC) and Sprint (NYSE:S) announced a significant expansion of the Clearwire 4G network and key capacity upgrades for mobile broadband customers in the greater New York City metro area. The service area has added coverage for an additional 91,363 p...
What’s In The News: July 12, 2011
From:
Voxant Newsroom
on
Tue, Jul 12 2011 9:57 PM
This is what’s in the news for Tuesday, July 12th. The Wall Street Journal reports that Cisco Systems (NASDAQ:CSCO) is expected to announce an overhaul of its most popular product, a switching system called the Catalyst 6500 that links computers together on corporate networks, that it estimates ...
Morning Market Snapshot: July 12, 2011
From:
Voxant Newsroom
on
Tue, Jul 12 2011 9:57 PM
Good Morning. It’s Tuesday, July 12, 2011. At this hour, U.S. equity futures are lower. Overseas, the Asian markets fell , while the European markets are down. NCR Corp. (NYSE:NCR) and Radiant Systems (NASDAQ:RADS) announced a definitive agreement for NCR to acquire Radiant Systems through a cas...
Fire shuts down Roseburg area plywood mill
From:
Voxant Newsroom
on
Tue, Jul 12 2011 9:57 PM
Plant operators look to keep workers busy during weeks of repairs.
Low-Interest Loans For Storm Victims In Franklin/Johnson Counties
From:
Voxant Newsroom
on
Tue, Jul 12 2011 9:57 PM
Homeowners, renters, and businesses big and small are building back after tornados tore through Franklin and Johnson counties in late May. But many need help.
Diebold Names New VP, Chief Compliance Officer
From:
Voxant Newsroom
on
Tue, Jul 12 2011 8:19 PM
Jason S. Hollander was named VP and Chief Compliance Officer of Diebold (NYSE:DBD) according to a statement by the company.Hollander’s position in the company will have him accountable for managing the implementation, growth and constant improvement of Debold's ethics and compliance program...
News Corp. Increases Stock Repurchase Program to $5B from $1
From:
Voxant Newsroom
on
Tue, Jul 12 2011 7:56 PM
The board of News Corp (NASDAQ:NWSA) announced its board has approved a stock repurchase program totaling to $5 billion. The company is targeting to acquire the $5B of Class A common stock and Class B common stock from time to time over the next 12 months.News Corp. has a potential upside of 30.4...
Potter profits cast a spell
From:
Voxant Newsroom
on
Tue, Jul 12 2011 7:46 PM
The Harry Potter movies have been magic for Hollywood, raking in more than $6 billion at the box office as the final movie installment is released.
The Commerce Department Reported That US Trade Deficit Rose
From:
Voxant Newsroom
on
Tue, Jul 12 2011 7:46 PM
The Commerce Department reported that the U.S. trade deficit rose 15.1% in May to the highest level in nearly three years, largely due to the increased cost of oil imports.The trade gap widened to a seasonally adjusted $50.2 billion from $43.6 billion in April, which is the biggest monthly defic...
Morgan Stanley Lowered Its 2011, 2012 EPS Estimates For Phil
From:
Voxant Newsroom
on
Tue, Jul 12 2011 7:46 PM
Morgan Stanley lowered its 2011 and 2012 EPS estimates for Philip Morris (NYSE:PM) and maintained its overweight rating and $71 price target.The bank now sees 2011 EPS of $4.60, down from $4.63 per share, and 2012 EPS of $5.18, down from $5.22 per share.Philip Morris has a potential upside of 6....
Expedia Offers First Deals in Partnership with Groupon
From:
Voxant Newsroom
on
Tue, Jul 12 2011 7:45 PM
Expedia (NASDAQ:EXPE) and Groupon’s partnership launched today with plenty of offers on travel deals for individuals to book airfare and hotel prices at half the cost for destinations all over the world.Currently, there are about a dozen reductions on Groupon, which include domestic trips all th...
Citigroup Lowered Its 2012 EPS Estimate For Intuit, Maintain
From:
Voxant Newsroom
on
Tue, Jul 12 2011 7:45 PM
Citigroup lowered its 2012 EPS estimate for Intuit (NASDAQ:INTU) and maintained its buy rating and $63 price target on the stock.The bank sees 2011 EPS of $2.52, vs. consensus estimates of $2.50 per share, and 2012 EPS of $2.90, down from $2.93 per share, vs. consensus estimates of $2.84 per sha...
Trina Solar Shares Fall After Audit Chairman Resigns
From:
Voxant Newsroom
on
Tue, Jul 12 2011 7:45 PM
Trina Solar Limited (NYSE:TSL) shares dropped more than 15% so far today following the company’s announcement that their independent director and chairman of the audit, Peter Mark resigned on July 10 to focus on additional personal and professional pursuits.The company named Jerome Corcoran to r...
Daily Dividend Report: CMI, CAG, AMN, PCAR, CLF
From:
Voxant Newsroom
on
Tue, Jul 12 2011 5:58 PM
This morning, Cummins (CMI) declared its quarterly dividend of 40 cents per share, an increase of about 52% over its prior dividend. Based on the current stock price, investors can expect a yield of about 1.5% going forward.
Daily Dividend Report: ALL, IP, FAST, NGLS, TRGP
From:
Voxant Newsroom
on
Tue, Jul 12 2011 5:46 PM
This morning, Allstate (ALL) declared its quarterly dividend of 21 cents per share, maintaining the amount paid to shareholders last quarter. Based on the current stock price, investors can expect a yield of about 2.8% going forward.
Tuesday Sector Leaders: Education & Training Services, General Contractors & Builders
From:
Voxant Newsroom
on
Tue, Jul 12 2011 5:37 PM
In trading on Tuesday, education & training services shares were relative leaders, up on the day by about 1.7%. Leading the group were shares of Strayer Education (STRA), up about 2.8% and shares of Universal Technical Inst (UTI) up about 2.7% on the day.
Daily Wrap: 7/12/2011
From:
Voxant Newsroom
on
Tue, Jul 12 2011 5:36 PM
The markets pared some of it’s gains from earlier in the day, as investors continue to keep an eye on the European debt crisis and uncertainty lingers over whether or not the US debt ceiling will be raised. Shares of Cisco (CSCO) are trading up today, despite news of possible job cuts.
Brown says News Intl hired "criminals"
From:
Voxant Newsroom
on
Tue, Jul 12 2011 3:27 PM
Former British Prime Minister Gordon Brown has accused the embattled News International arm of Rupert Murdoch’s News Corporation of hiring criminals to investigate his private affairs.
Strauss-Kahn court date delayed
From:
Voxant Newsroom
on
Tue, Jul 12 2011 1:21 PM
New York City prosecutors and the legal team for former IMF chief Dominique Strauss-Kahn agreed to delay the next court date in his sexual assault case.
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