value

Iron Mountain Announced Stockholder Payout Program

analysis, elliott management corp, finance, investing, iron mountain, news, stock, stockholder, trading, value

Iron Mountain Inc. (NYSE:IRM) announced a comprehensive strategic plan to enhance stockholder value and said it reached an agreement with Elliott Management Corp.

By FNNO Staff
fnnonline@gmail.com

Finisar Plunges 36% on Weak Q4 Guidance, WJB Capital Downgrade

Published on Wed, 03/09/2011 - 11:06
By Stephanie Shyu in General Interest, FNSR, company, financial, finisar, market, news, revenue, shares, stock, value, wjb capital, News Update
company, financial, finisar, market, news, revenue, shares, stock, value, wjb capital

Finisar (FNSR) has shed more than a third of its market value at the bell, after the company said late Tuesday Q3 non-GAAP EPS were $0.47 on revenue of $263 million. The Street view is $0.47 per share on revenue of $257.93 million

By Stephanie Shyu
sshyu@fnno.com

Global Defense Accepts Buyout Offer

The $24.25 per share cash offer represents a 51% premium over Global Defense's Wednesday closing price of $16.08.

The buyout group will assume Global Defense debt in the deal as well, raising the total value of the offer to $315 million.

Global Defense opened up over 50% this morning, and is trading at $24.21 per share.

acquisition, ares management, business, buyout, global defense technology & sy, higher, income, investment, market, merger, news, shares, stocks, trade, value

Government contractor Global Defense Technology & Systems (NASDAQ:GTEC) has accepted a $235 million buyout offer from an affiliate of Ares Management LLC, a Los Angeles based private buyout group.

By Stephanie Shyu
sshyu@fnno.com

SAIC awarded $28M contract to support U.S. Navy strategic systems programs

army, award, contract, defense, erp program, military, navy, options, pentagon, saic, science applications internati, soldiers, troops, value

Science Applications International Corp, or SAIC, announced it was awarded a prime contract by the U.S. Navy Strategic Systems Programs, or SSP, Command to provide project management planning and systems integration services in su

By Stephanie Shyu
sshyu@fnno.com

Cliff Natural Resources Shares Up 5.8% Following Record Copper Prices

Copper for March delivery rose $0.09 to $4.63 per pound on the NYSE.

Cliffs Natural Resources has a potential upside of 13.8% based on a current price of $92.48 and an average consensus analyst price target of $105.25."

business, china, cliff natural resources, comtex, copper, market, news, nyse, nyse:clf, per pound, price, shares, stock, trade, update, value

"Cliff Natural Resources (NYSE:CLF) shares are trading 5.79% higher at $92.58 following record copper prices and on heavy demand from China.

By Stephanie Shyu
sshyu@fnno.com

MannKind Spirals to 52-Wk Low on Staff Cuts, Analyst Comment on Afrezza

Published on Mon, 02/14/2011 - 16:19
By Stephanie Shyu in General Interest, MNKD, afrezza, business, comtex, down, investors, la times, mannkinds, market, mnkd, news, not approved, price, shares, stock, trade, update, usfda, value, News Update

Separately, the WSJ reports that Rodman & Renshaw doesn't expect Afrezza to get another shot at approval for two years and estimates MNKD will need $150-200 million to get there.

afrezza, business, comtex, down, investors, la times, mannkinds, market, mnkd, news, not approved, price, shares, stock, trade, update, usfda, value

"MannKind (MNKD) is down after it said it is eliminating 41 percent of its staff, 179 employees, following notification from the U.S. Food and Drug Administration that it would not approve the company's experimental inhaled insuli

By Stephanie Shyu
sshyu@fnno.com

Next Resistance Level for Apple (AAPL) is $360.33

Published on Mon, 02/14/2011 - 15:18
By Stephanie Shyu in General Interest, NASDAQ:AAPL, apple, business, comtex, market, nasdaq:aapl, news, price, shares, stock, target, trade, update, value, News Update

Apple (NASDAQ:AAPL) has a potential upside of 19.4% based on a current price of $359.01 and analysts' consensus price target of $428.60. The stock should find initial support at its 50-day moving average (MA) of $333.60 and furthe

apple, business, comtex, market, nasdaq:aapl, news, price, shares, stock, target, trade, update, value

"Shares of Apple (NASDAQ:AAPL) opened today above their pivot of $356.07 and have already reached the first level of resistance at $358.59. Investors may be interested in a cross of the next upside pivot targets of $360.33 and $36

By Stephanie Shyu
sshyu@fnno.com

Watch for Shares of Akamai Technologies (AKAM) to Approach Resistance at $42.28

Published on Mon, 02/14/2011 - 15:18
By Stephanie Shyu in General Interest, NASDAQ:AKAM, akamai technologies, business, comtex, market, nasdaq:akam, news, shares, stock, trade, update, value, News Update

Over the past year, Akamai Technologies has traded in a range of $24.64 to $54.65 and is now at $41.77, 70% above that low. The 200-day and 50-day moving averages have moved 0.55% higher and 1.38% lower over the past week, respect

akamai technologies, business, comtex, market, nasdaq:akam, news, shares, stock, trade, update, value

"Shares of Akamai Technologies (NASDAQ:AKAM) have bullishly opened above the pivot of $41.42 today and have reached the first resistance level of $41.86. Analysts will be watching for a cross of the next upside pivot targets of $4

By Stephanie Shyu
sshyu@fnno.com

Openwave Systems Rally 5.28% on Video Product Integration with Juniper Networks

Published on Mon, 02/14/2011 - 15:02
By Stephanie Shyu in General Interest, JNPR, OPWV, business, comtex, jnpr, juniper networks, market, news, openwave systems, opwv, partner, shares, stock, trade, update, value, News Update

The partnership will integrate OPWV's Media Optimizer, which helps service providers manage mobile video delivery and user experience under congested network conditions, with JNPR's Media Flow, which helps adapt video traffic acco

business, comtex, jnpr, juniper networks, market, news, openwave systems, opwv, partner, shares, stock, trade, update, value

Shares of Openwave Systems (OPWV) are up 5.28% after the company announced its plans to partner with Juniper Networks (JNPR) to improve the economics of delivering video mobile networks.

By Stephanie Shyu
sshyu@fnno.com

Mid-Day Market Movers: February 14th, 2011

2012 fiscal budget, business, comtex, conoco philips, exxon mobil, flat, gas, market, news, oil, president obama, shares, slim gains, stock, trade, trading, update, value

The Major US Indicies are trading largely flat today as investors eagerly await details on President Obama's 2012 fiscal budget. Taking a look at the heat map, most sector are seeing slim gains and losses, but one sector that is f

By Stephanie Shyu
sshyu@fnno.com

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