analysis

Sector Update: Energy

Published on Thu, 12/30/2010 - 11:15
By FNNO Staff in General Interest, PBR, analysis, connacher oil & gas, financial, market, pbr, petrobras, stock, trading

Canadian oil sands developer Connacher Oil & Gas Ltd (CLL.TO) will sell oil assets in southwest Saskatchewan to an affiliate of private oil field company Accelerated Oil Technologies for $57.44 million as part of its efforts t

analysis, connacher oil & gas, financial, market, pbr, petrobras, stock, trading

Energy stocks are lower today with the U.S. Occupational Safety and Health Administration citing a Houston-area refinery owned by Petrobras (PBR) for 21 safety violations that carry penalties of up to $115,650, according to a stat

By FNNO Staff
fnnonline@gmail.com

Sector Update: Tech

Published on Thu, 12/30/2010 - 11:12
By FNNO Staff in General Interest, ctl, q, rnin, analysis, centurylink, ctl, financial, market, qwest communications, rnin, stock, trading, wireless ronin
analysis, centurylink, ctl, financial, market, qwest communications, rnin, stock, trading, wireless ronin

Shares of technology firms are mixed today with Scott Koller getting promoted to the top job at Wireless Ronin (RNIN), taking over as CEO after Jim Granger retired from of the maker of digital signage software. Koller currently is

By FNNO Staff
fnnonline@gmail.com

Sector Update: Healthcare

Endo Pharmaceutical Holdings (ENDP) said U.S. regulators have approved its Fortesta gel as a treatment for hypogonadism or low testosterone. The company expects to launch Fortesta in the U.S. early next year.

St.

analysis, astrazeneca, azn, bac, bank of america, endo pharmaceutical, endp, financial, jnj, johnson & johnson, market, stock, trading

Shares of healthcare companies are lower ahead of the bell with Johnson & Johnson (JNJ) and AstraZeneca Plc (AZN) reportedly stopping studies of experimental painkillers over concerns the new class of drugs may raise the risk

By FNNO Staff
fnnonline@gmail.com

Sector Update: Consumer

Published on Thu, 12/30/2010 - 11:04
By FNNO Staff in General Interest, afce, WGO, afc enterprises, afce, analysis, financial, market, stock, trading, wgo, winnebago industries

Winnebago Industries Inc (WGO) on Wednesday purchased most assets of SunnyBrook RV Inc for $5.7 million in cash.

afc enterprises, afce, analysis, financial, market, stock, trading, wgo, winnebago industries

Consumer stocks are lower today with AFC Enterprises (AFCE), owner and franchiser of Popeyes Chicken & Biscuits and Popeyes Louisiana Kitchen restaurants, saying it has secured a new five-year, $100 million credit facility mad

By FNNO Staff
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Sony Files Patent Infringement Complaint Against LG in U.S.

Published on Thu, 12/30/2010 - 10:58
By FNNO Staff in General Interest, sne, analysis, financial, lg, market, patent infringement, sne, sony, stock, trading

In a statement dated Tuesday, the U.S. trade watchdog said Sony's complaint alleged that LG violated U.S. trade rules by importing and selling certain mobile phones and modems that infringed on Sony's patents.

analysis, financial, lg, market, patent infringement, sne, sony, stock, trading

Japan's Sony, which trades in ADRs under SNE in the U.S., has filed a patent-infringement complaint against LG Electronics Inc., seeking to block the South Korean electronics maker from shipping mobile phones to the U.S., the U.S.

By FNNO Staff
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Lockheed Martin Firms Nearly 1% on US Navy Deal

Published on Thu, 12/30/2010 - 10:52
By FNNO Staff in General Interest, LMT, analysis, financial, lmt, lockheed martin, market, stock, trading

The first of the 10 ships will be acquired in 2010, at a contract value of $437 million, and the rest via options through 2015. If all options are exercised, the total value of the ship construction portion of the contract will re

analysis, financial, lmt, lockheed martin, market, stock, trading

Lockheed Martin (LMT) is firmer after it said late Wednesday it won from the US Navy a fixed-price-incentive-fee contract to construct up to 10 Littoral Combat Ships.

By FNNO Staff
fnnonline@gmail.com

Groupon preparing IPO, NY Times reports

Published on Thu, 12/30/2010 - 08:50
By FNNO Staff in General Interest, ms, TROW, analysis, financial, groupon, ipo, market, morgan stanley, ms, stock, t. rowe price, trading, trow
analysis, financial, groupon, ipo, market, morgan stanley, ms, stock, t. rowe price, trading, trow

Groupon is in talks to receive investments from several major institutional investors including Morgan Stanley (MS) and T. Rowe Price (TROW), and the online coupon provider is looking to launch an IPO as soon as the end of 2011, a

By FNNO Staff
fnnonline@gmail.com

Coinstar, Netflix, Priceline.com named 2011 top picks at Pip

Published on Thu, 12/30/2010 - 08:48
By FNNO Staff in Analyst reflections, CSTR, nflx, PCLN, analysis, coinstar, cstr, financial, market, netflix, nflx, pcln, priceline.com, stock, trading
analysis, coinstar, cstr, financial, market, netflix, nflx, pcln, priceline.com, stock, trading

Piper Jaffray named Coinstar (CSTR) its top small cap pick, Netflix (NFLX) its top mid-cap pick, and Priceline.com (PCLN) its top pick large-cap pick for the Online Content space in 2011. The firm has a $74 price target for Coinst

By FNNO Staff
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Noble Energy shares should be avoided, Barrons.com says

Published on Thu, 12/30/2010 - 08:45
By FNNO Staff in General Interest, NBL, analysis, financial, market, NBL, noble energy, stock, trading
analysis, financial, market, NBL, noble energy, stock, trading

Noble Energy's (NBL) stock jumped $2.92, or 3.44%, to $87.90 in Wednesday's mid-morning trading after announcing released positive news about the company's Leviathan gas reserve. Barrons.com notes that at this point the high expec

By FNNO Staff
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ArcelorMittal extends offer for Baffinland Iron Mines January 10, 2011

Published on Thu, 12/30/2010 - 08:40
By FNNO Staff in General Interest, AM, am, analysis, arcelormittal, financial, market, stock, trading
am, analysis, arcelormittal, financial, market, stock, trading

ArcelorMittal announced that it has extended the time for acceptance of its offer to purchase all of Baffinland Iron Mines' outstanding common shares at a price of C$1.25 in cash per Common Share and all outstanding common share p

By FNNO Staff
fnnonline@gmail.com

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