Videos - In The News

  •      07:44 AM Peabody, ArcelorMittal Gain Regulatory Approval For Australian Miner

    Peabody Energy Corp (NYSE:BTU) announced Friday that it has the approval for its $4.9 billion takeover bid of Australian miner, Macarthur Coal Ltd.

    Macarthur's board has rejected the joint bid from Peabody and steelmaker ArcelorMittal (NYSE:MT) as undervaluing one of the world's largest...

  • 03:14 PM AOL Buying Back $250 Million Of Declining Stock

    AOL's (NYSE:AOL) board of directors approved on Thursday that it plans to repurchase $250 million of its outstanding common stock over the next year.

    Prior to the announcement, AOL was valued at $11.03 per share, down 36% since the company released their Q2 earnings on Wednesday.

    ...

  • 02:40 PM UBS Raised Its PT For Polo Ralph Lauren To $150

    UBS raised its price target for Polo Ralph Lauren (NYSE:RL) to $150 from $140 and maintained its buy rating on the stock.

    Polo Ralph Lauren has a potential upside of 11.5% based on a current price of $127.88 and an average consensus analyst price target of $142.56.

    Polo Ralph...

  • 02:37 PM Northorp Grumman Awarded $388 Million Contract From U.S. Army

    The Department of Army Mission and Installation Contracting Command Center Fort Eustis has awarded Northorp Grumman (NYSE:NOC) a contract to provide training and technical services in support of the U.S. Army Mission Command Training Program.

    The $388.4 million plus award fee contract...

  • 01:34 PM Pfizer Starts Payouts In Fatal Nigerian Drug Study

    Drug maker Pfizer Inc.(NYSE:PFE) reports that it has begun paying victims and their families affected by its fatal 1996 meningitis study in northern Nigeria.

    Nigeria's government and the New York-based pharmaceutical company released a $75 million settlement in 2009. The company on...

  • 01:32 PM Family Dollar Celebrates 7,000th Store Grand Opening

    The Family Dollar Stores (NYSE:FDO) continues to expand its footprint across the U.S. The store is broadening its commitment to the communities of its customers and their families with the grand opening of its 7,000th store in Memphis, Tennessee.

    Mr. Levine, the Family Dollar Chairman and...

  • 01:25 PM Boeing Booked With 19 New 777 Orders

    Boeing (NYSE:BA) announced that it has booked 19 new orders for its 777, and it needs to build commercial planes faster to keep up with demand.
    Unidentified customers ordered seven more 777s, while Cathay Pacific ordered 12.
    The company now has backlog of 3,400 planes. A number of...

  • 01:03 PM Bank of America Regrets Acquisition of Countrywide

    Business Journal reported that the executives at Bank of America (NYSE:BAC) regret their 2008 acquisition of Countrywide Financial as the final mortgages continue to cause financial, legal, and public relations problems for the former.

    Bank of America bought Countrywide back in 2008 by...

  • 11:10 AM Elizabeth Arden Topped Q4 Estimates, Top Line Up 11.2% YoY

    Elizabeth Arden (NASDAQ:RDEN) reported Q4 EPS of $0.18, ahead of consensus estimates of $0.12 per share. Revenues for the quarter rose 11.2% year-over-year to $253.8 million, topping consensus estimates of $241.7 million.

    The company sees Q1 EPS of $0.25 to $0.30, vs. consensus estimates...

  • 11:05 AM Morgan Stanley Lowered Its PT For Walt Disney To $42, Maintained Its OW Rating

    Morgan Stanley lowered its price target for Walt Disney (NYSE:DIS) to $42 from $50 and maintained its overweight rating on the stock.

    Walt Disney has a potential upside of 48.3% based on a current price of $32.23 and an average consensus analyst price target of $47.81.

    Walt Disney...