-
Benzinga's Microcap Movers for Friday February 10, 2012
Saturday, February 11, 2012 - 6:22pmBelow are highlights from Benzinga's daily coverage of microcap securities making big moves: Tandy Brands Accessories I Shares of Tandy Brands Accessories (NASDAQ: TBAC), the Dallas, TX designer and marketer of mens, womens, and childrens accessories, rose 75% Friday on 21 times the average...
Read More >> -
Benzinga's M&A Chatter for Friday February 10, 2012
Friday, February 10, 2012 - 6:20pmThe following are the M&A deals, rumors and chatter circulating on Wall Street for Friday February 10, 2012: Actuant Acquires Jeyco Pty The Deal: Actuant (NYSE: ATU) announced Friday that it has acquired Jeyco Pty Ltd (“Jeyco”). Headquartered near Perth, Australia, Jeyco designs and provides...
Read More >> -
David Einhorn Comments on Apple, Still Short Green Mountain
Friday, February 10, 2012 - 3:30pmOn Friday, David Einhorn of Greenlight Capital spoke at Columbia Business School. Benzinga was first to break the story. Einhorn made several noteworthy comments: Einhorn was positive on Apple (NASDAQ: AAPL) as a business. He said that, in general, the TV business is one of very low margins, but...
Read More >> -
Friday, February 10, 2012 - 1:57pm
Lions Gate Reports Terrible Earnings - Then Soars 10%
Lions Gate Entertainment (NYSE: LGF) released its fiscal Q3 earnings results after the closing bell on Thursday. The company, which noted investor Carl Icahn unsuccessfully attempted to acquire last year, reported a net loss of $1.7 million or $0.01 per share, compared to a loss of $6 million or $0...
Read More >> -
First Solar Falls 10% after Solar Deal Delay
Friday, February 10, 2012 - 1:43pmShares of First Solar (NASDAQ: FSLR) are under much pressure during Friday's trading session after its $1.36 billion dollar solar deal with Exelon (NYSE: EXC) has hit a delay. On September 30, 2011, Excelon acquired Antelope Valley Solar Ranch One, a 230-MW solar photovoltaic project under...
Read More >> -
Exide Technologies Plummets 25% on Poor Quarterly Results
Friday, February 10, 2012 - 1:17pmShares of Exide Technologies (NASDAQ: XIDE) are seeing much pressure during Friday's trading session after the company reported third quarter results yesterday, which failed to thrill investors. Exide's fiscal 2012 third quarter consolidated net sales were $784.1 million as compared to net sales...
Read More >> -
Friday, February 10, 2012 - 12:40pm
Danger, Danger: Prep For A Sell-Off With These Inverse ETFs
The reasons are plentiful regarding why investors and even active traders should tread carefully with leveraged and inverse ETFs but if today's market pullback sticks around for a while, the utility of these ETFs (when properly used) has the potential to shine. Inverse ETFs are probably the best...
Read More >> -
Motorola Mobility Spokesperson Could Not Comment on Reported Pending EU Approval of Google Deal
Friday, February 10, 2012 - 12:30pm -
E-Commerce Dangdang Popping on Partnership Rumors
Friday, February 10, 2012 - 10:35amShares of E-Commerce China Dangdang (NASDAQ: DANG) are seeing a strong bounce higher during Friday's trading session after rumors circulated saying that the company is preparing a partnership with China's largest electronics retailer. According to Marbridge, "Chinese E-commerce Dangdang and home...
Read More >> -
SED International Popping 54% on Positive Quarterly Results
Friday, February 10, 2012 - 10:26amShares of SED International (NYSE: SED) are seeing much strength during Friday's trading session after the company announced second quarter results yesterday, which surprised investors. SED International's gross profit percent increased to 9.0%, an increase of 55.2%, to $13.6 million compared to 5...
Read More >>

















