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Market Update
Wednesday, August 17, 2011 - 8:36amInvestors Bancorp Inc (NASDAQ: ISBC) announced its plans to acquire Brooklyn Federal Bancorp Inc (NASDAQ: BFSB) for $0.80 per share or around $10.3 million in the aggregate. Shares of Cyanotech Corporation (NASDAQ: CYAN) rose about0.5% as the company named Jole Deal as Chief Financial Officer,...
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RR Donnelley Acquires LibreDigital; Extends e-Reader Services Into Book, Magazine and Newspaper Segments
Wednesday, August 17, 2011 - 5:53amR. R. Donnelley & Sons Company (Nasdaq: RRD) today announced that it has acquired Austin, TX-based LibreDigital, a provider of digital content distribution, e-reading software, content conversion, data analytics and business intelligence services to book, magazine and newspaper publishers as...
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Amerinet Extends Agreement with Standard Register Healthcare
Tuesday, August 16, 2011 - 8:30amStandard Register (NYSE: SR) announced that Amerinet has extended its contract with Standard Register Healthcare through August 31, 2013.
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Top 10 Dividends In The S&P 500
Friday, August 12, 2011 - 12:20pmWe have gone through some rocky times in the past few weeks, with volatility almost reminiscent of 2008. Volatility tends to scare off investors. Dividend yields, especially higher dividend yielding stocks tend to offer some protection in downturns such as the one we are currently experiencing....
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Chelsea Therapeutics Achieves Target Enrollment in Phase II Trial of Droxidopa in Fibromyalgia
Monday, August 8, 2011 - 7:07amChelsea Therapeutics International, Ltd. (Nasdaq: CHTP) has successfully reached its target enrollment of 120 patients in its Phase II trial of droxidopa for the treatment of fibromyalgia. Top-line results of the trial are expected by the end of the year. "We are delighted to have reached our...
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Calls Purchased on R.R. Donnelley & Sons
Friday, August 5, 2011 - 1:43pmShares of R.R. Donnelley & Sons (NYSE: RRD) are lower on the session by 2.01%, currently trading at $15.85. The stock has been moving largely lower over the past three months and is currently trading below the 50-day moving average. Options traders are buying calls on the name today. A short...
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Intraday Losers
Wednesday, August 3, 2011 - 2:53pmKraton Performance Polymers (NYSE: KRA) is trading down over 30% after reporting Q2 earnings. ExamWorks (NYSE: EXAM) is trading down over 30% after reporting Q2 earnings. Kforce (NASDAQ: KFRC) is trading down over 30% after being cut to Neutral at SunTrust Robinson. ION Geophysical (NYSE: IO) is...
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Options Brief: R.R. Donnelley & Sons
Wednesday, August 3, 2011 - 11:56amShares of R.R. Donnelley & Sons (NASDAQ: RRD) are lower on the session by 9.78%, trading at $16.14. Overall put volume is now running at 3.19x the daily average, with 31% of all puts traded being purchases on the offer. 2,112 contracts have traded on the session so far. R.R. Donnelley &...
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Earnings Roundup
Wednesday, August 3, 2011 - 8:05am
MasterCard Inc (NYSE: MA) reported a 33% rise in its second-quarter profit. MasterCard reported its quarterly profit at $608 million, or $4.76 per share, up from $458 million, or $3.49 per share, in the year-earlier period. However, analysts were expecting earnings of $4.22 per share. Its net...
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UPDATE: R.R. Donnelley Reports Drop In Q2 Profit
Wednesday, August 3, 2011 - 6:19amR.R. Donnelley & Sons Co (NYSE: RRD) reported a decline in its second-quarter profit. RRD reported its quarterly profit at $12.2 million, or $0.06 per share, down from $88.8 million, or $0.42 per share, in the year-ago period. Its revenue climbed 8.9% to $2.62 billion. Excluding one-time...
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