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Wednesday, February 8, 2012 - 10:00am
South Korean Opposition Threatens to Scrap US Free Trade Deal
South Korea's opposition leader threatened that if her party wins the race for president, it will scrap the free trade agreement between South Korea and the United States. Democratic United Party (DUP) chairwoman Han Myeong-sook said that unless the current government revises certain clauses in...
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Wednesday, February 8, 2012 - 7:15am
Asian Stocks Surge Higher on Greek Hopes
Every one of Asia's major stock markets ended trading on Wednesday higher, as hopes of a deal between Greece and its creditors were on the rise. Asian stock markets have been sensitive to any news coming out of Europe regarding the financial crisis that the region has been experiencing. A Greek...
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Earnings Roundup
Tuesday, February 7, 2012 - 8:36am
Coca-Cola Co (NYSE: KO) reported a decline in its fourth-quarter profit. Coca-Cola's quarterly profit dropped to $1.65 billion, or $0.72 per share, from $5.77 billion, or $2.46 per share, in the year-earlier period. Its adjusted earnings came in at $0.79 per share. Its sales climbed to $11.04...
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UPDATE: Littlefuse Reports Upbeat Q4 Results, Issues Weak Q1 Earnings Forecast
Tuesday, February 7, 2012 - 8:28amLittlefuse Inc (NASDAQ: LFUS) reported stronger-than-expected fourth-quarter results, but the company issued downbeat earnings forecast for the current quarter. Littlefuse projects Q1 earnings of $0.68 to $0.78 per share, versus analysts' estimates of $0.81 per share. It expects revenue of $148...
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National Instruments Raises Quarterly Dividend by 40% to $0.14
Tuesday, January 31, 2012 - 4:02pmThe National Instruments (NASDAQ: NATI) Board of Directors approved a 40 percent increase in the quarterly dividend to $0.14 per share on the company's common stock payable on March 5 to shareholders of record on Feb. 13. This increase in the dividend reflects the progress NI has made since the...
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A Peek Into The Market Before The Trading Starts
Monday, January 23, 2012 - 7:30am
Pre-open movers US stock futures are slightly higher this morning. Futures for the Dow Jones Industrial Average gained 22 points to 12,676.00 and S&P 500 index futures rose 1 point to 1,311.80. Nasdaq 100 futures gained 2.50 points to 2,437.25. A Peek Into Global Markets European markets...
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Magal Wins a $2.1 Million Contract to Secure Perimeters of Two Prisons in Latin America
Monday, January 23, 2012 - 6:24amMagal Security Systems Ltd. (NASDAQ: MAGS) today announced that it has won a US$2.1 million contract to supply and install multi-layer Perimeter Intrusion Detection Systems for two new high security prisons in Latin America. The multi layered solutions are mostly based on Magal's core products:...
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From Earlier: Magal Receives $1.2M in Orders for Critical Infrastructure Protection in the Far East
Tuesday, January 17, 2012 - 7:40amMagal Security Systems, Ltd. (NASDAQ: MAGS) today announced that it received $1.2 million of orders for critical infrastructure in the Far East. The first order is for a project to protect the perimeter and outdoors of a chemical industrial site. The project is based on an integrated CCTV solution...
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Tuesday, January 10, 2012 - 11:50am
Can South Korean Employment Heal the Region?
One thing is on most people's mind: how is the economy going to recover? According to conventional wisdom, the job market is one of the main indicators of economic strength. From newly minted college graduates to industry veterans, many citizens are struggling to find jobs. It's no secret that...
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UPDATE: J.P. Morgan Lowers Price Target on National Instruments to $32
Wednesday, January 4, 2012 - 8:54amAccording to J.P. Morgan, National Instruments (NASDAQ: NATI) price target is lowered to $32. J.P. Morgan said that OW-National Instruments negatively preannounced its Dec-Q results. “We think the stock had mostly adjusted for a continued tough macro environment. NI remains well positioned for...
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