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Landec Ticks Higher Following Q2 Earnings Release
Tuesday, January 3, 2012 - 4:09pmShares of Landec (NASDAQ: LNDC) are trading higher in the after-hours following the release of the company's Q2 earnings results. Currently, shares are higher by 0.17%, trading at $5.91; they ended the regular session higher by 6.88%, at $5.90. Landec reported Q2 EPS of $0.13 on revenues of $81.6...
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Earnings Scheduled For January 3
Tuesday, January 3, 2012 - 4:28am
Team Inc (NYSE: TISI) is projected to post its Q2 earnings at $0.49 per share on revenue of $154.10 million. Landec Corporation (NASDAQ: LNDC) is expected to post its FQ2 EPS at $0.12 on revenue of $73.73 million. Progress Software Corp (NASDAQ: PRGS) is estimated to post its FQ4 earnings at $0....
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Nanophase Receives Compliance Notice From NASDAQ
Tuesday, September 20, 2011 - 3:15pmNanophase Technologies Corporation (Nasdaq: NANX) announced today that on September 16, 2011, it received notice from the NASDAQ Stock market that the closing price of the Company's common stock had fallen below $1.00 for thirty consecutive business days and the Company therefore currently is not...
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Berkshire Hathaway Completes Acquisition of Lubrizol
Friday, September 16, 2011 - 11:30amBerkshire Hathaway Inc. (NYSE: BRK.A) and The Lubrizol Corporation (NYSE: LZ) today announced the completion of the acquisition of Lubrizol for $135 per share in an all-cash transaction. The transaction, having been overwhelmingly approved by Lubrizol shareholders and having met all U.S. and non-U....
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Berkshire Hathaway Acquisition of Lubrizol Scheduled to Close on Friday, September 16
Wednesday, September 14, 2011 - 1:06pmBerkshire Hathaway Inc. (NYSE: BRK.A) and The Lubrizol Corporation (NYSE: LZ) received notification from the Ministry of Commerce of the People's Republic of China that it has formally approved Berkshire Hathaway's planned acquisition of the global specialty chemical company. The parties expect...
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Landec Announces End of Monsanto Agreement and a Return of All Rights
Wednesday, September 14, 2011 - 8:01amLandec Corporation (Nasdaq: LNDC), today announced that Monsanto Company has informed Landec that Monsanto is shifting its focus to other areas of research and development and is reallocating resources to those areas. Accordingly, Monsanto has indicated that it intends to allow the co-exclusive...
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Merger Arbitrage Mondays – September 19, 2011
Monday, September 12, 2011 - 12:07pmMerger activity remained steady last week with three new deals announced and four closing. You can find all the active deals listed below in our Merger Arbitrage Tool that automatically updates itself during market hours. Deal Statistics: Total Number of Deals Closed in 2011 152 Total Number...
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Morning Market Losers
Wednesday, August 31, 2011 - 8:57amLTX-Credence Corporation (NASDAQ: LTXC) fell 16.94% to $5.49 at 9:50 am. LTXC reported a 12% drop in its fiscal fourth-quarter earnings and issued a downbeat forecast for its first fiscal quarter. CardioNet Inc (NASDAQ: BEAT) shares lost 16.45% to $3.15. Analysts at Roth Capital lowered price...
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Morning Market Movers
Wednesday, August 31, 2011 - 8:50amD. Medical Industries Ltd (NASDAQ: DMED) shares surged 23.89% to $3.06 at 9:45 am. DMED reported its Q2 sales of NIS 523 thousand (US$ 153 thousand). ADA-ES Inc (NASDAQ: ADES) shares advanced 21.83% to $16.74. ADA-ES agreed to pay $33 million to settle Norit International dispute. Cell...
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Deutsche Bank Lowers PT On OMNOVA To $6
Wednesday, August 31, 2011 - 8:39amDeutsche Bank has published a research report on OMNOVA Solutions (NYSE: OMN) after the company lowered its 2011 EPS guidance by 30%. In the report, Deutsche Bank writes, "In what is likely to be the first of many US chemical companies to do the same, OMNOVA lowered its 2011 EPS guidance by 30%...
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