Zacks

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Zacks


Steel Dynamics Raises Debt - Analyst Blog

Posted on 03/19/10 at 6:46pm
Steel Dynamics Inc. (STLD), the fifth largest US steel producer, has raised $350 million by issuing 8% senior notes due 2020 through a private offering. The company intends to use the proceeds from the notes to finance capital expenditure and acquisitions as well as debt repayment.
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DuPont Focus on Plant Genetics - Analyst Blog

Posted on 03/19/10 at 6:30pm
Chemical manufacturer EI DuPont de Nemours & Company (DD) is spending $40 million on advanced plant genetics business under its Iowa-based Pioneer Hi-Bred subsidiary. DuPont is planning to open new research facilities on advanced plant genetics, which would help farmers boost agricultural productivity.
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HD to roll out Spring Black Friday - Analyst Blog

Posted on 03/19/10 at 6:01pm
Similar to the traditional Black Friday that kick-starts the Christmas holiday shopping season, The Home Depot Inc. (HD), the world’s largest home improvement specialty retailer, has decided to implement Spring Black Friday in March and April to mark the beginning of the busiest shopping season of the home improvement industry.
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Ford Receives Grants - Analyst Blog

Posted on 03/19/10 at 6:01pm
The U.K. government announced that it will provide £360 million ($550 million) in loan guarantees from its Automotive Assistance Program to Ford Motor Co. (F) to support its research and development for commercial vehicles and low carbon emission diesel and petrol engines.
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PPL Awards $70M Contract, Builds Jobs - Analyst Blog

Posted on 03/19/10 at 5:45pm
Recently, PPL Electric Utilities, a subsidiary of PPL Corporation (PPL) awarded a contract of over $70 million to Valmont Industries Inc. for the Susquehanna-Roseland power line.
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ArcelorMittal Signed MoU - Analyst Blog

Posted on 03/19/10 at 5:16pm
Recently, ArcelorMittal (MT) signed a memorandum of understanding (MoU) to form a joint venture with Turkish partner Dayen to build a steel mini-mill with electric furnace in Sulaimaniyah, Northern Iraq. 
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AAR Corp. on Hold for Now - Analyst Blog

Posted on 03/19/10 at 5:01pm
AAR Corp. (AIR) was selected by Bombardier Aerospace, Belfast to design and manufacture composite flap track fairings for the wings of the new CSeries family of commercial aircraft. The contract is expected to exceed $90 million over the life of the program. 
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CRA International Lags Estimates - Analyst Blog

Posted on 03/19/10 at 4:46pm
On Thursday, CRA International Inc. (CRAI) reported operating earnings of $0.5 million or 4 cents per share for the fiscal first quarter of 2010 ended Feb 19, 2010, which substantially fell short of the Zacks Consensus Estimate of 27 cents and from 18 cents reported in the year-ago period.  
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Amdocs Wins Telenet Contract - Analyst Blog

Posted on 03/19/10 at 4:31pm
Amdocs Corp. (DOX), a leading developer of customer relationship management and billing software for communications service providers, has won a contract to deploy the Amdocs Enterprise Product Catalog for Belgian cable MSO Telenet.
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