Barnes & Noble Inc. (NYSE: BKS) shares rocketed into the green this morning on news the New York City-based bookseller has received an approximately $1 billion buyout offer from Liberty Media, chaired by billionaire media mogul John Malone. The deal, as it stands, is an acquisition offer of $17 per share in an all cash [...]
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Deere & Company climbs on Record Q2 Earnings
Deere & Company (NYSE: DE) yesterday reported record second-quarter earnings and positive guidance for fiscal 2011 driven by higher equipment sales forecast. Deere reported second-quarter net income of $904.3 million, or $2.12 per share, up from $547.5 million, or $1.28 per share, reported for the same period in the previous year. The company’s net income [...]
Jones Soda Shares fizz on Momentum from Q1 Results
Jones Soda Co. (NASDAQ: JSDA) is a Seattle, Washington-based developer, producer, marketer and distributor of a variety of beverages, including Jones Pure Cane Soda, a carbonated soft drink; Jones Zilchtm, a zero calorie offering and Jones 24C, an enhanced water beverage. The company sells its products through its distribution network, called direct store delivery (DSD) [...]
3 Penny Stocks Every One’s Watching – WRIT, SFIO, TBBC
Writer’s Group Film Corp. (PINK: WRIT) shares are up more than 80% in today’s trading after Front Row Networks, a Los Angeles-based concert production and distribution company acquired by Writer’s Group back in February this year, announced that it entered into a partnership with renowned “The Fyzz” to develop 3D music programming to meet growing [...]
Top OTC Stock; EcoEmissions Partnership fuels Trading Energy
EcoEmissions Solutions Inc. (PINK: ECMZ) shares skyrocketed more than 67% in today’s trading after the company announced that it entered into a partnership with Hatton Marine. EcoEmissions announced that it awarded the distribution, installation and servicing rights for the EcoEmissions CIS Systems for the Pacific Northwest to Hatton Marine Engine and Generator Systems Inc. Hatton [...]
Analyst Rating Winners: 3 Top Upgrades
Analyst upgrades, market sentiment and recent news drove these companies into the green in today’s trading session. Hercules Offshore Inc. (NASDAQ: HERO) ratings was upgraded by FBR Capital from Underperform to Outperform and was set at a target price of $8.50. Analysts believe that the Gulf of Mexico jackup rig market is on the verge [...]
Good as Gold; Orofino Reports Positive Mining Results
Orofino Gold Corp. (OTC: ORFG) shares soared toward 99% gains today after the company reported laboratory high grade test results results for its Culo Alzado mining area in the northern margin of Senderos de Oro. A random chip sample provided 31.8 grams of gold per tonne. Fusion method was adopted for this test, whereas aqua [...]
Citigroup Appoints New Head of Global Equities Trading
Citigroup Inc. (NYSE: C) announced the promotion of Mike Pringle as the head of global equities trading. The company said that the management change is related to its plans to earn more from emerging markets. Pringle is expected to oversee use of capital, risk and trading personnel. Derek Bandeen, who heads equities at the New [...]
L&L Energy Bags Mining Contract
L&L Energy (NASDAQ: LLEN) has inked a contract to supply 300,000 tons of coal mined from its Chinese operations to its existing client and procurer – Kunming Iron & Steel by its subsidiary KMC. LLEN has to supply this quantity over a period of 12 months. LLEN also has to supply 400,000 tons of U.S. [...]
Top Nasdaq Stock Pick; Star Scientific begins Recovery from Losses
Shares of Star Scientific Inc. (NASDAQ: CIGX) are on their way back into the green today after five days of losses, losing 9% in yesterday’s trade. Shares this morning climbed more than 4% to $3.40. The company recently reported about the introduction of a new moist tobacco product that has very low level of carcinogenic [...]
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