All Posts Tagged With: "IP"
(MWV) MeadWestvaco Impacted by Weak Demand
MeadWestvaco Corporation (MWV) announced that it expects pre-tax income from its business segments (before Corporate and other) in the range of $150 to $160 million for the fourth quarter of 2011. For the full year 2011, the company expects pre-tax income in the range of $835...
21Jan2012 | vitalstocks | 0 comments | Continued(IP) International Paper Company – Bull of the Day
International Paper Co.’s (IP) third quarter EPS of $0.92 beat the Zacks Consensus Estimate. The company continues with its merger and acquisition strategy to strengthen its businesses. The merger with Temple-Inland will increase its share of the North American corrugated-packaging...
17Jan2012 | vitalstocks | 0 comments | Continued(IBM) IBM to Focus on Analytics
Analytics has emerged as the new focal point for IBM Corp. (IBM) in 2012.The company looks set to drive significant growth in this fast-growing sector, according to CEO Virginia Rometty. The strong growth of analytics can be attributed to the increasing complexity enterprises...
14Jan2012 | vitalstocks | 0 comments | Continued(IBM) IBM Further Spreads Wings in Cloud
IBM Corp (IBM) recently announced that it has agreed to acquire Green Hat, a cloud-based software testing provider. This would mark IBM’s first acquisition in 2012. The to-be-acquired company will be integrated into IBM’s Rational Software business, which enables software...
9Jan2012 | vitalstocks | 0 comments | Continued(IP) Temple-Inland Shareholders Nod to International Paper Merger
The International Paper (IP) – Temple-Inland (TIN) merger has been approved by more than 98% of Temple’s shareholders. This clears a major hurdle in the creation of a company that would enjoy about 40% share of the North American corrugated packaging materials market....
9Dec2011 | vitalstocks | 0 comments | Continued(IBM) IBM Third Quarter 2011 Earnings Preview
IBM Corp. (IBM) is scheduled to announce its third quarter 2011 results after the closing bell on October 17, 2011, Monday. We noticed the quarter’s estimates treading in a positive direction, and considering the past trends, we continue to believe another earnings beat is...
18Oct2011 | vitalstocks | 0 comments | Continued(IBM) International Business Machines Partners with High Energy Accelerator Research Organization of Japan
International Business Machines Corp. (IBM) and High Energy Accelerator Research Organization of Japan, also known as KEK, have joined hands to develop a server and storage solution named “KEK Central Computer System.” The KEK Central Computer System will consist...
6Oct2011 | vitalstocks | 0 comments | Continued(AAPL) Apple Acquires Patents in China
The China’s Patent Office issued 40 patents to Apple Inc. (AAPL) that would enable it to better protect its intellectual property (IP) in the country. The patents cover 37 products, inclusive of the iPhone, iPod and MacBook Air. In China, Apple has been plagued by the sale...
22Sep2011 | vitalstocks | 0 comments | Continued(ERTS) Electronic Arts Releases NHL12
Video game developer and publisher, Electronic Arts Inc. (ERTS), popularly known as EA, recently launched its latest game NHL 12 in retail stores across North America. NHL 12 is available exclusively on Sony Corp.’s (SNE) PlayStation 3 and Microsoft Corp.’s (MSFT) Xbox 360. NHL...
20Sep2011 | vitalstocks | 0 comments | Continued(BAC) Company News for September 7, 2011 – Corporate Summary
• Lufkin Industries (NASDAQ:LUFK) said it had concluded an Asset Purchase Agreement to purchase virtually all the assets of Quinn’s Oilfield Supply Ltd for around $303 million • Shares of exploration company Sunoco Inc. (NYSE:SUN) gained 5.32% after the...
7Sep2011 | vitalstocks | 0 comments | Continued(SA) U.S. Housing Prices Mixed in June
In June, home prices were mixed. The Case-Schiller Composite 10 City index (C-10) rose a slight 0.04% on a seasonally adjusted basis, and is down 3.85% from a year ago. The broader Composite 20 City index (which includes the cities in the C-10) edged down by 0.06% on the month...
1Sep2011 | vitalstocks | 0 comments | Continued(IBM) International Business Machines Unveils New Cloud Solution
International Business Machines Corp.(IBM) has unveiled its new hybrid cloud solution that is capable of managing and connecting public and private clouds securely for its clients. Hybrid cloud is a composition of two or more clouds (private, community, or public) that are bound...
26Aug2011 | vitalstocks | 0 comments | Continued(EK) Eastman Kodak Announces Patents for Sale
Eastman Kodak Co. (EK) has put a portfolio of its patents on digital imaging, up for sale. The move entails attracting potential buyers and converting the company’s intellectual property into cash. Kodak’s digital-imaging patents are estimated to worth $3 billion, of late. In...
22Aug2011 | vitalstocks | 0 comments | Continued(ERTS) Electronic Arts Announces Star-Studded Cover for FIFA12
Video game developer and publisher, Electronic Arts Inc. (ERTS), better known as EA, announced that EA Sports’ latest soccer game FIFA Soccer 12 will hit retail stores on September 27, 2011. EA also announced that the U.S. soccer star Landon Donovan will be gracing the front...
15Aug2011 | vitalstocks | 0 comments | Continued(IBM) International Business Machines Partners with Infor
International Business Machines Corp. (IBM) in partnership with Infor, a provider of business software and services, has developed a second set of integrated hardware and software solutions that would likely improve profitability and responsiveness for manufacturers. The new...
8Aug2011 | vitalstocks | 0 comments | Continued(IT) International Business Machines Opens Data Centers in Japan
Information Technology (IT) major, International Business Machines Corp. (IBM) recently announced the opening of two new data centers in Japan. The first data center is located in Makuhari and will cater to IBM’s SmartCloud Enterprise customers. The new data center will enable...
17Jul2011 | vitalstocks | 0 comments | Continued(ERTS) Electronic Arts to Ship New Adventure Pack
Video game developer and publisher, Electronic Arts Inc. (ERTS), better known as EA, announced that its new adventure game The Sims Medieval: Pirates and Nobles will be available in stores from August 2011. Developed by The Sims Studio, the first adventure pack to The Sims Medieval...
11Jul2011 | vitalstocks | 0 comments | Continued(APA) Apache Hits Record at Forties
Apache Corporation (APA) announced that its development wells in the Forties field have started production at a record rate, reaping benefits from the advanced seismic technology that was applied to enhance output. As per the company, the Charlie 4-3 well’s initial production...
10Jul2011 | vitalstocks | 0 comments | Continued(EQR) U.S. Home Prices Mixed – Good News
In April, home prices were mixed. The Case-Schiller Composite 10 City index (C-10) rose an ever-so-slight 0.01% on a seasonally adjusted basis, and is down 3.04% from a year ago. The broader Composite 20 City index (which includes the cities in the C-10) fell by 0.09% on the...
28Jun2011 | vitalstocks | 0 comments | Continued(MWV) MeadWestvaco Builds New Boiler
MeadWestvaco Corporation (MWV) recently announced its plan to invest $285 million for building a new state-of-the-art biomass boiler and upgrading the power infrastructure associated with it at its Covington, Virginia, facility. This strategic investment not only improves the...
28Jun2011 | vitalstocks | 0 comments | Continued(WY) Weyerhaeuser to Sell Hardwood Unit
Weyerhaeuser Company (WY) recently entered into an agreement to sell its hardwood and industrial products division to American Industrial Partners. Financial terms of the transaction were not disclosed. The transaction is expected to be complete by the month of August this year....
23Jun2011 | vitalstocks | 0 comments | Continued(DHI) New Homes Sales Down Less than Expected
New Home Sales in May fell by 2.1% from April, to a rate of 319,000. Relative to a year ago, sales are up 13.5%. While the rebound is more than welcome, it is still a very dismal rate of New Home sales. Offsetting the decline was an upward revision to the April numbers of 3,000...
23Jun2011 | vitalstocks | 0 comments | Continued(FDX) FedEx Tops Earnings Forecast on Strong Volume
Before the opening bell, FedEx Corporation (FDX), the world’s second-largest package delivery company, reported fourth quarter 2011 adjusted earnings of $1.75 per share. The quarter’s earnings outpaced the Zacks Consensus Estimate by 3 cents and increased 32% from $1.33...
22Jun2011 | vitalstocks | 0 comments | Continued(IBM) IBM Unveils New SmartCloud Service
International Business Machines Corp.(IBM) has launched two new cloud based services for its clients that enable data protection and help in the faster recovery of archived data and essential applications. IBM SmartCloud Virtualized Server Recovery and IBM SmartCloud Archive,...
21Jun2011 | vitalstocks | 0 comments | Continued(IP) Temple-Inland Responds to International Paper Bid
To ward off International Paper Co’s (IP) offer of $3.3 billion or $30.60 per share in cash made earlier this week, Temple-Inland Inc. (TIN) has adopted a stockholder rights plan and declared dividend distribution of preferred share purchase rights on each outstanding share...
15Jun2011 | vitalstocks | 0 comments | Continued(IP) Temple-Inland Responds to IP Bid
To ward off International Paper Co’s (IP) offer of $3.3 billion or $30.60 per share in cash made earlier this week, Temple-Inland Inc. (TIN) has adopted a stockholder rights plan and declared dividend distribution of preferred share purchase rights on each outstanding share...
12Jun2011 | vitalstocks | 0 comments | Continued(C) Company News for June 08, 2011 – Corporate Summary
• International Paper Company (NYSE:IP) offered to buy Temple-Inland (NYSE:TIN) in a deal worth $3.38 billion. Reacting to this development, share prices of Temple-Inland rose 40.36% to close at $29.49 • Share prices of Skyworks Solutions, Inc. (NASDAQ:SWKS) increased...
8Jun2011 | vitalstocks | 0 comments | Continued(BAC) Stock Market News for June 8, 2011 – Market News
On Tuesday, Ben Bernanke said US economic growth remained “frustratingly slow from the perspective of millions of unemployed and underemployed workers”. Such comments from the Federal Reserve Chairman kept the investors bearish as the markets suffered losses for the fifth...
8Jun2011 | vitalstocks | 0 comments | Continued(DHI) New Home Sales Report Up But Still Ugly
New Home Sales in April rose by 7.3% from April, to a rate of 323,000. Relative to a year ago, sales are down 23.1%. While the rebound is more than welcome, it is still a very dismal rate of New Home sales. In additional good news about the direction of new home sales, the March...
1Jun2011 | vitalstocks | 0 comments | Continued(IBM) IBM New Migration Tools Move Clients from Oracle
IBM Corp. (IBM) introduced new migration resources to pace up the process to shift clients using Oracle Corp (ORCL) software to IBM software. This new initiative includes training IBM clients for the IBM software. IBM will also finance the migration process from the Oracle database...
31May2011 | vitalstocks | 0 comments | Continued