All Posts Tagged With: "JEF"

(JEF) Knight Capital Group to Merge with Getco

The Global Electronic Trading Company or Getco LLC is all set to acquire the troubled automated trading firm Knight Capital Group, Inc. (KCG) for $1.4 billion. The cash and stock deal ...

28Dec2012 | | Comments Off | Continued

(AA) Fourth Quarter Earnings Season Gets Underway – Earnings Preview

Q4 Earnings Season Gets Underway We are still some days away from what is ‘unofficially’ considered the start of the fourth earnings season when aluminum producer Alcoa (AA) reports results on January 8th....

17Dec2012 | | Comments Off | Continued

(PBCT) People’s United Financial Prices Senior Notes

On Monday, Connecticut-based People’s United Financial Inc. (PBCT) announced the pricing of nearly $500 million worth of senior notes. The offering is anticipated to culminate on December 6, 2012, subject to customary closing...

7Dec2012 | | Comments Off | Continued

(BX) The Blackstone Group LP Closes GCA Acquisition

On Friday, Blackstone Capital Partners V, L.P ? a private equity fund managed by The Blackstone Group LP (BX) ? announced that it has completed the acquisition of GCA Services Group from Nautic Partners, L.L.C. and other minority shareholders....

3Dec2012 | | Comments Off | Continued

(LXP) Lexington Realty Trust to Offer Shares

Lexington Realty Trust (LXP), a real estate investment trust (REIT), has recently announced its decision to offer 15 million shares  at $9.45 each to enhance its liquidity. The company has also decided to grant the underwriters a...

23Oct2012 | | Comments Off | Continued

(FNF) Fidelity Prices Notes Worth $400 Million

In a concerted effort to fortify its long term financials and refinance an earlier debt, Fidelity National Financial, Inc. (FNF), is issuing notes worth $400 million. The company, on August 21, announced the pricing of the notes which...

25Aug2012 | | Comments Off | Continued

(BBBY) Housing in the Spotlight – Earnings Preview

Earnings Preview 12/16/11 There will only be a handful of firms reporting next week as the third quarter reporting season is almost over. A total of just 34 firms are scheduled to report, including 13 of the S&P 500. Most...

19Dec2011 | | 0 comments | Continued

(EXPE) Company News for September 26, 2011 – Corporate Summary

•    Shares of American Medical Alert Corp (NASDAQ:AMAC) jumped 48% after Tunstall Healthcare Group announced that it was acquiring the health-services provider for $82.3 million •    Nike Inc. (NYSE:NKE)...

26Sep2011 | | 0 comments | Continued

(BAC) Company News for September 12, 2011 – Corporate Summary

•    Ulta Salon, Cosmetics & Fragrance, Inc. (NASDAQ:ULTA) posted second quarter 2011 earnings of $0.38 per share, which surpassed the Zacks Consensus Estimate of $0.32 •    VeriSign Inc. (NASDAQ:VRSN)...

12Sep2011 | | 0 comments | Continued

(BAC) Company News for August 29, 2011 – Corporate Summary

•    According to reports, Bank of America Corporation (NYSE:BAC) has planned to sell at least half of its 10% stake in China Construction Bank •    Dell Inc. (NASDAQ:DELL) announced...

29Aug2011 | | 0 comments | Continued

(ADSK) Company News for August 22, 2011 – Corporate Summary

•    Sprint Nextel Corp. (NYSE:S) was rumored to be in talks with cable companies and may possibly acquire Clearwire Corporation (NASDAQ:CLWR) •    AnnTaylor Stores Corp. (NYSE:ANN)...

22Aug2011 | | 0 comments | Continued

(ADSK) Company News for July 25, 2011 – Corporate Summary

•    Advanced Micro Devices, Inc. (NYSE:AMD) reported first quarter earnings per share of $0.09, surpassing the Zacks Consensus Estimate by a penny •    Microsoft Corporation’s (NASDAQ:MSFT)...

25Jul2011 | | 0 comments | Continued

(XLF) Stock Market News for July 19, 2011 – Market News

Lingering euro-zone debt worries and the impasse over debt-ceiling negotiations weighed down investor sentiment on Monday, while bank shares felt the burn of the markets’ downtrend. The Dow Jones Industrial Average (DJIA) shed 0.8% to close at 12,385.16. The Standard & Poor 500 (S&P...

19Jul2011 | | 0 comments | Continued

(PRU) Prudential Financial Spins off Commodities Business Unit

On Friday, Prudential Financial, Inc (PRU) announced the spin-off of its global commodities business unit to Jefferies Group Inc. (JEF) for $419.5 million. The...

5Jul2011 | | 0 comments | Continued

(SNH) Senior Housing Properties Trust Mulls Equity Offer

Senior Housing Properties Trust (SNH), a real estate investment trust (REIT) which primarily owns private pay senior living communities and medical office buildings across the U.S., has recently announced its decision to issue 6.5...

28Jun2011 | | 0 comments | Continued

(ETFC) E*TRADE Analyst Upgrades Shares to Outperform

We have upgraded our recommendation on E*Trade Financial Corporation(ETFC) to Outperform from Neutral based on improved first-quarter 2011 results. In April, E*TRADE reported first-quarter 2011 earnings of 16 cents per share,...

14Jun2011 | | 0 comments | Continued

(C) Company News for June 6, 2011 – Corporate Summary

•    Zynga Inc, one of the largest game makers for Facebook is negotiating with The Goldman Sachs Group, Inc. (NYSE:GS) to head its initial public offering and provide a credit line of over $1 billion, enabling the company to make acquisitions •   ...

6Jun2011 | | 0 comments | Continued

(IBKR) Interactive Brokers Group Reports Better Metrics

On Monday, Interactive Brokers Group Inc.’s (IBKR) business segment Electronic Brokerage announced its monthly performance data for the month of April. The segment clears and settles trades globally for both individual and institutional...

4May2011 | | 0 comments | Continued

(LUK) Leucadia National to Raise Stake in Jefferies Group

Leucadia National Corporation (LUK) recently announced that  it will increase its stake in Jefferies Group Inc. (JEF), a full service investment bank. The company,...

12Apr2011 | | 0 comments | Continued

(APC) Company News for December 30, 2010 – Corporate Summary

• BHP Billiton (NYSE:BHP) plans to offer a price of $90 per share for Anadarko (NYSE:APC) • Lockheed Martin (NYSE:LMT) was awarded a Navy...

30Dec2010 | | 0 comments | Continued

(C) Company News for December 29, 2010 – Corporate Summary

• Citigroup (NYSE:C) CEO Pandit remarked that his firm is ready for any sort of regulatory changes • FBR reiterated an “outperform” rating on Fairchild Semiconductor (NYSE:FCS),...

29Dec2010 | | 0 comments | Continued

(AAPL) Company News for December 21, 2010 – Corporate Summary

• Toronto-Dominion (NYSE:TD) announced plans to acquire Chrysler Financial for $6.3 billion • Royal DSM said it would acquire Martek Biosciences (NASDAQ:MATK) for $1.09 billion, or $31.50...

21Dec2010 | | 0 comments | Continued

(AAPL) Company News for December 21, 2010 – Corporate Summary

• Toronto-Dominion (NYSE:TD) announced plans to acquire Chrysler Financial for $6.3 billion • Royal DSM said it would acquire Martek Biosciences (NASDAQ:MATK) for $1.09 billion, or $31.50...

21Dec2010 | | 0 comments | Continued

(AAPL) Company News For December 14, 2010 – Corporate Summary

• Pfizer (NYSE:PFE) announced a quarterly dividend increase of 11% to $0.20 • Sanderson Farms (NASDAQ:SAFM) reported fiscal fourth quarter earnings of $2.08, beating Zacks Consensus Estimate...

14Dec2010 | | 0 comments | Continued

(ANF) Company News for December 6, 2010 – Corporate Summary

• Rio Tinto (NYSE:RIO) is reported to be in talks with a possible $3.2 billion offer in the works for Australian Riverdale Mining • Barron’s wrote favorably on Big Lots (NYSE:BIG) on valuation merits after last week’s earnings miss • According to All Things Digital,...

6Dec2010 | | 0 comments | Continued

(ABB) Company News for November 30, 2010 – Corporate Summary

• Zurich-based ABB (NYSE:ABB) said it agreed to buy Baldor Electric (NYSE:BEZ) for $4.2 billion, or $63.50 per share • Google (NASDAQ:GOOG) is rumored to be in talks with online discounter Groupon, in a deal valued as much as $6 billion • Seagate Technologies (NASDAQ:STX) terminated...

5Dec2010 | | 0 comments | Continued

(BAC) Company News for December 1, 2010 – Corporate Summary

• State Street (NYSE:STT) said it will lay off 1,400 jobs, or 5% of its workforce • RLI (NYSE:RLI) said it will pay a $7.00 per share special dividend • Bank of America (NYSE:BAC) initiated coverage of Dendreon (NASDAQ:DNDN) with a “buy” rating and a price target...

1Dec2010 | | 0 comments | Continued

(BMS) Company News for November 24, 2010 – Corporate Summary

• Eli Lilly (NYSE:LLY) received FDA approval for its topical solution drug Axiron, for testosterone replacement therapy in men • Tiffany (NYSE:TIF) reported estimate-beating third quarter earnings of $0.43 a share, ahead of Zacks projections of $0.37, on a 14% revenue jump to $681.7 million...

29Nov2010 | | 0 comments | Continued

(AMSC) American Superconductor to Offer 4.6 Million Shares

Power technologies company, American Superconductor Corporation (AMSC) has recently announced plans to offer 4.6 million common shares to raise funds for capital expansion programs. The company will also grant the underwriters an...

12Nov2010 | | 0 comments | Continued

(AAPL) Company News for November 11, 2010 – Corporate Summary

• Wal-Mart (NYSE:WMT) said it will offer free shipping on its website through December 20 • Research In Motion (NASDAQ:RIMM) said it will offer its BlackBerry PlayBook tablet computer for less than $500, a move likely to undercut prices for Apple’s (NASDAQ:AAPL) winning iPad • Cisco...

11Nov2010 | | 0 comments | Continued