NYSE Euronext Trading Volumes Surged Due to Volatility; Profit Strike Estimates
NYSE Euronext (NYX) reported third-quarter profit that surpassed estimates as the company cut down costs and market instability increased trading volumes. NYSE Euronext (NYX) is the U.S. exchange company that Deutsche Boerse AG (DB1) is setting up to acquire. The New York-based company said today in a statement, that net income increased 56 percent to more »
Score releases September 2011 U.S. online video rankings
comScore Inc (SCOR) $20.49 +0.55 Co released data from the comScore Video Metrix service showing that 182 million U.S. Internet users watched online video content in September for an average of 19.5 hours per viewer. The total U.S. Internet audience engaged in 39.8 billion video views. Google (GOOG) Sites, driven primarily by video viewing at more »
Sara Lee and Grupo Bimbo receive U.S. Department of Justice Approval on North American fresh bakery sale
Sara Lee Corp. Co. (SLE) $17.63 +0.37 announced that it has reached an agreement with Grupo Bimbo and the U.S. Department of Justice that will allow the parties to complete the sale of Sara Lee’s North American Fresh Bakery business to Grupo Bimbo following approval by a federal judge. The transaction is expected to close on Nov. 5, more »
Peabody Energy accepts offer for Macarthur Coal takeover
Peabody Energy (BTU) $38.17 +0.28 and ArcelorMittal (MT) announced that CRH and CITIC Group have confirmed that they intend to accept the A$16.00 all-cash takeover offer for Macarthur Coal Ltd (ASX: MCC). With these acceptances, PEAMCoal will control more than 49% of Macarthur Coal shares, and intends to declare the offer unconditional upon obtaining control more »
Sonoco Prices Note Offering and Synaptics Beats the Street
Sonoco (SON) 29.85 -0.72 announced that it has priced a public offering of $500 million of its senior unsecured notes consisting of $250 million of 4.375% Notes due 2021 and a reopening of its 5.75% Notes due 2040 for $250 million. The offering was made pursuant to an effective shelf registration statement. The new 5.75% Notes more »
Nucor sees Q3 EPS below consensus: NUE, WMGI
Nucor Corporation (NUE) 34.10 : Co sees Q3 EPS of $0.45-0.55 vs $0.66 Capital IQ Consensus Estimate. “As we expected, our profitability has deteriorated in Q3 compared to Q2 but continues well ahead of 2010 levels. The recent deterioration reflects lower steel prices and metal margins, particularly for sheet mill products, due to new domestic more »
Crimson Exploration announced successful completion of, and initial production on, the Littlepage McBride in Karnes County, TX and the KM Ranch: CXPO, EC
Crimson Exploration Inc. (CXPO) $2.88 +0.07 : In Karnes County, TX, the Littlepage McBride #2H, targeting the Eagle Ford Shale formation, commenced production at a gross rate of 1,030 Boepd on a 15/64th choke and 2,700 psi of flowing tubing pressure. The well was drilled to a total measured depth of 16,174 feet, including a more »
Integra announces agreement to acquire Ascension Orthopedics for ~$65 mln: IART, CSS
Integra Life Sciences Holdings Corp. (IART) 36.19 : Co announced an agreement for co to acquire Ascension, a provider of high quality, innovative products for the foot, hand and shoulder markets, for ~$65 mln in cash, subject to adjustments. When combined with Integra’s legacy business, the products will represent ~45% of Integra’s Orthopedics revenues. Upon more »
TransCanada: Final Environmental Impact Statement sees no significant impacts for Keystone project: TRP, CWEI
TransCanada Corp. (NYSE:TRP) 42.15 -1.11 : The FEIS concluded that ‘The analyses of potential impacts associated with construction and normal operation of the proposed Project suggest that there would be no significant impacts to most resources along the proposed Project corridor’… In the FEIS, seven alternative routes were studied. They included one potential alternative route more »
Comcast’s NBCUniversal announces launch of consent solicitation and offer to guarantee Universal Orlando’s public debt securities: CMCSA, PLG
Comcast Corporation (CMCSA) 21.44 +0.05 : Co announced the launch of a consent solicitation and offer to guarantee that relates to $260 million of 8.875% Senior Notes due November 15, 2015 and $146.25 mln of 10.875% Senior Subordinated Notes due November 15, 2016. Co is offering to fully and unconditionally guarantee the Senior Notes and more »