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 »
5 Tips to Survive Economic Turmoil (part 5/5)
This current economic turmoil brings us to the fifth and final segment of our special report, “5 Tips to Surviving Economic Turmoil.” In this part, we’ll discuss averaging down, and why to be cautious of it. BE WARY OF AVERAGING DOWN Averaging Down means buying more shares of a stock you already own, if the 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 »
Deer Consumer Products announces significant developments in New York Litigation against illegal short sellers; reaffirms guidance: DEER
Deer Consumer Products (NASDAQ: DEER) $4.03 -16.56% announced that Deer is fully aware of the latest desperate short seller attacks on Deer on Sept 6, 2011, including another publication of the same old lies by a fictitious figure “Alfred Little,” including totally fabricated information, false identities, and false allegations against the co. Deer has repeatedly filed more »
Rubicon Minerals sells its royalty on company’s Phoenix Gold Project for $23.2 million: RBY, OXM
Rubicon Minerals (AMEX: RBY) $4.26 +0.11 : Co announce that Franco-Nevada has purchased all of the right, title and interest of Dominion Goldfields (“DGC”) in the 2% net smelter returns royalty payable on that part of Rubicon’s Phoenix Gold Project in Red Lake, Ontario lying beneath the waters of Red Lake (i.e. excluding mining properties more »
Cardium Therapeutics reported that it has planed to reestablish compliance: CXM
Cardium Therapeutics Inc. (AMEX: CXM) $0.20 +3.65% reported that it had submitted a modified compliance plan designed to reestablish compliance with its exchange listing requirements in view of ongoing plans related to the acquisition of a nutraceutical business designed to expand the Company’s MedPodium product line. In a related matter, the Company announced the incorporation more »
QEP Resources announced new $1.5 billion revolving credit facility: QEP, SCVL
QEP Resources (NYSE: QEP) $33.38 -1.49 announced that it has entered into a new $1.5 billion, 5-year, unsecured revolving credit agreement with a group of 19 financial institutions. The credit facility replaces the $1.0 billion credit facility that was scheduled to mature in March of 2013. The new credit facility provides for borrowings at short-term more »
Avago reports earnings: AVGO, RENN, EEFT, GOOG, SANM
Avago Tech (AVGO $32.18 +2.92) reported third quarter GAAP earnings of $0.57 per share, $0.02 better than the Capital IQ GAAP consensus of $0.55, while revenues rose 9.6% year/year to $603 million versus the $592.8 million consensus. The company issued in-line guidance for the fourth quarter with revenues +2-5% year over year to approximately $615.1-633.2 more »
Lakes Entertainment announces joint venture: LACO, RRTS
Lakes Entertainment: (NASDAQ: LACO) $2.31 +0.01 announced that it has entered into a joint venture with Dania Entertainment Center, LLC (“DEC”) for the management and redevelopment of the existing Dania Jai Alai fronton in Dania Beach, Florida, to convert it into a destination casino which will include slot machines, Jai Alai, entertainment, a variety of bars more »
Magnum Hunter announced proposed acquisition by its wholly owned subsidiary Williston Hunter: MHR, RNO
Magnum Hunter Resources Corp. (NYSE: MHR) $4.28 -2.95% Magnum Hunter announced that the previously announced proposed acquisition by its wholly owned subsidiary, Williston Hunter ND, LLC, of oil and gas properties in the Williston Basin in North Dakota from Eagle Operating did not close yesterday due to unresolved issues between the parties resulting from what Magnum more »