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Credit Services Sector
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Benzinga's M&A Chatter for Tuesday June 18, 2013
June 18, 2013
The following are the M&A deals, rumors and chatter circulating on Wall Street for Tuesday June 18, 2013: Huawei Says it has No Plans to Acquire Nokia The Rumor:Shares of Nokia (NYSE: NOK ) surged...
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category
YHOO
,
BBRY
,
Rumors
, and 8 more.
from
Latest Articles from Benzinga.com
Texas Industries Names Tom Ransdell Chairman
June 18, 2013
Texas Industries (NYSE: TXI ) announced today that its Board of Directors has named Mr. Tom Ransdell as its Chairman of the Board effective June 18, 2013. Mr. Ransdell has been an independent director...
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category
Contracts
,
Management
,
Benzinga
, and 4 more.
from
Latest Articles from Benzinga.com
Symmetricom Announces Strategic Restructuring Plan
June 18, 2013
Symmetricom (NASDAQ: SYMM ) today announced a strategic restructuring plan and updated its financial outlook for its fiscal fourth quarter ending June 30, 2013. The restructuring plan includes the...
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category
Contracts
,
Management
,
Benzinga
, and 4 more.
from
Latest Articles from Benzinga.com
Cramer: Watch Out, Bears Looking to Mow Down Bulls!
June 18, 2013
Cramer expects the bears to make a run at the market, guns blazing. It could get ugly. Are you ready?
Read More
category
General Electric
,
Starbucks Corp
,
American Express Co
, and 21 more.
from
CNBC.com News
Emerging Markets Awash in Protests
June 18, 2013
In what is becoming something of an emerging trend, no pun intended, developing world stocks and many of the ETFs that track them are cascading lower even on days when U.S. equities rally. The reasons...
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category
Emerging Market ETFs
,
Benzinga
,
Global
, and 15 more.
from
Latest Articles from Benzinga.com
Adobe Trades Higher on Q2 Results (ADBE)
June 18, 2013
Shares of Adobe Systems (NASDAQ: ADBE ) were trading up in Tuesday's after-hours session after the company released its fiscal second-quarter earnings results after the closing bell. Adobe reported a...
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category
Earnings
,
Benzinga
,
Movers
, and 3 more.
from
Latest Articles from Benzinga.com
UPDATE: Tetra Tech Slashes Q3 Guidance, Board Authorizes $100M Buyback Plan
June 18, 2013
Tetra Tech, Inc. (NASDAQ: TTEK ) announced today an update of its third quarter 2013 outlook to reflect increased restructuring costs resulting from the previously announced weakness in Eastern Canada...
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category
TTEK
,
Benzinga
,
Guidance
, and 2 more.
from
Latest Articles from Benzinga.com
La-Z-Boy Rises After Q4 Earnings; Stock Trading at New 52-Week High (LZB)
June 18, 2013
La-Z-Boy (NYSE: LZB ) released its fiscal fourth-quarter earnings after the closing bell on Tuesday. The furniture company reported earnings per share and revenue that came in above Wall Street...
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category
Earnings
,
LZB
,
Benzinga
, and 4 more.
from
Latest Articles from Benzinga.com
MasterCard Announces Annual Meeting Results; Stockholders Re-elect 12 Members to Board of Directors
June 18, 2013
MasterCard Incorporated (NYSE: MA ) announced the results of its Annual Meeting of Stockholders, held earlier today at the company's headquarters in Purchase, NY. At the meeting: each of MasterCard's...
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category
Management
,
Benzinga
,
Information Technology
, and 3 more.
from
Latest Articles from Benzinga.com
Rite Aid Prices Upsized $810.0M Offering of Senior Notes; An Increase of $410.0M
June 18, 2013
Rite Aid Corporation (NYSE: RAD ) announced today the terms of an upsized offering of $810.0 million aggregate principal amount of 6.75% senior notes due 2021 (the “Notes”). The size of the offering is...
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category
Benzinga
,
RAD
,
Financing
, and 1 more.
from
Latest Articles from Benzinga.com
Market Wrap for Tuesday, June 18: Stocks Rally Ahead of Fed Statement
June 18, 2013
Risk appetite was brisk on Wall Street on Tuesday as investors purchased stocks ahead of Wednesday's FOMC statement. The Fed is expected to provide clarity on when it may begin tapering its current $85...
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category
Earnings
,
Benzinga
,
Movers
, and 30 more.
from
Latest Articles from Benzinga.com
Actavis Files Registration Statement on Form S-4 in Connection with Proposed Warner Chilcott Acquisition
June 18, 2013
Actavis (NYSE: ACT ) today announced that Actavis Limited ("New Actavis") has filed with the U.S. Securities and Exchange Commission (SEC) a registration statement on Form S-4 in connection with...
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category
Benzinga
,
ACT
,
WCRX
, and 2 more.
from
Latest Articles from Benzinga.com
Mylan Announces Pricing of $1.15B in Senior Notes; Refinancing Revolving Credit Facility, Will Up From $1.25B to $1.5B
June 18, 2013
Mylan (Nasdaq: MYL ) today announced the pricing of a private placement of $500 million aggregate principal amount of 1.80% Senior Notes due 2016 at an issue price of 99.925% and $650 million aggregate...
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category
Benzinga
,
Financing
,
News
, and 1 more.
from
Latest Articles from Benzinga.com
Analysts Duke it Out Over GameStop (GME)
June 18, 2013
Analysts who cover GameStop (NYSE: GME ) are currently up in the air when it comes to long, medium and short-term predictions about the company. Prior to last week's E3 conference, the stock saw...
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category
Earnings
,
Scott Tilghman
,
Benzinga
, and 9 more.
from
Latest Articles from Benzinga.com
Hatteras Financial Announces Board Authorization of 10M Share Stock Repurchase Program
June 18, 2013
Hatteras Financial (NYSE: HTS ) (the “Company”) today announced that its Board of Directors has authorized a stock repurchase program to acquire up to 10 million shares of the Company's common stock....
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category
Benzinga
,
HTS
,
Buybacks
, and 1 more.
from
Latest Articles from Benzinga.com
UPDATE: Pool Lowers FY 2013 EPS to $2.03-2.13 vs $2.13-2.23 prior, $2.21 est
June 18, 2013
Pool Corporation (Nasdaq: POOL ) today provided an update on market conditions and the impact on its 2013 earnings expectations. "Our four largest, year-round markets remain on track," said Manuel...
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category
Benzinga
,
Guidance
,
POOL
, and 1 more.
from
Latest Articles from Benzinga.com
MRC Global To Acquire Flow Control Products
June 18, 2013
MRC Global (NYSE: MRC ) announced today that it has signed an agreement to acquire the operating assets of Dan H. Brown, Inc., D/B/A Flow Control Products (Flow Control). Founded in Odessa, Texas in...
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category
MRC
,
Benzinga
,
News
, and 1 more.
from
Latest Articles from Benzinga.com
Interesting Similarities Among 2013's Top-Performing ETFs
June 18, 2013
With 2013 nearly half complete, now is a good time to look at this year's top-performing ETFs to see what has worked, what might keep working and which funds could be vulnerable to second-half...
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category
Specialty ETFs
,
Benzinga
,
PBE
, and 24 more.
from
Latest Articles from Benzinga.com
LoJack Announces Election of Phil Horlock to Board of Directors
June 18, 2013
LoJack Corporation (NASDAQ: LOJN ), a leading provider of vehicle theft recovery and advanced fleet management solutions, today announced that transportation industry executive Phil Horlock has been...
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category
Management
,
Benzinga
,
Information Technology
, and 3 more.
from
Latest Articles from Benzinga.com
Flextronics Extends Relationship with Citrix
June 18, 2013
Flextronics (NASDAQ: FLEX ) today announced that it will expand its existing design, manufacturing, logistics and service solutions relationship with Citrix to include Zalaegerszeg, Hungary....
Read More
category
FLEX
,
Benzinga
,
News
from
Latest Articles from Benzinga.com
Interesting Insider Trade Ahead of Micron Earnings (MU)
June 18, 2013
Insider trades can tell a lot about a company. Generally, insider buying on a net basis (when buys outnumber sells) implies that a stock will go up while insider sells generally mean that a stock will...
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category
Earnings
,
Benzinga
,
News
, and 7 more.
from
Latest Articles from Benzinga.com
WellCare Health, The Results Companies to Create New Jobs
June 18, 2013
WellCare Health Plans, Inc. (NYSE: WCG ), a leading provider of managed care services for government-sponsored health care programs, and The Results Companies, a provider of outsourced customer...
Read More
category
Benzinga
,
WCG
,
News
from
Latest Articles from Benzinga.com
AdCare Health Systems Receives Approval from NYSE MKT of Compliance Plan
June 18, 2013
AdCare Health Systems, (NYSE: ADK ), a leading long-term care provider, today announced that, on June 13, 2013, the Company received a notice from the NYSE MKT LLC (the "Exchange") indicating that the...
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category
Benzinga
,
News
,
Legal
, and 1 more.
from
Latest Articles from Benzinga.com
Mid-Afternoon Market Update: Markets Rally Ahead of Fed Announcement Tomorrow; MannKind Drops
June 18, 2013
Toward the end of trading Tuesday, the Dow traded up 0.97 percent to 15,327.18 while the NASDAQ surged 0.94 percent to 3,484.41. The S&P also rose, gaining 0.83 percent to 1,652.81. Top Headline...
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category
Earnings
,
Benzinga
,
Movers
, and 17 more.
from
Latest Articles from Benzinga.com
Heritage Bank of Commerce to Partner with AnewAmerica to Help Entrepreneurs Secure Funding
June 18, 2013
Heritage Commerce (NASDAQ: HTBK ), the parent company of Heritage Bank of Commerce, today announced that it has partnered with AnewAmerica Community Corporation, an organization dedicated to fostering...
Read More
category
Benzinga
,
HTBK
,
News
from
Latest Articles from Benzinga.com
If Xbox One Flops, Will Microsoft Remove the DRM and Daily Connection Requirement? (MSFT)
June 18, 2013
Many consumers think that if they complain enough, Microsoft (NASDAQ: MSFT ) will remove the anti-piracy and anti-used game measures that have infuriated so many people. Others believe that if they...
Read More
category
Xbox One
,
Rumors
,
Benzinga
, and 9 more.
from
Latest Articles from Benzinga.com
Dan Loeb's Third Point Boosts Sony Stake, Reiterates Stance For Entertainment IPO (SNE)
June 18, 2013
Activist investor Dan Loeb of Third Point Capital has taken a larger stake in embattled technology maker Sony (NYSE: SNE ) in an attempt to maximize shareholder value in the conglomerate. Loeb...
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category
Kazuo Hirai
,
Management
,
Dan Loeb
, and 11 more.
from
Latest Articles from Benzinga.com
Adobe Earnings Preview: EPS, Revenue Expected to Decline, Guidance Key (ADBE)
June 18, 2013
Software giant Adobe Systems (NASDAQ: ADBE ) is expected to report second third quarter results Tuesday after the bell. Earnings and revenue are expected to decline from the second quarter of 2012...
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category
Earnings
,
Benzinga
,
ADBE
, and 5 more.
from
Latest Articles from Benzinga.com
Amazon Announces 'Birthday Gift' Feature, Expands FreeTime Unlimited Selection (AMZN)
June 18, 2013
When Facebook (NASDAQ: FB ) announced its gift giving initiative, the goal was to turn a profit in a fun and clever way. Instead of relying solely on the profits of weak, poorly targeted ads, Facebook...
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category
Success Stories
,
Benzinga
,
AMZN
, and 6 more.
from
Latest Articles from Benzinga.com
Latest Hunt for Jimmy Hoffa Not a Teamsters Priority
June 18, 2013
If you want the latest – or any – news on the current search for the body of former Teamsters President Jimmy Hoffa, don’t bother checking the union’s website. Information about the search for the man...
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category
JPMorgan Chase
,
Benzinga
,
Bank of America
, and 15 more.
from
Latest Articles from Benzinga.com
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