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  • Ayala Land confident of winning Bacolod suit Wednesday, July 20, 2011 @ 1:47AMAyala Land Inc., the biggest property company, is confident the court will uphold the decision of the provincial government of Negros Occidental to award a 7.7-hectare property in Bacolod City to the company.
  • CNOOC Limited Enters Arrangement Agreement to Acquire OPTI Canada Tuesday, July 19, 2011 @ 11:28PMCALGARY, ALBERTA--(Marketwire - July 20, 2011) - OPTI Canada Inc. (TSX:OPC) ("OPTI" or the "Company") announced today that it has entered into an agreement (the "Arrangement Agreement") with CNOOC Luxembourg S.à r.l, an indirect wholly-owned subsidiary of CNOOC Limited, pursuant to which indirect wholly-owned subsidiaries of CNOOC Limited, will acquire the Second Lien Notes (as defined below ...
  • Wipro Results for the Quarter Ended June 30, 2011 Under IFRS Tuesday, July 19, 2011 @ 10:59PMWipro Limited today announced financial results under International Financial Reporting Standards for its first quarter ended June 30, 2011.
  • Transatlantic to Pursue Better Validus Offer to Beat Allied Tuesday, July 19, 2011 @ 7:41PMTransatlantic Holdings Inc., the reinsurer that agreed to merge with Allied World Assurance Company Holdings AG, said it will ask Validus Holdings Ltd. to improve its counteroffer.
  • Transatlantic Seeks Better Offer From Reinsurer Validus to Beat Allied Bid Tuesday, July 19, 2011 @ 7:22PM“The Validus proposal is reasonably likely to lead to a superior proposal,” Transatlantic’s board said yesterday in a statement, announcing its intention to enter into discussions with Bermuda-based Validus.
  • Yahoo! Reports Second Quarter 2011 Results Tuesday, July 19, 2011 @ 3:20PMSUNNYVALE, Calif.--(BUSINESS WIRE)--Yahoo! Inc. (NASDAQ:YHOO) today reported results for the quarter ended June 30, 2011. Revenue excluding traffic acquisition costs (“revenue ex-TAC”) was $1,076 million for the second quarter of 2011, a 5 percent decrease from the second quarter of 2010, primarily due to the revenue share related to the Search Agreement with Microsoft. Excluding this item and ...
  • Southern Union accepts Energy Transfer acquisition offer worth $5.7B, tops rival Williams' bid Tuesday, July 19, 2011 @ 1:22PMNEW YORK, N.Y. - Natural gas pipeline company Southern Union Co. on Tuesday agreed to be bought by Energy Transfer Equity for $5.7 billion, topping a bid from rival Williams Cos.
  • Southern Union accepts Energy Transfer bid Tuesday, July 19, 2011 @ 1:19PMSouthern Union accepts Energy Transfer acquisition offer worth $5.7B, tops rival Williams' bid
  • NYSE Euronext Welcomes SuccessFactors, Inc. to Its European and U.S. Markets Tuesday, July 19, 2011 @ 1:19PMNEW YORK and PARIS, July 19, 2011 /PRNewswire/ -- Today, SuccessFactors, Inc., the San Mateo, Calif. based global leader in business execution software, marked its first day of trading and cross-listing on NYSE Euronext (NYX) markets in Europe and the United States by ringing the Opening Bells in Paris and New York. SuccessFactors delivers business alignment, team execution, people performance ...
  • What's your greatest fear if the U.S. fails to raise debt ceiling? Tuesday, July 19, 2011 @ 12:38PMBlank U.S. Treasury checks are run through a printer at the U.S. Treasury printing facility in Philadelphia. President Obama recently stated he can't guarantee retirees will receive their Social Security checks in August if the House and Senate can not reach an agreement on reducing the deficit. (PHOTO CREDIT: GETTY IMAGES) FROM CNN's Jack Cafferty: [...]
  • Top 5 Blackrock Mutual Funds Tuesday, July 19, 2011 @ 10:19AMBlackrock
  • Greenply Industries net jumps 25% Tuesday, July 19, 2011 @ 8:36AMGreenply Industries net profit rose 24.73 per cent to Rs 12.96 crore for the quarter ended June 30, 2011, over Rs 10.39 crore in the same period last fiscal.
  • The Zacks Analyst Blog Highlights: Yahoo, Google, Microsoft, Wright Medical and ArthroCare Corporation Tuesday, July 19, 2011 @ 8:30AMCHICAGO , July 19, 2011 /PRNewswire/ -- Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Yahoo! Inc . (Nasdaq: YHOO ), Google Inc (Nasdaq: GOOG ), Microsoft Corp (Nasdaq: MSFT ), Wright Medical (Nasdaq: WMGI ...
  • The Zacks Analyst Blog Highlights: American International Group, Bank of America, Citigroup, Royal Bank of Scotland ... Tuesday, July 19, 2011 @ 8:30AMZacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets.
  • San Diego Trust Bank Continues to Post Record Results Tuesday, July 19, 2011 @ 8:23AMSAN DIEGO--(BUSINESS WIRE)--San Diego Trust Bank (OTC: SDBK) one of the most consistently profitable banks in the State, reported its 27th consecutive quarterly profit with year-to-date earnings up 40% from the comparable period of a year ago. Net earnings after-tax for the six months ending 6/30/11 totaled $569 thousand compared to $408 thousand for the same period last year. Net Income for the ...
  • Greenply Ind Q1 net profit up 25% Tuesday, July 19, 2011 @ 7:19AMPlywood maker Greenply Industries today said its net profit rose by 24.73% to Rs 12.96 crore for the quarter ended June 30, 2011, over the same period previous fiscal.
  • Low Customer Satisfaction for Facebook Opens Door for Google+ Tuesday, July 19, 2011 @ 7:00AMThe social media market is primed for a new player that allows users to connect with friends, according to the 2011 American Customer Satisfaction Index E-Business Report, produced in partnership with customer experience analytics firm ForeSee Results.
  • Upside & Downside Scenarios to Boeing's $87 Value Monday, July 18, 2011 @ 8:59AMBoeing's ( BA ) most important business is the commercial airplanes division, which accounts for over 55% of our $87 price estimate for Boeing . The division provides commercial jet
  • Optical Cable Corporation Declares Quarterly Dividend Monday, July 18, 2011 @ 7:00AMOptical Cable Corporation today announced the declaration of a quarterly cash dividend to OCC's shareholders.
  • Financing Options: Preferred Stock Monday, July 18, 2011 @ 5:44AMAlmost all venture capital firms and many angel and seed investors will require the company they are investing in to issue them preferred stock. The vast majority of equity dollars invested in startups are securitized with preferred stock.
  • Still Happy To Be Swimming In Outperformance With Ariel Monday, July 18, 2011 @ 2:05AMAriel started to rise in our rankings when the market rebounded off its bottom in March 2009. With r
  • Weyerhaeuser NR Signs a $30M Global IT Transformation Deal With iGATE Patni Monday, July 18, 2011 @ 12:58AMFREMONT, Calif. and MUMBAI, India -- iGATE Patni, the integrated technology and operations brand providing Business Outcomes-based solutions, today announced it has signed a $30 million contract to provide managed IT infrastructure service operations to the Weyerhaeuser NR Company, one of the world's largest forest products companies.
  • Icahn pushes Clorox sale Friday, July 15, 2011 @ 11:34PMBillionaire and activist investor Carl Icahn is pushing for a sale of Clorox, the consumer-products conglomerate that owns Durham-based Burt's Bees.
  • 7. Merger of equals Friday, July 15, 2011 @ 7:46PMA QUIETLY put together deal, the proposed merger of local oil and gas service providers SapuraCrest Petroleum Bhd and Kencana Petroleum Bhd announced earlier this week has taken many by surprise.
  • Shareholder sues to block Vt. utility merger Friday, July 15, 2011 @ 2:27PMA Central Vermont Public Service Corp. shareholder is suing to block the utility's proposed sale, saying it undervalued its stock in accepting two purchase offers and will shortchange investors by going through with the second.
  • Fernando Barnard of Bestinver on Sonae Friday, July 15, 2011 @ 11:50AMBy Jacob Wolinsky. Following full-time internships at Price Waterhouse (Madrid, 1994), BBVA (Madrid, 1996), and DG Bank (Frankfurt, 1997), he started his professional career in 1998 in Frankfurt at an asset management company, Value Management & Research, where he worked closely with the founder, a former associate to legendary investors Peter Lynch and the Browne brothers of Tweedy Browne. It ...
  • Christoph Hilfiker of LLB Asset Management on Sumitomo, Sony and Nippon Paper Friday, July 15, 2011 @ 11:35AMBy Jacob Wolinsky. Christoph Hilfiker, born 1970 in Basel/Switzerland, is serving as a senior fund manager with LLB Asset Management in Vaduz/Principality of Liechtenstein. He's responsible for the research and the equity management of the Pacific region. Prior to joining LLB Asset Management, he was responsible for the European equity management at Münchner Kapitalanlage AG/Munich. He's the ...
  • Mainer sues to block Vt. utility merger Friday, July 15, 2011 @ 11:34AMA federal lawsuit says Central Vermont Public Service accepted an inadequate offer from one suitor, had to buy its way out of it and as a result got a second offer at a similarly inadequate price.
  • Letter to the CEOs of National Australia Bank and Commonwealth Bank of Australia from Permian Investment Partners of ... Friday, July 15, 2011 @ 11:09AMNEW YORK, NY--(Marketwire - 07/15/11) - Letter issues by Permian Investment Partners to the Chief Executives of National Australia Bank and Commonwealth Bank of Australia 15 July 2011 Mr. Cameron Clyne Chief Executive Officer National Australia Bank Ltd Level 4 800 Bourke Street Melbourne, VIC 3008 Mr. Ralph Norris Chief Executive Officer Commonwealth Bank of Australia Ltd Ground Floor Tower 1 ...
  • Vermilion Energy Inc. Announces $0.19 CDN Cash Dividend for August 15, 2011 Payment Date Friday, July 15, 2011 @ 10:10AMCALGARY, Alberta, Canada--(BUSINESS WIRE)--Vermilion Energy Inc. (“Vermilion”) (VET – TSX) is pleased to announce a cash dividend of $0.19 CDN per share payable on August 15, 2011 to all shareholders of record on July 29, 2011. The ex-dividend date for this payment is July 27, 2011. This dividend is an eligible dividend for the purposes of the Income Tax Act (Canada). Vermilion is an oil ...
  • CLX and HK received buyout bids, RIG scored an upgrade, and SBUX is accelerating its foray into China Friday, July 15, 2011 @ 8:58AMChecking out a few of today's hot stocks on the move, we've got another move to shore up Chinese customers by Starbucks Corporation (SBUX), takeover offers for both The Clorox Company (CLX) and Petrohawk Energy Corporation (HK), and a bullish brokerage note for Transocean Ltd...( Read More )
  • Janet Tavakoli: Mark Zuckerberg's Value Problem: "My" Facebook Profile Was a Fraud, So Was "Warren Buffett's" Thursday, July 14, 2011 @ 9:42PMI don't like Facebook, and I don't trust Facebook. You don't even need an account to be punked by Facebook. Facebook doesn't know who is real and who isn't real. Many people may not even be aware there is an impostor profile of them on Facebook.
  • Mark Zuckerberg's Value Problem: "My" Facebook Profile was a Fraud, so was "Warren Buffett's." Thursday, July 14, 2011 @ 9:14PMI don't use Facebook. Neither does Warren Buffett, but phonies have used his name on Facebook. Earlier this month, an imposter created "my" profile on Facebook.
  • Warwick Valley Telephone Acquires Alteva for $17M Thursday, July 14, 2011 @ 5:31PMWARWICK, NY -- Warwick Valley Telephone Company (NASDAQ: WWVY), a full service telecommunications co...
  • THE DISTILLERY: DJs blues Thursday, July 14, 2011 @ 4:28PMCommentators question whether David Jones' woes are entirely due to non company-specific issues. 15 Jul 2011 7:23 AM
  • Ralcorp Board of Directors Agrees in Principle to Separate Ralcorp and Post Foods in a Tax-Free Spin-Off to Ralcorp ... Thursday, July 14, 2011 @ 3:32PMRalcorp Holdings, Inc. today announced that its Board of Directors has unanimously agreed in principle to separate Ralcorp and Post Foods in a tax-free spin-off to Ralcorp shareholders. Â The Company expects to complete the separation in approximately four to six months, following the receipt of an Internal Revenue Service tax ruling and/or satisfactory legal opinion as to the tax-free nature of ...
  • Does Amazon's Tablet Matter? Thursday, July 14, 2011 @ 3:20PMFool analysts debate the importance of Amazon's new tablet.
  • Warwick Valley Telephone Announces Acquisition of Alteva to Significantly Strengthen CLEC/Cloud Business Thursday, July 14, 2011 @ 3:10PMWARWICK, NY--(Marketwire - 07/14/11) - Warwick Valley Telephone Company (the "Company" or "WVT") (NASDAQ: WWVY - News ), a full service telecommunications company operating in southern Orange County, New York and portions of central New York and northwestern New Jersey, announced today that it has entered into a definitive asset purchase agreement to acquire substantially all of the assets of ...
  • The Open Game License: A case study in open source markets Thursday, July 14, 2011 @ 11:26AMThe history of the roleplaying game industry in general, and the Dungeons and Dragons game in particular, serves as an interesting case study in the relative benefits of openness in business models.
  • It’s War: Williams Cos Raises Bid for Southern Union Thursday, July 14, 2011 @ 7:34AMIt's war. Williams Cos. just lobbed a $44-a-share takeover offer for Southern Union, topping a just raised bid from a rival.
  • Williams Announces Revised Proposal to Acquire Southern Union for $44.00 per Share in Cash Thursday, July 14, 2011 @ 7:00AMWilliams announced today that it submitted an enhanced proposal to acquire Southern Union Company for $44.00 per share in cash, for a total enterprise value of $9.4 billion. Williams conveyed the all-cash, premium proposal via a letter to the Special Committee of Southern Union's Board of Directors.
  • Renaissance Russ Inf - Publication of Prospectus Thursday, July 14, 2011 @ 5:30AMRenaissance Russ Inf - Publication of Prospectus
  • Chevron's $2.2bn contract to local JV Thursday, July 14, 2011 @ 3:17AMTHE latest salvo in the local content on major projects battle has been fired with the Chevron awarding a $2.2 billion contract to a local joint venture.
  • Opti Canada files for creditor protection, to receive $375M equity investment Wednesday, July 13, 2011 @ 5:27PMCALGARY - Opti Canada Inc. (TSX:OPC) has filed for a court-supervised restructuring that will transfer ownership of the oilsands developer to creditors who will provide $375 million in new investment funds.
  • The Caldwell Partners International Issues Fiscal 2011 Third Quarter Financial Results Wednesday, July 13, 2011 @ 4:57PMCompany achieves 5% operating margin, with third quarter net income of
  • Vendy awards, Hot Diggity, and more Wednesday, July 13, 2011 @ 3:02PMHere is an excerpt from Craig LaBan's online chat: C.L.: Anyone visit the Vendy awards in the Piazza Sunday? We've got video of the event, shot by one of our intrepid interns, Greg Thomas (Philly.com/vendys). I was tickled to see that one of our veteran food trucks, Gigi's, was the Vendy Cup winner, not o
  • OPTI Canada Announces CCAA Filing to Pursue Restructuring Agreement with Bondholders Wednesday, July 13, 2011 @ 12:34PMCALGARY, ALBERTA--(Marketwire - July 13, 2011) - OPTI Canada Inc. (TSX:OPC) ("OPTI" or the "Company") today announced that it has reached agreement with a committee of holders of the Company's 7.875 percent Senior Secured Notes due 2014 and 8.25 percent Senior Secured Notes due 2014 (collectively, the "Secured Notes") on a restructuring of the Company's balance sheet, and investment of $375 ...
  • Cincinnati Bell to Sell Complete Protection™ Security Monitoring Business to Guardian Alarm Company Wednesday, July 13, 2011 @ 10:11AMCINCINNATI--(BUSINESS WIRE)--Cincinnati Bell Inc. (NYSE: CBB) today announced the signing of a definitive agreement to sell its Complete Protection security monitoring business to Guardian Alarm Company. Cincinnati Bell will continue to offer Complete Protection services through a marketing agreement with Guardian. “Guardian Alarm Company is a world-class operator of security monitoring services ...
  • City council to hear BZA appeal Wednesday, July 13, 2011 @ 7:42AMBexley City Council members anticipate a big turnout for their July 27 meeting, when they will hear an appeal of a controversial Board of Zoning Appeals (BZA ) decision.
  • The Zacks Analyst Blog Highlights: Pfizer, JPMorgan Chase, Morgan Stanley, Yum! Brands and McDonald's Wednesday, July 13, 2011 @ 7:20AMThe Zacks Analyst Blog Highlights: Pfizer, JPMorgan Chase, Morgan Stanley, Yum! Brands and McDonald's