4/6/2010-Peabody Energy (NYSE:BTU), the largest US coal company, boosted its offer for Macarthur Coal Ltd., as it battles Noble Group for Australian coal assets to supply China’s rapidly growing economy. Peabody’s CEO Gregory Boyce today raised its bid to A$14 per share after Macarthur rejected last week’s A$13 offer as undervaluing the company’s stock. The all-cash offer values the company at $3.27 billion USD.
The Oxen Group recaps the stock market, our current positions, and forecasts the coming day in the stock market.
Shares of NASDAQ OMX Group, Inc. (NASDAQ:NDAQ) rose 6.8% earlier Thursday after company officials announced that the firm plans to repurchase $497 million worth of its own common stock, MarketWatch reports. Shares of the NASDAQ Stock Market-owner continue to 5.35% higher in afternoon trading at $23.74. NASDAQ OMX Group is a global exchange group that delivers trading, exchange technology, securities listing, and public company services across multiple continents. On August 26, 2010, NASDAQ OMX was downgraded to Equal Weight from Overweight at Morgan Stanley. The company has reported $3.2 billion in sales over the past 12 months and is expected to report $3.3 billion in sales in the next fiscal year. NASDAQ OMX Group has a potential upside of 3.6% based on a current price of $23.70 and an average consensus analyst price target of $24.56.
Zacks.com featured expert Kevin Matras highlights: Edwards Lifesciences Corp., The Ensign Group, Inc., MDC Partners …
Stocks in this week’s article include: Edwards Lifesciences Corp. , The Ensign Group, Inc. , MDC Partners, Inc. , Valeant Pharmaceuticals International, Inc. and WGL Holdings, Inc. .
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Whither Japan Stocks: Mitsubishi UFJ Financial Group (NSYE ADR: MTU)
Exporters and equipment makers—especially those withbig China businesses–took big hits. Komatsu (6301:JP; NYSE ADR: KMTUY) lost 3.42 percent. Hitachi Construction Machinery (6305:JP) dropped 4.17 percent. Life insurers with big stock portfolios suffered. Daiichi Life (8750:JP) lost 4.46 percent. The defensive stock that bucked the trend was Ajinomoto (2802:JP: PINK ADR: AJINY) closing …
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Critical Alerts for Priceline, LinkedIn, Simon Property Group, Rock-Tenn, and Cameco Released by Seven Summits Research
Seven Summits Research issues critical PriceWatch Alerts for PCLN, LNKD, SPG, RKT, and CCJ.
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Keep your eye on margins.
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Affiliated Managers Group (AMG) and Invesco (IVZ) Are Top Picks In Asset Manager Space, Due To Their Consistently …
67 WALL STREET, New York – March 23, 2011 – The Wall Street Transcript has just published its S&L’s, Investment Banks and Asset Management Report offering a timely review of the sector to serious investors and industry executives. This S&L’s, Investment Banks and Asset Management Report feature contains expert industry commentary through in-depth interviews with public company CEOs, Equity …
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Taxpayer group official warns of tough times ahead for state, local communities
STONEHAM, MA – As the town’s legislative delegation promised to do all in their power to restore local aid to communities, a representative from a non-profit taxpayer group recently warned that Gov. Deval Patrick’s FY’12 budget proposal relies on some risky assumptions.
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Gold Finder Ltd. Retains Acqua Capital Group. for Investor Relations Service
VANCOUVER, BRITISH COLUMBIA–(Marketwire – Feb. 15, 2011) – Gold Finder Ltd. (“Gold Finder” or the “Company”) (TSX VENTURE:GFN) has engaged Acqua Capital Group. (“Acqua” or the “Consultant”) to develop and execute a comprehensive public relations and investor communications plan to help raise awareness of the Company over a twelve-month renewable term, subject to TSX Venture Exchange approval.
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