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NYSE Market News

HellermannTyton Shares Up 42.2% on Delphi Offer

31 Jul 2015 @ 01:47
HellermanTyton’s (LSE:HTY) share price busted out of the doldrums of 52 weeks of trading between 273.00 (14 October 2014) and 375.00 (28 May 2015), opening at 470.00 this morning. The boost came from an announcement that Delphi Automotive PLC (NYSE: DLPH) has agreed to acquire HTY for $1.7 billion (£1.67 billion). The offer was accepted […]
 

Northrop Grumman and Missile Defense Agency surpass cost targets

28 Jul 2015 @ 06:53
Multimillion-dollar savings from 2014 efforts; software efficiency to benefit hundreds of MDA users The Missile Defense Agency (MDA) and Northrop Grumman Corporation (NYSE:NOC) have achieved nearly $7 million savings through the Modeling and Operations Software Affordability Initiative during 2014, exceeding the $5 million savings targeted. In collaboration with the MDA, Northrop Grumman...
 

LifeLock facing Class Action lawsuit?

27 Jul 2015 @ 05:58
What are the details? Class Action Lawsuit Regarding Alleged Deceptive Practices Hagens Berman Sobol Shapiro LLP, a national investor-rights law firm, advises investors of the September 21, 2015 lead plaintiff deadline in the securities fraud class action lawsuit filed against LifeLock, Inc. (NYSE:LOCK). In statement Hagens Berman Sobol Shapiro said: “On July 21, 2015 the […]
 

Amazon Shares Hit Record High - Topping Walmart in Market Cap

25 Jul 2015 @ 07:35
Amazon’s share price (NASDAQ:AMZN) hit an all-time high of 580.57 today following its Q2 results for the period ending 30 June. The report indicated a 20% year-on-year increase in revenues to $23.18 for the quarter. Opinion on the street was that Amazon would report a second-quarter loss. Instead, it announced a $92 million net profit.  The […]
 

Obama Healthcare Driving More Major M&A

25 Jul 2015 @ 01:40
It has been only 18 days since ADVFN published “The Obamacare Effect Starts U.S. Merger Frenzy” on 06 July, in which we reported that U.S.-based healthcare insurer, Aetna (NYSE:AET), announced that it would be acquiring all outstanding shares in Humana (NYSE:HUM). At that time,  the New York Times and others had forecasted that that acquisition would be merely the first ripple...
 

Halliburton Beats Street Estimates - Up 2.7%

21 Jul 2015 @ 05:05
Halliburton’s share price (NYSE:HAL) is up more than 2.5% today, despite second quarter results that paled by comparison to both the previous quarter and year-on-year. The key factor was that HAL beat analysts’s expectations of 29 cents per share by 51%. Halliburton generated 44 cents. Company Chairman and CEO, Dave Lesar, pointed out that “Our […]
 

Armco Metals to launch steel scrap business with Chinese investment?

21 Jul 2015 @ 04:56
Yes, they are. Armco Metals Holdings, Inc.(NYSE MKT:AMCO), a distributor of imported metal ores and a steel recycler in China, today announced that its Armco Metals (Shanghai) Holding, Ltd. subsidiary is establishing an OTO (Online to Offline) platform for steel scrap business with business partners. The new operations will be conducted through, Shanghai Meng Yi […]
 

HII land £0.5bh US Navy submarine contract

19 Jul 2015 @ 20:17
For engineering and industrial Work Huntington Ingalls Industries (NYSE:HII) announced today that its Newport News Shipbuilding division was awarded a $106 million contract to provide engineering and industrial support on U.S. Navy submarines, special mission submersibles, submarine support facilities and related programs. If all options are exercised, the total value of the contract will be...
 

City National Corporation declares preferred stock dividends

19 Jul 2015 @ 20:14
How much are they worth? City National Corporation (NYSE:CYN) today announced that it has declared cash dividends on its outstanding series of preferred stock. A quarterly cash dividend of $13.75 per share was declared on its 5.50% Non-Cumulative Perpetual Preferred Stock, Series C (equivalent to $0.34375 per related depositary share), payable on August 13, 2015 […]
 

Civeo Corporation completes redomiciling to Canada

19 Jul 2015 @ 20:13
Civeo Corporation (NYSE:CVEO), one of the largest integrated providers of workforce accommodations, logistics and facility management services to the natural resource industry, today announced that it has completed the previously announced redomiciling of the Company to Canada, which was approved by Civeo stockholders at the 2015 Annual Meeting. Effective today, Civeo is a Canadian domiciled...
 
 
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