BB&T Meets Zacks Estimate

BB&T Corporation (NYSE:BBT) reported its second quarter 2010 operating earnings per share of 33 cents, in line with the Zacks Consensus Estimate. The earnings increased 22.2% from 27 cents per sha...

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State Street Reports In-Line

State Street Corporation (NYSE:STT) reported second quarter 2010 operating earnings of 93 cents, in line with the Zacks Consensus Estimate. Results improved 24% from 75 cents in the prior quarter and ...

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ATC To Be Bought By GENCO

ATC Technology Corporation (NASDAQ:ATAC) has entered an all-cash merger agreement with GENCO Distribution System, Inc. (“GENCO”), under which it will be acquired by the latter for $512.6 milli...

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Bear Of The Day: FTI Consulting (FCN)

We are downgrading our recommendation on FTI Consulting (NYSE:FCN) to Underperform from Neutral as the company trimmed its fiscal year 2010 outlook. The revised outlook is due to dramatic deceleration...

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Baltic Dry Index Submerges

What happens when consumer demand drops off a cliff as it has over the last quarter? Shipments of goods and raw materials will likely follow. How are those shipments measured? Let’s check in on tren...

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Boeing Progresses On Argon Buy

Boeing Company (NYSE:BA) is on its way to complete its previously announced acquisition of Fairfax, Virginia-based Argon ST Inc. (NASDAQ:STST). Boeing instigated a cash tender offer to purchase all of...

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Masimo Acquires SEDLine

Masimo (NASDAQ:MASI) recently acquired SEDLine, an innovator in brain function monitoring. Masimo intends to merge SEDLine products with its own pipeline, consisting of non-invasive medical technologi...

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The EURUSD initially traded from 1.2860 to 1.2992 following strong demand that emerged from Asian central banks and sovereign buyers. This rally took place despite a Moody's downgrade of Ireland which...

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Covidien Wraps Up EV3 Acquisition

Ireland-based healthcare product maker Covidien Plc. (NYSE:COV) has reportedly completed its acquisition of Endovascular devices maker ev3 Inc. (NASDAQ:EVVV) for $2.6 billion. The companies signed the...

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FTI Consulting Trims 2010 Outlook

FTI Consulting Inc. (NYSE:FCN), a Florida-based business advisory firm recently reduced its 2010 guidance as its corporate/restructuring segment remains a drag on growth based on softer trends in bank...

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