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NYSE Market News

Tyson extends common stock offering

26 Aug 2014 @ 22:46
Food for thought? Tyson Foods, Inc. (NYSE:TSN) and The Hillshire Brands Company (NYSE:HSH) today announced that Tyson has extended the offering period of its previously announced tender offer to purchase all of the outstanding shares of common stock of Hillshire Brands for $63.00 per share in cash, without interest. Pursuant to the Agreement and Plan of Merger, dated July 1, 2014, by and among...

Yellen About As Effective As Obama

22 Aug 2014 @ 22:30
The financial world waited nervously for Fed Chairwoman Janet Yellen’s speech in Jackson Hole, Wyoming today. The anticipation and tension was felt, as it is every month, in markets around the globe as investors expectations increased as the time drew closer for her to share her insights into the economy and the actions that the Fed would take. Speculation was rampant as usual. She might...

Aerojet helps save military communications satellite

20 Aug 2014 @ 21:42
Did it bump into Northrup’s fridge? Aerojet Rocketdyne, a GenCorp (NYSE:GY) company, has received the Outstanding Achievement Award from the Electric Propulsion Technical Committee at the American Institute of Aeronautics & Astronautics for its contribution to the Advanced Extremely High Frequency-1 (AEHF-1) Rescue Team. The team, which included two other aerospace companies and the...

Northrup to send refrigerators into space

20 Aug 2014 @ 21:38
A cool thing about space Cryogenic refrigerators from Northrop Grumman Corporation (NYSE:NOC) that chill satellite sensors to hundreds of degrees below zero Fahrenheit (°F) for maximum sensitivity are to be deployed by NASA. The space agency launched Orbiting Carbon Observatory-2 into space on July 2. Its mission is to make the clearest and most complete measurements ever of atmospheric carbon...

Carillion Won't Give Up on Balfour Beatty

19 Aug 2014 @ 21:12
At 3:07 pm London time today, Carillion (LSE:CLLN) renewed its wooing of Balfour Beatty (LSE:BBY).  At 3:25 pm, Balfour Beatty’s board responded that it “notes” the Carillion proposal, will consider it, and will make a public response “in due course.” Both Carillion’s share price and Balfour Beatty’s share price responded to the dual announcements...

Northrup lands new US Army contract

16 Aug 2014 @ 12:24
Selected to Modernize Black Hawk Cockpit Northrop Grumman Corporation (NYSE:NOC) has been selected by Redstone Defense Systems to supply and integrate mission avionics equipment for a digital cockpit upgrade of the U.S. Army’s UH-60L Black Hawk helicopters. Northrop Grumman will provide a scalable, fully integrated mission equipment package for the UH‑60L cockpit and will replace the...

When Coke Has a Monster Day, It's the Real Thing

15 Aug 2014 @ 21:27
Okay. I admit it. Sometimes journalists are overcome by hyperbole. But when we say that it was a monster of a day for Monster Beverage Corp. (NASDAQ:MNST) and Coca Cola (NYSE:KO), it is the real thing. When the two companies announced that the rumors about Coke purchasing a position in Monster were true, Monster’s share price increased more than 30% to 93.61 and stayed there for the...

Alibaba Looking for Thieves

15 Aug 2014 @ 18:47
We are only a month away from the highly anticipated IPO of China’s e-commerce giant, Alibaba, when the company says, “Open Sesame,” to anxious investors. Today, however, a cloud is forming over the company’s debut on the New York Stock Exchange as Alibaba is hunting for thieves. There may not be 40 of them, but there is real concern that there may be some. If they do...

Wal-Mart Posts Seventh Straight Decline

14 Aug 2014 @ 22:45
Retail megalith Walmart (NYSE:WMT) published its first half results today, reporting its seventh straight quarterly decline in same store sales year-on-year. Walmart share price, nonetheless, rose by 0.49% to 74.39, the neighborhood in which it has been parked since July 2012. Look at the Situation If you haven’t discovered by reading my previous columns about Wally World, I don’t...

Arrhythmia Research Technology reports 28.1% revenue growth

07 Aug 2014 @ 21:52
- Net sales increased 28.1% over second quarter 2013 to $6.3 million; Net sales were up 16.7% year to date – Gross margin in the second quarter of 2014 expanded 6.7 points to 18.1% Arrhythmia Research Technology, Inc. (NYSE:HRT), operating through its wholly-owned subsidiary, Micron Products, Inc., is a diversified manufacturer of proprietary, highly-engineered technologies, such as...
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