Archive for July, 2012
Maxim Group Reiterates BUY Rating on American Superconductor Corporation (NASDAQ: AMSC)
New York, July 31 (ShareMarketsNews.com) – Analysts at Maxim Group reiterate BUY ratings on the shares of American Superconductor Corporation (NASDAQ: AMSC). The 12-month target price is set to $7.0. In a research note published yesterday, the analysts mention that revenues remains the critical factor due to the essential need to surpass fixed costs in [...]
JP Morgan Downgrades Dendreon (NASDAQ: DNDN) from OVERWEIGHT to NEUTRAL
New York, July 31 (ShareMarketsNews.com) – Analysts at JP Morgan downgrade their ratings on Dendreon (NASDAQ: DNDN) from OVERWEIGHT to NEUTRAL. The 12-month target price has been reduced from $15 to $16. In a research note published today, the analysts mention that DNDN has been downgraded on the basis of company’s 2Q report and restructuring [...]
Mednax Inc (NYSE: MD) Acquires Loudon Anesthesia Associates
New York, July 31 (ShareMarketsNews.com) – Mednax Inc (NYSE: MD) has announced that they have planned to acquire Loudon Anesthesia Associates, which is a physician group practice and provides anesthesia services at Inova Loudon Hospital and Inova Loudon Ambulatory Surgery Center in Leesburg, VA. Loudon Anesthesia Associates was founded in 1994 and comprises 12 anesthesiologists [...]
Astronics Corporation (NASDAQ: ATRO) Acquires Max Viz Inc for $10 million
New York, July 31 (ShareMarketsNews.com) – Max-Viz Inc has been acquired by Astronics Corporation (NASDAQ: ATRO) Max-Viz Inc is a privately held company and is a market leading developer and designer of Enhanced Vision Systems for fixed and rotary wing aircraft through OEM and after market channels both in general aviation, commercial and military aerospace [...]
Axiom Capital Research Initiates SELL Rating on United States Steel Corporation (NYSE: X)
New York, July 31 (ShareMarketsNews.com) – Analysts at Axiom Capital Research initiate SELL ratings on the shares of United States Steel Corporation (NYSE: X). The 12-month target price is set to $10. In a research note published today, the analysts mention that due to flat Rolled division accounting for 70 percent of X’s 2011 EBIT [...]
JP Morgan Downgrades Graphic Packaging (NYSE: GPK) from OVERWEIGHT to NEUTRAL
New York, July 31 (ShareMarketsNews.com) – Analysts at JP Morgan downgrade their ratings on the shares of Graphic Packaging (NYSE: GPK) from OVERWEIGHT to NEUTRAL. The 12-month target price is set to $6. In a research note published yesterday, the analysts mention that GPK’s long term story is continued to be liked, which is based [...]
Chrysler Reports Profit of $436 Million in Second-Quarter
New York, July 31 (ShareMarketsNews.com) – The automaker controlled by Fiat SpA (F), Chrysler Group LLC has posted net income of $436 million for the second quarter. The sales of the Auburn Hills, Michigan-based company increased 23 percent to $16.8 billion. The sales for the passenger cars in US increased 42 percent. The company has [...]
