AMD to Acquire SeaMicro: Accelerates Disruptive Server Strategy
SeaMicro's Low-Power, High-Bandwidth Microserver Solutions Set the Stage for AMD's Disruptive Approach to Lead Fast-Growing Cloud Data Center Market
Arthur Hill: COAL, METALS AND STEEL ETFS SHOW RELATIVE WEAKNESS — DOLLAR FORMS BULLISH ENGULFING AT KEY RETRACEMENT — GOLD FAILS TO HOLD FLAG BREAKOUT — 7-10 YEAR T-BOND ETF FAILS AT RESISTANCE — EUROPEAN FINANCE SECTOR HITS RESISTANCE
[[http://stockcharts.com/members/videos/|Link for today’s video.]] Signs of weakness are showing up in key parts of the materials sector. The **Coal Vectors ETF (KOL), Metals & Mining SPDR (XME)**...Presidio Acquires BlueWater Communications and Welcomes Bob Cagnazzi as Chief Executive Officer
GREENBELT, MD--(Marketwire - Feb 29, 2012) - Presidio, Inc., a leading provider of professional and managed services for advanced IT solutions, announced today that it has acquired BlueWater Communications LLC, a provider of high-performance, holistic IT infrastructure solutions to growing companies. The senior executive team at Presidio also welcomed industry veteran Bob Cagnazzi, CEO of BlueWater, as the new Chief Executive Officer of Presidio, Inc. effective immediately. Presidio is owned by American Securities LLC and management.
League Now Holdings Signs Letter of Intent to Acquire IDK Health
PLANO, TX--(Marketwire - Feb 29, 2012) - League Now Holdings Corp (
ALTOUR to Acquire Passageways Travel
NEW YORK, NY--(Marketwire - Feb 29, 2012) - ALTOUR, the global leader in travel and travel services, announced today that it has signed a binding letter of Intent (LOI) to purchase a majority interest in Passageways Travel: one of Michigan's premier travel agencies.
Marine Exploration Signs Letter of Intent to Acquire Isabel Villas Golf and Country Club and Marina, Inc.
CORAL GABLES, FL--(Marketwire - Feb 29, 2012) - Marine Exploration, Inc. (
TECO ENERGY (TE) – Profit Tracks
Since inception in 1988, the S&P 500 has outperformed the Zacks #5 Rank List - Stocks to Sell Now by 80% annually (+2% versus +10%). While the rest of Wall Street continued to tout stocks during the market declines of the last few years, Zacks told investors which stocks to sell or avoid.Here is a synopsis of why GAS and TE have a Zacks Rank of #5 (Strong Sell) and should most likely be sold or avoided for the next one to three months. Note that a #5 Strong Sell rating is applied to 5% of all the stocks in the Zacks Rank universe:
AGL Resources Inc. (GAS) announced fourth-quarter profit of 87 cents per share on February 22 that missed analysts? expectations by 5.43%. The Zacks Consensus Estimate for the current year slid to $2.87 per share from $3.05 per share in the last 30 days as next year?s estimate dipped 10 cents per share to $3.13 per share in that time span.
TECO Energy, Inc. (TE) posted a fourth-quarter profit of 25 cents per share on February 2, which came in 3 cents wider than the average forecast. The Zacks Consensus Estimate for the full year fell to $1.34 per share from $1.39 per share over the past month. For 2013, analysts expect a profit of $1.42 per share, compared to last month?s projection for a profit of $1.46 per share.
Here is a synopsis of why ATI and CLF have a Zacks Rank of 4 (Sell) and should also most likely be sold or avoided for the next one to three months. Note that a #4 Sell rating is applied to 15% of all the stocks ranked by Zacks;
Allegheny Technologies Incorporated?s (ATI) fourth-quarter profit of 31 cents per share, posted on January 25, lagged analysts? projections by 42.59%. Estimate for current year slid 10 cents per share to $2.84 per share over a month as next year?s estimate dipped 1 cent per share to $4.12 per share in that time span.
Cliffs Natural Resources Inc (CLF) reported a fourth-quarter profit of $1.42 per share on February 15 that fell 7.79% short of the Zacks Consensus Estimate. The full-year average forecast is currently $9.61 per share, compared with last month?s projection of $10.38 per share. Next year?s forecast dropped to $11.72 per share from $12.44 per share in the same period.
ALLEGHENY TECH (ATI): Free Stock Analysis Report
CLIFFS NATURAL (CLF): Free Stock Analysis Report
AGL RESOURCES (GAS): Free Stock Analysis Report
TECO ENERGY (TE): Free Stock Analysis Report
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First California Announces Branch Realignment Initiative
Company Signs Definitive Merger Agreement With Premier Service Bank
First California Financial Group and Premier Service Bank Sign Definitive Merger Agreement
WESTLAKE VILLAGE, CA and RIVERSIDE, CA--(Marketwire - Feb 28, 2012) - First California Financial Group, Inc. (