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General Electric to Pay 50 Million Euros After Failing to Create Jobs Promised in Alstom Energy Acquisition

General Electric (GE) will put 50 million euros ($57.1 million) into a publicly monitored bank after the number of jobs it added after acquiring Alstom’s energy division three years ago fell short of promises, the French Ministry for the Economy and Finance said in a statement Tuesday. Bruno Le Maire, […]

Aeropostale (NYSE:ARO) Hit a 52-week Low – Investors are Not Impressed

Aeropostale (NYSE:ARO) Hit a 52-week Low – Investors are Not Impressed

Things do not look good for Aeropostale (NYSE:ARO) because of the lack of confidence its investors are showing in the accessories and apparel retailer. Aeropostale (NYSE:ARO) is a specialty retailer that sells accessories and casual apparel in mall-based shops. The main target audience for the company falls in the 14 […]

Is Spruce Point Capital about to come in the way of Ametek Inc (NYSE:AME)?

Is Spruce Point Capital about to come in the way of Ametek Inc (NYSE:AME)?

Although the firm’s manager, Ben Axler didn’t spill the beans yesterday, we have 2 reasons that make us come to the conclusion that something big is about to happen which sadly will be disadvantageous for Ametek Inc (NYSE:AME). Spruce Point Capital Management, LLC is a New York based investment manager […]

Glimcher Realty Trust (NYSE:GRT) Up on Acquisition Annoucement

Glimcher Realty Trust (NYSE:GRT) Up on Acquisition Annoucement

A 34 percent premium was offered for Glimcher Realty Trust (NYSE:GRT) by the Washington Prime Group Inc, a real estate investment trust based in Maryland.  The deal is valued at $4.3B.  The new company name will be WP Gilmcher, marrying the two merging companies. Their new office location will be at: […]

Hot Stocks: Amira Nature Foods, Exterran Partners, L.P.

Hot Stocks: Amira Nature Foods, Exterran Partners, L.P.

Amira Nature Foods Ltd (NYSE:ANFI) misses by $0.06, beats on revs; raises FY14 revs in-line; raises FY14 EBITDA guidance. Amira Nature Foods Ltd (NYSE:ANFI) posted Q3 (Dec) earnings of $0.22 per share, $0.06 worse than the Capital IQ Consensus Estimate of $0.28; revenues rose 25.1% year over year to $142.5 […]

Watch List: Silver Bull Resources Inc, ZaZa Energy Corp

Watch List: Silver Bull Resources Inc, ZaZa Energy Corp

Silver Bull Resources Inc (NYSEMKT:SVBL) receives water permits for Flagship Sierra Mojada silver-zinc project, Coahuila, Mexico. Company announces it has been granted water permits to access water of up to 3,500,000 cubic meters per annum for use on its Sierra Mojada Project in Coahuila, Mexico. The National Water Commission of […]

Stocks to Watch: First Security Group Inc (NASDAQ:FSGI), Core-Mark Holding Company, Inc. (NASDAQ:CORE)

Stocks to Watch: First Security Group Inc (NASDAQ:FSGI), Core-Mark Holding Company, Inc. (NASDAQ:CORE)

First Security Group Inc (NASDAQ:FSGI) posted fourth quarter loss of ($0.01) versus a loss of ($9.90); total interest income surged 1.0% to $8.15 million. Company reported net income available to common shareholders for 2013 of $11.4 million, as compared to a loss of $39.6 million for 2012. For fourth quarter […]

SINA Corp (NASDAQ:SINA) is Planning US initial public offering

SINA Corp (NASDAQ:SINA) is Planning US initial public offering

Chinese company SINA Corp (NASDAQ:SINA) is planning to follow-up its Twitter (TWTR)-like microblog service, Weibo, in a US initial public offering (IPO) to raise US$500 million, according to a person with knowledge of the deal said on Tuesday. The person, who revealed this information, wasn’t authorised to speak publicly about […]

Overbought Stocks: IKONICS Corporation (NASDAQ:IKNX), Texas Pacific (NYSE:TPL), Forest Laboratories (NYSE:FRX), NCI Inc (NASDAQ:NCIT)

Overbought Stocks: IKONICS Corporation (NASDAQ:IKNX), Texas Pacific (NYSE:TPL), Forest Laboratories (NYSE:FRX), NCI Inc (NASDAQ:NCIT)

IKONICS Corporation (NASDAQ:IKNX) is engaged in the development, manufacture and selling of photosensitive liquids (emulsions) and films for the screen printing and awards and recognition industries. IKONICS’s Micro-Machining business unit uses its patent applied for photoresist film for the abrasive etching of silicon wafers, glass wafers, industrial ceramics and composite […]

Stock Touching New Lows: Avid Technology (NASDAQ:AVID), Alphatec Holdings (NASDAQ:ATEC), Gladstone Land (NASDAQ:LAND), Earthlink Holdings (NASDAQ:ELNK)

Stock Touching New Lows: Avid Technology (NASDAQ:AVID), Alphatec Holdings (NASDAQ:ATEC), Gladstone Land (NASDAQ:LAND), Earthlink Holdings (NASDAQ:ELNK)

AVID Technology Inc. (NASDAQ:AVID) is working with students at Newcastle High School as part of the Engineering Education Scheme (EES), on a six-month science, technology, engineering and mathematics (STEM) project. On last trading day Avid Technology, Inc. (NASDAQ:AVID) ended up -28.76% lower to close at $4.93 while trading in the […]