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Zacks.com

GD Gets $40M Order for Saudi Tanks - Analyst Blog

General Dynamics Corporation 's ( GD ) subsidiary General Dynamics Land Systems has entered into a $40 million agreement with the U.S. Army TACOM Life Cycle Management Command. The deal comes under the U.S. Foreign Military Sales contract to offer defense support to the Kingdom of Saudi Arabia. Per the... Read >>

GuruFocus

Daniel Loeb Beats the Market with Yahoo, Japan and Cheniere Energy

In a difficult quarter for hedge funds, and rather pleasant one for the S&P 500, Daniel Loeb bested the market with a 13.3% in his Ultra Fund in the first three months of the year, according to CNBC. By comparison, the S&P returned 10%, and the average hedge fund eked out just 3.13%. Loeb, the leader... Read >>

Investor's Business Daily

Gold Price Bubble Bursting: Societe Generale

Investors hammered gold and silver prices to their lowest levels in nearly a year Wednesday even as the dollar weakened and a South African mining company was forced to halt operations owing to a labor strike. Traders fled in droves this week after Societe Generale released a report contending the gold... Read >>

SeekingAlpha

Malta: Not Another Weak Link, Not A Tax Haven

ByBank of Valletta: By Mario Mallia As the Chief Officer of Risk for Bank of Valletta, I would like to refer to the article Malta : Another Weak Link In The European Chain Of Tax Havens?, posted on 2nd April 2013 by The Motley Monetarist . The article tries to make a comparison between the Maltese... Read >>

Zacks.com

Court Rules Against AstraZeneca - Analyst Blog

Recently, United States District Court for the District of New Jersey dealt a blow to AstraZeneca ( AZN ) when it ruled that a patent (6,598,603) protecting Pulmicort Respules (budesonide inhalation suspension) in the US is invalid. Additionally the court also ruled that the generic companies involved... Read >>

Zacks.com

DISH to Raise $1B for Wireless - Analyst Blog

In to implement its wireless deployment plan, DISH Network ( DISH ) -- the second largest satellite TV operator after DIRECTV ( DTV ), plans to raise nearly $1 billion through its subsidiary DISH DBS Corp. The amount will be raised by issuing senior notes. Fitch has rated BB- to the company's recent... Read >>

Zacks.com

Equinix Opens New Data Center - Analyst Blog

Recently, Equinix Inc. ( EQIX ) and Mapletree Industrial Trust, a real estate company, inked an agreement to construct the third international business exchange (IBX) for the former in Singapore. The new data center will enable the extension of the Equinix platform, which will help cater to the growing... Read >>

Zacks.com

ALLETE Concludes Midstream Work - Analyst Blog

ALLETE Inc. 's ( ALE ) business ancillary Minnesota Power concluded installation work on a handful of midstream and electric infrastructure assets in Nashwauk County, Minn. These include new substations and transmission lines that will meet the lofty power demands of Essar Steel Minnesota's taconite mine... Read >>

Zacks.com

DUK, PUCO Settle Rate Hike Case - Analyst Blog

Duke Energy Ohio, a unit of Duke Energy Corporation ( DUK ), has reached a settlement with the Staffs of the Public Utilities Commission of Ohio ("PUCO") over its Jun 2012 request to hike its rates. Under the latest agreement, the annual increment in revenue for the Cincinnati-based utility is $49... Read >>

Zacks.com

Arris Continues Product Upgrade - Analyst Blog

Yesterday,  Arris Group Inc. ( ARRS ) declared that all its C4 cable modem termination system (CMTS), which are deployed by Comcast Corp. ( CMCSA ) are now IPv6 compatible. It was crucial for Comcast to deliver uninterrupted IP-based services as the existing IPv4 address space is quickly approaching... Read >>