Sherwin-Williams to Webcast 2012 Year-End Financial Results Conference Call

Posted on 12/14/2012 @ 12:10 PM in #Finance by Anya 0 comments

CLEVELAND, Dec. 14, 2012 (CRWENewswire)-- The Sherwin-Williams Company (NYSE:SHW) will issue a press release announcing its financial results for the fourth quarter and year ended December 31, 2012 prior to the opening of the market on Thursday, January 31, 2013. At that time, a copy of the press release and information regarding Sherwin-Williams' financial condition, operating segment results and other information will be available by clicking on this link http://investors.sherwin-williams.com/press/index.jsp, then clicking on the reference to the January 31st release. The Company will conduct a conference call to discuss its financial results for the fourth quarter and full year 2012, and its outlook for the first quarter and full year 2013, at 11:00 a.m. ET on Thursday, January 31, 2013. Participating in the call will be Sherwin-Williams' Chairman and Chief Executive Officer, Christopher M. Connor, along with other senior executives. The conference call will be webcast simultaneously in the listen only

3M Affirms 2012 EPS Expectations and Addresses 2013 Outlook

Posted on 12/12/2012 @ 8:54 AM in #Finance by Anya 0 comments

ST. PAUL, Minn.--(CRWENewswire)--On a conference call with analysts and investors, 3M (NYSE:MMM) today will affirm its 2012 earnings-per-share target of $6.27 to $6.35 and provide a roadmap for the company’s 2013 performance expectations. 3M anticipates 2013 earnings to be in the range of $6.70 to $6.95 per share with organic local-currency sales growth of 2 to 5 percent for the year. The company expects that free cash flow conversion will be in the range of 90 to 100 percent. "I look forward to another strong year for 3M,” said Inge G. Thulin, 3M chairman, president and chief executive officer. "Our unique combination of technology, manufacturing prowess and global capability – along with inherent operational excellence – will enable us to once again grow sales and profits." Today’s conference call will begin at 9:30 a.m. ET (8:30 a.m. CT). Investors can access the conference via the following: Live webcast at http://investor.3M.com Live telephone: Call 800-762-2596 within the U.S. or +1

Pernix Therapeutics to Acquire Somaxon Pharmaceuticals (SOMX) in a $25M Stock-for-Stock Transaction

Posted on 12/11/2012 @ 2:39 PM in #Finance by Anya 0 comments

SOMX, Somaxon Pharmaceuticals, Inc. Pernix Therapeutics Holdings, Inc. and SOMX reported that they have entered into a definitive merger agreement for Pernix to acquire SOMX in a stock-for-stock transaction with a total equity value of $25 million. Under the terms of the agreement, which has been unanimously approved by the boards of directors of both companies, SOMX stockholders will receive aggregate consideration equal to $25 million in Pernix common stock. SOMX is a specialty pharmaceutical company focused on the in-licensing, development and commercialization of proprietary branded products and product candidates to treat important medical conditions where there is an unmet medical need and/or high-level of patient dissatisfaction, currently in the central nervous system therapeutic area. More about SOMX at www.somaxon.com Read Full Disclaimer at http://pennyomega.com/disclaimer

Trius Therapeutics Completes Enrollment in Second Phase 3 Trial of Tedizolid for Skin and Skin Structure Infections

Posted on 12/10/2012 @ 8:35 AM in #Finance by Anya 0 comments

SAN DIEGO, Dec. 10, 2012 (CRWENewswire) -- Trius Therapeutics, Inc. (Nasdaq:TSRX), a biopharmaceutical company focused on the discovery and development of innovative antibiotics for life-threatening infections, announced today that it has reached its enrollment objective of 658 patients in the last of its two Phase 3 clinical trials of tedizolid phosphate (TR-701) for the treatment of acute bacterial skin and skin structure infections (ABSSSI). The pivotal Phase 3 trial, designated ESTABLISH 2, examines the efficacy and safety of a six-day course of tedizolid administered once a day versus a 10-day course of linezolid (Zyvox(R)) administered twice a day in patients recruited across sites in North and South America, Europe, Australia, New Zealand and South Africa. For both tedizolid phosphate and linezolid, drug was initially administered as an intravenous (IV) infusion with the option to switch to oral therapy after the initial day of therapy. "As with our ESTABLISH 1 study, ESTABLISH 2 was designed to

PNM Resources Announces 2013 Ongoing Earnings Guidance Range

Posted on 12/7/2012 @ 10:37 AM in #Finance by Anya 0 comments

Company to provide details during webcast today at 10 a.m. Eastern; 2012 guidance affirmed ALBUQUERQUE, N.M.--(CRWENewswire)--PNM Resources (NYSE:PNM) management today announced the company’s 2013 consolidated ongoing earnings guidance range of $1.32 to $1.42 per diluted share. Management will host a meeting with analysts and investors to discuss details of the guidance range and provide company updates. The meeting will be webcast live today from 10 a.m. until 1 p.m. Eastern. The presentation and live webcast will be available and archived prior to the start of the meeting on PNM Resources’ website at http://www.pnmresources.com/investors/events.cfm. Listeners are encouraged to visit the website at least 30 minutes before the event to register, download and install any necessary audio software. Also today, management affirmed the company’s 2012 consolidated ongoing earnings guidance range of $1.26 to $1.32 per diluted share. Background: PNM Resources (PNM) is an energy holding company based in Albuquerque,

Freeport-McMoRan Copper & Gold Inc. to Acquire Plains Exploration & Production Company and McMoRan Exploration Co. in Transactions Totaling $20 Billion, Creating a Premier U.S. Based Natural Resource Company

Posted on 12/5/2012 @ 11:57 AM in #Finance by Anya 0 comments

Adds High Quality U.S. Oil & Gas Resources to Global Mining Portfolio Combined Company Will Have Portfolio of Geographically Diverse, Long-lived Mining and Oil & Gas Assets with Strong Current Cash Flows and Financially Attractive Growth Profile Pro forma Company Enterprise Value of $60 Billion Accretive to FCX Operating Cash Flows PHOENIX & HOUSTON & NEW ORLEANS--(CRWENewswire)--Freeport-McMoRan Copper & Gold Inc. (NYSE:FCX), Plains Exploration & Production Company (NYSE:PXP) and McMoRan Exploration Co. (NYSE:MMR) announced today that they have signed definitive merger agreements under which FCX will acquire PXP for approximately $6.9 billion in cash and stock and FCX will acquire MMR for approximately $3.4 billion in cash, or $2.1 billion net of 36 percent of the MMR interests currently owned by FCX and PXP. Upon closing, MMR shareholders will also receive a distribution of units in a royalty trust which will hold a 5 percent overriding royalty interest on future production in MMR’s existing

China XD Plastics Announces Outcome of 2012 Annual Shareholders Meeting

Posted on 12/4/2012 @ 11:35 AM in #Finance by Anya 0 comments

HARBIN, China, Dec. 4, 2012 (CRWENewswire) -- China XD Plastics Company Limited (NASDAQ:CXDC, "China XD Plastics" or the "Company"), one of China's leading company engaged in the development, manufacture and sale of modified plastics primarily for automotive applications, today announced that the Company's shareholders voted upon all the proposals as recommended by the board at the 2012 annual shareholders meeting held in HARBIN, China on December 3, 2012. The following two proposals were approved by the Company's shareholders at the 2012 annual shareholders meeting: 1. Elect a total of eight (8) directors to the Board of Directors of the Company, including two (2) directors elected solely by the holders of the Company's Series D Preferred Stock (the "Series D Directors"), to serve until the next annual meeting of stockholders and until their successors are duly elected and qualified. 2. Ratify the appointment of KPMG as the Company's independent auditor for the fiscal year ending December 31, 2012. About

Superior Venture Corp. Raises Film Development Financing to Launch Venture in China -- the World's Fastest Growing Film Market

Posted on 11/30/2012 @ 1:42 PM in #Finance by Anya 0 comments

International Film Company Has Developed a Funding Mechanism Through Its Wholly Owned Subsidiary, Ilustrato Pictures to Launch Chinese Film Development Co-Productions With a Unique Repatriation and Box Office Model LONDON, England, Nov. 30, 2012 (CRWENewswire) Superior Venture Corp. ("Superior" or "the Company") (OTCQB:SVEN) has developed a funding mechanism through its wholly owned subsidiary, Ilustrato Pictures ("Ilustrato"), to launch Chinese film development co-productions with a unique repatriation and box office model. "Through our subsidiary, Ilustrato Pictures Limited, Superior Venture Corp. has created a new and ingenious model to enter the rapid growth Chinese movie market", states Brian Hammond, President and CEO of Superior Venture Corp. and co-founder of Ilustrato. "We have found that there is a real need in China for co-creating films from the ground up to satisfy both the Chinese domestic and international markets. After developing relationships and discussions with Chinese Production companies

EMCOR Group, Inc. Subsidiary Awarded Restoration of Rocket Test Stand by NASA at John C. Stennis Space Center

Posted on 11/28/2012 @ 12:33 PM in #Finance by Anya 0 comments

NORWALK, Conn.--(CRWENewswire)--EMCOR Group, Inc. (NYSE:EME), a Fortune 500® leader in mechanical and electrical construction, energy infrastructure, and facilities services for a diverse range of businesses announced that its subsidiary Harry Pepper & Associates has been awarded by NASA a Task Order under a previously awarded Indefinite Delivery Indefinite Quantity Contract. The Task Order is for restoration of the B2 Rocket Test Stand at the John C. Stennis Space Center in Hancock County, Mississippi. Harry Pepper & Associates (HPA) will be responsible for all repairs and alterations necessary to restore the original functionality of the B-2 Rocket Engine Test Stand. Scope of work includes demolishing one of the major levels/decks of the Test Stand, reconstructing it with stainless steel structural framing and deck plate, and restoring its various areas of fixed deck by replacing the carbon steel, galvanized grating, and structural steel. Additionally, scope of work includes demolishing and replacing

U.S. Cellular (USM) to Sell Select Midwest Markets to Sprint for $480M

Posted on 11/7/2012 @ 11:26 AM in #Finance by Anya 0 comments

USM, United States Cellular Corp. USM reported strategic actions designed to increase focus on markets where it has strong positions and streamline operations to increase overall efficiency and effectiveness. USM has reached a definitive agreement to sell its Chicago, St. Louis, central Illinois and three other Midwest markets to subsidiaries of Sprint Nextel Corporation for $480 million. The sale includes PCS spectrum and approximately 585,000 customers, or about 10 percent of USM's total customer base. USM also said that it will transition its Bolingbrook Customer Care Center operations to an existing vendor partner, effective Jan. 1, 2013. USM provides a comprehensive range of wireless products and services, excellent customer support, and a high-quality network to approximately 5.8 million customers in 26 states. More about USM at www.uscellular.com Read Full Disclaimer at http://stockbling.com/disclaimer

Jive Software (JIVE) Q3 2012 Results, Strong Y-O-Y Quarterly Billings Growth

Posted on 11/6/2012 @ 1:13 PM in #Finance by Anya 2 comments

JIVE, Jive Software, Inc. For the third quarter 2012, JIVE posted total revenue of $28.9 million, a 39% increase year over year, and total billings, which JIVE defines as revenue plus the change in total deferred revenue, were a record $38.9 million, a 47% increase compared to the same period the prior year. JIVE is a leading global social business company. JIVE brings social technology innovations from the consumer world into enterprises securely and at scale, changing the way work gets done. More about JIVE at www.jivesoftware.com Read Full Disclaimer at http://stockbling.com/disclaimer

Quiksilver Upgraded to Buy by Stifel Nicolaus (ZQK, ENZ)

Posted on 11/5/2012 @ 2:17 PM in #Finance by Anya 0 comments

ENZ, Enzo Biochem Inc. ENZ reported that it was awarded $48.6 million after a federal jury said Life Technologies Corp.'s Applera unit infringed a patent over a way to detect genetic sequences and diagnose human diseases such as cancer. The federal jury in New Haven, Connecticut, rejected Applera’s claims that the patent was invalid. The jury also found that Life Technologies’ sequencing instruments induced its customers to infringe ENZ’s patent No. 5,449,767. The sales of such instruments are estimated to be $770 million. ENZ will ask for interest that could add tens of millions of dollars to the final damage award. The suit was first filed in 2004 by New York-based Enzo and Yale University. They were demanding royalties on Life’s genetic research and screening. The trial focused on Applera’s dRhodamine and BigDye Terminator products used to sequence DNA. The patent, issued in 1995, has since expired. According to ENZ, the verdict could help it resolve cases it filed against other companies including

AVG Technologies (AVG) Q3 2012 Financial Results, Well Exceeded Its Expectations

Posted on 11/1/2012 @ 10:11 AM in #Finance by Anya 1 comments

AVG, AVG Technologies N.V. For the third quarter 2012, AVG posted revenue of $95.3 million, a 34% increase year over year, and net income of $19.0 million, or $0.35 per diluted ordinary share, based on 54.7 million weighted-average diluted shares outstanding, compared to $6.7 million, or $0.09 per diluted share, and 39.1 million weighted-average diluted shares outstanding, in the same period the prior year. AVG is providing the following financial outlook for the fourth quarter of 2012: - Revenue is expected to be in the range of $94.0 million to $98.0 million. - Net income is expected to be in the range of $9.0 million to $10.0 million; diluted EPS is expected to be in the range of $0.16 to $0.18. - Non-GAAP adjusted net income is expected to be in the range of $14.0 million to $15.0 million; non-GAAP diluted EPS is expected to be in the range of $0.25 to $0.27. AVG's mission is to simplify, optimize and secure the Internet experience, providing peace of mind to a connected world. AVG's powerful yet

Riverbed Technology (RVBD) to Acquire OPNET Technologies (OPNT) for $43 Per Share in Cash and Stock

Posted on 10/31/2012 @ 8:10 AM in #Finance by Anya 0 comments

RVBD, Riverbed Technology, Inc. OPNT, OPNET Technologies Inc. RVBD and OPNT reported that RVBD as entered into a definitive agreement to acquire OPNT for $43 per share in cash and stock, representing an equity value of $1 billion and an enterprise value of $921 million. The acquisition will enable RVBD to extend its network performance management (NPM) business into the multi-billion dollar application performance management (APM) market. The combination of Cascade(R) and OPNT will create a new force in the converged market for NPM and APM, with over $250 million in annualized revenue. RVBD provides solutions to the fundamental problems associated with information technology performance across wide area networks (WANs) in the United States and internationally. More about RVBD at www.riverbed.com OPNT is the leading provider of solutions for application and network performance management. More about OPNT at www.opnet.com. Read Full Disclaimer at http://stockbling.com/disclaimer

US Ecology (ECOL) Posted Record Q3 2012 Results, It Raised FY2012 Guidance

Posted on 10/30/2012 @ 10:19 AM in #Finance by Anya 0 comments

ECOL, US Ecology, Inc. ECOL rported that it net income for the third quarter of 2012 was $8.7 million, or $0.47 per diluted share. Adjusted earnings per diluted share grew 33% to $0.44 for the third quarter of 2012. This compares to $3.7 million of net income for the third quarter of 2011, or $0.20 per diluted share, and adjusted earnings per diluted share of $0.33. Operating income for the third quarter of 2012 grew to a record $12.4 million, up 30% from $9.6 million in the third quarter of 2011. According to its 2012 update ando outlook, ECOL adjusted EBITDA is now expected to range between $55 and $57 million, up from $48 to $52 million, and earnings per share is expected to range from $1.30 to $1.35 per diluted share, up from the previous guidance of $1.05 to $1.15 per share. ECOL, through its subsidiaries, provides radioactive, hazardous, PCB and non-hazardous industrial waste management and recycling services to commercial and government entities, such as refineries and chemical production

(CRWE, CHKE, SRCE, LCUT) StockBling.com Stock Report

Posted on 10/26/2012 @ 10:15 AM in #Finance by Anya 0 comments

Cherokee Inc. (NASDAQ:CHKE), a global brand management company, reported that its Board of Directors approved the distribution of a quarterly dividend of $0.10 per common share to stockholders of record as of December 1, 2012. The dividend will be payable on or about December 15, 2012. As a rule, the more people your business serves, the most cost-efficient internet advertising can be. Internet advertising can also be more targeted than some traditional media, ensuring that your messages are seen by the most relevant audiences. Crown Equity Holdings Inc., (CRWE) offers advertising branding and marketing services as a worldwide online multi-media publisher with its digital network of websites and focuses on the distribution of information for the purpose of bringing together a targeted audience and the advertisers that want to reach them. CRWE’s advertising services cover and connect a range of marketing specialties, as well as provide search engine optimization for clients interested in online media

(LYTS, WRES, FCLF, CRWE) StockBling.com Stock Market Updates

Posted on 10/24/2012 @ 2:39 PM in #Finance by Anya 0 comments

LSI Industries Inc. (Nasdaq:LYTS) will be presenting at the Singular Research seventh annual "Best of the Uncovereds" Conference on Thursday, November 1st in Los Angeles. Robert J. Ready (Chairman and Chief Executive Officer) and Ronald S. Stowell (Vice President, Chief Financial Officer and Treasurer) of the LSI Industries are scheduled to present at 1:00 p.m. Eastern (10:00 a.m. Pacific). During the remainder of the day, LSI management will meet with investors during a series of one-on-one breakout meetings. Interested parties should contact Bill Jones at Singular Research (267-987-2082) to schedule a meeting. The conference is being held at the Luxe Sunset Boulevard Hotel in Los Angeles. Global companies, small local businesses, anybody and everybody can increase their product sales and profits by online advertising.. Crown Equity Holdings Inc., (CRWE) offers advertising branding and marketing services as a worldwide online multi-media publisher with its digital network of websites and focuses on the

(CRWE, TST, SMED, ZEUS) StockBling.com Stock News

Posted on 10/24/2012 @ 11:22 AM in #Finance by Anya 0 comments

TheStreet, Inc. (Nasdaq:TST), a leading digital financial media company, will announce its financial results for the third quarter ended September 30, 2012, on Thursday, November 8th, 2012, at 4:30 PM ET. When you advertise your business with video marketing you will be able to convey your image of your business by talking to them and visually showing them. Crown Equity Holdings Inc., (CRWE) recenly launched CRWE Tube, www.crwetube.com, a video sharing site that allows billions of people around the world to upload, watch and share original videos. Restricting your marketing to just written text vastly limits your audience; video marketing should be seen as another mode of online communication to reach potential customers. CRWE offers advertising branding and marketing services as a worldwide online multi-media publisher with its digital network of websites and focuses on the distribution of information for the purpose of bringing together a targeted audience and the advertisers that want to reach them.

(MIC, CRWE, LRE, VCBI) StockBling.com Stock Highlights

Posted on 10/22/2012 @ 1:07 PM in #Finance by Anya 0 comments

Macquarie Infrastructure Company (NYSE:MIC) will release its financial results for the third quarter of 2012 after the close of market trading on Wednesday, October 31, 2012. MIC has scheduled a conference call and webcast for analysts and investors at 8:00 a.m. Eastern Time on Thursday, November 1, 2012, during which management will discuss the results. The conference call/webcast will be followed by a question and answer session. Crown Equity Holdings Inc., (CRWE) offers advertising branding and marketing services as a worldwide online multi-media publisher with its digital network of websites and focuses on the distribution of information for the purpose of bringing together a targeted audience and the advertisers that want to reach them. The Internet is a big door to reach every nation world wide, it is a great potential for a bigger market. Open to wide range of age groups, various races and different cultures. CRWE’s advertising services cover and connect a range of marketing specialties, as well

(CRWE, TST, SMED, ZEUS) StockBling.com Stock Market Highlights

Posted on 10/22/2012 @ 11:52 AM in #Finance by Anya 0 comments

TheStreet, Inc. (Nasdaq:TST), a leading digital financial media company, will announce its financial results for the third quarter ended September 30, 2012, on Thursday, November 8th, 2012, at 4:30 PM ET. When you advertise your business with video marketing you will be able to convey your image of your business by talking to them and visually showing them. Crown Equity Holdings Inc., (CRWE) recenly launched CRWE Tube, www.crwetube.com, a video sharing site that allows billions of people around the world to upload, watch and share original videos. Restricting your marketing to just written text vastly limits your audience; video marketing should be seen as another mode of online communication to reach potential customers. CRWE offers advertising branding and marketing services as a worldwide online multi-media publisher with its digital network of websites and focuses on the distribution of information for the purpose of bringing together a targeted audience and the advertisers that want to reach them.