Author: Devin Weiss

International Rectifier (IRF) and Vishay Intertechnology (VSH) have finally settled their long-standing dispute. International Rectifier refunded $30 million in lieu of money paid by Vishay for the acquisition of its Power...

HIT’s Lithium-Ion Capacity ExpandsHitachi Ltd. (HIT), a Tokyo-based global conglomerate, is expected to supply advanced lithium-ion batteries to General Motors (GMGMQ) in 2010 for use in its gasoline hybrid-electric...

On July 1, Wednesday, Flagstone Reinsurance Holdings Limited (FSR) offered to buy IPC Holdings Ltd. (IPCR), which Flagstone said is superior to the Validus (VR) offer.Flagstone has offered 2.638 of its common shares for each IPC...

 TARP to Boost HIG’s Capital PositionHartford Financial Services (HIG) announced that it has accepted all of the $3.4 billion approved under the Federal Troubled Asset Relief Program (TARP). In return, the company...

Kinder Morgan Energy Partners, L.P. (KMP) — the largest independent owner and operator of petroleum product pipelines in the U.S. — completed its first commercial shipment of bio-diesel through its Plantation...

Hotel Metrics Down, Others Finally Catching On The second quarter of 2009 proved to be even more challenging than the first for hotel companies in the United States. And as it becomes increasingly clear that a recovery in the...

Lindsay Corporation (LNN) reported fiscal third-quarter earnings of $0.42 per share, beating our expectations of $0.34 per share and market expectations of $0.25 per share. The company has been successful in cutting personnel as...

Medical Action Industries Inc.’s(MDCI) share price has entered into oversold territory with a stochastic value of 16.86. Analysts have been raising their estimates on the Zacks #2 Rank (“Buy”) company’s...

Brush Engineered Materials Inc.’s(BW) MACD indicator has crossed over to bearish territory with a reading of -0.0340. The Zacks #4 Rank (“Sell”) stock has declined more than 5% to $15.73 in afternoon trade. The...

Verizon Wireless (VZ) has finally confirmed that Research In Motion’s (RIMM) BlackBerry Tour 9630, the highly anticipated 3G smartphone device, will hit the stores on July 12. Verizon will sell the Tour for $199.99 after a...