SAN FRANCISCO (MarketWatch) — Harman International shares jumped more than 7% to $46.69 early Wednesday after J.P. Morgan upgraded the high-end audio systems maker to overweight on increased demand for luxury cars and improved margins. The broker also raised the price target on Harman shares to $52 from $39. The stock has rallied 33% so [...]
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Harman jumps 7% on upgrade
December 1st, 2010
davidguide
Posted in Business Structures
Tags: Harman, harman international, International, international shares, jumps, market pulse, MarketWatch, Morgan, news, price target, SAN FRANCISCO, short news, Stories, upgrade, Wednesday
Comments OffPalabora appeals granting of mining right to 3rd party
November 25th, 2010
davidguide Palabora Mining said on Wednesday it had appealed the granting of a new mining right to a third party over an area it was already mining, in the latest dispute over mining rights in South Africa. ||| Palabora Mining said on Wednesday it had appealed the granting of a new mining right to a third [...]
Posted in Business Structures
Tags: anglo american, appeals, area, baddeleyite, base metals, drilling contracts, granting, investor concerns, mining, Palabora, Party, Right, South Africa, Wednesday
Comments OffFirst Franklin shares jump 80% on Cheviot takeover
October 13th, 2010
davidguide First Franklin Corp. shares jumped 80% Wednesday after Cheviot Financial Corp. said it would buy the the Blue Ash, Ohio-based parent company of The Franklin Savings and Loan Co. for $14.50 per share, or 1.85 times the October 12 closing market price of First Franklin of $7.82 per share. First Franklin Corp. expects the merger [...]
Posted in Business Structures
Tags: Ash, blue ash ohio, Cheviot, cheviot financial corp, Corp, First, first franklin corp, Franklin, Jump, loan co, market, market pulse, news, Ohio, share, Shares, Stories, takeover, Wednesday
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