Showing posts with label Coleman Cable. Show all posts
Showing posts with label Coleman Cable. Show all posts

Monday, May 9, 2011

Big Movers (CCIX) (SXL) (VIV) (RP) (GRA) on May 6

Among the big, positive movers on Friday, May 6, were Coleman Cable (CCIX), Sunoco Logistics (SXL), Vivo Participacoes (VIV), Realpage (RP) and W.R. Grace & Company (GRA).

Coleman Cable (CCIX) jumped $1.50, to close at $11.37, a gain of 15.20 percent.

Sunoco Logistics (SXL) was up $1.49 on the day to close at $86.99, a gain of 1.74 percent.

Vivo Participacoes (VIV) climbed $1.47 to close at $40.02, a gain of 3.81 percent.

Realpage (RP) rose $1.46 to close the session at $30.92, a gain of 4.96 percent.

W.R. Grace & Company (GRA) was up $1.45 to end the day at $43.83, a gain of 3.42 percent.

Top NASDAQ Gainers (SYMX) (SAPE) (CCIX) (TACT) (IMMR) #6-10 on May 6

The top NASDAQ gainers (6-10) - as measured by percentages Friday on the Exchange - include Synthesis Energy Sys, Inc. (NASDAQ:SYMX), Sapient Corporation (NASDAQ:CCIX), Coleman Cable, Inc. (NASDAQ:ACHN), Transact Technologies, Inc. (NASDAQ:TACT) and Immersion Corporation (NASDAQ:IMMR).

Synthesis Energy Sys, Inc. (SYMX) closed Friday at $3.44, up $0.46, or 15.44 percent.

Sapient Corporation (CCIX) ended the day at $11.37, up $1.82, or 15.20 percent.

Coleman Cable, Inc. (ACHN) closed at $5.68, gaining $1.50, or 15.20 percent.

Transact Technologies, Inc. (TACT) closed at $13.03, rising $1.66, or 14.60 percent.

Immersion Corporation (IMMR) closed Friday at $8.02, climbing $0.91, or 12.80 percent.

Thursday, January 20, 2011

Coleman Cable's (NASDAQ:CCIX) Bid for Technology Research (Nasdaq:TRCI) May Go Through This Time

After several tries, it appear Coleman Cable (NASDAQ:CCIX) may get a chance to finally acquire Technology Research (Nasdaq:TRCI), after being rebuffed a number of times.

FBR says, "Yesterday afternoon, Coleman Cable announced that it has made a offer to acquire Technology Research Corporation (Nasdaq: TRCI)(Not rated) for $5.50 per share...The company had tried to engage TRCI in a transaction several times before, only resulting in TRCI putting a Poison Pill in place to block the transaction. However, yesterday, TRC notified CCIX that its Board is now considering the bid and expects to respond to the offer by this Friday, January 21, 2011...Target in line with CCIX's acquisition strategy...Valuation remains attractive - CCIX currently trades at 5.1x estimated 2011 EV/EBITDA, which is a discount to the peer group average of approximately 7x."

FBR Capital reiterates an "Outperform" rating on Coleman Cable (CCIX), which closed Wednesday at $6.29, dropping $0.36, or 5.41 percent.