http://www.transworldnews.com TransWorldNews Bringing Your News to the World Copyright TransWorldNews, Inc. RSSEngine 1.0.0.3 Wed, 19 Jun 2013 17:13:42 GMT 15 http://www.transworldnews.com/images/twn_logo.gif http://www.transworldnews.com Rio Tinto plc (ADR) (NYSE:RIO) fell 1.01% to $70.25. Rio Tinto plc and Riversdale Mining Ltd announced that they have entered into a Bid Implementation Agreement (BIA) for a cash offer (the Offer) by Rio Tinto to acquire all of the issued and outstanding shares of Riversdale by way of a recommended off-market takeover offer. The Offer price of AUD16 per share values Riversdale at approximately AUD3.9 billion. In the past one month of trading sessions, the stock jumped more than 8%. Micron T ... http://www.transworldnews.com/NewsStory.aspx?storyid=657577 http://www.transworldnews.com/NewsStory.aspx?storyid=657577 Fri, 24 Dec 2010 13:47:05 GMT Darden Restaurants, Inc. (NYSE:DRI) fell 6.48% to $47.16. The company announced that the Companys Board of Directors declared a quarterly dividend of $0.32 per share on the Companys outstanding common stock. The dividend is payable on February ... http://www.transworldnews.com/NewsStory.aspx?storyid=655912 http://www.transworldnews.com/NewsStory.aspx?storyid=655912 Wed, 22 Dec 2010 17:48:78 GMT NIKE, Inc. (NYSE:NKE) fell 5.54% to $87.19. Yesterday, the company posted earnings of $457 million, or 94 cents a share, up from $375 million, or 76 cents a share, in the year-earlier period. Revenue rose to $4.84 billion from $4.41 billion in th ... http://www.transworldnews.com/NewsStory.aspx?storyid=655909 http://www.transworldnews.com/NewsStory.aspx?storyid=655909 Wed, 22 Dec 2010 17:46:53 GMT eBay Inc. (NASDAQ:EBAY) fell 0.47% to $29.68. The company announced it has reached a definitive agreement to acquire all of the shares of brands4friends, Germanys online shopping club for fashion and lifestyle, for cash at a transaction value of ... http://www.transworldnews.com/NewsStory.aspx?storyid=653996 http://www.transworldnews.com/NewsStory.aspx?storyid=653996 Mon, 20 Dec 2010 17:48:00 GMT MetroPCS Communications, Inc. (NYSE:PCS) fell 2.60% to $11.97. Mizuho Securities upgraded MetroPCS to a Buy rating from its previous rating of Underperform. The firm is also raising its price target on the company to $15.50 from $9.50. The stoc ... http://www.transworldnews.com/NewsStory.aspx?storyid=649015 http://www.transworldnews.com/NewsStory.aspx?storyid=649015 Fri, 17 Dec 2010 17:29:98 GMT Steel Dynamics, Inc. (NASDAQ:STLD) surged 1.99% to $17.39. The company announced that its board of directors has declared a quarterly cash dividend of $0.075 per common share, payable on or about January 14, 2011, to shareholders of record at the ... http://www.transworldnews.com/NewsStory.aspx?storyid=648460 http://www.transworldnews.com/NewsStory.aspx?storyid=648460 Thu, 16 Dec 2010 16:51:76 GMT International Coal Group, Inc. (NYSE:ICO) surged 2.96% to $7.30. The company announced the pricing of a registered underwritten offering of 12,268,700 and 22,577,800 shares of the Company's common stock by affiliates of each of WL Ross & Co. and ... http://www.transworldnews.com/NewsStory.aspx?storyid=647455 http://www.transworldnews.com/NewsStory.aspx?storyid=647455 Wed, 15 Dec 2010 17:22:97 GMT YM BioSciences Inc. (USA) (AMEX:YMI) plunged 7.26% to $1.66. The company announced that it has priced an underwritten public offering of 25,000,000 common shares at a price to the public of $1.60 per share. The Company expects that the offering w ... http://www.transworldnews.com/NewsStory.aspx?storyid=646988 http://www.transworldnews.com/NewsStory.aspx?storyid=646988 Tue, 14 Dec 2010 18:38:05 GMT Cisco Systems, Inc. (NASDAQ:CSCO) added 0.60% to $19.82. The company announced it has completed its acquisition of privately held LineSider Technologies, Inc., a provider of network management software that helps customers build the network servi ... http://www.transworldnews.com/NewsStory.aspx?storyid=646640 http://www.transworldnews.com/NewsStory.aspx?storyid=646640 Mon, 13 Dec 2010 18:16:89 GMT DryShips Inc. (NASDAQ:DRYS) surged 5.41% to $6.33. An analyst at Credit Suisse upgraded the stock from Neutral to Outperform. The firm also boosted its price target on DryShips shares from $5 to $9. The stock has average daily volume of 22.59 mil ... http://www.transworldnews.com/NewsStory.aspx?storyid=644923 http://www.transworldnews.com/NewsStory.aspx?storyid=644923 Sat, 11 Dec 2010 05:33:88 GMT Wells Fargo & Company (NYSE:WFC) surged 2.21% to $29.10. The 52-week range of the stock is $23.02-$34.25. The median Wall Street price target on the stock is $36 and the high target is set at $57 with majority of analyst have a Buy rating on th ... http://www.transworldnews.com/NewsStory.aspx?storyid=643710 http://www.transworldnews.com/NewsStory.aspx?storyid=643710 Thu, 09 Dec 2010 17:32:90 GMT Linktone Ltd. (ADR) (NASDAQ:LTON) soared 19.86% to $1.69. The company reported GAAP net income of $0.6 million or $0.02 per ADS for the third quarter, compared to $0.7 million or $0.02 per ADS in the prior year quarter. Non-GAAP net income was $0 ... http://www.transworldnews.com/NewsStory.aspx?storyid=636766 http://www.transworldnews.com/NewsStory.aspx?storyid=636766 Thu, 02 Dec 2010 17:47:23 GMT Medtronic, Inc. (NYSE:MDT) dropped 1.67% to $34.12. The companys second-quarter net earnings slid to $566 million or $0.52 per share from $868 million or $0.78 per share in the prior year period. On average, 29 analysts polled by Thomson Reuters ... http://www.transworldnews.com/NewsStory.aspx?storyid=630384 http://www.transworldnews.com/NewsStory.aspx?storyid=630384 Tue, 23 Nov 2010 19:42:95 GMT Exelixis, Inc. (NASDAQ:EXEL) soared 29.87% to $6.13. The company reported interim data early Thursday morning, from the cohort of patients with metastatic castration-resistant prostate cancer, or CRPC, treated with XL184 in an ongoing phase 2 ada ... http://www.transworldnews.com/NewsStory.aspx?storyid=626891 http://www.transworldnews.com/NewsStory.aspx?storyid=626891 Thu, 18 Nov 2010 18:29:02 GMT MELA Sciences, Inc. (NASDAQ:MELA) slumped 54.16% to $2.92 after it made its fresh one-year low of $2.80. Over the past 52-week, the stock traded within the range of $2.80-$12.24. U.S. health regulators said Mela Sciences Incs experimental devi ... http://www.transworldnews.com/NewsStory.aspx?storyid=625554 http://www.transworldnews.com/NewsStory.aspx?storyid=625554 Wed, 17 Nov 2010 16:08:37 GMT Abbott Laboratories (NYSE:ABT) slid 0.86% to $48.16. Over the past 52-week, the stock traded within the range of $44.59-$56.79. The company has Price/Sales ratio of 2.21. The stock has the 50- Day Moving Average and 200-Day Moving Average price ... http://www.transworldnews.com/NewsStory.aspx?storyid=625112 http://www.transworldnews.com/NewsStory.aspx?storyid=625112 Tue, 16 Nov 2010 16:34:28 GMT Alcatel-Lucent (ADR) (NYSE:ALU) added 0.65% to $3.11. This week, the company announced that it has signed a two-year agreement worth USD 5.2 million with Stratos Global, to enhance and increase IP communications for offshore oil and gas workers. ... http://www.transworldnews.com/NewsStory.aspx?storyid=623334 http://www.transworldnews.com/NewsStory.aspx?storyid=623334 Wed, 10 Nov 2010 19:50:16 GMT Level 3 Communications, Inc. (NASDAQ:LVLT) jumped 13.56% to $1. Over the past 52-week, the stock traded within the range of $0.83-$1.77. The company has Price/Sales ratio of 0.40. The stock has the 50- Day Moving Average and 200-Day Moving Aver ... http://www.transworldnews.com/NewsStory.aspx?storyid=622935 http://www.transworldnews.com/NewsStory.aspx?storyid=622935 Tue, 09 Nov 2010 17:05:98 GMT Warner Chilcott Plc (NASDAQ:WCRX) plunged 11.57% to $20.64. The company announced its results for the quarter ended September 30, 2010. Revenue in the quarter ended September 30, 2010 increased 178.2% to $703.2 million over the prior year quarter ... http://www.transworldnews.com/NewsStory.aspx?storyid=622414 http://www.transworldnews.com/NewsStory.aspx?storyid=622414 Mon, 08 Nov 2010 18:15:47 GMT Citigroup Inc. (NYSE:C) added 2.66% to $4.45. Several Citigroup Inc investors, including Charles Schwab Corp and hedge fund Cambridge Place Investment Management, have sued the bank over its mortgage underwriting processes, Citigroup said in a re ... http://www.transworldnews.com/NewsStory.aspx?storyid=621452 http://www.transworldnews.com/NewsStory.aspx?storyid=621452 Fri, 05 Nov 2010 16:20:98 GMT