Yearly Archives: 2011
On The Wires and In Play This Morning
- Wabtec Corporation (WAB) has signed a $27 million contract with Parsons to provide equipment and services for the implementation of Positive Train Control at Metrolink, a commuter rail agency that serves Southern California. Parsons was awarded a contract in 2010 to manage and implement PTC across Metrolink’s 512-mile system.
- Procera Networks (PKT) announced its expanded presence in Asia Pacific with two new regional offices covering Australia and New Zealand, and in Hong Kong also covering Greater China; as well as three new ProceraPro channel partners in the region.
- Orbitz for Business, the corporate travel group of Orbitz Worldwide Inc. (OWW), announced a new partnership with GlobalStar Travel Management to extend Orbitz for Business capabilities into 75 new countries across Europe, Latin America, Africa, Asia and the Pacific Rim.
- American DG Energy (ADGE) entered into an agreement with Global Partners LP (GLP). According to the terms of the agreement, Global’s network of salespeople and agents will introduce American DG Energy’s On-Site Utility energy solution to both Global’s existing clients as well as new customers. Additionally, American DG Energy, will act as an agent for Global, and will now market Global’s natural gas and electricity.
- Silicon Valley Bank (SIVB) announced the addition of offshore Renminbi to its tradable currencies at SVB’s Foreign Exchange Trading Desk
- Global Alert Network, a unit of Global Traffic Network (GNET) announced that its hands-free mobile application providing hyper-local traffic and weather alerts is now available to consumers nationwide.
- Lockheed Martin (LMT) recently delivered the 8,000th AN/UYQ-70 combat console suite to the U.S. Navy, marking a key milestone for a system that is currently installed on 90% of the Navy’s commissioned ships.
Zions Bancorp (NASAQ:ZION): Upgrading to Outperform
Rebels Near Benghazi Greet Downed US Airman
The Daily Telegraph is reporting after the US airman’s crash near Benghazi -“Raising his hands in the air he called out ‘OK, OK’ to greet the crowd. But he need not have worried. ‘I hugged him and said don’t be scared we are your friends,’ said Younis Amruni, 27… A queue formed to shake the hand of the airman, as locals thanked him for his role in the attacks.”
Comments »China rare earth prices explode as export volumes collapse
Watch the usual suspects today: $MCP, $REE, & $AVL. Full story here
Comments »AIG May Face More Bidders Competing for FED MBS Assets
Bulls Will Try to Take Charge as All Black Swan Events are Digested
Frank Says Republicans Will Be Hard Pressed to Reform Banking Laws
Bloomberg Reporter declares “Mission Accomplished”
Flash: Japanese Crisis to Cost Delta $250-400 Million
Delta airlines is out with a note saying the ongoing crisis in Japan will cost the company between $250-400 million in lost revenue.
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