BloggingStocks http://www.bloggingstocks.com BloggingStocks http://www.blogsmithmedia.com/www.bloggingstocks.com/media/feedlogo.gif BloggingStocks http://www.bloggingstocks.com en-us Copyright 2012 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/<![CDATA[E-House China Holdings (EJ) rises 40.8% in IPO]]>http://www.bloggingstocks.com/2007/08/08/e-house-china-holdings-ej-gains-40-8-in-ipo/http://www.bloggingstocks.com/2007/08/08/e-house-china-holdings-ej-gains-40-8-in-ipo/http://www.bloggingstocks.com/2007/08/08/e-house-china-holdings-ej-gains-40-8-in-ipo/#commentsFiled under: ,

Wall Street jumped onto shares of E-House Holdings (NYSE: EJ) in the Shanghai company's trading debut, a reflection of China's hot real estate sector.

E-House priced 14.6 million American depositary shares at $13.80 a share, above expectations of a $11.50-$13.50 range, for its New York Stock Exchange IPO. Shares shot nearly 41% higher, rising $5.63 to close at $19.43. E-House raised nearly $202 million.

E-House China Holdings (EJ) rises 40.8% in IPO originally appeared on BloggingStocks on Wed, 08 Aug 2007 17:21:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>China housingChina real estateChinaHousingChinaRealEstateE-House China HLDGSE-House China HoldingsE-houseChinaHldgsE-houseChinaHoldingsEJWed, 08 Aug 2007 17:21:00 EST<![CDATA[Ecolab (ECL) bid drives Microtek Medical Holdings (MTMD) up 28%]]>http://www.bloggingstocks.com/2007/08/08/ecolab-ecl-bid-drives-microtek-medical-holdings-mtmd-up-28/http://www.bloggingstocks.com/2007/08/08/ecolab-ecl-bid-drives-microtek-medical-holdings-mtmd-up-28/http://www.bloggingstocks.com/2007/08/08/ecolab-ecl-bid-drives-microtek-medical-holdings-mtmd-up-28/#commentsFiled under:

Shares of Microtek Medical Holdings (NASDAQ: MTMD) bounded 27.93% higher Wednesday, jumping $1.31 to close at $6.00 in one of the Nasdaq's largest percentage gains.

Microtek's gain was driven by yesterday's announcement that Ecolab Inc. (NYSE: ECL) plans to buy out the company's 43.5 million outstanding shares for $6.30 per share in cash, or $274.1 million.

Analysts that cover the health care industry don't seem too surprised by the acquisition. Both companies are among the leaders in their field, and the deal is expected to leverage the resources of both. Ecolab provides cleaning and pest control services to the hospitality industry while Microtek is a supplier or infection and fluid control products, and other surgical products.

Microtek will release its second quarter earnings Thursday.

Ecolab (ECL) bid drives Microtek Medical Holdings (MTMD) up 28% originally appeared on BloggingStocks on Wed, 08 Aug 2007 16:33:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>ECLEcolab IncEcolabIncmajor movementMajorMovementMicrotek Medical HoldingsMicrotekMedicalHoldingsMTMDstocks to watchStocksToWatchWed, 08 Aug 2007 16:33:00 EST<![CDATA[GigaBeam Corp. (GGBM): A small-cap success]]>http://www.bloggingstocks.com/2007/08/06/gigabeam-corp-ggbm-a-small-cap-success/http://www.bloggingstocks.com/2007/08/06/gigabeam-corp-ggbm-a-small-cap-success/http://www.bloggingstocks.com/2007/08/06/gigabeam-corp-ggbm-a-small-cap-success/#commentsFiled under: ,

Surging since it received purchase orders for WiFiber links from two international resellers, standout small cap Gigabeam Corp. (NASDAQ: GGBM) continued its climb Monday, heading more than 17% higher.

GGBM shares have moved 42% higher over the past 11 days, most recently on news of a purchase order for two WiFiber links from a reseller for the Saudi government last Friday. GGBM closed Friday's regular trading session $0.2799 higher at $4.3499, a gain of 6.88%. The stock continued its ascent after hours, rising 72 cents to $5.07.

It has reached as high as $5.7601 during today's regular trading session, though it still sits well short of its April 2006 high of $13.80.

It's been a summer of high demand for Gigabeam's WiFi services -- two weeks ago it soared after the announcement of a purchase order from South African reseller InnovatIF Telecoms. Shortly before that was the announcement that Herndon, Va.-based One Velocity purchased orders for 24 WiFiber links.

Continue reading GigaBeam Corp. (GGBM): A small-cap success

GigaBeam Corp. (GGBM): A small-cap success originally appeared on BloggingStocks on Mon, 06 Aug 2007 14:59:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>GGBMGigaBeam Corpglobal WiFi companiesInnovatiF TelecomsOne VelocityWiFiWiFi providersMon, 06 Aug 2007 14:59:00 EST<![CDATA[Tetra Technologies (TTI) earnings drag stock 26% lower]]>http://www.bloggingstocks.com/2007/08/03/tetra-technologies-tti-earnings-drag-stock-26-lower/http://www.bloggingstocks.com/2007/08/03/tetra-technologies-tti-earnings-drag-stock-26-lower/http://www.bloggingstocks.com/2007/08/03/tetra-technologies-tti-earnings-drag-stock-26-lower/#commentsFiled under: ,

Shares of Tetra Technologies Inc. (NYSE: TTI) sank more than 26% Friday after the Texas oil and gas company reported disappointing second-quarter earnings.

Tetra posted a net income of $22.9 million, or 30 cents a share, on revenue of $258.1 million. Earnings per share were 22 cents less than analysts expected. Second-quarter net income last year was $29.2 million, or 39 cents per share, on revenue of $207.1 million.

Tetra was one of several energy companies to fall short of analysts' expectations Friday. Standing out to a lesser extent was Genesis Energy LP (AMEX: GEL), which posted a net loss of $1.4 million, or 9 cents per share, for the second quarter of 2007, compared to net income of $3.4 million or 24 cents in 2006. Analysts were expecting 16 cents per share.

Just before 2 p.m. Friday, shares of Tetra were selling at $19.44, nearly $7 under Thursday's close of $26.41.

Tetra Technologies (TTI) earnings drag stock 26% lower originally appeared on BloggingStocks on Fri, 03 Aug 2007 14:14:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>GELGenesis Energy LPGenesisEnergyLpmarket laggardsMarketLaggardsTetra TechnologiesTetra Technologies earningsTetraTechnologiesTetraTechnologiesEarningsTTIFri, 03 Aug 2007 14:14:00 EST<![CDATA[Major mover: Blount International (BLT) up on earnings]]>http://www.bloggingstocks.com/2007/08/02/major-mover-blount-international-blt-up-on-earnings/http://www.bloggingstocks.com/2007/08/02/major-mover-blount-international-blt-up-on-earnings/http://www.bloggingstocks.com/2007/08/02/major-mover-blount-international-blt-up-on-earnings/#commentsFiled under:

Expectedly strong earnings drove shares of Blount International (NYSE: BLT) as far as 20% higher Thursday.

Thanks in part to strong international conditions, the seller of industrial and outdoor products surprised analysts Thursday with earnings of 23 cents per share, 5 cents higher than analysts expected. Low expectations were perhaps due to BLT 's poor first-quarter report, which reflected weak demand for timber products and a decline in housing starts.

Sales grew 3 percent to $170.4 million, compared with the same quarter last year. Earnings increased nearly 19 percent to $11.1 million from $9.4 million, or 20 cents per share, a year ago.

All else being equal, a continued good international market and stronger growth in the timber market could keep BLT on a positive path through to the fourth quarter. The boost to its second-quarter earnings is in part thanks to its foreign sales. Internationally, its outdoor products segment saw a 17% increase over last year's second quarter while its industrial and power equipment segment saw an increase of 15%.

Blount closed at $13.50 on Thursday, gaining $1.83, or 15.68%.

Major mover: Blount International (BLT) up on earnings originally appeared on BloggingStocks on Thu, 02 Aug 2007 15:54:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>Blount InternationalBlountInternationalBLTmajor movementMajorMovementtop gainersTopGainersThu, 02 Aug 2007 15:54:00 EST