BloggingStocks http://www.bloggingstocks.com BloggingStocks http://www.blogsmithmedia.com/http://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[CVS Reaches Pseudoephedrine Settlement]]>http://www.bloggingstocks.com/2010/10/14/cvs-reaches-pseudoephedrine-settlement/http://www.bloggingstocks.com/2010/10/14/cvs-reaches-pseudoephedrine-settlement/http://www.bloggingstocks.com/2010/10/14/cvs-reaches-pseudoephedrine-settlement/#commentsFiled under:

This afternoon, CVS Caremark Corporation (CVS) announced that it reached agreements with the U.S. Drug Enforcement Administration (DEA) and the U.S. Attorneys' Offices for the Central District of California and the District of Nevada that will settle allegations that stores in those areas engaged in unlawful sales of pseudoephedrine (PSE).

Reportedly, some of these sales took place in other states as well. The sales of these products took place in 2007 and 2008. According to a non-prosecution agreement and civil settlement, CVX will pay $75 million in civil penalties and $2.6 million in profit forfeitures. Along with these penalties, the drug store operator will maintain compliance measures and will prevent excessive sales of PSE.

Continue reading CVS Reaches Pseudoephedrine Settlement

CVS Reaches Pseudoephedrine Settlement originally appeared on BloggingStocks on Thu, 14 Oct 2010 15:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>CVSDEAinthenewsOTC drugsOTC medicinesPSEpseudoephedrinetechnical analysisU.S. DEAThu, 14 Oct 2010 15:30:00 EST<![CDATA[Analyst calls: GS, ITG, HOKU, CME, QSII, TUP, ABFS, PSE, RAX]]>http://www.bloggingstocks.com/2008/09/17/analyst-calls-gs-itg-hoku-cme-qsii-tup-abfs-pse-rax/http://www.bloggingstocks.com/2008/09/17/analyst-calls-gs-itg-hoku-cme-qsii-tup-abfs-pse-rax/http://www.bloggingstocks.com/2008/09/17/analyst-calls-gs-itg-hoku-cme-qsii-tup-abfs-pse-rax/#commentsFiled under: , , , ,

Analyst upgrades:

  • Wachovia upgraded shares of The Goldman Sachs Group Inc (NYSE: GS) to Outperform from Market Perform on expectations for greater pricing power given Goldman's position as the largest remaining independent securities firm.
  • Keefe Bruyette upgraded Investment Technology Group Inc (NYSE: ITG) to Outperform from Market Perform as they believe the company will take market share with the reshaping of the large wire-house brokerage community. The company's target was raised to $37 from $33.
  • Broadpoint raised Hoku Scientific Inc (NASDAQ: HOKU) to Buy from Neutral as they believe the contract with Tianwei New Energy reduces financing risk.
  • ACE Ltd (NYSE: ACE) and The Travelers Companies Inc (NYSE: TRV) were upgraded to Buy from Neutral at Goldman.
  • Axcelis Technologies Inc (NASDAQ: ACLS) was upgraded to Buy from Hold and Evergreen Solar Inc (NASDAQ: ESLR) was lifted to Hold from Sell at Citigroup.

Analyst downgrades:

Continue reading Analyst calls: GS, ITG, HOKU, CME, QSII, TUP, ABFS, PSE, RAX

Analyst calls: GS, ITG, HOKU, CME, QSII, TUP, ABFS, PSE, RAX originally appeared on BloggingStocks on Wed, 17 Sep 2008 11:27:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>ABFSACEAce LtdAceLtdACLSArkansas BestArkansasBestAxcelisBGFVBig 5 Sporting GoodsBig5SportingGoodsCharles River LabsCharlesRiverLabsCMECME GroupCmeGroupContinental AGContinentalAgCRLCTTAYESLREvergreen SolarEvergreenSolarGoldman SachsGoldmanSachsGSHOKUHoku ScientificHokuScientificinthenewsInvestment Technology GroupInvestmentTechnologyGroupITGLGFLions GateLionsGatePioneer SouthwestPioneerSouthwestPSEQSIIQuality SystemsQualitySystemsRackspaceRAXRegal EntertainmentRegalEntertainmentRGCSaksSKSSNESonySony CorpSonyCorpTravelers GroupTravelersGroupTRVTUPTupperware BrandsTupperwareBrandsWed, 17 Sep 2008 11:27:00 EST<![CDATA[Analyst initiations: Pioneer Southwest, Art Technology, Real Goods Solar]]>http://www.bloggingstocks.com/2008/06/18/analyst-initiations-pse-artg-and-rsol/http://www.bloggingstocks.com/2008/06/18/analyst-initiations-pse-artg-and-rsol/http://www.bloggingstocks.com/2008/06/18/analyst-initiations-pse-artg-and-rsol/#commentsFiled under: ,

MOST NOTEWORTHY: Pioneer Southwest, Art Technology and Real Goods Solar were today's noteworthy initiations:

  • Friedman Billings initiated Pioneer Southwest (NYSE: PSE) with an Outperform rating and $25 target. The firm believes the current valuation does not reflect potential upside from the upstream drop-downs, which would result in higher distributions.
  • ThinkPanmure believes Art Technology (NASDAQ: ARTG) is well-positioned to benefit from a strong replatforming cycle. Shares were initiated with a Buy rating and $4.50 target.
  • Broadpoint said Real Goods Solar (NASDAQ: RSOL) has a disciplined operational model leading to profitable growth, and started shares with a Buy rating and $10 target. ThinkPanmure also initiated Real Goods Solar with a Buy rating and $10 target and said the company is well-positioned given strong underlying trends that include higher retail electricity costs, legislative renewable energy standards and incentives, declining solar photovoltaic systems costs, and "green momentum."

OTHER INITIATIONS:

Analyst initiations: Pioneer Southwest, Art Technology, Real Goods Solar originally appeared on BloggingStocks on Wed, 18 Jun 2008 12:38:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>ARTGATHNPSERSOLTIIWESWed, 18 Jun 2008 12:38:00 EST