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Cathay Pacific Reports Profits Down by 61% in 2011 (CPCAY)

Posted by D Lindahl on Mar 21st, 2012

Cathay Pacific Airway’ LTD’s (OP: CPCAY) 2011 net profit dropped 61% due to the rising cost of fuel and softer demand for the company’s freight services. The company is also expecting continued weakness for the cargo... More of this article »

Krispy Kreme Doughnuts Inc. Sales Up in 4th Quarter (KKD)

Posted by D Lindahl on Mar 21st, 2012

Krispy Kreme Doughnuts Inc. (NYSE: KKD) was able to manage a fourth-quarter profit with stronger same-store sales as the company was able to post a substantial tax credit. Shares of the company rose by 5.2% ending at $8.93 in after-hours... More of this article »

Amazon to Acquire Kiva Systems Inc. for $775 Million (AMZN)

Posted by D Lindahl on Mar 20th, 2012

The online retail behemoth Amazon Inc. (NYSE: AMZN) announced Monday that the company would be buying Kiva Systems Inc. which is a developer of robots used operate shipping centers. The deal was stated to be $775 million in cash and... More of this article »

Molycorp to Acquire Neo Material Technologies Inc. (MCP)

Posted by D Lindahl on Mar 20th, 2012

Molycorp Inc. (NYSE: MCP) has just agreed to pay $1.3 billion to acquire Neo Material Technologies Inc. This will enable the mining company to gain much more exposure to China which is the largest rare earth consuming nation in the... More of this article »