Archive | September, 2010

Lowe’s (NYSE:LOW) Gets Serious About Recycling

Posted on 30 September 2010 by Finance Wire

Lowe’s (NYSE:LOW) has gone green with new recycling amenities.

Lowe’s (NYSE:LOW) Gets Serious About Recycling

Recycling centers in almost 1,700 stores throughout the U.S will enable customers to discard any expired unbroken CFL, any rechargeable battery up to 11 pounds and all used cell phones and plastic shopping bags.

The products will be transported safely to recycling facilities where they will be processed and reclaimed to materials that can be used to make new products.

Lowe’s Stock Info

As of 9/29/2010 (Last trade – 4:00pm), the Lowe’s (NYSE:LOW) company shares are sitting at 22.19.

Over the past three months there has been a 8.7% change in the Lowe’s (NYSE:LOW) stock price.

Lowe’s (NYSE:LOW)
Last Price: 22.19
52 Week Low / High: 19.15 / 28.54
Market Cap: 31140000
Consensus Analyst Opinion: Moderate Buy
Zack’s Industry Rank: 2 out of 6

We will continue checking the Lowe’s (NYSE:LOW) share price for developments over the next few weeks.

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Lockheed Martin (NYSE:LMT) Extends Contract

Posted on 30 September 2010 by Finance Wire

Lockheed Martin (NYSE:LMT) has announced a contract extension for automated flight services.

Lockheed Martin (NYSE:LMT) Extends Contract

The three-year extension contract which will cost $356 million comes into being from Oct. 1. The company took over the AFSS function in 2005.

Jim Derr, Lockheed Martin Flight Service Program Director said that “Lockheed Martin is proud of the service its flight service specialists provide to the general aviation industry. We are excited to have the opportunity to continue providing the most accurate and reliable flight service briefings available.”

Lockheed Martin Stock Info

As of 9/29/2010 (Last trade – 4:01pm), the Lockheed Martin (NYSE:LMT) company shares are sitting at 71.89.

Over the past three months there has been a -3.5% movement in the Lockheed Martin (NYSE:LMT) stock price.

Lockheed Martin (NYSE:LMT)
Last Price: 71.89
52 Week Low / High: 67.39 / 87.18
Market Cap: 26060000
Consensus Analyst Opinion: Hold
Zack’s Industry Rank: 2 out of 6

We will continue checking the Lockheed Martin (NYSE:LMT) stock level for changes over the next few weeks.

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New Deal For Marathon Oil (NYSE:MRO)

Posted on 30 September 2010 by Finance Wire

Marathon Oil (NYSE:MRO) has agreed to clean up the groundwater at its former plant.

New Deal For Marathon Oil (NYSE:MRO)

Initially it will focus on conducting a study of alternative remedies for the groundwater contamination, and will then suggest remedies for addressing the contamination.

EPA would then review the proposed remedies, and with the approval of the Agency, Marathon Oil (NYSE:MRO) would proceed with plans to implement the work. Moreover the company itself would see to the cost of the study and the entire work.

Marathon Oil Stock Info

As of 9/29/2010 (Last trade – 4:01pm), the Marathon Oil (NYSE:MRO) company shares are sitting at 33.01.

Over the past three months there has been a 6.2% change in the Marathon Oil (NYSE:MRO) stock price.

Marathon Oil (NYSE:MRO)
Last Price: 33.01
52 Week Low / High: 27.64 / 35.71
Market Cap: 23430000
Consensus Analyst Opinion: Hold
Zack’s Industry Rank: 1 out of 8

We will be monitoring the Marathon Oil (NYSE:MRO) share price for changes over the next few weeks.

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Fight Continues for Goldman Sachs Group (NYSE:GS) Trader

Posted on 30 September 2010 by Finance Wire

Fabrice Tourre, of Goldman Sachs Group (NYSE:GS) bond trading fame, has requested a court dismiss the civil suit against him.

Fight Continues for Goldman Sachs Group (NYSE:GS) Trader

He had allegedly helped to market a complex financial instrument tied to subprime mortgages on paid leave from Goldman Sachs Group (NYSE:GS).

Securities and Exchange Commission has claimed that Goldman Sachs Group (NYSE:GS) did not disclose the role of hedge fund Paulson & Co. in the transaction to investors or the hedge fund had bet against the deal’s performance.

Goldman Sachs Group Stock Info

As of 9/29/2010 (Last trade – 4:00pm), the Goldman Sachs Group (NYSE:GS) company shares are sitting at 144.42.

Over the past three months there has been a 10.0% change in the Goldman Sachs Group (NYSE:GS) stock price.

Goldman Sachs Group (NYSE:GS)
Last Price: 144.42
52 Week Low / High: 129.5 / 193.6
Market Cap: 74470000
Consensus Analyst Opinion: Moderate Buy
Zack’s Industry Rank: 2 out of 30

We’ll be keeping a close eye on the Goldman Sachs Group (NYSE:GS) stock price for developments over the next few weeks.

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Dell (NASDAQ:DELL) Rolls Out The Duo Tablet

Posted on 30 September 2010 by Finance Wire

Dell (NASDAQ:DELL) has announced details of its upcoming 7-inch iPad-slayer.

Dell (NASDAQ:DELL) Rolls Out The Duo Tablet

It will be out in the next few weeks, and a Dell 10-inch tablet will also be introduced soon. Its 10-inch Inspiron Duo, which can conveniently be used as either a tablet or a notebook, will use a dual-core Atom chip.

A posting on Dell (NASDAQ:DELL)’s corporate blog read that “Michael made the point that devices are changing and evolving rapidly to keep up with the way users want to get their data—anytime, anywhere.”

Dell Stock Info

As of 9/29/2010 (Last trade – 4:00pm), the Dell (NASDAQ:DELL) shares are sitting at 12.99.

Over the past three months there has been a 7.7% movement in the Dell (NASDAQ:DELL) stock price.

Dell (NASDAQ:DELL)
Last Price: 12.99
52 Week Low / High: 11.34 / 17.52
Market Cap: 25260000
Consensus Analyst Opinion: Hold
Zack’s Industry Rank: 1 out of 3

We will be monitoring the Dell (NASDAQ:DELL) stock price for developments over the next few weeks.

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