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  • CDTV.net Stock Market News for Wednesday Sep 2, 2009 0 comments
    Sep 2, 2009 6:10 PM | about stocks: DHR, COF, ETN, CA, GIS, ALB, WHG, LPS, BXS, UIL
     Danaher Corporation (NYSE: DHR) announced that it has signed a definitive agreement with MDS Inc. (NYSE: MDZ) to acquire the Analytical Technologies division of MDS. a bioresearch and analytical instrumentation company. In a separate, but related transaction, Danaher also announced that it has signed a definitive agreement with Life Technologies Corporation (Nasdaq: LIFE) to acquire the remaining 50% ownership position in AB SCIEX, a mass spectrometry business. The aggregate purchase price for the combined transactions is $1.1 billion, including debt assumed and net of cash acquired.
     
    Danaher Corporation, together with its subsidiaries, designs, manufactures, and markets professional, medical, industrial, commercial, and consumer products, primarily in the United States, Europe, and Asia.
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    Capital One (NYSE: COF) was upgraded by Sterne Agee from Sell to Neutral. Cooper Industries (NYSE: CBE) was upgraded by Citigroup from Hold to Buy. 
     
    CA Inc (Nasdaq: CA) was downgraded by MKM Partners from Buy to Neutral. General Mills (NYSE: GIS) was downgraded by Soleil from Buy to Hold (with target price of $62)
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    The Board of Directors of Albemarle Corporation (NYSE: ALB) declared the quarterly dividend of $0.125 per share. The dividend is payable October 1, 2009 to shareholders of record at the close of business as of September 15, 2009. 
     
    Albemarle Corporation engages in the development, manufacture, and marketing of engineered specialty chemicals.
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    Westwood Holdings Group, Inc. (NYSE: WHG) Board of Directors declared a quarterly cash dividend of $0.30 per common share payable on October 1, 2009 to stockholders of record on September 15, 2009.
     
    Westwood Holdings Group, Inc. manages investment assets and provides services for its clients
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    Lender Processing Services, Inc. (NYSE: LPS), announced a regular quarterly dividend of $0.10 per common share. The dividend is payable on September 29, 2009, to shareholders of record as of the close of business on September 15, 2009.
     
    Lender Processing Services, Inc. provides integrated technology and outsourced services to the mortgage lending industry in the United States.
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    The Board of Directors of BancorpSouth, Inc. (NYSE: BXS) declared a quarterly cash dividend of $0.22 per common share. The dividend is payable October 1, 2009 to shareholders of record at the close of business on September 15, 2009.
     
    BancorpSouth, Inc. operates as a financial holding company for BancorpSouth Bank 
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    UIL Holdings Corporation (NYSE: UIL) announced that its Board of Directors declared a quarterly dividend of $0.432 per share on its Common Stock. This dividend is payable October 1, 2009 to shareowners of record at the close of business on September 17, 2009.
     
    UIL Holdings Corporation engages in the purchase, transmission, distribution, and sale of electricity in the United States.
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    For more information, visit cdtv.net
    Disclosure: No positions
     
    Stocks: DHR, COF, ETN, CA, GIS, ALB, WHG, LPS, BXS, UIL
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