HOUSTON-- Robbins& Myers Inc. still intends to close a $2.5 billion sale of the company to National Oilwell Varco Inc. by the end of the year, despite additional regulatory review of the deal.
Chief Financial Officer Clay Williams characterized it as North America playing defense, while the rest of the world played offense. He said the company was building out facilities in Brazil, while selling more well stimulation equipment into the Middle East, China and Russia.
HOUSTON-- Robbins& Myers saw its net income fall 9 percent in the fourth quarter, partly due to the costs from its $2.5 billion sale to National Oilwell Varco. Analysts expected Robbins& Myers to report net income of 98 cents per share and $276.2 million in revenue.
Oct 9- Robbins& Myers Inc:. *Robbins& Myers and National Oilwell Varco receive second request under. *Robbins& Myers- go request for additional information and documents from the U.S.
Following are movers that you might have missed. Find out why shares of USEC popped while Robbins & Myers dropped. How should you game these lesser known stocks?
Following are the day’s biggest winners and losers. Find out why shares of Nokia and Petrobras popped while Visa and Whole Foods dropped.
It's a small company, but the growth potential is very big.
The Lightning Round is extended in this new CNBC.com exclusive feature.
Hey folks. Weekly winner #5 Scott Cole will be on CNBC.com for our web cast at 12 noon EST TODAY. Be sure and watch. Go to our home page and launch the video player to see and hear Scott. This is ONLY on CNBC.com. Also--here's a breakdown of Scott's trading that put him in as a weekly winner.
Hey folks. We have a winner--for week #5. It's Scott Cole from Redwood City, California. Here's the breakdown on Scott. He's an an investment fund manager. He trades for both business and pleasure. His strategy was to focus on companies that had upcoming earnings and low market caps. If he wins the $1,000,000, the first thing he'll do is set up college savings accounts for his children. RBN, Robbins & Myers, was the stock he picked that surprised him.
Folks--here's a sector breakdown from our crack analystical team on what's happening with the stocks you contestants are buying. And there's been a "sea change" for sure. The analyses run through 3/28, found that over 50% of the leaders' trades occurred in retail and technology. But the current analysis--run from 3/29 - 4/10, shows that the contest leaders are now much more diversified with the top group only comprising 8.07%.
Good morning on this Good Friday. We'll have just a few posts today but let's start with a new number one on the leaderboard. Deborah Taft is dethroned after her 11-day run at the top. Deborah's inactivity cost her as Parker Robinson's gamble on Immucor earnings catapulted him into 1st place. Parker gains the 1st spot with a total portfolio value of $2,790,103.27 after gaining $233,633.48 on the sale of Immucor which was up 9.15% Thursday on strong earnings.
Hey everyone, we have another guest blogger. He's Timothy Sykes, and like Jeff Mishlove and James Altucher, he's a regular on the contest program "How To Win." All three are going to be giving their insights and more as we move along. These are good companion pieces to what they say on "How To Win." It's a pleasure to have all three. So, here's Timothy:
Wow--a big move and an exciting day for the celebrities in "Trading With The Stars." In a big upset--really big--actor Willie Garson propels himself from last place to take the top spot on a HUGE gain with his trade on Robbins & Myers. All our celebs showed gains in their portfolio except for Ernie Hudson who lost out on AgioDynamics which he held a day too long, erasing his earlier gains and dropping him into last place..
Here's our look at the stocks making the most "noise" with traders. There's a new name on the most actives--as you will see below. And Freemont General seems to have run its course, and takes a top spot in the worst performing list--while still showing up in the most active list as well as the most widely held.