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Jefferies Reiterates Buy Rating, Raises PT on Kirby Corporation

2013-02-01 23:34:45| Appliances - Topix.net

In a report published Friday, Jefferies reiterated its Buy rating on Kirby Corporation , and raised its price target from $70.00 to $87.00. Jefferies noted, "Kirby reported 4Q12 EPS of $1.03, including the United earn-out reversal credit of $0.09. Excluding the credit, Kirby would have reported 4Q12 EPS of $0.94 which still easily exceeded Street ... (more)

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EnCap Raises $5B Private Equity Fund

2013-02-01 09:15:00| OGI

The fund reached its hard cap and was significantly oversubscribed.

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New Geology study raises questions about long-held theories of human evolution

2013-01-31 11:00:00| LifeSciencesWorld

[NEWS] Contact: Robert Perkins perkinsr@usc.edu 213-740-9226 University of Southern California What came first: the bipedal human ancestor or the grassland encroaching on the forest? A new analysis of the past 12 million years' of vegetation change in the cradle of humanity is challenging long-held beliefs about the world in which our ancestors …

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Qualcomm raises FY outlook after strong Q1

2013-01-31 08:39:00| Telecompaper Headlines

(Telecompaper) Qualcomm reported revenue for its fiscal first quarter up 29 percent year-over-year to USD 6.02 billion. Operating income for the three months to December totaled USD 2.09 billion, up 35 percent, net income increased 36 percent to USD 1.91 billion, and diluted earnings per share rose 35 percent to USD 1.09, beating the company's earlier guidance. Operating cash flow for the quarter totaled USD 1.98 billion, up 11 percent from the prior year. For the second quarter 2013, Qualcomm expects revenues of USD 5.8-6.3 billion, non-GAAP diluted earnings per share of USD 1.10-1.18 and GAAP diluted EPS of USD 0.98-1.06. The company raised its outlook for the full year, to sales of USD 23.4-24.4 billion and EPS of USD 3.61-3.81.

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Despite court ruling, EPA raises biofuel estimate

2013-01-31 07:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Associated Press: Days after a federal appeals court said the Obama administration is setting overly optimistic production quotas for the struggling biofuels industry, the government issued new standards Thursday that raise production estimates for 2013. New standards announced by the Environmental Protection Agency require production of 14 million gallons of so-called cellulosic biofuels made from grasses and woody material. That's up from an 8.7 million-gallon requirement in 2012 - when actual production was...

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