PicksThatMove: www.PicksThatMove.com: "Picks that move" Alerts, October 16, 2009: ABX, BZ, SHO, ORN, DOV and SRX
Oct 16, 2009 (M2 PRESSWIRE via COMTEX) --
Companies: Bairnco Corp. (BZ), Barrick Gold Corp. (ABX), Dover Corp. (DOV), Orion Marine Group Inc (OMGI), Orion Power Holdings, Inc. (ORN), SRA International, Inc. (SRX), Sunstone Hotel Investors, Inc. (SHO)
Picksthatmove.com Alerts include Barrick Gold Corporation (NYSE:ABX); Boise Inc. (NYSE: BZ); Sunstone Hotel Investors, Inc. (NYSE: SHO); Orion Marine Group, Inc. (NYSE:ORN); Dover Corporation (NYSE: DOV) and SRA International, Inc. (NYSE: SRX)
-- October 16, 2009 Barrick Gold Corporation (NYSE:ABX) at $39.09 on a volume of 5.13M shares
In a press release on October 16, Barrick Completes Sale of $1.25 Billion of Debt Securities
TORONTO, ONTARIO, Oct 16, 2009 All amounts expressed in US dollars.
Barrick Gold Corporation (NYSE:ABX)(TSX:ABX) ("Barrick") and its wholly-owned subsidiary, Barrick (PD) Australia Finance Pty Ltd ("BPDAF"), announced today the completion of the sale of $1.25 billion in debt securities comprised of: $400 million of 4.95% notes due 2020 of BPDAF and $850 million of 5.95% notes due 2039 of BPDAF, each guaranteed by Barrick.
About Barrick Gold Corporation
Barrick Gold Corporation (Barrick) is engaged the production and sale of gold, as well as related activities, such as exploration and mine development. Barrick also produces copper and holds interests in a platinum group metals development project and a nickel development project, both located in Africa, and a platinum group metals project located in Russia. Barrick has four regional business units (RBUs): North America, South America, Australia Pacific and Africa. On March 5, 2008, Barrick completed the acquisition of additional 40% interest in the Cortez property. During the year ended December 31, 2008, the Company acquired Cadence Energy Inc.
-- October 16, 2009 Boise Inc. (NYSE: BZ) trading at $6.16 on a volume of 325,742 shares
In a press release on October 16, Boise Inc. Announces Proposed $300 Million Debt Offering
BOISE, Idaho, Oct. 16, 2009 Boise Inc. (NYSE: BZ), a leading manufacturer of packaging products and papers, announced today that Boise Paper Holdings, L.L.C. ("Boise Paper Holdings") and Boise Finance Company, wholly owned subsidiaries of Boise Inc. ("Boise"), are proposing to jointly issue $300 million aggregate principal amount of senior unsecured notes due 2017 (the "Notes") in a private offering that is exempt from the registration requirements of the Securities Act of 1933, as amended (the "Securities Act").
About Boise Inc.
Boise Inc., formerly Aldabra 2 Acquisition Corp., manufactures packaging products and papers, including corrugated containers, containerboard, label and release and flexible packaging papers, imaging papers for the office and home, printing and converting papers, newsprint, and market pulp. The Company operates in three segments: Paper, Packaging, and Corporate and Other. On February 22, 2008, Boise Inc. completed the acquisition of Boise White Paper, L.L.C., Boise Packaging, L.L.C., Boise Cascade Transportation Holdings Corp. (collectively, the Paper Group), and other assets and liabilities related to the operation of the paper, packaging and newsprint, and transportation businesses of the Paper Group and part of the headquarters operations of Boise Cascade, L.L.C. (Boise Cascade).
-- October 16, 2009 Sunstone Hotel Investors, Inc. (NYSE: SHO) trading at $7.61 on a volume of 5.65M shares.
In a press release out on October 16, Sunstone Hotel Investors, Inc. Prices Public Offering of 20 Million Common Shares
SAN CLEMENTE, Calif., Oct 16, 2009 Sunstone Hotel Investors, Inc. (NYSE: SHO) (the "Company") announced the pricing of its public offering of 20,000,000 shares of its common stock at a price per share of $7.20. The underwriters have been granted a 30-day option to purchase up to an additional 3,000,000 shares of common stock to cover over-allotments, if any.
About Sunstone Hotel Investors, Inc.
Sunstone Hotel Investors, Inc. is a lodging real estate investment trust ("REIT") that, as of the date hereof, has interests in 40 hotels comprised of 14,006 rooms primarily in the upper-upscale segment operated under nationally recognized brands, such as Marriott, Hyatt, Fairmont, Hilton, and Starwood.
-- October 16, 2009 Orion Marine Group, Inc. (NYSE:ORN) last at $21.69 a volume of 64,170 shares
In a press release out on October 16, Orion Marine Group Announces a Contract Award of Approximately $10 Million
HOUSTON, Oct 16, 2009 Orion Marine Group, Inc. (NYSE:ORN) (the "Company"), a leading heavy civil marine contractor serving the infrastructure sector, today announced a contract award of approximately $10 million.
About Orion Marine Group
Orion Marine Group, Inc. provides a broad range of marine construction and specialty services on, over and under the water along the Gulf Coast, the Atlantic Seaboard and the Caribbean Basin and acts as a single source turn-key solution for its customers' marine contracting needs. Its heavy civil marine construction services include marine transportation facility construction, marine pipeline construction, marine environmental structures, dredging, and specialty services. Its specialty services include salvage, demolition, diving, surveying, towing and underwater inspection, excavation and repair. The Company is headquartered in Houston, Texas and has a 75-year legacy of successful operations.
-- October 16, 2009 Dover Corporation (NYSE: DOV) last at $39.77 on a volume of 253,758 shares
In a press release out on October 16, Ingram Micro Names Datamax-O'Neil as a Preferred Supplier of Thermal Bar Code Printers for Its North America Distribution Centers
Selected for their high performance and reliability, the Datamax-O'Neil I-Class industrial-strength printers will be used by Ingram Micro to meet demanding internal labeling requirements
ORLANDO, Fla., Oct 16, 2009 Datamax-O'Neil, the barcode and mobile printing business of Dover Corporation (NYSE: DOV) and a global provider of label and receipt printing solutions, has been named a preferred supplier of Thermal Bar Code Printers for Ingram Micro Inc. The printers will be used for the next three years at Ingram Micro's seven North American Distribution Centers for printing approximately one million labels a month for outgoing packages. The Datamax-O'Neil I-Class printer competed against printers from other leading manufacturers, and was selected by Ingram Micro for its high performance, value and reliability.
About Dover Corporation
Dover Corporation (Dover) owns and operates a global portfolio of manufacturing companies providing components and equipment, specialty systems and support services for a variety of applications in the industrial products, engineered systems, fluid management and electronic technologies markets. The Company operates in four business segments: Industrial Products, Engineered Systems, Fluid Management and Electronic Technologies. The products designed, manufactured, assembled and/or serviced by the Company includes material handling equipment, mobile equipment related products, engineered products, product identification related products, energy market production and distribution products, fluid solution products, and electronic technology equipment and devices/components. On April 1, 2008, it acquired Brady's Mining & Construction Supply Co. On April 10, 2008, it acquired Neptune Chemical Pump Company. On December 31, 2008, it acquired Hiltap Fittings Ltd.
-- October 16, 2009 SRA International, Inc. (NYSE: SRX) trading at $20.65 on a volume of 72,826 shares
In a press release out on October 16, SRA Awarded $25 Million Blanket Purchasing Agreement from USDA Food and Nutrition Service
SRA Will Help Enhance Fraud Detection for the Food and Nutrition Service
FAIRFAX, Va., Oct 16, 2009 SRA International, Inc. (NYSE: SRX), a leading provider of technology and strategic consulting services and solutions to government organizations and commercial clients, today announced that it has been awarded a single-award blanket purchasing agreement (BPA) by the U.S. Department of Agriculture's Food and Nutrition Service (FNS), to develop the next generation of the anti-fraud locator using electronic benefits transfer (EBT) retailer transactions (ALERT) system. The goal is to improve fraud detection on an ongoing basis, for both known and unknown fraud types. The BPA has a ceiling of $25 million over a 10-year period, if all options are exercised.
About SRA International, Inc.
SRA and its subsidiaries are dedicated to solving complex problems of global significance for government organizations serving the national security, civil government and global health markets. Founded in 1978, the company and its subsidiaries have expertise in such areas as air surveillance and air traffic management; cyber security; disaster response planning; enterprise resource planning; environmental strategies; IT systems, infrastructure and managed services; logistics; public health preparedness; public safety; strategic management consulting; systems engineering; and wireless integration.
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Companies: Bairnco Corp. (BZ), Barrick Gold Corp. (ABX), Dover Corp. (DOV), Orion Marine Group Inc (OMGI), Orion Power Holdings, Inc. (ORN), SRA International, Inc. (SRX), Sunstone Hotel Investors, Inc. (SHO)
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