Vodafone, CME, Duke Energy, Jabil Circuit Among Active Equities Feb. 13th
Vodafone Group (NASDAQ:VOD): Vodafone Group PLC (NASDAQ:VOD) said it is “evaluating the merits” of bidding for troubled U.K. cable operator Cable & Wireless Worldwide PLC, reports the Wall Street Journal. The Sunday Times reported that Vodafone and buyout firm Apax Partners were each evaluating bids for Cable & Wireless.
CME Group (NASDAQ:CME): MF Global (MFGLQ) owes its former customers $1.6B, significantly more than the previous estimate of $1.2B, The New York Times, citing the trustee trying to recover the fund, reported late Friday. There are concerns that the trustee will not be able to recover $700M of client money located overseas, the newspaper explained.
Duke Energy (NYSE:DUK): Duke Energy and China Huaneng Group have signed a new, three-year agreement expanding their research cooperation in the areas of advanced coal and carbon capture and sequestration technologies. The two parties initially signed a Memorandum of Understanding in 2009 to pursue high-level discussions and information sharing on a number of renewable and clean-energy fronts. The expanded agreement calls for an engineering study to determine the potential feasibility of applying Huaneng Group’s low-cost carbon capture process at unit 3 of Duke Energy’s Gibson Station in Indiana. There are no plans to make any modifications to the power plant at this stage of the study.
Jabil Circuit (NYSE:JBL): Argus increased its target on Jabil Circuit (NYSE:JBL) after the company’s CEO hinted that Apple (NASDAQ:AAPL) had become Jabil’s third 10%-plus customer.The firm expects Jabil’s revenue to grow faster than that of its peers, and it maintains a Buy rating on the shares.
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