PicksThatMove: www.PicksThatMove.com: "Picks that move" Alerts, September 28, 2009: ONB, STN, TSN, SVU, AAI and SGY
TSN | Quote | Chart | News | PowerRating -- Picksthatmove.com Alerts include Old National Bancorp (NYSE: ONB | Quote | Chart | News | PowerRating); North American design firm Stantec (NYSE: STN | Quote | Chart | News | PowerRating); Tyson Foods, Inc. (NYSE:TSN); SUPERVALU INC. (NYSE: SVU | Quote | Chart | News | PowerRating); AirTran Holdings, Inc. (NYSE: AAI | Quote | Chart | News | PowerRating) and Stone Energy Corporation (NYSE: SGY | Quote | Chart | News | PowerRating)
-- September 28, 2009 Old National Bancorp (NYSE:ONB) at $10.92 on a volume of 786,856 shares
In a press release on September 28, Old National Bancorp Announces Closing of $207 Million Public Offering of Common Stock, Including Exercise of Underwriters' Over-Allotment Option
EVANSVILLE, Ind., Sep 28, 2009 Old National Bancorp (NYSE:ONB), the holding company for Old National Bank, today announced that it has completed its underwritten public common stock offering by issuing 20,700,000 shares of the Company's common stock, including 2,700,000 shares issued pursuant to the underwriters' exercise of their over-allotment option, at a public offering price of $10.00 per share, for aggregate gross proceeds of $207 million. The net proceeds to the Company after deducting underwriting discounts and commissions and estimated offering expenses are expected to be approximately $196.2 million.
About Old National Bancorp
Old National Bancorp, with $8.0 billion in assets, is a financial holding company headquartered in Indiana. Old National Bank, its banking subsidiary, is focused on community banking in its primary footprint in Indiana, eastern and southeastern Illinois, and central and western Kentucky. Old National Bancorp also owns financial services companies that provide services to supplement its banking business, including fiduciary and wealth management services, insurance and other financial services.
-- September 28, 2009 North American design firm Stantec (NYSE: STN | Quote | Chart | News | PowerRating) trading at $25.46 on a volume of 9,067 shares
In a press release on September 28, Stantec Names Rich Allen Chief Operating Officer
BOSTON, MASSACHUSETTS, Sep 28, 2009 North American design firm Stantec (TSX: STN | Quote | Chart | News | PowerRating) (NYSE: STN | Quote | Chart | News | PowerRating) announced that Rich Allen will be appointed the new chief operating officer (COO) of the Company, effective January 1, 2010. Based in Boston, Massachusetts, Allen is currently a senior vice president and managing leader of the firm's operations in the eastern half of the US.
Stantec provides professional consulting services in planning, engineering, architecture, interior design, landscape architecture, surveying, environmental sciences, project management, and project economics for infrastructure and facilities projects. We support public and private sector clients in a diverse range of markets, at every stage, from initial concept and financial feasibility to project completion and beyond. Our services are offered through approximately 10,000 employees operating out of over 130 locations in North America. Stantec trades on the TSX and on the NYSE under the symbol STN.
-- September 28, 2009 Tyson Foods, Inc. (NYSE:TSN) trading at $12.84 on a volume of 1.20M shares.
In a press release out on September 28, Consumers Can Cook Again With Holly Farms(R) Chicken
Food Lion LLC Signs Exclusive Arrangement to Introduce Holly Farms Premium Chicken At a Great Price
WILKESBORO and SALISBURY, N.C., Sep 28, 2009 After being absent from retail grocery stores in the southeast for more than 10 years, one of the most well-respected national brands of fresh chicken is making a comeback. Today, Tyson Foods, Inc. (NYSE:TSN) and Food Lion LLC announced an arrangement to reintroduce Holly Farms(R) fresh chicken at more than 1,200 Food Lion, Bloom and Bottom Dollar Food grocery stores throughout the eastern United States..
Tyson Foods, Inc. is a meat protein and food production company. The Company produces, distributes and markets chicken, beef, pork, prepared foods and related allied products. The Company's operations are conducted in four segments: Chicken, Beef, Pork and Prepared Foods. The Company's integrated operations consist of breeding stock, contract growers, feed production, processing, further-processing, transporting and marketing chicken and related allied products, including animal and pet food ingredients. Through its wholly owned subsidiary, Cobb-Vantress, Inc. (Cobb), the Company also operates as a poultry breeding stock supplier, supplying Tyson, as well as a number of other poultry production companies. It processes live fed cattle and hogs and fabricate dressed beef and pork carcasses into primal and sub-primal meat cuts, case-ready and fully-cooked meats. The Company produces a range of frozen and refrigerated food products.
-- September 28, 2009 SUPERVALU INC. (NYSE: SVU | Quote | Chart | News | PowerRating) last at $15.13 on a volume of 1.29M shares
In a press release out on September 28, 2009 Duncan Mac Naughton Resigns as SUPERVALU's Executive Vice President of Merchandising and Marketing
MINNEAPOLIS, Sep 28, 2009 SUPERVALU INC. (NYSE: SVU | Quote | Chart | News | PowerRating) announced today that Duncan Mac Naughton, 47, has resigned as SUPERVALU executive vice president of merchandising and marketing, effective Monday, September 28.
About SUPERVALU INC.
SUPERVALU INC. is one of the largest companies in the U.S. grocery channel with estimated annual sales of $42 billion. SUPERVALU holds leading market share positions across the United States with its approximately 2,500 retail grocery locations, including nearly 900 in-store pharmacies. Through the company's nationwide supply chain network, SUPERVALU provides distribution and related logistics support services to more than 2,500 independent retailers across the country. SUPERVALU has approximately 180,000 employees. For more information about SUPERVALU, visit www.supervalu.com.
-- September 28, 2009 AirTran Holdings, Inc. (NYSE: AAI | Quote | Chart | News | PowerRating) last at $6.41on a volume of 575,701 shares
In a press release out on September 28, AirTran Airways Expands Service From Branson, Mo., To Orlando
Airline Offers Low Fares to Sunshine State for Missouri Residents
ORLANDO, Fla., Sept 28, 2009 AirTran Airways, a subsidiary of AirTran Holdings, Inc. (NYSE: AAI), today announced nonstop flights between Branson Airport and Orlando International Airport beginning December 19, 2009.
AirTran Airways, a subsidiary of AirTran Holdings, Inc. (NYSE: AAI | Quote | Chart | News | PowerRating) and a Fortune 1000 company, has been ranked the number one low cost carrier in the Airline Quality Rating study for the past two years. AirTran is the only major airline with Wi-Fi on every flight and offers coast-to-coast service on North America's newest all-Boeing fleet. It's low-cost, high-quality product also includes assigned seating, Business Class and complimentary XM Satellite Radio on every flight. To book a flight, visit www.airtran.com.
-- September 28, 2009Stone Energy Corporation (NYSE: SGY | Quote | Chart | News | PowerRating) trading at $16.21 on a volume of 386,093 shares
In a press release out on September 28, Stone Energy Corporation Announces Upcoming Presentation at IPAA Symposium and Johnson Rice Energy Conference
LAFAYETTE, La., Sept 28, 2009 Stone Energy Corporation (NYSE: SGY | Quote | Chart | News | PowerRating) today announced that David H. Welch, the company's President and Chief Executive Officer, and Kenneth H. Beer, Senior Vice President and Chief Financial Officer, will be presenting at the IPAA Oil & Gas Investment Symposium in San Francisco at 3:20 p.m. pacific time on Tuesday, September 29, 2009. A live webcast will be available in the "Event" section of the company's website, www.stoneenergy.com, and will remain available for twelve months following the presentation. The presentation material will also be available in the "Event" section of the company's website within 24 hours of the presentation.
Stone Energy is an independent oil and natural gas company headquartered in Lafayette, Louisiana, and is engaged in the acquisition, exploration, exploitation, development and operation of oil and gas properties located primarily in the Gulf of Mexico. Stone is also active in the Appalachia region. For additional information, contact Kenneth H. Beer, Chief Financial Officer, at 337-521-2210-phone, 337-521-9880 fax or via e-mail at CFO@StoneEnergy.com.
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For full details on Supervalu Inc (SVU) SVU. Supervalu Inc (SVU) has Short Term PowerRatings at TradingMarkets. Details on Supervalu Inc (SVU) Short Term PowerRatings is available at This Link.
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For full details on Airtran Hldg (AAI) AAI. Airtran Hldg (AAI) has Short Term PowerRatings at TradingMarkets. Details on Airtran Hldg (AAI) Short Term PowerRatings is available at This Link.
For full details on Stantec Inc (STN) STN. Stantec Inc (STN) has Short Term PowerRatings at TradingMarkets. Details on Stantec Inc (STN) Short Term PowerRatings is available at This Link.
For full details on Stone Energy Corp (SGY) SGY. Stone Energy Corp (SGY) has Short Term PowerRatings at TradingMarkets. Details on Stone Energy Corp (SGY) Short Term PowerRatings is available at This Link.
For full details on Old National Bancorp In (ONB) ONB. Old National Bancorp In (ONB) has Short Term PowerRatings at TradingMarkets. Details on Old National Bancorp In (ONB) Short Term PowerRatings is available at This Link.
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