www.PicksThatMove.com: "Picks that move" Alerts, July 10, 2009: BCO, PM, RGC, VIT, CNC and WPI.
Monday, Jul 13,2009, 1:00:08 PM Click:
-- July 9, 2009 The Brink's Company (NYSE: BCO) closed at $27.70 on a volume of 244,710 shares.
In a press release out on July 9, 2009 The Brink's Company Board of Directors Declares Regular Quarterly Dividend
RICHMOND, Va., July 10, 2009 -- The board of directors of The Brink's Company (NYSE: BCO) declared a regular quarterly dividend of 10 cents per share on its common stock. The dividend is payable on September 1, 2009, to shareholders of record on July 22, 2009.
About The Brink's Company
The Brink's Company (NYSE: BCO) is the world's premier provider of secure transportation and cash management services. For more information, please visit The Brink's Company website at www.brinkscompany.com or call toll free 877-275-7488.
-- July 9, 2009 Philip Morris International Inc. [NYSE/Euronext Paris: PM] closed at $42.34 on a volume of 7,482,789 shares
In a press release on july 10, 2009 Philip Morris International Inc. (PMI) Announces Agreement to Purchase Colombia's Protabaco for $452 Million
NEW YORK, Jul 10, 2009 -- Regulatory News:
Philip Morris International Inc. [NYSE/Euronext Paris: PM] (PMI) announced today that it has entered into an agreement to purchase 100% of the shares of privately owned Colombian cigarette manufacturer, Productora Tabacalera de Colombia, Protabaco Ltda. (Protabaco), for $452 million.
About Philip Morris International Inc.
Philip Morris International (PMI) [NYSE / Euronext Paris: PM] is the leading international tobacco company, with seven of the world's top 15 brands including Marlboro, the number one cigarette brand worldwide. PMI has more than 75,000 employees and its products are sold in approximately 160 countries. In 2008, the company held an estimated 15.6% share of the total international cigarette market outside of the U.S. For more information, see www.pmintl.com.
-- July 9, 2009 Regal Entertainment Group (NYSE:RGC) closed at $12.63 on a volume of 699,408 shares.
In a press release out on July 9, 2009 Regal Entertainment Group Announces Pricing of $400 Million of Senior Notes of Regal Cinemas Corporation
KNOXVILLE, Tenn., Jul 10, 2009 -- Regal Entertainment Group (NYSE:RGC) announced today that its indirect wholly-owned subsidiary, Regal Cinemas Corporation (the "Company"), has priced its previously announced offering of $400 million aggregate principal amount of 8.625% senior notes due 2019 (the "Notes"). The Notes will be guaranteed by Regal Entertainment Group and all of the Company's subsidiaries that guarantee the Company's existing credit facility. The Company anticipates that the offering will close on July 15, 2009, subject to customary closing conditions.
About Regal Entertainment Group
Regal Entertainment Group (NYSE: RGC) is the largest motion picture exhibitor in the world. The Company's theatre circuit, comprising Regal Cinemas, United Artists Theatres and Edwards Theatres, operates 6,782 screens in 549 locations in 39 states and the District of Columbia. Regal operates theatres in all of the top 33 and 44 of the top 50 U.S. designated market areas. We believe that the size, reach and quality of the Company's theatre circuit not only provide its patrons with a convenient and enjoyable movie-going experience, but is also an exceptional platform to realize economies of scale in theatre operations.
Additional information is available on the Company's Web site at www.REGmovies.com.
-- July 9, 2009 VanceInfo Technologies Inc. (NYSE: VIT) closed at $11.47 on a volume of 947,841 shares.
In a press release out on July 9, 2009 VanceInfo Announces Pricing of Follow-on Public Offering of 5,429,565 ADSs
BEIJING, July 10, 2009 -- VanceInfo Technologies Inc. (NYSE: VIT) ("VanceInfo"), an IT service provider and one of the leading offshore software development companies in China, today announced that its follow-on public offering of 5,429,565 American Depositary Shares ("ADSs"), each representing one ordinary share of VanceInfo, was priced at $11.00 per ADS. Of the ADSs to be sold in the offering, 300,000 ADSs will be sold by VanceInfo, and 5,129,565 ADSs will be sold by selling shareholders. In addition, the underwriters have been granted an option to purchase up to an additional 814,435 ADSs from VanceInfo and the selling shareholders, within 30 days from the date of the prospectus, to cover any over-allotments.
About VanceInfo
VanceInfo Technologies Inc. is an IT service provider and one of the leading offshore software development companies in China.
VanceInfo's comprehensive range of IT services includes research & development services, enterprise solutions, application development & maintenance, quality assurance & testing, and globalization & localization. VanceInfo provides these services primarily to corporations headquartered in the United States, Europe, Japan, and China, targeting high-growth industries such as technology, telecommunications, financial services, manufacturing, retail, and distribution.
-- July 9, 2009 Centene Corporation (NYSE: CNC) closed at $18.63 on a volume of 274,439 shares.
In a press release out on July 9, 2009 Centene Corporation Receives Notice of Texas Contract Award
ST. LOUIS, Jul 10, 2009 -- Centene Corporation (NYSE: CNC) today announced that the Texas Health and Human Services Commission (HHSC) issued a tentative contract award to Centene's subsidiary, Superior HealthPlan Network (Superior Network), for the Children's Health Insurance Program (CHIP) Rural Services Area Managed Care Organization Procurement. The award is contingent upon the successful negotiation and execution of a contract with HHSC. Superior and a second vendor will begin serving members under the new contract on September 1, 2010, continuing through August 31, 2013. The award covers up to 174 primarily rural counties in Texas.
About Centene Corporation
Centene Corporation is a leading multi-line healthcare enterprise that provides programs and related services to individuals receiving benefits under Medicaid, including the Children's Health Insurance Program (CHIP), as well as Aged, Blind, or Disabled (ABD), Foster Care, Long-Term Care and Medicare (Special Needs Plans). The Company operates local health plans and offers a wide range of health insurance solutions to individuals and the rising number of uninsured Americans. It also contracts with other healthcare and commercial organizations to provide specialty services including behavioral health, life and health management, managed vision, telehealth services, pharmacy benefits management and medication adherence. Information regarding Centene is available via the Internet at www.centene.com.
-- July 9, 2009 Watson Pharmaceuticals, Inc. (NYSE: WPI) closed at $33.37 on a volume of 1,773,618 shares
In a press release out on July 9, 2009 Watson Pharmaceuticals Resumes Shipment of INFeD(R) (Iron Dextran Injection, USP)
MORRISTOWN, N.J., July 10, 2009 -- Watson Pharmaceuticals, Inc. (NYSE: WPI), a leading specialty pharmaceutical company, announced today that it has resumed shipments to reintroduce its intravenous iron replacement therapy INFeD (iron dextran injection,USP). The product, which had been out of stock due to changes in the final product manufacturing site and issues with raw material supply, is re-entering the market earlier than expected. Watson expects to be in a normal supply situation for INFeD shortly.
About Watson Pharmaceuticals, Inc.
Watson Pharmaceuticals, Inc. is a global leader in the development and distribution of pharmaceuticals with a broad portfolio of generic products and a specialized portfolio of brand pharmaceuticals focused on Urology, Women's Health and Nephrology/Medical.
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