Thursday, November 17, 2011

USA - At least 50 arrested at new Wall Street protests


From: Euronews  | Nov 17, 2011
http://www.euronews.net/ They may have been evicted from their protest camp in New York, but that has not stopped them from attempting to continue demonstrating.

Greece - has 60 billion euros in unpaid tax, EU says - Clashes at Athens march demanding 'Bread, Education, Freedom'

From: Euronews  | Nov 17, 2011
http://www.euronews.net/ Greece has at least 60 billion euros in unpaid taxes because of tax evasion and lack of compliance, the European Commission says.
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From: Euronews  | Nov 17, 2011
http://www.euronews.net/ The march in Athens to commemorate a student uprising almost 40 years ago has descended into violence, with police firing teargas at young people dressed in black.

Gap (NYSE:GAP) Bested Estimates For Q3 (potential upside of 5.2%)


Uploaded by on Nov 17, 2011
Gap (NYSE:GAP) reported Q3 EPS of $0.38, better than analyst estimates of $0.36 per share. Revenues for the quarter were $3.65 billion, better than consensus estimates of $3.61 billion.

Glenn Murphy, chairman and chief executive officer of Gap Inc. said, "Across our brands, we're intensely focused on improving our current sales trend, including making necessary product and marketing adjustments, with a view toward building momentum as we head into 2012. We're ready to compete aggressively this holiday."

Gap Inc (NYSE:GPS) has potential upside of 5.2% based on a current price of $19.23 and an average consensus analyst price target of $20.23.

Harris (NYSE:HRS) Awarded $15 Million Order From U.S. Air Force (potential upside of 35.1%)


Uploaded by on Nov 17, 2011
Harris (NYSE:HRS) received a $15 million order from the U.S. Air Force for additional Falcon III AN/PRC-117G multiband manpack radio systems.

The AN/PRC-117G will provide Air Force personnel with next generation tactical communication capabilities for a range of applications, such as precision air support.

Harris received this order in the first quarter of fiscal 2012.

Dana Mehnert, group president, Harris RF Communications said, "The AN/PRC-117G manpack provides Air Force personnel with enhanced voice, video and wideband data communications. This radio delivers assured access to command and control resources, supporting new applications such as fires coordination and close air support. Combat proven and upgradeable, the AN/PRC-117G is the solution to the Air Force's current and future needs -- on the ground and in the air."

Harris (NYSE:HRS) has potential upside of 35.1% based on a current price of $36.75 and an average consensus analyst price target of $49.64.