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Pennystockchaser.com: www.pennnystockchaser.com: Penny Stock Chaser Alerts, December 11, 2009: HUM, APD, CMI and SLE
(M2 PressWIRE Via Acquire Media NewsEdge) Pennystockchaser.com Alerts include Humana Inc. (NYSE: HUM); Air Products' (NYSE: APD); Cummins Inc. (NYSE: CMI) and Sara Lee Corp. (NYSE: SLE)
-- December 11, 2009 Humana Inc. (NYSE: HUM) trading at $41.93 on a volume of 1.41M shares
Humana Renews Share Repurchase Authorization and Announces Date of 2010 Annual Stockholders' Meeting
LOUISVILLE, Ky., Dec 11, 2009 -- Humana Inc. (NYSE: HUM) today announced that its board of directors has renewed its authorization for the use of up to $250 million for the repurchase of Humana common shares. The previous share repurchase authorization was set to expire on December 31, 2009, and the renewed authorization is effective until December 31, 2011. The company had approximately 170 million shares outstanding as of September 30, 2009. Company shares may be repurchased from time to time at prevailing prices in the open market, by block purchases, or in privately negotiated transactions.
About Humana
Humana Inc., headquartered in Louisville, Kentucky, is one of the nation's largest publicly traded health and supplemental benefits companies, with approximately 10.3 million medical members and approximately 7.3 million specialty-benefit members. Humana is a full-service benefits solutions company, offering a wide array of health and supplemental benefit plans for employer groups, government programs and individuals.
-- December 11, 2009 Air Products (NYSE: APD) trading at $82.16 on a volume of 739,036 shares.
Air Products' Freshline(R) DM Tunnel Freezer Enables Food Manufacturers to Process Both IQF and Non-IQF Products in One Machine
LEHIGH VALLEY, Pa., Dec 11, 2009 -- Users of mechanical and cryogenic food freezing systems who are looking for ways to increase production, diversify their product offerings, and expand their distribution reach can benefit from Air Products' (NYSE: APD) Freshline(R) DM tunnel freezer, now available to food processors in North America. This highly flexible cryogenic freezing solution allows manufacturers to process both individually quick frozen (IQF) and flat or trayed products in a single machine. The dual-mode freezer is the latest addition to the company's IQF portfolio of freezing solutions and offers significant capital savings, as well as improved product quality, to processors of seafood, meat, poultry, fruit, vegetables, dairy, pasta, prepared meals and bakery items.
Air Products (NYSE: APD) serves customers in industrial, energy, technology and healthcare markets worldwide with a unique portfolio of atmospheric gases, process and specialty gases, performance materials, and equipment and services. Founded in 1940, Air Products has built leading positions in key growth markets such as semiconductor materials, refinery hydrogen, home healthcare services, natural gas liquefaction, and advanced coatings and adhesives. The company is recognized for its innovative culture, operational excellence and commitment to safety and the environment. In fiscal 2009, Air Products had revenues of $8.3 billion, operations in over 40 countries, and 18,900 employees around the globe. For more information, visitwww.airproducts.com.
-- December 11, 2009 Cummins Inc. (NYSE:CMI) trading at $55.75 on a volume of 904,232 shares
Cummins Sponsors USA National Pavilion at 2010 Shanghai World Expo
SHANGHAI, Dec 11, 2009 -- Cummins Inc. (NYSE:CMI) and the USA National Pavilion at the 2010 Shanghai World EXPO announced today that Cummins has become an official sponsor of the USA National Pavilion.
About Cummins
Cummins Inc., a global power leader, is a corporation of complementary business units that design, manufacture, distribute and service engines and related technologies, including fuel systems, controls, air handling, filtration, emission solutions and electrical power generation systems. Headquartered in Columbus, Indiana, (USA) Cummins serves customers in approximately 190 countries and territories through a network of more than 500 company-owned and independent distributor locations and approximately 5,200 dealer locations. Cummins reported net income of $755 million on sales of $14.3 billion in 2008. Press releases can be found on the Web at www.cummins.com.
-- December 11, 2009 Sara Lee Corp. (NYSE: SLE) closed at $45.89 on a volume of 989,500 shares.
Sara Lee Receives Binding Offer of EUR320 Million from Procter & Gamble for Its Air Care Business
DOWNERS GROVE, Ill., Dec 11, 2009 -- Sara Lee Corp. (NYSE: SLE) announced today it has received a binding offer from The Procter & Gamble Company (NYSE: PG) to acquire Sara Lee's air care business for EUR320 million. Where permissible, Sara Lee has agreed to accept the binding offer upon satisfaction of certain conditions. In fiscal 2009, this business generated annual sales of approximately EUR260 million ($355 million based on fiscal 2009 exchange rates) and accounted for approximately 11 percent of the adjusted operating segment income(1) for the International Household and Body Care business.
About Sara Lee Corporation
Each and every day, Sara Lee (NYSE: SLE) delights millions of consumers and customers around the world. The company has one of the world's best-loved and leading portfolios with its innovative and trusted food, beverage, household and body care brands, including Ambi Pur, Ball Park, Douwe Egberts, Hillshire Farm, Jimmy Dean, Kiwi, Sanex, Sara Lee and Senseo. Collectively, these brands generate almost $13 billion in annual net sales covering approximately 180 countries. The Sara Lee community consists of 41,000 employees worldwide. Please visitwww.saralee.com for the latest news and in-depth information about Sara Lee and its brands.
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