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(ABB, CXW, UNM) PennyGovernance.com Stock Report from Wall Street

By admin - In Hot News - At Jan 31, 11 03:30 PST -28800

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ABB Ltd. (NYSE:ABB) recently reported that is has completed its acquisition of Baldor Electric Company (NYSE:BEZ), a North American leader in industrial motors. The transaction, which was originally announced on November 30, 2010, was valued at $4.2 billion, including $1.1 billion of net debt. The acquisition of Baldor advances ABB’s strategy to become a leader in the North American industrial motors business and a global leader for movement and control in industrial applications.

ABB Ltd provides power and automation technologies for utility and industrial customers worldwide. The companys Power Products division manufactures and sells high- and medium-voltage switchgear and apparatus, circuit breakers, power and distribution transformers, and sensors.

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Corrections Corporation of America (NYSE:CXW) recently reported that it will release its 2010 fourth quarter and full-year financial results after the market closes on Wednesday, February 9, 2011. A live broadcast of CCA’s conference call will begin at 10:00 a.m. central time (11:00 a.m. eastern time) on Thursday, February 10, 2011, and will be accessible through CCA’s website at www.cca.com under the “Webcasts” section of the “Investors” page. An on-line replay of the call will be archived on our website promptly following the conference call. In addition, there will be a telephonic replay available beginning at 1:00 p.m. central time (2:00 p.m. eastern time) on February 10, 2011, through 10:59 p.m. central time (11:59 p.m. eastern time) on February 17, 2011. To access the telephonic replay, dial 888-203-1112 or 719-457-0820 and enter pass code number 8745066.

Corrections Corporation of America, together with its subsidiaries, owns and operates privatized correctional and detention facilities in the United States.

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Unum Group (NYSE:UNM) recently reported once again teaming up with the Disability Management Employer Coalition (DMEC) to offer a series of online educational forums on disability and absence management.

Unum Group, together with its subsidiaries, provides group and individual disability insurance products primarily in the United States and the United Kingdom.

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