Kirby’s Coastal Operations Continue to Improve in the First Quarter

Kirby’s KEX first-quarter revenue fell 1% from last year. The decline was driven by anemic demand for United’s pressure pumping units, tempered by solid inland trends and improvement in coastal operations. The marine transportation business (75% of first-quarter sales) saw revenue increase 25%, thanks to persistent petrochemical and crude oil shipment demand, which is supporting…

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Software Stocks: Watch for Nuance Comm Inc (NASDAQ NUAN) & Cadence Systems (NASDAQ CDNS)

Let us take a look at two promising stocks: Nuance Comm Inc (NASDAQ NUAN) & Cadence Systems (NASDAQ CDNS). Both have seen seemingly different fortunes in the recent times. While Nuance struggles due to takeover speculations, Cadence has been performing strongly. Cadence Design Systems, Inc. (NASDAQ:CDNS) a leader in global electronic design innovation, announced that…

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