Wednesday, December 27, 2006
Sempra Energy (NYSE:SRE) increases their 2006 EPS guidance, to exceed $4 per share. The increase from the previous per share estimate of $3.50 to $3.70 is due primarily to increased profitability at its commodities business. The consensus stands at $3.66.

InfoSonics
(NDAQ:IFON) shares are trading higher, almost 44% today, after announcing the company will be distributing handsets for LG Electronics in the Caribbean and select countries in Latin America. InfoSonics has already received approval, certification and purchase orders from carriers in the region and will be delivering its first shipments in the coming weeks.

Inverness Medical Innovations, Inc. (Amex:IMA) and The Procter & Gamble Company (NYSE:PG) have signed a definitive agreement to form a 50/50 joint venture for the development, manufacturing, marketing and sale of existing and to-be-developed consumer diagnostic products outside of the fields of cardiology and diabetes. Both stocks were up today.  

Cadmus Communications Corporation (NDAQ:CDMS) and Cenveo, Inc. (NYSE:CVO) have entered into a definitive merger agreement for Cenveo to acquire Cadmus in an all-cash merger at a price of $24.75 per share. The total value of the transaction, including Cenveo's assumption of Cadmus' debt, is expected to be approximately $430 million at closing.