Bon-Ton Stores Upgraded from Hold to Buy by KeyBanc Capital Mkts (BONT, OYOG)
** Bon-Ton Stores Inc. (Nasdaq:BONT) was upgraded from Hold to Buy by Brokerage Firm KeyBanc Capital Mkts.
Online PR News – 05-September-2012 –BONT, Bon-Ton Stores Inc.
BONT was upgraded from Hold to Buy by Brokerage Firm KeyBanc Capital Mkts. BONT, through its subsidiaries, operates department stores in the United States. Its stores offer brand-name fashion apparel and accessories for women, men, and children, as well as provide cosmetics, home furnishings, and footwear. More about BONT at www.bonton.com
OYOG, OYO Geospace Corp.
OYOG reported that it has accepted a non-binding letter of intent with the international energy company Statoil to provide 600 kilometers of seabed seismic reservoir monitoring system for the Snorre and Grane fields on the Norwegian continental shelf. Under the letter of intent, Statoil is contractually obligated to pay OYOG $2.5 million for certain pre-award work related to a potential final contract. The final contract, if it is awarded in October 2012 contingent on partner approval, as the letter of intent anticipates, would result in total revenue of approximately $160 million over a three-year period. OYOG designs and manufactures scientific instrumentation and equipment used by the global petroleum industry to acquire more seismic data in new and better ways. Geoscientists look for oil and gas with sound. More about OYOG at www.oyogeospace.com
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