Archive for July, 2009
(ANDE) The Andersons, Inc – beat the Consensus Estimate by 28 cents reporting earnings per share of 27 cents
The Anderson’s, Inc. (ANDE) is expected to report second-quarter results next week after beating the Zacks Consensus Estimate by 28 cents in the first quarter. Can it keep the momentum? Analysts are expecting 19.55% year over year earnings growth in 2009. Company Description The...
31Jul2009 | vitalstocks | 0 comments | Continued(HLF) Herbalife Ltd – ROE of 83% sits high above the industry average of 15%
Herbalife Ltd. (HLF) is seeing bullish Zacks Consensus Estimates ahead of reporting next week. The full-year forecast of $2.97 per share is up 3% over the past 3 months. The most accurate 2009 Zacks Consensus Estimate is even higher at $3.12. Company Description Herbalife sells...
31Jul2009 | vitalstocks | 0 comments | Continued(TEN) Tenneco Incorporated – produced earnings that were far ahead of expectations
Tenneco Inc. (TEN) is aggressively reducing costs and eyeing an increase in production and sales as GM and Chrysler emerge from bankruptcy. The company’s recent second-quarter results were far better than expected. Company Description Tenneco Inc., together with its subsidiaries,...
31Jul2009 | vitalstocks | 0 comments | Continued(ESI) ITT Educational Services Incorporated – Earnings per share were up 56%
ITT Educational Services, Inc. (ESI) blows by analysts’ estimates despite consistently raising forecasts. Company Description ITT Education Services provides technical education at the associates and bachelor degree levels. The company prepares adults for entry-level employment...
31Jul2009 | vitalstocks | 0 comments | Continued($CVX) Chevron Beats on Refining Profits – Analyst Blog
Chevron Corporation (CVX) reported better-than-expected second-quarter 2009 earnings, driven by robust upstream volumes and improved downstream results. Earnings per share, excluding foreign-currency effects, came in at $1.10, above the Zacks Consensus Estimate of $0.95. On a...
31Jul2009 | vitalstocks | 0 comments | Continued(UNG) Commodity Futures: Playing The Grains & Orange Juice Markets
by Lee Lowell, Advisory Panelist I’d like to focus today’s segment on the markets that typically see heightened activity during the summer months, due to the fact that it’s their prime growing season. Specifically, that means the grains and orange juice markets. As we’ve...
31Jul2009 | InvestmentU | 0 comments | Continued($K) Kellogg Beats; Raises Guidance – Earnings were $0.10 above Consensus Estimate
Kellogg Co. (K) reported strong second-quarter results with earnings of $0.92 per share. Earnings were $0.10 above Zacks Consensus Estimate and up 12.2% year over year, despite ongoing cost pressures and the challenging economic environment. Quarterly net sales declined 3.4%...
31Jul2009 | vitalstocks | 0 comments | Continued(INTC) Semiconductor Industry Trying to Survive
Tony Daltorio, The Investment U Research Team The financial downturn and global recession has hit the semiconductor industry hard. Orders for microchips were almost non-existent at the end of 2008 as computers and mobile phones languished unsold on retailers’ shelves. According...
30Jul2009 | InvestmentU | 0 comments | Continued(VE) Veolia Environnement SA: Stock of the Day
Judith Martin, The Investment U Research Team Water, water everywhere… and not a drop to drink. Though the earth is 70.8% water, only 2.5% is potable freshwater, the majority of which can be found only in glacial ice. This leaves less than 1% of the world’s water supply...
30Jul2009 | InvestmentU | 0 comments | Continued(XOM) Oil Companies Still Making Piles of Money
by The Investment U Research Team It’s not without some sort of satisfaction that many consumers react to the news that earning reports from oil companies have been dismal. After all, these companies have been making money off us hand over fist for quite some time. Of course...
30Jul2009 | InvestmentU | 0 comments | Continued(FNM) Real Estate Investment Trusts (REIT) – Industry Outlook
Equity REITs rebounded nicely in the 2nd quarter, when equity REITs posted total returns of 29% (total return FTSE NAREIT Index), vs. a 15% gain for the S&P and an 11% gain for the Dow. So far in July, REITs are down about 8%; the worst performing sectors in July have been...
30Jul2009 | vitalstocks | 0 comments | Continued(TWC) Time Warner Cable Beats in Q2 – Zacks Tale of the Tape
Time Warner Cable Inc. (TWC) posted better-than-expected second-quarter results this morning, driven by growth in subscription revenues. The second-largest cable operator in the U.S. reported adjusted earnings of 91 cents per share, beating the Zacks Consensus Estimate by more...
30Jul2009 | vitalstocks | 0 comments | Continued(SPWRA) Solar Energy: A Bright Spot In The Alternative Energy Sector
by David Fessler, Advisory Panelist Flying home from our conference in Victoria, and looking out the window of the airplane taking me home, I begin to understand the vast opportunity we have by looking over the rooftops of homes and business parks alike. The thought that jumps...
30Jul2009 | InvestmentU | 0 comments | Continued($IBM) IBM Targets Chinese Clouds – cloud computing will be a key component of IBM’s top line
International Business Machines (IBM) is targeting the city of Wuxi as its next big cloud-computing hub. This small Chinese city holds great potential for IBM. The project is expected to attract billions of dollars in government funding to stimulate the area’s tech-focused...
30Jul2009 | vitalstocks | 0 comments | Continued(JJSF) J&J Snack Foods Corp. – exceeded the Zacks Consensus Estimate by 23%
J & J Snack Foods Corp. (JJSF) recently reported record sales and earnings for the fiscal third quarter. Sales totaled $179.8 million, a 2% increase from last year. Earnings per share of 80 cents topped the previous year’s 58 cents and exceeded the Zacks Consensus Estimate...
30Jul2009 | vitalstocks | 0 comments | Continued(AGCO) AGCO Beats But Revenues Down – company expects weak industry demand in Europe
AGCO Corp. (AGCO) reported second-quarter earnings of $0.64 per share, above market expectations of $0.55. EPS results were down 52.2% year over year due to deteriorating demand for agricultural equipment in all the major markets and increase in engineering expenses. Net sales...
30Jul2009 | vitalstocks | 0 comments | Continued($F) Ford Gets Standard & Poor’s Upgrade – Analyst Blog
On July 27, 2009, credit agency Standard & Poor’s notified that it has revised its outlook on Ford Motor Co. (F) from “negative” to “developing,” and has affirmed the company’s credit ratings. The agency has affirmed its “CCC+”...
30Jul2009 | vitalstocks | 0 comments | Continued(JASO) JA Solar Adds Weight to Its Pockets – Analyst Blog
Chinese solar-cell manufacturer JA Solar Holdings Company Ltd. (JASO) bagged two three-year term loans of 620 million RMB ($90.9 million) from the Export-Import Bank of China at below the benchmark interest rate set by the People’s Bank of China. The infusion will strengthen...
30Jul2009 | vitalstocks | 0 comments | Continued(WXS) Wright Express Corporation – latest earnings report sent shares soaring
Wright Express Corp. (WXS) pleased investors with its latest earnings report which sent shares soaring. Company Description Wright Express offers payment processing and information management services. The company services commercial and government fleets through its own marketing...
30Jul2009 | vitalstocks | 0 comments | Continued($CS) Non-U.S. Banks – Zacks Analyst Interviews
In general, we believe it is still a bit early to get involved with non-US bank stocks as the fundamental outlook remains weak — asset quality will continue to deteriorate as individuals and companies default on loans, and revenues should continue to fall as loan growth...
30Jul2009 | vitalstocks | 0 comments | Continued(KMB) Kimberly Clark Corporation – discount to the overall market with a very nice growth projection
Kimberly Clark Corporation (KMB) is fresh off the heels of reporting solid second-quarter results in which income was up 8% from last year. Company Description Kimberly Clark, together with its subsidiaries, manufactures and markets health and hygiene products worldwide. The...
30Jul2009 | vitalstocks | 0 comments | Continued(CCE) Coca-Cola Enterprises – dividend increase is testimony of the company’s confidence
Coca-Cola Enterprises (CCE) reported its second consecutive quarter of strong results, with earnings of $0.67 per share. Earnings were $0.24 above Zacks Consensus Estimate of $0.43, driven by benefits of price and package initiatives in North America, volume and pricing growth...
30Jul2009 | vitalstocks | 0 comments | Continued(TJX) The TJX Companies – discount retailer with total sales up 4% year-over-year!
The TJX Companies, Inc. (TJX) saw its shares surge after announcing solid June sales. Total sales of $1.84 billion were up 4% year-over-year. Consolidated comparable store sales also jumped 4%. Company Description The TJX Companies is a discount retailer, selling apparel and...
29Jul2009 | vitalstocks | 0 comments | Continued($GS) Why Financial Earnings Leaders Means Bad Times Ahead
Ryan Cole, The Investment U Research Team The financial sector has led the market rally the last few days – and, as a student of history, that should give you pause. We’ll get into that in a moment, but first… why are financials making such a solid run? Short answer:...
29Jul2009 | InvestmentU | 0 comments | Continued(RRR) RSC Holdings – Look to the days following the earnings announcement as a possible opportunity to take a position
by David Fessler, Advisory Panelist Finally Finding a Bottom… At Least In Something Around my circle of friends, I’m known as “Mr. Fixit” – of course, when your house is 200 years old, you almost have to be. Fortunately for me, taking things apart and putting them...
29Jul2009 | InvestmentU | 0 comments | Continued(GPRE) Corn Crop Numbers Boost Ethanol Producers
by The Investment U Research Team The reports coming out from the U.S. Department of Agriculture suggest that this year’s corn crop could be a record breaker. If conditions hold, 2009 could be one of the best corn crops of the past thirty years. And that’s a good thing...
29Jul2009 | InvestmentU | 0 comments | Continued(OFG) Oriental Financial Group – 2009 Zacks Consensus Estimates Jump
Oriental Financial Group Inc. (OFG) continues to show strength in its key market of mid to high net worth clients as it recently surprised on earnings for the 8th consecutive time. Despite a run up in the stock price, OFG isn’t expensive. It trades at just 4.1x forward...
29Jul2009 | vitalstocks | 0 comments | Continued(UFPI) Universal Forest Products – materials companies have been advancing on optimism and higher estimates
Universal Forest Products Inc. (UFPI) is moving higher as analysts upgrade earnings forecasts in anticipation of a housing bottom. Company Description Universal Forest Products, Inc. engages in the engineering, treatment and distribution of lumber, composite wood and plastic...
29Jul2009 | vitalstocks | 0 comments | Continued(NEM) Metals & Mining – Analyst Interviews – higher consumption of metals in the Asia Pacific region
Overview – Neutral OPPORTUNITIES The overall metals industry structure is rather concentrated, with a few producers being a high proportion of sales. There is higher consumption of metals in the Asia Pacific region, especially China and India. This is due to per capita...
29Jul2009 | vitalstocks | 0 comments | Continued(BIDU) Baidu, Inc. – Over the past month 12 analysts have provided 15 upward revisions
Baidu, Inc. (BIDU) continues to surge after a solid quarterly report and setting a new 52-week high. Company Description Baidu offers search engine and other Internet services through a series of third-party sites. The applications that allows users to search the Web for images,...
29Jul2009 | vitalstocks | 0 comments | Continued