Archive for August, 2009
(ERIC) The Next Big Opportunity -next-generation (3G/4G) wireless networks
Massive deployment of high-speed wireless networks throughout the world has opened up a new market for telecom outsourcing and managed services for several telecom equipment manufacturing firms. The next-generation (3G/4G) wireless networks are aiming to cope with substantial...
20Aug2009 | vitalstocks | 0 comments | Continued(CVX) Chevron Corp.- Bull of the Day
Chevron Corp. (CVX) reported better-than-expected second-quarter 2009 EPS of $1.10, surpassing the Zacks Consensus Estimate of 95 cents per share. Contribution from increased production of crude oil and natural gas due to the start-up of new projects has more than offset the...
20Aug2009 | vitalstocks | 0 comments | Continued(HPQ) Stock Market News for August 20, 2009 – Market News
A sharp rebound in Chinese shares helped erase yesterday’s slump and sent Asian stocks sharply higher Thursday, a day after Shanghai’s big fall ignited fears of a Chinese stock collapse and triggered a selling spree around the world. Asian markets also drew comfort from...
20Aug2009 | vitalstocks | 0 comments | Continued(SNDK) SanDisk Rides on Innovation – retain its dominance in US markets
SanDisk Corp. (SNDK) recently launched its Cruzer Enterprise secure USB flash drives. This enhanced version of the USB flash drive was designed to satisfy specific requirements of government employees. The product was tested under military standard 810-F to guarantee certain...
19Aug2009 | vitalstocks | 0 comments | Continued(PCL) Overvalued Timber REITs: Why Timber Investing Isn’t What It Used To Be
by David Fessler, Advisory Panelist Ten years ago, it would be hard to imagine a more stable investment than timber, or those Real Estate Investment Trusts (REITs) that bought millions of acres of harvestable trees. The 1990s were an ideal period to have timber as an investment: Housing...
19Aug2009 | InvestmentU | 0 comments | Continued(AAN) Investing in Small Caps: Why it Pays to be Contrarian
by Louis Basenese, Advisory Panelist Editor’s Note: Earlier this summer, Louis Basenese gave Oxford Club members another reason why investing in small caps is so profitable. With the markets pulling back, the opportunities for small-cap stocks are opening up again. We felt...
19Aug2009 | InvestmentU | 0 comments | Continued(HD) Sweet, Sweet Rebound – Or is it?
by The Investment U Research Team After a brutal thrashing at the hands of the markets yesterday investors breathed a sign of relief as the indices rebounded slightly in morning trading. It would appear that it was all just a bad dream and we can get back to the business of...
19Aug2009 | InvestmentU | 0 comments | Continued(GS) High Frequency Trading: How This Toxic Trading Affects Investors
by Martin Hutchinson, Contributing Editor Editor’s Note: With whipsaw markets like we’ve seen over the past couple of days, we thought an explanation from our esteemed colleague Martin Hutchinson at Money Morning might be in order. An expert on international finance, he guides...
19Aug2009 | InvestmentU | 0 comments | Continued(WFMI) Whole Foods Market, Inc. – Due to the optimism, this stock does not come cheap
Whole Foods Market, Inc. (WFMI) has rebounded nicely from its November low as the company continues to pursue price and promotional initiatives to attract value conscious consumers. Company Description Whole Foods Market, Inc. together with its subsidiaries, owns and operates...
19Aug2009 | vitalstocks | 0 comments | Continued(DAI) Chrysler Group LLC is planning to build the Fiat 500 minicar at a factory in Mexico.
On Monday, The Associated Press (AP) reported that Chrysler Group LLC is planning to build the Fiat 500 minicar at a factory in Mexico. The car is likely to be manufactured at a facility in Toluca, which currently makes the PT Cruiser sedan and Dodge Journey crossover. Chrysler...
19Aug2009 | vitalstocks | 0 comments | Continued(FRT) Federal Realty – raised $265 million of capital to fund its development pipeline
Federal Realty Investment Trust (FRT), a leading real estate investment trust (REIT), recently raised $265 million of capital to fund its development pipeline and pursue favorable acquisition opportunities. The new capital was raised through a combination of senior unsecured...
19Aug2009 | vitalstocks | 0 comments | Continued(DIN) Top Performer for Tues: DineEquity
DineEquity, Inc. (DIN) is being featured today as the Zacks #1 Rank Top Performer with a gain of more than 4%. DIN, the parent company of Applebee’s Neighborhood Grill & Bar and IHOP Restaurants, is 1 of 5 companies from the Retail-Restaurants industry on the...
19Aug2009 | vitalstocks | 0 comments | Continued(THI) Tim Hortons Inc. – ROE of 24%, more than doubling the industry average of 10%
Tim Hortons Inc. (THI) recently reported second-quarter earnings per share that were about 3% above the Zacks Consensus Estimate. Total revenues jumped 9% year-over-year. The company also declared a dividend of 10 cents per share, which translates into an industry-leading yield...
19Aug2009 | vitalstocks | 0 comments | Continued(CSC) Computer Sciences Corp. – easily beat Wall Street’s expectations
Computer Sciences Corp. (CSC) easily beat Wall Street’s expectations and share are setting new 52-week highs. Company Description CSC offers a variety of services included outsourcing, systems integration, consulting, and e-business solution to global companies and governments. Crushed...
19Aug2009 | vitalstocks | 0 comments | Continued(LINE) LINN Energy, LLC – Unit Holders Pulling in a Big Yield
LINN Energy, LLC (LINE) continues to pay a huge distribution to shareholders of 11.20% as it also recently expanded its oil and gas properties with a play into the Permian Basin. The company recently surprised on the Zacks Consensus Estimate for the second quarter in a row. Company...
19Aug2009 | vitalstocks | 0 comments | Continued(S) Sprint Nextel Call Volume Swells
In last week’s edition of Trading Tools, Comcast Corporation (CMCSA) was analyzed after the Zacks Unusually High Option Volume screener revealed a spike in pre-earnings pessimism. Employing the same filter for today’s column, a different security caught my eye: Overland...
19Aug2009 | vitalstocks | 0 comments | Continued(BBT) BB&T Sells $750 million Shares following aquisition of Colonial BancGroup
BB&T Corp. (BBT) commenced a $750 million common stock offering for sale to the general public. Underwriters have a 30-day option to purchase up to an additional 15% of common stock from the company to cover over-allotments, if any. Proceeds from the sale will qualify as...
19Aug2009 | vitalstocks | 0 comments | Continued(MWV) MeadWestvaco Raises $250 million
Yesterday, MeadWestvaco Corp. (MWV) commenced a public offering of $250 million aggregate principal amount of 7.375% Notes due 2019. This is expected to close on Aug. 24, subject to customary closing conditions. Net proceeds from the offering will be used for payment of the purchase...
19Aug2009 | vitalstocks | 0 comments | Continued(GIVN) Zacks.com featured expert Kevin Matras highlights: Given Imaging Ltd. and Princeton National Bancorp, Inc. – Press Releases
Chicago, IL – August 18, 2009- Kevin Matras looks at stocks that currently have a Zacks Rank of 1 but were Ranked a 5 or 4 only one week ago. Highlighted stocks in this week’s article include Given Imaging Ltd. (NASDAQ: GIVN) and Princeton National Bancorp, Inc. (NASDAQ:...
19Aug2009 | vitalstocks | 0 comments | Continued(AMGN) Mixed Results for Amgen’s Vectibix
Yesterday, Amgen Inc. (AMGN) reported mixed top-line results from a phase III study evaluating Vectibix in combination with FOLFIRI (an irinotecan-based chemotherapy) as a second-line treatment for metastatic colorectal cancer (mCRC). The trial had two primary endpoints –...
19Aug2009 | vitalstocks | 0 comments | Continued(HON) Honeywell Bags RMG
Honeywell International Inc. (HON) announced completion of its acquisition of RMG Group and its subsidiaries (RMG Regel and Messtechnik GmbH) at an expense of approximately $400 million. RMG has been integrated into Honeywell Process Solutions, which is part of Honeywell’s...
19Aug2009 | vitalstocks | 0 comments | Continued(AXP) AmEx Sees Better Credit Trends
American Express Co. (AXP) reported a slight improvement in its July credit-card defaults. Some of the credit metrics showed an improvement over the previous month. Net loss rate has fallen to 8.92% in July, versus 10.18% in the previous month. Net charge-offs (gross amount of...
19Aug2009 | vitalstocks | 0 comments | Continued(JNJ) Wright Medical’s New Product
Wright Medical Group Inc. (WMGI) launched a new product, CORETRAK Articulating External Fixator, which is designed to meet the challenging fixation cases of the foot, particularly for diabetic patients. External fixation is useful for diabetic patients as it stabilizes bones...
19Aug2009 | vitalstocks | 0 comments | Continued(DELL) Dell Confirms New Phone Launch
Rumors had been circulating that Dell Inc. (DELL) has been planning to launch its first smartphone. Finally, Dell has confirmed this — the company will launch its first smartphone in the Chinese market. It has selected China Mobile Limited (CHL) — China’s biggest...
19Aug2009 | vitalstocks | 0 comments | Continued(DO) Diamond Offshore Drilling: Another Special Dividend
Houston-based Diamond Offshore Drilling, Inc. (DO) has meticulously remained committed to returning excess cash to shareholders through special dividends. Since the beginning of 2006, in addition to its regular dividend the company has regularly been paying a special dividend. For...
19Aug2009 | vitalstocks | 0 comments | Continued(SNP) Sinopec Wraps Up Addax Deal
Earlier today, China’s state-controlled petroleum refiner China Petroleum and Chemical Corp. – also known as Sinopec (SNP) – completed its previously announced acquisition of Geneva-based oil and gas explorer Addax Petroleum for $7.5 billion in China’s largest overseas...
19Aug2009 | vitalstocks | 0 comments | Continued($IBM) IBM expected to announce its expansion plans for Brazil very soon
Brazil, Russia, India and China (known as the BRIC countries) have been the epicenter of growth and technical innovation over the last few years, although India and China have been the favorites among the technological giants IBM Corp. (IBM) and Hewlett-Packard (HPQ). But of...
19Aug2009 | vitalstocks | 0 comments | Continued(RDSA) Shell to Divest Three European Refineries
Royal Dutch Shell (RDSA) is planning to sell three European refineries as part of its restructuring of downstream operations. Of these, the company’s sole UK refinery – Stanlow in Ellesmere, Cheshire – is the most important. The other two are German refineries in Hamburg...
19Aug2009 | vitalstocks | 0 comments | Continued(TSO) Tesoro Hawaii Wins U.S. Fuel Deal
Yesterday, Tesoro Hawaii Corp., a subsidiary of oil refiner and marketer Tesoro Corp. (TSO), won an aviation fuel supply contract worth approximately $186.7 million from the U.S. Defense Logistics Agency. The Pentagon said that Tesoro will provide fuel to the Defense Energy Support...
19Aug2009 | vitalstocks | 0 comments | Continued(USM) US Cellular Expands 3G Coverage
U.S. Cellular (USM), the wireless subsidiary of Telephone and Data Systems (TDS), has reportedly expanded its 3G wireless broadband coverage with service launches in eastern North Carolina, greater Portland and southern Maine. The sixth largest wireless carrier in the US is deploying...
19Aug2009 | vitalstocks | 0 comments | Continued