Archive for August, 2009
(VNDA) Partial Profit Taking: What To Do When You’re Sitting On Explosive Gains
by Marc Lichtenfeld, Advisory Panelist Editor’s Note: On August 15, we’ll be expanding our expert list to include Karim Rahemtulla, Lee Lowell and healthcare and biotech expert Marc Lichtenfeld. They’ll be joining our current experts in providing you the best investing...
7Aug2009 | InvestmentU | 0 comments | Continued(HGR) Hanger Orthopedic Group, Inc. – 25% spike in net income
Hanger Orthopedic Group, Inc. (HGR) is seeing consistent year-over-year earnings growth and has just topped estimates on higher sales. Company Description Hanger Orthopedic Group Inc. develops, acquires and operates orthotic and prosthetic patient-care centers. The centers design,...
7Aug2009 | vitalstocks | 0 comments | Continued(LZ) Lubrizol Corp. – earnings of $2.02 per share, eclipsing the previous year’s $1.26
Lubrizol Corp. (LZ) has been hitting 52-week highs lately. The company recently posted a strong second quarter and hiked its 2009 earnings guidance. Company Description Lubrizol Corporation makes chemical that are used for improving the quality and performance of products used...
7Aug2009 | vitalstocks | 0 comments | Continued(NWL) Newell Rubbermaid Inc. – 47 cents per share, 12 cents ahead of the Zacks Consensus Estimate
Newell Rubbermaid Inc. (NWL) has posted big gains over the last 4 months, easily outpacing the S&P 500 as the economy shows signs of stabilization. Company Description Newell Rubbermaid Inc. designs, manufactures and distributes consumer and commercial products like office...
7Aug2009 | vitalstocks | 0 comments | Continued(F) “Cash for Clunkers” program, a massive government subsidy for Ford
Employers shed 247,000 jobs last month, while the unemployment rate unexpectedly fell to 9.4%. Nonfarm payrolls showed the smallest drop since August of last year, and the June loss was revised down to just 303,000 (from the originally reported 322,000 drop). The unemployment...
7Aug2009 | vitalstocks | 0 comments | Continued($GLW) Corning Inc. – stellar 5-year average return on equity (ROE) of 22.34%
Corning Inc. (GLW) surprised on estimates for the second quarter by 30% as LCD tv sales remain strong. The company recently restarted some idled plants to meet glass demand. GLW trades with a forward P/E of 14.2. Company Description Corning is a specialty glass, ceramics and...
7Aug2009 | vitalstocks | 0 comments | Continued(PCG) PG&E Misses by a Penny – earnings grew 32%
PG&E Corp.’s (PCG) second-quarter earnings of 83 cents per share stopped a penny short of the Zacks Consensus EPS estimate. However, it surpassed the year-ago profit of 80 cents a share. Also, quarterly GAAP EPS rose to $1.02 boosted by tax refund and recovery of Hydro...
7Aug2009 | vitalstocks | 0 comments | Continued(F) Ford released its product acceleration plan to strengthen product lineup
The Ford Motor Company (F) released its product acceleration plan, which is being driven by an efficient global product development system, significant structural cost reductions and disciplined cash management. Ford plans to replace or refresh from 70% to 90% of its lineups...
7Aug2009 | vitalstocks | 0 comments | Continued(VRSN) VeriSign Beats, Revs In Line – sitting on a huge cash balance
Yesterday, VeriSign Inc. (VRSN) reported second-quarter revenues of $257 million from continuing operations, which were in line with management expectations. VeriSign provides essential Internet infrastructure services to companies, service providers and website owners. GAAP...
7Aug2009 | vitalstocks | 0 comments | Continued(GENZ) Genzyme’s Problems Continue – Shire competing directly with Genzyme’s lead product
Genzyme Corp. (GENZ) suffered a setback earlier this week when Shire Plc. (SHPGY) announced positive phase III results on velaglucerase alfa, an enzyme replacement therapy, which is being developed for the treatment of Gaucher disease. Shire has initiated the process of submitting...
7Aug2009 | vitalstocks | 0 comments | Continued(PG) Procter & Gamble Shares Tumble – lost market share to its competitors
Procter & Gamble Co. (PG) witnessed a sharp decline in its stock price after posting dismal fourth-quarter results on Thursday. The stock closed down 4.5% at $51.46. Over the past 52 weeks, Procter & Gamble has traded between $43.93 and $73.57. The company’s quarterly...
7Aug2009 | vitalstocks | 0 comments | Continued($AAPL) Apple’s New Foray – might extend its digital payment processing business
Rumor has it that Apple (AAPL) might extend its digital payment processing business by allowing current iTunes Store account holders to purchase digital goods Incorporatedluding movies, TV shows and iPhone apps from third-party wholesalers, resellers, and value-added resellers. We...
7Aug2009 | vitalstocks | 0 comments | Continued(AAPL) Warren Buffett Was Right
Did you follow Warren Buffett’s advice last year to buy American stocks? In that now famous October 17, 2008 Op-Ed piece in the New York Times, Buffet shared his simple rule for buying stocks: “Be fearful when others are greedy, and be greedy when others are fearful.”...
7Aug2009 | vitalstocks | 0 comments | Continued($HPQ) Hewlett-Packard – Metamorphosis of Printers – moving towards a paperless office
Operating conditions for the printing business are getting increasingly challenging. The weakness is driven by both corporate and retail customers who are moving towards a paperless office, in order to reduce the cost of stationery. Research firm IDC projects the number of printed...
7Aug2009 | vitalstocks | 0 comments | Continued(MDT) Medtronic Wins Settlement – Analyst Blog
Medtronic Inc. (MDT) won $57 million in settlement from AGA Medical Corp. after the federal U.S. district court jury in San Francisco ruled in its favor. AGA had infringed upon two U.S. patents owned by Medtronic through the use and sale of Amplatzer Occluder and vascular plug...
7Aug2009 | vitalstocks | 0 comments | Continued(SI) Siemens Misses Estimates – Order backlog had a stabilizing effect on revenue
Siemens AG (SI) reported third-quarter revenues of €18.3 billion, down 4% from the year-ago quarter, and earnings of $1.44 per ADR, lower than the Zacks Consensus Estimate. Order backlog had a stabilizing effect on revenue while new order intake was down 28% and the book-to-bill...
6Aug2009 | vitalstocks | 0 comments | Continued(EP) El Paso Better Than Expected – surety of cash flows
El Paso Corporation (EP) reported an adjusted EPS of 25 cents for the second quarter of 2009, slightly above the Zacks Consensus Estimate of 21 cents, but below 39 cents posted in the same quarter a year ago. Encouraging performance in the Pipeline segment, which clocked an 11%...
6Aug2009 | vitalstocks | 0 comments | Continued(NDN) 99 Cents’ Q1 Tops View – Beats Consensus Estimate by 75%
99 Cents Only Stores Inc. (NDN) announced fiscal first-quarter results yesterday after the closing bell. The company posted GAAP net income of $9.5 million, compared to a net loss $1.5 million in the year-ago quarter. Earnings per share came in at 14 cents, easily beating the...
6Aug2009 | vitalstocks | 0 comments | ContinuedEmerging Markets – A Contrarian Take
by Louis Basenese, Advisory Panelist Editor’s Note: We apologize for anyone who tried to reach our website over the last few days. One of the perils of our globally interconnected web is that we – like many high profile companies – are constantly under invasion from malicious...
6Aug2009 | InvestmentU | 0 comments | Continued(KMP) When it comes to Oil and Gas MLP’s, Three is Better than One
by David Fessler, Advisory Panelist Much has been written about the benefits of owning oil and gas Master Limited Partnerships, or MLP’s as they’re commonly referred to. They trade just like stocks, but are structured as limited partnerships instead of as corporations....
6Aug2009 | InvestmentU | 0 comments | ContinuedS&P economic sectors tell bullish tale
Many global stock market indices yesterday recorded fresh highs for the year, spurred on by better-than-expected economic and earnings reports, and a fair bit of momentum buying from latecomers to the rally that commenced five months ago. Notably, the ISM Manufacturing Index...
6Aug2009 | prieur | 0 comments | Continued(ROST) Ross Stores – company hiked its earnings guidance
Ross Stores Inc. (ROST) stacks up well against the market, beating it by more than 30% over the past year. The Zacks Consensus Estimates have been rising ahead of the company’s report date in a couple weeks. Company Description Ross Stores is the second largest off-price...
6Aug2009 | vitalstocks | 0 comments | Continued(CMG) Chipotle Mexican Grill, Inc. – P/E multiple of 28X, a steep premium to the overall markets multiple of about 16.5X
Chipotle Mexican Grill, Inc. (CMG) is trending higher in a tough market as the company continues to grow its revenue and open new stores. Company Description Chipotle Mexican Grill, Inc. develops and operates casual dining restaurants in the United States and Canada. The company...
6Aug2009 | vitalstocks | 0 comments | Continued(CA) CA, Inc. – 11 of the 12 analysts polled raised forecasts for the year
CA, Inc. (CA) shares are surging after its latest quarterly report and updated guidance. Company Description Computer Associates is a global IT company that offers hardware, software, and services to complex IT environments to businesses. The company works with governance, management,...
6Aug2009 | vitalstocks | 0 comments | Continued($UHS) Universal Health Services – Beats for the Third Straight Quarter
Universal Health Services, Inc. (UHS) recently surprised on estimates and raised 2009 EPS guidance. Analysts expect year over year earnings growth in 2009 of 17.05%. UHS is trading with a forward P/E of 13. Company Description Universal Health Services operates acute care and...
6Aug2009 | vitalstocks | 0 comments | Continued(CF) CF Industries Sweetens Terra Deal
CF Industries Holdings (CF) has taken a step forward in its prolonged battle for acquisition of Terra Industries (TRA). The Illinois-based fertilizer company raised the fixed exchange ratio to 0.465 shares of CF Industries for each Terra common share. Since January 2009, CF...
6Aug2009 | vitalstocks | 0 comments | Continued($CSCO) Cisco Systems Beats forecasts – Chambers Optimistic
Cisco Systems (CSCO) earned 27 cents per share during its fiscal fourth-quarter earnings, topping the Zacks Consensus Estimate by 8%. The results were below the previous year’s 35 cents, however. Net sales of $8.5 billion slipped by 18% on a year-over-year basis. CEO John...
6Aug2009 | vitalstocks | 0 comments | Continued(QCOM) Qualcomm Bullish on India – Analyst Blog
Growing market traction of 3G wireless devices in India is likely to spur growth of Qualcomm Inc. (QCOM), the largest developer of digital mobile chipsets based on CDMA wireless technology. At present, India has more than 100 million CDMA wireless subscribers, out of which half...
5Aug2009 | vitalstocks | 0 comments | Continued($CAT) Caterpillar Thinks Big – company to benefit immensely from the growing need for infrastructure development
During its Analyst Call yesterday, Caterpillar Inc. (CAT) reiterated its 2009 forecast and provided a five year outlook. The company expects full-year revenues in the range of $32–$36 billion. EPS is forecasted between $1.15 and $2.25, excluding redundancy costs of $0.75 per...
5Aug2009 | vitalstocks | 0 comments | Continued($VZ) Verizon Upgrades FiOS TV Widgets – Subscriber accretion also remains healthy
Verizon (VZ) has announced enhancements to its FiOS TV’s Twitter and Facebook widgets, two recently added free interactive social TV applications. The new upgrades will enable the FiOS TV subscribers to send their own Tweets (text-based micro blog posts on real-time social...
5Aug2009 | vitalstocks | 0 comments | Continued