Archive for November, 2009
(JASO) JA Solar Holdings Gains Strength in Third Quarter
JA Solar Holdings Co. Ltd. (JASO) announced adjusted earnings per American Depositary Share (EPADS) of RMB 0.66 (10 cents) in its fiscal third quarter, which exceeded the Zacks Consensus Estimate by 7 cents. The performance improvement came from higher shipments along with growing...
10Nov2009 | vitalstocks | 0 comments | Continued(RRGB) Red Robin Gourmet Burgers – Bear of the Day
Red Robin Gourmet Burgers (RRGB) is vulnerable to economic headwinds, and we believe that the stock will continue to underperform the restaurant industry. Impeding the growth is its sagging same-store sales and declining traffic counts. The company’s third-quarter 2009...
10Nov2009 | vitalstocks | 0 comments | Continued(CAT) Earnings Season in Home Stretch – Earnings Trends
Key Points: • Earnings Surprise Ratio (#beat/#miss) at 5.47, almost double normal • Median Earnings Surprise 7.11%, very strong • Year over year Earnings Growth Ratio (# Pos Growth/# Neg Growth) at 0.77 • Sales Surprise Ratio at 1.37 • ...
10Nov2009 | vitalstocks | 0 comments | Continued(JCG) J. Crew Group Incorporated – Bullish 21% Growth Projection
J. Crew Group Inc. (JCG) is trading higher ahead of its Nov 24 Q3 earnings announcement, keeping the momentum from the company’s strong Q2 results in tact. Company Description J. Crew Group, Inc. operates as a high-end specialty retailer for men, woman and children in the...
10Nov2009 | vitalstocks | 0 comments | Continued(WIN) Windstream Corporation Beat Expectations – But Sales Dip
Windstream Corp. (WIN), a leading rural telecom carrier, reported operating results for the third quarter with adjusted earnings per share of 24 cents, exceeding the Zacks Consensus Estimate of 21 cents. Adjusted EPS excludes one-time items such as restructuring charges, merger...
10Nov2009 | vitalstocks | 0 comments | Continued(NYX) NYSE Euronext Seeks China Market Listing
NYSE Euronext Inc. (NYX) is keen on gaining a listing in China as the country is gearing up to allow such listings. NYSE Euronext is awaiting final confirmation from China’s securities regulator, which is working on setting up a board in Shanghai for listing of firms across...
10Nov2009 | vitalstocks | 0 comments | Continued(HRBN) Top Performer for Tues: Harbin Electric- Zacks #1 Rank Top Performers
Harbin Electric, Inc. (HRBN) just announced some positive third-quarter numbers that have pushed its share price higher by approximately 6% today. As a result, HRBN is a top-performing Zacks #1 Rank company for Tuesday. Volume is nearing 500,000 shares, which is well above the...
10Nov2009 | vitalstocks | 0 comments | Continued(T) AT&T Completes Centennial Communications Acquisition
AT&T Inc (T) has reportedly completed its much anticipated acquisition of Centennial Communications Corp (CYCL), the eighth largest US wireless carrier by subscribers. This follows the recent approvals of the transaction by the US Department of Justice and US telecom regulator...
10Nov2009 | vitalstocks | 0 comments | Continued(TLM) Talisman Energy Net Slumps on Lower Prices
Canadian energy explorer Talisman Energy Inc. (TLM) reported marginally better-than-expected third quarter results, helped by in-line production volumes. Earnings per share from continuing operations, excluding one-time items came in at 15 Canadian cents (14 cents), a penny above...
10Nov2009 | vitalstocks | 0 comments | Continued(AAPL) How Google’s Android is Set to Take a Bite of the Mobile Competition
by Tony Daltorio, Investment U Research Smartphones have taken the handset market by storm. Demand for Apple Inc. (Nasdaq: AAPL) iPhones and BlackBerrys from Research in Motion Limited (Nasdaq: RIMM) have stayed strong, even through the economic downturn. It appears that...
10Nov2009 | InvestmentU | 0 comments | Continued(OMAB) Grupo Aeroportuario del Centro Norte’s Passenger Traffic Down 12.4%
Last week, Grupo Aeroportuario del Centro Norte S.A. de C.V. (OMAB) announced a decrease of 12.4% in total passenger traffic for October, compared to the year-ago period. Domestic passenger traffic decreased 11.6%, while international passenger traffic decreased 17% compared...
10Nov2009 | vitalstocks | 0 comments | Continued(MCD) McDonald’s Corporation Outdoing Rivals
McDonald’s Corporation’s (MCD) comparable sales for the month of October 2009 showed a sluggish growth of 3.3% as against the rise of 8.2% in the same month last year, exposing its sensitivity to rising unemployment, economic downturn, and the discount war amongst fast-food...
10Nov2009 | vitalstocks | 0 comments | Continued(GLD) The Put-Sell Trade: How to Buy Gold and Silver for a 16% Discount
The Put-Sell Trade: How to Buy Gold and Silver for a 16% Discount by Lee Lowell, Stock and Commodity Option Specialist Monday, November 9, 2009: Issue #1133 No matter what the stock market is doing, this is one of the best strategies you can use. It not only allows you to buy...
9Nov2009 | InvestmentU | 0 comments | Continued(SRE) Sempra Energy Surpasses Earnings Estimates
Sempra Energy (SRE) posted strong third quarter results of $1.27 per share, beating the Zacks Consensus Estimate of $1.19 by 8 cents. The company also beat the year-ago earnings per share (EPS) of $1.24 by 3 cents. This is commendable since Sempra Energy had witnessed a steep...
9Nov2009 | Shawn | 0 comments | Continued(PDE) Pride International Tops Estimates Despite Low Utilizations
Pride International Inc. (PDE) reported its third quarter results of 48 cents per share, compared to the Zacks Consensus Estimate of 42 cents and the year-earlier earnings of 82 cents. Before adjusting one-time items, the earnings were 45 cents. While the earnings came in above...
9Nov2009 | Shawn | 0 comments | Continued(ROK) Rockwell Automation Recovering
Today before the market opened, Rockwell Automation Inc. (ROK) reported better-than-expected results for the fourth quarter for the fiscal year 2009. Revenue was $1,074.4 million, down 28% versus $1,484.3 million in the fourth quarter of fiscal year 2008. Currency translation...
9Nov2009 | Shawn | 0 comments | Continued(DOX) Amdocs Limited Outperforms Expectations
Amdocs Limited (DOX) declared better-than-expected financial results for the fourth quarter of fiscal 2009. Total revenue of $707.4 million was down 14.3% year-over-year but well above the Zacks Consensus Estimate of $681 million. The company said its revenue from managed services...
9Nov2009 | Shawn | 0 comments | Continued(NCR) NCR Purchases Netkey
A recent press release from NCR Corp. (NCR) confirms that it has purchased the assets of a market-leading provider of kiosk and digital signage software applications, Netkey, Inc. for an undisclosed amount. We believe that after acquisition NCR is expected to integrate Netkey’s...
9Nov2009 | Shawn | 0 comments | Continued(COMS) 3Com Corporation Wins Two Big Deals
3Com Corp. (COMS) is in the news for winning new business deals across geographies. The first one of them is the “Brazil’s Airport Administration” deal, where 3Com and its H3C enterprise networking solutions will provide the network infrastructure for the network...
9Nov2009 | Shawn | 0 comments | Continued(ALKS) Alkermes Moves to Loss but Beats Consensus Estimates
Alkermes, Inc. (ALKS) reported a second quarter fiscal 2010 net loss of 5 cents per share, compared with a profit of 2 cents in the year-ago period. The Zacks Consensus Estimate was a loss of 10 cents. Revenues in the quarter increased 1.9 % to $48.2 million from $47.3 million...
9Nov2009 | Shawn | 0 comments | Continued(PH) Parker Hannifin Corporation Surpasses Expectations
Parker Hannifin Corporation (PH) reported fiscal 2010 first quarter net income, which declined 71% to $73.5 million from $250.2 million in the first quarter of fiscal 2009. Earnings per diluted share declined 70% to 45 cents. This was higher than the Zacks Consensus Estimate...
9Nov2009 | Shawn | 0 comments | Continued(DT) Deutsche Telekom Tops Estimates on Cost-Cutting
German telecom giant Deutsche Telekom (DT) announced results for third-quarter 2009 with reported earnings per ADS of 31 cents, beating the Zacks Consensus Estimate of 25 cents. Net income of €959 million (US$1.4 billion) reflects a 7.2% increase from €895 million (US$1.3...
9Nov2009 | Shawn | 0 comments | Continued(UTX) United Technologies Beats Estimates
United Technologies Corporation (UTX) reported third quarter 2009 earnings per share of $1.14 and net income attributable to common shareowners of $1.1 billion, down 14% and 17%, respectively, from the year ago quarter. This was ahead of the Zacks Consensus Estimate of $1.12. Revenues...
9Nov2009 | Shawn | 0 comments | Continued(RX) Big Pharma and Biotech – Industry Outlook
The pharmaceutical industry has witnessed major changes in 2009. Performance has been affected by factors like sluggish prescription trends, intensifying generic competition and limited phase III catalysts. The next five years are expected to reflect a significant imbalance between...
9Nov2009 | Shawn | 0 comments | Continued(CPKI) California Pizza Kitchen’s Profit Climbs
California Pizza Kitchen Inc. (CPKI) recently reported third-quarter 2009 results with a mid-single digit fall in the top-line but a surprise double-digit rise in the bottom-line. Effective cost management and a lower tax rate have driven earnings growth. The quarterly earnings...
9Nov2009 | Shawn | 0 comments | Continued(NVDA) NVDIA Corporation’s Revenues Up – Exceeds Expectations
NVDIA Corp. (NVDA) reported third-quarter 2010 EPS of 19 cents, exceeding the Zacks Consensus Estimate of 6 cents per share. Revenue NVDA reported revenue of $903.2 million, up 16.0% from the previous quarter and up 0.6% from the year-ago quarter. Revenue increased as a result...
9Nov2009 | vitalstocks | 0 comments | Continued(GB) Greatbatch Inc’s Earnings Results Disappoint
Greatbatch, Inc. (GB) reported third quarter fiscal 2009 earnings per share of 32 cents, lower than the Zacks Consensus Estimate of 38 cents and the year-ago earnings of 44 cents. Sales Total sales in the reported quarter declined 11% year over year to $121.5 million. Excluding...
9Nov2009 | vitalstocks | 0 comments | Continued(INHX) Inhibitex’s Cash Position Now Solid
On November 6, 2009, Inhibitex (INHX) reported financial results for the third quarter period ending September 30, 2009. Total revenues for the quarter were $0.29 million and consisted of $0.25 million in collaborative research and development payments and $0.04 million in licenses...
9Nov2009 | vitalstocks | 0 comments | Continued(PMI) PMI Group’s Loss Lowers
PMI Group, Inc.’s (PMI) third quarter loss from continuing operations came in at $1.06 per share, much better than the Zacks Consensus estimated loss of $1.38. This was also better than the loss from continuing operations of $1.83 in the prior-year quarter. Loss was primarily...
9Nov2009 | vitalstocks | 0 comments | Continued(ACAS) American Capital’s Earnings Report Lags by a Penny
American Capital’s (ACAS) third quarter operating income of 12 cents per share was a penny short of the Zacks Consensus Estimate. Last year, the company had reported earnings of 74 cents per share. The results were negatively affected due to interest expense for “make-whole”...
9Nov2009 | vitalstocks | 0 comments | Continued