Archive for November, 2009
(OKS) ONEOK Partners L.P. Ahead of Consensus Estimates
Master limited partner, ONEOK Partners L.P. (OKS) announced earnings of $1 per unit in the third quarter, beating the Zacks Consensus Estimate of 88 cents. This was below last year’s earnings of $1.97 per share. Results in the quarter were driven by volume growth in the natural...
9Nov2009 | vitalstocks | 0 comments | Continued(OKE) ONEOK Inc Beats Expectations – Ups Earnings Guidance
ONEOK Inc. (OKE) reported third-quarter profit of 45 cents per share, above the Zacks Consensus Estimate of 23 cents. However, this was lower than 55 cents per share earned a year ago. The better-than-expected results are attributed to strong performance across all segments. Net...
9Nov2009 | vitalstocks | 0 comments | Continued(ISPH) Inspire Pharmaceuticals, Inc. – Bull of the Day
Inspire Pharmaceuticals, Inc. (ISPH) is a specialty pharmaceutical company focused on the development and commercialization of treatments for respiratory and ophthalmologic disorders. Currently, the company has three products on the market and a robust pipeline. We see strong...
9Nov2009 | vitalstocks | 0 comments | Continued(MWIV) MWI Veterinary Supply Beats – Provides Strong Outlook
MWI Veterinary Supply‘s (MWIV) fourth-quarter earnings came in at 53 cents per share, well above the Zacks Consensus Estimate of 44 cents and the year-ago earnings of 44 cents. The company reported revenues of $247.5 million, an increase of 10.1% compared to the corresponding...
9Nov2009 | vitalstocks | 0 comments | Continued(MXGL) Max Capital Group Beats Earnings Guidance
Max Capital Group (MXGL) reported third quarter operating earnings of 92 cents per share, beating the Zacks Consensus Estimate of 76 cents per share. Last year the company reported a loss of $2.57 per share. Results were helped by positive underwriting performance from all the...
9Nov2009 | vitalstocks | 0 comments | Continued(CRK) Comstock Resources Posts Loss – Falls Short of Expectations
Oil and natural gas firm Comstock Resources Inc. (CRK) reported weaker-than-expected third quarter results as low commodity prices more than offset the rise in production volumes. Loss from continuing operations came in at 28 cents per share, 2 cents wider than the Zacks Consensus...
9Nov2009 | vitalstocks | 0 comments | Continued(TIE) Titanium Metals Corporation Down in the Third Quarter
Revenues and profits for Titanium Metals Corporation (TIE) plunged in the third quarter of 2009 due to lower shipments on the back of weak demand from commercial aircraft builders and lower selling prices. Earnings per share for the country’s largest producer of titanium...
9Nov2009 | vitalstocks | 0 comments | Continued(TWGP) Tower Group’s Earnings Report Falls in Line
Tower Group Inc.‘s (TWGP) third-quarter earnings of 74 cents were in line with the Zacks Consensus Estimate. Results were affected favorably by an increase in premiums written due to the acquisitions of CastlePoint and Hermitage. Last year, the company had reported earnings...
9Nov2009 | vitalstocks | 0 comments | Continued(DRQ) Dril-Quip Beats Expectations on Higher Revenues
Dril-Quip Inc. (DRQ) reported third-quarter earnings of 72 cents per share, beating the Zacks Consensus Estimate of 67 cents and year-earlier profit of 69 cents. The favorable statistics were mainly driven by lower costs and increased product revenues. Before adjusting one-time...
9Nov2009 | vitalstocks | 0 comments | Continued(V) Visa, Incorporated – Earnings Estimates Are Up
Visa, Inc, (V) reported solid third-quarter results on Oct 27 that were better than expected, making it four of the last four quarters that the company has surprised. Revenue was up 10% from last year to $1.9 billion. Earnings also came in strong at 74 cents per share, 3 cents...
9Nov2009 | vitalstocks | 0 comments | Continued(CRZO) Top Performer for Mon: Carrizo Oil & Gas – Zacks #1 Rank Top Performers
Shares of Carrizo Oil & Gas, Inc. (CRZO) are climbing on Monday in the wake of its third-quarter report, which included adjusted earnings per share that surpassed the consensus. CRZO is beginning the week as a top-performing Zacks #1 Rank company with shares that have gained...
9Nov2009 | vitalstocks | 0 comments | Continued(INCY) Incyte Marginally Beats Earnings Estimates
Incyte‘s (INCY) third-quarter loss per share came was 39 cents, marginally better than the Zacks Consensus Estimate for a loss of 41 cents. In the year-ago quarter, the company’s loss was 48 cents. INCY reported revenues of $0.9 million, compared to $1.1 million last...
9Nov2009 | vitalstocks | 0 comments | Continued($DELL) Dell Computer Unveils XPS Adamo
Dell Inc. (DELL) finally launches the much awaited XPS Adamo laptops, the second product in the Adamo series. The company is expected to begin the shipment of the world’s most sleek laptop this month. At a 0.4 inch thickness, it is thinner than any other notebook on the...
9Nov2009 | vitalstocks | 0 comments | Continued($DD) Ei Dupont De Nemours Reaffirms Earnings Outlook
Ei Dupont De Nemours Co.(DuPont) (DD) recently announced that it expects to generate about 10% growth in the top-line during 2009-2012. The chemical giant also plans to capture $1 billion in fixed cost productivity and $1 billion in working capital productivity gains during the...
9Nov2009 | vitalstocks | 0 comments | Continued($WWE) World Wrestling Entertainment’s Earnings Top Expectations
World Wrestling Entertainment Inc. (WWE) recently reported its third quarter results. The company posted a robust earnings growth of nearly 68% to $8.9 million from $5.3 million in the year-ago quarter. Earnings per share came in at 12 cents, compared to 7 cents last year and...
9Nov2009 | vitalstocks | 0 comments | Continued(SNTS) Santarus Incorporated Reports Strong Quarter
Santarus, Inc. (SNTS) reported third-quarter earnings of 9 cents per share, surpassing the Zacks Consensus Estimate at a loss of 1 cent and the year-ago loss of 8 cents. Total revenues, consisting of net product sales, promotion revenues, and license and royalty revenues, came...
9Nov2009 | vitalstocks | 0 comments | Continued(VOLC) Volcano Corporation Beats Analyst Estimates
Volcano Corporation (VOLC) reported a net loss of 5 cents in the third quarter, narrower than the Zacks Consensus Estimate for a net loss of 12 cents. Although third-quarter revenues increased 22% from the year-ago period, earnings declined from last year’s profit of one...
9Nov2009 | vitalstocks | 0 comments | Continued(DPS) Dr. Pepper Snapple Group Inc. – $ Earnings Surprises in a Row
Dr. Pepper Snapple Group, Inc. (DPS) reported third quarter results on Nov 5 which surprised on the Zacks Consensus Estimate by 10.20%. It was the fourth earnings surprise in a row. Earnings per share for the beverage company were 54 cents compared to the Zacks Consensus Estimate...
9Nov2009 | vitalstocks | 0 comments | Continued(ROST) Ross Stores, Inc. – Analysts to Raise Estimates Soon
Ross Stores, Inc. (ROST) recently posted October sales of $557 million, a 14% year-over-year increase. Same store sales jumped 9%. The company also hiked its third-quarter guidance. Management said both sales and margins were well ahead of expectations, adding that Shoes, Dresses...
9Nov2009 | vitalstocks | 0 comments | Continued(FCX) Economists See No Inflation Problem
Analytically, there are three components to an interest rate. The first is the risk that the money will not be paid back. This is a very big factor when dealing with corporate bonds, especially junk bonds. For the U.S. government’s obligations, as the owner of a nice shiny...
9Nov2009 | vitalstocks | 0 comments | Continued(MITI) Micromet Misses Estimates
Micromet’s (MITI) third-quarter loss per share came in at 22 cents, well below the Zacks Consensus Estimate of 14 cents and a loss of 15 cents in the prior-year period. The company reported revenues of $4 million, compared to $7 million in the third quarter of 2008. Micromet...
9Nov2009 | vitalstocks | 0 comments | Continued($HNT) Health Net Beats Earnings Estimates
Health Net’s (HNT) third-quarter earnings per share came in at 67 cents, well above the Zacks Consensus Estimate of 61 cents and the year-ago earnings of 35 cents. The company reported revenues of $4 billion, an increase of 3.9% compared to the corresponding quarter of last...
9Nov2009 | vitalstocks | 0 comments | Continued(FSYS) Fuel Systems Solutions Inc. – Smashed Past the Estimates
Fuel Systems Solutions Inc. (FSYS) crushed estimates when it reported third quarter results on Nov 5. The maker of alternative fuel components blew by the Zacks Consensus Estimate of 43 cents, reporting 77 cents per share in the quarter. It was the third consecutive earnings...
9Nov2009 | vitalstocks | 0 comments | Continued(JAVA) Sun Microsystem’s Earnings Beat – Sales Lag
Sun Microsystems, Inc. (JAVA) reported results for the first quarter of fiscal 2010 in an SEC filing. Lower operating expenses and higher gross margin helped the company lower its first quarter GAAP loss to $120 million, or 16 cents per share from a loss of $1.68 billion or $2.24...
9Nov2009 | vitalstocks | 0 comments | Continued(JPM) United States Bank Failure Tally Reaches 120 in 2009
Regulators shut down 5 more banks in Georgia, Michigan, Minnesota, Missouri and California; tally hits 120 so far this year U.S. regulators on Friday shuttered five more institutions in Georgia, Michigan, Minnesota, Missouri and California , as the recession continues to take...
9Nov2009 | vitalstocks | 0 comments | Continued(APD) Air Products and Chemicals Inc Focuses on China
Atmospheric and Specialty gases company, Air Products and Chemicals Inc. (APD) recently opened its new specialty amines plant in Nanjing, China. The facility complements its existing local capabilities to support customers in the growing polyurethane additives and epoxy markets. The...
9Nov2009 | vitalstocks | 0 comments | Continued(WEN) Wendy’s-Arby’s Group Reports Earnings Meeting Consensus
Wendy’s/Arby’s Group, Inc. (WEN), the third largest fast-food restaurant operator, recently reported third-quarter 2009 results. The quarterly earnings of 6 cents a share were in line with the Zacks Consensus Estimate. The company had reported a loss of 14 cents in the prior-year...
9Nov2009 | vitalstocks | 0 comments | Continued(TSO) Tesoro Corporation Beats Expectations – Cuts Dividend in Half
Tesoro Corporation’s (TSO) third-quarter 2009 results came in significantly better than expected, helped by better demand balance in the company’s key West Coast region. Earnings per share came in at 24 cents, against Zacks Consensus Estimate of a penny loss. Tesoro’s outperformance...
9Nov2009 | vitalstocks | 0 comments | Continued(PRU) Prudential Financial Beats, Ups Guidance
Prudential Financial Inc.’s (PRU) third-quarter earnings of $1.59 per share was well ahead of the Zacks Consensus Estimate of $1.33. Results also topped prior-year period’s earnings of $1.02 per share. The upside was driven primarily by strong annuity sales and market appreciation. Prudential...
8Nov2009 | vitalstocks | 0 comments | Continued(KIM) Kimco Realty’s Funds From Operations Declines
Kimco Realty Corporation (KIM), a real estate investment trust (REIT) operating the largest portfolio of neighborhood and community shopping centers in North America, has reported a decline in third quarter 2009 FFO (fund from operations) to $112.6 million or 30 cents per share...
8Nov2009 | vitalstocks | 0 comments | Continued