Archive for December, 2009
(GES) Guess? Beats Expectations by a Penny
Guess? Inc. (GES) reported third quarter results with earnings of 69 cents per share, which was a penny above the Zacks Consensus Estimate of 68 cents. Quarterly earnings were up 3% year-over-year. Net sales for the quarter were almost flat year-over-year increasing 1% to $522...
1Dec2009 | vitalstocks | 0 comments | Continued(ALTR) Altera Corporation Ups Earnings Guidance
Altera Corporation (ALTR) upgraded its guidance for the fourth quarter of 2009. The company now expects sales to increase by 15% – 18% from the third quarter level of $287 million, up from the previous guidance of sales growth around 6% – 10%. Management expects revenues...
1Dec2009 | vitalstocks | 0 comments | ContinuedDec 1: ISM Manufacturing Down – Economic Highlights
The ISM Manufacturing Index decreased to 53.6 in November from the 55.7 level in October, which is less than the expected increase to 55, which is the 4th consecutive month of expansion in the manufacturing sector, as indicated by an index value above 50, following 18 months...
1Dec2009 | vitalstocks | 0 comments | Continued(WXS) Wright Express Corporation – Surprised by 14.29% in the Third Quarter
Wright Express Corporation (WXS) has surprised on estimates 3 out of the last 4 quarters by an average of 28.83%. The company has an industry beating 1-year return on equity (ROE) of 21.2%. Company Description Wright Express provides payment processing and information management...
1Dec2009 | vitalstocks | 0 comments | Continued(NUS) Nu Skin Enterprises – Strong Momentum – Bullish Forecasts
Nu Skin Enterprises (NUS) recently hiked its earnings outlook and analysts followed suit. Shares of NUS continue to outpace the market, trading near a 52-week high. The company also recently declared a quarterly dividend of $0.115 per share. Company Description Nu Skin Enterprises...
1Dec2009 | vitalstocks | 0 comments | Continued(HRBN) Harbin Electric – Analyst Drastically Raised Full-Year Estimates
Harbin Electric, Inc. (HRBN) analysts are raising estimates after a record-setting quarter. Company Description Harbin makes various electric motors for a variety of Chinese industries including factory automation, transportation, and medical devices. The company is headquartered...
1Dec2009 | vitalstocks | 0 comments | Continued(NEU) NewMarket Corporation – Higher Estimates and Solid Momentum
NewMarket Corporation (NEU) saw robust third-quarter results and hiked its dividend. Earnings per share of $3.88 soared past the Zacks Consensus Estimate by 81% and came in well above last year’s $1.07. NewMarket’s dividend of 37.5 cents is 12.5 cents higher than...
1Dec2009 | vitalstocks | 0 comments | Continued(CAT) Caterpillar, Incorporated – Bull of the Day
Caterpillar (CAT) is a market leader in construction and mining equipment, diesel and natural gas engines, and industrial gas turbines. With its strong brand name, pricing power, and global dealer network, we believe Caterpillar is well positioned to take advantage of the growing...
1Dec2009 | vitalstocks | 0 comments | Continued(ETN) How To Profit From The Chocoholic’s Worst Nightmare
by Tony Daltorio, Investment U Research In the volatile world of commodity investing, they’re called “softs.” But we know them as commodities like coffee, sugar, orange juice and cocoa. And when it comes to investing, the latter represents an excellent opportunity ...
1Dec2009 | InvestmentU | 0 comments | Continued(BA) Boeing Tests 787 Dreamliner
Boeing Co. (BA) has completed the static test necessary to validate the side-of-body modification made to the 787 Dreamliner. The company expects a full analysis of the test results to be concluded in approximately 10 days. A successful test result is needed to clear the airplane...
1Dec2009 | vitalstocks | 0 comments | Continued(CVX) Chevron Corporation’s Gorgon Project Takes Off
Chevron Corp. (CVX) – the second-biggest U.S. energy company – started work on its massive A$43 billion ($37 billion) Gorgon liquefied natural gas (LNG) venture in Australia. Chevron Australia has a 47.75% operated interest in the prospect, with the other partners being ExxonMobil...
1Dec2009 | vitalstocks | 0 comments | Continued(GE) Vivendi to Sell NBC Universal Stake to General Electric Co for Comcast Deal
General Electric Co. (GE) and Vivendi SA (VIV) have agreed in principle to a deal in which the former would buy the French company’s 20% stake in NBC Universal for $5.8 billion, valuing NBC Universal at $29 billion. Vivendi had originally valued its 20% stake in NBC Universal,...
1Dec2009 | vitalstocks | 0 comments | Continued(BA) Institute for Supply Management’s Manufacturing Index Slips 2 Points
In November, the Institute for Supply Management’s manufacturing index slipped to 53.6 from 55.7 in October. While disappointing, the index remains above 50, which indicates that the manufacturing side of the economy is still expanding. It is also the second-highest reading...
1Dec2009 | vitalstocks | 0 comments | Continued($BAC) Bank of America to Issue Commercial Mortgage Backed Securities
The Bank of America (BAC) is planning to sell $460 million of commercial mortgage backed securities (CMBS). The issue with a term of seven years will be collateralized by office buildings and industrial facilities in Florida. Fortress Investment Group (FIG) will back the deal....
1Dec2009 | vitalstocks | 0 comments | Continued(QCOM) Long Term Evolution (LTE) Chipset Market Flourishing
Long Term Evolution (LTE) technology is ahead in the race of the most sought after next-generation (4G) wireless network standard in the market. The 4G wireless networks are aiming to cope with substantial demand for high-speed wireless data services and mobile video. The growing...
1Dec2009 | vitalstocks | 0 comments | Continued(RCI) Rogers Communications Launches TV Everywhere
Rogers Communications Inc. (RCI) has started its TV Everywhere service, named “On Demand Online” in Canada, offering more than 1,000 hours of content from almost 50 broadcast and cable programming partners. TV Everywhere is basically a broadband video service that will...
1Dec2009 | vitalstocks | 0 comments | Continued(COMS) 3Com Wins Government Contracts
The Court of Justice in Sao Paulo, Brazil and the government of British Columbia, Canada have selected 3Com (COMS) products. The networking major will supply its H3C high-end multi-service routing switches to the Court of Justice. The company’s switches have been selected for...
1Dec2009 | vitalstocks | 0 comments | Continued($SYK) Stryker Corporation Set for Acquisition
Stryker Corporation (SYK) is set to acquire privately-held Ascent Healthcare Solutions Inc., the market leader in the reprocessing and remanufacturing of medical devices in the U.S. The all-cash transaction is valued at $525 million. The acquisition is expected to close by the...
1Dec2009 | vitalstocks | 0 comments | Continued(S) Sprint-Nextel to Axe QChat
Sprint Nextel (S) is reportedly discontinuing using Qualcomm’s (QCOM) QChat technology that enables push-to-talk walkie-talkie services on Sprint-branded phones. The third-largest US wireless carrier will stop offering any new devices and services based on this technology....
1Dec2009 | vitalstocks | 0 comments | Continued