Archive for January, 2010
(OI) Owens-Illinois Moderately Beats Consensus Estimates
Owens-Illinois, Inc. (OI) reported encouraging results for the fourth quarter and full year 2009. During the fourth quarter of 2009, EPS was $0.49, up from $0.45 in the fourth quarter of 2008. Reported EPS was slightly above the Zacks Consensus Estimate of $0.47. Full-year 2009...
30Jan2010 | vitalstocks | 0 comments | Continued(AZN) AstraZeneca Misses Expectations – Guidance Disappoints
Yesterday, AstraZeneca’s (AZN) fourth quarter earnings came in at $1.42 per American Depositary Shares (ADS), well below the Zacks Consensus Estimate of $1.57. However, earnings increased 13.6% compared to the year-ago period. Revenues increased 4% at constant exchange rates...
30Jan2010 | vitalstocks | 0 comments | Continued(AEP) American Electric Power Company Surpasses Estimates
American Electric Power Company Inc. (AEP) released stable fourth quarter results before the opening bell yesterday. In the reported quarter, the company beat the Zacks Consensus Estimate of 46 cents by four cents with an EPS of 50 cents. The uptrend was witnessed in fiscal 2009...
30Jan2010 | vitalstocks | 0 comments | Continued(TXT) Textron Tops Expectations – Outlook Disappoints
Textron Inc. (TXT) posted a narrower GAAP net loss of $63 million, compared to a loss of $209 million in the year-ago quarter. Excluding certain special items, earnings per share came in at 15 cents, which surpassed the Zacks Consensus Estimate of 9 cents derived from 10 covering...
30Jan2010 | vitalstocks | 0 comments | Continued(CACI) CACI International Beats Consensus Estimates
CACI International Inc (CACI) reported revenues of $776.7 million in the second fiscal quarter, up 15.5% from the year-ago quarter. The increase in revenues was driven by a 13% organic growth propelled by the continued strong performance of defense and intelligence businesses. Based...
30Jan2010 | vitalstocks | 0 comments | Continued(BEN) Franklin Resources Benefits from New Assets
Franklin Resources Inc’s (BEN) first-quarter earnings of $1.54 per share were ahead of the Zacks Consensus Estimate of $1.47. Results were also ahead of the prior-year period’s earnings of 52 cents. The better-than-expected results reflected a greater inflow of cash in its...
30Jan2010 | vitalstocks | 0 comments | Continued(MAT) Mattel Incorporated Beats Expectations as Barbie Jumps
Mattel Incorporated (MAT) reported fourth quarter earnings of 89 cents per share. Excluding a tax benefit in the quarter, the company has earned 81 cents per share. The results are well ahead of the Zacks Consensus Estimate of 68 cents. The company had earned 49 cents in the...
30Jan2010 | vitalstocks | 0 comments | Continued(EK) Eastman Kodak Company Surpasses Expectations
Eastman Kodak Company (EK) reported results for the fourth quarter and fiscal year 2009. Kodak reported earnings from continuing operations of $439 million, or $1.36 per share, compared to a loss of $914 million or $3.40 per share in the fourth quarter of 2008. Reported EPS...
30Jan2010 | vitalstocks | 0 comments | Continued(CCI) Crown Castle International Beats Expectations
Crown Castle International Inc. (CCI) declared better than expected fourth quarter 2009 financial results. Quarterly net income was $13 million or 4 cents per share compared to a net loss of $69 million or a loss of 24 cents per share in the year-ago quarter. Fourth quarter EPS...
30Jan2010 | vitalstocks | 0 comments | Continued(FO) Fortune Brands Beats the Street – Guidance Falls
Fortune Brands Inc. (FO) reported fourth quarter results before the opening bell today. The company swung to a net income of $11.5 million from a net loss of $281.3 million in the year-ago quarter. Excluding special items, earnings per share came in at 66 cents, which topped...
30Jan2010 | vitalstocks | 0 comments | Continued(SXL) Sunoco Logistics Partners’ Profit Drops
Sunoco Logistics Partners L.P. (SXL) – a master limited partnership (MLP) ? announced weaker-than-expected fourth quarter results, hurt by lower earnings in the Crude Oil Pipeline System segment. The partnership reported earnings per unit (EPU) of $1.30, below the Zacks Consensus...
30Jan2010 | vitalstocks | 0 comments | Continued(SOA) Solutia Incorporated – Earnings Double Expectations
Solutia Inc. (SOA) shares are soaring after this week’s earnings news. Earnings per share came in at more than twice the Zacks Consensus Estimate. Company Description Solutia makes chemical and engineered materials for consumer and industrial applications. The company’s...
30Jan2010 | vitalstocks | 0 comments | Continued(CELG) Celgene Reports Earnings Ahead of Estimates
This morning, Celgene Corp. (CELG) reported fourth quarter and full year results for fiscal 2009. Quarterly Results The company earned 62 cents per share in the fourth quarter as opposed to 43 cents in the year-ago quarter. The Zacks Consensus Estimate for the quarter was 57...
30Jan2010 | vitalstocks | 0 comments | Continued(AMZN) Amazon.com’s Profits Up as Margins Slide
Amazon.com’s (AMZN) fourth quarter earnings beat the Zacks Consensus Estimate by 14 cents. AMZN’s results were driven by the very strong revenue growth characteristic of a recession-free fourth quarter. This is very encouraging, as Amazon.com appears to be one of the...
30Jan2010 | vitalstocks | 0 comments | Continued(CSCO) The Smart Grid Revolution: Two Tech Stocks Ready to Profit
by David Fessler, Energy and Infrastructure Expert Thursday, January 28, 2010: Issue #1185 One of the key areas of focus at the Conference on Innovative Smart Grid Technologies was on how to foster seamless communication between the various devices on the Smart Grid. That’s...
30Jan2010 | InvestmentU | 0 comments | Continued(LMT) Lockheed Martin Corporation Shoots Past Estimates
Before markets opened today, Lockheed Martin Corporation (LMT) reported strong fourth quarter fiscal 2009 results and raised its fiscal outlook. In the reported quarter with EPS of $2.17, the company beat both the Zacks Consensus Estimate and the year-ago EPS of $1.98 and $2.05,...
30Jan2010 | vitalstocks | 0 comments | Continued(AMLN) Amylin Pharmaceuticals Misses Earnings Estimates
Amylin Pharmaceuticals (AMLN) reported a net loss of 32 cents per share in the fourth quarter of 2009, five cents wider than the Zacks Consensus Estimate of 27 cents. The company had reported a net loss of 37 cents in the year-ago quarter. For the full year 2009, net loss came...
30Jan2010 | vitalstocks | 0 comments | Continued(TROW) T. Rowe Price Group Price Results Improve
T. Rowe Price Group, Inc.’s (TROW) fourth quarter 2009 earnings of 57 cents per share came in ahead of the Zacks Consensus Estimate of 55 cents due to higher-than-expected top-line growth and higher assets under management (AUM). Earnings per share were drastically up from...
30Jan2010 | vitalstocks | 0 comments | Continued(PCAR) PACCAR Maintains Profitability
PACCAR Inc. (PCAR) has posted a profit of $57.5 million or 16 cents per share (excluding special items), compared to $113.1 million or 31 cents per share in the same quarter of 2008. With this, the company outdid the Zacks Consensus Estimate of 7 cents per share. Net sales and...
30Jan2010 | vitalstocks | 0 comments | Continued(GOOG) The Number One Reason Why Google Failed In China – And It’s A Big One
by Tony Daltorio, Investment U Research Thursday, January 28, 2010 It’s been 16 years since China allowed its first Internet connection. And it’s been 16 years since everybody outside began speculating about exactly what that meant for the Communist country. Western governments...
30Jan2010 | InvestmentU | 0 comments | Continued($AMZN) Amazon.com Soars After Reported Net Sales Gain
The holiday season was very good to Amazon.com, Inc. (AMZN) as the world’s most recognized online retailer reported fourth-quarter EPS and sales that soared year over year and beat expectations. A day after Apple introduced the iPad, which is likely to be big competition...
30Jan2010 | vitalstocks | 0 comments | Continued(PH) Parker Hannifin Corporation – Strong Quarterly Showing
Parker Hannifin Corp. (PH) is stepping up its game in the tough economy, creating a “Win Strategy” to increase operational efficiencies and drive profits. The company’s recent Q2 results came in ahead of expectations. Company Description Parker Hannifin Corp....
30Jan2010 | vitalstocks | 0 comments | Continued(GR) Goodrich Gives Lackluster Results
Goodrich Corp. (GR) reported a 37.4% year-over-year decline in fourth quarter earnings from continuing operations to $105.5 million. Earnings per share came in at 83 cents per share, which was well below the Zacks Consensus Estimate of 89 cents. The company, which supplies aerospace...
30Jan2010 | vitalstocks | 0 comments | Continued(OLN) Olin Corporation – 333rd Consecutive Quarterly Dividend Paid
Olin Corporation (OLN) recently reported fourth-quarter results, which included earnings per share that topped the Zacks Consensus Estimate by 40%. The company also declared a dividend of 20 cents per share. It is the 333rd consecutive quarterly dividend paid by Olin and translates...
30Jan2010 | vitalstocks | 0 comments | Continued(UAUA) UAL Corporation’s Loss Narrows
UAL Corporation (UAUA) reported a fourth quarter loss of $1.05 per share, better than the Zacks Consensus Estimate of a loss of $1.47. Last year, the loss was $4.31. The company’s loss narrowed during the quarter due to an improvement in demand for business and premium...
30Jan2010 | vitalstocks | 0 comments | Continued(CNX) CONSOL Energy Reports Better Than Expected Earnings
Coal producer CONSOL Energy Inc. (CNX) posted earnings from continuing operations of 78 cents per share in the fourth quarter, higher than the Zacks Consensus Estimate of 74 cents but below the 97 cents reported a year ago. The better-than-expected results came on the back of...
30Jan2010 | vitalstocks | 0 comments | Continued(GFA) Gafisa S.A. – Bull of the Day
We are reiterating our Outperform recommendation on Gafisa S.A. (GFA). We have been encouraged by the Stimulus Package and the tax relief announced by the Brazilian government during 2009 and the strong economic recovery of the Brazilian internal market since the onset of the...
30Jan2010 | vitalstocks | 0 comments | Continued(SNDK) SanDisk Blows Past Earnings Estimates
Sandisk’s (SNDK) fourth quarter 2009 earnings of $1.18 per share exceeded the Zacks Consensus EPS by 56 cents. Revenue Total revenue for the quarter was $1.24 billion, up 44.0% on a year-over-year basis and up 33.0% on a sequential basis. Revenue for the quarter exceeded the...
30Jan2010 | vitalstocks | 0 comments | Continued(CVX) Chevron Corporation Misses Estimates on Weak Refining
Chevron Corporation (CVX) posted weaker-than-expected fourth-quarter 2009 earnings, pulled down by sharply lower downstream results on the back of depressed refining margins. This was partially offset by higher commodity prices and growing production in its upstream segment. Earnings...
30Jan2010 | vitalstocks | 0 comments | Continued(NWL) Newell Rubbermaid Reports Earnings In-Line
Newell Rubbermaid Inc. (NWL), the maker of Sharpie pens, Calphalon cookware and Rubbermaid containers, reported fourth quarter and full-year 2009 recurring earnings of $0.27 and $1.31 per share respectively, compared to recurring earnings of $0.11 and $1.21 in the same period...
30Jan2010 | vitalstocks | 0 comments | Continued