Archive for January, 2010
(GSK) GlaxoSmithKline – Bear of the Day
GlaxoSmithKline (GSK) reported third quarter income of $0.92 per American Depository Share (ADS), 3 cents below the Zacks Consensus Estimate. The company reported earnings of $0.94 in the year-ago period. Third quarter revenue increased 3%. While the company’s diversified...
23Jan2010 | vitalstocks | 0 comments | Continued(AXP) American Express Company Beats on Lower Credit Losses
American Express Company’s (AXP) fourth quarter earnings from continuing operations of 59 cents per share were ahead of the Zacks Consensus Estimate of 56 cents. This also compares favorably to an earnings from continuing operations of 26 cents in the prior-year quarter. Including...
23Jan2010 | vitalstocks | 0 comments | Continued(CYMI) Cymer Incorporated – Earnings Beat By 140% in the Third Quarter
Cymer, Inc. (CYMI) has seen demand pick up for its light sources as the semiconductor industry ramps up production. CYMI has surprised on estimates 2 out of the last 4 quarters by an average of 45.64%. Cymer is trading at 14.8x forward earnings. Company Description Cymer manufactures...
23Jan2010 | vitalstocks | 0 comments | Continued(COF) Capital One Financial’s Revenue Surpasses
Capital One Financial Corp.’s (COF) fourth quarter net income from continuing operations of 90 cents per share was substantially better than the Zacks Consensus Estimate of 45 cents. This also compares favorably to a net loss of $3.67 per share in the year-ago period. Results...
23Jan2010 | vitalstocks | 0 comments | Continued(WPO) The Washington Post Company Ups Dividend
The Washington Post Company (WPO) recently boosted shareholders’ dividend by 4.7%. The Board of Directors has approved an increase in the annual dividend to $9.00 (or $2.25 quarterly) from $8.60 per share (or $2.15 quarterly). The Washington Post said that the increased quarterly...
23Jan2010 | vitalstocks | 0 comments | Continued(ACS) Affiliated Computer Services Beats Forecasts on Strong New Signings
Operating Performance Affiliated Computer Services, Inc. (ACS) reported second-quarter 2010 pro forma earnings of $1.07 per share, an increase of 25.9% from 85 cents reported in the year-ago period. Earnings for the quarter beat the Zacks Consensus Estimate of 99 cents a share...
23Jan2010 | vitalstocks | 0 comments | Continued(SIRI) SIRIUS XM Radio Boosts Subscriber Base
Satellite radio service provider SIRIUS XM Radio Inc. (SIRI) announced that it generated significant subscriber growth during the fourth quarter of 2009. The company added 257,028 net subscribers during that quarter, which brings fiscal 2009 to a total subscriber base of 18,772,758....
23Jan2010 | vitalstocks | 0 comments | Continued(BNI) Burlington Northern Santa Fe Corporation Exceeds Estimates
Burlington Northern Santa Fe Corp. (BNI), commonly known as BNSF, reported fourth quarter earnings of $1.30 per share from continuing operations. Results were ahead of the Zacks Consensus Estimate of $1.22. Earnings were down 31.5% from $1.78 per share last year. Results were...
23Jan2010 | vitalstocks | 0 comments | Continued(GOOG) Google Beats Expectations by 37% – Shares Down
Google Inc. (GOOG) reported another strong quarter, with earnings beating the Zacks consensus by 44 cents and revenue beating by around 37%. Shares were on an uptrend during the day, but fell off slightly after hours. Revenue Gross revenue of $6.67 billion was up 12.3% sequentially...
23Jan2010 | vitalstocks | 0 comments | Continued(ACV) Alberto Culver Company – 14% Growth Projections
Alberto Culver Co. (ACV) continues to pressure its 52-week high just above $29 on rising estimates and a bullish next-year estimate of 14%. Company Description Alberto-Culver Co and its subsidiaries specialize in developing consumer and household products that it sells both domestically...
23Jan2010 | vitalstocks | 0 comments | Continued(TSPT) Transcept Met With U.S. FDA Intermezzo
On January 20, 2010, Transcept (TSPT) management met with the U.S. FDA to discuss the complete response letter issued last October on Intermezzo. The letter brought up issues on potential inadvertent re-dosing in a single night and inadvertent dosing with less than four hours...
23Jan2010 | vitalstocks | 0 comments | Continued(NEU) NewMarket Corporation – Higher Estimates and Solid Momentum
NewMarket Corporation (NEU) is seeing bullish forecasts ahead of reporting in early February. Analysts polled by Zacks are calling for full-year 2009 earnings of $11.07, an upward revision from $8.37 over the past 3 months. Company Description NewMarket Corporation develops,...
23Jan2010 | vitalstocks | 0 comments | Continued(GE) General Electric Company’s Earnings Exceeds Estimates
General Electric Company (GE) reported fourth quarter 2009 earnings per share from continuing operations of 28 cents, exceeding the Zacks Consensus Estimate of 26 cents. Revenues were $41.4 billion for the quarter and $157 billion for the year. Revenues by Segment Fourth-quarter...
23Jan2010 | vitalstocks | 0 comments | Continued(IGT) International Game Technology Beats Expectations – Reaffirms Guidance
Earnings International Game Technology (IGT), a leading slot machine developer, reported adjusted earnings of 24 cents per share in the first quarter of 2010, beating the Zacks Consensus Estimate of 20 cents a share by 4 cents. Quarterly earnings of 21 cents per share increased...
23Jan2010 | vitalstocks | 0 comments | Continued(CMCSA) Faltering Earnings Momentum at Comcast
Comcast‘s (CMCSA) earnings outlook appears far less robust than in the recent past. The cable giant is scheduled to report fourth-quarter 2009 results on February 3. The current Zacks Consensus Estimate for the quarter is 27 cents, which has seen no revisions in the last...
23Jan2010 | vitalstocks | 0 comments | Continued(DD) A Very Busy Week Ahead – Earnings Preview
Earnings Preview 1/22/10 Next week is the heart of the 4Q09 earnings season. There will be a total of 503 firms reporting including 136 members of the S&P 500, and fully one third of the Dow 30. These will include such bellwethers as DuPont (DD), Johnson & Johnson (JNJ),...
23Jan2010 | vitalstocks | 0 comments | Continued(MCD) McDonald’s Corporation’s Earnings Jump
McDonald’s Corporation (MCD) reported robust fourth-quarter 2009 results driven by effective cost control, value offerings and premium products, and a rise in comparable-store sales across all regions. McDonald’s quarterly earnings of $1.03 per share, excluding one-time items,...
23Jan2010 | vitalstocks | 0 comments | Continued(ARO) Consumers Love This Trendy Teen Retailer – And Your Portfolio Will Too
by Jeannette Di Louie, Investment U Research Friday, January 22, 2010 Investing in retail can be risky these days, unless you invest in clothing retailers, where it’s completely insane. High jobless rates and continuing economic fears have Western consumers edgy. And since...
23Jan2010 | InvestmentU | 0 comments | Continued(STI) SunTrust Reports Narrower Losses
SunTrust Bank Inc.’s (STI) fourth quarter operating loss of 64 cents per share was lower than the Zacks Consensus Estimate of a loss of 75 cents. Last year, the company reported a loss of $1.07 per share. Net loss was $316.4 million versus $374.9 million last year. Results...
23Jan2010 | vitalstocks | 0 comments | Continued(CNP) CenterPoint Energy Raises Dividend
CenterPoint Energy Inc. (CNP) raised quarterly dividend on its common stock by 2.6% to 19.5 cents from 19 cents per share. The dividend is payable on Mar 10, 2010, to shareholders of record as on Feb 16, 2010. This is CenterPoint Energy’s fifth consecutive yearly hike in its...
23Jan2010 | vitalstocks | 0 comments | Continued(ISRG) Intuitive Surgical Beats Consensus Estimate
Intuitive Surgical, Inc. (ISRG) reported strong fourth quarter and full fiscal 2009 results. For the fourth quarter, earnings per share were $1.95, beating the Zacks Consensus Estimate of $1.71 and the year-ago earnings of $1.27. For fiscal 2009, earnings per share were $5.93,...
23Jan2010 | vitalstocks | 0 comments | Continued(GE) Choosing Dividend Stocks: Six Steps For Finding Safe, High-Yield Investments
by Louis Basenese, Small Cap and Special Situations Expert Friday, January 22, 2010: Issue #1181 The latest tally from famed professor, Jeremy Siegel – author of the investing classic, Stocks for the Long Run - proves that dividend stocks are still the best investment. Period. Yet...
23Jan2010 | InvestmentU | 0 comments | Continued(NVS) Novartis AG’s MS Therapy Advances
Novartis AG (NVS) recently published full results on its oral multiple sclerosis (MS) therapy FTY720 (fingolimod) in the New England Journal of Medicine. These results were from two pivotal phase III studies, TRANSFORMS and FREEDOMS, which demonstrated that FTY720 reduced the...
23Jan2010 | vitalstocks | 0 comments | Continued(CVC) Federal Communications Commission Abolishes Terrestrial Loophole
In a major move, the US telecom regulator Federal Communications Commission (“FCC”) recently voted for the elimination of the so-called “Terrestrial Loophole” regulation that so far allowed cable operators to block competitors’ access to some popular video programming....
23Jan2010 | vitalstocks | 0 comments | Continued(AMD) Advanced Micro Devices Beats Expectations – Revenue & Profits Leap
Advanced Micro Devices (AMD) continued to strengthen in the fourth quarter, with pro forma earnings beating the Zacks Consensus Estimate by 14 cents. Its settlement with Intel Corporation (INTC) added a dollar and 57 cents to GAAP earnings. Revenue exceeded the Zacks consensus...
23Jan2010 | vitalstocks | 0 comments | Continued(TEF) Telefonica Wraps Jajah Acquisition
Spanish Telecom giant Telefonica’s (TEF) subsidiary O2 has officially wrapped up the acquisition of VoIP (Internet phone) services and application specialist Jajah Inc. following the approval of the Spanish Competition Authority (“CNC”). Telefonica will keep the Jajah...
23Jan2010 | vitalstocks | 0 comments | Continued(UNH) UnitedHealth Group Beats Estimates
UnitedHealth Group’s (UNH) fourth quarter earnings of 81 cents per share were well ahead of the Zacks Consensus Estimate of 73 cents. Results were also ahead of the prior-year period’s earnings of 60 cents. The better-than-expected results reflected strong contributions from...
21Jan2010 | vitalstocks | 0 comments | Continued(TSS) Total System Services Beats by a Penny
Yesterday, Total System Services Inc. (TSS) reported fourth quarter as well as full-year earnings for fiscal 2009. Quarterly Results The company also known as TSYS earned 31 cents per share from continuing operations in the fourth quarter as opposed to 34 cents in the year-ago...
21Jan2010 | vitalstocks | 0 comments | Continued(STX) Seagate Technology’s Encouraging Numbers
Seagate Technology Inc. (STX) reported second quarter 2010 earnings per share of 105 cents, exceeding the Zacks Consensus Estimate of 65 cents. Revenue The company reported revenues of $3 billion up 33.3% from the year-ago period and 14% sequentially. The increase in revenue...
21Jan2010 | vitalstocks | 0 comments | Continued(UNP) Union Pacific Beats on Lower Costs
Union Pacific Corp.’s (UNP) fourth quarter earnings of $1.08 per share were ahead of the Zacks Consensus Estimate of $1.04. However, this compares unfavorably with earnings of $1.31 per share in the prior-year quarter. The deterioration in Union Pacific’s results from the...
21Jan2010 | vitalstocks | 0 comments | Continued