Archive for January, 2010
(TEVA) Teva Pharmaceutical Industries Outlines Long-Term Goals
Teva Pharmaceutical Industries Ltd. (TEVA) recently presented an update on its long-term goals and stated that it is looking to double its revenues by 2015 and achieve net income margins of 22%. Teva expects to achieve revenues of $31 billion and net income of $6.8 billion, or...
20Jan2010 | vitalstocks | 0 comments | Continued(FXI) Is China Following America Into a Real Estate Bubble?
This analysis if from Martin Denholm, Senior Editor, Investment U Wednesday, January 20, 2010 “Progress, far from consisting in change, depends on rententiveness. Those who cannot remember the past are condemned to repeat it.” — George Santayana China would do well to...
20Jan2010 | InvestmentU | 0 comments | Continued(ACL) Alcon Strengthens Product Pipeline
Alcon, Inc. (ACL) continues to work on expanding its product portfolio. The company recently entered into an agreement with Sirion Therapeutics, Inc. for the purchase of rights to two topical eye care products, Durezol and Zirgan. Both products have been approved by the US Food...
20Jan2010 | vitalstocks | 0 comments | Continued(NTRS) Northern Trust Corporation Outdoes Consensus
Northern Trust Corporation’s (NTRS) fourth quarter earnings of 82 cents per share were ahead of the Zacks Consensus Estimate of 67 cents. Last year, the company reported a gain of $1.47 per share. Net income was $200.3 million versus $342.3 million last year. Earnings were...
20Jan2010 | vitalstocks | 0 comments | Continued(EIA) Oil & Gas Stock Outlook – January 2010 – Industry Outlook
Crude Oil The improving economic scene, both here in the U.S. as well as worldwide, is the main driver of the current oil rally that has seen the commodity settling around the $80 per barrel level. But high levels of product inventories (particularly gasoline), along with still...
20Jan2010 | vitalstocks | 0 comments | Continued(SUPX) Supertex Beats Earnings Estimates
Supertex, Inc. (SUPX) reported net sales of $16.7 million, up 5% sequentially but down 5% year over year. The sequential growth came from all target markets. Headquartered in California, Supertex designs and sells high-voltage analog and mixed signal Integrated Circuits (IC)...
20Jan2010 | vitalstocks | 0 comments | Continued(SCHW) Charles Schwab Corporation Misses Expectations by a Penny
Charles Schwab Corporation’s (SCHW) fourth quarter fiscal 2009 earnings of 14 cents per share were a penny short of the Zacks Consensus Estimate. However, this compares unfavorably with earnings of 27 cents in the year-ago quarter. The earnings for the quarter were also consistent...
20Jan2010 | vitalstocks | 0 comments | Continued(IBM) IBM Earnings Beat Expectations – In-Depth
Guidance and Analysis International Business Machine’s (IBM) fourth-quarter 2009 results were upbeat, with better-than-expected revenue, margins and profitability. IBM had won an impressive amount of new services contract signings, and the company has raised its earnings forecast...
20Jan2010 | vitalstocks | 0 comments | Continued(OGE) OGE Energy Corporation Hikes Earnings Guidance
OGE Energy Corporation (OGE) expects its fiscal 2009 earnings to exceed the previously announced guidance range of $2.30 – $2.60 per share. This also exceeds the Zacks Consensus Estimate of $2.49 per share for fiscal 2009. The primary drivers for OGE Energy’s higher 2009...
20Jan2010 | vitalstocks | 0 comments | Continued(SPLS) Staples Analyst Initiates Coverage At Neutral
Recently, we initiated coverage on Staples, Inc., (SPLS) with a Neutral rating and a price target of $26.00. Staples is a leading retailer of office products and services. The company distributes its products in North America and globally. The products sold by Staples include...
20Jan2010 | vitalstocks | 0 comments | Continued(JNJ) Johnson and Johnson Tastes Success with Stelara
Johnson and Johnson (JNJ) has been in news in the last few days, but for the wrong reasons – product recall and allegations of bribery. However, the company received some good news recently on one of its products. Johnson and Johnson announced findings from a phase III clinical...
20Jan2010 | vitalstocks | 0 comments | Continued(JEC) Jacobs Engineering Group Receives New Contract From Hyundai Engineering
Jacobs Engineering Group Inc. (JEC) received a contract from Hyundai Engineering Co., Ltd. to license and design its proprietary SUPERCLAUS® technology for a desulphurization unit at a new gas plant in Turkmenistan. However, the contract or investment value was not disclosed. South...
20Jan2010 | vitalstocks | 0 comments | Continued(NETC) NET Servicos de Comunicacao S.A. Upgraded to Outperform
We upgrade our recommendation for NET Servicos de Comunicacao S.A. (NETC) to Outperform. Since 2005, the company has been posting impressive operating results Incorporatedluding continued growth in its subscriber base Incorporatedreasing average revenue per user, strong growth...
20Jan2010 | vitalstocks | 0 comments | Continued(PGN) Progress Energy Lowers Earnings Guidance
Progress Energy Inc. (PGN) provided 2010 earnings and lowered its 2009 guidance, due to the lingering effects of the economic recession and the recent unfavorable regulatory decision. The company expects 2010 earnings to be in the range of $2.85 to $3.05, which reflects the adjusted...
20Jan2010 | vitalstocks | 0 comments | Continued(USB) US Bancorp Outdoes Consensus Expectations
US Bancorp (USB) has reported fourth quarter earnings of $602 million or 30 cents per share, 2 cents ahead of the Zacks Consensus Estimate. Results were driven by higher revenue. Results were flat compared to the prior quarter and up from the year-ago quarter when the company...
20Jan2010 | vitalstocks | 0 comments | Continued(NTRI) NutriSystem Incorporation – Strong Earnings Sent Shares Higher
NutriSystem Inc. (NTRI) is receiving industry recognition as analysts hike estimates. The Zacks Consensus Estimate shows earnings growth of 53% in 2010. Company Description NutriSystem Inc., provider of weight management products and services, sells its products direct to the...
20Jan2010 | vitalstocks | 0 comments | Continued(PCLN) Priceline.com – Earnings Report Crushed Estimates
Priceline.com Inc. (PCLN) continued its impressive earnings history with another surprise. Analysts continue to raise estimates heading into the next report, which should be within the next few weeks. Company Description Priceline.com Incorporated has pioneered a unique e-commerce...
20Jan2010 | vitalstocks | 0 comments | Continued(NETC) Net Servicos S.A. – Bull of the Day
We upgrade our recommendation for NET Servicos (NETC) to Outperform. Since 2005, the company has been posting impressive operating results Incorporatedluding continued growth in its subscriber base Incorporatedreasing average revenue per user, strong growth in its broadband and...
20Jan2010 | vitalstocks | 0 comments | Continued(CNXT) Conexant Systems Files Shelf Registration With SEC
Conexant Systems Inc. (CNXT) has recently announced the filing of a universal shelf registration statement with the Securities and Exchange Commission (SEC). Once the shelf registration statement gets declared, Conexant will have the option to offer and sell up to $100 million...
20Jan2010 | vitalstocks | 0 comments | Continued(CVS) CVS Caremark – Bear of the Day
CVS Caremark’s (CVS) third quarter earnings came in at $0.65, a cent above the Zacks Consensus Estimate and higher than $0.60 reported in the year-ago period. Revenues increased 18.2% year over year to $24.6 billion driven by robust growth of both the Pharmacy Services...
20Jan2010 | vitalstocks | 0 comments | Continued(OKE) ONEOK Provides 2010 Outlook
Yesterday, ONEOK Inc. (OKE) and its limited partnership ONEOK Partners L.P. (OKS) updated their 2009 outlook and provided 2010 earnings guidance. ONEOK raised its 2009 earnings guidance in the range of $2.85 -$2.89 per share, on the high end of its previous guidance of $2.65...
20Jan2010 | vitalstocks | 0 comments | Continued(FSLR) First Solar Joins PNM Resources to Build Plants in New Mexico
First Solar Inc. (FSLR) has signed a contract with PNM Resources Inc. (PNM) to build 22 MW photovoltaic solar power plants in New Mexico. PNM Resources has to add 45 MW of utility-scale solar Photovoltaic capacity by 2011 in terms of its commitment to New Mexico’s environmental,...
20Jan2010 | vitalstocks | 0 comments | Continued(SKM) KT Corporation Outlines 2010 Guidance
South Korea’s incumbent fixed-line carrier KT Corp. (KT) has outlined its guidance for 2010. The carrier expects revenues to increase 2.8% in 2010 to KRW19.5 trillion (US$17.3 billion) from the estimated KRW18.96 trillion (US$16.8 billion) in 2009. KT is expected to release...
20Jan2010 | vitalstocks | 0 comments | Continued(GFA) Gafisa SA – Third Quarter Sales Jumped 48%
Gafisa SA (GFA) is cashing in on Brazil’s growing need for housing as sales climbed in the third quarter. GFA has attractive valuations. It is trading at just 11.3x forward earnings. Company Description Gafisa is one of Brazil’s largest homebuilders. It has completed...
20Jan2010 | vitalstocks | 0 comments | Continued(JDAS) JDA Software Group – Expanded Margins From 21% to 26%
JDA Software Group, Inc. (JDAS) recently hit a new 52-week high just above $28 on a bullish next-year estimate and strong Q3 results from late October. Company Description JDA Software Group, Inc. provides specialized business management software solutions in the United States...
20Jan2010 | vitalstocks | 0 comments | Continued(BAC) Housing Permits Rise – Housing Starts Fall
We got a very mixed picture on the housing front this morning. Housing Starts were down but Building Permits were up, and while permits are a leading indicator of starts, they usually move in the same direction. It was not simply a case of the very volatile apartment and condo...
20Jan2010 | vitalstocks | 0 comments | Continued(ASML) ASML Holding: Ride This Volatile Company To Long-Term Profits
by Tony Daltorio, Investment U Research Tuesday, January 19, 2010 Cowboy daredevils have their bucking bulls and broncos to ride. And thrill-seeking teenagers can strap themselves into rollercoaster’s with loops, corkscrews and 400-foot drops when they need a rush. But investors...
20Jan2010 | InvestmentU | 0 comments | Continued(INTU) Intuit Sells Off Intuit Real Estate Solutions
Intuit, Inc. (INTU) recently completed the sale of Intuit Real Estate Solutions (IRES) to Vista Equity Partners for $128 million. Based in Ohio, IRES was a part of Intuit’s global business division and a leading provider of software and services to companies in the real estate...
20Jan2010 | vitalstocks | 0 comments | Continued(WMB) Williams Companies Announces $12 Billion Restructuring to Consolidate Operations
Natural gas producer and pipeline firm Williams Companies (WMB) announced a $12 billion restructuring program whereby it will combine its pipeline and processing units to create one of the largest natural gas partnerships in the nation. According to the deal, Williams will sell...
20Jan2010 | vitalstocks | 0 comments | Continued(CSX) CSX Corporation’s Earnings Are Down on Revenue Miss
CSX Corporation’s (CSX) fourth quarter earnings from continuing operations of 77 cents per share were only a penny ahead of the Zacks Consensus Estimate. Earnings were down 16% from 92 cents last year. Results were dragged down by lower revenues due to volume declines in coal,...
20Jan2010 | vitalstocks | 0 comments | Continued