Archive for February, 2010
(WPO) The Washington Post Company Earnings Jump
The Washington Post Company (WPO) recently reported fourth-quarter 2009 results. Quarterly earnings jumped to $8.71 per share from $2.01 reported in the prior-year quarter. However, excluding one-time items, quarterly earnings fell 16% to $8.82 per share from $10.54 posted in...
28Feb2010 | vitalstocks | 0 comments | Continued(VECO) Veeco Instruments Incorporated – Earnings Estimates Spike
Veeco Instruments (VECO) reported record level revenues and released bullish guidance, sending earnings estimates higher. Company Description Veeco makes instruments for manufactures of solar, data storage, semiconductors, HB_LED, scientific research and industrial products....
28Feb2010 | vitalstocks | 0 comments | Continued(APH) Amphenol – Growth Driven by Mobile Devices
Amphenol (APH) is another way to play the growth in the use of mobile devices. Company Description Amphenol is one of the largest manufacturers of interconnect products in the world. The company designs, manufactures and markets electrical, electronic and fiber optic connectors,...
28Feb2010 | vitalstocks | 0 comments | Continued(CPLA) Capella Education Rating Raised to Outperform
We recently upgraded our recommendation on Capella Education Company (CPLA) to Outperform from Neutral with a target price of $89.00. Capella’s strong focus towards working adults and exclusive online education has enabled it to establish a healthy position in the for-profit...
28Feb2010 | vitalstocks | 0 comments | Continued(UTX) United Technologies Corportation Raises $2.25 Billion Debt
United Technologies Corp (UTX) sold $2.25 billion in debt in a two-part sale. This includes $1.25 billion of 10-year notes priced to yield 87 basis points over comparable U.S. Treasuries and $1.0 billion of 30-year bonds priced to yield 109 basis points more than U.S. Treasuries. The...
28Feb2010 | vitalstocks | 0 comments | Continued(HAE) Haemonetics Receives U.S. Food and Drug Administration Approval
Haemonetics Corp. (HAE) recently received the U.S. Food and Drug Administration (FDA) approval for its expanded nomogram to collect two Red Blood Cells on the Cymbal Automated Blood Collection System from female donors. The donors are identified as those who weigh at least 150...
28Feb2010 | vitalstocks | 0 comments | Continued(PRA) ProAssurance Tops Consensus Views
ProAssurance Corporation’s (PRA) fourth quarter operating earnings of $2.42 per share were substantially ahead of the Zacks Consensus Estimate of $1.29. This also compares favorably with the earnings of $2.36 in the prior-year quarter. Earnings for the quarter were benefited...
28Feb2010 | vitalstocks | 0 comments | Continued(BG) Bunge Discontinues the Processing of Soybeans
Bunge Ltd. (BG), a leading integrated global agribusiness and food company in the U.S., has decided to discontinue the processing of soybeans at its facility in Danville, Illinois, resulting in a possible retrenchment of 100 employees. The company will continue to operate the...
28Feb2010 | vitalstocks | 0 comments | Continued(SIRI) SIRIUS XM Radio Beats in Fourth Quarter Report
SIRIUS XM Radio Inc. (SIRI) reported better-than-expected fourth-quarter 2009 financial results. Quarterly revenue of $676.2 million was an improvement of 8.7% year-over-year and also better than the Zacks Consensus Estimate of $658 million. This was primarily due to the sale...
28Feb2010 | vitalstocks | 0 comments | Continued(CRM) Salesforce.com’s Revenue Grows – Earnings Per Share Exceeds Expectations
Salesforce.com (CRM) reported fourth-quarter EPS of 16 cents, which exceeded the Zacks Consensus Estimate of 15 cents. Revenue Revenue for the fourth quarter was $354.0 million, an increase of 22.2% from $289.6 million in the year-ago quarter. This exceeded the company’s...
28Feb2010 | vitalstocks | 0 comments | Continued(TRW) TRW Automotive Holdings Zooms Past Earnings Estimates
TRW Automotive Holdings Corp. (TRW) reported a profit of $168 million, or $1.40 per share, in the fourth quarter of 2009. The result marks a sharp contrast to a loss of $74 million, or 73 cents per share, in the prior-year period. The profit was also significantly better than...
28Feb2010 | vitalstocks | 0 comments | Continued(SM) St. Mary Land & Exploration – Bear of the Day
We are initiating coverage on St. Mary Land & Exploration (SM) with an Underperform recommendation and a target price of $30. Over the last few years, the company has been building a significant position in emerging shale plays in order to reposition it as more of a resource...
28Feb2010 | vitalstocks | 0 comments | Continued(APH) Amphenol – Growth Driven by Mobile Devices
Amphenol (APH) is another way to play the growth in the use of mobile devices. Company Description Amphenol is one of the largest manufacturers of interconnect products in the world. The company designs, manufactures and markets electrical, electronic and fiber optic connectors,...
28Feb2010 | vitalstocks | 0 comments | Continued(DRYS) DryShips’ Fourth Quarter Report Misses by a Penny
DryShips, Inc.’s (DRYS) fourth-quarter earnings of 23 cents per share were a penny short of the Zacks Consensus Estimate of 24 cents. This excludes a loss of $64.4 million or 24 cents per share associated with various one-time items. However, earnings for the quarter were down...
28Feb2010 | vitalstocks | 0 comments | Continued(GPS) Gap Reports Impressive Earnings in the Fourth Quarter
Gap Inc. (GPS) reported strong fourth quarter fiscal 2009 results despite challenging market conditions. The company reported net income of $352 million or 51 cents per share during the quarter, compared to $243 million or 34 cents per share in the year-earlier quarter. The quarterly...
28Feb2010 | vitalstocks | 0 comments | Continued(VMED) Virgin Media Reports Earnings Under Estimates
Virgin Media Inc. (VMED) declared financial results for the fourth quarter 2009. Quarterly total revenue of $1,538 million was up 11.8% year-over-year but fell below the Zacks Consensus Estimate of $1,560 million. The year-over-year increase in revenue was primarily due to significant...
28Feb2010 | vitalstocks | 0 comments | Continued(PXP) Plains Exploration & Production Surges on Lower Costs
Plains Exploration & Production Company (PXP) posted fourth-quarter earnings of $1.37 per share, substantially higher than the Zacks Consensus Estimate of 61 cents and the year-ago loss of 19 cents. For the full year 2009, the company reported operating earnings of $5.40,...
28Feb2010 | vitalstocks | 0 comments | Continued(FWLT) Foster Wheeler AG’s Earnings Reports Misses The Street
Foster Wheeler AG (FWLT) reported a net income of $65.1 million, or 51 cents per share for the fourth quarter of 2009, compared with $99.9 million, or 75 cents in the fourth quarter of 2008. This was lower than the Zacks Consensus Estimate of 65 cents for the most recent quarter....
28Feb2010 | vitalstocks | 0 comments | Continued(FLR) Fluor Corporation Reports Earnings Below Consensus
Net earnings attributable to Fluor Corporation (FLR) for the fourth quarter of 2009 were $149 million, or 82 cents per share, compared with $190 million, or $1.03 in 2008. This was lower than the Zacks Consensus Estimate of 88 cents. The effective tax rate in the fourth quarter...
28Feb2010 | vitalstocks | 0 comments | Continued(CNO) Conseco Reports Earnings And Misses by a Nickel
Conseco, Inc’s (CNO) fourth-quarter operating earnings of 15 cents per share were a nickel short of the Zacks Consensus Estimate of 20 cents. The results were also down 16.7% from the operating earnings of 18 cents in the year-ago quarter. Though results for the quarter were...
28Feb2010 | vitalstocks | 0 comments | Continued(TTM) Tata Motors & The Nano: Why “That Little Car in India” Is Loaded With Big Profits
by Jeannette Di Louie, Investment U Research Thursday, February 25, 2010 Open up your web browser and go to Google. Punch in “that little car in India.” What you’ll see is a long list of stories about the Nano – a car manufactured by Indian automaker, Tata Motors (NYSE:...
28Feb2010 | InvestmentU | 0 comments | Continued(C) The Best Banks In North America Probably Aren’t Where You Think
by Tony Daltorio, Investment U Research Thursday, February 25, 2010 At the turn of the century, U.S. banks like Citigroup (NYSE: C), Wells Fargo (NYSE: WFC), and Bank of New York Mellon (NYSE: BK) dominated the list of the world’s highest-valued banks. Of course though, ...
28Feb2010 | InvestmentU | 0 comments | Continued(KO) The Coca Cola Company to Buy its Biggest Bottler
The Coca Cola Company (KO) intends to buy the North American operations of its biggest bottler, Coca Cola Enterprises (CCE). Although the exact value of the deal is not yet finalized, the transaction is expected to be valued at approximately $15 million Incorporatedluding debt. This...
28Feb2010 | vitalstocks | 0 comments | Continued(KG) King Pharmaceuticals Misses Earnings Expectations by a Penny
King Pharmaceuticals, Inc. (KG) reported fourth-quarter earnings of 23 cents per share, a penny below the Zacks Consensus Estimate. Despite fourth quarter revenues increasing 26.1% from the year-ago period, earnings declined 20.6% from the year-ago quarter, mainly due to higher...
28Feb2010 | vitalstocks | 0 comments | Continued(PCS) MetroPCS Communications’ Quarterly Report Exceeds Expectations
Leading unlimited wireless carrier MetroPCS Communications (PCS) reported better-than-expected fourth-quarter 2009 results with earnings per share (EPS) of 9 cents, exceeding the Zacks Consensus Estimate of 6 cents as well as the prior-year quarter EPS of 4 cents. Net income...
28Feb2010 | vitalstocks | 0 comments | Continued(AAPL) Four Stocks for Mobile Communications
Investors like to gravitate to investment themes because they are easy to understand, tend to last for longer than a few months, and can deliver solid returns. Longer-term investment themes could range from aging of the population, converting to clean energy, or using mobile...
28Feb2010 | vitalstocks | 0 comments | Continued(PGR) Earnings Season Almost Complete – Earnings Preview
Earnings Preview 2/26/10 Earnings season is winding down, but that does not mean it is over. Next week will bring 296 earnings reports, though just 11 members of the S&P 500. Some of the higher profile firms to report will be Progressive Insurance (PGR), Costco (COST) and...
28Feb2010 | vitalstocks | 0 comments | Continued(AIG) American International Group Misses Forecasts – Narrows Loss
American International Group Inc. (AIG) has narrowed its fourth quarter loss to $8.9 billion or $65.51 per share from a net loss of $61.7 billion or $458.99 per share reported in the prior-year quarter. Adjusted net loss was $7.2 billion or $53.23 a share, compared to an adjusted...
28Feb2010 | vitalstocks | 0 comments | Continued(NOVL) Novell Revenue Falls – Earnings Per Share Exceeds The Street
Novell, Inc. (NOVL) – a leading technology software company – reported first-quarter earnings of 7 cents that beat the Zacks Consensus Estimates by a penny. However, quarterly revenue of $202 million decreased 6% from the year-ago figure. This was due to softness in 2009...
28Feb2010 | vitalstocks | 0 comments | Continued(IPG) Interpublic Group of Companies’ Earnings Report Shows Decent Results
Interpublic Group of Companies, Inc. (IPG) reported decent results for the fourth quarter and full year 2009 in a difficult economic environment. During the fourth quarter of 2009 revenue was $1.80 billion, compared to $1.90 billion in the fourth quarter of 2008, with a decrease...
28Feb2010 | vitalstocks | 0 comments | Continued