Archive for February, 2010
(MMM) 3M Company – Stellar Results and Higher Forecasts
3M Co. (MMM) recently reported fourth-quarter earnings of $1.30 per share, topping last year’s 97 cents and beating the Zacks Consensus Estimate by 7%. Sales of $6.1 billion came in ahead of the previous year’s $5.5 billion. Company Description 3M produces thousands...
3Feb2010 | vitalstocks | 0 comments | Continued(RNOW) RightNow Technologies – Bull of the Day
RightNow Technologies (RNOW) is a leading provider of on-demand customer relationship management (CRM) software solutions designed to optimize customer service operations for businesses of all sizes. Competition continues to increase with Oracle and SAP moving aggressively into...
3Feb2010 | vitalstocks | 0 comments | Continued(AES) AES Corporation – Bear of the Day
Our Underperform recommendation on AES Corporation (AES) takes into account the significant international presence of its fossil fuel power plants in several emerging markets, thereby exposing it to both foreign currency and political risk. The company’s predominantly long-term...
3Feb2010 | vitalstocks | 0 comments | Continued(MSFT) Microsoft Corporation – Sales Were Up 14% From Last Year
Microsoft Corp. (MSFT) recently hit a new 52-week high ahead of the company’s better than expected Q2 results from late January that handily beat expectations. Company Description Microsoft Corp provides software and hardware solutions for a wide range of personal and corporate...
3Feb2010 | vitalstocks | 0 comments | Continued(WHR) Whirlpool Corporation – Earnings Surprised By 26.15% in the Fourth Quarter
Whirlpool Corporation (WHR) recently reported fourth quarter sales growth of 12.72% as the emerging markets in Latin America and Asia boosted the bottom line. It was Whirlpool’s fourth big beat in a row. Company Description Whirlpool manufactures home appliances, such as...
3Feb2010 | vitalstocks | 0 comments | Continued(DHI) D.R. Horton Returns to Profitability
D.R. Horton (DHI) reported net income of $192.0 million or 56 cents per share for the first quarter of its fiscal 2010, compared to a net loss of $62.6 million or 20 cents per share in the first quarter of fiscal 2009. The current year quarter includes a tax benefit of $149.2...
2Feb2010 | vitalstocks | 0 comments | Continued(IBKR) Interactive Brokers Group Misses Expectations Again
Interactive Brokers Group, Inc.’s (IBKR) fourth-quarter earnings of 6 cents per share were substantially short of the Zacks Consensus Estimate of 25 cents. Earnings were also down 87.8% from 49 cents in the prior-year quarter. As a result of constrained liquidity and other...
2Feb2010 | vitalstocks | 0 comments | Continued(EMR) Emerson Electric Company Exceeds Earnings Estimates
Emerson Electric Company (EMR) reported earnings from continuing operations of 56 cents for the first quarter of 2010, exceeding the Zacks Consensus Estimate of 42 cents. Net sales for the first quarter ended Dec 31, 2009 were $5.0 billion, a decline of 7% from $5.4 billion reported...
2Feb2010 | vitalstocks | 0 comments | Continued(UTI) Universal Technical Institute Tops Expectations
Universal Technical Institute Inc. (UTI) recently reported first-quarter 2010 results that topped the Zacks Consensus Estimate on the heels of record enrollment and increased operating margins that boosted the bottom-line. The quarterly earnings of 38 cents a share outshone the...
2Feb2010 | vitalstocks | 0 comments | Continued(STM) STMicroelectronics NV’s Earnings Top Consensus Views
STMicroelectronics NV (STM) reported fourth quarter 2009 earnings from continuing operations of 4 cents per share, beating the Zacks Consensus Estimate of 2 cents. ST’s net revenues for the fourth quarter of 2009 total $2,583 million and include sales recorded by ST-Ericsson...
2Feb2010 | vitalstocks | 0 comments | Continued(WEC) Wisconsin Energy Corporation Profits Rise
Wisconsin Energy Corporation (WEC) reported fourth quarter operating earnings of 96 cents, above the Zacks Consensus Estimate of 88 cents and the year-ago earnings of 85 cents. The company posted full-year 2009 earnings of $3.20, beating the Zacks Consensus Estimate of $3.12...
2Feb2010 | vitalstocks | 0 comments | Continued(ARRY) Array BioPharma Incorporated Reports Lower Second Quarter Loss
Array BioPharma Inc’s (ARRY) second quarter fiscal 2010 net loss came in at $21.8 million, or 44 cents per share, which was lower than the Zacks Consensus Estimate of a net loss of 55 cents. The company suffered a loss of $37.8 million, or 79 cents a share, in the year-ago...
2Feb2010 | vitalstocks | 0 comments | Continued(GG) The Options Market: How Trading Options Just Got Easier
by Karim Rahemtulla, Options Expert Tuesday, February 2, 2010: Issue #1188 It took a while, but an increasing number of investors are starting to realize the powerful benefits behind the options market. Namely, to make money and hedge against risk. In fact, the rising popularity...
2Feb2010 | InvestmentU | 0 comments | Continued(JCOM) j2 Global Communications on Buying Spree
Internet fax to email service provider j2 Global Communications Inc. (JCOM) has recently completed three new acquisitions. Prompted by the increasing use of digital faxing services to reduce costs and improve security, j2 Global has acquired related service fax and voice service...
2Feb2010 | vitalstocks | 0 comments | Continued(PCL) Plum Creek Timber Company Beats Marginally
Plum Creek Timber Co. Inc. (PCL), a real estate investment trust (REIT) owning and managing timberlands in the U.S., reported fourth quarter earnings of $28 million or 17 cents per share, compared to $95 million or 57 cents per share in the year-earlier quarter. For full year...
2Feb2010 | vitalstocks | 0 comments | Continued(CMI) Cummins Incorporated Reports Solid Quarter
Cummins Inc. (CMI) has posted a profit of $270 million or $1.36 per share in the fourth quarter of 2009 compared to $43 million or 22 cents a share a year ago. This was the company’s most profitable fourth quarter since 2007. The company also succeeded in overriding the Zacks...
2Feb2010 | vitalstocks | 0 comments | Continued(HOLX) Hologic’s Report Surpasses Wall Street’s Estimate
Hologic Inc.’s (HOLX) first quarter fiscal 2010 (ended Dec 26, 2009) earnings of 29 cents per share (excluding special items) were above the Zacks Consensus Estimate of 26 cents. The company had earned 31 cents in the year-ago quarter (ended Dec 27, 2008). Hologic reported...
2Feb2010 | vitalstocks | 0 comments | Continued(PBG) Pepsi Bottling Group Swings to Profit
The Pepsi Bottling Group Inc. (PBG) reported fourth-quarter results before the opening bell on Tuesday. The company swung to a net income of $90 million from a net loss of $271 million in the year earlier quarter. Excluding certain special items, earnings per share came in at...
2Feb2010 | vitalstocks | 0 comments | Continued(DOW) Dow Chemical Company Posts Encouraging Results
The Dow Chemical Company (DOW) reported encouraging results for the fourth quarter and full year 2009. During the fourth quarter EPS was 18 cents, compared to a loss of 63 cents in the same quarter in the previous year. It was above the Zacks Consensus Estimate of 10 cents. Full-year...
2Feb2010 | vitalstocks | 0 comments | Continued(BP) BP Earnings Miss Consensus on Refining Weakness
BP plc (BP) reported its fourth quarter 2009 results of $1.37 per ADS (American Depositary Share), below the Zacks Consensus Estimate of $1.49, but significantly above the year-earlier loss of $1.06. Weak downstream results, partly offset by upstream strength, accounted for the...
2Feb2010 | vitalstocks | 0 comments | Continued(RCII) Rent-A-Center Earnings Report Moves Up
Rent-A-Center, Inc. (RCII), the largest rent-to-own operator, recently posted fourth-quarter 2009 earnings of 66 cents a share that surpassed the Zacks Consensus Estimate of 57 cents, and climbed 40.4% from 47 cents delivered in the prior-year quarter buoyed by effective cost...
2Feb2010 | vitalstocks | 0 comments | Continued(VCLK) ValueClick Misses Earnings Expectations – Divests Unit
Preliminary Fourth-Quarter Results ValueClick Inc. (VCLK) announced its preliminary fourth quarter 2009 revenue of $130.2 million, which was below the Zacks Consensus estimate of $133.0 million, but in line with the company’s own guidance range of $128 – $138 million....
2Feb2010 | vitalstocks | 0 comments | Continued(MNKD) MannKind Narrows Fourth Quarter Loss
During the fourth quarter of 2009, MannKind (MNKD) lowered its loss per share to 53 cents compared to a loss of 82 cents in the year-ago period. However, the loss per share missed the Zacks Consensus Estimate of 41 cents. For the full year, MannKind reported a loss per share...
2Feb2010 | vitalstocks | 0 comments | Continued(HAE) Haemonetics Corporation Misses Earnings Estimates
Haemonetics Corporation (HAE) reported third quarter fiscal 2010 earnings per share of 71 cents, missing the Zacks Consensus Estimate of 72 cents. Earnings in the year-ago quarter were 63 cents. The earnings estimate revision for Haemonetics has demonstrated a downtrend in the...
2Feb2010 | vitalstocks | 0 comments | Continued(MRO) Marathon Oil Corporation Posts Depressing Refining Margins
Marathon Oil Corporation’s (MRO) fourth-quarter 2009 results came in weaker-than-expected, hampered by sharply lower downstream results on the back of depressed refining margins. Earnings per share, excluding special items, came in at 32 cents, 19 cents below the Zacks Consensus...
2Feb2010 | vitalstocks | 0 comments | Continued(GIS) General Mills: Happy Employees, A Healthy Business And a Solid Stock
by Jeannette Di Louis, Investment U Research Tuesday, February 2, 2010 Despite the recession and mass of corporate cost-cutting measures that have resulted in America’s unemployment rate shooting to 10%, here’s a company that is bucking the trend. Not only that, it’s...
2Feb2010 | InvestmentU | 0 comments | Continued(T) Federal Communications Commission Proposes Wireless Spectrum Boost
President Barack Obama’s budget proposal on February 1, 2010, indicated that the Federal Communications Commission (FCC), the US telecom regulator, could get an estimated $6.4 billion boost from the use of spectrum (radio airwaves) over the next ten years. In his fiscal 2011...
2Feb2010 | vitalstocks | 0 comments | Continued(GR) Goodrich Corporation Wins Russian Contracts
Goodrich Corporation (GR) was selected by two Russian aviation companies Irkut Corporation and Aviapribor Corporation to provide flight control actuation systems for the Irkut MC-21 family of single-aisle commercial aircraft. The aircraft is also incorporating components from...
2Feb2010 | vitalstocks | 0 comments | Continued(LMT) Lockheed Martin Gets Follow-on U.S. Air Force Contract
Lockheed Martin Corporation (LMT) won a $59 million contract from the U.S. Air Force for additional Sniper advanced targeting pods. The award expands a contract initially awarded in Sep 2009, raising the total value of the contract to $95 million. Lockheed has sold more than...
2Feb2010 | vitalstocks | 0 comments | Continued(DHI) U.S. Homeownership Rate Falls Again
A smaller percentage of Americans owned their own homes in the 4th quarter of 2009 than at any time since 2000. In the 4th quarter 67.2% of Americans owned their own home, down from 67.6% in the third quarter and two full percentage points below the peak set in the fourth quarter...
2Feb2010 | vitalstocks | 0 comments | Continued