Archive for March, 2010
(HPQ) PC Computer Shipments to Grow in 2010
As per the latest findings of leading technology research firm Gartner (IT), worldwide PC shipments are expected to grow 19.7%, reaching 366.1 million units in 2010. The firm also expects that spending on PCs will increase by 12.2% to a level of $245 billion. We think this is...
8Mar2010 | vitalstocks | 0 comments | Continued(T) AT&T Wireless Unveils 3G USB Modems
AT&T (T) has announced that it will launch two USB modems that will enable customers to stay connected on their laptops while accessing the carrier’s high-speed 3G network. Come March 7, 2010, the devices will be available online and at AT&T’s nationwide retail stores. One...
8Mar2010 | vitalstocks | 0 comments | Continued(TM) Nissan Motor Company Joins Parade of Recalls
Nissan Motor Co. has announced that it will recall 539,864 vehicles to inspect brake pedal pins and fuel-gauge components on certain trucks and minivans. Nissan has noticed that the brake-pedal pins in some of its vehicle models have partially engaged, causing a loss of normal...
8Mar2010 | vitalstocks | 0 comments | ContinuedBiofuels: Don’t Let This Alternative Energy “Greendoggle” Fool You
As the old sixteenth-century saying goes, “You can’t make a silk purse from a sow’s ear.” Translation: Sometimes, you can dress something up as much as you want, but it doesn’t change what it really is. Or in the case of biofuel, what it isn’t. And to coin a more...
8Mar2010 | InvestmentU | 0 comments | Continued(KFT) Kraft’s Earnings Estimate Trends Declining
Earnings estimates for Kraft Inc. (KFT) are declining following the release of strong fourth quarter and full year 2009 results. Kraft completed 2009 on a strong note with fourth-quarter earnings increasing 17.1% from the year-ago period to 48 cents per share. Full-year earnings...
8Mar2010 | vitalstocks | 0 comments | Continued(MRGE) Merge Healthcare Incorporated Launches New Device
Merge Healthcare Incorporated (MRGE) recently launched a new device, eFilm Mobile, an extension of the eFilm Workstation franchise. The new device provides users of eFilm Workstation v3.3 secure access to worklists and studies from their iPhone or iPod touch. The eFilm Mobile...
8Mar2010 | vitalstocks | 0 comments | Continued(GE) General Electric Company Gets $1.1 Billion Order
General Electric Company’s (GE) GE Oil & Gas technology has again been selected to support the development of Gorgon, one of the world’s largest untapped natural gas fields, which also features one of the world’s largest ever carbon dioxide (CO2) sequestration...
8Mar2010 | vitalstocks | 0 comments | Continued(SNTS) Santarus Beats Earnings Expectations on Higher Revenues
Santarus, Inc. (SNTS) reported fourth quarter earnings of 40 cents per share, doubling the Zacks Consensus Estimate of 20 cents and far above the year-ago earnings of 7 cents. Performance was boosted by higher revenues. Total revenues, consisting of net product sales, promotion...
8Mar2010 | vitalstocks | 0 comments | Continued(MDRX) Allscripts-Misys Healthcare Solutions Earns New Clients
Allscripts-Misys Healthcare Solutions Inc. (MDRX) has recently entered into an agreement with two new clients, Covenant Health and Sharp HealthCare. These two clients have selected the Allscripts Care Management and Post Acute solutions to automate administrative processes in...
8Mar2010 | vitalstocks | 0 comments | Continued($AZN) Profit From Health Care Reform in China
It’s safe to say that the financial media is obsessed with four subjects these days: Economic stimulus, healthcare reform, Greece and China. And let’s face it: After the eighth, seventeenth or twenty-fifth article on the same topics, it starts to get a bit boring. Combine...
8Mar2010 | InvestmentU | 0 comments | Continued($GS) It Is All About My Big Fat Greek Deficit
Wall Street seems obsessed with pigs these days. PIIGS, that is – Portugal, Ireland, Italy, Greece and Spain – the smaller economies in Europe. Many people worry whether these countries can honor their sovereign debt because of high, already-existing debt levels. And the...
8Mar2010 | InvestmentU | 0 comments | Continued(ARRS) Arris Group – The Siphonic Flush of Management
Believe it or not, we are simple blue collar investors that for the most part, still have our own teeth, and in some cases, almost all of our own hair. We haven’t really wanted to be anything other than what we are, average folks just trying to save a few dollars for the...
8Mar2010 | Wax | 0 comments | Continued(XLNX) Xilinx – Business Momentum and Cost Cuts Are Driving Growth
Xilinx Inc (XLNX) should appeal to growth and income investors. The company is expected to generate long-term EPS growth of 14.7%, and it has a dividend yield of 2.4%. Company Description Xilinx Inc. designs, develops and markets programmable logic solutions. It offers advanced...
5Mar2010 | vitalstocks | 0 comments | Continued(SCHS) School Specialty Incorporated – Bear of the Day
The recent economic downturn has resulted in an uncertainty in the school districts related to state budget funding levels, which has led to a cautious spending approach. Consequently, School Specialty (SCHS) has been registering a sustained decline in the topline. Continued...
5Mar2010 | vitalstocks | 0 comments | Continued(SIG) Signet Jewelers Limited – History of Surprising on the Consensus Estimate
Signet Jewelers Ltd. (SIG) will soon be reporting results from its holiday quarter. Did the demise of some of its competitors boost the bottom line? Company Description Signet Jewelers is a specialty jewelry retailer. The company operates 1,948 stores Incorporatedluding 1,394...
5Mar2010 | vitalstocks | 0 comments | Continued(RCI) Rogers Communications – Wireless Business Leads to Earnings Surprise
Rogers Communications Inc. (RCI) continues set new 52-week highs, yet remains a good value at under 14 times forward earnings. Company Description Rogers Communications is one Canada’s largest providers of cable television, high-speed Internet, wireless communication and...
5Mar2010 | vitalstocks | 0 comments | Continued(AXP) American Express Company Analyst Downgrades Stock to Neutral
We are downgrading our recommendation on American Express Company (AXP) to Neutral from Outperform as we expect the overall economic recovery to be sluggish and hence AmEx’s top line growth will face obstacles in the near term. AmEx’s fourth quarter earnings from continuing...
5Mar2010 | vitalstocks | 0 comments | Continued(ADP) Automatic Data Processing’s Jobs Report Holds Steady
The Bureau of Labor Statistics (BLS) has released its report on employment this morning, where it has cited 36,000 U.S. jobs were lost in the month of February. The overall unemployment rate remains at 9.7%, virtually unchanged from January. This is better than the 9.9% unemployment...
5Mar2010 | vitalstocks | 0 comments | Continued(PBR) Petroleo Brasileiro S.A. Buys Brazil Block Stake From Repsol YPF and Statoil ASA
Petroleo Brasileiro S.A. (PBR) or Petrobras S.A. – the largest integrated energy firm in Brazil and one of the largest in Latin America – bought a 30% stake in an offshore oil block from Repsol YPF (REP) and Statoil ASA (STO), Brazil’s oil regulator said. The offshore block,...
5Mar2010 | vitalstocks | 0 comments | Continued(MITI) Micromet’s Fourth Quarter Loss Greater Than Expectations
Micromet’s (MITI) fourth quarter loss per share came in at 34 cents, wider than the Zacks Consensus Estimate of 18 cents and a loss of 12 cents reported in the prior-year period. For 2009, the company reported a loss per share of 98 cents compared to a loss of 77 cents in 2008. Micromet...
5Mar2010 | vitalstocks | 0 comments | Continued(KTOS) Is there money in security?
I had a little extra buying power in my Wall Street Survivor portfolio so I went on the hunt for a new stock to add to that portfolio. As always I start on Barchart and screen for the stocks that in the last 20 trading sessions had price appreciations on at least 50% of those...
5Mar2010 | Shawn | 0 comments | Continued(REP) Repsol YPF S.A. Analyst Downgrades Stock
We have recently downgraded Repsol YPF S.A. (REP) ADRs to Underperform from Neutral. We see little reason for investors to hold Repsol, as we believe that the long list of challenges facing the company will further weigh on its valuation. These include weak reserves, low reserve...
5Mar2010 | vitalstocks | 0 comments | Continued(CIEN) Ciena’s Earnings Report Ahead of Consensus – Loss Widens
Ciena Corp. (CIEN) reported a wider fiscal first-quarter loss compared to the year-ago period due to increased expenses related to its pending acquisition of Nortel Network (NRTLQ). However, earnings topped the Zacks Consensus Estimate by 4 cents. The quarter included $27.0...
5Mar2010 | vitalstocks | 0 comments | Continued(TV) Grupo Televisa S.A.’s Profit Plunges
Grupo Televisa S.A. (TV), the largest media company in Mexico, reported financial results for the fourth quarter 2009. Quarterly consolidated net income was $91 million, down 58% year-over-year. Fourth quarter EPGDS (Earnings per Global Depository Shares) was 16 cents, significantly...
5Mar2010 | vitalstocks | 0 comments | Continued(VMI) Valmont Industries to Acquire Delta Plc
Valmont Industries Inc. (VMI), a U.S. maker of lightning poles and support structures, has agreed to acquire British industrial engineer Delta Plc. for $429.1 million or £284.5 million in cash. The offer represents a premium of 20.3% to Delta’s closing price on Mar 3,...
5Mar2010 | vitalstocks | 0 comments | Continued(OCN) Ocwen Financial Posts Preliminary Results
Ocwen Financial Corp. (OCN) reported its preliminary fourth quarter operating earnings per share of 7 cents, substantially short of the Zacks Consensus Estimate of 16 cents. However, this compares favorably with the loss of 7 cents in the year-ago quarter due to reduced unrealized...
5Mar2010 | vitalstocks | 0 comments | Continued(ETR) Entergy Corporation’s Nuclear Spinoff at Crossroads
The final decision of Entergy Corporation’s (ETR) proposed spin-off of its non-utility Nuclear power business has been deferred until Mar 25, 2010. The New York Public Service Commission (NYPSC) played spoilsport, who is apprehensive of the financial health of the resultant...
5Mar2010 | vitalstocks | 0 comments | Continued(THS) Treehouse Foods Incorporated – Good Earnings Report Sends Estimates Higher
Treehouse Foods Inc. (THS) recently hit a new 52-week high on better than expected Q4 results from February 11 that included an 18% earnings surprise. Company Description TreeHouse Foods, Inc. operates as a specialty food manufacturing company serving grocery stores and food...
5Mar2010 | vitalstocks | 0 comments | Continued(HRB) H&R Block Earnings Expectations Down 25% From Year Ago
H&R Block Inc. (HRB) is scheduled to report its fiscal third quarter 2010 (ending Jan, 31) financial results on Monday, March 8, after the closing bell. According to the Zacks Consensus Estimate, the company will report earnings of 15 cents per share, down 25.0% from 20 cents...
5Mar2010 | vitalstocks | 0 comments | Continued(EMN) Eastman Chemical Guides Forecasts Lower
Eastman Chemical Co. (EMN) has announced recently that it expects profits in the first quarter to be down 25 cents per share. Eastman had previously forecast first-quarter earnings to be slightly above fourth-quarter earnings of $1.14 per share. The Zacks Consensus Estimate is...
5Mar2010 | vitalstocks | 0 comments | Continued