Archive for April, 2010
(PCL) Plum Creek Timber Company – Analyst Estimates Continue Inching Higher
Plum Creek Timber Co. (PCL) has a Zacks #2 Rank. Its stock trades at 28.6x 2010 consensus EPS estimates and 26.1x 2011 consensus EPS estimates. Growth and Income Analysts estimate that Plum Creek Timber will grow its EPS at 10% annually for the next 3 to 5 years. The stock also...
13Apr2010 | vitalstocks | 0 comments | Continued(BBBY) Bed Bath & Beyond – 17% Sales Increase in Quarterly Report
Bed Bath & Beyond Inc. (BBBY) double-digit top-line growth helped BBBY beat expectations once again on, sending estimates higher. Company Description Bed Bath & Beyond runs chain retail stores mainly under the Bed Bath & Beyond name, but also has a few other brands....
13Apr2010 | vitalstocks | 0 comments | Continued(A) Agilant Technologies – Shares Trade at a Discount to Industry Average
Agilant Technologies (A) continues to pressure its 52-week high on rising estimates, a compelling valuation relative to its peers and a bullish next-year estimate. Company Description Agilent Technologies, Inc. provides bio-analytical and electronic measurement solutions to a...
13Apr2010 | vitalstocks | 0 comments | Continued(CBPO) China Biologic Products Had Record Fourth Quarter
China Biologic Products, Inc. (CBPO) recently reported record revenue for the fourth quarter and 2009. The stock is cheap, trading at just 7.8x forward earnings. Company Description China Biologic Products, Inc. (CBPO) is a plasma-based biopharmaceutical company. It has an indirect...
13Apr2010 | vitalstocks | 0 comments | Continued($AA) Alcoa – Eight Analysts Adjust Forecasts
Alcoa Inc. (AA) recorded its fifth consecutive loss of $194 million, or 19 cents per share, in the first quarter of 2010. However, losses narrowed from a loss of $480 million or 59 cents in the first quarter of 2009 and a sequential loss of $295 million or 29 cents. Accounting...
13Apr2010 | vitalstocks | 0 comments | Continued(VOD) Vodafone Plc – Bull of the Day
We upgrade our recommendation for Vodafone Plc (VOD) to Outperform based on the carrier’s solid operating results in the last quarter and management’s upbeat guidance. Revenue growth was fueled by healthy contributions from the Asia-Pacific and Middle East operations....
13Apr2010 | vitalstocks | 0 comments | Continued(CPKI) California Pizza Kitchen Raises Earnings Outlook
California Pizza Kitchen, Inc. (CPKI), one of the leading casual dining restaurant operators, recently declared preliminary first-quarter 2010 results, and raised its earnings guidance. The company now expects its first-quarter 2010 earnings to be approximately 10 cents a share...
13Apr2010 | vitalstocks | 0 comments | Continued(CHT) Chunghwa Telecom Conducting Trials of 4G-LTE Networks
Chunghwa Telecom Co. Ltd. (CHT), the largest integrated telecom operator in Taiwan , is conducting live trial runs for the Frequency Division Duplex (FDD) version of Long Term Evolution (LTE) networks. The aim is to develop a super-fast next-generation mobile broadband network...
13Apr2010 | vitalstocks | 0 comments | Continued(GOL) GOL Linhas Aereas Inteligentes Passenfer Traffic Grows
GOL Linhas Aereas Inteligentes S.A. (GOL) has announced the total passenger traffic for March 2010 in comparison with March 2009. During the month, total passenger traffic increased 36.8% year over year, with domestic traffic up 38.5% and international traffic up 23.6%. During...
12Apr2010 | vitalstocks | 0 comments | Continued(PNW) Pinnacle West Capital Corporation to Sell $6 Million in Shares
Pinnacle West Capital Corporation (PNW) priced its previously announced public offering of 6 million shares at $38.00 per share. This represents a total of $228 million in proceeds before deducting expenses. These securities will be issued under a shelf registration statement,...
12Apr2010 | vitalstocks | 0 comments | Continued(LNC) Lincoln National Analyst Initiates Coverage at Neutral
We have recently initiated coverage on Lincoln National Corp. (LNC) with a Neutral recommendation. The company’s fourth quarter earnings were substantially ahead of the Zacks Consensus Estimate due to increased operating income across revenue segments. Lincoln National achieved...
12Apr2010 | vitalstocks | 0 comments | Continued(TXT) Textron Teams With Aerostar to Produce Armored Security Vehicles
Textron Marine & Land Systems, an operating unit of Textron Systems, a Textron Inc. (TXT) company, and Aerostar SA have announced a Teaming Agreement to produce Textron Marine & Land Systems’ combat-proven Armored Security Vehicles (ASV) and Armored Personnel Carriers...
12Apr2010 | vitalstocks | 0 comments | Continued(UBS) UBS AG Projects Pre-Tax Profit – Deposit Outflows Slow
UBS AG (UBS) has announced today that it expects to report a pre-tax profit of at least CHF 2.5 billion ($2.3 billion) in the first quarter of 2010. The news comes just prior to its Annual General Meeting which is scheduled on April 14. The company intends to report its first...
12Apr2010 | vitalstocks | 0 comments | Continued($BAC) March 2010 Federal Budget Deficit Falls
The federal budget deficit for March was $65.387 billion, which was sharply below (65.9%) the $191.589 budget deficit of March 2009. It was also well below the $220.909 billion in February, however the data is not seasonally adjusted, but is highly seasonal, so the month-to-month...
12Apr2010 | vitalstocks | 0 comments | ContinuedNew General Motors Loses $4.3 Billion
The new General Motors (“GM”), formed after emerging from bankruptcy on July 10, 2009 through the acquisition of substantially all the assets and certain liabilities of Motors Liquidation Company or old GM, lost $4.3 billion or $10.73 per share for the period July 10–December...
12Apr2010 | vitalstocks | 0 comments | Continued(UPS) United Parcel Service Analyst Awards a Neutral Rating
We are initiating coverage on the shares of United Parcel Service (UPS) with a Neutral recommendation. United Parcel Service serves as a proxy for the economy because of the volumes and diversity of the goods shipped by the company. Though the company has suffered from the recession...
12Apr2010 | vitalstocks | 0 comments | Continued(TM) Toyota Motor Maintains Sales Incentives
Toyota Motor (TM) has decided to continue with its big promotions for auto sales until May 3, 2010. The automaker is overwhelmed by the huge response to its incentives, which includes cheap leases, zero-percent financing for 5 years and free maintenance for 2 years for return...
12Apr2010 | vitalstocks | 0 comments | Continued(WYNN) Wynn Resorts Abandons Philadelphia, Pennsylvania Project
Wynn Resorts Ltd. (WYNN) has abandoned its plan of a casino project construction in Philadelphia, Pennsylvania. Last Thursday, the company announced that it had terminated all agreements and negotiations related to its potential investment in the Foxwoods Casino project in Philadelphia....
12Apr2010 | vitalstocks | 0 comments | Continued(DVN) Devon Energy Corporation Sells Gulf of Mexico Assets to Apache Corporation
Devon Energy Corporation (DVN) plans to sell all of its oil and gas assets in the Gulf of Mexico (GoM) shelf assets to Apache Corporation (APC) for $1.05 billion (approximately $840 million after tax). The agreement includes Devon’s 158 blocks (including 51 producing blocks)...
12Apr2010 | vitalstocks | 0 comments | Continued“Think Outside the Borders” and Retire Overseas
It may seem like a dream for multi-millionaires only: Living in a mountainside or seaside villa with a spectacular view. Having a maid, a cook and a gardener take care of your home. Having your personal chauffeur drive you to town… But it’s not. The dream is already a...
12Apr2010 | InvestmentU | 0 comments | Continued(NTAP) NetApp To Aquire Storage Software Developer Bycast
Leading storage and data management solutions company NetApp Inc. (NTAP), recently disclosed that it will be acquiring a privately held object-based storage software developer Bycast Inc. Bycast was a rival company of NetApp, which will be acquired in an all-cash transaction,...
12Apr2010 | vitalstocks | 0 comments | Continued(STP) China’s Renewable Energy Industry For Your Portfolio
At last year’s climate summit in Copenhagen, the United States did a lot of finger pointing at China. For that matter, China did a lot of pointing right back at the U.S. Both seemed bound and determined to blame the other for the summit’s failure. But while the Obama administration...
12Apr2010 | InvestmentU | 0 comments | Continued(SPWRA) SunPower Corporation Raised $250 Million in Two Offerings
SunPower Corporation (SPWRA) raised $250 million to replenish its liquidity subsequent to its acquisition of European solar power plant developer SunRay Renewable Energy. SunPower raised the amount in two separate offerings of senior cash convertible debentures due 2015 at a...
12Apr2010 | vitalstocks | 0 comments | Continued(LMT) Aerospace and Defense Stock Review – April 2010 – Industry Outlook
OVERVIEW Inherently big defense contractors are expected to eliminate jobs as the Pentagon has lowered spending on traditional weapon systems, while smaller, niche companies may accelerate hiring as the United States garners resources to protect ground troops and strategic...
12Apr2010 | vitalstocks | 0 comments | Continued(BXP) Boston Properties Offers $700 Million in Notes
Boston Properties Inc. (BXP), a real estate investment trust (REIT), has recently announced an offering of $700 million aggregate principal amount of 5.625% senior unsecured notes due November 15, 2020. The debt offering is managed by Bank of America Securities LLC – the investment...
12Apr2010 | vitalstocks | 0 comments | Continued(CEPH) Cephalon Completes Aquisition of Generic Drug Company Mepha AG
Cephalon, Inc. (CEPH) recently announced the completion of its acquisition of Mepha AG, a privately-held Swiss generic drug company, for CHF 662.4 million (approximately $615.4 million). This acquisition marks Cephalon’s entry in the generics market. This deal is in-line with...
12Apr2010 | vitalstocks | 0 comments | Continued(NAV) Navistar International Analyst Raises Guidance
Navistar International Corp. (NAV) has upgraded its financial outlook for fiscal 2010 ended October 31, 2010. The upsurge was driven by a military truck order of $750 million, won by the company in February this year, to manufacture about a thousand Mine Resistant Ambush Protected...
12Apr2010 | vitalstocks | 0 comments | Continued(MDT) Medtronic Launches Product For Treatment of Chronic Sinusitis
Medtronic, Inc. (MDT) recently launched a new product, a new Frontal Handpiece for its Hydrodebrider System. The Hydrodebrider System removes bacteria from the paranasal sinuses. It is a powered endoscopic irrigation system used for the treatment of chronic sinusitis. Chronic...
12Apr2010 | vitalstocks | 0 comments | Continued(MDRX) Allscripts-Misys Healthcare Solutions Announces New Client, Parkview Health System
Allscripts-Misys Healthcare Solutions, Inc. (MDRX) recently entered an agreement with a new client, Parkview Health System, Inc., whereby the latter has selected the Allscripts Electronic Health Record (EHR), Practice Management (PM) and Revenue Cycle Management (RCM) solution....
12Apr2010 | vitalstocks | 0 comments | Continued(LAMR) Lamar Advertising Company Expands Debt
Lamar Media Corp., subsidiary of Lamar Advertising Company (LAMR), announced a tender offer for the purchase of $385 million 7 1/4% senior subordinated notes due 2013. In order to fund the same, Lamar simultaneously priced the private offering of 7 7/8% senior subordinated notes...
12Apr2010 | vitalstocks | 0 comments | Continued