Archive for May, 2010
(AKAM) Akamai Technologies Analysis From Financial Tides
Financial Tides thinks if Akamai can hold off the acceptance of new products by the new entrants to the video streaming market they may be able to protect the great margins they presently enjoy. Akamai Technologies Inc. (AKAM ) is the leading global service provider for accelerating...
17May2010 | Shawn | 0 comments | Continued(ACXM) Acxiom Fourth Quarter 2010 Earnings Easily Beat Estimates
Acxiom Corporation (ACXM) reported revenues of $288.3 million in the fourth quarter of 2010, down 2.4% from a year ago. Excluding an Information Products pass-through contract (approximately $7.4 million),revenues were flat with the year-ago quarter. This contract was modified...
17May2010 | vitalstocks | 0 comments | Continued(MGI) MoneyGram International Expands Canadaian Business
Expanding its presence in Canada, on May 12, MoneyGram International Inc. (MGI) announced that it has doubled its network to 6000 locations through Canada Post that offers the largest retail network in Canada. Through this alliance expansion, MoneyGram has grown its network to...
17May2010 | vitalstocks | 0 comments | Continued(TLAB) Tellabs First Quarter 2010 Earning Scorecard
Future Outlook is bright for Tellabs Inc. (TLAB). The earnings revision trend is quite favorable for the company. Ever since the company declared its first quarter 2010 financial results on April 27, more than half of the analysts covering the company have made upward revision...
17May2010 | vitalstocks | 0 comments | Continued(TAM) TAM S.A. First Quarter 2010 Report Shows Disappointing Results
TAM S.A. (TAM) reported a net loss of R$58.1 million (US$32.5 million) during the first quarter of fiscal 2010 compared with an income of R$25.7 million (US$11.1 million) in the year-ago quarter. This was driven by the foreign exchange loss of $163 million during the quarter. Reported...
17May2010 | vitalstocks | 0 comments | Continued(MSFT) Microsoft Third Quarter 2010 Earnings Scorecard
Last month, Microsoft Corporation (MSFT) reported third quarter 2010 earnings that exceeded analyst expectations. While some analysts continue to hold reservations, forward estimate revisions indicate a more positive outlook for Microsoft. Third Quarter Highlights The earnings...
17May2010 | vitalstocks | 0 comments | Continued(FTR) Frontier Communications Gets Last Public Service Commission Approval
Frontier Communications‘ (FTR) pending acquisition of Verizon Communications (VZ) local wireline operations was at last approved by the Public Service Commission (PSC) of West Virginia. With this, the company has received all the required state approvals for the transaction. The...
17May2010 | vitalstocks | 0 comments | Continued(ARG) Airgas Reviews Air Products & Chemicals Offer
Airgas, Inc. (ARG) responded to the long-expected move by rival Air Products & Chemicals, Inc. (APD) — the next phase of the Air Products’ hostile takeover attempt, a proxy fight in which it will seek to gain seats on Airgas’ board. Air Products has proposed three...
17May2010 | vitalstocks | 0 comments | Continued(EXEL) Exelixis Pharma First Quarter Report Narrows Loss
Exelixis Pharma (EXEL) reported a first quarter loss per share of 25 cents, better than a loss of 34 cents in the year-ago period. However Incorporatedluding restructuring expenses of $16.1 million, loss per share came in at 40 cents. The Zacks Consensus Estimate for the period...
17May2010 | vitalstocks | 0 comments | Continued(BMY) Bristol-Myers Squibb Company First Quarter 2010 Earnings Scorecard
Bristol-Myers Squibb Company (BMY) reported first-quarter 2010 earnings on April 29, 2010 that surpassed the Zacks Consensus Estimate by 4 cents. However, the company reduced its 2010 forecast prompted by costs associated with U.S. healthcare reform. Furthermore, patent expirations...
17May2010 | vitalstocks | 0 comments | Continued(LOW) Lowe’s Companies Earnings Results Outpace Consensus
Lowe’s Companies Inc. (LOW), the world’s second largest home improvement retailer, recently posted better-than-expected first-quarter 2010 results, showing signs of improvement with consumers willing to spend on remodeling projects and big ticket items. The quarterly earnings...
17May2010 | vitalstocks | 0 comments | Continued(CRC) Bayer Adcances Colorectal Cancer Drug Candidate
Recently, Bayer (BAYRY) initiated patient enrollment in a phase III trial of one of its late stage pipeline candidates, regorafenib. The drug is being studied to treat patients with metastatic colorectal cancer (CRC) who have not responded properly to standard therapies. In the...
17May2010 | vitalstocks | 0 comments | Continued(HPQ) Hewlett-Packard Inches Past Estimates for Second Quarter 2010 Earnings
Hewlett Packard Company (HPQ) is scheduled to announce its second quarter 2010 results on May 18, 2010 and we don’t see too much variation in analyst estimates at this point. Third Quarter Overview The company reported decent first quarter 2010 numbers, with EPS of $1.10 exceeding...
17May2010 | vitalstocks | 0 comments | Continued(AIZ) Assurant Announces 7% Increase in Common Stock Dividend
As part of its concerted effort to enhance value for its shareholders, Assurant Inc. (AIZ) announced a 7% increase in its quarterly common stock dividend on May 14, 2010. The board of directors of Assurant will now pay a quarterly dividend of 16 cents per share, up from 15 cents...
17May2010 | vitalstocks | 0 comments | Continued(WFC) Wells Fargo Announces Expected Revenue Growth
In an investors’ conference last week, Wells Fargo & Co. (WFC) disclosed that it is aiming for a 10% growth in revenues per annum. The investors’ conference of Wells Fargo which happened for the first time in the last 12 years saw the management detailing the company’s...
17May2010 | vitalstocks | 0 comments | Continued(FDO) Family Dollar Stores Second Quarter 2010 Earnings Scorecard
Family Dollar Stores, Inc. (FDO) posted better-than-expected second-quarter 2010 results on April 7, 2010, due to robust sales witnessed in the Seasonal and Electronics, Home Products and Consumable categories, boosting investors’ confidence. Wall Street analysts have now had...
17May2010 | vitalstocks | 0 comments | Continued(NTAP) NetApp Completes Acquisition of Bycast
Leading storage and data management solutions company NetApp Inc. (NTAP) has completed the acquisition of privately held object-based storage software developer Bycast Inc. in an all-cash transaction. This will surely enhance the market value of NetApp, as the Bycast acquisition...
17May2010 | vitalstocks | 0 comments | Continued(ALKS) Alkermes’ Quarterly Earnings Report Shows Revenue Dip
Alkermes Inc. (ALKS) reported a fourth quarter fiscal 2010 net loss of 12 cents per share (excluding special items but including stock-based compensation) compared with a loss of 13 cents per share in the year-ago period; excluding the impact of the termination of collaboration...
17May2010 | vitalstocks | 0 comments | Continued(SLXP) Salix Pharmaceuticals Exceeds Consensus Estimates
Salix Pharmaceuticals, Ltd. (SLXP) reported a net loss of 45 cents per share in the first quarter of 2010, 6 cents better than the Zacks Consensus Estimate. The company had guided towards a net loss of 50 cents. Salix reported a net loss of 29 cents in the year-ago period. Net...
17May2010 | vitalstocks | 0 comments | Continued(AGNC) American Capital Agency to Offer Common Shares
American Capital Agency Corp. (AGNC), a leading real estate investment trust (REIT), has recently announced plans to offer 6.0 million common shares at $25.75 each to raise cash. The company will also grant the underwriters an option to purchase an additional 0.9 million shares...
17May2010 | vitalstocks | 0 comments | Continued(VZ) Verizon Adds Adds Time Warner to FiOS TV
Verizon (VZ) has announced a major enhancement to its FiOS TV service by adding the network services of media giant Time Warner Inc. (TWX). The US wireless ace has reportedly signed a pact with Time Warner under which the latter’s popular online TV content will be featured...
17May2010 | vitalstocks | 0 comments | Continued(S) Sprint-Nextel Prepares to Debut 4G EVO
Sprint Nextel (S) has officially revealed the launch date of the world’s first 4G handset dubbed “EVO 4G”. The feature-rich state-of-the-art device will be exclusively launched on the carrier’s network starting Jun 4, 2010 ending the prolonged wait for a 4G handset....
17May2010 | vitalstocks | 0 comments | Continued(MDVN) Medivation Quarterly Report Shows Wider Loss
Medivation Inc. (MDVN) reported a loss of 51 cents per share in the first quarter of 2010, exceeding the Zacks Consensus Estimate of a loss of 42 cents and the year-ago loss of 19 cents. Lower revenues and higher expenses led to the higher loss. Revenues for the quarter were...
17May2010 | vitalstocks | 0 comments | Continued(BSX) Boston Scientific Earns FDA Approval For Defibrillator Break-Away Lead Delivery System
Boston Scientific Corp. (BSX) recently received U.S. Food and Drug Administration (FDA) approval of the ACUITY Break-Away Lead Delivery System for use with cardiac resynchronization therapy defibrillators (CRT-Ds) and cardiac resynchronization therapy pacemakers (CRT-Ps). The...
17May2010 | vitalstocks | 0 comments | Continued(GE) Three Companies Upgrading America’s Electric Grid
The U.S. electrical power grid is America’s national “engine.” In fact, it’s been described as the largest system of interconnected machines on the planet. Just consider these statistics: It boasts over one million megawatts of generating capacity. It has 9,200 generating...
17May2010 | InvestmentU | 0 comments | Continued(NTT) Nippon Telegraph & Telephone Quarterly Results Mostly Inline
Nippon Telegraph & Telephone Corp. (NTT) declared full fiscal 2009 (ended March 31, 2010) financial results that were mostly in line with the company’s revised guidance. On a GAAP basis, net income in fiscal 2009 was approximately $5,297 million or $2 per share compared...
17May2010 | vitalstocks | 0 comments | Continued(TUP) Tupperware Brands – Earnings Estimates Are Trending Higher
Tupperware Brands (TUP) has beaten the Zacks Consensus Estimate in each of the last five quarters by an average of 28.4%. Growth and Income The company is expected to grow its earnings per share 23% in 2010, 13% in 2011, and 12% per year for the long term. The stock also offers...
17May2010 | vitalstocks | 0 comments | Continued(SPWRA) SunPower’s First Quarter Loss Widens
SunPower Corporation (SPWRA) reported a first-quarter loss per share of 4 cents, a penny more than the Zacks Consensus Estimate of a 3-cent loss. However, on a GAAP basis, the company reported a quarterly EPS of 13 cents, compared to a 12-cent loss in the year-ago quarter. The...
17May2010 | vitalstocks | 0 comments | Continued(INTU) Intuit Grows Health Solutions Business
Intuit Inc. (INTU) recently announced an agreement to acquire privately held Medfusin for $91 million. Medfusion’s online solution helps patients communicate with their providers to schedule appointments, pay bills, request prescription refills, complete medical forms, review...
17May2010 | vitalstocks | 0 comments | Continued(NVDA) NVDIA Beats The Street as Revenues Rise
NVDIA Corp. (NVDA) reported first quarter 2011 EPS of 23 cents, exceeding the Zacks Consensus Estimate of 22 cents per share. Revenues The company reported first quarter 2011 revenues of $1.0 billion, up 2% from the previous quarter and up 51% from the year-ago quarter. Revenues...
17May2010 | vitalstocks | 0 comments | Continued