Archive for June, 2010
(AN) AutoNation’s Sales Figures Outpace Overall U.S. Sales
AutoNation Inc. (AN) has posted a 22% rise in sales to 19,283 vehicles during May. With this, the automotive retailer has outpaced the sales gain of 19% in the U.S. during the month. Sales in AutoNation’s Domestic segment — comprising stores that sell vehicles manufactured...
6Jun2010 | vitalstocks | 0 comments | Continued(ASR) Grupo Aeroportuario Reports May Traffic Booms
Grupo Aeroportuario del Sureste, S.A.B. de C.V. (ASR) has released its total passenger traffic data for the month of May 2010. During the month, passenger traffic topped with 85.8% rise year over year, with domestic passenger traffic increasing 42.7% and international passenger...
6Jun2010 | vitalstocks | 0 comments | Continued(AIG) Prudential-American International Group Deal May Collapse
American International Group (AIG) rejected Prudenial PLC’s (PUK) offer price of $30.375 billion to buy AIG’s Asian life-insurance unit, AIA Group, on June 1, 2010. AIG considers AIA to be a valuable property and is not ready to settle for a lower value, as it believes AIA...
3Jun2010 | vitalstocks | 0 comments | Continued(BOFL) U.S. Bank Failures Hit 78 in 2010 So Far
The ongoing economic volatility has taken its toll on another set of banks last week. On Friday, five more were shuttered by U.S. regulators. Out of the five failed banks, three were based in Florida and one each in Nevada and California. This brings the total number of bank...
3Jun2010 | vitalstocks | 0 comments | Continued(LUV) Southwest Airlines Analyst Maintains Neutral Rating
We are maintaining a Neutral recommendation on the shares of Southwest Airlines (LUV). We believe the company’s strong balance sheet, low costs, several revenue initiatives, network optimization and hedging strategy make for a compelling investment opportunity. However, heavy...
3Jun2010 | vitalstocks | 0 comments | Continued(AMD) Advanced Micro Devices’ Fusion Processor On Track at Computex 2010
Over the past two years, Advanced Micro Devices (AMD) has proclaimed that “The Future is Fusion”, as it diverted customers from “The Smarter Choice” branding campaign launched several years earlier. But judging from the recently demonstrated AMD Fusion processor...
3Jun2010 | vitalstocks | 0 comments | Continued(DAL) Delta Air Lines Pays Penalty to U.S. Department of Transportation
Delta Air Lines Inc. (DAL), the world’s largest airline, has to pay penalties of $40,000 to the U.S. Department of Transportation (DOT) for violating the consumer protection rules. DOT stated that the airlines have to disclose the full price to the consumers that they have...
3Jun2010 | vitalstocks | 0 comments | Continued(AMGN) Amgen’s Pipline Candidate Prolia Earns FDA Approval in U.S.
Amgen Inc. (AMGN) is on a roll with its key pipeline candidate, Prolia, receiving back to back approval in both the EU and the US. While Prolia gained approval in the EU for the treatment of osteoporosis in postmenopausal women at increased risk of fractures and the treatment...
3Jun2010 | vitalstocks | 0 comments | Continued(HUM) June 2010 – Industry Outlook – Health Care Stock Review
The health care sector comprises different industries, ranging from managed care organizations, healthcare facilities providers and medical devices manufacturers to biotech and pharmaceutical companies. Consequently, we believe that investors in this sector should be mindful...
3Jun2010 | vitalstocks | 0 comments | Continued(AAPL) Apple’s iPad Sales Are Still Hot
Apple Inc. (AAPL) reportedly sold more than 2.0 million iPads in fewer than 60 days since its launch, due to huge demand for the multimedia touch-screen device. Additionally, a strong international debut for iPads has helped to beat most of the analysts’ and the Street’s...
2Jun2010 | vitalstocks | 0 comments | Continued(BHI) U.S. Drilling Rig Count Climbs Further
In its weekly release, Houston-based oilfield services company Baker Hughes Inc. (BHI) reported a rise in the U.S. rig count (number of rigs searching for oil and gas in the country), driven by intensified drilling activity by the oil producers that more than offset a decline...
2Jun2010 | vitalstocks | 0 comments | Continued(SPWRA) SunPower Wins Another Contract
SunPower Corporation (SPWRA) won a contract from the San Ramon Valley Unified School District (“SRVUSD”) board of education to install high efficiency solar power systems totaling more than 3 megawatts (MW) at six schools in the district. Construction will be completed...
2Jun2010 | vitalstocks | 0 comments | Continued(TEF) Telefonica Raises Buyout Bid For Vivo Participacoes
Spanish telecom behemoth Telefonica (TEF) remains desperate to grab full control of Brazilian wireless kingpin Vivo Participacoes (VIV) as it has reportedly raised its bid to €6.5 billion (US$8 billion). However, the offer has been rebuffed by Portugal Telecom (PT), which remains...
2Jun2010 | vitalstocks | 0 comments | Continued(F) Ford Motor Company – Earnings Estimates Take a Nice Jump
Ford Motor Co. (F) recently hit a new 5-year high after reporting another great quarter in late April that included a 48% earnings surprise. Although shares have pulled back a bit over the last few weeks in the weak market, the up trend of the last 14 months is still in tact. Company...
2Jun2010 | vitalstocks | 0 comments | Continued(WIN) Windstream Completes Acquisition of Iowa Telecom
Leading rural telecom carrier Windstream Corporation (WIN) has reportedly completed its acquisition of Iowa Telecom (IWA), a small local exchange operator providing wireline services in rural Iowa, Minnesota, and Missouri. This follows approval of the deal by the state regulators...
2Jun2010 | vitalstocks | 0 comments | Continued