Archive for October, 2010
(FSLR) First Solar Signs Contract Expansions With Seven Customers
First Solar Inc. (FSLR) has signed contract volume expansion agreements with seven customers leading to a 380 megawatt (MW) increase in its order backlog for 2011 over previously announced volumes. The expanded contracts are with existing customers and will serve predominantly...
14Oct2010 | vitalstocks | 0 comments | Continued(AA) Five Windows into the Economic World – Economic Resurgence
by Matthew Weinschenk, Contributing Editor Thursday, October 14, 2010: Issue #1366 Forget the Four Horsemen of the Apocalypse. While they foretold the end of days, there are five new riders in town, with a new prophecy: There will be no double-dip recession. The market will...
14Oct2010 | InvestmentU | 0 comments | Continued(MDRX) Companies Helping to Solve Medicare Fraud and Waste
by Marc Lichtenfeld, Healthcare Expert Wednesday, October 13, 2010: Issue #1365 It was one year ago that television show 60 Minutes broadcast an in-depth report into Medicare fraud. The incredible conclusion was just how easy it is for criminals to rip off taxpayers. (I don’t...
14Oct2010 | InvestmentU | 0 comments | Continued(AAPL) Apple Fourth Quarter 2010 Earnings Preview
Apple Inc. (AAPL) is slated to release its fourth quarter 2010 results on October 18, 2010, after the market close. Since the beginning of the year, shares have risen 39.5%. The Zacks Consensus Estimate for the fourth quarter of 2010 is $4.02 per share, representing growth of...
14Oct2010 | vitalstocks | 0 comments | Continued(AA) Stock Market News for October 13, 2010 – Market News
Stocks got a modest lift on Tuesday as minutes from a Fed meeting fuelled hopes that the central bank would soon undertake measures to stimulate economic growth. All major indexes rose, with the tech-heavy Nasdaq leading the advance. The index gained 0.7% to 2417.92. The Dow...
13Oct2010 | vitalstocks | 0 comments | Continued(JPM) JPMorgan Chase & Company Beats The Street!
JPMorgan Chase & Company’s (JPM) third quarter earnings came in at $1.01 per share, substantially ahead of the Zacks Consensus Estimate of 91 cents. Results also soared from the earnings of 82 cents in the prior-year quarter. The better-than-expected numbers were primarily...
13Oct2010 | vitalstocks | 0 comments | Continued(F) Ford Motor Sales Up 27% in Asia and Africa
Ford Motor Co. (F) has posted a 27% rise in sales to 78,700 units in its Asia Pacific and Africa region Incorporatedluding Australia, China, India, Thailand and South Africa. This was attributable to impressive sales of the newly launched Ford Fiesta in South East Asia and Ford...
13Oct2010 | vitalstocks | 0 comments | Continued(L) Loews Analyst Upgrades Shares to Neutral
We are upgrading our recommendation on the shares of Loews Corp. (L) to “Neutral” from “Underperform” in view of our expectations of improved earnings from its CNA Financial segment, going forward. Recently, CNA Financial announced an agreement to transfer its legacy...
13Oct2010 | vitalstocks | 0 comments | Continued(AA) Alcoa Third Quarter 2010 Earnings Scorecard
Shares of Alcoa Inc. (AA) advanced 8% and reached its April highs after the aluminum major posted higher-than-expected third quarter 2010 results. An optimistic aluminum demand outlook further added to the positive market sentiments. Third Quarter Review In the third quarter...
13Oct2010 | vitalstocks | 0 comments | Continued(ASML) Company News for October 13, 2010 – Corporate Summary
• Last night’s interims included a 2-cent beat from Intel (NASDAQ:INTC), as earnings for the third quarter came in at $0.52, on revenues of $11.1 billion, up 18.2% YoY, and up from Street estimates of $11 billion • Railroad operator CSX (NYSE:CSX) posted third quarter...
13Oct2010 | vitalstocks | 0 comments | Continued(MFB) Maidenform Brands Incorporated – Sales Jumped 31% in the Second Quarter
Maidenform Brands Inc. (MFB) is still cashing in on demand for shapewear. Who knew shapewear could be so hot? Maidenform Brands sells intimate apparel at department stores and other retail outlets through a collection of recognizable brands including Maidenform, Lilyette, Control...
12Oct2010 | vitalstocks | 0 comments | Continued(CBI) BP & Chicago Bridge & Iron Company Enter Licensing Agreement
Chicago Bridge & Iron Company N.V. (CBI) through its business unit, Lummus Technology signed an agreement with BP plc (BP), a London-based oil and gas company, for an exclusive right to sell, market and license BP’s paraxylene recovery and isomerization technology worldwide. Lummus...
12Oct2010 | vitalstocks | 0 comments | Continued(F) Ford Motor Earns Moody’s Ratings Upgrade
Moody’s Investors Service, the credit rating agency of Moody’s Corporation (MCO), has upgraded its ratings outlook on Ford Motor Co. (F) based on improved operating performance of the automaker. The rating agency raised Ford’s corporate family rating from B1 to...
12Oct2010 | vitalstocks | 0 comments | Continued(TQNT) TriQuint Semiconductor Analyst Reiterates Neutral Rating on Shares
We recently reiterated our NEUTRAL recommendation on TriQuint Semiconductor Inc. (TQNT). TriQuint is among the leading players in the handset market. The two important areas where the handset market is expected to grow in 2010 are GSM phones and smartphones. TriQuint’s wireless...
12Oct2010 | vitalstocks | 0 comments | Continued(JPM) JPMorgan Chase Earnings Preview
JPMorgan Chase & Co. (JPM) is scheduled to report its third quarter 2010 results before the market opens on Wednesday, October 13, 2010. The Zacks Consensus Estimate for the quarter is 89 cents per share, representing a growth of about 11% over the year-ago quarter. Seasonal...
12Oct2010 | vitalstocks | 0 comments | Continued(AIG) AIG TARP Losses to U.S. Costs Reduced to $30 Billion
After two years of financial struggle, the US Treasury witnessed some relief on Tuesday, when the losses under the Troubled Asset Relief Program (TARP) were recorded at a historical low of about $30 billion. This was made by the refreshed calculations done after American International...
12Oct2010 | vitalstocks | 0 comments | Continued(GOLD) Gold Rush Begins For Emerging Markets
by Tony D’Altorio, Investment U Research Monday, October 11, 2010 Ten years ago, the western world’s central banks were selling gold from their vaults just as fast as they could… at a rate equivalent to 10% of annual demand, about 442 tons. They didn’t see any further...
12Oct2010 | InvestmentU | 0 comments | Continued(STP) Suntech Power Holdings Company Increasing U.S. Exposure
Chinese solar panel maker Suntech Power Holdings Company Ltd. (STP) is increasing its exposure in the growing U.S. solar market, where its sales grew 35% sequentially in the second quarter of 2010. The company is eyeing a 15% – 20% market share in the U.S. in 2010. The company...
12Oct2010 | vitalstocks | 0 comments | Continued(BHI) U.S. Drilling Rig Count Continues to Grow
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), primarily reflecting an increase in the land rig count. The Baker Hughes rig counts, issued...
12Oct2010 | vitalstocks | 0 comments | Continued(ABT) Abbott Labs Removes Obesity Drug Meridia From Market
Abbott Labs (ABT) recently announced its intention to pull obesity drug Meridia from the US market. Abbott Labs’ decision was based on a request made by the US Food and Drug Administration (FDA). The FDA’s request was based on data from a post-marketing study (SCOUT –...
12Oct2010 | vitalstocks | 0 comments | Continued(JPM) JPMorgan Chase Invests in Solar Energy with SunEdison
On Wednesday, JPMorgan Chase & Co. (JPM) announced that its unit JPMorgan Capital Corporation has signed a deal with SunEdison to finance a solar (photovoltaic) energy development project. The amount to be invested by the company is approximately $60 million, which would...
12Oct2010 | vitalstocks | 0 comments | Continued(ENR) Energizer Holdings Wins Aquisition Bid for American Safety Razor
Energizer Holdings Inc. (ENR), a leading manufacturer and marketer of batteries, lighting and personal care products announced that it has won the bid to acquire substantially all the assets and certain liabilities of American Safety Razor Co. for $301 million in cash in a competitive...
12Oct2010 | vitalstocks | 0 comments | Continued(RPM) September Air Traffic Rebounds – Business Travel Increases
The U.S. airline industry is on track for a profitable year after a long drought. Currently, airlines are benefiting from the rebound in traffic Incorporatedluding an increase in business travel and premium service demand. With signs of sustained economic growth, the International...
12Oct2010 | vitalstocks | 0 comments | Continued(COP) Conoco Increases Natural Gas Liquids Plant Capacity
ConocoPhillips (COP) intends to expand the capacity of natural gas liquids (NGL) fractionation at a plant located at Mont Belvieu, Texas. Conoco owns this plant with two other partners Devon Energy Corp. (DVN) and Targa Resources Partners LP (NGLS). The companies have decided...
12Oct2010 | vitalstocks | 0 comments | Continued(WCRX) Warner Chilcott Earns US Food and Drug Administration Approval for Actonel
Warner Chilcott plc (WCRX) recently announced that the US Food and Drug Administration (FDA) approved a next-generation version of its postmenopausal osteoporosis treatment Actonel. The company plans to market this drug as Atelvia in the US and launch it commercially early next...
12Oct2010 | vitalstocks | 0 comments | Continued(SILC) Silicom Poised for New Growth
Silicom Ltd. Primed to Enter New Growth Phase Silicom (SILC) engages in the design, manufacture, marketing and support of connectivity solutions for a range of servers and server-based systems. The firm has several growth engines including Information Technology’s return to...
12Oct2010 | vitalstocks | 0 comments | Continued(INTC) Intel Earnings Reports Bests Forecasts for Third Quarter Report
Following Intel Corporation’s (INTC) self-described “best quarter ever” in its fiscal second quarter earnings report back in July, the world’s largest chip-maker has again posted a positive surprise. This time INTC reported 52 cents per share on revenues...
12Oct2010 | vitalstocks | 0 comments | Continued(JCP) J.C. Penney Reports Sales Increase for September 2010
J.C. Penney Company Inc. (JCP), a leading retailer of apparel, footwear, accessories, fashion jewelry, beauty products and home furnishings, recently reported its sales results for the five-week period ended October 2, 2010. The company’s comparable-store sales for September...
12Oct2010 | vitalstocks | 0 comments | Continued(INTC) The Dollar Steals the Show Again
Featured Post The Dollar Steals the Show Again The markets opened lower, driven by a slightly stronger Dollar and a drop in Asian markets. Wall Street is looking towards the FOMC Minutes which will be released at 2:00pm ET. The driving force behind the recent rally has been QE2...
12Oct2010 | vitalstocks | 0 comments | Continued(HOT) Hotels & Lodging Industry Outlook – October 2010 – Industry Outlook
With a gradual recovery of the global economy, the hotels and lodging industry is experiencing an increase in demand. The industry faced extremely tough challenges in the prior year due to the economic turmoil that resulted in weak labor and tight credit markets, resulting in...
12Oct2010 | vitalstocks | 0 comments | Continued