Archive for November, 2010
(AMLN) Amylin Pharmaceuticals Reports Wider Loss
Amylin Pharmaceuticals (AMLN) reported a net loss of 31 cents per share in the third quarter of 2010, three cents below the Zacks Consensus Estimate but well above the year-earlier loss of 19 cents. Lower revenues resulted in the wider loss. Revenues of $156.1 million missed...
12Nov2010 | vitalstocks | 0 comments | Continued(SMA) Symmetry Medical Maintains Shares at Neutral
We reiterate our Neutral rating on Symmetry Medical (SMA) following the company’s mixed third-quarter fiscal 2010 results. Earnings for the quarter missed the Zacks Consensus Estimate while profits skid 33% year over year on account of higher costs, which more than offset revenue...
12Nov2010 | vitalstocks | 0 comments | Continued(MOT) Motorola Incorporated 2010 Third Quarter Earnings Scorecard
Motorola Inc. (MOT) reported excellent third quarter 2010 results, beating the Zacks Consensus Estimate by 2 cents. Earnings benefited from growing market traction for its 3G Android-based smartphones. Overall, the analysts’ opinion remains positive on the stock, given the...
12Nov2010 | vitalstocks | 0 comments | Continued(DDS) Dillard’s October Retail Sales Slip
Fashion apparel and home furnishing retailer Dillard’s Inc.’s (DDS) comparable-stores sales dropped 1% for the four weeks ended October 30, 2010. Net sales for the same period also fell 2% year over year to $356.1 million. October comparable-store sales results showed an...
12Nov2010 | vitalstocks | 0 comments | Continued(CSC) Computer Sciences Corporation Reports Decent Earnings Numbers
Computer Sciences Corporation (CSC) reported second quarter 2011 earnings per share (EPS) of $1.18, exceeding the Zacks Consensus Estimate of $1.17. Revenue of $3.97 billion, remained below the Zacks Consensus Estimate of $3.99 billion. Revenue The company’s second quarter...
12Nov2010 | vitalstocks | 0 comments | Continued(HD) Valuations Rising – Are They Pricey? – AAII Investor Update
November 11, 2010 I noticed a decline in the number of stocks that were trading below their average valuations of the past five years in my Risk-Reward stock screen this past weekend. I was not surprised to see to this change, given the nice upward move in stocks we have had...
12Nov2010 | Shawn | 0 comments | Continued(AMSC) American Superconductor to Offer 4.6 Million Shares
Power technologies company, American Superconductor Corporation (AMSC) has recently announced plans to offer 4.6 million common shares to raise funds for capital expansion programs. The company will also grant the underwriters an option to purchase an additional 15% of the shares...
12Nov2010 | vitalstocks | 0 comments | Continued(ABC) Publishing Industry Outlook – November 2010
The publishing industry has long been grappling with sinking advertising revenue, and the recent global economic meltdown has worsened the situation. This comes in the wake of a longer-term secular decline as more readers choose to get news free online, thereby making the print-advertising...
12Nov2010 | vitalstocks | 0 comments | Continued(GD) General Dynamics Earns Electric Boat Order
Aerospace and defense operator General Dynamics (GD) announced that its unit Electric Boat received an order worth $7.3 million from the U.S. Navy to procure long-lead-time materials and machining for Ohio-class submarines. This new order is a part of the original contract awarded...
12Nov2010 | vitalstocks | 0 comments | Continued(PRU) Prudential Financial to Buy AIG’s Japanese Life Insurance Units
US insurer Prudential Financial Inc. (PRU) has commenced the offering of 18.4 million of its common shares at a price of $54.50 each. The net funds of $970 million from the issue would be used to finance part of the acquisition of American International Group Inc.’s (AIG) two...
12Nov2010 | vitalstocks | 0 comments | Continued(DIS) Company News for November 12, 2010 – Corporate Summary
• Disney (NYSE:DIS) reported fiscal fourth quarter earnings of $0.45 ex-items, a one cent miss, versus $0.47 a year earlier, as revenues fell 1.4% to $9.7 billion and were below estimates of $9.9 billion • Nvidia (NASDAQ:NVDA) profits fell 21% to $0.15, a one penny beat,...
12Nov2010 | vitalstocks | 0 comments | Continued(A) Stock Market News for November 12, 2010 – Market News
Sharp differences among global leaders over trade policies and a flaring currency dispute that was keeping investors on toes lost some significance on Thursday as Cisco System’s disappointing outlook surprised the market and sent stocks lower. The Dow average plunged more than...
12Nov2010 | vitalstocks | 0 comments | Continued(HTH) Hilltop Holdings Report Shows Losses Scaling Up
On November 4, Hilltop Holdings Inc. (HTH) filed its 10-Q to report the third quarter 2010 results. Net loss attributable to common stockholders increased to $7.2 million or 13 cents per share from a net loss of $0.9 million or 2 cents per share in the year-ago period. This also...
11Nov2010 | vitalstocks | 0 comments | Continued(DD) September 2010 U.S. Trade Deficit Improves a Bit
The Trade Deficit fell in September to $44.00 billion after it rose in August to $46.48 billion. The fall in the trade deficit is very good news for the economy. The trade deficit was also smaller than the $44.8 billion consensus expectation. On a year-over-year basis, the total...
11Nov2010 | vitalstocks | 0 comments | Continued(CZZ) Cosan Limited Beats The Street on Higher Revenues
Cosan Limited’s (CZZ) net earnings in the second quarter of 2011 were US$76.7 million, up 20% year over year and above $11.9 million of net loss reported in the previous quarter. The net income improvement was driven by higher revenues due to an increase in volumes sold, higher...
11Nov2010 | vitalstocks | 0 comments | Continued(BA) Stock Market News for November 11, 2010 – Market News
Stocks managed to close in the positive territory on Wednesday even as investors remained jittery ahead of the Group of 20 meeting in Seoul. There are speculations some nations would question the rationale behind the Federal Reserve’s bond-buying program as they see the move...
11Nov2010 | vitalstocks | 0 comments | Continued(AAPL) Company News for November 11, 2010 – Corporate Summary
• Wal-Mart (NYSE:WMT) said it will offer free shipping on its website through December 20 • Research In Motion (NASDAQ:RIMM) said it will offer its BlackBerry PlayBook tablet computer for less than $500, a move likely to undercut prices for Apple’s (NASDAQ:AAPL) winning...
11Nov2010 | vitalstocks | 0 comments | Continued(JNPR) Juniper Networks Reports Quarterly Earnings In Line With The Street
Juniper Networks Inc. (JNPR) posted adjusted earnings per share of 26 cents, in line the Zacks Consensus Estimate. Revenues Juniper Networks’ revenues rose 23.0% year over year to $1.01 billion in the third quarter, but came in slightly below the Zacks Consensus Estimate of...
10Nov2010 | vitalstocks | 0 comments | Continued(SKX) Skechers U.S.A. – Bear of the Day
Skechers USA’s (SKX) third-quarter 2010 results missed the Zacks expectations for top and bottom lines, reflecting sluggish sales trends and order cancellations. Consequently, total inventories increased 70.3% to $326.7 million over the prior-year quarter. Management hinted...
10Nov2010 | vitalstocks | 0 comments | Continued(GLD) Protect Yourself from the Crash of 2011
by Marc Lichtenfeld, Senior Analyst Wednesday, November 10, 2010: Issue #1385 There’s going to be a massive stock and bond market selloff in the first half of 2011. Not only that, the selloff could cause a worldwide financial disaster, global market crashes and the destruction...
10Nov2010 | InvestmentU | 0 comments | Continued(MPEL) Macau is “Vegas of the East” – a $22 Billion Cash Mine
by Alexander Moschina, Investment U Research Wednesday, November 10, 2010 Just 40 minutes from Hong Kong, the chips are rattling… the slots are ringing… and casino operators are raking in enormous sums of money. While gambling revenue in Atlantic City is down 8.7% from...
10Nov2010 | InvestmentU | 0 comments | Continued(USB) U.S. Bancorp Earnings Beat The Street
U.S. Bancorp (USB) reported third quarter 2010 earnings attributable to common shareholders of $871 million or 45 cents per share, two cents ahead of the Zacks Consensus Estimate of 43 cents. The results also compare favorably with the prior quarter’s earnings of $862 million...
9Nov2010 | vitalstocks | 0 comments | Continued(VMW) VMware Reports Strong Third Quarter Earnings Beat
VMware (VMW) reported strong third quarter 2010 results based on robust revenues and operating margin growth, partially offset by weak bookings outlook and a sluggish cash flow growth. Earnings (including stock-based compensation but excluding one time items) of 24 cents per...
9Nov2010 | vitalstocks | 0 comments | Continued(AKS) Company News for November 9, 2010 – Corporate Summary
• Chevron (NYSE:CVX) announced plans to buy Atlas Energy (NASDAQ:ATLS) for $4.3 billion, or $43.35 per share • Bank of America (NYSE:BAC) and PNC (NYSE:PNC) sold $8.3 billion of BlackRock (NYSE:BLK) shares in a secondary offering priced at $163 per share, a 3.6% discount...
9Nov2010 | vitalstocks | 0 comments | Continued(WFC) Wells Fargo Quarterly Earnings Beat Estimates
Wells Fargo & Company’s (WFC) third quarter 2010 operating earnings were 60 cents per share, well above the Zacks Consensus Estimate of 55 cents. Net income applicable to common stock came in at $3.34 billion compared with $3.24 billion in the prior-year quarter. During...
9Nov2010 | vitalstocks | 0 comments | Continued(IBM) International Business Machines Third Quarter In Depth
Tech giant International Business Machines Corp. (IBM) reported third quarter 2010 earnings that beat the Zacks Consensus Estimate. The current quarter profitability was fueled by margin expansion due to a shift to the higher-margin software business Incorporatedreased sales...
9Nov2010 | vitalstocks | 0 comments | Continued(HNAB) Hana Bioscience Encouraging Phase II Results
Written by Grant Zeng, CFA Hana Biosciences Inc. ( HNAB ) A decent pipeline with late stage candidates… South San Francisco, CA based Hana Biosciences, Inc. (Hana) is a late development stage biopharmaceutical company which is focused on two cancer care areas: cancer...
9Nov2010 | vitalstocks | 0 comments | Continued(DD) EI DuPont de Nemours & Company – Bull of the Day
DuPont (DD) is focused on capturing $1 billion in working capital productivity gains during 2011-2013. The company is also on track to achieve a combined $600 million in benefits from fixed cost productivity and restructuring actions. DuPont is executing strategies for further...
9Nov2010 | vitalstocks | 0 comments | Continued(PFS) ImmunoCellular Therapeutics Targeting Cancer Stem Cells
Written by Grant Zeng, CFA ImmunoCellular Therapeutics (IMUC) Targeting Cancer Stem Cells: The Root Cause of Cancer Cancer treatment with therapeutics has made great progress in the past decade. Chemotherapy has long been the only option for oncologists to fight cancers. But...
9Nov2010 | vitalstocks | 0 comments | Continued(PBCT) People’s United Financial’s Earnings Report Lags Estimates
Regional bank People’s United Financial Inc. (PBCT) announced third quarter 2010 operating earnings per share of 8 cents, which was below the Zacks Consensus Estimate of 10 cents. Earnings also compared unfavorably with 9 cents per share reported in the prior quarter, but...
7Nov2010 | vitalstocks | 0 comments | Continued