Archive for January, 2011
(AMAT) Applied Materials Incorporated – Bull of the Day
Applied Materials (AMAT) is one of the world’s largest suppliers of fabrication equipment to semiconductor, LCD and solar PV cell manufacturers. Applied’s product breadth, strong position in China, improving trends across served markets, new design wins, market share...
19Jan2011 | vitalstocks | 0 comments | Continued(EIA) Alternative Energy Industry Outlook – January 2011 – Industry Outlook
OUTLOOK Like everyone else, the Alternative Energy industry was hit hard by the Great Recession and essentially remains in recovery mode. And while the economy is in recovery mode, so is our hope for the industry. The growth outlook of alternative energy companies is closely...
18Jan2011 | vitalstocks | 0 comments | Continued(TWC) Time Warner Cable Joins Sinclair Broadcast Group to Prevent TV Blackout
Time Warner Cable Inc. (TWC) recently entered into a tentative agreement with Sinclair Broadcast Group Inc. (SBGI) to ensure uninterrupted services of Sinclair local TV station affiliates such as FOX and ABC channels to about 4 million Time Warner Cable video customers. The dispute...
18Jan2011 | vitalstocks | 0 comments | Continued(BMC) BMC Software Wins Deal
Deal wins continue for BMC Software Inc. (BMC). After sealing a couple of major deals in the preceding month, the leading large enterprise software company clinched a deal from Hong Kong based information technology (IT) services provider, Automated Systems Holdings Limited (The...
17Jan2011 | vitalstocks | 0 comments | Continued(GE) Ranking Tech, Energy, Aerospace and Conglomerates
In my weekly Earnings Trends report, I rank the 16 economic sectors on a wide variety of earnings and sales metrics. The report just looks at the 500 firms in the S&P 500, not the whole Zacks Universe. However, since it is organized by the individual metric, such as Annual...
17Jan2011 | vitalstocks | 0 comments | Continued(MON) U.S. International Trade Deficit Falls Again
The Trade Deficit fell in November to $38.31 billion from $38.42 billion in October. The fall in the trade deficit is good news for the economy. The trade deficit was also smaller than the $41.0 billion consensus expectation. On a year-over-year basis, the total trade deficit...
17Jan2011 | vitalstocks | 0 comments | Continued(BHI) U.S. Drilling Rig Count Holds Steady at 1700
In its weekly release, Houston-based oilfield services company Baker Hughes Inc. (BHI) reported an unchanged U.S. rig count (number of rigs searching for oil and gas in the country), as increase in the number of oil rigs was offset by a fall in the natural gas rig count. The...
17Jan2011 | vitalstocks | 0 comments | Continued(APC) Natural Gas Stockpiles Fall 138 Bcf – U.S. Energy Department
The U.S. Energy Department’s weekly inventory release showed a smaller-than-expected drop in natural gas supplies, attributable to slightly warmer-than-normal weather conditions. The ‘Weekly Natural Gas Storage Report’ – as reported by the Energy Information Administration...
15Jan2011 | vitalstocks | 0 comments | Continued(C) Company News for January 07, 2011 – Corporate Summary
• Citigroup (NYSE:C) is reportedly looking for a buyer for its CitiFinancial Unit for as much as $1 billion • Goldman Sachs (NYSE:GS) has added Diamond Offshore (NYSE:DO) to its Conviction Buy List, upgrading the shares from a “selling” rating previously held,...
14Jan2011 | vitalstocks | 0 comments | Continued(AA) Stock Market News for January 14, 2011 – Market News
On Thursday, markets ended marginally lower and shed gains from the previous session. The dismal show of the indices yesterday was primarily due to disappointing economic data. However, successful bond auctions in Europe somewhat soothed investors’ frayed nerves. The Dow...
14Jan2011 | vitalstocks | 0 comments | Continued(AEP) Company News for January 14, 2011 – Corporate Summary
• Intel (NASDAQ:INTC) reported fourth quarter earnings of $0.59, ahead of the Zacks Consensus Estimate of $0.53, on revenues of $11.5 billion beating the Zacks Consensus Estimate of $10.73 billion. Gross profit margins came in at 67.5%. The firm lifted first quarter sales...
14Jan2011 | vitalstocks | 0 comments | Continued(ADP) Stock Market News for January 7, 2011 – Market News
On Thursday, markets shed their winning streak to fall marginally lower. Figures of Retailer’s sales during the holiday shopping season were disappointing enough to take the indices down. Moreover, weak data about unemployment added to the jitteriness of investors. The Dow...
13Jan2011 | vitalstocks | 0 comments | Continued(JCOM) j2 Global Communications – Bull of the Day
We upgrade our recommendation for j2 Global Communications (JCOM) to Outperform. According to our view, the company’s strong financial position and diversified product pipeline, in synergy with the long-term growth prospects for outsourced value-added messaging services,...
13Jan2011 | vitalstocks | 0 comments | Continued(BHI) 2011 Begins with 1,700 Oil and Gas Rigs in United States
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 number of land rigs. The Baker Hughes rig count, issued...
13Jan2011 | vitalstocks | 0 comments | Continued(WYNN) Wynn Resorts Limited – Bull of the Day
Wynn Resorts, Ltd. (WYNN) third quarter 2010 earnings results improved on a year-over-year basis, primarily driven by higher-than-expected top-line growth. With the global economy showing a gradual recovery, the company is experiencing an increase in demand. Its Las Vegas business...
13Jan2011 | vitalstocks | 0 comments | Continued(SKX) Skechers U.S.A. – Bear of the Day
Skechers U.S.A. (SKX) third-quarter 2010 results missed the Zacks expectations for the 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...
13Jan2011 | vitalstocks | 0 comments | Continued(LEAP) Leap Wireless Strategy Adds Customers in Fourth Quarter 2010
After a gap of two consecutive quarters, Leap Wireless International Inc. (LEAP), a small-sized prepaid wireless services provider in the U.S. operating under the brand name “Cricket,” has generated net customer additions in the fourth quarter of 2010. This turnaround was...
13Jan2011 | vitalstocks | 0 comments | Continued(AIG) Stock Market News for Jan 12, 2011 – Market News
Markets on Tuesday climbed modestly higher as the euro-zone debt crisis eased to lessen investors’ nervousness. Reports of a New York appeals court ruling in favor of MBIA Inc. and upbeat earnings results also helped indices break out of the red zone. Indices gained modestly...
13Jan2011 | vitalstocks | 0 comments | Continued(AIG) Company News for January 12, 2011 – Corporate Summary
• JP Morgan (NYSE:JPM) has downgraded Goldman Sachs (NYSE:GS) from “overweight” to “neutral” rating because of valuation concerns, setting a target price of $175 • AIG (NYSE:AIG) has planned to sell off its Taiwan life insurance unit for $2.16...
13Jan2011 | vitalstocks | 0 comments | Continued(AIG) Stock Market News for January 13, 2011 – Market News
Markets rose to fresh highs as bank stocks led the rally following optimistic earnings prospects and some upgrades. Benchmarks touched multi-year highs as concerns about the euro-zone debt crisis eased and the Federal Reserve released an upbeat report. The Dow gained 0.7% and...
13Jan2011 | vitalstocks | 0 comments | Continued(CTSH) Company News for January 13, 2011 – Corporate Summary
• Baird has upgraded Micron (NYSE:MU) from “neutral” to “outperform” increasing the target price from $8 to $15 • Infosys (NASDAQ:INFY) posted fiscal third quarter earnings of $0.69, above the Zacks Consensus Estimate of $0.66, on revenues of $1.59...
13Jan2011 | vitalstocks | 0 comments | Continued(AAPL) Verizon Communications iPhone to Debut February 10th
Market speculation about Verizon Wireless selling Apple Inc. (AAPL) iPhone 4 has been appeased with the two companies finally reaching an agreement. Verizon announced that it will begin selling the handset from February 10, 2011 and pre-orders for existing customers will be cleared...
12Jan2011 | vitalstocks | 0 comments | Continued(INTC) Intel Third Quarter Earnings Preview
We expect few surprises when Intel Corp (INTC) reports earnings later this week, as reflected in the limited number of estimate revisions over the past few months. Third Quarter Highlights Intel Corp’s third quarter earnings were slightly better than the company’s expectations,...
12Jan2011 | vitalstocks | 0 comments | Continued(AMD) Company News for January 10, 2011 – Corporate Summary
• DuPont (NYSE:DD) reported plans to purchase Danish firm Danisco for $5.8 billion in cash, which is expected to cut 2011 earnings of $3.30-$3.60 by a range of $0.30-$0.45 per share • Playboy Enterprises (NYSE:PLA) is reportedly going private at $6.15 per share • Duke...
12Jan2011 | vitalstocks | 0 comments | Continued(GOOG) Cree Unveils the Most Efficient, Most Profitable Lamp Ever
by Alexander Moschina, Investment U Research Wednesday, January 12, 2011 Imagine a market worth $90 billion – and set to compound at an annual rate of 22%, according to NextGenResearch. Imagine no more. Analysts say this will become a reality for the Light-Emitting Diode...
12Jan2011 | InvestmentU | 0 comments | Continued(SAP) Is SAP a Takeover Candidate?
by Tony D’Altorio, Investment U Research Wednesday, January 12, 2011 German software company SAP ADR (NYSE: SAP) struggled with management issues throughout 2008 and 2009. Naturally, that uncertainty affected its customers and employees. So in February 2010, the newly appointed...
12Jan2011 | InvestmentU | 0 comments | Continued(ADP) Stock Market News for January 10, 2011 – Market News
On Friday, the markets sunk to close in the red as financial stocks plunged following the court’s ruling of two foreclosures as invalid. Disappointing jobs growth data also added to the concern of the nervy investors and led the indices down. The Dow Jones Industrial Average...
12Jan2011 | vitalstocks | 0 comments | Continued(APKT) One Sector Has Quietly Lurked in the Shadows – The Coming $1.7 Trillion Tech Sector Wave
by Matthew Carr, Contributing Editor, Investment U Monday, January 10, 2011: Issue #1424 Over the past year, we’ve heard a lot about precious metals and other commodities. We’ve heard a lot about healthcare, financials and automakers. Heck, even the rare earth area has...
12Jan2011 | InvestmentU | 0 comments | Continued(SSS) Restaurant Industry Stock Review – January 2011 – Industry Outlook
The restaurant industry finally appears well positioned for gradual improvement in the first half of 2011. The industry had been depressed by extremely tough challenges since the end of 2009 from the economic turmoil that resulted in weak labor and tight credit markets, resulting...
11Jan2011 | vitalstocks | 0 comments | Continued(BA) Boeing Announces More Orders for Commercial 737 Aircraft
The Boeing Company (BA) announced that it received an order from CIT Group Inc.’s (CIT) unit CIT Aerospace to deliver 38 Next Generation 737. CIT Aerospace also booked purchase rights for seven additional 737s. The order comprises two different models of 737, 15 of 737-900ER...
11Jan2011 | vitalstocks | 0 comments | Continued