Archive for January, 2011
(BAC) Big Banks Move Towards Foreclosure Mess Settlement?
The much awaited foreclosure mess is expected to end soon with the five largest lenders – Bank of America Corporation (BAC), JPMorgan Chase & Co. (JPM), Citigroup Inc. (C), Wells Fargo & Company (WFC) and Ally Financial Inc – may be the first to settle the probe....
11Jan2011 | vitalstocks | 0 comments | Continued(XOM) U.S. Energy Department’s EIA – Another Sharp Crude Drawdown
The U.S. Energy Department’s weekly inventory release showed a larger-than-expected drop in crude stockpiles, while gasoline and distillate supplies climbed steeply. Meanwhile, refinery run-rates were up slightly from the previous week. The Energy Information Administration...
11Jan2011 | vitalstocks | 0 comments | Continued(NBIX) Focus Turns To Biotech Next Week
Focus Turns To Biotech Next Week The week of January 10th is perhaps one of the biggest weeks in the biotechnology industry. Three significant healthcare conferences will take place in San Francisco, headlined by the 29th annual J.P. Morgan Healthcare Conference held at the...
11Jan2011 | vitalstocks | 0 comments | Continued(AIG) American International Group Strong on Recapitalization Path
Moving a step ahead with its recapitalization plan, yesterday American International Group Inc. (AIG) announced a dividend of 10-year warrants worth $75 million, which will enable investors to purchase the company’s common stock at $45 per share. The declared dividend will...
11Jan2011 | vitalstocks | 0 comments | Continued(HRS) Harris Wins Tactical Radio Contract for U.S. State Department
Harris Corp. (HRS) has won a 5-year Indefinite Delivery, Indefinite Quantity (IDIQ) contract to provide tactical and land mobile radios to international allies of the U.S. State Department and U.S. Department of Defense. The potential size of the contract is $475 million. In...
11Jan2011 | vitalstocks | 0 comments | Continued(AMT) American Tower Analyst Downgrades Shares to Neutral
We downgrade our recommendation for American Tower Corp. (AMT) to Neutral, which signifies that the stock will perform almost in line with the broader market. American Tower continues its strong performance driven by substantial demand for tower space to facilitate high-speed...
11Jan2011 | vitalstocks | 0 comments | Continued(S) Sprint-Nextel Unveils Third 4G Smartphone
Sprint Nextel (S), the third-largest U.S. wireless carrier, unveiled its third 4G handset “HTC EVO Shift 4G”, which will be available in markets on January 9. The handset is priced at $149.99 after a $100 rebate and carries a two-year contract. The device “HTC EVO Shift...
11Jan2011 | vitalstocks | 0 comments | Continued(APC) Energy Information Administration – Natural Gas Reserves Fall
The U.S. Energy Department’s weekly inventory release showed a larger-than-expected drop in natural gas supplies, attributable to cold weather conditions across much of the country that pushed up the winter heating demand. The ‘Weekly Natural Gas Storage Report’ –...
11Jan2011 | vitalstocks | 0 comments | Continued(VZ) Verizon Communications & Vodafone Group to sell 4G Devices in Mid-2011
Verizon Wireless, a joint venture between Verizon Communications Inc. (VZ) and Vodafone Group plc (VOD), expects to unveil ten devices by mid-2011 to support its fourth generation (4G) network. The company plans to launch four smartphones, two tablet computers, two notebooks...
11Jan2011 | vitalstocks | 0 comments | Continued(BBY) RadioShack Set to Join the $24.9 Billion Tablet PC Craze
by Alexander Moschina, Investment U Research Tuesday, January 11, 2011 According to AlixPartners’ global retail practice director, Keith Jelinek, consumers were out in force over the recent holiday season, snapping up even more expensive products than last year. Unfortunately...
11Jan2011 | InvestmentU | 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,...
10Jan2011 | vitalstocks | 0 comments | Continued(AMSC) American Superconductor – Bear of the Day
American Superconductor Corporation (AMSC) is a technology company operating in the two primary markets of wind energy and smart grid infrastructure technology. American Semiconductor’s growth potential is based on its solid backlog of $956 million, its strong Chinese exposure,...
10Jan2011 | vitalstocks | 0 comments | Continued(QCOM) Qualcomm Announces Acquisition of Atheros
Qualcomm Inc. (QCOM), the largest global manufacturer of mobile phone chipsets, has decided to acquire leading Wi-Fi chip maker Atheros Communications Inc. (ATHR) for around $3.2 billion. According to our view, the primary reason of this acquisition is to offer an innovative...
7Jan2011 | vitalstocks | 0 comments | Continued(MCO) Moody’s Raises 2010 Outlook
A leader in the credit rating industry, Moody’s Corp (MCO) raised its full year 2010 revenue and earnings per share (EPS) guidance based on increased U.S. debt issuance and demand for junk bonds. The shares rose 8.6% ($2.35) and closed at $29.67 following the announcement. The...
7Jan2011 | vitalstocks | 0 comments | Continued(BBBY) Bed Bath & Beyond Incorporated – New Share Buy Back Approval Announced
Bed Bath & Beyond Inc. (BBBY) recently hit a new all-time high at $50.95 on another strong quarter from mid December that included a 12% earnings surprise. With an average earnings surprise of 13% over the last four quarters and a solid 14% growth projection, this Zacks #1...
7Jan2011 | vitalstocks | 0 comments | Continued(SIGA) These Healthcare Stocks Are Ready to Move Next Week
by Marc Lichtenfeld, Investment U’s Senior Analyst Wednesday, January 5, 2011: Issue #1421 Once again, I’ve secured my golden ticket to the most important healthcare event of the year. In the past, I’ve described the JP Morgan Healthcare Conference as the Super Bowl of...
7Jan2011 | InvestmentU | 0 comments | Continued(FDO) Family Dollar Deleted From Barchart Van Meerten New High Portfolio
Sometimes you have to let the numbers overrule your heart. Family Dollar (FDO) was deleted from the Barchart Van Meerten New High portfolio for recent negative price trends: 60% Barchart short term sell signal 48% Barchart overall sell signal Trend Spotter ™ sell signal Trading...
7Jan2011 | Shawn | 0 comments | Continued(HCBK) Hudson City Bancorp – Bear of the Day
Hudson City Bancorp’s (HCBK) third-quarter earnings came a penny behind the Zacks Consensus Estimate, reflecting lower interest margin, increased noninterest expense and a higher provision for loan losses. We expect pressure on earning assets and margin to continue with...
7Jan2011 | vitalstocks | 0 comments | Continued(AMZN) Facebook Private Stock Trading – Goldman Sachs Offers Clients Opportunity – AAII Investor Update
The latest Facebook offering shows just how willing some investors are to participate in the latest mania, even when another bubble burst not too long ago. Goldman Sachs is offering its clients the chance to participate in a $1.5 billion offering for shares of the social networking...
7Jan2011 | Shawn | 0 comments | Continued(ORCL) Oracle Corporation – Bull of the Day
Oracle Corp’s (ORCL) second quarter 2011 results outpaced Zacks Consensus Estimates, owing to strength in new software license sales. The company’s robust third quarter 2011 outlook led to a substantial rise in earnings estimates for the third quarter, fiscal 2011...
7Jan2011 | vitalstocks | 0 comments | Continued(VOX) Three Hot ETFs From Jim Van Meerten, Advisor to Marketocracy Capital Management
When I talk about a hot stock or hot ETF I don’t mean the most active or the fastest moving I’m talking of the ones that have hit the most frequent new high according to the new high lists on Barchart. Here are the ETFs for today. (VOX) – Telecom Services ETF...
7Jan2011 | Shawn | 0 comments | Continued(MAR) Marriott International Analyst Maintains Neutral Rating on Shares
We are maintaining our long-term Neutral recommendation for Marriott International Inc. (MAR), a worldwide operator and franchisor of a broad portfolio of hotels and related lodging facilities. Given the company’s strong pipeline, significant international exposure, solid balance...
6Jan2011 | vitalstocks | 0 comments | Continued(ZNH) Global Airline Industry Flies Into Profits
by Tony D’Altorio, Investment U Research Monday, January 3, 2010 After its nosedive in the recession, the global airline industry is now enjoying far less turbulence. It lost $16 billion in 2008 and $9.9 billion in 2009. But 2010 dealt with it much more kindly, doling out...
6Jan2011 | InvestmentU | 0 comments | Continued(JCOM) j2 Global Analyst Upgrades Shares to Outperform
We upgrade our recommendation for j2 Global Communications Inc. (JCOM) to Outperform. We believe the company’s strong financial position and diversified product pipeline, in synergy with the long-term growth prospects for outsourced value-added messaging services, will drive...
6Jan2011 | vitalstocks | 0 comments | Continued(CLR) Shale Oil Investments Profitable at $50 a Barrel – The US Shale Oil Boom
by Tony D’Altorio, Investment U Research Wednesday, January 5, 2011 Thanks to new and ever-improving technology, the U.S. natural gas is booming. Thanks to horizontal drilling and hydraulic fracturing, estimates of U.S. natural gas reserves have tripled. Now, that same technology...
6Jan2011 | InvestmentU | 0 comments | Continued(JBL) Jabil Circuit – Revenue Spikes 32%
Jabil Circuit, Inc (JBL) shares spiked on the recent earnings surprise, but you can still get in at a good price. A rush of upward revisions have increase the growth rates and pushed shares to a Zacks #1 Rank (Strong Buy). Company Description Jabil Circuit provides comprehensive...
5Jan2011 | vitalstocks | 0 comments | Continued(JBL) Jabil Circuit – Bull of the Day
Jabil Circuit’s (JBL) first quarter 2011 results were above the Zacks Consensus Estimate, driven by strong top-line growth and better-than-expected operating margins. We expect Jabil to achieve strong top-line growth with operating margin leverage and robust earnings momentum...
5Jan2011 | vitalstocks | 0 comments | Continued(VZ) What Brokers Don’t Want You to Know About – The “Pick Your Price” Trade
by Karim Rahemtulla, Investment U’s Options Expert Tuesday, January 4, 2011: Issue #1420 Did you know that there’s a trade that not only allows you to name your buy price, but also helps determine your return? Don’t expect many brokers to tell you about this one – it’s...
5Jan2011 | InvestmentU | 0 comments | Continued(MMM) 3M Company Announces Aquisition of Nida-Core
3M Company (MMM) has acquired a Port St. Lucie, FL-based manufacturer of structural honeycomb core and fiber-reinforced foam core materials, Nida-Core Corp. The company did not reveal the terms of the deal. Nida-Core offers a range of high-strength, low-weight, engineered materials....
5Jan2011 | vitalstocks | 0 comments | Continued(HTGC) Hercules Technology – Bear of the Day
We are downgrading our recommendation on Hercules Technology (HTGC) to Underperform from Neutral based on its rising expenses and weak fundamentals. Third quarter distributable net operating income came in ahead of the Zacks Consensus Estimate but remained below the prior-year...
5Jan2011 | vitalstocks | 0 comments | Continued