Archive for March, 2011

(NVDA) NVIDIA Corporation – Bull of the Day

NVIDIA Corp. (NVDA) is a worldwide leader in visual computing technologies. The company reported decent fourth-quarter numbers, but is optimistic about its long-term growth with the gradual recovery in demand for graphic chips. Moreover, the company rolled out the first quad-core... 

3Mar2011 | | 0 comments | Continued

(AMR) U.S. Airlines Fare Badly on Price War

Top players in the U.S. airlines industry reported a steep decline of approximately 50% in their domestic fares following a $20 price jump that was announced in February 2011. Larger carriers faced competitive pressure that led them to reduce their increase to as low as $10.00.... 

3Mar2011 | | 0 comments | Continued

(JNJ) Pharmaceutical Industry Outlook – March 2011 – Industry Outlook

The pharmaceutical industry continues to witness major challenges like sluggish prescription trends, EU pricing pressure, intensifying generic competition, pipeline failures and limited late-stage catalysts. The next five years are expected to reflect a significant imbalance... 

2Mar2011 | | 0 comments | Continued

(TIVO) TiVo Accused of Infringing Motorola Patents

TiVo Inc. (TIVO), a developer of advanced television services including digital video recorders (DVR), was accused of infringing DVR patents according to a latest suit filed by Motorola Mobility Holdings Inc. (MMI). Motorola indicated that it was seeking to protect its interests... 

2Mar2011 | | 0 comments | Continued

(JPM) JPMorgan Chase & Co. Rating Upgraded by S&P

Last Friday, Standard & Poor’s (S&P) Ratings Services lifted its outlook on JPMorgan Chase & Co. (JPM) to ‘Stable’ from ‘Negative.’ The rating agency is impressed by JPMorgan’s improved credit quality and its capability to generate outstanding earnings... 

2Mar2011 | | 0 comments | Continued

(COP) ConocoPhillips Announces Long-Term China Petrochemical Corporation Deal

Global integrated oil giant ConocoPhillips (COP), along with Origin Energy Ltd. entered into a long-term deal with China Petrochemical Corporation (SNP), or Sinopec, for the sale of a 15% stake in an Australian gas project. The financial terms of the deal were not disclosed by... 

2Mar2011 | | 0 comments | Continued

(NTRS) Northern Trust Corporation Buys Bank of Ireland Securities Services

Last week, Northern Trust Corporation (NTRS) announced the acquisition of Bank of Ireland Securities Services (BOISS) for $82 million (€60 million). BOISS, the fund administration unit of Bank of Ireland (IRE), comprise the fund administration, investment operations outsourcing... 

2Mar2011 | | 0 comments | Continued

(PCE) U.S. January 2011 Personal Income Jumps on Tax Cut

In January, Personal Income rose 1.0%, well above the 0.4% rise in December, and a 0.3% increase in November. The increase was far above the 0.3% consensus expectation. However, most of the increase was due to the 2.0% cut in the employee side of the payroll tax. Payroll taxes,... 

2Mar2011 | | 0 comments | Continued

(WMT) U.S. Initial Claims for Unemployment Insurance Going the Right Way

Initial Claims for Unemployment Insurance dropped by 22,000 last week to 391,000 (last week was revised up by 3,000, so one could see it as a 19,000 decline). This was much better than the expected level of 410,000. The weekly numbers have been very erratic of late. This is a... 

2Mar2011 | | 0 comments | Continued

(HRB) H&R Block Provides 2011 Fiscal Third Quarter Outlook

H&R Block, Inc. (HRB) guided its fiscal third quarter 2011 revenue to $850 million. The tax preparer also expects to break even in the third quarter. The company has been reporting loss over the past two quarters. H&R Block expects approximately $20 million of revenue... 

2Mar2011 | | 0 comments | Continued

(AAPL) Apple vs. Google: The Fight for Digital Media Supremacy

by Tony D’Altorio, Investment U Research Thursday, February 24, 2011 As usual, Apple (Nasdaq: AAPL) is busy pushing the envelope. This time, it wants to change how internet commerce is conducted, by way of its iPhone and iPad devices. The company is dictating tougher terms,... 

2Mar2011 | | 0 comments | Continued

(EIA) U.S. Natural Gas Supplies Fall as Expected

The U.S. Energy Department’s weekly inventory release showed an in line drop in natural gas supplies, snapping a trend of above-consensus draws. This can be primarily attributable to relatively warm weather, which not only reduced heating consumption but also allowed production... 

1Mar2011 | | 0 comments | Continued

(HPQ) Hewlett-Packard Reports Encouraging Quarter

Hewlett-Packard Company (HPQ) reported first quarter 2011 earnings per share (EPS) of $1.36, exceeding the Zacks Consensus Estimate of $1.29. However, revenue of $32.3 billion fell slightly short of the Zacks Consensus Estimate of $32.9 billion. Revenues Revenues increased 4.0%... 

1Mar2011 | | 0 comments | Continued

(LBTYA) Liberty Global – Bear of the Day

We downgrade our recommendation for Liberty Global Inc. (LBTYA) to Underperform based on its current valuation, which has moved up by nearly 88% in the last year. The stock is currently trading at a significantly higher multiple with respect to several valuation metrics, compared... 

1Mar2011 | | 0 comments | Continued

(DECK) Deckers Outdoor – Bull of the Day

Deckers Outdoor Corp.’s (DECK) sustained focus on new product introductions and geographic expansion has helped achieved robust growth. The company delivered better-than-expected fourth-quarter 2010 results on the heels of strong demand for the product lines under the UGG... 

1Mar2011 | | 0 comments | Continued