Archive for May, 2011
(LEI) Stock Market News for May 20, 2011 – Market News
A host of worrying economic reports failed to pull down the markets as LinkedIn made its debut on the Street and doubled its share price. Markets were also led modestly higher as initial claims declined and retailers posted better-than-expected quarter results. The Dow Jones...
20May2011 | vitalstocks | 0 comments | Continued(SHLD) U.S. Weekly Jobless Claims Fall
Weekly Jobless Claims dropped a bigger than expected 29 thousand to 409 thousand last week, reversing the negative trend in this key series that appeared to be taking hold in recent weeks. The 4-week average, which smooths out the series’ inherent week-to-week volatility,...
19May2011 | vitalstocks | 0 comments | Continued(HON) America’s Most Abundant – But Virtually Unknown – Energy “Source”
by David Fessler, Investment U’s Energy and Infrastructure Expert Thursday, May 5, 2011: Issue #1506 When you think of abundant energy sources in the United States, what comes to mind? I’m sure you got the easy five: coal, natural gas, wind, solar and geothermal. Which...
19May2011 | InvestmentU | 0 comments | Continued(VMED) Virgin Media Incorporated – Bull of the Day
We upgrade our recommendation on Virgin Media Inc. (VMED) to Outperform. The company reported strong results for the first quarter of 2011. These solid results were primarily attributable to solid top-line growth, higher operating income, and customer’s preference toward...
19May2011 | vitalstocks | 0 comments | Continued(UTI) Universal Tech Institute – Bear of the Day
Universal Technical Institute’s (UTI) average enrollment of the educational institute rose 8.5% in the first quarter but dropped 690 basis points sequentially. Moreover, the rate of fall in the new enrollments accelerated to 13% during the quarter, following a decline of...
19May2011 | vitalstocks | 0 comments | Continued(ANF) Company News for May 19, 2011 – Corporate Summary
• Abercrombie & Fitch (NYSE:ANF) reported Q1 EPS of $0.27, surpassing the Zacks Consensus Estimate of $0.11 per share. Revenues for the quarter rose 22% year-over-year to $836.7 million, beating the Zacks Consensus Estimate of $783.0 million • Board of directors...
19May2011 | vitalstocks | 0 comments | Continued(AA) Stock Market News for May 19, 2011 – Market News
Markets benefited once again from commodities on Wednesday, as a rebound in that sector not only lifted the broader markets but dragged the indices out of the negative territory. Meanwhile, Fed minutes and a positive earnings report from bellwether Dell added to the cheer. The...
19May2011 | vitalstocks | 0 comments | Continued(TWGP) Tower Group Incorporated – Bear of the Day
Weaker investment yield continues to be a concern for Tower Group Inc. (TWGP). In response to this environment, management had implemented a strategy to purchase dividend paying common stocks during the fourth quarter to enhance investment income. The company is also evaluating...
18May2011 | vitalstocks | 0 comments | Continued(SLV) Silver’s Bubble and Volatility – AAII Investor Update
The recent plunge in silver prices provides lessons for all investors, regardless of whether you invest in commodities or not. As I started writing this on Thursday morning, iShares Silver Trust ETF (SLV) was down by 5.7%. Though significant by itself, the decline was just the...
18May2011 | Shawn | 0 comments | Continued(VLO) Oil & Gas Industry Outlook – May 2011 – Industry Outlook
OUTLOOK Crude Oil The improving economic scene –- both here in the U.S. as well as worldwide –- and the continued unrest in producing countries had been the main driver of the oil rally that saw the commodity zoom past the $110 per barrel level last month. However, apprehensions...
18May2011 | vitalstocks | 0 comments | Continued(BHI) U.S. Oilfield Drilling Activity Slips
In its weekly release, Houston-based oilfield services company Baker Hughes Inc. (BHI) reported a dip in the U.S. rig count (number of rigs searching for oil and gas in the country), primarily reflecting a decrease in the tally of land rigs. Interestingly, for the fourth week...
18May2011 | vitalstocks | 0 comments | Continued(EXM) Excel Maritime Carriers – Bear of the Day
We downgrade our recommendation on Excel Maritime (EXM) to Underperform backed by the gloomy near-term prospects of the drybulk shipping industry. This sector is facing serious challenges, where the spot vessel rates collapsed even below the rate during the recession. We believe...
18May2011 | vitalstocks | 0 comments | Continued(BEN) Franklin Resources Inc – Bull of the Day
Franklin Resources Inc.’s (BEN) second quarter 2011 earnings of $2.25 per share outpaced the Zacks Consensus Estimate of $2.00 per share. Results reflected robust growth in revenue and higher assets under management (AUM), partially offset by increased operating expenses....
18May2011 | vitalstocks | 0 comments | Continued(PLCM) Polycom Incorporated – Bull of the Day
Polycom Inc. (PLCM) declared record-high first-quarter 2011 financial results, surpassing the Zacks Consensus Estimates. Despite facing competitive pressure from Cisco, which acquired Tandberg TV, Polycom’s high-margin Network Infrastructure Systems businesses grew 25%...
18May2011 | vitalstocks | 0 comments | Continued(SLV) Great Options Strategies for Investing in Silver
by Marc Lichtenfeld, Senior Analyst, Investment U Wednesday, May 11, 2011: Issue #1510 Two weeks ago, with silver trading near $48, I told you that it was time to protect your silver profits. I didn’t recommend selling silver or abandoning it altogether. Instead, I suggested...
18May2011 | InvestmentU | 0 comments | Continued(PLCM) Polycom Analyst Upgrades Shares to Outperform
We upgrade our recommendation on Polycom Inc. (PLCM) to Outperform. The companydeclared record-high first-quarter 2011 financial results, surpassing the Zacks Consensus Estimates. Despite facing competitive pressure from Cisco, which acquired Tandberg TV, Polycom’s high-margin...
18May2011 | vitalstocks | 0 comments | Continued(SAP) SAP and Verizon Enter Joint Marketing Agreement
SAP America, Inc., a subsidiary of SAP AG (SAP) and Verizon (VZ) entered into an agreement to jointly market key components of Verizon’s Managed Mobility portfolio. This makes Verizon the first SAP partner to provide end-to-end enterprise cloud and mobility offerings. Organizations...
18May2011 | vitalstocks | 0 comments | Continued(INTC) Intel Makes 3D Chip Technology Breakthrough
by Tony D’Altorio, Investment U Research Thursday, May 12, 2011 Last week, Intel (Nasdaq: INTC) said it made the biggest breakthrough in microprocessor design in recent history. It called its new chip the most significant advance since the 1950?s silicon transistor. The...
18May2011 | InvestmentU | 0 comments | Continued(VRX) Valeant Pharmaceuticals Beats Earnings Estimates on Revenues
Valeant Pharmaceuticals International‘s (VRX) first quarter 2011 earnings of 49 cents per share (excluding special items but including stock-based compensation expense) missed the Zacks Consensus Estimate by 2 cents and the year-ago earnings by 10 cents per share. Revenues...
18May2011 | vitalstocks | 0 comments | Continued(ATI) Allegheny Technologies Acquires Ladish
Specialty metals productmaker, Allegheny Technologies Incorporated (ATI) completed the acquisition of Ladish Co. Inc. for cash and stock of approximately $883 million for expanding its offerings in the aerospace sector. As per the agreement, Ladish investors will receive $24...
18May2011 | vitalstocks | 0 comments | Continued(AMR) Company News for May 17, 2011 – Corporate Summary
• NYSE Euronext’s (NYSE:NYX) shares declined 12.6% after NASDAQ OMX Group (NASDAQ:NDAQ) and IntercontinentalExchange (NYSE:ICE) cancelled their bid to acquire NYSE’s parent organization • JPMorgan Chase & Co. (NYSE:JPM) upgraded AMR Corporation (NYSE:AMR)...
18May2011 | vitalstocks | 0 comments | Continued(AA) Stock Market News for May 18, 2011 – Market News
Lukewarm economic data discouraged investors as it showed further signs of economic weakness and coupled with the negative outlook from Hewlett-Packard Company, the markets continued its stay in the red. However, on the back of favorable corporate results, the indices showed...
18May2011 | vitalstocks | 0 comments | Continued(AIB) Company News for May 18, 2011 – Corporate Summary
• Dell Inc. (NASDAQ:DELL) reported Q1 EPS of $0.55, higher than the Zacks Consensus Estimate of $0.43 per share. Revenue for the quarter edged up 1% year-over-year to $15.02 billion, falling short of the Zacks Consensus Estimate of $15.457 billion • Share prices...
18May2011 | vitalstocks | 0 comments | Continued(AAPL) Stock Market News for May 17, 2011 – Market News
The tech-laden Nasdaq Composite Index suffered a heavy fall on Monday, amidst disappointing economic data that subsequently led the markets lower. While investors are apprehensive as the economic stimulus plan nears its end, weakness in economic data furthered fueled investor...
18May2011 | vitalstocks | 0 comments | Continued(AMR) Company News for May 17, 2011 – Corporate Summary
• NYSE Euronext’s (NYSE:NYX) shares declined 12.6% after NASDAQ OMX Group (NASDAQ:NDAQ) and IntercontinentalExchange (NYSE:ICE) cancelled their bid to acquire NYSE’s parent organization • JPMorgan Chase & Co. (NYSE:JPM) upgraded AMR Corporation (NYSE:AMR)...
17May2011 | vitalstocks | 0 comments | Continued(MAR) Marriott International Announces Boost to Shareholder Value
Bethesda, Maryland-based Marriott International, Inc (MAR) recently announced a hike in its quarterly dividend payout by 1.25 cents to 10 cents per share, reflecting an increase of 14% from the prior dividend. The increased dividend will be paid on June 24, 2011, to stockholders...
17May2011 | vitalstocks | 0 comments | Continued(AAPL) Stock Market News for May 17, 2011 – Market News
The tech-laden Nasdaq Composite Index suffered a heavy fall on Monday, amidst disappointing economic data that subsequently led the markets lower. While investors are apprehensive as the economic stimulus plan nears its end, weakness in economic data furthered fueled investor...
17May2011 | vitalstocks | 0 comments | Continued(AAPL) Stock Market News for May 16, 2011 – Market News
Concerns about the euro-zone debt crisis seeped into the US markets to take the benchmarks lower on Friday, as indices ignored positive domestic data. Financials suffered a heavy blow and the week, which saw highly volatile commodity trading, closed with indices in negative...
16May2011 | vitalstocks | 0 comments | Continued(A) Company News for May 16, 2011 – Corporate Summary
• Agilent Technologies’ (NYSE:A) Q2 EPS of $0.74, ex-items, topped the Zacks Consensus Estimates of $0.65 per share • Nvidia’s (NASDAQ:NVDA) Q1 EPS of $0.27 topped the Zacks Consensus Estimate of $0.19 per share • Alibaba Group restructured...
16May2011 | vitalstocks | 0 comments | Continued(AIG) AIG and U.S. Treasury Announce $300 Million Stock Offering
Yesterday, American International Group Inc. (AIG) and the US Treasury announced their decision to go ahead with the public offering of AIG’s common shares. While 100 million shares will be sold by AIG, 200 million will be sold by the Treasury. The total stock sale is estimated...
16May2011 | vitalstocks | 0 comments | Continued