Archive for June, 2011
(WPO) Kaplan Division Teams with TTS
Kaplan Learning Technologies, a business division of Kaplan, recently announced that it has entered into a partnership with TrainingToolSite.com (TTS). Kaplan is a pioneer in education services and a part of The Washington Post Company (WPO). TrainingToolSite.com, brain child...
19Jun2011 | vitalstocks | 0 comments | Continued(RIMM) Research In Motion Misses Revenues – Guides Way Down
The continuing difficulties for Research In Motion (RIMM) continued after the bell Thursday, when the BlackBerry smartphone maker reported earnings for its fiscal 1st quarter of 2012. While the company met the Zacks consensus EPS estimate of $1.32 per share, it missed revenue...
19Jun2011 | vitalstocks | 0 comments | Continued(ETFC) E*TRADE Financial’s May DARTs Decline
Online broker E*TRADE Financial Corporation (ETFC) released its Monthly Activity Report for May 2011 on Wednesday, recording a sequential as well as year-over-year decline in average U.S. trades. For the reported month, Daily Average Revenue Trades (DARTs) were 153,943, down...
19Jun2011 | vitalstocks | 0 comments | Continued(FSLR) Solar Power Industry Outlook
by Tony D’Altorio, Investment U Research Friday, June 17, 2011 GTM Research forecasts that global solar installations will rise from about 17,400 megawatts in 2010 to 20,900 megawatts this year. And for 2015, GTM predicts that solar installations will increase to 35,500 megawatts. Most...
19Jun2011 | InvestmentU | 0 comments | Continued(CENT) Central Garden & Pet Company Ups Value
Central Garden & Pet Company (CENT), the leading producer of garden and pet supplies products in the U.S., recently announced a new $100.0 million share buyback program. Share buybacks reflects the company’s sound financial position and well-defined future prospects. The...
19Jun2011 | vitalstocks | 0 comments | Continued(OMC) Omnicom Group Expands into Greater China
Omnicom Group Inc.(OMC) has formed a new business unit, named Omnicom Greater China, which focuses on enhancing the Chinese as well as multinational client base, thereby maximizing the group’s global marketing and brand-building opportunities. The executive headquarters...
19Jun2011 | vitalstocks | 0 comments | Continued(QGEN) Qiagen Hopeful of Ipsogen Takeover
Recently, Qiagen (QGEN) entered into an agreement to acquire 47% stake in France based Ipsogen at €12.90 per share. Thereafter, Qiagen wishes to make a public offer to fully acquire the company. With Ipsogen, Qiagen would have access to a wide portfolio of biomarkers targeted...
19Jun2011 | vitalstocks | 0 comments | Continued(MCO) Moody’s Unveils New Mobile Website Version
Credit rating and research provider, Moody’s Corp. (MCO) recently launched a mobile version of Moodys.com, which can be accessed from any smartphone browser. The mobile version will allow users to access Moody’s credit ratings and research specially formatted for smartphones...
19Jun2011 | vitalstocks | 0 comments | ContinuedStocks to Remain Tentative$$
The favorable labor market and housing reports on Thursday notwithstanding, it is becoming clear that we will have to wait at least a few more weeks before expecting a trend shift in the nation’s economic fortunes. Add to this questions about China’s growth outlook,...
19Jun2011 | vitalstocks | 0 comments | Continued(EU) UCB Reports Data on Neupro
UCB (UCBJF) recently reported results from post hoc analyses of its restless legs syndrome (RLS) treatment Neupro (rotigotine). The data were presented at the International Congress of Parkinson’s disease and Movement disorders. RLS is a neurological disorder that causes an...
19Jun2011 | vitalstocks | 0 comments | Continued(ALGN) Align Analyst Reaffirms Shares at Neutral
Recently, we reiterated our ‘Neutral’ recommendation on Align Technology (ALGN) with a target price of $24.00. Align reported first quarter adjusted EPS of 21 cents, which missed both the Zacks Consensus Estimate of 17 cents and the year-ago quarter’s 20 cents. Sequentially,...
19Jun2011 | vitalstocks | 0 comments | Continued(OMCL) Omnicell Earns Second Consecutive Best in Klas Award
Omnicell (OMCL), recently announced that it has received recognition for its OmniRx automated dispensing system from leading research firm, KLAS for the second consecutive year. Along with the 2011 “Best in KLAS” award for Automated Medication Dispensing Units for...
19Jun2011 | vitalstocks | 0 comments | Continued(LPS) Lender Processing Services Trims Outlook
Jacksonville, Florida-based Lender Processing Services Inc (LPS) reduced its second quarter 2011 adjusted earnings outlook to 54 cents to 56 cents from 79 cents to 82 cents due to a further drop in default volume and origination activity, particularly for refinancing. Additionally,...
19Jun2011 | vitalstocks | 0 comments | Continued(VMC) Vulcan Materials Completes Bond Issuance
Vulcan Materials Company (VMC) recently announced the completion of its $1.1 billion bond issuance, which has received orders worth $3.2 billion. The company reported that the bond issuance was undertaken to reduce its debt that is due over the next several years. Vulcan Materials...
19Jun2011 | vitalstocks | 0 comments | Continued(COP) ConocoPhillips to Enter Bangladesh
ConocoPhillips (COP) inked a production sharing contract (PSC) with the Bangladesh government and state-run Petrobangla to explore hydrocarbon in the virtually untapped deep waters of the Bay of Bengal. The company did not disclose any financial details of the agreement. The...
19Jun2011 | vitalstocks | 0 comments | Continued(LUK) Leucadia National CorporationSells Off Fortescue Shares
Leucadia National Corporation (LUK) recently sold 92.4 million of common shares of Fortescue Metals Group Ltd. for approximately $609.2 million. The transaction resulted in a net securities gain of $527.4 million, to be recorded during the second quarter of 2011. Fortescue is...
19Jun2011 | vitalstocks | 0 comments | Continued(SU) Forget OPEC – Invest in America’s Top Oil Supplier$$
by David Fessler, Senior Analyst, Investment U Friday, June 17, 2011: Issue #1357 Ask 10 people the name of America’s top oil supplier. Chances are half of them will get the answer wrong. A surprising number still believe our top source of foreign oil is Saudi Arabia. They’re...
19Jun2011 | InvestmentU | 0 comments | Continued(GOOG) Facebook Drives More IPO Drama
by Justin Dove, Investment U Research Friday, June 17, 2011 It’s no secret that Facebook is the most anticipated IPO since Google (NYSE: GOOG) went public in 2004. CNBC’s Kate Kelly heightened that anticipation with her article on Monday. Kelly claimed that Facebook was likely...
19Jun2011 | InvestmentU | 0 comments | Continued(PKX) POSCO Analyst Maintains Neutral Rating on Shares
We currently maintained our Neutral recommendation on South Korean steelmaker POSCO (PKX). POSCO is the world’s third largest steelmaker on the basis of output. The company primarily manufactures steel for the shipping and construction industries and operates through its two...
19Jun2011 | vitalstocks | 0 comments | Continued(VLO) Valero Energy’s Refinery to Run at Full Steam
Valero Energy Corp’s (VLO) Port Arthur, Texas refinery, which has refining throughput capacity of 287,000 barrels per day (bpd), will be running at full steam from this weekend. Activity at the refinery had slowed since June 6 when the plant’s coking unit was badly damaged...
19Jun2011 | vitalstocks | 0 comments | Continued(MTL) Mechel OAO Halts Mine Operations
Russian mining company, Mechel OAO (MTL) temporarily halted operations at its Sibirginskaya mine due to high gas levels in a mined-out area. Mining works at the site were halted and all miners returned to the surface. Luckily, no carbon monoxide was detected in the long wall...
19Jun2011 | vitalstocks | 0 comments | Continued(PFG) Principal Financial Group Analyst Maintains Neutral on Shares
Principal Financial Group Inc. (PFG) continues to post solid growth in assets under management. Also, the company continues to effectively deploy $700 million of capital. Moreover, Principal Financial scores strongly with the credit rating agency. However, volatility in the...
19Jun2011 | vitalstocks | 0 comments | Continued(TWC) Time Warner Partners with Motorola Mobility
Time Warner Cable Inc. (TWC) is partnering with Motorola Mobility, Inc. (MMI) to offer high-quality video delivery services to its subscribers by creating a video gateway platform. Motorola’s DCX3600M Video Gateway service offers such premium services by converting the...
19Jun2011 | vitalstocks | 0 comments | Continued(LULU) Lululemon Athletica First Quarter 2011 Earnings Scorecard
Recently, specialty retailer Lululemon Athletica Inc. (LULU) announced its financial results for the first-quarter 2011. Street analysts had nearly a week to ponder on the news. In the paragraphs that follow, we cover the recent earnings announcement, subsequent analysts’ estimate...
19Jun2011 | vitalstocks | 1 comment | Continued(SRE) Sempra Energy Gets Nod for Wind Project
Sempra Generation, a subsidiary of Sempra Energy (SRE), received approval from The Hawaii Public Utilities Commission for a 20-year contract to supply 21 megawatts (MW) of wind power from its Auwahi Wind project to the Maui Electric Company. The project is currently undergoing...
19Jun2011 | vitalstocks | 0 comments | Continued(COF) Capital One Acquires ING Direct USA
Capital One Financial Corp.(COF) announced an agreement to acquire ING Direct USA, the online banking unit of Amsterdam-based ING Groep NV (ING), in a stock-cum-cash transaction valued at $9.0 billion. The deal would catapult the company to fifth position from the present eighth,...
19Jun2011 | vitalstocks | 0 comments | Continued(CNI) Canadian National Railway Company to Sell Assets
Canadian National Railway Company (CNI) will sell assets of its indirect subsidiary IC RailMarine Terminal Company to Raven Energy, LLC, which is affiliated to Foresight Energy, LCC, a leading private company engaged in coal mining and a division of Cline Group. Total proceeds...
19Jun2011 | vitalstocks | 0 comments | Continued(VZ) Verizon and U.S. Cellular to Swap Spectrum
The largest U.S. mobile service provider, Verizon Communications (VZ) is seeking approval from the Federal Communications Commission for the planned spectrum swap with U.S. Cellular (USM). Verizon remains the leading provider of wireless voice and data communication services...
19Jun2011 | vitalstocks | 0 comments | Continued(RTN) Raytheon Wins $51.6 Million Navy Contract
Raytheon Company (RTN) received a contract worth $51.6 million to give logistics support for the communication terminals of the U.S. Navy’s Extremely High Frequency Satellite Program (‘NESP’). Raytheon’s unit, Raytheon Technical Services Company, which specializes...
19Jun2011 | vitalstocks | 0 comments | Continued(SUG) Southern Union to Unite with Energy Transfer Equity
Southern Union Company (SUG) has entered into a definite agreement with Energy Transfer Equity, L.P. (ETE) under which the latter has agreed to buy Southern Union for $7.9 billion, including $3.7 billion of existing debt. Per the agreement terms, stockholders of Southern Union...
19Jun2011 | vitalstocks | 0 comments | Continued