Archive for June, 2011
(CPKI) California Pizza Kitchen Has A Dozen Restaurants in Mexico
California Pizza Kitchen Inc. (CPKI) recently opened its first restaurant in Metepec, Mexico in collaboration with Grupo Calpik, S.A.P.I. de C.V. This was the company’s twelfth opening in that country. The new restaurant is located in Galerias Metepec, the main shopping mall...
28Jun2011 | vitalstocks | 0 comments | Continued(EQR) U.S. Home Prices Mixed – Good News
In April, home prices were mixed. The Case-Schiller Composite 10 City index (C-10) rose an ever-so-slight 0.01% on a seasonally adjusted basis, and is down 3.04% from a year ago. The broader Composite 20 City index (which includes the cities in the C-10) fell by 0.09% on the...
28Jun2011 | vitalstocks | 0 comments | Continued(TOL) U.S. Housing: Past and Future
I recently came across this piece written by Larry Kudlow, the host of two shows on CNBC. It is from June 20, 2005: “Homebuilders led the stock parade this week with a fantastic 11 percent gain. This is a group that hedge funds and bubbleheads love to hate. All the bond bears...
28Jun2011 | vitalstocks | 0 comments | Continued(BA) Boeing 787 Testing Program in Homestretch
Aerospace giant The Boeing Co. (BA) began the Function & Reliability (F&R) testing and extended operations (ETOPS) on its much-awaited 787 Dreamliner before it receives necessary certification for delivery to its launch customer. These two tests will check the capability...
28Jun2011 | vitalstocks | 0 comments | Continued(MHS) Medco Health Solutions Aids Sanofi-Aventis Study
Medco Health Solutions (MHS) and its subsidiary United BioSource Corporation (UBC) have entered into a multi-year agreement with leading pharmaceutical company Sanofi-Aventis (SNY). Under the agreement, Medco would provide real-world evidence assessments during the product’s...
28Jun2011 | vitalstocks | 0 comments | Continued(SNH) Senior Housing Properties Trust Mulls Equity Offer
Senior Housing Properties Trust (SNH), a real estate investment trust (REIT) which primarily owns private pay senior living communities and medical office buildings across the U.S., has recently announced its decision to issue 6.5 million shares to repay its debt. The company...
28Jun2011 | vitalstocks | 0 comments | Continued(MWV) MeadWestvaco Builds New Boiler
MeadWestvaco Corporation (MWV) recently announced its plan to invest $285 million for building a new state-of-the-art biomass boiler and upgrading the power infrastructure associated with it at its Covington, Virginia, facility. This strategic investment not only improves the...
28Jun2011 | vitalstocks | 0 comments | Continued(BHI) U.S. Oil Drilling Rig Count Tops 1000
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). This can be primarily attributed to an increase in the tally of oil rigs. The Baker Hughes rig...
28Jun2011 | vitalstocks | 0 comments | Continued(EMC) Cyber Security – Top Priority in 2011
Cyber security has emerged as the most discussed topic in the technology market over the last few months. As corporations, government agencies, banks and video game companies have been plagued by cyber attacks, online security has become a major concern for all. However, the...
28Jun2011 | vitalstocks | 0 comments | Continued(CHMP) ViroPharma’s Epilepsy Drug Recommended
The European Medicines Agency’s (EMA) Committee for Medicinal Products for Human Use (CHMP) recently gave the go ahead to ViroPharma Inc.’s (VPHM) Buccolam (midazolam, oromucosal solution). The company is seeking approval for Buccolam to be used as a treatment for prolonged,...
28Jun2011 | vitalstocks | 0 comments | Continued(ERTS) Electronic Arts Latest Prey of Cyber Attack
The growing menace of cyber hacking has found its new victim in Electronic Arts Inc. (ERTS) this time, as the company’s website reported that hackers have stolen user information. The video game maker reported the breach in its BioWare division as “highly sophisticated and...
28Jun2011 | vitalstocks | 0 comments | Continued(ATVI) Activision Blizzard Entices Hunters
Activision Blizzard Inc.(ATVI) and Cabela, the world’s largest direct marketer of hunting, fishing, camping and related outdoor merchandise, joined forces for Big Game Hunter 2012, a modern and state-of-the-art hunting game. The game that claims to entice gamers with one...
28Jun2011 | vitalstocks | 0 comments | Continued(AAPL) Stock Market News for June 28, 2011 – Market News
On Monday, markets ended their three-day losing streak and were on course for a finish in the green, driven by financial and technology shares as well as optimism over the Greek austerity plan. Global banking regulators raised capital requirements for banks by a lesser than expected...
28Jun2011 | vitalstocks | 0 comments | Continued(AGNC) Company News for June 28, 2011 – Corporate Summary
• Shares of online company Amazon.com, Inc. (NASDAQ:AMZN) gained 4.52% after analysts at Morgan Stanley (NYSE:MS) opined that the company’s fourth quarter profits and margins will outperform the Street’s expectations • Share prices of Icagen, Inc....
28Jun2011 | vitalstocks | 0 comments | Continued(ATHN) AthenaHealth Buys Maine Facility
Medical billing and records software provider AthenaHealth Inc (ATHN) has wrapped up its purchase of a new property in Northport, Maine, for $7.7 million. The facility dubbed “Point Lookout” is situated near the Massachusetts-based company’s operations center in Belfast,...
28Jun2011 | vitalstocks | 0 comments | Continued(FCX) Anatomy of Naked Put Trades
Today I review two short or “naked” put trades I have talked about this month to show examples of how this option technique can be used successfully to either generate income or to buy your favorite names at a discount. On paper, one of the open trades is a winner, and one...
28Jun2011 | vitalstocks | 0 comments | Continued(C) Citigroup’s Hacked Customers Lose $2.7 Million
Around 3,400 customers of Citigroup Inc. (C) whose credit card information was hacked suffered $2.7 million in losses, according to a report in the Wall Street Journal. This latest information came to light when government officials were informed by Citi about the data leak. Earlier...
28Jun2011 | vitalstocks | 0 comments | Continued(NSANY) Nissan Motor Sees a Droopy Year
Nissan Motor Co. (NSANY) revealed that it expects a 15.4% fall in profit to ¥270 billion ($3.4 billion) due to the setback from the earthquake and tsunami in Japan on March 11 that broke down infrastructure and damaged many parts supplying companies’ plants causing disruptions...
28Jun2011 | vitalstocks | 0 comments | Continued(NCR) NCR Selected by Anheuser Busch
NCR Corporation (NCR), a leading technology and solutions provider for the retail and financial services industry, has recently won a contract from Anheuser-Busch InBev (BUD) Employees’ Credit Union (ABECU). The company has deployed NCR’s APTRA eMarketing cross-channel...
28Jun2011 | vitalstocks | 0 comments | Continued(AAPL) Apple Sues Samsung in South Korea
Apple Inc. (AAPL) recently filed a lawsuit in South Korea against Samsung Electronics Co. Ltd., alleging infringement of several patents, as reported by news agencies Reuters and Bloomberg. The latest lawsuit counters Samsung’s patent infringement claims against Apple. Samsung...
28Jun2011 | vitalstocks | 0 comments | Continued(CMS) CMS Energy Goes Green in Michigan
Consumers Energy, the major subsidiary of CMS Energy (CMS) has got into an agreement to purchase the total renewable energy output produced by the Fremont Community Digester (“FCD”). The contract is in line with the utility’s commitment to increase spending in Michigan...
28Jun2011 | vitalstocks | 0 comments | Continued(PM) Philip Morris International Fights Aussie Crackdown
Tobacco giant Philip Morris International Inc. (PM) has threatened the Australian government for the proposed ban on cigarette-packaging advertisements and expects to seek billions of Australian dollars in financial compensation. Under the proposed laws of Australia, Canberra...
28Jun2011 | vitalstocks | 0 comments | Continued(BPO) Brookfield Office Properties Sells Assets
Brookfield Office Properties Inc. (BPO) recently sold an office tower at 1400 Smith Street in Houston for approximately $340.0 million to Chevron Corp ( CVX ) . Additionally, Brookfield also renewed a seven-year lease for a 311,000 square feet property at the Continental Center...
28Jun2011 | vitalstocks | 0 comments | Continued(CBB) Cincinnati Bell to Offer Energy Services
Telecom services provider Cincinnati Bell Inc. (CBB) is entering into a new business arena that allows it to offer energy services to its residential customers through its new subsidiary Cincinnati Bell Energy. Cincinnati Bell inked a partnership deal with Connecticut-based renewable...
28Jun2011 | vitalstocks | 0 comments | Continued(F) Ford Motor Company Breaking Ground in China on Engine Plant
Ford Motor Co. (F) broke ground on a $500 million engine plant in the southwestern city of China, Chongqing. The plant, once in full swing in 2013, will double the production capacity of its joint venture (JV), Changan Ford Mazda Automobile Co., to 750,000 units per year....
28Jun2011 | vitalstocks | 0 comments | Continued(CPHD) Cepheid Targets Infectious Diseases
Cepheid (CPHD) announced the appointment of Robert Kwiatkowski as the Vice President of Infectious Disease Research and Development. He would be reporting to David Persing, the company’s Chief Medical and Technology Officer. Dr. Kwiatkowski walks into Cepheid with extensive...
28Jun2011 | vitalstocks | 0 comments | Continued(RBS) Royal Bank of Scotland Group Boosts Chinese Investment
Royal Bank of Scotland Group Plc. (RBS) has boosted its investment banking business in China by appointing two senior investment bankers to its team. RBS appointed Wei Wang as head of China financial institutions group and Qing Zhu as head of China energy and resources. Wang...
28Jun2011 | vitalstocks | 0 comments | Continued(T) AT&T to Roll Out Content Delivery Network Services
AT&T (T) has recently introduced its new cloud-based Content Delivery Network (CDN) platform. The launch comes close on the heels of Sprint Nextel’s (S) decision to offer Managed Telepresence Services to attract corporate customers. It is also indicative of AT&T foray...
28Jun2011 | vitalstocks | 0 comments | Continued(MCK) McKesson Corporation – Bull of the Day
McKesson Corp.’s (MCK) fourth quarter fiscal 2011 earnings of $1.66 per share outpaced the Zacks Consensus Estimate and the year-ago earnings. Revenues climbed 8% to $28.9 billion. McKesson’s fiscal 2012 guidance was also above expectations. The company expects fiscal...
28Jun2011 | vitalstocks | 0 comments | Continued(SUN) Sunoco Incorporated – Bear of the Day
We are maintaining our Underperform recommendation on Sunoco Inc. (SUN), based on a number of issues that have stalled the company’s stock price. Sunoco’s operational reliability issues and increased unscheduled downtime have overshadowed its strong quarterly results...
28Jun2011 | vitalstocks | 0 comments | Continued