Archive for August, 2011
(MON) Monsanto Announces Dividend Increase
Monsanto Company (MON) declared an increase in the quarterly dividend from 28 cents per share to 30 cents per share of its common shares. This is a part of the company’s continuing commitment to return value to shareholders and relate to the company’s fourth quarter...
4Aug2011 | vitalstocks | 0 comments | Continued(TTEK) Tetra Tech Excels in Thrd Quarter Earnings Report
Tetra Tech Inc. (TTEK) reported its third-quarter fiscal 2011 earnings per share of 38 cents, above the Zacks Consensus Estimate of 35 cents and the prior-year earnings of 33 cents. The company witnessed a strong demand for its water, mining, and energy services, which led to...
4Aug2011 | vitalstocks | 0 comments | Continued(GM) U.S. Jobless Claims
The economy remains in the spotlight as the news flow of the last few days has painted a less than flattering picture of the recovery. We now know that the manufacturing and service sectors lost ground as they entered the third quarter. We will have the full picture of the economy...
4Aug2011 | vitalstocks | 0 comments | ContinuedUCB Posts Improved Earnings Per Share
UCB (UCBJF) posted first-half fiscal 2011 adjusted earnings of $2.02 per share, reflecting an increase of 29.8% from the year-ago earnings. Higher revenues and increased gross profit helped boost earnings. Revenues Half-yearly revenues increased 7.7% to $2,355.3 million, driven...
4Aug2011 | vitalstocks | 0 comments | Continued(ATVI) Activision Blizzard Beats The Street – Raises Outlook
Activision Blizzard Inc.’s (ATVI) robust fiscal second quarter 2011 results surpassed the Zacks Consensus Estimate on both the top and bottom lines. Activision earned 9 cents per share (including stock based compensation but excluding one time items), well ahead of the Zacks...
4Aug2011 | vitalstocks | 0 comments | Continued(CENT) Central Garden & Pet Company Reports Weak Third Quarter
Central Garden & Pet Company (CENT) reported depressive third-quarter 2011 results driven by Incremental input costs, adverse weather conditions, altered product mix along with the company’s sustained investments in brand building and marketing. The company’s quarterly...
4Aug2011 | vitalstocks | 0 comments | Continued(ACOR) Acorda Therapeutics Gains – Earnings Miss Estimates
Acorda Therapeutics Inc. (ACOR) recorded adjusted earnings of 7 cents per share for the second quarter of fiscal 2011, compared with a loss of 18 cents in the year-ago period. The Zacks Consensus Earnings Estimate for the quarter was 12 cents per share. Higher revenues during...
4Aug2011 | vitalstocks | 0 comments | Continued(CTCH) Commtouch Software Mobile Phones Hold Promise
Ken Nagy, CFA For Commtouch Mobile Holds Promise On August 3, 2011, the cloud-based Internet security provider, Commtouch Software Ltd., (CTCH) reported financial results for its fiscal 2011 second quarter, ended June 30, 2011. A solid second quarter performance resulted in a...
4Aug2011 | vitalstocks | 0 comments | Continued(DPZ) Domino’s Pizza Beats The Street on Higher Sales
Domino’s Pizza Inc. (DPZ) reported second quarter 2011 earnings of 40 cents per share, which outpaced the Zacks Consensus Estimate by 4 cents and the year-ago quarter’s adjusted earnings by 7 cents. The upbeat result was attributable to higher international royalty...
4Aug2011 | vitalstocks | 0 comments | Continued(HSIC) Henry Schein’s Earnings Report in Line – Revenues Up
Henry Schein (HSIC) reported EPS of $1.01 in the second quarter of fiscal 2011, in line with the Zacks Consensus Estimate and 12.2% higher than the year-ago period. Net sales reported a 15.2% rise to $2.1 billion, including a 10.1% increase in local currency and foreign currency...
4Aug2011 | vitalstocks | 0 comments | Continued(TRW) TRW Automotive Holdings Beats on Higher Sales
TRW Automotive Holdings Corp. (TRW) reported net earnings of $293 million or $2.21 per share in the second quarter of 2011 compared with $227 million or $1.78 per share in the year-ago quarter. The reported quarter included a gain of $19 million associated with the resolution...
4Aug2011 | vitalstocks | 0 comments | Continued(BRE) BRE Properties Beats Estimates
BRE Properties Inc (BRE) reported second quarter 2011 funds from operations (FFO) of $34.9 million or 49 cents per share versus $28.9 million or 46 cents per share in the year-earlier quarter. Funds from operations, a widely used metric to gauge the performance of REITs, is obtained...
4Aug2011 | vitalstocks | 0 comments | Continued(AGU) Agrium Reports Record Second Quarter Earnings
Agrium Inc. (AGU) reported record net earnings of $718 million or $4.54 per share in the second quarter of 2011, surpassing the Zacks Consensus Estimates of $4.21 per share. It also exceeded the prior-year net earnings of $518.0 million or $3.28 per share. Excluding one-time...
4Aug2011 | vitalstocks | 0 comments | Continued(CSCO) Stock Market News for August 4, 2011 – Market News
The volatile run of the markets ended with modest gains, which was also marked one of the busiest days of trading since mid-March. Uncertainty over economic growth kept investors jittery, though the benchmarks escaped recording their longest losing streak since Jimmy Carter’s...
4Aug2011 | vitalstocks | 0 comments | Continued(CMCSA) Company News for August 4, 2011 – Corporate Summary
• Spectra Energy (NYSE:SE) posted Q2 EPS of $0.42, above the Zacks Consensus Estimate of $0.40 per share. Revenues for the quarter rose 11.8% year-over-year to $1.19 billion, lower than the Zacks Consensus Estimate of $1.204 billion • Comcast (NASDAQ:CMCSA) reported...
4Aug2011 | vitalstocks | 0 comments | Continued(AAPL) Is Amazon’s New Tablet the iPad’s First True Challenge?
by Justin Dove, Investment U Research Wednesday, August 3, 2011 While Apple (Nasdaq: AAPL) and Netflix (Nasdaq: NFLX) grab most of the headlines these days, Amazon (Nasdaq: AMZN) lingers like a sleeping giant. But not for long. What Amazon has planned could challenge both tech...
4Aug2011 | InvestmentU | 0 comments | Continued(AGN) Allergan Beats – Revisits Guidance
Allergan, Inc.’s (AGN) second quarter 2011 earnings of 96 cents per share inched ahead of the Zacks Consensus Estimate by a penny and surpassed the company’s guidance range of 93 – 95 cents. Earnings increased 12.9% from the year-ago quarter. Revenues Revenues increased...
3Aug2011 | vitalstocks | 0 comments | Continued(GS) The Goldman Sachs Group Lags Estimates
The Goldman Sachs Group Inc.’s (GS) second-quarter 2011 earnings per share of $1.85 were significantly below the Zacks Consensus Estimate of $2.29 per share. Coupled with global macro-economic concerns, the results deteriorated driven by a decrease in revenue and poor performance...
3Aug2011 | vitalstocks | 0 comments | Continued(SXL) Sunoco Logistics Partners’ Profits Surge
Crude oil pipelines and terminals operator Sunoco Logistics Partners L.P. (SXL) announced a jump in its second-quarter 2011 profits, driven by strong contributions from the crude pipeline system and terminals facilities. The partnership’s diluted earnings per unit (“EPU”)...
3Aug2011 | vitalstocks | 0 comments | Continued(EXC) Exelon Beats Quarterly Earnings Expectations
Exelon Corporation (EXC) announced second-quarter 2011 operating earnings of $1.05 per share, up from 99 cents per share in the year-ago quarter and ahead of the Zacks Consensus Estimate of 97 cents. The year-over-year growth in earnings was attributable to new electric and gas...
3Aug2011 | vitalstocks | 0 comments | Continued(IBM) What We Can Learn From IBM and Nestle
by Carl Delfeld, Investment U Senior Analyst Thursday, July 28, 2011 IBM (NYSE: IBM) has long been respected as one of America’s highest-quality businesses representing all the best this country has to offer. It’s also successfully navigated from being a technology hardware...
3Aug2011 | InvestmentU | 0 comments | Continued(DAL) Delta Air Lines Misses – Stock at All-Time Low
Delta Air Lines (DAL), the second largest U.S. airline, has reported second quarter adjusted earnings per share of 43 cents, falling a penny short of the Zacks Consensus Estimate. Including special items, earnings per share plunged 58.2% to 23 cents from 55 cents in the year-ago...
3Aug2011 | vitalstocks | 0 comments | Continued(BMY) Bristol-Myers Squibb Company Reports Solid Quarter
Bristol-Myers Squibb Company’s (BMY) second quarter 2011 earnings (excluding special items) of $0.56 per share surpassed the Zacks Consensus Estimate by $0.01and the year-ago earnings by $0.02. Higher revenues boosted earnings in the reported quarter. On a reported basis (including...
3Aug2011 | vitalstocks | 0 comments | Continued(AIZ) Assurant Suffers High Catastrophe Loss – Hurts Second Quarter Earnings
Assurant Inc. (AIZ) has reported second quarter 2011 operating earnings of 76 cents per share, missing the Zacks Consensus Estimate by 8 cents and significantly lagging the prior-year quarter’s earnings of $1.35 per share. The quarter’s results were hit by high catastrophe...
3Aug2011 | vitalstocks | 0 comments | Continued(CAM) Cameron International Beats The Street – Profit and Backlog Up
Oil drilling equipment maker Cameron International Corp. (CAM) reported strong second quarter 2011 results, driven by robust performance from its ‘Drilling & Production Systems’ and ‘Valves & Measurement’ segments. The company’s earnings per share (excluding...
3Aug2011 | vitalstocks | 0 comments | Continued(MS) Morgan Stanley Analyst Downgrades Shares
We are downgrading our recommendation on Morgan Stanley (MS) to Underperform based on its weak second quarter results, lesser possibility of capital deployment and the expected adverse impact of regulatory restrictions. The MUFG preferred stock conversion resulted in 38 cents...
3Aug2011 | vitalstocks | 0 comments | Continued(ENS) Recent Heatwaves Prove Energy Grid Storage Matters
by David Fessler, Investment U Senior Analyst Friday, July 29, 2011 Home Depot and Lowe’s sold out of room air conditioners this past week. So did Walmart, Sears and just about every other store that carried them. The heat wave that fried folks living in over 30 states sent...
3Aug2011 | InvestmentU | 0 comments | Continued(NOK) Nokia-Seimens Gets Hit With Loss of LightSquared Deal
Nokia Siemens Networks (NSN), a 50-50 joint venture between Nokia Corp. (NOK) and Siemens AG (SI), recently suffered a massive blow. On July 29, the upcoming wholesale 4G LTE (Long Term Evolution) wireless network operator LightSquared announced that it has decided to outsource...
3Aug2011 | vitalstocks | 0 comments | Continued(GILD) Gilead Sciences Earnings Grow With HIV Franchise
Gilead Sciences Inc.’s (GILD) adjusted earnings per share of 95 cents for the second quarter of 2011 were 14 cents above the year-earlier earnings of 81 cents. The earnings growth was driven by a solid top-line performance in the reported quarter. Earnings were however a penny...
3Aug2011 | vitalstocks | 0 comments | Continued(FIS) Fidelity National Information Services Edges Out Estimates
Fidelity National Information Services Inc. (FIS) reported second quarter 2011 earnings of 55 cents, beating the Zacks Consensus Estimate by a penny. The better-than-expected result was driven by strong top-line growth in the quarter. Operating Performance Non-GAAP earnings per...
3Aug2011 | vitalstocks | 0 comments | Continued