Archive for September, 2011
(BWA) BorgWarner Incorporated – Bull of the Day
BorgWarner, Inc. (BWA) continues to focus on new product launches supported by new business opportunities and acquisitions. Demand for its fuel-efficient engines and transmissions have grown stronger due to more stringent government regulations. As a result, the company’s...
14Sep2011 | vitalstocks | 0 comments | Continued(EIA) U.S. Energy Department’s Inventory Release Showed 64 Bcf Added to Natural Gas Stocks
The U.S. Energy Department’s weekly inventory release showed a larger-than-expected build-up in natural gas supplies. Cooler temperatures throughout the country and continued power outages following Hurricane Irene tempered natural gas demand for power burn. This was somewhat...
14Sep2011 | vitalstocks | 0 comments | Continued(BBY) Company News for September 14, 2011 – Corporate Summary
• Best Buy Co., Inc. (NYSE:BBY) posted Q2 EPS of $0.47, lower than the Zacks Consensus Estimate of $0.53 per share. Revenues for the quarter were flat year-over-year at $11.35 billion, missing the Zacks Consensus Estimate of $11.442 billion • Share prices of airline...
14Sep2011 | vitalstocks | 0 comments | Continued(WAG) Walgreen Joins U.S. Cardiac Program
Walgreen (WAG), the US Department of Health and Human Services (HHS), the Centers for Disease Control and Prevention (CDC) and the Centers for Medicare and Medicaid Services (CMS) have teamed up in a campaign called Million Hearts Initiative in order to prevent 1 million heart...
14Sep2011 | vitalstocks | 0 comments | Continued(XLI) Stock Market News for September 14, 2011 – Market News
Markets registered their first back-to-back gains this month, as industrial and material stocks helped push the benchmarks higher. The trading session was significantly calm compared to the high levels of volatility that the markets endured since early last month. For the first...
14Sep2011 | vitalstocks | 0 comments | Continued(MSFT) Semiconductor Stock Outlook – September 2011 – Industry Outlook
The Semiconductor Industry serves as a driver, enabler and indicator of technological progress. Developments in the industry determine the way we work, transport ourselves, communicate, entertain ourselves and respond to our environment. The PCs we work on, the cars we drive,...
13Sep2011 | vitalstocks | 0 comments | Continued(BRC) Company News for September 13, 2011 – Corporate Summary
• Share prices of semiconductor company NetLogic Microsystems (NASDAQ:NETL) spiked up 50.80% to close at $48.12 after Broadcom Corp. (NASDAQ:BRCM) announced its decision to buy the company for about $3.7 billion • Board of directors of McGraw-Hill Companies (NYSE:MHP)...
13Sep2011 | vitalstocks | 0 comments | Continued(BBY) Stock Market News for September 13, 2011 – Market News
A late rally saw markets recoup the day’s losses to finally finish in the green on Monday, after news of China stepping in to buy Italian bonds helped soothe the nerves of jittery investors. Initially, markets had been trading in the negative zone as investors were bogged down...
13Sep2011 | vitalstocks | 0 comments | Continued(BHI) U.S. Drilling Rig Count Up by 1 Unit
In its weekly release, Houston-based oilfield services company Baker Hughes Inc. (BHI) reported a marginal 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 land rigs searching...
12Sep2011 | vitalstocks | 0 comments | Continued(FTC) Medco Health Solutions and Express Script Asked for More Information from Federal Trade Commission
Recently, Federal Trade Commission (FTC) requested both Medco Health Solutions (MHS) and Express Script (ESRX) to submit additional information regarding the pending acquisition deal. Under the current circumstances, the completion of the proposed acquisition can get postponed...
12Sep2011 | vitalstocks | 0 comments | Continued(AMZN) Amazon.com Playing the “Jobs” Card
One of the largest online retailers, Amazon.com Inc (AMZN), continues to oppose sales tax collection by offering to create jobs instead. Thanks to the weak jobs scenario and consistently depressing jobs reports, regulators that had once been hungry to narrow deficits are now...
12Sep2011 | vitalstocks | 0 comments | Continued(JPM) U.S. Bank Failures Reach 70 So Far in 2011
After a week’s pause, U.S. regulators were back in action, shuttering two more banks in Georgia. This brings the total number of U.S. bank failures to 70 so far in 2011, following 157 in 2010, 140 in 2009 and 25 in 2008. While the financials of bigger banks have been stabilizing...
12Sep2011 | vitalstocks | 0 comments | Continued(BA) Boeing Announces 747-8 Set for First Delivery
The Boeing Company (BA) announced that it will deliver its first 747-8 Freighter to Cargolux Airlines International S.A. on September 19, 2011 at Paine Field in Everett, Washington. Cargolux will also take delivery of the second 747-8 Freighter on September 21, 2011. The carrier...
12Sep2011 | vitalstocks | 0 comments | Continued(RCI) Rogers Communications Announces Diversification
Rogers Communications Inc. (RCI), a leading cable MSO and wireless operator in Canada, has decided to diversify vertically. Management plans to apply to government for introducing a bank under the Canadian Bank Act. However, the company announced that if granted permission, Rogers...
12Sep2011 | vitalstocks | 0 comments | Continued(UBS) VIX Instruments: Why Investing in Volatility is Volatile
by Justin Dove, Investment U Research Wednesday, September 7, 2011 The VIX Index is all over the place in financial media these days. As most investors gather, the VIX is a volatility measure that looks to quantify fear in the markets. Many media outlets report from time to time...
12Sep2011 | InvestmentU | 0 comments | Continued(DOV) Dover Sells a Pair of Companies
Dover Corporation (DOV) stated it has entered into an agreement to sell a couple of its operating companies belonging to the Industrial Products segment to International Equipment Solutions, LLC, an affiliate of KPS Capital Partners, LP. The operating companies which are earmarked...
12Sep2011 | vitalstocks | 0 comments | Continued(MDR) McDermott International – Bear of the Day
Following a second quarter earnings miss, we are downgrading McDermott International (MDR) shares to Underperform from Neutral. The company recently reported lower-than-expected EPS for the June quarter, adversely affected by a less favorable geographic mix and weak margins in...
12Sep2011 | vitalstocks | 0 comments | Continued(VLO) Valero Energy – Bull of the Day
Valero Energy’s (VLO) second quarter earnings climbed more than 39% year over year. The growth was backed by the overall improvement in the refining environment and higher feedstock discounts. Valero Energy remains enthusiastic about the third quarter and is consistently...
12Sep2011 | vitalstocks | 0 comments | Continued(VRTX) Vertex Pharmaceuticals Reports Positive Data
Vertex Pharmaceuticals Inc. (VRTX) reported positive data from a mid-stage trial on VX-509, which is being studied for the treatment of moderate to severe rheumatoid arthritis (RA). The 12-week study, which evaluated four doses of the candidate, met both the primary endpoints. Data...
12Sep2011 | vitalstocks | 0 comments | Continued(ORCL) Oracle and Google Set to Settle Claims
According to a recent report from news agency Bloomberg, Oracle Corp. (ORCL) and Google Inc. (GOOG) have agreed to attend a settlement discussion over the copyright- and patent-infringement lawsuit filed by Oracle last year. As per the order of the U.S magistrate, both the companies...
12Sep2011 | vitalstocks | 0 comments | Continued(DVR) TiVo Launches New DVR
A developer of advanced television services and digital video recorders (DVR) TiVo Inc. (TIVO), recently launched its new TiVo Premiere Elite set-top box. The set-top box is expected to be available by the end of 2011. The latest set-top box offers four digital tuners and has...
12Sep2011 | vitalstocks | 0 comments | Continued(TGT) Chase Track Records If You Want to Profit
by Marc Lichtenfeld, Investment U Senior Analyst Wednesday, August 31, 2011: Issue #1590 Perhaps because I have time on my side, I get excited when the market sells off like it did a few weeks ago. I know that I’ll be able to buy quality stocks at a lower price. That’s especially...
12Sep2011 | InvestmentU | 0 comments | Continued(BAC) Company News for September 12, 2011 – Corporate Summary
• Ulta Salon, Cosmetics & Fragrance, Inc. (NASDAQ:ULTA) posted second quarter 2011 earnings of $0.38 per share, which surpassed the Zacks Consensus Estimate of $0.32 • VeriSign Inc. (NASDAQ:VRSN) announced the resignation of its Chief Financial Officer Brian...
12Sep2011 | vitalstocks | 0 comments | Continued(AA) Stock Market News for September 12, 2011 – Market News
On Friday fears of Greece defaulting on its debt and a top German official’s resignation from the European Central Bank heightened concerns about the economic situation, which subsequently rattled the US markets. Concerns from Europe overshadowed President Barack Obama’s...
12Sep2011 | vitalstocks | 0 comments | Continued(NVS) Novartis Neuroendocrine Tumors Drug Cleared in European Union
Novartis’(NVS) drug Afinitor was recently approved in the European Union (EU) for the treatment of patients with advanced neuroendocrine tumors (NET) of pancreatic origin with progressive disease. The drug is already approved in the US for the indication. The approval was based...
11Sep2011 | vitalstocks | 0 comments | Continued(GS) The Goldman Sachs Group Ends Litton Sale
Last week, The Goldman Sachs Group Inc. (GS) completed the sale of Litton Loan Servicing to Ocwen Financial Corp. (OCN) for $264.0 million, after getting approval from federal and New York state regulators. Goldman has been ordered by the Fed to conduct an independent review...
11Sep2011 | vitalstocks | 0 comments | Continued(HUM) Humana Incorporated – Bull of the Day
Humana, Inc.’s (HUM) second-quarter earnings modestly beat the Zacks Consensus Estimate, owing to improved consolidated premiums and ASO fees that also drove the benefit ratio along with improvement in medical and specialty memberships. Humana benefits from the new rule...
11Sep2011 | vitalstocks | 0 comments | Continued(VZ) U.S. Initial Jobless Claims Rise Again
Initial Claims for Unemployment Insurance rose by 22,000 last week to 414,000. This was worse than the expected level of 400,000. Last week’s numbers were revised upwards by 3,000, so one could see it as an increase of 5,000. Recently, initial jobless claims seemed stuck once...
11Sep2011 | vitalstocks | 0 comments | Continued(MA) MasterCard Analyst Keeps Shares at Neutral
We have reiterated our Neutral recommendation on MasterCard Inc. (MA) given the current sustainability factor. The company’s second-quarter operating earnings per share of $4.76 came in substantially ahead of the Zacks Consensus Estimate of $4.20 and $3.50 in the year-ago quarter....
11Sep2011 | vitalstocks | 0 comments | Continued(MCD) Ugly U.S. Jobs Report in Depth Part 2
This month’s employment report was just plain ugly. There were, on balance, NO new jobs created in August, according to the establishment survey. Also, the job creation totals for July were cut to 85,000 from 117,000, and for June to just 20,000 from last month’s estimate...
11Sep2011 | vitalstocks | 0 comments | Continued