Archive for October, 2011
(CL) Consumer Staples Stock Outlook – October 2011 – Industry Outlook
Stocks in the Consumer Staples sector performed their traditional defensive role as the broader equity markets came under pressure in response to concerns over Europe’s sovereign debt crisis and a weak U.S. economy. The fundamental explanation is that food, beverage, household...
17Oct2011 | vitalstocks | 0 comments | Continued(TER) Teradyne Incorporated – Bear of the Day
Teradyne, Inc. (TER) is a leading provider of automated test equipment. The company’s second quarter earnings beat the Zacks Consensus, although revenue growth was sluggish. Forward guidance indicates slack demand, particularly for back-end testing equipment. While there...
17Oct2011 | vitalstocks | 0 comments | Continued(IBKR) Interactive Brokers Group – Bull of the Day
We are upgrading our recommendation on Interactive Brokers Group (IBKR) to Outperform as its brokerage business continued to perform well and the company reinstated its quarterly dividend. Despite declining market volumes, Interactive Brokers’ Market Making segment is positioned...
17Oct2011 | vitalstocks | 0 comments | Continued(AAPL) Bulls Own Next Week Too 17-21 October
Investors and traders who doubted the move higher, and sold into a sleepy market ahead of resistance near S&P 1,220, are about to get a wake-up call next week. Mr. Market has pounded his hoofs long enough below the trading range highs and he’s ready to go higher. A...
17Oct2011 | vitalstocks | 0 comments | Continued(MON) Monsanto Company – Bull of the Day
We maintain our Outperform recommendation on Monsanto Company (MON) based on the optimism of the company’s continued product development through biotechnology and breeding research. Monsanto’s future contracts and hedging mechanism look encouraging toward ensuring...
17Oct2011 | vitalstocks | 0 comments | Continued(KIRK) Kirkland’s Incorporated – Bear of the Day
We have downgraded our recommendation on Kirkland’s, Inc. (KIRK) to Underperform from Neutral following the company’s second-quarter 2011 results, which posted a loss of $0.02 per share compared with earnings of $0.16 in the prior-year period. Kirkland’s also...
17Oct2011 | vitalstocks | 0 comments | Continued(CVX) Utica Shale Drilling Permits Skyrocket in September
by Justin Dove, Investment U Research Thursday, October 13, 2011 On Tuesday, the U.S. Energy Information Agency (EIA) released a report about the sharp increase in Ohio shale drilling permits. Steve McDonald recently wrote about the land value increases occurring in the region. As...
17Oct2011 | InvestmentU | 0 comments | Continued(AAPL) A Busy Week Ahead – Earnings Preview
Earnings Preview 10/14/11 While the earnings season kicked off this past week, only 38 firms reported. The game really gets under way next week, when we will get reports from 336 firms, including 99 members of the S&P 500. Thus, by the end of the week we will have a very...
17Oct2011 | vitalstocks | 0 comments | Continued(TER) Teradyne Incorporated – Bear of the Day
Teradyne, Inc. (TER) is a leading provider of automated test equipment. The company’s second quarter earnings beat the Zacks Consensus, although revenue growth was sluggish. Forward guidance indicates slack demand, particularly for back-end testing equipment. While there...
13Oct2011 | vitalstocks | 0 comments | Continued(IBKR) Interactive Brokers Group – Bull of the Day
We are upgrading our recommendation on Interactive Brokers Group (IBKR) to Outperform as its brokerage business continued to perform well and the company reinstated its quarterly dividend. Despite declining market volumes, Interactive Brokers’ Market Making segment is positioned...
13Oct2011 | vitalstocks | 0 comments | Continued(ACI) Coal Outlook Promising for Investors
by David Fessler, Investment U Senior Analyst Thursday, October 6, 2011 Earlier, I talked about the 25-year outlook for liquid fuels based on the Energy Information Administration’s (EIA) International Energy Outlook 2011. It’s the EIA’s annual 25-year energy forecast,...
13Oct2011 | InvestmentU | 0 comments | Continued(WMT) Wal-Mart Stores Close in China
Retail giant Wal-Mart Stores Inc. (WMT) has agreed to stop operations at 13 stores in southwest China, following the allegations of mislabeling ordinary pork as organic. The municipal government of Chongqing in southwestern China has accused Wal-Mart of selling substandard food...
13Oct2011 | vitalstocks | 0 comments | Continued(CINF) Cincinnati Financial Estimates Catastrophe Loss
Yesterday, property and casualty insurer Cincinnati Financial Corp. (CINF) declared a preliminary pre-tax catastrophe loss (cat loss) estimate of about $88–$98 million, which will be reflected in its third quarter 2011 results. The losses mainly emanated from Hurricane Irene...
13Oct2011 | vitalstocks | 0 comments | Continued(ALL) Allstate Aquires Esurance and Answer Financial from White Mountains Insurance Group
On Friday, Allstate Corp. (ALL) announced the completion of the acquisition of Esurance and Answer Financial from White Mountains Insurance Group Ltd. (WTM) for $1.0 billion. This marks the next biggest acquisition for the company since 1999, when it bought American Heritage...
13Oct2011 | vitalstocks | 0 comments | Continued(CTIC) Cell Therapeutics Incorporated – Bull of the Day
In late September, Cell Therapeutics (CTIC) announced that a second independent radiologic review of data from the pivotal trial PIX301 of lead drug pixantrone for aggressive NHL confirmed the statistical significance of response and progression endpoints. With this positive...
13Oct2011 | vitalstocks | 0 comments | Continued(BK) Bank of New York-Mellon – Bear of the Day
We are downgrading our recommendation on Bank of New York-Mellon (BK) to Underperform as a low interest rate environment and various lawsuits filed against the company are expected to dent its profitability and lead to higher expenses over the medium term. Although the company...
13Oct2011 | vitalstocks | 0 comments | Continued(AMZN) U.S. Favorable Durable Goods Report
Stocks have been gaining ground all over again recently — up almost 4% in the last three days — even as tangible positive news has been hard to come by. Optimism has been growing in recent days that the Europeans are finally moving toward a TARP-like solution to get...
13Oct2011 | vitalstocks | 0 comments | Continued(AN) AutoNation Analyst Maintains Neutral on Shares
We have retained a Neutral recommendation on AutoNation, Inc. (AN). We appreciate the company’s optimal brand and market mix, which is pushing up new vehicle sales as the market revives. However, we are concerned about tough competition and rising interest rates faced by the...
12Oct2011 | vitalstocks | 0 comments | Continued(AA) U.S. Market in Wait and See Mode
With nothing major on the economic calendar today, the market will likely repeat Tuesday’s performance and remain in a wait-and-see mode for the earnings season to unfold. We had a fairly disappointing start to this reporting cycle on Tuesday, but no one is reading too...
12Oct2011 | vitalstocks | 0 comments | Continued(AA) The Volcker Rule and Earnings – Economic Highlights
With nothing major on the economic calendar today, the market will likely repeat Tuesday’s performance and remain in a wait-and-see mode for the earnings season to unfold. We had a fairly disappointing start to this reporting cycle on Tuesday, but no one is reading too...
12Oct2011 | vitalstocks | 0 comments | Continued(HGG) hhgregg Incorporated – Bear of the Day
We have downgraded the hhgregg, Inc.’s (HGG) recommendation to Underperform from Neutral on the heels of the hhgregg’s first-quarter 2012 net loss of $0.02 per share which was below the Zacks Consensus Estimate of a break-even as well as the year-ago quarter earnings...
12Oct2011 | vitalstocks | 0 comments | Continued(LTD) Limited Brands Incorporated – Bull of the Day
Limited Brands, Inc. (LTD) second-quarter 2011 earnings of $0.48 per share beat the Zacks Consensus Estimate of $0.46, and rose 33% from the prior-year quarter on the back of cost containment, inventory management and merchandise initiatives. The better-than-expected results,...
12Oct2011 | vitalstocks | 0 comments | Continued(AMR) Company News for October 12, 2011 – Corporate Summary
• Gold producer Newmont Mining’s (NYSE:NEM) shares fell 1.27% to close at $64.44 after the company announced the name of Gary Goldberg as its new COO. Mr. Goldberg was earlier associated with Rio Tinto (NYSE:RIO)• Share prices of discount retailer 99 Cents Only...
12Oct2011 | vitalstocks | 0 comments | Continued(AA) Stock Market News for October 12, 2011 – Market News
On Tuesday, markets ended mixed after trading in a tight range throughout the day, as investors anxiously waited for Slovakia’s vote for or against bolstering Europe’s financial rescue plan. Investors also eagerly awaitedAlcoa’s quarterly results, which would kick-start...
12Oct2011 | vitalstocks | 0 comments | Continued(BA) U.S. Durable Goods Orders Flat in August
New Orders for Durable Goods dipped a slight 0.1% in August. That was slightly below the consensus expectations of an increase of 0.1%. The July numbers were revised slightly upwards. It was first reported as an increase of 4.0%, but now they say new orders rose 4.1%. Given the...
11Oct2011 | vitalstocks | 0 comments | Continued(PPDI) Pharmaceutical Product Development to Go Private
Pharmaceutical drug research company Pharmaceutical Product Development, Inc. (PPDI) recently announced that it has entered into an agreement to be acquired by privately held The Carlyle Group and Hellman & Friedman for $3.9 billion in cash. PPD shareholders have been offered...
11Oct2011 | vitalstocks | 0 comments | Continued(C) Citigroup Pressed with Allegations
On Friday, Citigroup Inc. (C) was sued by the German lender IKB Deutsche Industriebank AG. The complaint lodged claims that Citi misrepresented documents as an underwriter in the sale of over $4.2 million in residential mortgage-backed securities. According to Dusseldorf-based...
11Oct2011 | vitalstocks | 0 comments | Continued(PZE) Latch Onto The Next Big Shale Gas Boom
by Justin Dove, Investment U Research Friday, October 7, 2011 Which country has the most shale gas reserves outside of the United States and China? Canada? Nope. Australia? Wrong again. According to the U.S. Energy Information Administration, Argentina ranks third in recoverable...
10Oct2011 | InvestmentU | 0 comments | Continued(MCD) A Smart Play in Down Markets – Multinational Stocks
by Jason Jenkins, Investment U Research Thursday, October 6, 2011 What do you do in a bear market? Most people would tell you to run and get out. Thousands of investors are flocking to the perceived safety of Treasury bonds. But as Alexander Green writes, the Treasury bond market...
10Oct2011 | InvestmentU | 0 comments | Continued(CLWR) Company News for October 10, 2011 – Corporate Summary
• Sprint Nextel Corp. (NYSE:S) announced that it will cease selling phones and devices that are compatible with Clearwire Corporation’s (NASDAQ:CLWR) network at the end of this year • A Michigan jury has discovered that IPG Photonics Corporation (NASDAQ:IPGP)...
10Oct2011 | vitalstocks | 0 comments | Continued