Archive for vitalstocks

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(AKAM) Akamai Technologies’ First Quarter Earnings Were Impressive

Akamai Technologies, Inc. (AKAM) reported earnings of 51 cents per share, which jumped 41.7% from the year-ago quarter and 2.0% from the previous quarter. Earnings met the mid-point of management’s...

3May2013 | | Comments Off | Continued

(JCP) J. C. Penney Taps Revolver

In an effort to stabilize its financials, replenish inventory and fund the overhauling costs related to its new home departments across 500 stores, J. C. Penney Company Inc. (JCP) drew $850 million from its...

3May2013 | | Comments Off | Continued

(NRG) SunPower Books Earnings in First Quarter – Sales Beat

SunPower Corporation’s (SPWR) first quarter 2013 adjusted earnings per share (including stock-based compensation) were 15 cents per share compared to a loss of 23 cents per share incurred in the year-ago...

3May2013 | | Comments Off | Continued

(BTU) Peabody Energy Earnings Likely to Miss

Peabody Energy Corp. (BTU) will release its first quarter 2013 financial results before the market bell on Apr 18, 2013. In the prior quarter, this coal operator reported a negative earnings surprise of 530.77%....

3May2013 | | Comments Off | Continued

(UTL) Unitil Corporation Makes Rate Plea in New Hampshire

New Hampshire local natural gas distribution utility of Unitil Corporation (UTL) has made a request for an increase in natural gas distribution base rates. The request is made to New Hampshire Public Utilities...

3May2013 | | Comments Off | Continued

(MON) Monsanto – Bayer in Cross-Licensing Deal

Monsanto Company (MON), an agricultural services provider, recently entered into a contract with Bayer CropScience, a wing of Germany based Bayer AG. The deal relates to the licensing of next-generation and...

3May2013 | | Comments Off | Continued

(KMP) Kinder Morgan Misses Earnings – Tops Revenues

Kinder Morgan Inc. (KMI) reported first quarter 2013 earnings of 28 cents a share from continuing operations, failing to meet the Zacks Consensus Estimate of 32 cents. However, the quarterly earnings increased...

3May2013 | | Comments Off | Continued

(VALE) Vale’s First Quarter Iron Ore Volume Drops

Vale S.A. (VALE), a metals and mining company, recently announced a mixed production report for the first quarter 2013, including a year-over-year decline in the iron ore performance. Vale saw a year-over-year...

3May2013 | | Comments Off | Continued

(SCSS) Select Comfort’s Earnings Disappoint

Lower sales and increased promotional expenses took a toll on Select Comfort Corporation’s (SCSS) first-quarter fiscal 2013 results. The mattress retailer posted adjusted quarterly earnings of 41 cents a...

3May2013 | | Comments Off | Continued

(CLB) Core Laboratories N.V. Posts Stellar First Quarter Earnings

Oilfield service company, Core Laboratories N.V. (CLB) reported excellent first quarter 2013 results, highlighting global deepwater hydrocarbon developments. Quarterly earnings per share (EPS) came in...

3May2013 | | Comments Off | Continued

(NE) Noble Beats First Quarter Earnings – Misses Revenues

Leading contract drilling company, Noble Corporation (NE) reported first quarter 2013 earnings of 59 cents per share. With a boost from multi-regional operational improvements, the results surpassed both the...

3May2013 | | Comments Off | Continued

(WSH) Aon Increases Dividend by 11%

Recently, the board of Aon plc (AON) approved an 11% hike in its annual dividend on Class A Ordinary Shares to 70 cents per share from 63 cents paid earlier. This translates into a quarterly cash dividend of...

3May2013 | | Comments Off | Continued

(MTL) Mechel OAO Inks Deal with Baosteel

Russian miner Mechel OAO (MTL) has signed a memorandum of understanding with Baosteel Resources Int. Co. wherein Mechel’s subsidiary – Mechel Carbon Singapore – will supply the latter with up to 960,000...

3May2013 | | Comments Off | Continued

(ABMD) Abiomed Releases Encouraging Preliminary Fourth Quarter Data

Leading cardiac assist devices maker, Abiomed Inc. (ABMD), provided encouraging preliminary data for its fourth-quarter 2013 results. The company will report full results on May 2, 2013. Revenues climbed...

3May2013 | | Comments Off | Continued

(DHR) Danaher Short on Earnings – Revenues Up

Danaher Corporation (DHR) reported diluted earnings of 75 cents a share from continuing operations in the first quarter of 2013, a 2.5% growth from year-over- year earnings but missing the Zacks Consensus Estimate...

3May2013 | | Comments Off | Continued

(LLY) Eli Lilly and Company Sees Positive Data on Diabetes Candidate

Eli Lilly and Company (LLY) recently announced top-line data on its type II diabetes candidate, dulaglutide. The company said that dulaglutide met its primary endpoint in two phase III studies (AWARD-2 and...

3May2013 | | Comments Off | Continued

(PPG) PPG Industries’ First Quarter Earnings Beat – Profit Skyrockets

Coatings giant PPG Industries Inc (PPG) beat earnings expectations in the first quarter of 2013 buoyed by continued momentum across automotive OEM and aerospace markets. Strength across North America and Asia...

3May2013 | | Comments Off | Continued

(WU) Western Union Partners Bancoppel

Recently, The Western Union Company (WU), a leading financial services and communications business has inked a five-year agreement with a Mexican financial and retail services institution – Bancoppel. The...

3May2013 | | Comments Off | Continued

(PNW) Pinnacle West Capital Starts Solar Operation in Yuma

Pinnacle West Capital Corp’s (PNW) primary subsidiary Arizona Public Service & Co announced the conclusion of the first phase of the Foothills Solar Power Plant in Yuma County, Ariz., bringing online...

3May2013 | | Comments Off | Continued

(V) Visa’s Earnings Shine – Raises Outlook

Visa Inc.’s (V) fiscal second-quarter (ended Mar 31, 2013) operating earnings of $1.92 per Class A common share were modestly ahead of the Zacks Consensus Estimate of $1.81. Additionally, the result substantially...

2May2013 | | Comments Off | Continued

(GPC) Genuine Parts Company Disappoints in First Quarter Earnings

Genuine Parts Company (GPC) posted earnings per share of 93 cents for the first quarter of 2013, which were flat compared with the year-ago level. With this, earnings also missed the Zacks Consensus Estimate...

2May2013 | | Comments Off | Continued

(CY) Cypress Semiconductor Loss Narrower than Expected

Cypress Semiconductor (CY) reported first-quarter 2013 loss of 5 cents per share, narrower than the Zacks Consensus Estimate of 8 cents loss per share. The adjusted earnings per share exclude one-time items...

2May2013 | | Comments Off | Continued

(DV) Earnings Preview: DeVry Incorporated

We expect DeVry Inc. (DV) to beat expectations when it reports fiscal third quarter 2013 results on Apr 23. Last quarter it posted an impressive 55.36% positive surprise. Why a Likely Positive...

2May2013 | | Comments Off | Continued

(SON) Sonoco Product’s Earnings and Sales Lag

Sonoco Products Co. (SON) reported first-quarter 2013 adjusted earnings of 50 cents per share, a decrease of 4% from the prior year quarter’s earnings of 52 cents per share. The results narrowly missed the...

2May2013 | | Comments Off | Continued

(RSH) RadioShack: Will It Beat Earnings?

RadioShack Corp. (RSH) – a popular consumer electronics specialty retailer – is set to release its first-quarter 2013 results before the opening bell on Apr 23, 2013. In the last quarter, the company...

2May2013 | | Comments Off | Continued

(MOLX) Will Molex Miss Earnings Estimates in 3Q? – Analyst Blog

Molex Inc. (MOLX) is set to report third quarter 2013 results on Apr 23. Last quarter it reported in line with estimates. Let’s see how things are shaping up for this announcement. Growth...

2May2013 | | Comments Off | Continued

(HAL) Will Halliburton Report a Rare Earnings Miss?

Major oilfield services provider Halliburton Co. (HAL) is set to release its first-quarter 2013 results before the opening bell on Monday, Apr 22. In the preceding three-month period, Halliburton delivered...

2May2013 | | Comments Off | Continued

(FHN) First Horizon National Meets Earnings Estimates

First Horizon National Corp. (FHN) reported first-quarter 2013 earnings per share of 17 cents, in line with the Zacks Consensus Estimate of 17 cents, but well ahead of the year-ago earnings of 12 cents. The...

2May2013 | | Comments Off | Continued

(PEP) Earnings Preview: PepsiCo

PepsiCo, Inc. (PEP) is set to report its first-quarter 2013 results on Apr 18 before the market opens. In the last quarter it posted a +3.8% positive surprise. Let’s see how things are shaping up for this...

2May2013 | | Comments Off | Continued

(BOKF) BOK Financial’s Earnings Beat

BOK Financial Corporation’s (BOKF) first-quarter 2013 earnings of $1.28 per share surpassed the Zacks Consensus Estimate by 10 cents. Moreover, results came above the prior-quarter earnings of $1.21. Better-than-expected...

2May2013 | | Comments Off | Continued