Services
(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 $1.85 billion revolving...3May2013 | vitalstocks | 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 deal allows Bancoppel to...3May2013 | vitalstocks | 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 exceeded the prior-year...2May2013 | vitalstocks | 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 by 6 cents per share. Sales...2May2013 | vitalstocks | 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 Surprise? Our...2May2013 | vitalstocks | 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 delivered a 300% earnings...2May2013 | vitalstocks | Comments Off | Continued
(JWN) Nordstrom Plans Rack Store Openings
Nordstrom Inc. (JWN) unfolded its plans to open 2 new Nordstrom Rack stores, one at Gallery on the Parkway in Dallas, Texas and the other at Station Park in Farmington, Utah, which are scheduled to open to public in fall 2013. With...2May2013 | vitalstocks | Comments Off | Continued
(JBLU) JetBlue Lags Forecasts on First Quarter Earnings
The discounted U.S. airline JetBlue Airways Corporation (JBLU) delivered weak first quarter 2013 results on the aftereffects of the Hurricane Sandy along with high expenses associated with aircraft maintenance and salaries and wages. The...2May2013 | vitalstocks | Comments Off | Continued
(DISH) Dish Network Corporation Sees Possible Credit Downgrade by Moody’s
Credit rating agency, Moody’s Investors Service has put the U.S. based satellite service provider, Dish Network Corp. (DISH) on review for a possible downgrade. This decision by the agency is in response to DISH’s proposal to...2May2013 | vitalstocks | Comments Off | Continued
(CCL) Carnival Plans $300 Million Initiative
Leading cruise operator and vacation company, Carnival Corporation’s (CCL) subsidiary Carnival Cruise Lines will introduce a new program to improve its fleet-wide efficiency and ensure better safety for its passengers. Carnival Cruise...2May2013 | vitalstocks | Comments Off | Continued
(CATO) Does April Look Promising for Retailers?
After a disappointing sales performance in March, it remains to be seen how things are shaping up for retailers in April. Higher Social Security Payroll taxes, unexpected cold weather and political gridlock and brinkmanship dampened the mood of shoppers in March. Retail sales fell 0.4% last month,...2May2013 | vitalstocks | Comments Off | Continued
(NWSA) News Corporation Christens Entertainment Company
News Corporation (NWSA) recently announced that post split, its new independent media company will be christened 21st Century Fox. The company is on the verge of splitting its operations into 2 separate publicly traded...2May2013 | vitalstocks | Comments Off | Continued
(TGT) Target Cautions Lower First Quarter Earnings
The unexpected cold weather resulting in soft sales of spring merchandises compelled Target Corporation (TGT) to take a cautious stance on its sales and earnings projection for the first quarter of fiscal 2013. This operator of general...2May2013 | vitalstocks | Comments Off | Continued
(WAG) Still Neutral on Walgreens
On Apr 17, we reaffirmed our long-term Neutral recommendation on Walgreen Co. (WAG) following the mixed second-quarter fiscal 2013 results. While the last quarter results reflect a definite improvement over the past few quarters, the...2May2013 | vitalstocks | Comments Off | Continued
(AMZN) Amazon Earnings Report Mixed – Stock Still Climbs
After the bell Thursday, Amazon (AMZN) reported mixed results for its Q1: an earnings beat on slightly lower revenues and downwardly revised guidance… and the stock is still up following the announcement. Amazon, the...29Apr2013 | vitalstocks | Comments Off | Continued
(UAL) United Continental Holdings Posts Narrower Loss
The largest U.S. airline – United Continental Holdings Inc. (UAL) – reported better-than-expected results in first quarter 2013. The company’s performance was supported by better operational activities and services that somewhat...28Apr2013 | vitalstocks | Comments Off | Continued
(LUV) Southwest Airlines Unveils Flights to Five Cities
For the first time ever, domestic top-notch carrier Southwest Airlines Co. (LUV) introduced flights to five cities in one day. This move underlines the company’s endeavors to expand its foothold outside the 48 contiguous states...27Apr2013 | vitalstocks | Comments Off | Continued
(LTD) Limited Brands’ Comparable Store Sales Up 3%
Limited Brands Inc. (LTD), a specialty retailer of women’s intimate and other apparel, beauty and personal care products, posted comparable-store sales growth of 3% for the five-week period ended Apr 6, 2013, that betters analyst...27Apr2013 | vitalstocks | Comments Off | Continued
(TJX) TJX Companies Comparable Store Sales Down but Expect to Improve
Consolidated same-store sales at The TJX Companies Inc. (TJX), an off-price retailer of apparel and home fashions, descended 2% year over year in the five-week period ended Apr 6, 2013. Comparable store sales in the period were within...27Apr2013 | vitalstocks | Comments Off | Continued
(MAN) What’s in Store for ManpowerGroup this Earnings?
ManpowerGroup Inc. (MAN) is slated to report its first-quarter 2013 results before the market opens on Apr 19. In the last quarter, it posted a positive surprise of 18.2%. Let’s see how things are shaping up for this announcement. Growth...27Apr2013 | vitalstocks | Comments Off | Continued
(CVD) Covance Augments Singapore Facility
Covance Inc. (CVD) recently announced that it had completed the expansion of its central laboratory facility in Singapore. Following the expansion of the laboratory by 50%, the company will be able to meet the demand for drug development...27Apr2013 | vitalstocks | Comments Off | Continued
(UAL) United Continental Holdings Targets to Save More Fuel
Apart from implementing various strategic initiatives to boost the profitability level and render greater customer satisfaction, United Continental Holdings Inc. (UAL) is taking measures to do its bit in making the world a greener...25Apr2013 | vitalstocks | Comments Off | Continued
(PBY) Pep Boys See Broader Loss
Pep Boys — Manny, Moe & Jack (PBY) posted a broader loss of $14.5 million or 27 cents per share in the fourth quarter of fiscal 2012 ended Feb 2 compared with $4.4 million or 8 cents in the corresponding quarter of prior year...24Apr2013 | vitalstocks | Comments Off | Continued
(SNI) Scripps Networks Interactive Expands in Asia
Scripps Networks Interactive Inc. (SNI), a pure-play lifestyle cable network company, acquired Singapore-based Asian Food Channel (AFC) for an undisclosed amount. It is believed to be a strategic acquisition by the company to widen...23Apr2013 | vitalstocks | Comments Off | Continued
(GME) GameStop Hits 52-Week High
Shares of GameStop Corporation (GME) surged to attain a new 52-week high of $32.33 on Apr 12, 2013, before closing at $32.02, up 1.1% from the previous day’s session. Shares of this Zacks Rank #3 (Hold) video game and entertainment...23Apr2013 | vitalstocks | Comments Off | Continued
(ACN) Accenture to Aid Government of Punjab
More government projects are coming in the way of Accenture Plc. (ACN). This time it is a project from the state government of India. The company has secured a 12-month contract for technology and management-consulting services for...21Apr2013 | vitalstocks | Comments Off | Continued
(TWC) Time Warner Cable Reverts to Neutral
We upgrade our recommendation to Neutral on Time Warner Cable Inc. (TWC), the second largest cable MSO in the U.S., ahead of its first quarter of 2013 financial results. Why the Upgrade? We expect Time...21Apr2013 | vitalstocks | Comments Off | Continued
(PAYX) Paychex Rises to a New 52-Week High
Shares of Paychex Inc. (PAYX) reached a new 52-week high of $36.16 on Thursday, Apr 11, 2013, following decent third-quarter 2013 results announced on Mar 27, an improving job market, improvement in hiring activities and better visibility...21Apr2013 | vitalstocks | Comments Off | Continued
(SJR) Shaw Communications Beats Earnings
Shaw Communications Inc. (SJR) declared better financial results for the second quarter of fiscal 2013. GAAP net income from continuing operations was $182 million, up 2.2% year over year. GAAP net earnings per share were 38 cents,...21Apr2013 | vitalstocks | Comments Off | Continued
(ICE) IntercontinentalExchange Boosts Energy Portfolio
On Friday, the operator of regulated future exchanges – IntercontinentalExchange Inc. (ICE) announced its plan to launch 35 fresh cleared derivative energy products. With the announcement of these contracts, the company will now...21Apr2013 | vitalstocks | Comments Off | Continued