All Posts Tagged With: "SI"
(LLY) Report Shows U.S. Trade Deficit Rose in December As Expected
The Trade Deficit rose in December to $40.58 billion from $38.32 billion in November. The rise in the trade deficit is bad news for the economy. On the other hand, the trade deficit was in line with the $40.40 billion consensus expectation.
On a year-over-year basis,...
(MON) U.S. International Trade Deficit Falls Again
The Trade Deficit fell in November to $38.31 billion from $38.42 billion in October. The fall in the trade deficit is good news for the economy. The trade deficit was also smaller than the $41.0 billion consensus expectation. On a year-over-year basis, the total trade deficit...
(GE) General Electric Company to Sell Mexican Mortgage Business
Headquartered in Mexico City, GE Capital, a unit of General Electric Company (GE), entered into an agreement to sell its consumer mortgage business in Mexicoto Grupo Financiero Santander Mexico. The business to be sold comprises...
(GE) General Electric Earns Saudi Gas-Oil Procesing Contract
Saudi Aramco has chosen General Electric Co. (GE) as the supplier of a collection of extensive equipments and services for expansion of the Shaybah gas-oil processing facilities. The contract is valued at about...
(MR) Mindray Medical International Makes Major Announcements at Radiology Society of North America
Leading Chinese medical devices maker Mindray Medical International Limited (MR) has announced major upgrades to its ultrasound systems at the ongoing Radiology Society of North America (“RSNA”) annual...
(STJ) St. Jude Medical Strikes Marketing Pact with ZONARE
Medical devices major St. Jude Medical (STJ) has struck a development and marketing pact with leading ultrasound system provider ZONARE Medical Systems. The financial terms of the deal have not been divulged...
(DOW) U.S. Trade Deficit Tumbles – Good News!
The Trade Deficit fell in October to $38.71 billion from $46.60 billion in September. The fall in the trade deficit is very good news for the economy. The trade deficit was also smaller than the $44.5 billion consensus expectation.
On a year-over-year basis, the total...
(GE) General Electric Displays NexGen X-Ray Detector at Radiological Society of North America
At the 96th annual meeting of the Radiological Society of North America (RSNA) in Chicago, GE Healthcare, a unit of General Electric (GE), showcased its next generation wireless, digital X-ray detector. The...
(MOT) Motorola and Kopin Unite to Build Hands-Free Headset
Motorola Solutions, a business unit of Motorola Inc. (MOT), tied up Kopin Corporation (KOPN) to manufacture a hands-free computer and communications...
(NOK) Nokia Earnings Surprise in Third Quarter
Nokia Corp. (NOK), the largest mobile phone manufacturer of the world, declared its third quarter 2010 financial results, which beat both the top-line and bottom-line Zacks Consensus Estimates. The results...
(MOT) Motorola Divides into Two Companies in January 2011
Struggling mobile phone manufacturer Motorola Inc. (MOT) will split itself into two separate entities in January 2011. Previously, Motorola expected the split to be completed in the first quarter of 2011.
Motorola’s...
(GE) General Electric to Invest Over $2 Billion in China
General Electric Company (GE) recently announced that it would be making an investment of above $2 billion to expand its research and development activity in China through 2012. The investment will also aid...
(MOT) Motorola Incorporated 2010 Third Quarter Earnings Scorecard
Motorola Inc. (MOT) reported excellent third quarter 2010 results, beating the Zacks Consensus Estimate by 2 cents. Earnings benefited from growing market traction for its 3G Android-based smartphones. Overall,...
(DD) September 2010 U.S. Trade Deficit Improves a Bit
The Trade Deficit fell in September to $44.00 billion after it rose in August to $46.48 billion. The fall in the trade deficit is very good news for the economy. The trade deficit was also smaller than the $44.8 billion consensus expectation. On a year-over-year...
(MOT) Motorola Back to Seamless Mobility
Motorola Inc. (MOT) is finally reaping the benefit of its decision that the company has taken regarding its fragile Mobile Devices once Dr. Sanjay Jha becomes the CEO of this division. Supported by increasing...
(AXP) U.S. Trade Deficit Rose in August 2010 – Trouble Increasing?
The Trade Deficit rose in August to $46.35 billion after it fell in July to $42.58 billion, down from $49.76 billion in June. The rise in the trade deficit is very bad news for the economy. The trade deficit was also substantially larger than the $44.5 billion...
(GE) General Electric Earnings Beat Expectations on Lower Revenue
General Electric Company (GE) released its earnings results for third quarter of 2010 before the opening bell today, reporting earnings per share of 29 cents, beating the Zacks Consensus estimate of 27 cents....
(ARAY) Accuray’s CyberKnife Reaches 100,000 Patients Treated
Leading radiosurgery systems maker Accuray Incorporated (ARAY) has achieved an important milestone as patients treated with its CyberKnife robotic radiosurgery system have reportedly reached the 100,000 mark.
CyberKnife...
(CLWR) LightSquared Selects Long-term Evolution System Vendors
LightSquared, which has decided to install a nationwide hybrid wireless/satellite network in the U.S. to offer next-generation (4G) Long-term Evolution (LTE) service, has declared the name of its various vendors. LightSquared is a new telecom venture launched by the hedge...
(GE) General Electric Wins Large Brazilian Contract
GE Transportation, a unit of General Electric Co. (GE), clinched the largest locomotive purchase order in Brazil from MRS Logistica S.A. (“MRS”), a Brazilian rail operator. The announcement was made public...
(SI) Siemens AG – ADR- Bull of the Day
We are upgrading our Neutral recommendation on Siemens (SI) to Outperform with a $121 target price. Revenue and orders both increased year-over-year in the third quarter of 2010.
Revenue also increased...
(SKM) SK Telecom Corporation Ltd. to Enter LightSquared Venture
SK Telecom Corp. Ltd. Co. (SKM), the largest wireless carrier of South Korea, is again trying its luck in the nearly saturated but lucrative U.S. wireless market. The company has decided to invest in the LightSquared...
(BCS) Company News for September 16, 2010 – Corporate Summary
• FedEx (NYSE:FDX) posted fiscal first quarter earnings one cent below consensus expectations, coming in at $1.20 on a revenue gain of 18.1% to $9.46 billion, above projections of $9.39 billion. The company raised its fiscal 2011 guidance to $4.80-$5.25
• Microsoft...
(ARAY) Accuray Beats Earnings Estimate by 60%
Accuray Inc. (ARAY), a global leader in the field of radiosurgery, reported fourth-quarter fiscal 2010 (ended June 30) earnings per share of 8 cents, exceeding the Zacks Consensus Estimate of 5 cent and the...
(F) U.S. Trade Deficit in July 2010 Drops to $42.8 Billion
The Trade Deficit fell in July to $42.78 billion, down from $49.76 billion in June. This is very good news for the economy…but not good enough. The trade deficit was also substantially smaller than the $47.3 billion consensus expectation. While it was...
(NOK) Nokia Board Replaces CEO Kallasvuo
Time is up for Mr. Olli-Pekka Kallasvuo, the beleaguered CEO of Nokia Corp. (NOK). Today, the Board of Directors of Nokia has taken a decision to replace Kallasvuo with Mr. Stephen Elop from Microsoft...
(MTE) India to be Focus of Next Big Telecom Push
India, the second largest emerging market in the world, is likely to turnout as a “Treasure Island” for the global telecom equipment manufacturing giants. According to recent news in The Economic Times, the first phase of 3G networks deployment in India may provide a business...
(MOT) Motorola Announces Spin-off Details
Struggling mobile phone manufacturer Motorola Inc. (MOT) intends to invest $3.5 billion into its mobile-phone and set-top box units that will be spun off in the first quarter of fiscal 2011.
The money...
(GE) General Electric Wins Gets LNG Contract
The Oil & Gas business of General Electric Co. (GE) has entered into a supply and service agreement for the development of Papua New Guinea (PNG) LNG project. The project involves improvement of gas production...
(SI) German Economic Growth Engine Revs Up
by Tony D’Altorio, Investment U Research
Wednesday, August 18, 2010
The...