Browse_Blogs_Heading
22 minutes ago — SchaeffersResearch
Today, underwear concern Hanesbrands Inc.
(HBI:
sentiment,
chart,
options)
received both a bearish downgrade and a bullish reiteration. Specifically, Matrix Research downgraded the shares from "hold" to "sell" and CL King reiterated its "strong buy" recommendation.
This m...
45 minutes ago — SchaeffersResearch
After the close last night, video game retailer GameStop
(GME:
sentiment,
chart,
options)
reported adjusted third-quarter earnings of 38 cents per share on sales of $1.7 billion. Analysts were looking for a profit of 37 cents on sales of $1.83 billion. Looking ahead, GME expec...
51 minutes ago — Zacks.com: Analyst Blog
Vital Images, Inc. (VTAL) develops, markets, and supports medical visualization and analysis software for use primarily in clinical diagnosis, disease screening, and therapy planning. The company's software applies proprietary computer graphics and image processing technologies to a wide ...
1 hours ago — Zacks.com: Analyst Blog
American Tower Corp. (AMT), a leading operator of wireless communications towers in the US and other emerging markets, declared third quarter 2008 financial results above our estimates. Overall performance has been driven by substantial demand for additional tower space to facilitate high...
2 hours ago — SchaeffersResearch
Shares of Apple Inc (AAPL) are hitting a new annual low today. This is worth mentioning as it now joins many of the other bellwether stocks that are breaking down. Here are few facts to consider.
Back in September I discussed watching Apple as a broad market barometer. That then developed ...
2 hours ago — Zacks.com: Analyst Blog
We are maintaining our Buy recommendation on Casper, Wyoming-based Double Eagle Petroleum Co. (DBLE), a small-cap exploration and production (EP) company, following the company's strong third-quarter results, with volumes up roughly 150% from the year-earlier level.
We continue to believ...
2 hours ago — Zacks.com: Analyst Blog
BJ's Wholesale Club Inc. (BJ) is the third largest warehouse club operator in the U.S. BJ's reported better-than-expected results for the third-quarter, beating the EPS consensus by $0.03 and coming in at the high end of its most recent guidance. The upside was due to a boost in gasoline ...
3 hours ago — Zacks.com: Analyst Blog
Vornado Realty Trust (VNO) is a New York-based real estate investment trust (REIT) that acquires, owns, and leases office properties, retail space and temperature-controlled logistics and refrigerated warehouses. The company owns and manages approximately 100 million square feet of real e...
3 hours ago — Zacks.com: Analyst Blog
Nucor Corporation (NUE) is the nation's largest recycler of steel scrap. Long-term contracts, constant cost reduction efforts, higher steel prices, lower interest rates, strong cash flow position and a dominant acquisition strategy inspire our optimism with respect to the stock's performa...
3 hours ago — Zacks.com: Analyst Blog
GameStop Corp. (GME) sells software, hardware, and game accessories for video game systems and personal computers. The company is also the largest reseller of used video games. It currently operates 6,066 retail stores across North America and Europe.
Given the difficult economic backdro...
4 hours ago — Zacks.com: Analyst Blog
Ohio-based AK Steel Holding Corporation (AKS) is a leading producer of flat-rolled carbon, stainless, electrical steel and tubular products. We expect that AK Steel's cost reduction efforts and renegotiated higher-priced contracts will prevent excessive margin deterioration in light of hi...
4 hours ago — Zacks.com: Analyst Blog
Salix Pharmaceuticals, Ltd. (SLXP) is a specialty pharmaceutical company engaged in acquiring, developing and commercializing prescription drugs used in the treatment of a variety of gastrointestinal diseases.
The company suffered a major setback in December 2007 when the FDA granted ap...
5 hours ago — Zacks.com: Analyst Blog
The Wet Seal, Inc. (WTSLA) is a specialty retailer of fashionable and contemporary apparel and accessory items designed for female consumers in the United States. The company operates two mall-based chains of retail stores under the names Wet Seal and Arden B. Wet Seal targets the fashion...
5 hours ago — SchaeffersResearch
Late Thursday, the Bank of New York Mellon
(BK:
sentiment,
chart,
options)
became the latest financial firm to announce job cuts. The company said it will trim 1,800 jobs, or roughly 4.2% of its global workforce. CEO Robert P. Kelly said the payroll reduction will aid in reduci...
5 hours ago — SchaeffersResearch
Cleveland-based financial firm KeyCorp
(KEY:
sentiment,
chart,
options)
tumbled to a new all-time low this morning after slashing its common-stock dividend for the second time this year. The bank cut its quarterly payout by 67% to 6.25 cents per share from 18.75 cents, despite...
5 hours ago — SchaeffersResearch
A look to the action today shows gold stocks have found a bid. Companies such as
Goldcorp Incorporated (GG), Gold Fields Limited (GFI), Newmont Mining Corp (NEM) and Barrick Gold (ABX) are posting double-digit gains. Other stocks, such as Freeport-McMoRan Copper & Gold (FCX) and the SPDR Gold ...
6 hours ago — Zacks.com: Analyst Blog
Skyworks Solutions, Inc. (SWKS) designs, manufactures, and markets wireless semiconductor solutions for the mobile communications industry. The company has the building blocks, such as RF-ICs [radio frequency integrated chips], mixed-signal cores, and digital baseband technology, to lever...
6 hours ago — SchaeffersResearch
The shares of Boston Scientific
(BSX:
sentiment,
chart,
options)
have been hammered lately, with the stock down 26% for the week -- roughly doubling the steep losses swallowed by the broad-market indices. As it turns out, the price plunge is at least partially attributable to ...
6 hours ago — Zacks.com: Analyst Blog
Grey Wolf, Inc. (GW) is the third-largest land driller in the country, with a very capable drilling fleet. The company remains well positioned to weather a slowdown in drilling activity given its strong portfolio of term contracts and a healthy balance sheet.
Grey Wolf's merger with Prec...
6 hours ago — Zacks.com: Analyst Blog
Headquartered in Broomfield, Colorado, Ball Corporation (BLL) is a manufacturer of metal and plastic packaging, primarily for beverages and foods. It also supplies aerospace and other technologies and services to government and commercial customers.
Ball Corporation reported 3Q08 EPS of ...
7 hours ago — Zacks.com: Analyst Blog
We are keeping our Buy recommendation on CEMIG S.A. (CIG). The company posted positive results for the third quarter of 2008, and the short-to-medium term outlook still remains promising as demand for electricity in Brazil keeps growing.
At current levels, CEMIG's ADRs are trading at 6....
7 hours ago — SchaeffersResearch
Here are some of the contenders for today's biggest...news...of...the...day...
Earnings from Dell Inc (DELL)...
Earnings from Gap Inc (GPS)...
Earnings from H.J. Heinz Co (HNZ)...
Earnings from AnnTaylor Stores Corp (ANN)...
Earnings from Canadian Solar Inc (CSIQ)...
Re...
7 hours ago — Zacks.com: Analyst Blog
Avon Products Inc. (AVP), headquartered in New York City, is benefiting from both the expansion into the developing and emerging markets and its emphasis on the Beauty products portfolio. CEO Andrea Jung has transformed the company over the last eight years. Management aims to achieve hig...
7 hours ago — SchaeffersResearch
As discussed here, I have resurrected a scan that focuses on companies that are heavily shorted. The purpose is to find stocks that could be in the midst of a potential short covering rally. More details about the methodology are listed below and more information on short interest is here.
C...
7 hours ago — Zacks.com: Analyst Blog
PMI Group Inc's (PMI) 3Q08 reported net loss from continuing operations of $149.3 million or $1.83 per diluted share was much better-than-expectations due to lower-than-expected incurred losses. PMI also lowered its 2008 outlook for U.S. paid claims.
However, net premiums written were do...