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Tuesday April 29, 2008 — Zacks.com: Analyst Blog
Shares of Navigant Consulting, Inc. (NCI) are trading at 22x our 2008 EPS estimate and at a 25% premium to the peer group average. Although we are encouraged by signs of stability and improvement within the Q1 results, we remain cautious. Despite the better-than-anticipated results in Q1,...
Tuesday April 29, 2008 — SchaeffersResearch
Wm. Wrigley Jr.
(WWY:
sentiment,
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options)
shares leaped to a new annual high today after Mars Inc. stated it plans to acquire the chewing gum company. The deal is valued at $23 billion in cash, or $80 per share marking a 28% premium to WWY's Friday closing price. Followin...
Tuesday April 29, 2008 — Zacks.com: Analyst Blog
We are reiterating our Sell recommendation on Telmex (TMX). First quarter 2008 results were lower than expected. As a result, we are changing our 2008 and 2009 estimates.
Moreover, the Mexican domestic growth has also stalled. Expansion in other Latin American regions, particularly Braz...
Tuesday April 29, 2008 — Fingad.com
ACM-Infosys award for Koller - by dreamdamodarInfosys Technologies and ACM announced that Daphne Koller, a professor at Stanford University, has been awarded the first-ever ACM-Infosys foundation award in computing sciences. Koller, 39, is being recognized for her innovative approach to Artificial...
Tuesday April 29, 2008 — Fingad.com
IndiaMCX Market Updates 29th April 2008 - by IndiaMCXH! Friends, Today is Major FED Decision on Interest Rate. Now Chances of Rate Cut is Very Less in This Quarter FED May Be Hike The Interest Rate; If This Happen Than Gold Can Crash Like Anything.4rm Past 3 Day's Gold Closing is Below 100 Day's ...
Tuesday April 29, 2008 — Zacks.com: Analyst Blog
Ingram Micro Inc.âs (IM) first quarter sales were $246 million below our estimate, and its EPS were $0.01 below our estimate. The lower-than-expected results were due to continued weakness in North America and Europe. Also, management's EPS guidance for the second quarter was in-line wit...
Tuesday April 29, 2008 — Todd Sullivan's - ValuePlays
UpgradesBrookfield Infrastructure (BIP)- BMO Capital Markets Market Perform » Outperform STEC Inc (STEC)- B. Riley & Co Neutral » Buy Cray (CRAY)- Northland Securities Market Perform » Outperform MCG Capital (MCGC)- BMO Capital Markets Underperform » Market Perform National City ...
Tuesday April 29, 2008 — Zacks.com: Analyst Blog
Xilinx, Inc. (XLNX) recently reported Q1:FY08 revenues of $475.7 million, in line with our estimate of $476 million. Gross margin improved to 63.4% from 62.1% in Q1 2007 and 63.3% in Q4:FY07 due to efficiencies in manufacturing and continuous yield improvements in 99-nanometer and 65-nano...
Tuesday April 29, 2008 — SchaeffersResearch
Radware
(RDWR:
sentiment,
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options)
slumped to a new annual low of $9 per share today after the company reported a wider-than-expected first-quarter loss of 32 cents per share. In total, the company lost $8.3 million for the quarter (42 cents per share on an unadjusted b...
Tuesday April 29, 2008 — Todd Sullivan's - ValuePlays
How can you have a "public nuisance" when the nuisance itself is virtually eradicated? That must be the question Sherwin Williams (SHW), NL Industires(NL) and the other defendants must be shaking their heads asking themselves. Jane Genova reports:"Actually, as LEGAL NEWSLINE's John O'Brien notes, ...
Tuesday April 29, 2008 — Zacks.com: Analyst Blog
We maintain our Buy rating for Starwood Hotels and Resorts Worldwide (HOT) following the release of strong Q1 financial results. We consider the companyâs significant exposure to international markets to be a positive attribute that should help Starwood to weather the economic downturn i...
Monday April 28, 2008 — SchaeffersResearch
Shares of Big Lots
(BIG:
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are more than 3% higher after J.P. Morgan raised its rating on the stock from "neutral" to "overweight," with the broker citing the stock's reasonable valuation and a stabilization in same-store sales figures. Charles Grom stated...
Monday April 28, 2008 — Zacks.com: Analyst Blog
Celera Group, formerly Celera Genomics Group (CRA), is one of the two business segments of Applera Corporation. It has significant capabilities and expertise in proteomics, bioinformatics and genomics.
Celera divested its small molecule drug programs in the fourth quarter of fiscal 2006...
Monday April 28, 2008 — SchaeffersResearch
Another Monday, another look at what bloggers think about the upcoming week by checking in with the Ticker Sense blogger sentiment poll. To recap from a week ago, 48% of the bloggers surveyed were bullish about the week, 24% were neutral, and 28% were bearish. How did the week end? With slight ...
Monday April 28, 2008 — Zacks.com: Analyst Blog
We are keeping our current Buy recommendation on Brasil Telecom Participações S.A. (BRP). The company posted better-than-expected results in the first quarter of 2008, and the short-term outlook remains positive. The company also has solid cash flow, decent operating margins in the wire...
Monday April 28, 2008 — Fingad.com
ICICI Bank Results FY 08 Performance - by NarasimhanICICI Bank announced its results for the year ended FY 08 on the March 31, 08 recently. The profits were up at Rs. 41.58 Billion, an increase of over 39% on the past year profits of Rs. 31.1 Billion. The increases in net interest income and fee i...
Monday April 28, 2008 — SchaeffersResearch
We are an hour and a half into the session and here's what I see...
Click here for symbol descriptions
We have a mostly quiet start to the day as the S&P 500 (SPX) and Dow Jones Industrial Average (DJIA) mull around breakeven. A look to the sector action shows most groups are quiet to...
Monday April 28, 2008 — Zacks.com: Analyst Blog
Hittite Microwave (HITT) is a leader in integrated circuits, modules and subsystems for wireless communications. The company has a broad product portfolio across a large portion of the frequency spectrum, including radio frequency (RF), microwave and millimeterwave. Hittite is poised to g...
Monday April 28, 2008 — Zacks.com: Analyst Blog
We maintain our Sell rating on shares of The Corporate Executive Board Company (EXBD) following the release of Q1 results. Although Q1 results exceeded expectations, the majority of the upside was attributable to timing issues, and we note that management left its full-year earnings guida...
Monday April 28, 2008 — Zacks.com: Analyst Blog
The Goodyear Tire Rubber Company (GT) is one of the largest tire manufacturing companies worldwide. Goodyear Tire is benefiting from a major restructuring program along with lower raw material costs and improved selling prices. However, weak tire volumes compel us to rate the shares a Ho...
Monday April 28, 2008 — SchaeffersResearch
Before the open this morning, Verizon Communications
(VZ:
sentiment,
chart,
options)
announced first-quarter earnings of $1.64 billion, or 57 cents per share, while revenue increased 5.5% to $23.8 billion. Excluding items, earnings were 61 cents per share, matching the consensus e...
Monday April 28, 2008 — Zacks.com: Analyst Blog
ZymoGenetics, Inc. (ZGEN) is a biopharmaceutical company focused on the discovery, development and commercialization of therapeutic proteins for the prevention or treatment of human diseases. Recent approval of rhThrombin by the FDA and the clinical progress made by the company will drive...
Monday April 28, 2008 — SchaeffersResearch
This morning, Blockbuster
(BBI:
sentiment,
chart,
options)
announced plans to sell video games and game accessories and hardware in all U.S. stores the company owns. Furthermore, BBI is expanding its inventory of game hardware and rental titles and will be offering a variety of s...
Monday April 28, 2008 — Fingad.com
Credit Policy from RBI FY 08-09 - by Narasimhan Reserve Bank of India is expected to announce credit policy today, April 29th, 2008. This is to be viewed in the backdrop of recent hike in Cash reserve ratio it has announced. The unabated rise in prices is the prime concern. Central bank has given...
Monday April 28, 2008 — SchaeffersResearch
Here are some of the contenders for today's biggest...news...of...the...day...
Better-than-expected earnings from Sohu.com Inc (SOHU)...
Kirk Kerkorian's purchase of Ford Motor (F) shares...
The resignations of both E-Trade Financial Corp's (ETFC) chief financial officer and the comp...