Tag: eps

FedEx (FDX): Still Set to Deliver?

Filed in Bank Gold, EPS, euro, Guidance, o, ubs by on February 16, 2011 0 Comments
FedEx (FDX): Still Set to Deliver?

Filed under: Newsletters , FedEx Corp (FDX) , Stocks to Buy “It’s not too often that a company lowers its guidance and the stock rises, but such is the case with FedEx ( FDX ),” says Geoffrey Seiler . The editor of BullMarket .com explains, “The company cut its fiscal Q3 guidance; but given the terrible weather, which impacted a number of airports across the U.S. and Europe, and higher fuel costs, it was largely expected. “The package delivery firm now expects to produce adjusted EPS of 70-90 cents, down from prior guidance of 95 cents to $1.15. Analysts were expecting EPS of $1.04 for the quarter. Continue reading FedEx (FDX): Still Set to Deliver? FedEx (FDX): Still Set to Deliver? originally appeared on BloggingStocks on Wed, 16 Feb 2011 10:30:00 EST. Please see our terms for use of feeds . Permalink | Email this | Comments

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Zillow: Home Values Lose Another $2 Trillion

Filed in BP, economy, EPS, Gold, GOld juniors, Gold Market, housing-market, Lear, o, revenue by on February 9, 2011 0 Comments
Zillow: Home Values Lose Another $2 Trillion

Anybody that thinks housing has reached a bottom needs to have their head examined. If you doubt that just ask the fine folks at Beazer Homes (NYSE:BZH) who reported a loss of $48.8 million, or 66 cents a share, down more than 200% from a $48 million, or $1.17 per share, income a year earlier. That dismal effort came on revenue that plummeted 48% to $110.3 million from $213.1 million just a year earlier. Meanwhile the spring is really not looking that much better. Beazer reported a total of 527 home closings and 540 new orders during the period, down 43.6% and down 23.9% respectively. Of course, that what happens Uncle Sam steps out of the mix with tax goodies and rebates—the market falls apart. Because the truth is despite historically low interest rates, the demand for homes of all types remains at exceptionally low levels. That’s true no matter what Lawrence Yun says. The end result is falling prices and more borrowers left underwater…. From Bloomberg by John Gittleson entitled: Home-Price Drop Leaves 27% of U.S. Owners Underwater on Loans “ The number of U.S. homes worth less than their outstanding mortgage jumped in the fourth quarter as prices fell and lenders seized fewer properties from delinquent borrowers, according to Zillow Inc. About 15.7 million homeowners had negative equity, also known as being underwater, at the end of the year, up from 13.9 million in the previous three months, the Seattle-based real estate information company said in a report today. The total represented 27 percent of mortgaged single-family homes, the highest in Zillow data dating to the first quarter of 2009. Home prices are declining as foreclosed properties sell at discounts and unemployment at 9 percent limits buyer demand. Values will fall as much as 5 percent this year, putting more homeowners underwater, before finding a floor as the economy improves, said Stan Humphries, Zillow’s chief economist. “ These seem like fairly grim numbers,” Humphries said in a telephone interview. “We’re still expecting a bottom in home values later this year. And this, if anything, makes me a bit more confident because I’m seeing very large corrections now, which means the market can start to repair itself.” The median value for a U.S. single-family home was $175,200 in the fourth quarter, down 2.6 percent from the end of September and 5.9 percent from a year earlier, according to Zillow. Values have fallen 27 percent from the June 2006 peak. Las Vegas led the nation in …

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All That Jazz (JAZZ): Biotech Targets Narcolepsy, OCD and Anxiety

Filed in Bank Gold, EPS, o, revenue, target by on February 8, 2011 0 Comments
All That Jazz (JAZZ): Biotech Targets Narcolepsy, OCD and Anxiety

Filed under: Newsletters , Stocks to Buy “The visible growth story at Jazz Pharmaceuticals ( JAZZ ) is the narcolepsy treatment Xyrem, which accounts for 85% of revenues,” says growth stock specialist Mike Cintolo . The editor of Cabot Top Ten Weekly Report explains, “But Jazz has great potential to make big money with other drugs too-all of which focus on the chemistry of the brain. “Thanks to patents, Jazz has a decade to run with Xyrem before generic competitors can enter the market. Meanwhile, its drugs have potential to treat and/or cure obsessive-compulsive disorders, anxiety disorders, fibromyalgia, epilepsy and restless leg syndrome. Continue reading All That Jazz (JAZZ): Biotech Targets Narcolepsy, OCD and Anxiety All That Jazz (JAZZ): Biotech Targets Narcolepsy, OCD and Anxiety originally appeared on BloggingStocks on Tue, 08 Feb 2011 11:00:00 EST. Please see our terms for use of feeds . Permalink | Email this | Comments

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Kellogg Upgraded to “Outperform” at Wells Fargo (K)

Cereal maker Kellogg Company ( K ) on Friday saw its rating and price target boosted on Friday by analysts at Wells Fargo. The firm said it upgraded K from “Market Perform” to “Outperform,” while boosting its valuation range from $51-$53 to $58-$60. That new target implies up to a 14% upside to the stock’s Thursday closing price of $52.52. A Wells analyst commented, “We expect Kellogg’s shares to appreciate as earnings surprise to the upside driven by a faster-than-expected recovery in its core N.A. retail cereal business. Kellogg enters 2011 with a 25% increase in new products versus 2009-2010 levels, increased investment in its supply chain, easy comparisons and list price increases already implemented to help cover surging input costs…our 2011E EPS to $3.50 from $3.40 (versus $3.46 consensus) and our 2012 estimate from $3.75 to $3.85 (versus $3.79 consensus) as a result.” Kellogg shares posted modest gains in premarket trading Friday. The Bottom Line We have been recommending shares of Kellogg ( K ) since Nov.3, 2010, when the stock was trading at $49.69. The company has a 3.08% dividend yield, based on last night’s closing stock price of $52.52. Kellogg Company ( K ) is a “Recommended” dividend stock, holding a Dividend.com DARS™ Rating of 3.5 out of 5 stars. Be sure to visit our complete recommended list of the Best Dividend Stocks , as well as a detailed explanation of our ratings system here .

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Avery Dennison Beats on Revs – Analyst Blog

Filed in AIG, BP, EPS, Gold Investing, o, silver by on February 2, 2011 0 Comments

Avery Dennison reported 4Q10 adjusted EPS of 98 cents, matching the Zacks Consensus Estimate.

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CBS Upgraded to “Buy” at Deutsche Bank (CBS)

Filed in CBS, dividend, earnings, EPS, G 20, Gold, Gold Bullion prices, o, shares, target, upgrade by on January 31, 2011 0 Comments

Mass media giant CBS Corporation ( CBS ) on Monday saw its rating, price target, and earnings estimates all boosted by analysts at Deutsche Bank. The firm said it upgraded CBS from “Hold” to “Buy” while lifting its price target from $18 to $23. That new target implies a 19% upside to the stock’s Friday closing price of $19.28. A Deutsche analyst commented, “CBS’s shares have had a terrific two years given the company’s high exposure to advertising and high financial leverage at the trough (3.5x). Nevertheless, from here we see 19% upside to $23, worthy of a Buy rating. We believe the street is too low relative to strong 1H11 ad pacings, the CBS Network should see 10% upfront CPM gains, margin efforts are kicking in, int’l syndication is growing > 10%, and M&A risk is reduced given the large buyback plan. Stock at 8.6x ’11E FCF and 7.0E ’12E, too low, in our view.” Continuing, “After reviewing 2011 by qtr, we are raising our EBITDA estimate by $91m to $2.791b (+17% yoy), EPS by $0.07 to $1.51 (+37% yoy, and vs. street’s $1.38) and FCF by $219m to $1.504b (-17% yoy). Our FCF/share estimate is now $2.24 for ’11E, growing to $2.74 in ’12E, $2.92 in 13E, and $3.42 in ’14E.” CBS shares were mostly flat in premarket trading Monday. The Bottom Line Shares of CBS Corporation ( CBS ) have a 1.04% dividend yield, based on Friday’s closing stock price of $19.28. The stock has technical support in the $16-$17 price area. If the shares can continue to firm up, we see overhead resistance around the $22-$23 price levels. CBS Corporation ( CBS ) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.4 out of 5 stars. Be sure to visit our complete recommended list of the Best Dividend Stocks , as well as a detailed explanation of our ratings system here .

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Molex Incorporated (NASDAQ:MOLX) Shows Some Upside Strength, but Limited

Filed in EPS, Gold Bullion prices, Molex, o, silver, Ticonderoga Securities by on January 26, 2011 0 Comments

Molex Incorporated (NASDAQ:MOLX) looks to be operating inline with estimates, but according to Ticonderoga, does have some upside strength, although it will be limited in their view.Ticonderoga says, “Looking into 3QFY11, Molex expects sales of $850-$890 million compared and pro forma EPS of $0.39 to $0.43 (Street at $0.40). At the mid-point of the outlook, sales are expected to decline by 3.5% Q

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Ventura Lawsuit: TSA Pat-Downs Classify as ‘Unlawful Sexual Abuse’

Filed in Cisco, EPS, Gold, o, target, Travelers, ubs by on January 25, 2011 0 Comments
Ventura Lawsuit: TSA Pat-Downs Classify as ‘Unlawful Sexual Abuse’

Aaron Dykes Infowars.com January 25, 2011 Former Minnesota Governor Jesse Ventura is suing the TSA and Homeland Security for humiliating and ‘offensive’ pat-down procedures he’s been subjected to during airport security checks that included ‘warrantless, non-suspicion-based offensive touching, gripping and rubbing of the genital and other sensitive areas of his body.’ Ventura, who had a hip replacement procedure in 2008, says he was unduly targeted due to his disability. His lawsuit , filed yesterday in Minnesota, claims the pat-downs violated his privacy, his 4th Amendment right and legally meet ‘the definition for an unlawful sexual assault’.” Alex Jones, who traveled with Ventura last September during the production of his “Conspiracy Theory” TV show over the course of multiple flights, witnessed the former governor being groped and inappropriately touched in a pat-down procedure that Ventura faces everytime he travels. “That’s why I want to leave the United States,” Ventura had told Jones at the time. “This is why I go down to Mexico– this is wrong.” But Jones says Ventura was even more upset everytime he witnessed some old man in a wheelchair harassed or manhandled by the TSA, without any basis for suspecting them. That’s when Ventura first revealed his thoughts of suing the TSA. In November, Ventura went on the Alex Jones Show and vowed never to fly commercially again until TSA reversed its policies. Part of Ventura’s suit includes a complaint about violations of the Americans with Disabilities Act , whereby he says TSA has unduly selected numerous disabled passengers for secondary screening and potential harassment without cause. Ventura, who travels frequently for his job hosting a TruTV program when he isn’t in Mexico, further commented that he would ‘no longer be forced by the TSA to prove he is not a criminal or terrorist.’ Ventura lamented on Jones’ program. “It probably means an end to my career,” referring to his difficulties with air travel. He’s not alone, as representatives from the travel, airline and tourism industry have already met with Big Sis to lobby DHS to back off of the enhanced pat-downs that caused a traveler backlash in the fall and what they say are more than 41 million travelers who ‘avoided’ flights and didn’t spend an estimated $9 billion in travel sales. (ARTICLE CONTINUES BELOW) Ventura’s attorney, David Olsen, told KSTP in Minnesota “The security procedures are going too far. There’s a line somewhere and he believes that line has been crossed.” Steve Wagstaffe, then D.A.-elect, now current D.A. of San Mateo County, California, stated in November 2010 that he and his deputies would be patrolling San Francisco International Airport for possible violations by TSA staff and would prosecute any employees engaged in “lewd and lascivious behavior” while conducting pat-downs. He further noted that groping of travelers’ genitals, even if backed by TSA policy, amounted to a felony offense. The TSA recently settled with an Amarillo, Texas woman whose breasts were exposed by TSA employees who then laughed at the matter. Stock up with Fresh Food that lasts with eFoodsDirect Jesse Ventura is reportedly working with the press from Mexico and should be appearing on the Alex Jones Show in the near future.

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Procter & Gamble Started as an “Outperform” at Wells Fargo (PG)

Consumer products maker The Procter & Gamble Company ( PG ) on Thursday saw its coverage initiated with an “Outperform” rating by analysts at Wells Fargo. The firm also set a $70-73 valuation range on the stock, which implies a 7% to 12% upside to the stock’s Wednesday closing price of $65.35. A Wells Fargo analyst commented, “Our positive view within our Market Weight Household and Personal Care sector rating is based on (1) P&G’s industry leading R&D investments, (2) penetration acceleration in developing and emerging (D&E) markets (i.e., more relative runway vs. competitors), and (3) leveraging both scale and financial strength to grow earnings. Near-term gross margin should be restrained by rising input costs. Long-term gross/op margin expansion should be driven by ongoing cost savings initiatives, improving business/product mix, and leveraging distribution expansion…Our FY ’11/’12 EPS estimates of $3.98/$4.39.” Procter & Gamble shares were mostly flat in premarket trading Thursday. The Bottom Line We have been recommending shares of Procter & Gamble ( PG ) since Sept.1, 2009, when the stock was trading at $54.11. The company has a 2.95% dividend yield, based on last night’s closing stock price of $65.35. The Procter & Gamble Company ( PG ) is a “Recommended” dividend stock, holding a Dividend.com DARS™ Rating of 3.5 out of 5 stars. Be sure to visit our complete recommended list of the Best Dividend Stocks , as well as a detailed explanation of our ratings system here .

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QLogic Raises 3Q Outlook – Analyst Blog

Filed in BP, EPS, Gold Investing, Guidance, o, revenue by on January 14, 2011 0 Comments

QLogic expects 3Q revenue to come in at the high end of its previously projected guidance and raised its EPS outlook on income tax benefits.

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Lululemon Ups Outlook – Analyst Blog

Filed in BP, EPS, Gold Investing, Guidance, o, silver by on January 14, 2011 0 Comments

Lululemon Athletica Inc., in a scheduled update to its business outlook for the fourth quarter of fiscal 2010, has revised its EPS guidance.

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ConocoPhillips (NYSE:COP) EPS Estimates Adjusted on Chemical Earnings from Chevron (NSYE:CVX) Venture

Filed in barclays, Chevron, Conoco, earnings, EPS, Gold Bullion prices, o by on January 13, 2011 0 Comments

EPS estimates for ConocoPhillips (NYSE:COP) were adjusted by Barclays (NYSE:BCS), based on the chemical earnings from the venture with Chevron (NYSE:CVX).Barclays says, “We are fine-tuning our EPS estimates for ConocoPhillips following our revision of the chemical earnings from the 50/50/ joint venture between Chevron (NYSE:CVX) and COP. We lower our 4Q10 EPS estimates for COP to $1.32 from $1.33

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