Tag: year-over

Bon-Ton’s November Sales Up – Analyst Blog

Filed in BP, Gold Investing, Gold Prices, o, silver by on December 8, 2010 0 Comments

Bon-Ton reported total sales of $319.1 million for the month of November 2010, up 2.7% year over year.

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US Electricity Demand Up 2.3% Last Week–EEI

Filed in Gold Investing, silver by on September 15, 2010 0 Comments

The Edison Electric Institute tracks US electricity demand on a weekly basis. Today it reported that last week electricity demand was up 2.3% year over year. Total usage was 76,813 gigawatt-hours of electricity in the week ended Sept 11. Four of the ni…

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CoreLogic: Home Prices Flat In July

Filed in Gold Investing by on September 15, 2010 0 Comments

CoreLogic released its home price index whichremainedflat inJuly on a year over year basis. It is important to keep in mind that this index uses a 3 month average (May, June, July) in computing pricesso it is slow in catching ma…

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ITEX Corp. (ITEX) Reports Growth in Net Income in Third Fiscal Quarter

Filed in Gold Prices by on June 9, 2010 0 Comments

ITEX Corp. reported net income of $269,000, or $0.08 per share, in the third quarter of fiscal 2010, which ended 4/30/2010. The company reported net income of $224,000, or $0.06 per share, in the same fiscal quarter of last year. ITEX Corporation also reported year over year growth in sales in the third quarter

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Cherokee Inc. (CHKE) Reports 2010 First Quarter Net Income

Filed in Gold Investing, Gold Prices, silver by on June 4, 2010 0 Comments

Cherokee Inc. reported net income of $2.9 million, or $0.33 per diluted share, in the first quarter of 2010. The company earned $3.8 million, or $0.43 per diluted share, in the corresponding quarter in 2009. Cherokee Inc. said that royalty revenues also fell on a year over year basis, from $8.9 million in the first

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Progressive Disappoints – Analyst Blog

Filed in Debt, earnings, Gold Investing, lead, ubs by on May 21, 2010 0 Comments

Progressive Corporation’s ( PGR ) net income for April 2010 came in at $111.1 million, down 4% from $116.2 million recorded in the comparable year-ago period. Income for the reported month was also down by 12% from $126.3 million reported in March 2010. However, earnings per share remained flat compared with the year-ago month at 17 cents. This compares unfavorably with earnings of 19 cents per share reported in March 2010. Higher expenses primary resulted in lower earnings for the reported month. The company, which reports results on a monthly basis, recorded a net premium written of $1,473.7 million, up 4% from $1,414.5 million in April 2009 and 23.6% from $1,192.6 million in March 2010. Net premiums earned were $1,374.5 million, up 4% from $1,322.2 million in the year-ago period and 21.1% from $1,092.1 million in the prior month. Net realized gains on securities were $8.0 million, up from $2.6 million in the prior-year period and down from $27 million in March 2010. However, the combined ratio, which reflects the percentage of premiums paid out as claims and expenses, deteriorated slightly to 90.7% from 89.2% recorded in the year-ago period and 88.2% in the preceding month. During April, policies-in-force (PIF) remained healthy, with Personal Auto increasing 7% year over year and 0.8% from the last month and Special Lines increasing 3% year over year and 1.5% in the preceding month. In Personal Auto, Direct Auto continued to report a double-digit growth of 15% year over year but showed a slight improvement of 1.2% in PIF from the last month. Agency Auto was up 2% year over year and 0.5% from last month. However, Progressive’s Commercial Auto business continued to be a drag on results, reporting a 3% decline as a result of the economic downturn. Total expense for the reported month increased to $1,261.3 million, up 5.7% from $1,193.5 million in April 2009. Major components contributing to the increase in total expense were losses and loss adjustment expenses increasing 3.8% year over year to $947.7 million, policy acquisition costs increasing 1.0% year over year to $129.8 million and other underwriting expenses increasing a substantial 22.9% year over year to $169.0 million. Progressive continues to actively manage its capital position and return back wealth to its shareholders

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Vantage Drilling Company (VTG) Reports Higher Net Income in First Quarter of 2010

Filed in Gold Prices by on May 11, 2010 0 Comments

Vantage Drilling Company reported net income of $6.0 million, or $0.03 per diluted share, in the first quarter of 2010. The company earned net income of $2.4 million, or $0.03 per diluted share, in the same quarter of 2009. Although net income for Vantage Drilling Company more than doubled on a year over

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RealNetworks, Inc. (RNWK) Reports Higher Net Income In First Quarter Of 2010

Filed in Gold Investing by on May 7, 2010 0 Comments

RealNetworks, Inc. reported net income of $3.2 million, or $0.05 per share, in the first quarter of 2010. The company lost $12.1 million, or ($0.12) per share, in the same quarter of 2009. Despite the rise in net income on a year over year basis, RealNetworks, Inc. saw a drop in revenue over the

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Rogers Communications Beats – Analyst Blog

Filed in Debt, Gold Investing, shares, ubs by on April 28, 2010 0 Comments

Rogers Communications Inc. ( RCI ) declared solid financial results for the first quarter 2010. Quarterly net income was $380 million or 64 cents per share compared to a net income of $309 million or 49 cents per share in the year-ago quarter. However, first quarter adjusted (excluding special items) EPS of 66 cents was significantly above the Zacks Consensus Estimate of 54 cents. This reflects the aggressive cost cutting measures taken by management during 2009.  Quarterly total revenue was $2,887 million, up 5% year over year. This is also better than the Zacks Consensus Estimate of $2,773 million. This was primarily due to an increase in sales for all the three segments, particularly massive growth of the Wireless Data revenue.  Management has streamlined the operating cost structure to improve efficiency. Quarterly operating profit was $1,122 million, up 4% year over year. During the reported quarter, the company repurchased 9 million Class B Non-Voting shares for total consideration of $302 million and paid dividends on its common shares totaling $175 million.  During the first quarter 2010, Rogers generated $853 million of cash from operations compared to $688 million in the year-ago quarter. Free cash flow during the same quarter was $487 million, compared to $329 million during the year-ago quarter.  At the end of the first quarter 2010, Rogers had $771 million of cash and marketable securities on its balances sheet, compared to $930 million at the end of fiscal 2009. Total outstanding debt, at the end of the first quarter 2010 was $8,267 million, compared to $8,464 million at the end of fiscal 2009.  Wireless Segment   Quarterly revenue was $1,662 million, up 8% year over year. Postpaid revenue was $1,515 million, up 8% year-over-year and Prepaid revenue was $66 million, down 1% year-over-year. Equipment sales were $81 million, up 14% year over year.   Quarterly operating profit for the whole segment was $816 million, up 13% year over year. Operating margin was 49.1% in the reported quarter compared to 46.6% in the year-ago quarter. In the first quarter, wireless Data revenue was $415 million, up 40% year over year. Wireless Data revenue represented around 26% of total wireless network revenue compared to 20% in the prior-year quarter.  During the first quarter, wireless segment activated approximately 348,000 smartphones. Most of those are either iPhone 3G, BlackBerry or Andriod-based handsets. At the end of the reported quarter, Postpaid retail subscribers’ base was around 7.026 million, up 7.2% year-over-year. Smartphone customers now constituted 33% of overall Postpaid subscribers compared to 23% in the year-ago quarter. Prepaid subscribers’ base was around 1.481 million, up 1.4% year-over-year.  Cable Segment  Quarterly revenue of $997 million was up 3% year over year. Basic cable operations revenue was $789 million, up 6% year-over-year. RBS revenue was $133 million, up 4% year over year. Rogers Retail revenue was $89 million, down 13% year over year. Quarterly operating profit for the whole segment was $335 million, down 3% year over year. Operating margin was 33.6% in the reported quarter compared to 35.6% in the year-ago quarter.  At the end of the reported quarter, Cable TV subscribers’ base was around 2.296 million, down 0.7% year-over-year. Internet subscribers’ base was 1.636 million, up 3.4% year over year. …

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Barrett Business Services, Inc. (BBSI) Reports Higher Revenues in First Quarter of 2010

Filed in Gold Investing, silver by on April 28, 2010 0 Comments

Barrett Business Services, Inc. reported a net loss in the first quarter of 2010 of $1.7 million, or $0.16 per diluted share. The company lost $3.2 million, or $0.30 per share, in the same quarter last year. Barrett Business Services, Inc. said that net revenues increased on a year over year basis, from

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ICICI Bank’s Profit Increases – Analyst Blog

Filed in Gold Investing, quarterly-results, silver by on April 26, 2010 0 Comments

ICICI Bank Limited ( IBN ) reported 2010 fiscal fourth quarter and full fiscal year (ended March 31) last week. For the fourth quarter, profit increased 35% year over year to INR10.06 billion (US$224 million). For full fiscal year 2010, ICICI Bank reported a profit of INR40.25 billion (US$896 million), up 7% year over year. Quarterly results were primarily driven by an increase in fee income, a drop in loss provisions and reduced operating expenses. Asset quality showed signs of improvement while capital levels remained good. ICICI Bank reported an improvement in asset quality. Net non-performing assets were down 11.7% sequentially and 15.5% year over year to INR39.01 billion (US$869 million) as of March 31, 2010. The bank’s net non-performing asset ratio was at 1.87%, down 32 basis points sequentially. In addition, there was a 1% sequential and 9% year-over-year decrease in the provision for losses to INR9.9 billion (US$220 million). Net interest income decreased approximately 5% year over year to INR20.35 billion (US$453 million). Fee income increased 13% year over year to INR15.21 billion (US$339 million). The company reported a decrease in both its loan book and total deposits. The loan book was down to INR1812.06 billion (US$40.4 billion) as of Mar 31, 2010 from INR 2,183.11 billion (US$48.6 billion) as of Mar 31, 2009, reflecting repayments from the retail loan portfolio and the loan portfolio of overseas branches. Total deposits were down to INR2,020.17 billion (US$45.0 billion) as of Mar 31, 2010, compared with INR2,183.48 billion (US$48.6 billion) as of Mar 31, 2009. However, ICICI Bank has reported growth in current and savings account (CASA) deposits and an increase in CASA ratio. CASA deposits grew 34% year over year to INR842.16 billion (US$18.8 billion) as of Mar 31, 2010. The CASA ratio increased to 41.7% as of Mar 31, 2010 from 28.7% as of Mar 31, 2009. Operating expenses were well controlled and reported a decrease of 6% year-over year to INR15.04 billion (US$335 million). As of Mar 31, 2010, ICICI Bank’s capital adequacy as per the Reserve Bank of India’s Basel II norms was 19.4% and Tier-1 capital adequacy was 14.0%, well above the requirements of 9.0% and 6.0%, respectively. Read the full analyst report on “IBN” Zacks Investment Research

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The “Political Process” Is A Gold Bug's Best Ally | Stock Market …

Filed in Australian Gold, Gold, US Dollar by on March 2, 2010 0 Comments

Their negative line of thinking remains current even after nine consecutive years where gold bullion , valued in US dollars, has experienced year over year price gains. Stated another way, over those years the gold price has risen about …

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