Zacks.com News Feed

Forest Misses on Lower Sales - Analyst Blog

Zacks Equity Research — Fri, 06 Nov 2009 18:43:43 EST

We remain concerned about Forest Oil's debt-heavy balance sheet as well as its weak production and reserve growth profile.

EOG Resources Remains Neutral - Analyst Blog

Zacks Equity Research — Fri, 06 Nov 2009 18:42:07 EST

We see EOG as a core holding in the large-cap E&P space. However, its natural gas weighted assets currently is a concern.

Red Robin Fails to Lure Diners - Analyst Blog

Zacks Equity Research — Fri, 06 Nov 2009 18:29:17 EST

Red Robin Gourmet Burgers (RRGB) recently reported third-quarter earnings of 37 cents per share that missed the Zacks Consensus Estimate by a penny.

CBS Tops Zacks Estimate - Analyst Blog

Zacks Equity Research — Fri, 06 Nov 2009 18:28:02 EST

CBS Corporation (CBS) recently reported better-than-expected third-quarter 2009 results.

OGE Energy Tops Expectations - Analyst Blog

Zacks Equity Research — Fri, 06 Nov 2009 17:24:35 EST

OGE Energy Corp. (OGE) reported third quarter earnings per share of $1.40, beating the Zacks Consensus estimate of $1.34.

Raising Moody's Estimates - Analyst Blog

Zacks Equity Research — Fri, 06 Nov 2009 17:09:22 EST

We are raising our estimates for Moody's Corp. (MCO) for the fourth quarter of fiscal 2009 and full year of fiscal 2010 due to continued resurgence in the company's results.

Grupo Televisa Reports Mixed Results - Analyst Blog

Zacks Equity Research — Fri, 06 Nov 2009 17:00:00 EST

Grupo Televisa S.A. (TV), the largest media company in Mexico, reported mixed financial results for the third quarter 2009.

VeriSign Beats Forecast - Analyst Blog

Zacks Equity Research — Fri, 06 Nov 2009 16:55:00 EST

VeriSign, Inc. (VRSN) recently reported revenues of $258 million from continuing operations in the third quarter of 2009.

IGT Beats, but Earnings Down - Analyst Blog

Zacks Equity Research — Fri, 06 Nov 2009 16:54:36 EST

International Game Technology (IGT) reported adjusted earnings of 19 cents per share in the fourth quarter of 2009, beating the Zacks Consensus Estimate by 3 cents.

Avnet Tops Estimates - Analyst Blog

Zacks Equity Research — Fri, 06 Nov 2009 16:46:54 EST

Avnet's (AVT) earnings per share of 44 cents easily beat the Zacks Consensus Estimate of 34 cents.

Dynegy Sunk on Charges - Analyst Blog

Zacks Equity Research — Fri, 06 Nov 2009 16:39:29 EST

Dynegy Inc. (DYN) reported a net loss of $212 million, or 25 cents per share, compared to a net income of $605 million, or 72 cents per share in the year-ago quarter.

Good Returns Come in Small Capitalizations

Bill Wilton — Fri, 06 Nov 2009 16:35:05 EST

Why do small caps outperform? And why should you consider putting even more of your money into these stocks?

Patterson Net Falls, but Beats View - Analyst Blog

Zacks Equity Research — Fri, 06 Nov 2009 16:24:43 EST

Patterson-UTI reported a narrower-than-expected third-quarter loss of 12 cents per share, compared to the Zacks Consensus Estimate for a 16 cents-loss.

Edison Pushes Past Estimate - Analyst Blog

Zacks Equity Research — Fri, 06 Nov 2009 16:15:06 EST

Edison's (EIX) adjusted EPS of $1.09 in the third quarter of fiscal 2009 pushed past the Zacks Consensus Estimate of $1.05 by 4 cents.

ABMD Loss Narrower than Expected - Analyst Blog

Zacks Equity Research — Fri, 06 Nov 2009 16:09:18 EST

Abiomed's second-quarter loss of 14 cents per share was better than the Zacks Consensus Estimate of a loss of 21 cents.

Scripps Networks Beats In Q3 - Analyst Blog

Zacks Equity Research — Fri, 06 Nov 2009 15:57:35 EST

Scripps Networks Interactive (SNI) reported better-than-expected third-quarter 2009 financial results.

Millipore Falls Short of Ests - Analyst Blog

Zacks Equity Research — Fri, 06 Nov 2009 15:54:44 EST

Millipore's third-quarter earnings per share of 71 cents was below the Zacks Consensus Estimate of 93 cents per share.

JDS Posts Wider-Than-Expected Loss - Analyst Blog

Zacks Equity Research — Fri, 06 Nov 2009 15:42:48 EST

JDS's first-quarter loss of 15 cents per share was wider than the Zacks Consensus Estimate of loss of 4 cents per share.

Symmetry Disappoints, Lowers Outlook - Analyst Blog

Zacks Equity Research — Fri, 06 Nov 2009 15:30:01 EST

Symmetry's third-quarter earnings per share of 15 cents came in a penny shy of the Zacks Consensus Estimate.

Disappointing Quarter for Sunoco - Analyst Blog

Zacks Equity Research — Fri, 06 Nov 2009 15:13:41 EST

SUN reported weaker-than-expected third quarter results as its refining and chemicals operations slipped in the red.

WU Renews Agreement with PSBC - Analyst Blog

Zacks Equity Research — Fri, 06 Nov 2009 15:00:38 EST

WU renews agreement with PSBC to provide Western Union Money Transfer services in China.

US Cellular Dragged Down by Low Sales - Analyst Blog

Zacks Equity Research — Fri, 06 Nov 2009 14:50:00 EST

U.S. Cellular (USM) reported disappointing third-quarter 2009 results with earnings per share of 41 cents, below the Zacks Consensus.

Celera Posts Break-Even Earnings - Analyst Blog

Zacks Equity Research — Fri, 06 Nov 2009 14:45:37 EST

Celera reported break-even earnings in the third-quarter, compared to the Zacks Consensus Estimate of a loss of 6 cents.

More on Unemployment Duration - Analyst Blog

Dirk van Dijk — Fri, 06 Nov 2009 14:44:25 EST

It will be very hard to sustain the surprisingly strong growth we have seen in recent months if we don't start to see some improvement in the employment picture.

TDS' 3Q Profit Plummets - Analyst Blog

Zacks Equity Research — Fri, 06 Nov 2009 14:43:00 EST

Telephone and Data Systems (TDS) announced third-quarter 2009 earnings per share of 33 cents, which fell behind the Zacks Consensus Estimate

Ambac Loss Wider than Expected - Analyst Blog

Zacks Equity Research — Fri, 06 Nov 2009 14:31:41 EST

Ambac's third-quarter loss of $2.35 per share was wider than the Zacks Consensus Estimate of a loss of $1.22 per share.

Zumiez Enters Oversold Territory - Zacks Tale of the Tape

Abhijit Ghosh — Fri, 06 Nov 2009 14:21:21 EST

Zumiez Enters Oversold Territory

Bearish MACD for Clean Harbors - Zacks Tale of the Tape

Abhijit Ghosh — Fri, 06 Nov 2009 14:20:19 EST

Bearish MACD for Clean Harbors

Amerisafe Beats on Lower Cost - Analyst Blog

Zacks Equity Research — Fri, 06 Nov 2009 14:17:42 EST

Amerisafe's third-quarter earnings of 74 cents per share came in ahead of the Zacks Consensus Estimate of 54 cents.

Genomic Health Q3 Loss Narrows - Analyst Blog

Zacks Equity Research — Fri, 06 Nov 2009 14:04:49 EST

Genomic Health's third quarter loss of 2 cents per share was better than the Zacks Consensus Estimate of a loss of 9 cents.

Myriad Misses by a Penny - Analyst Blog

Zacks Equity Research — Fri, 06 Nov 2009 13:53:27 EST

Myriad's first-quarter earnings of 31 cents per share was a penny behind the Zacks Consensus Estimate.

Evergreen Loss Narrows - Analyst Blog

Zacks Equity Research — Fri, 06 Nov 2009 13:40:19 EST

Evergreen reported third-quarter loss per share of 6 cents, narrower than the Zacks Consensus Estimate of a loss 8 cents.

Andersons Well Behind Ests - Analyst Blog

Zacks Equity Research — Fri, 06 Nov 2009 13:29:00 EST

Andersons' third-quarter earnings of 7 cents per share was well below the Zacks Consensus Estimate of 39 cents.

Dr Pepper Reports Strong Earnings - Analyst Blog

Zacks Equity Research — Fri, 06 Nov 2009 13:14:59 EST

Dr Pepper reported third-quarter earnings of 59 cents per share, compared to 41 cents in the year-earlier quarter.

Public Storage Revenues Dip - Analyst Blog

Zacks Equity Research — Fri, 06 Nov 2009 13:00:31 EST

Public Storage reported a decline in total revenues for the third quarter to $412.9 million.

Raven Acts on its Growth Plans - Analyst Blog

Zacks Equity Research — Fri, 06 Nov 2009 12:45:11 EST

The acquisition of Ranchview, Inc is in-line with Raven's plans of increasing its market share in precision agriculture.

Group 1 Automotive's Profit Improves - Analyst Blog

Zacks Equity Research — Fri, 06 Nov 2009 12:30:33 EST

Group 1 Automotive revealed a profit of $16.8 million in the third quarter, an improvement from $8.2 million in the same quarter of the previous year.

Weak Employment Report - Analyst Blog

Dirk van Dijk — Fri, 06 Nov 2009 12:27:38 EST

We are making some progress, but it is not nearly fast enough.

BOK Financial Beats - Analyst Blog

Zacks Equity Research — Fri, 06 Nov 2009 12:15:37 EST

Third-quarter earnings of 75 cents per share were 7 cents ahead of the Zacks Consensus Estimate

Medivation Lags Expectations - Analyst Blog

Zacks Equity Research — Fri, 06 Nov 2009 12:01:57 EST

Medivation Inc. has reported a net loss of 42 cents per share in the third quarter of 2009, exceeding the Zacks Consensus Estimate of a net loss of 39 cents.

MoneyGram Rewards Reaches Canada - Analyst Blog

Zacks Equity Research — Fri, 06 Nov 2009 11:47:56 EST

MoneyGram International Inc. has announced the expansion of MoneyGram Rewards into Canada, a loyalty program that offers members fee discounts, receive notices, and fast and convenient money transfers.

Spectra Surpasses Zacks Estimate - Analyst Blog

Zacks Equity Research — Fri, 06 Nov 2009 11:31:37 EST

Spectra Energy Corporation has reported its third quarter results of 30 cents per share, compared to the Zacks Consensus Estimate of 28 cents.

Universal Health Enters Oversold Territory - Zacks Tale of the Tape

Abhijit Ghosh — Fri, 06 Nov 2009 11:20:56 EST

Universal Health Enters Oversold Territory

Statoil Slips, but Volumes up - Analyst Blog

Zacks Equity Research — Fri, 06 Nov 2009 11:17:48 EST

Statoil ASA has reported its third quarter results of 38 cents per share, compared to the Zacks Consensus Estimate of 40 cents and in line with the year-earlier quarter earnings.

Bearish MACD for Allete - Zacks Tale of the Tape

Abhijit Ghosh — Fri, 06 Nov 2009 11:14:58 EST

Bearish MACD for Allete

Nasdaq OMX Reports In-Line - Analyst Blog

Zacks Equity Research — Fri, 06 Nov 2009 11:01:05 EST

Nasdaq OMX Group Inc. has swung to a GAAP net income of $60 million or 28 cents per share compared to $69 million or 33 cents in the prior quarter and $58 million or 27 cents in the year-ago period.

Zacks Releases Four Powerful ''Buy'' Stocks: Odyssey HealthCare, Inc., Nu Skin Enterprises, HealthSouth Corp. and Steve Madden Limited - Press Releases

Abhishek Sarkar — Fri, 06 Nov 2009 11:00:17 EST

Zacks Releases Four Powerful ''Buy'' Stocks: Odyssey HealthCare, Inc., Nu Skin Enterprises, HealthSouth Corp. and Steve Madden Limited

CenturyLink Outperforms - Analyst Blog

Zacks Equity Research — Fri, 06 Nov 2009 10:45:00 EST

CenturyLink beats the Zacks Consensus Estimate of 81 cents per share.

Lamar Hurt by Economic Situation - Analyst Blog

Zacks Equity Research — Fri, 06 Nov 2009 10:30:00 EST

Lamar Advertising reports decent operating results but is hurt by the recession.

Goldcorp's Profit Doubled - Analyst Blog

Zacks Equity Research — Fri, 06 Nov 2009 10:15:00 EST

Steve Madden Limited - Value - Zacks Rank Buy

Tracey Ryniec — Fri, 06 Nov 2009 00:00:00 EST

Record quarterly sales boosted third quarter results.

Odyssey Healthcare Inc. - Aggressive Growth - Zacks Rank Buy

Bill Wilton — Fri, 06 Nov 2009 00:00:00 EST

Odyssey as beat the Street once again and the Zacks Consensus Estimate is spiking.

Canon, Inc. (CAJ) - Bear of the Day

Ian T. Gilson — Fri, 06 Nov 2009 00:00:00 EST

We believe the sharp appreciation of the yen is eroding Canon's (CAJ) revenue and profits. The company expects to improve profitability through product launches and cost-cutting efforts, and Canon has maintained its revenue and earnings forecast even though the third quarter was below expectations.

We expect revenue in 2009 to be hurt by weak consumer spending and the poor global economy, and believe the company will struggle to meet expectations in fiscal 2010. We maintain our estimates for the full year 2009. 2011 estimates have been added.

We also maintain our Underperform recommendation on CAJ shares, but increased our six-month target price to $30.00.

Earnings Season Winding Down - Earnings Preview

Dirk Van Dijk — Fri, 06 Nov 2009 00:00:00 EST

There will be far less data, both economic and earnings, coming out next week than this week.

Nu Skin Enterprises - Growth And Income - Zacks Rank Buy

Alex Kolb — Fri, 06 Nov 2009 00:00:00 EST

Nu Skin Enterprises is seeing record results and higher estimates.

One stock just hit a new 52-week while the other jumped more than 30% in one day, both on strong earnings results. - Charting Zacks Elite Stocks

Michael Vodicka — Fri, 06 Nov 2009 00:00:00 EST

Visa, Inc. and Fuel Systems Solutions Inc.

Acorda Therapeutics (ACOR) - Bull of the Day

Jason Napodano — Fri, 06 Nov 2009 00:00:00 EST

Acorda Therapeutics (ACOR) is one of the more interesting biotechnology companies under our coverage. The company's key pipeline drug, Fampridine-SR, is currently under U.S. FDA review, with a decision expected in late January 2010.

Outside the U.S., Acorda has partnered with Biogen Idec under very favorable terms. Fampridine-SR has blockbuster potential worldwide in our view. Plus, the company is extremely well-capitalized with over $290 million in cash, and management has commercial experience with current approved product Zanaflex.

These are among the best fundamentals in all of biotech. We reiterate our Outperform rating on the stock.

HealthSouth Corp. - Momentum - Zacks Rank Buy

Michael Vodicka — Fri, 06 Nov 2009 00:00:00 EST

This healthcare services provider has surprised in each of the last four quarters.

Out-of-Step Industries - Zacks Industry Rank Analysis

Dirk Van Dijk — Thu, 05 Nov 2009 00:00:00 EST

Some of the most interesting investments are companies moving in different directions from their much larger sector.

Top Performer for Thurs: Big 5 Sporting Goods (BGFV) - Zacks #1 Rank Top Performers

James Giaquinto — Thu, 05 Nov 2009 00:00:00 EST

Shares of Big 5 Sporting Goods Corp. (BGFV) are up approximately 10%, making it a top-performing Zacks #1 Rank stock.

Perrigo Company - Growth And Income - Zacks Rank Buy

Alex Kolb — Thu, 05 Nov 2009 00:00:00 EST

Perrigo is seeing bullish forecasts after delivering a record quarter.

Corp. Executive Board (EXBD) - Bear of the Day

Sean P. Smith — Thu, 05 Nov 2009 00:00:00 EST

We maintain our Underperform rating on shares of The Corporate Executive Board (EXBD). While Q3 EPS beat expectations, the company continues to experience deterioration in key operating metrics, including contract value.

Given the current operating pressures, along with ongoing concerns regarding a slowing economy, we believe the shares should trade at a discount to the peer group average. As such, we anticipate that the company's shares should underperform the market in the near-term.

Alternative Energy - Industry Outlook

Zacks Equity Research — Thu, 05 Nov 2009 00:00:00 EST

Earlier this year, quite a few alternative energy companies were in the trough. These companies have recovered from their lows.

TeleTech Holdings, Inc - Aggressive Growth - Zacks Rank Buy

Bill Wilton — Thu, 05 Nov 2009 00:00:00 EST

This outsourcing specialist just beat expectations and the stock is soaring.

DeVry, Inc. - Momentum - Zacks Rank Buy

Michael Vodicka — Thu, 05 Nov 2009 00:00:00 EST

This private educational provider grew its revenue 42% from last year in its most recent quarterly results.