Dear Subscriber,
There will be 170 companies reporting this week. Within this group are S&P 500 members Brown-Foreman Corporation (BF.B), The Kroger Co. (KR), National Semiconductor Corporation (NSM), Pall Corporation (PLL) and Staples, Inc. (SPLS).
Key economic data will include February retail sales (Thursday) and March consumer confidence (Friday).
Read about the week’s events and learn which companies could surprise in Earnings Preview.
Wishing you prosperity,
Charles Rotblut, CFA
Senior Market Analyst & Editor,
Profit From the Pros
Today's Top Stories: Monday- March 09, 2009
ZACKS RANK BUY STOCKS
- Aggressive Growth - Sohu.com, Inc. (SOHU) beat Wall Street estimates once again when it reported fourth-quarter earnings of $1.35, well above the consensus of $1.16. The 16% surprise is the company's seventh consecutive surprise.
Read More...
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Growth & Income - Becton, Dickinson and Company (BDX) has seen bullish forecasts from Wall Street. Analysts are projecting earnings of $4.92 per share for the fiscal year ending September 2009, an increase of 5 cents over the past 2 months. The company exceeded analysts’ estimates over the past 4 consecutive quarters by an average of 5.4%. Read More...
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Momentum - Family Dollar Stores, Inc. (FDO) sales were up 8.7% from last year to $2 billion. Pro-forma earnings are expected to be between 59 and 61 cents per share, safely ahead of the consensus estimate of 50 cents. Read More...
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Value - Zhongpin Inc. (HOGS) expects revenue in the range of $780 million to $810 million with strong revenue growth due to new markets and the company's new frozen pork facility. Full-year earnings are expected in the range of $1.50 to $1.63 per share. Read More...
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Regards and Happy Investing,
Charles Rotblut, CFA
Senior Market Analyst
Zacks.com
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