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ANALYST BLOG ARCHIVE

State Street: Earnings Scorecard - State Street's second quarter was in line with the Zacks Consensus Estimate, but share price has plummeted and estimate revision has been slightly negative.

on July 30, 2010

GM Shutters Plant in Canada - The Canadian arm of General Motors has decided to shut down its last remaining transmission plant in Windsor, Ontario, throwing nearly 500 employees out of their jobs.

on July 30, 2010

IBM Acquires Storwize - IBM has announced to acquire Storwize, a privately held company, for an undisclosed sum. The acquisition is expected to boost IBM's storage capacity.

on July 30, 2010

American Electric Power Soars - AEP eclipsed the Zacks Consensus Estimate in the second quarter and also advanced from the year-ago quarterly EPS of 68 cents.

on July 30, 2010

BorgWarner Beats, Ups Outlook - BWA showed a profit of 78 cents per share (before special items) in the second quarter of the year, ahead of the Zacks Consensus Estimate of 67 cents per share.

on July 30, 2010

ITT Beats on Lower Revenue - The company reported earnings per share from continuing operation of $1.22, which increased 12% year over year and was above the Zacks Consensus Estimate of $1.07.

on July 30, 2010

McAfee Meets Zacks Consensus - MFE reported Q2 earnings per share of 46 cents, in line with the Zacks Consensus Estimate.

on July 30, 2010

Stanley Acquires CRC-Evans - Stanley Black & Decker (SWK) announced the acquisition of CRC-Evans International for roughly $445 million in a cash transaction from a consortium of investors led by Natural Gas Partners, a private equity firm.

on July 30, 2010

Gen-Probe Leaps Ahead of Forecast - GPRO announced fiscal Q2 adjusted earnings of 52 cents per share, exceeding the Zacks Consensus Estimate of 49 cents and the year-ago earnings of 45 cents.

on July 30, 2010

Quality Systems Posts Mixed Bag - QSII reported first-quarter fiscal 2011 adjusted (excluding one-time items) earnings per share of 42 cents, lower than the Zacks Consensus Estimate of 47 cents but higher that the year-ago figure of 36 cents.

on July 30, 2010

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