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815 Resources for

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Delphi Financial: Pushing Ahead Despite the Recession: Zacks.com submits: Delphi Financial Group DFG third quarter operating income of $1.00 per share was ahead of the Zacks Consensus Estimate of 87 cents per share. Last year, the company had reported earnings of 26 cents per share. Growth in operating earnings was driven by improved investment performance...; Tags: Financial, Zacks.com, Delphi Financial Group Inc.; External links 2009-11-06
Watsco: A Compelling Play on HVAC/R Industry Outlook: Zacks.com submits: Watsco, Inc. ([[WSO]] - Analyst Report) has increased its market share significantly through acquisitions. Since 1989, the company has acquired around 53 HVAC/R businesses. Despite the economic slowdown, Watsco continues to actively seek acquisition opportunities to allow further penetration into existing markets and expand into new...; Tags: US Market, Zacks.com, Watsco Inc.; External links 2009-09-28
Commercial Real Estate Boom Not Before Early Next Decade: Zacks.com submits: According to a report published by Jones Lang LaSalle Incorporated (JLL), a leading real estate investment trust (REIT), the U.S. commercial real estate CRE market boom is likely to occur early in the next decade at the earliest. During the second quarter of 2009, CRE sales...; Tags: US Market, Zacks.com, Jones Lang LaSalle Inc.; External links 2009-09-25
SEC Charges BofA for Merrill Bonuses: Zacks.com submits: The US Securities and Exchange Commission SEC will aggressively pursue a trial against Bank of America Corp. BAC for allegedly misleading investors during the acquisition of Merrill Lynch & Co. late last year. The SEC accused BofA of failing to disclose to shareholders that it had...; Tags: Financial, Zacks.com, Bank of America Corp.; External links 2009-09-24
IBM Downgraded on Limited Revenue Growth Potential: Zacks.com submits: We downgrade International Business Machines IBM to Neutral from Outperform to reflect near-term risks to the company’s top-line growth and valuation. We believe that IBM’s long-term revenue growth potential is limited and remain cautious on currency fluctuation, which is taking a toll on sales and may...; Tags: Hardware, Zacks.com, IBM Corp.; External links 2009-09-24

E*Trade Completes Stock Offering: Zacks.com submits: E*Trade Financial Corp. ETFC Thursday completed a previously announced at-the-market common stock offering worth $150 million. The company sold approximately 80.2 million shares at an average price of $1.87 per share. The offering resulted in proceeds of $147 million, net of commissions and offering expenses. In...; Tags: Internet, Zacks.com, E*Trade Financial Corp.; External links 2009-09-24
UDR Receives Fannie Mae Credit: Zacks.com submits: Real Estate Investment Trust UDR Inc. UDR recently obtained a $200 million secured credit facility originated by Red Mortgage Capital Inc., a premier Fannie Mae FNM lender. The credit facility is collateralized by five geographically diverse properties, permits collateral substitutions and is non-recourse in nature. UDR...; Tags: US Market, Zacks.com, Fannie Mae, UDR Inc.; External links 2009-09-24
Rio Sells Iron Mines to Vale: Zacks.com submits: Early this week, Vale VALE acquired Corumbá iron ore mining operations from Rio Tinto Plc RTP for $750 million in cash. It was the part of a larger transaction that included the sale of a potash project and certain exploration assets in Canada. The potash deal...; Tags: Materials & Industrials, Zacks.com; External links 2009-09-24
AAR Corp. Reports Weak Results on Soft Commercial Demand: Zacks.com submits: Wednesday, after market closed, AAR Corporation (AIR - Analyst Report) posted discouraging results for the first quarter of FY2010 results. Revenue was $341.5 million, down from $359.9 million in the year ago quarter. Net income of $10.2 million was also down from $15.0 million in the...; Tags: Transport, Zacks.com, AAR Corp.; External links 2009-09-24
King Pharmaceuticals Launches Recently Approved Pain Med: Zacks.com submits: Earlier this week, King Pharmaceuticals, Inc. KG announced the launch of Embeda, which recently received U.S. Food and Drug Administration (FDA) approval for the management of moderate to severe pain when a continuous, around-the-clock opioid analgesic is needed for an extended period of time. Embeda,...; Tags: Healthcare, Zacks.com, King Pharmaceuticals Inc.; External links 2009-09-24
Sonoco Goes Green with True Blue: Zacks.com submits: This week, Sonoco Products Co. SON announced the official launch of True Blue, a new umbrella brand for solutions and recycling services that have met stringent sustainability requirements. To qualify for the Sonoco True Blue program, the company says that a package must offer an advantage...; Tags: Materials & Industrials, Zacks.com, Sonoco Products Co.; External links 2009-09-24
Cintas Earnings Beat Estimates: Zacks.com submits: Wednesday, Cintas Corp. CTAS declared first quarter fiscal 2010 financial results. Quarterly revenue of $891.6 million declined 11% year-over-year but was up 1.5% sequentially. The yearly decline in revenue was primarily due to an extremely challenging economic environment that resulted in massive job cuts in almost...; Tags: Retail, Zacks.com, Cintas Corp.; External links 2009-09-24
Toyota Offloads Financial Arm: Zacks.com submits: Toyota Motor TM plans to sell its entire stake in Toyota Financial Services Securities Corp. to Tokai Tokyo Financial Holdings in January next year. This will enable the company to focus solely on its automobile operations. Ahead of the stock sale, the brokerage unit will acquire...; Tags: Transport, Zacks.com, Toyota Motor Corp.; External links 2009-09-27
Cogo: Module Design Wins Should Drive Growth: Zacks.com submits: Cogo Group, Inc. COGO announced a series of module design wins within multiple Smartphone and Smartbook products on both Windows Mobile and Android platforms. The company's initial wins include blue chip Chinese handset vendors such as Huawei and ZTE, and it expects to secure contracts with...; Tags: Gadgets, China, Zacks.com, Comtech Group Inc.; External links 2009-09-27
KB Homes: Housing Remains in Transition: Zacks.com submits: KB Homes, Inc. KBH, the fifth largest U.S. homebuilder, continues to be cautious about the housing market even as net orders improved and its cancellation rate dropped compared to a year ago. The company reported third quarter results that missed on the Zacks Consensus Estimate...; Tags: US Market, Zacks.com, KB HOME; External links 2009-09-27
Staying Neutral on Entergy as Spinoff Is Delayed: Zacks.com submits: Entergy Corp.’s (ETR - Analyst Report) proposed spin-off of its Non-utility Nuclear power business has been relegated to fiscal 2010. Recently, the New York Public Service Commission’s two administrative law judges in a ruling stated their apprehension regarding the new company having the financial viability to...; Tags: Utility, Zacks.com, Entergy Corp.; External links 2009-09-28
Dendreon Investors Counting on FDA Approval of Provenge: Zacks.com submits: Dendreon Corporation (DNDN - Analyst Report) is likely to become the first company to receive approval from the U.S. Food and Drug Administration (FDA) for an anti-cancer, immunotherapy based vaccine, as it released phase III IMPACT Immunotherapy for Prostrate AdenoCarcinoma Treatment trial results for its key...; Tags: Biotech, Healthcare, Zacks.com, Dendreon Corp.; External links 2009-09-28
Waiting for New Novartis HBP Drug: Zacks.com submits: Novartis NVS is expected to launch its high blood pressure drug Valturna shortly after the recent US Food and Drug Administration approval. The drug is a single-pill combination of Diovan valsartan, an angiotensin receptor blocker and Tekturna aliskiren, the only approved direct renin inhibitor. We believe...; Tags: Healthcare, Zacks.com, Merck & Co. Inc., Novartis AG; External links 2009-09-28
Noble Lacks Near-Term Catalysts: Zacks.com submits: Texas-based Noble Energy NBL is an independent oil and gas exploration and production (E&P) company with high-grade hydrocarbon assets across the U.S. and several international locations. Noble's U.S. onshore assets provide stable performance, while the offshore assets in the deepwater Gulf of Mexico offer significant growth...; Tags: Energy, Zacks.com, Noble Energy Inc.; External links 2009-09-28
Aeropostale Boosts Guidance: Zacks.com submits: Aeropostale Inc. ARO – a specialty retailer of casual apparel and accessories, targeting young women, men and children – recently raised its earnings guidance for the third quarter of 2009. The company now expects EPS in the range of 78 cents to 80 cents, compared to...; Tags: Retail, Zacks.com, Aeropostale Inc.; External links 2009-09-28