DailyMarkets.com - Cosi 3Q10 Same Store Sales Rise
DailyMarkets.com - Cosi 3Q10 Same Store Sales Rise |
- Cosi 3Q10 Same Store Sales Rise
- Forest Labs: Earnings Preview
- Encouraging Data On Sanofi MS Drug
- Earnings Preview: St. Jude
- Onshore Activity Boosts Halliburton
- IGT Downgraded To Underperform
- Earnings Preview: Stryker
- Earnings Preview: Nokia Corp.
- Earnings Preview Blog: CA Inc.
- MDT Advances With Its Valve Program
- Henry Schein To Acquire Provet
- Is The U.S. Manipulating Dollar To Boost Exports?
- Dollar Pares Gains, Euro Rebounds
- Ford To Cut Mazda Stake
- Misconceptions In The Great Bond Bubble Debate
- The Perfect Storm
| Cosi 3Q10 Same Store Sales Rise Posted: 18 Oct 2010 12:05 PM PDT Cosi Inc. (NASDAQ:COSI), a premium casual dining restaurant chain, reported its third quarter 2010 sales results. Total revenue, which comprises company-operated restaurant sales and franchise fees and royalties, dipped 9.7% year over year to $27.1 million in the quarter.
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| Posted: 18 Oct 2010 12:05 PM PDT Forest Labs (NYSE:FRX) is set to announce its second quarter fiscal 2011 results on October 19. The Zacks Consensus Estimate is 93 cents, representing a year-over-year decline of 4.1%.
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| Encouraging Data On Sanofi MS Drug Posted: 18 Oct 2010 12:05 PM PDT French pharmaceutical company, Sanofi-Aventis (NYSE:SNY) recently presented encouraging results on its multiple sclerosis (MS) candidate, teriflunomide. Results from a phase III randomized, double-blind, placebo-controlled study (TEMSO) showed that teriflunomide helped reduce annualized relapse rates by 31% compared to placebo.
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| Posted: 18 Oct 2010 11:45 AM PDT Medical devices giant St. Jude Medical (NYSE:STJ) is scheduled to report its third-quarter fiscal 2010 results before the market opens on Wednesday, October 20, 2010. In its second-quarter commentary, the company stated that it expects to post third-quarter earnings per share between 67 cents and 69 cents. Besides, based on the encouraging second-quarter results, it lifted earnings guidance for fiscal 2010 to $2.86-$2.91 from $2.80-$2.85.
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| Onshore Activity Boosts Halliburton Posted: 18 Oct 2010 11:35 AM PDT Major oilfield services provider Halliburton Co. (HAL) reported better-than-anticipated third-quarter 2010 results. This was helped by the strength and sustainability of the all-important North American onshore activity levels (to which the company is heavily exposed through its market-share-leading pressure-pumping business).
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| IGT Downgraded To Underperform Posted: 18 Oct 2010 11:35 AM PDT We have downgraded International Game Technology Inc. (NYSE:IGT) to Underperform from our previous Neutral rating since replacements of gaming machines are likely to remain weak over the next year. We lower our price target to $13.00, indicating that the company would perform below the broader market.
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| Posted: 18 Oct 2010 11:35 AM PDT Orthopedic devices major Stryker Corporation (NYSE:SYK) is slated to release its third-quarter fiscal 2010 results on Tuesday, October 19, 2010. Although the company has not released any official guidance for the third quarter, it envisages foreign currency exchange to drag net sales by 1% to 2% in the quarter. Despite concerns over its Orthopedic unit, Stryker remains confident about meeting its sales expectation for fiscal 2010.
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| Posted: 18 Oct 2010 11:35 AM PDT Nokia Corp.(NYSE:NOK) is trying a lot to establish itself as the market leader in the global smartphone segment. These include replacement of CEO, business restructuring, and introduction of new smartphones. However, the company is still unable to launch the product which will seize the market. Nokia will declare its third quarter 2010 financial results before opening bell on October 21, 2010.
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| Earnings Preview Blog: CA Inc. Posted: 18 Oct 2010 11:05 AM PDT CA Inc. (NASDAQ:CA) is scheduled to announce its second quarter 2011 results on October 21, 2010, after market close, and we do not see too much variation in analyst estimates at this point.
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| MDT Advances With Its Valve Program Posted: 18 Oct 2010 11:05 AM PDT Medtronic (NYSE:MDT), one of the largest medical devices companies, has received conditional approval from the US Food and Drug Administration (FDA) for studying its CoreValve system for transcatheter aortic valve implantation (TAVI). The device is meant for patients suffering from symptomatic, severe aortic stenosis who are too weak to undergo open-heart surgery. The CoreValve system has been implanted in more than 12,000 patients outside the US since it received CE Mark approval in March … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Henry Schein To Acquire Provet Posted: 18 Oct 2010 11:05 AM PDT Henry Schein (NASDAQ:HSIC) has decided to acquire Australia based Provet Holdings for approximately $91 million. Provet is the largest veterinary products distributor in Australia having $278 million in revenues for the fiscal year ended in June 2010. While the deal is expected to be neutral to 2011 EPS, it is expected to have a positive impact of 2-3 cents in 2012. The transaction is expected to close by the year-end.
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| Is The U.S. Manipulating Dollar To Boost Exports? Posted: 18 Oct 2010 10:57 AM PDT From today’s WSJ article “Dollar’s Slide Opens Doors to U.S. Companies”: “The slumping U.S. dollar is opening new sales opportunities abroad for American manufacturers… Many U.S. companies—from coal miners to a producer of tugboat clutches—are seeing stronger demand in Europe and Asia as the weak dollar makes U.S. goods cheaper there. Economists say the dollar’s swoon, which started in mid-September following a summer rally, will provide a modest boost for U.S. exports, but … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Dollar Pares Gains, Euro Rebounds Posted: 18 Oct 2010 10:48 AM PDT 10/18/10 The US dollar pared early gains following mixed economic data and growing speculaiton the Fe will ease its monetary … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Posted: 18 Oct 2010 10:35 AM PDT Ford Motor Co. (NYSE:F) is likely to sell most of its remaining stake in Japan's Mazda Motor Corp. from 13% to less than 3% by the end of this year. According to an undisclosed source, Sumitomo Mitsui Bank – Mazda's main creditor – and other Japanese business partners of Mazda are in talks to buy the shares.
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| Misconceptions In The Great Bond Bubble Debate Posted: 18 Oct 2010 10:08 AM PDT Great article by Robert Huebscher of http://advisorperspectives.com. Reprinted with permission.
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| Posted: 18 Oct 2010 09:28 AM PDT It's a perfect storm. And I'm not talking about the impending dangers facing Democrats. I'm talking about the dangers facing our democracy. The top one-tenth of one percent of Americans now earn as much as the bottom 120 million of us. Who are these people? With the exception of a few … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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