Monday, April 23, 2012

DailyMarkets.com - Earnings Preview: Interpublic Group

DailyMarkets.com - Earnings Preview: Interpublic Group

Earnings Preview: Interpublic Group

Posted: 23 Apr 2012 09:53 AM PDT

The Interpublic Group of Companies, Inc. (IPG) will report its first-quarter 2012 earnings on Thursday, April 26, 2012.
The current Zacks Consensus Estimate for loss per share is 10 cents, representing an annualized decline of 4.29%.  
With respect to earnings surprises, over the trailing four quarters, IPG outperformed the Zacks Consensus Estimate in three quarters, while underperformed in one. The average earnings surprise was 22.43%, implying that the company has outperformed the Zacks … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Xerox Posts Flat Profits

Posted: 23 Apr 2012 09:53 AM PDT

Xerox Corporation (NYSE:XRX) reported a flat profit of 23 cents per share in the first quarter of 2012 compared with the same quarter of 2011 (all excluding special items). However, earnings per share exceeded the Zacks Consensus Estimate by a penny and were in line with the company's own guidance. In absolute terms, profits declined 4.5% to $319 million in the quarter from $334 million in the first quarter of 2011 (all excluding special items).
Revenues in the quarter grew modestly by 1% (2% in … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Earnings Preview: Host Hotels

Posted: 23 Apr 2012 09:38 AM PDT

Host Hotels & Resorts Inc (HST), a real estate investment trust (REIT), is scheduled to report its first quarter 2012 earnings on April 25, 2012. The current Zacks Consensus Estimate for the first quarter is pegged at 13 cents per share, representing a year-over-year growth of about 17.7%.
Fourth Quarter Recap
Host Hotels reported fourth quarter 2011 FFO (funds from operations) of $233 million or 31 cents per share, compared with $187 million or 26 cents per share in the year-earlier … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

AstraZeneca To Buy Ardea Biosciences

Posted: 23 Apr 2012 09:28 AM PDT

AstraZeneca plc (NYSE:AZN) announced that it has entered into an agreement to acquire Ardea Biosciences, Inc. (NASDAQ:RDEA) for a consolidated cash value of approximately $1.26 billion or $32 per share. Both AstraZeneca and Ardea's boards have unanimously supported the deal. The deal is expected to close in second or third quarter of 2012, subject to certain regulatory conditions, which includes approval by Ardea's shareholders.
Ardea, headquartered in San Diego, CA, is a biotech company. The … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Sears To Return 3 Canadian Stores

Posted: 23 Apr 2012 09:18 AM PDT

Sears Canada Inc., an arm of Sears Holdings Corporation (NASDAQ:SHLD), which continues to face a cash crunch, heaved a sigh of relief by closing a deal to return its three stores in Canada to the real estate developer and landlord, The Cadillac Fairview Corporation Limited.
The deal will generate pretax income of $170 million to Sears Canada. The three Sears stores are located at the Rideau Centre in Ottawa, Chinook Centre in suburban Calgary and the Pacific Centre in downtown Vancouver, all owned … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

GD In One-Year Defense Contract

Posted: 23 Apr 2012 09:13 AM PDT

General Dynamics One Source, a unit of General Dynamics Corporation (NYSE:GD), has received a one-year contract from the Defense Information Systems Agency ("DISA") to support the Services Directorate Enterprise Data Center Enterprise Backup, Mainframe and Server Services Program of U.S. Army Information Technology Agency ("USAITA"). The contract with one option year is worth $20.2 million if all options are exercised.
General Dynamics Information Technology, General Dynamics Advanced … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Robust 1Q For Canadian Pacific

Posted: 23 Apr 2012 09:13 AM PDT

Canadian Pacific Railway Limited's (NYSE:CP) earnings per share of 82 Canadian cents (approximately 81.8 cents) for the first quarter of 2012 surpassed the Zacks Consensus Estimate by almost a penny. Earnings per share registered a whopping 310% increase from 20 Canadian cents earned in the year-ago quarter. The outperformance was led by strong revenue growth and operating results. 
Revenues increased 18.3% year over year to C$1.376 billion (approximately $1.367 billion) and breezed passed … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Robust 1Q For Canadian Pacific

Posted: 23 Apr 2012 09:13 AM PDT

Canadian Pacific Railway Limited's (NYSE:CP) earnings per share of 82 Canadian cents (approximately 81.8 cents) for the first quarter of 2012 surpassed the Zacks Consensus Estimate by almost a penny. Earnings per share registered a whopping 310% increase from 20 Canadian cents earned in the year-ago quarter. The outperformance was led by strong revenue growth and operating results. 
Revenues increased 18.3% year over year to C$1.376 billion (approximately $1.367 billion) and breezed passed … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Get Beyond The Outrage.

Posted: 23 Apr 2012 09:04 AM PDT

Under Armour Beats Zacks Estimates

Posted: 23 Apr 2012 08:58 AM PDT

Under Armour, Inc. (NYSE:UA), one of the leading developers, marketers and distributors of branded sports apparel, footwear and accessories, recently posted better-than-expected first-quarter 2012 results. The company outdid expectations on the back of new and innovative products introduced to enhance market share.
The quarterly earnings of 28 cents a share beat the Zacks Consensus Estimate of 24 cents, and jumped from 23 cents earned in the prior-year quarter. Under Armour's net revenue came in … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Itron Stays Neutral

Posted: 23 Apr 2012 08:53 AM PDT

We reiterate our Neutral recommendation on Itron Inc.(NASDAQ:ITRI), one of the principal technology providers to the energy and water industries worldwide. The company produces electricity, gas, water, and heat meters, data collection and utility software solutions along with various other associated metering products for residential, commercial and industrial (C&I), and transmission and distribution (T&D) customers.
Itron released its fourth quarter and fiscal 2011 financial results on … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Microchip Buys Roving Networks

Posted: 23 Apr 2012 08:38 AM PDT

Last week, Microchip Technology Inc. (NASDAQ:MCHP) announced its decision to acquire Bluetooth and Wi-Fi modules and solutions provider, Roving Networks. Purchase price and other details have been rendered confidential by the company; however, Microchip declared that earnings of Roving Networks shall appear immediately in its accounts on a non-GAAP basis.
As per this contract, Roving Networks shall be allowed to continue its operations from Los Gatos, California. Furthermore, the company will … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Earnings Preview: Praxair Inc.

Posted: 23 Apr 2012 08:28 AM PDT

Industrial gas supplier, Praxair Inc. (NYSE:PX) is slated to release its financial results for the first quarter of 2012 on Wednesday, April 25. The current Zacks Consensus Estimate for first quarter is $1.36, representing a year-over-year growth of 5.59%.
With respect to earnings surprises over the trailing four quarters, Praxair outperformed the Zacks Consensus Estimate in three quarters and underperformed in one. Average earnings surprise came in at a positive 0.57%, implying that the company … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Earnings Preview: McGraw-Hill

Posted: 23 Apr 2012 08:19 AM PDT

The McGraw-Hill Companies Inc. (NYSE:MHP), a publisher and provider of financial information and media services, is slated to report its first-quarter 2012 financial results on April 24. The current Zacks Consensus Estimate for the quarter stands at 49 cents per share, indicating an estimated increase of 25.6% from the prior-year quarter's earnings. Revenue, as per the Zacks Consensus Estimate, is $1,315 million.
Fourth-Quarter 2011, a Synopsis
McGraw-Hill's fourth quarter earnings of 63 cents … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Gold Price Will Continue Higher As Rate Of New Discoveries Decreases

Posted: 23 Apr 2012 08:17 AM PDT

The gold and silver market is consolidating and may be forming the right
shoulder of a reverse head and shoulders pattern. The European Debt Crisis
appears to be escalating once again.

This may be very bullish for precious metals and mining shares as they represent safe havens. For many weeks we have been calling for a rotation from overbought equities into precious metals and miners, especially the juniors.
Junior mining stocks are at record oversold levels, rarely seen by … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
at

No comments:

Post a Comment