Company News for August 11, 2010 - Corporate Summary

• National Securities initiated coverage of NeoStem NBS with a "buy" rating and a $3 price target

• WD-40 WDFC offered upside fiscal 2010 guidance for fully diluted share earnings matching or topping prior guidance $2.05-$2.14

• Macy's M beat estimates with second quarter earnings of 35 cents a share, a 6-cent beat, on revenues of $5.54 billion, ahead of Zacks projections of $5.5 billion. The firm raised its fiscal 2010 guidance from $1.75-$1.80 to $1.85-$1.90, with sales expected to grow 4-4.2%

• A preliminary US government investigation of Toyota TM found no evidence of electronic throttle control system defects, rather driver error

• Disney DIS beat estimates with fiscal third quarter earnings of 67 cents a share, versus 51 cents a year ago and Zacks estimates of 58 cents, on $10 billion in revenues, up 16% from last year, and ahead of consensus estimates of $9.39 billion


 
DISNEY WALT (DIS): Free Stock Analysis Report
 
MACYS INC (M): Free Stock Analysis Report
 
NEOSTEM INC (NBS): Free Stock Analysis Report
 
TOYOTA MOTOR CP (TM): Free Stock Analysis Report
 
WD 40 CO (WDFC): Free Stock Analysis Report
 
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