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BorgWarner Reports EPS of $1.00 vs. $0.96 Estimate; Revenues $1.73B vs. $1.63B Estimate (BWA)
Thursday, April 28, 2011 - 8:01am | 21BorgWarner (NYSE: BWA) Reports EPS of $1.00 vs. $0.96 Estimate; Revenues $1.73B vs. $1.63B Estimate
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Hudson Securities Maintains Neutral Rating On SPAR, $7 PT
Wednesday, April 27, 2011 - 9:49am | 106Hudson Securities has issued a report reiterating a Neutral Rating and $7 Price Target on Spartan Motors (NASDAQ: SPAR) following the 1Q11 results. The report states, "First, margins for Delivery and Service “are not where they need to be” according to management implying issues unrelated to...
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Standard Motor Products Announces Acquisition of the Engine Controls Business of BLD Products for $27M (SMP)
Wednesday, April 27, 2011 - 8:44am | 99Standard Motor Products, Inc. (NYSE: SMP), an automotive replacement parts manufacturer and distributor, announced today that it has acquired the Engine Controls business of BLD Products, Ltd., subsidiary of Qualitor Inc., for approximately $27 million. BLD has plants in Holland, Michigan and...
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Dana Holdings Guides 2011 EPS $1.55-$1.65 (DAN)
Wednesday, April 27, 2011 - 7:09am | 15Dana Holdings (NYSE: DAN) Guides 2011 EPS $1.55-$1.65.
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Dana Holding Corporation Reports EPS of $0.34 vs. $0.27 Estimate; Revenues $1.8B vs. $1.69B Estimate (DAN)
Wednesday, April 27, 2011 - 7:05am | 23Dana Holding Corporation (NYSE: DAN) Reports EPS of $0.34 vs. $0.27 Estimate; Revenues $1.8B vs. $1.69B Estimate
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Dana Holding Corporation Reports First-Quarter Results and Raises Full-Year Guidance
Wednesday, April 27, 2011 - 7:01am | 61Dana Holding Corporation (NYSE: DAN) today reported its first-quarter 2011 financial results, including adjusted EDITDA of $181 million. The company had a net loss of $30 million in the quarter, which included $53 million of one-time charges associated with the refinancing and restructuring of...
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CEOWORLD Magazine List of Blue Chip Stocks to Buy now- ARMH, BIDU, COP, MCO and CAT
Wednesday, April 27, 2011 - 5:57am | 10481) ARM Holdings PLC (NASDAQ: ARMH)- ARM Holdings plc (ARM) designs microprocessors, physical Internet protocol (IP) and related technology and software, and sells development tools. ARM licenses and sells its technology and products to international electronics companies, which in turn...
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Top Narrow Based Indexes For April 26 (IIVI, TXIC)
Tuesday, April 26, 2011 - 10:33am | 197By 10:30 am, the Dow Jones Industrial Average was up 67.96 points, or 0.54%, to 12,547.84, while the broader Standard & Poor's 500 index had gained 7.33 points, or 0.55%. The NASDAQ composite index rose 11.79 points, or 0.42%. Some of the narrow based indexes that are driving the markets are...
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Piper Jaffray Upgrades Johnson Controls (JCI)
Tuesday, April 26, 2011 - 9:58am | 96In a recent report by Piper Jaffray, Johnson Controls (NYSE: JCI) was upgraded from Neutral to Overweight and its price target increased from $46 to $47. Piper Jaffray explains, “We are upgrading JCI to Overweight as we believe the recent under-performance of the stock presents an attractive entry...
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Jefferies Comments On Johnson Controls Following Recent Earnings Report
Tuesday, April 26, 2011 - 9:53am | 200Johnson Controls (NYSE: JCI) reported in-line F2Q EPS of $0.56 and guided to a F3Q range of $0.51 to $0.53, 10.3% below consensus of $0.58 at the midpoint. JCI quantified the Japan-hit as a $500 million revenue headwind, costing $0.16-$0.18 per share in F3Q. JCI expects F4Q to normalize and for...
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Benzinga's Top Upgrades (JCI, OXY, PAAS, NFLX)
Tuesday, April 26, 2011 - 9:48am | 134Piper Jaffray upgraded Johnson Controls (NYSE: JCI) from “neutral” to “overweight.” JCI's shares closed at $39.60 yesterday. Johnson Controls' trailing-twelve-month revenue is $35.43 billion. Deutsche Bank upgraded Occidental Petroleum Corp (NYSE: OXY) from “hold” to ‘buy.” OXY's shares closed at...
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J.P. Morgan Tweaks FY2011 EPS Estimate On JCI
Tuesday, April 26, 2011 - 8:24am | 93J.P. Morgan is tweaking down its FY2011 EPS estimate to $2.40 (vs. $2.60 previously) “which is at the lower end of company's recently revised guidance ($2.40-2.45) incorporating the Japan quake impact.” “Our F3Q.2011 and F4Q.2011 estimates are $0.51 and $0.78, respectively,” J.P. Morgan writes. “...
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Spartan Motors Reports EPS of $(0.03) vs. $0.02 Estimate; Revenues $95.1M vs. $102.68M Estimate
Tuesday, April 26, 2011 - 8:03am | 22Spartan Motors (NASDAQ: SPAR) Reports EPS of $(0.03) vs. $0.02 Estimate; Revenues $95.1M vs. $102.68M Estimate
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Deutsche Bank Fine-Tunes JCI Estimates
Tuesday, April 26, 2011 - 7:43am | 103Deutsche Bank is fine-tuning its 2011 estimates on shares of Johnson Controls Inc. (NYSE: JCI), “but we see potential upside to our 2012 estimate.” “The bottom line is that we are fine-tuning our F2011 estimate to $2.45 from $2.52, to reflect the impact of lost Japanese production (note that this...
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A Peek Into The Market Before The Trading Starts
Tuesday, April 26, 2011 - 7:36am | 404Pre-open movers US stock futures are higher this morning, as investors are awaiting earnings reports from several companies and the start of the Federal Open Market Committee's meeting. Futures on the Dow Jones Industrial Average gained 24 points to 12,451.00 and S&P 500 index futures rose 4.40...