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Tenneco Enters Oversold Territory - Tale of the Tape
Wednesday, February 2, 2011 - 12:10pm | 109Tenneco Inc.'s (TEN) share price has entered into oversold territory with a stochastic value of 12.21. The Zacks Consensus Estimate on the company's earnings for December 2010 increased by two cents over the past two months to $1.64 per share. Tenneco Inc. is a Zacks #1 Rank (“Strong Buy”) company...
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Tenneco Enters Oversold Territory - Tale of the Tape
Wednesday, February 2, 2011 - 11:54am | 109Tenneco Inc.'s (TEN) share price has entered into oversold territory with a stochastic value of 12.21. The Zacks Consensus Estimate on the company's earnings for December 2010 increased by two cents over the past two months to $1.64 per share. Tenneco Inc. is a Zacks #1 Rank (“Strong Buy”) company...
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J.P. Morgan Raises PT on Lear to $135 (LEA)
Wednesday, February 2, 2011 - 11:51am | 144J.P. Morgan is out with its report today on Lear (NYSE: LEA), raising its price target from $98 to $135. In a note to clients, J.P. Morgan writes, "We raise our Dec. 2011 price target to $135 (vs. $98 earlier and based on a 4.5x EV/EBITDA on 2012e EBITDA), implying 27% upside to the current price....
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Company News for February 02, 2011 - Corporate Summary
Wednesday, February 2, 2011 - 10:52am | 797• Corinthian Colleges (NASDAQ:COCO) reported Q2 EPS of $0.23, missing the Zacks Consensus Estimate by a penny. Revenues for the quarter rose 16.5% year-over-year to $482.8 million, well ahead of the Zacks Consensus Estimate of $463 million • Cummins (NYSE:CMI) reported Q4 EPS of $1.84, above the...
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Goldman Sachs Morning Summary
Wednesday, February 2, 2011 - 10:42am | 207Goldman Sachs is out with its research report on the Americas this morning. Goldman Sachs upgraded its Quest Software (NASDAQ: QSFT) rating to Neutral from Sell, downgraded Nuance Communications (NASDAQ: NUAN) to Sell from Neutral, raised Pfizer's (NYSE: PFE) price target to $22 from $20, raised...
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Company News for February 02, 2011 - Corporate Summary
Wednesday, February 2, 2011 - 10:15am | 797• Corinthian Colleges (NASDAQ:COCO) reported Q2 EPS of $0.23, missing the Zacks Consensus Estimate by a penny. Revenues for the quarter rose 16.5% year-over-year to $482.8 million, well ahead of the Zacks Consensus Estimate of $463 million • Cummins (NYSE:CMI) reported Q4 EPS of $1.84, above the...
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JP Morgan Raises PT On Lear Corporation To $135
Wednesday, February 2, 2011 - 8:16am | 27JP Morgan has raised the price target on Lear Corporation (NYSE: LEA) from $98 to $135 and maintains its Neutral rating.
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Lear Corp Wants to be Apple Inc
Wednesday, February 2, 2011 - 2:26am | 982Ascendere Model Portfolio Daily Update: February 1, 2011 Subscribers log in for the full report: This content is for members only. New Actions Required: None Of Note: JP Morgan initiated coverage of Ares Capital Corporation (ARCC) today with an Overweight rating and $19 price target. Williams-...
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Gentex Corp. Director Sells 13,150 Shares of GNTX
Tuesday, February 1, 2011 - 5:11pm | 50In a Form 4 filed earlier today, Cherokee Inc. (NASDAQ: GNTX) Director, Arlyn Lanting, reported that he sold 13,150 shares of GNTX on January 31st for an average price of $31.77. The transaction totaled $417,829. Mr. Lanting owns 300,100 indirect shares of GNTX. Source: The Washington Service
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ArvinMeritor Falls 8.1% After Unexpected Loss (ARM)
Tuesday, February 1, 2011 - 4:48pm | 231Shares of ArvinMeritor, Inc. (NYSE: ARM) are trading down 8.1% at $20.08 per share during the Tuesday afternoon trading session. The day's trading range for shares of ArvinMeritor, Inc has been between $20.05 and $22.39 per share. Analysts covering the company's stock give it a consensus price...
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Nothing Ticks me off More Than Missed Opportunities
Tuesday, February 1, 2011 - 3:05pm | 1236Earnings season always puts me on edge. It's a time when I get to either confirm that I'm right on my research, or confirm that I'm wrong. Of course, sometimes a company reports results that fall somewhere in between my expectations - in those cases I need to dig a...
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Nothing Ticks me off More Than Missed Opportunities
Tuesday, February 1, 2011 - 3:05pm | 1236Earnings season always puts me on edge. It's a time when I get to either confirm that I'm right on my research, or confirm that I'm wrong. Of course, sometimes a company reports results that fall somewhere in between my expectations - in those cases I need to dig a...
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Modine Reports Q3 EPS of $.12 vs. $.09
Tuesday, February 1, 2011 - 10:20am | 85Modine Manufacturing Company (NYSE: MOD) today reported its financial results for the third quarter ended December 31, 2010. Highlights include: Sales were $360 million, up 19 percent from the same period last year; Gross profit increased 20 percent to $57.1 million; Operating income of $9.9...
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ArvinMeritor Reports Mixed Results (ARM)
Tuesday, February 1, 2011 - 9:57am | 197ArvinMeritor, Inc. (NYSE: ARM) on Tuesday morning released financial results that missed Wall Street earnings expectations, while beating revenue estimates. The company reported a 1st quarter adjusted loss from continuing operations of 7 cents per share. ArvinMeritor, Inc reported revenue of $971...
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ArvinMeritor Reports Q1 EPS of $(0.10) vs. $0
Tuesday, February 1, 2011 - 9:43am | 105ArvinMeritor, Inc. (NYSE: ARM) today reported financial results for its first fiscal quarter ended Dec. 31, 2010. Sales were $971 million, up $171 million or 21 percent, from the same period last year. Loss from continuing operations, on a GAAP basis, was $9 million or $0.10 per diluted share,...