-
Stoneridge Announced Earnings for the Second Quarter
Wednesday, July 28, 2010 - 9:11am | 86Stoneridge, Inc. (NYSE: SRI) today announced net sales of $166.3 million and net income of $4.2 million, or $0.17 per diluted share, for the second quarter ended June 30, 2010. Net sales increased $64.0 million, or 62.6%, to $166.3 million, compared with $102.3 million for the second quarter of...
-
Afternoon Market Update (AXL, STI)
Monday, July 26, 2010 - 12:40pm | 258Fitch Ratings has upgraded the long-term issuer default rating of American Axle (NYSE: AXL) from “B-” to “B” as the credit profile of the company showed an improvement. The ratings agency has maintained its outlook for the company to stable. Fitch mentioned, "The favorable changes come from...
-
J.P. Morgan Lowers Price Target on Johnson Controls (JCI)
Monday, July 26, 2010 - 9:23am | 178J.P. Morgan is out with a research report this morning, where it reiterates its Neutral rating on Johnson Controls (NYSE: JCI); it also lowered its price target to $34.00, from $38.00. The JPM analysts said, “We leave our FY2010e EPS unchanged at $2.00 (slightly higher than guidance of $1.95), but...
-
The Biggest Companies You’ve Never Heard Of…And What They Do
Monday, July 26, 2010 - 7:24am | 425The great majority of the largest companies in America are easily identified by name by most consumers. That is because their names match one or more of their most important brands. McDonald’s (NYSE: MCD) in the fast food business. It is its own largest brand. The same is true for Ford (NYSE: F),...
-
Spartan Motors Reports Second Quarter 2010 Results
Friday, July 23, 2010 - 9:19am | 131Spartan Motors, Inc. (Nasdaq: SPAR) today reported results for its 2010 second quarter, which included the impact of the previously announced business realignment plan. Spartan posted a net loss for the quarter of $2.6 million, which included the unfavorable impact of these actions. Before one-...
-
JCI Q3 Results Miss Targets
Friday, July 23, 2010 - 7:31am | 64Johnson Controls Inc (NYSE: JCI) reports its Q3 EPS, ex-items, at $0.54, below the consensus of $0.55. JCI reports its Q3 revenue at $8.5 billion, versus the consensus of $8.48 billion. Johnson Controls has projected its EPS for 2010 at $1.95 versus its earlier outlook of $1.90-$1.95. Read more...
-
Top 4 Stocks In The Recreational Vehicles Industry With The Highest EPS Estimates (PII, THO, HOG, DW)
Wednesday, July 21, 2010 - 5:55am | 162Below are the top recreational vehicles stocks on the NYSE and the NASDAQ in terms of earnings estimate for the next year. The earnings estimate for Polaris Industries Inc (NYSE: PII) for the next year ending December, 2011 is $4.07 per share. Analysts at Longbow initiated coverage of PII with a “...
-
Mad Money Lightning Round OT (BRCM, MGA, JCI, DXCM, ABT)
Tuesday, July 20, 2010 - 8:07pm | 201Jim Cramer said on CNBC's Mad Money Lightning Round OT that wireless business is on fire, and Broadcom Corporation (NASDAQ: BRCM) is a buy. Broadcom Corporation (BRCM) fell 0.65% today, and closed at $36.92. Magna International Inc. (USA) (NYSE: MGA) is one of the biggest survivors, said Cramer....
-
2010 Fund Performance Period 7
Tuesday, July 20, 2010 - 4:14pm | 4734If, after reading the blog content you might have an interest in participation for the mutual fund, please consider reading why this blog exists. [Jan 2008: Reader Pledges Toward Mutual Fund Launch] [May 2008: Frequently Asked Questions] Our story in Barron's [A New Kind of Fund Manager] [...
-
Benzinga’s Volume Movers (ATAC, COCO, EDMC, STRA)
Monday, July 19, 2010 - 1:51pm | 210ATC Technology Corporation (NASDAQ: ATAC) shares gained 39.07% to $24.24 at 11:53 am. The volume of ATAC shares traded was 8,859% higher than normal. ATAC has agreed to be acquired by Genco Distribution System Inc for $512.6 million in cash. Corinthian Colleges Inc (NASDAQ: COCO) shares jumped 7.45...
-
Mid-Day Market Movers (ATAC, CYPB, TKS, EDMC)
Monday, July 19, 2010 - 1:17pm | 141ATC Technology Corporation (NASDAQ: ATAC) jumped 38.96% to $24.22 at 10:33 am. ATAC has agreed to be acquired by Genco Distribution System Inc for $512.6 million in cash. Cypress Bioscience Inc (NASDAQ: CYPB) climbed 33.60% to $3.34. Ramius LLC has offered to acquire all the outstanding shares of...
-
Bookkeeping: Weekly Changes to Fund Positions Year 3, Week 50
Monday, July 19, 2010 - 8:00am | 2102Year 3, Week 50 Major Position Changes To see historic weekly fund changes click here OR the label at the bottom of this entry entitled 'fund positions'. Cash: 77.9% (v 70.6% last week) 19 long bias: 18.2% (v 27.8% last week) 2 short bias: 3.9% (v 1.5% last week) 21 positions (vs 20 last week)...
-
Commercial Vehicle Stocks Show Resilience
Wednesday, July 14, 2010 - 3:17pm | 125The stocks of commercial vehicles and trucks companies have not taken as much beating as the broader market. These stocks have continued to outperform the Standard & Poor 500 since March 2009. The simple ratio of stock price and S&P 500 has been increasing, which indicates that the stocks...
-
Bookkeeping: Cutting BorgWarner (BWA) in Half
Wednesday, July 14, 2010 - 1:14pm | 511Auto supplier BorgWarner (BWA) has jumped from its 200 day moving average near $36 to as high as $43 this morning - like a bevy of other stocks I own or have on my watch lists, about a 20% move in 6 or 7 days. I am going to sell off half the position and see if I can rebuy lower. As with all...
-
Top 4 Stocks In The Recreational Vehicles Industry With The Lowest PEG Ratio (THO, HOG, PII, DW)
Wednesday, July 14, 2010 - 6:10am | 134Below are the top recreational vehicles stocks on the NYSE and the NASDAQ in terms of PEG ratio. Thor Industries Inc (NYSE: THO) has a PEG ratio of 0.93. Analysts at Argus upgraded THO from “hold” to “buy.” Harley-Davidson Inc (NYSE: HOG) has a PEG ratio of 1.09. HOG’s trailing-twelve-month...