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US Stock Futures Signals Flat Start On Wall Street, Federal Reserve Decision In Focus
Wednesday, November 3, 2010 - 7:00am | 352US stock futures moved up slightly after the mid-term elections. The investors are also awaiting the decision of Federal Reserve. Futures for the Dow Jones Industrial Average rose 11 points to 11,163 and those for the S&P 500 index gained 1 point to 1,193.70. Futures for the Nasdaq 100 index...
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Harman International Industries Shares Up 12.2% (HAR)
Tuesday, November 2, 2010 - 2:52pm | 280Shares of Harman International Industries (NYSE: HAR) are trading up 12.2% at $37.57 per share during the Tuesday afternoon trading session. The day's trading range for shares of Harman International Industries has been between $36.50 and $39.37 per share. Analysts covering the company's stock give...
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Afternoon Market Update (HAR, ALK, RYAAY, JBLU, DAL, CGNX)
Tuesday, November 2, 2010 - 12:12pm | 199Shares of Harman International Industries Inc (NYSE: HAR) surged about 15% after the company swung to FQ1 profit. The company's net income from continuing operations came in at $0.35 per share, compared with a net loss from continuing operations of $0.08 per share, in the year-ago period. The...
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Harman International Beats Estimates (HAR)
Tuesday, November 2, 2010 - 8:52am | 230Harman International Industries (NYSE: HAR) on Tuesday morning released financial results that beat Wall Street expectations. Harman International Industries reported that its fiscal 1st quarter earnings from continuing operations were 39 cents per share, compared to a loss of 17 cents per share a...
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Company News for October 29, 2010 - Corporate Summary
Friday, October 29, 2010 - 10:03am | 755• Microsoft (NASDAQ: MSFT) reported fiscal first quarter earnings of $0.62, above Zacks estimates of $0.55, on a 25.3% revenue jump to $16.2 billion, up from estimates of $15.7 billion • Newell Rubbermaid (NYSE: NWL) reported third quarter earnings $0.01 cents higher than Zacks estimates of $0.42,...
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Earnings Scheduled For October 29 (CVX, POM, CEG, MRK, PGN, NEE, SNE, D, EL, ITT, CI, WY, EIX, LNT)
Friday, October 29, 2010 - 5:46am | 355Chevron Corp (NYSE: CVX) is expected to report its Q3 EPS at $2.16 on $49.48 billion in revenue. Pepco Holdings Inc (NYSE: POM) is forecast to report its Q3 earnings at $0.38 per share. Constellation Energy Group Inc (NYSE: CEG) may report its Q3 earnings at $0.64 per share on revenue of $4.03...
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Zings Of The Day
Wednesday, October 27, 2010 - 4:02pm | 189Speculation has been dismissed that Apple (NASDAQ: AAPL) would buy Sony (NYSE: SNE), after reports came out yesterday it was considering a purchase of the company. Apple cited various tweets from the Twitter world saying, "Dear Apple, Please don't screw up and buy Sony. Love, Everyone" as the...
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Whirpool Getting Hit Hard (WHR)
Wednesday, October 27, 2010 - 9:44am | 79Whirlpool Corporation (NYSE: WHR) is getting rocked today, despite reporting better than expected earnings. Earnings for the quarter were $1.02 per share. Excluding the legal charges for a suit that said Whirpool and Panasonic (NYSE: PC) conspired to price fixing, earnings would've been $2.22 per...
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Panasonic Makes Investment in CardioNexus Corp
Monday, October 25, 2010 - 8:43am | 132Panasonic Corporation of North America has completed an investment in CardioNexus Corporation, a portfolio company of Houston's Fairway Medical Technologies which works closely with the Texas Medical Center. The move is part of Panasonic's plans to establish itself as a global leader in...
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HARMAN Unveils $100 Million Investment Plan for China
Monday, October 25, 2010 - 8:32am | 56HARMAN (NYSE: HAR), has announced plans to invest another $100 million to bolster its manufacturing and research capabilities in the People's Republic of China. This new plan follows an initial investment phase of $75 million undertaken in 2007-2008 to establish manufacturing and R&D...
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Friday's Put/Call Ratio Leaders (JBHT, ETH, FNSR, SNE, VIT)
Friday, October 22, 2010 - 12:21pm | 93Here is a quick peek at stocks that have abnormally high daily put/call ratios today relative to their average…. 1. J.B. Hunt Transport (NASDAQ: JBHT) 2,620 puts, 6 calls 2. Ethan Allen Interiors (NYSE: ETH) 3,039 puts, 8 calls 3. Finisar Corp. (NASDAQ: FNSR) 3,516 puts, 26 calls 4. Sony Corp. (...
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Morgan Stanley Report on Broadband Pricing Wildly Overblown
Friday, October 22, 2010 - 11:18am | 547By Justin Rohrlich A new report from Morgan Stanley media analyst Ben Swinburne makes quite the audacious claim. Swinburne believes that, as more customers “cut the cord” and enough people eventually consume programming via the Internet, via Apple's (AAPL) iTunes, Google's (GOOG) YouTube, and so...
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Garmin Acquires Norwegian Distributor Belanor
Friday, October 22, 2010 - 9:32am | 76Garmin Ltd. (NASDAQ: GRMN) announced today that it has acquired Belanor AS, the distributor of Garmin's automotive, outdoor recreation, fitness and marine products in Norway. The company will be renamed Garmin Norge AS and will retain its management, sales, marketing and supporting staff, and will...
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Zacks Analyst Blog Highlights: STT,PHG,GE,PC,SNE - Press Releases
Wednesday, October 20, 2010 - 6:54pm | 1677For Immediate Release Chicago, IL – October 20, 2010 – Zacks.com Analyst Blog features:State Street Corporation (STT), Koninklijke Philips Electronics NV (PHG), General Electric Co. (GE), Panasonic Corporation (PC) and Sony Corporation (SNE). Get the most recent insight from Zacks Equity Research...
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Viacom's 'Jackass' Franchise Makes Triumphant Return
Monday, October 18, 2010 - 10:36am | 198Viacom (NYSE: VIA) scored this past weekend with Johnny Knoxville and his self-abusing colleagues. The film Jackass 3D came out on top, making $50 million at domestic theaters in its debut, according to early estimates at Box Office Mojo. Viacom beat out high-profile products from various media...