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Earnings Roundup For May 5 (GM, CVS, EL, SLE, LFRGY, LINC, SCGLY, IGTE, HUN, CI, FTO, DTV, CVC)
Thursday, May 5, 2011 - 7:48am | 718General Motors Co (NYSE: GM) reported its Q1 profit at $3.2 billion, or $1.77 per share, from $865 million, or $0.55 per share, in the year-earlier period. The latest quarter earnings included special items of $0.82 per share. The company's revenue surged to $36.2 billion, from $31.5 billion....
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Lincoln Education Reports EPS of $0.46 vs. $0.36 Estimate; Revenues $145.4M vs. $143.82M Estimate (LINC)
Thursday, May 5, 2011 - 7:05am | 22Lincoln Education (NASDAQ: LINC) Reports EPS of $0.46 vs. $0.36 Estimate; Revenues $145.4M vs. $143.82M Estimate
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Career Education Reports EPS of $0.95 vs. $0.75 Estimate; Revenues $543M vs. $537.68M Estimate (CECO)
Wednesday, May 4, 2011 - 3:06pm | 22Career Education (NASDAQ: CECO) Reports EPS of $0.95 vs. $0.75 Estimate; Revenues $543M vs. $537.68M Estimate
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Deutsche Bank Raises EPS On Corinthian Colleges, Maintains Hold And $5.75 PT (COCO)
Wednesday, May 4, 2011 - 9:01am | 86Deutsche Bank raised its earnings per share estimates on Corinthian Colleges (NASDAQ: COCO), while reiterating its $5.75 price target and Hold rating, in a research report published today. In the report, Deutsche Bank states, "Our 4QE EPS rises from $0.01 to $0.11 (prior Street $0.11) and FY12E...
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Deutsche Bank Has Hold Rating On Corinthian Colleges (COCO)
Wednesday, May 4, 2011 - 7:38am | 122Deutsche Bank has a Hold rating and a $5.75 price target on shares of Corinthian Colleges (NASDAQ: COCO). In a note to investors, Deutsche Bank writes, "There were positive developments in the quarter regarding cohort default rates (CDRs) but regulatory risks remain for COCO including Gainful...
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Universal Technical Institue Reports EPS of $0.28 vs. $0.27 Estimate (UTI)
Tuesday, May 3, 2011 - 3:10pm | 257Universal Technical Institue (NYSE: UTI) Reports EPS of $0.28 vs. $0.27 Estimate. Universal Technical Institute today reported net revenues for the second quarter ended March 31, 2011 of $114.2 million, an 8.1 percent increase from $105.6 million for the second quarter of the prior year. Net...
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Defense, Defense 05-03-2011
Tuesday, May 3, 2011 - 2:40pm | 1010Cusick's Corner Defense is in play. The VIX continues higher, 3 up days in a row, Financials (XLF) and Tech (QQQQ) lag and are now well behind Consumer Staples (XLP) and Healthcare (XLV). There's been a rush to Consumer Staples like toothpaste, beverages, soap, and Drugs (not the illegal kind!),...
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Calls Purchased on Career Education Corporation (CECO)
Tuesday, May 3, 2011 - 9:24am | 134Shares of Career Education Corporation (NASDAQ: CECO) are higher on the session by 2.31%, currently trading at $22.39. The stock has been moving largely higher over the past six months and is currently trading above the 50-day and 200-day moving averages. Options traders are buying calls on the...
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Goldman Sachs Comments On Strayer Education Following Recent Earnings Report
Tuesday, May 3, 2011 - 9:05am | 168Strayer Eudcation (NASDAQ: STRA) reported revenue and net income in line with Goldman's 1Q estimate but EPS was meaningfully higher on lower share count – reported EPS was $2.80 vs. its estimate of $2.72 and consensus of $2.70. New enrollment was also in line with Goldman's expectations, down 19%...
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Earnings Roundup For May 3 (PFE, MA, PCS, MYL, WLK, THC, COCO, CTSH, EMR, ADM, LM, IFNNY, TAP, FDP)
Tuesday, May 3, 2011 - 7:33am | 826Pfizer Inc (NYSE: PFE) reported a 10% rise in its first-quarter profit. The company's profit came in at $2.22 billion, or $0.28 per share, versus $2.03 billion, or $0.25 per share, in the year-earlier period. The company's adjusted earnings came in at $0.60 per share. The company's revenue dropped...
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Corinthian Colleges Reports EPS of $0.21 vs. $0.21 Estimate; Revenues $462.3M vs. $467.22M Estimate (COCO)
Tuesday, May 3, 2011 - 6:47am | 22Corinthian Colleges (NASDAQ: COCO) Reports EPS of $0.21 vs. $0.21 Estimate; Revenues $462.3M vs. $467.22M Estimate
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What's Hot On TheStreet
Friday, April 29, 2011 - 1:31pm | 314Here's what Benzinga's reading on our friend, TheStreet.com. What's Hot On TheStreet 5 Worst-Performing S&P 500 Stocks of 2011 TThe S&P 500 Index is rising for the third year in a row, increasing 7% so far in 2011. The best performers are National Semiconductor(NSM), Biogen Idec(BIIB) and...
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China Distance Education Holdings Limited Announces Expansion of Share Repurchase Program
Friday, April 29, 2011 - 7:58am | 130China Distance Education Holdings Limited (NYSE: DL) today announced that its board of directors has approved an increase of the repurchase quota under its current share repurchase program initially approved on November 20, 2008. Under the expanded share repurchase program, CDEL is authorized to...
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Have Small Caps Peaked?
Thursday, April 28, 2011 - 9:06am | 1302The rise for small cap stocks, as measured by the Russell 2000 small cap index, have handily outpaced gains of large cap indices by over 50 percent since the March 2009 lows. The significant rise in the index and high valuations today show that now may be an opportune...
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Have Small Caps Peaked?
Thursday, April 28, 2011 - 9:06am | 1302The rise for small cap stocks, as measured by the Russell 2000 small cap index, have handily outpaced gains of large cap indices by over 50 percent since the March 2009 lows. The significant rise in the index and high valuations today show that now may be an opportune...