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Top 4 Stocks In the Application Software Industry With The Highest Free Cash Flow (FO, LEG, AYI, FBN)
Friday, September 24, 2010 - 4:21am | 151Below are the application software stocks on the NYSE and the NASDAQ in terms of free cash flow. The trailing-twelve-month free cash flow at Fortune Brands Inc (NYSE: FO) is $698.2 million. FO's quarterly earnings advanced 127.90% y/y. The trailing-twelve-month free cash flow at Leggett & Platt...
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Charlie Gasparino: Nobody Wants Larry Summers' Job
Wednesday, September 22, 2010 - 4:23pm | 195FOX Business Network's (FBN) Charlie Gasparino is reporting today that sources inside the business community claim top executives are being considered by the White House to replace Larry Summers, but they do not want the job. Excerpts of the report can be found below courtesy of Fox Business...
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10 Stocks to Consider Before Holiday Hype
Wednesday, September 22, 2010 - 7:09am | 404BOSTON (TheStreet) -- With the holidays right around the corner, investors can get a jump on the hottest consumer stocks now. The following 10 companies sell trendy products. Their stocks receive top rankings from analysts, who are predicting big gains in the next 12 months. They're ordered by...
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Goldman Sachs On Retail Specialty Hardlines
Monday, September 20, 2010 - 8:50am | 143Goldman Sachs writes "the following disclosures relate to relationships between The Goldman Sachs Group, Inc.: Goldman Sachs expects to receive or intends to seek compensation for investment banking services in the next 3 months: Ethan Allen Interiors, Inc. (NYSE: ETH) ($15.60), GameStop Corp. (...
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Leggett & Platt Completes Divestiture Program
Monday, September 13, 2010 - 8:29am | 101Today, Leggett & Platt (NYSE: LEG) announced that it has sold its Storage Products business to SPG International, LLC. The sale completes the divestiture program, a significant part of the company's strategic realignment first introduced to investors in November 2007. Since implementation of...
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Furniture Brands International Contributes 4.1 Million Shares to Pension Plan
Thursday, September 2, 2010 - 3:43pm | 77Furniture Brands International (NYSE: FBN) announced today the company has made a contribution of approximately 4.1 million shares of its common stock to the company's pension plan. The shares were contributed in a private placement transaction and in consideration for the reduction in future...
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Charlie Gasparino: Government Looking Into J.P. Morgan's Role In Collapse Of Lehman
Tuesday, August 31, 2010 - 4:29pm | 212Fox Business Network (FBN) Senior Correspondent Charlie Gasparino is reporting that Phil Angelides and the Financial Crisis Inquiry Commission are looking into what role JP Morgan played in the collapse of Lehman Brothers. Highlights of the report can be found below, courtesy of Fox Business...
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Hooker Furniture Reschedules Earnings Call (HOFT)
Monday, August 30, 2010 - 2:16pm | 91Hooker Furniture Corporation (Nasdaq: HOFT) has rescheduled its second quarter and first half 2011 earnings teleconference from September 9 to September 14 in respect for the observance of Rosh Hashanah. The Company will present its financial results for its most recently completed quarter via...
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Charlie Gasparino: Citi Was Approached By SEC Over Accounting Issues (C)
Friday, August 27, 2010 - 3:32pm | 646Fox Business Network’s (FBN) Senior Correspondent Charlie Gasparino is reporting that CLSA analyst Mike Mayo says Citigroup is “cooking the books”, not accounting for Deferred Tax Assets, and the Securities and Exchange Commission (SEC) has “approached them over this issue at least twice over the...
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Charlie Gasparino: "Lehman CFO Erin Callan Will Not Be Charged By The SEC"
Friday, August 20, 2010 - 3:09pm | 199Fox Business Network’s (FBN) Senior Correspondent Charlie Gasparino reports that former Lehman Brothers CFO Erin Callan has “not received a Wells Notice” which indicates she will not be charged by the SEC. Highlights of the report can be found below courtesy of Fox Business Network. On who from...
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Charlie Gasparino: "Lehman SEC Charges Coming In September"
Friday, August 20, 2010 - 1:27pm | 204Sources tell Fox Business Network (FBN) Senior Correspondent Charlie Gasparino that former Lehman Brothers CEO Dick Fuld is saying that SEC charges against the firm will come in September. Based on this, lawyers for Wall Street firms speculate that “Wells Notices have been issued.” Highlights of...
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Flexsteel Industries Reports Huge EPS Beat (FLXS)
Wednesday, August 18, 2010 - 4:56pm | 180Flexsteel Industries Inc. (NASDAQ: FLXS) reports Q2 EPS of $0.61 versus estimates of $0.23. Flexsteel Industries Inc. reports revenues of $85.6 million versus estimates of $81.18 million. Revenues increased 15% year over year. Gross margin for the year ended June 30, 2010 was 22.8% compared to 18....
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La-Z-Boy Reports Loss; Shares Trade Lower (LZB)
Tuesday, August 17, 2010 - 3:21pm | 327La-Z-Boy Inc. (NYSE: LZB) reports Q1 EPS of $0.00 versus estimates of $0.00. La-Z-Boy Inc. reports revenues of $263.3 million versus estimates of $263.81 million. The total loss the company reported was $195,000. Kurt L. Darrow, President and Chief Executive Officer of La-Z-Boy, said, "As mentioned...
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Fox Business Network: Former Lehman Exec Says SEC Charges Coming Around September 15
Tuesday, August 17, 2010 - 3:01pm | 433Former Lehman Brothers executive Larry McDonald tells Fox Business Network’s (FBN) Charlie Gasparino the SEC is interviewing all the top Lehman executives and “the question is who they go after” and predicts that the charges will be filed in conjunction with “the two year anniversary of this crime...
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Charlie Gasparino: "SEC Charges Against Lehman Executives Appear Imminent"
Monday, August 16, 2010 - 1:25pm | 434FOX Business Network’s (FBN) Charlie Gasparino reports that the Security and Exchange Commission (SEC) may bring charges against former Lehman Brothers executives as early as this week. Excerpts of his report can be found below, courtesy of Fox Business Network. About the charges being brought...