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Oppenheimer Maintains Outperform on Lowe's Companies (LOW)
Monday, May 16, 2011 - 8:27am | 156Oppenheimer is out with its report today on Lowe's Companies (NYSE: LOW), maintaining Outperform. In a note to clients, Oppenheimer writes, "We view the Q1 (April) results that Lowe's reported today as better than the 'headline EPS miss' might suggest. First quarter EPS at LOW were essentially...
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Stocks to watch on 5/16/11- VITA, LOW, NDAQ, ICE, NYX, PRM, JCP, JOYG, IRM, TCG, DISH, RDC, NFLX, SYK…
Monday, May 16, 2011 - 8:15am | 1372Orthovita Inc. (VITA) agreed to be acquired by Stryker Corp. (SYK) for a $3.85 a share in cash in a deal valued at $316 million. Lowe's Cos. (LOW) estimated that for the fiscal second quarter ending July 29, it would earn 65 cents to 69 cents a share on 4% higher total sales and 2% higher same-...
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J.P. Morgan Maintains Overweight on Lowe's Companies (LOW)
Monday, May 16, 2011 - 7:48am | 170J.P. Morgan is out with its report today on Lowe's Companies (NYSE: LOW), maintaining Overweight. In a note to clients, J.P. Morgan writes, "Comps came in 100 bps below our forecast, and at the low end of where we thought they could going into the print. EPS held up reasonably well (in-line with...
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Earnings Roundup For May 16 (LOW, JCP, FXCM, MTU, VAL, VIT, SIHI, SORL, ESLT, TTT)
Monday, May 16, 2011 - 7:47am | 498Lowe's Companies (NYSE: LOW) reported a 5.7% decline in its fiscal first-quarter net income. The company's quarterly profit dropped to $461 million, from $489 million, in the year-ago period. Its earnings per share came in at $0.34 per share. Its shares outstanding dropped 7.8% to 1.33 billion. The...
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Most Popular Stocks Right Now on 5/16/11- CNOZ, MBYL, ALKS, BAC, DANR, PRM, HPNN, LOW, BRP, PSP, WNWG
Monday, May 16, 2011 - 7:29am | 1233Cono Italiano Inc. (CNOZ) is trading at a price of $0.0250, a dramatic change of +0.0050 with % change of 25.00% from its previous day's close. Currently, the company has a Market capitalization (total value of a company in the stock market) of approximately 2.30M Mobile Data Corp (MBYL) is...
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A Peek Into The Market Before The Trading Starts
Monday, May 16, 2011 - 6:23am | 393Pre-open movers US stock futures are lower this morning, after decline in global markets. Futures on the Dow Jones Industrial Average dipped 51 points to 12,505.00 and futures on the S&P 500 stock index fell 5.80 points to 1,328.00. Nasdaq 100 futures dropped 5.25 points to 2,364.75. A Peek...
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UPDATE: Lowe's Reports 5.7% Drop In Q1 Net Income; Shares Down In Pre-Market Trading
Monday, May 16, 2011 - 5:22am | 91Lowe's Companies (NYSE: LOW) reported a 5.7% decline in its fiscal first-quarter net income. The company's quarterly profit dropped to $461 million, from $489 million, in the year-ago period. Its earnings per share came in at $0.34 per share. Its shares outstanding dropped 7.8% to 1.33 billion....
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Earnings Preview for the Home Depot (HD, RON, LOW)
Monday, May 16, 2011 - 3:31am | 424The Home Depot (NYSE: HD) is expected to announce its Q1 earnings results on Tuesday, May 17. Analysts expect earnings per share to reach $0.49, up 8.9% on $0.45 recorded in the same quarter last year. The Street's estimate was lowered by $0.01 in the last seven days. Revenues are expected to reach...
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Earnings Scheduled For May 16 (VOXX, JCP, ALN, LOW, STV, WINN, SORL, GLPW, CTRP, URBN, JST, ZOOM, DL, MNOV, DRJ, JADE, FMD, CTC, GLGL, CHGS, GOK, GSL)
Sunday, May 15, 2011 - 11:48pm | 581Audiovox Corporation (NASDAQ: VOXX) is estimated to post its FQ4 earnings at $0.02 per share. J.C. Penney Company Inc (NYSE: JCP) is projected to report its Q1 EPS at $0.25 on revenue of $3.95 billion. American Lorain Corporation (AMEX: ALN) is expected to report its Q1 EPS at $0.08 on revenue...
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Stocks To Watch For May 16 (JCP, URBN, LOW, WINN, ZOOM)
Sunday, May 15, 2011 - 11:39pm | 194Some of the stocks that may grab investor focus today are: Wall Street expects J.C. Penney Company Inc (NYSE: JCP) to report its Q1 EPS at $0.25 on revenue of $3.95 billion. JCP shares gained 0.60% to $38.67 in after-hours trading. Analysts are expecting Urban Outfitters Inc (NASDAQ: URBN) to...
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Focus is on Dollar & Greece 05-13-2011
Friday, May 13, 2011 - 2:11pm | 1100Cusick's Corner Stocks are in the red this Midday after some decent GDP numbers in the EU. But the focus is on the Dollar and the potential implications of a worsening situation in Greece. I know that I have been talking about this all week, but at this stage in the game this is really the focal...
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Citigroup Reports on Sherwin-Williams (SHW)
Friday, May 13, 2011 - 8:22am | 144In a report released yesterday, Citigroup commented on Sherwin-Williams (NYSE: SHW). In the report, Citigroup was mixed in its assessment of the company. Citigroup writes, “SHW announced that the company will increase prices at its stores by 7-9% effective June 6th. This represents the fourth...
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Goldman Sachs Maintains Neutral on Lumber Liquidators Holdings (LL)
Friday, May 13, 2011 - 7:41am | 117Goldman Sachs is out with its report today on Lumber Liquidators Holdings (NYSE: LL), maintaining Neutral. In a note to clients, Goldman Sachs writes, "We remain Neutral-rated, for three reasons: (1) Management guidance is aggressive, particularly in light of the recent choppy SAP integration and...
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The Good & Not So Good 05-12-2011
Thursday, May 12, 2011 - 6:14pm | 880Cusick's Corner The Bears were not able to garner momentum after the open and by the Midday lost all ground. This is encouraging for equities that the bid was able to hold and get the market into the green. We also saw that the Dollar has crept back below mid-term support, 50-Day Simple Moving...
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Equities Cannot Be Denied 05-12-2011
Thursday, May 12, 2011 - 3:10pm | 876Cusick's Corner The Bears were not able to garner momentum after the open and by the Midday lost all ground. This is encouraging for equities that the bid was able to hold and get the market into the green. We also saw that the Dollar has crept back below mid-term support, 50-Day Simple Moving...