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Lifetime Brands Reports Third Quarter Earnings of $0.52
Thursday, November 4, 2010 - 7:19am | 103Lifetime Brands, Inc. (NasdaqGS: LCUT), North America's leading resource for nationally branded kitchenware, tabletop and home décor products, today reported its financial results for the three and nine month periods ended September 30, 2010. For the three months ended September 30, 2010,...
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Argus Downgrades (AAI, FO)
Tuesday, November 2, 2010 - 9:35am | 35Argus is downgrading the following companies from Buy to Hold: Fortune Brands (NYSE: FO) Air Tran Holdings (NYSE: AAI)
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Jarden Announces $250M Debt Offering
Tuesday, November 2, 2010 - 7:50am | 47Jarden Corporation (NYSE: JAH) announced today that it anticipates consummating an offering of approximately $250 million aggregate principal amount of senior unsecured notes. The senior unsecured notes would be guaranteed by certain of Jarden's domestic subsidiaries and would mature in 2022.
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Newell Rubbermaid Core Sales Accelerate To 5.7%, J.P. Morgan Reports
Monday, November 1, 2010 - 8:01am | 125Newell Rubbermaid Inc. (NYSE: NWL) posted normalized Q3 EPS of $0.42, “which was a penny below our forecast, but ahead of the Bloomberg consensus estimate of $0.41,” J.P. Morgan reports. “The key takeaway is that core sales accelerated to 5.7% in the quarter despite significant macro headwinds,” J....
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WHAT'S ON TAP? A VERY BUSY WEEK AHEAD
Friday, October 29, 2010 - 7:00pm | 5223By Dirk Van Dijk, CFA Zacks Investment Research Earnings season might be more than halfway through, but that does not mean a slowdown in the earnings parade. Next week, a total of 1,128 firms will report, including 100 of the S&P 500 firms. So far this has been a very strong earnings season,...
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A VERY Busy Week Ahead - Earnings Preview
Friday, October 29, 2010 - 6:12pm | 4992Earnings Preview 10/29/10 Earnings season might be more than halfway through, but that does not mean a slowdown in the earnings parade. Next week, a total of 1,128 firms will report, including 100 of the S&P 500 firms. So far this has been a very strong earnings season, but there are still...
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Rubbermaid Tops, Reaffirms Outlook - Analyst Blog
Friday, October 29, 2010 - 6:03pm | 411Newell Rubbermaid Inc. (NWL), the maker of Sharpie pens and Rubbermaid containers, logged a strong 10.5% growth in third quarter 2010 earnings, climbing to 42 cents a share from 38 cents in the year-ago quarter. Earnings also outpaced the Zacks Consensus Estimate of 41 cents. Including special...
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Friday's Put/Call Ratio Leaders (NWL, RYL, NVS, QSII, BMY)
Friday, October 29, 2010 - 11:52am | 132Here is a quick peek at stocks that have abnormally high daily put/call ratios today relative to their average…. 1. Newell Rubbermaid (NYSE: NWL) 5,876 puts, 48 calls 2. Ryland Group (NYSE: RYL) 5,421 puts, 254 calls 3. Novartis AG (NYSE: NVS) 3,338 puts, 243 calls 4. Quality Systems (NASDAQ: QSII...
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Stock Market News for October 29, 2010 - Market News
Friday, October 29, 2010 - 9:03am | 1145Stocks had a mixed day on Thursday as investors weighed mixed earnings reports and a possible announcement from the Federal Reserve to buy bonds. 3M Co.'s downbeat earnings and its tepid full-year outlook wiped off market's initial advance that was fueled by a surprise drop in initial claims. The...
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Company News for October 29, 2010 - Corporate Summary
Friday, October 29, 2010 - 9:03am | 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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J.P. Morgan Lowers Fortune Brands 2011E
Friday, October 29, 2010 - 7:22am | 137While Fortune Brands, Inc. (NYSE: FO) has expanded its retail channel presence, most recently this September with the introduction of the Martha Stewart cabinet line at Home Depot, as well as FO producing the vast majority of Lowe's finished and unfinished in-stock cabinetry, and the rollout of new...
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Jarden's Outlook Is Encouraging For 2011
Friday, October 29, 2010 - 7:18am | 156Citigroup has published a research report on Jarden Corporation (NYSE: JAH) after solid 3Q results and an encouraging look forward to 2011. In the report, Citigroup writes "Despite tough 4Q comps, JAH expressed comfort w/exceeding the high-end of ‘10 organic sales growth tgt of +3-5%, given strong...
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Jarden Corp. Beats; Sees Long-Term Growth in 3-5% Range (JAH)
Thursday, October 28, 2010 - 3:52pm | 206Jarden Corp. (NYSE: JAH) reports Q3 earnings of $0.96 versus consensus of $0.94. Jarden Corp. reports revenues of $1.60 billion versus consensus of $1.55 billion. Revenues increased 18.5% year over year. "Our third quarter results, which were led by another solid performance in our Outdoor...
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Fortune Brands' Earnings Fall - Analyst Blog
Thursday, October 28, 2010 - 3:21pm | 390Fortune Brands Inc.'s (FO) adjusted earnings for the third quarter of fiscal 2010 came in at 72 cents per share, falling short of the Zacks Consensus Estimate of 74 cents and the year-ago adjusted earnings of 77 cents. GAAP earnings came in at 66 cents compared with 82 cents posted in the year-...
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Fortune Brands Reports Third Quarter EPS of $.66
Thursday, October 28, 2010 - 6:40am | 204Fortune Brands, Inc. (NYSE: FO) today reported results for the third quarter of 2010. Net income was $102.6 million, or $0.66 per diluted share, compared to $0.82 per diluted share in the year-ago quarter. Comparisons were adversely impacted by net charges of $0.06 per diluted share in the...