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Morningstar Reports U.S. Mutual Fund and ETF Asset Flows Through October 2010
Wednesday, November 10, 2010 - 11:56am | 173Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment research, today reported estimated U.S. mutual fund and exchange-traded fund asset flows through October 2010.(...)Read the rest of Morningstar Reports U.S. Mutual Fund and ETF Asset Flows Through October 2010 Copyright...
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Morningstar Names Peng Chen President of Global Investment Management Division
Wednesday, November 10, 2010 - 9:26am | 71Morningstar, Inc. (Nasdaq: MORN) today announced that Peng Chen, Ph.D., CFA, president of Morningstar's Ibbotson Associates unit, has been named president of Morningstar's global Investment Management division. Chen will oversee the company's investment consulting, retirement advice, and...
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Top 4 Small-Cap Stocks In The Marketing Services Industry With The Highest ROE (VCI, ARB, SGK, HHS)
Tuesday, November 9, 2010 - 4:29am | 129Below are the top small-cap marketing service stocks on the NYSE and the NASDAQ in terms of return on equity. The trailing-twelve-month return on equity at Valassis Communications Inc (NYSE: VCI) is 141.50%. VCI's quarterly earnings jumped 95.50% y/y. The trailing-twelve-month return on equity at...
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Zacks Analyst Blog Highlights: The Washington Post Company, Cell Therapeutics Inc., American Tower Corp., DaVita Inc. and Symmetry Medical - Press Releases
Monday, November 8, 2010 - 10:33am | 2255For Immediate Release Chicago, IL – November 8, 2010 – Zacks.com Analyst Blog features: The Washington Post Company (WPO), Cell Therapeutics Inc. (CTIC), American Tower Corp. (AMT), DaVita Inc. (DVA) and Symmetry Medical (SMA). Get the most recent insight from Zacks Equity Research with the free...
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The Beta Band (or why do we call them hedge funds, anyway?)
Monday, November 8, 2010 - 9:30am | 408Beta (market performance) is free. It's Alpha (performance above market returns) that oughta cost ya. Apparently, this is news to many hedge fund investors. The average hedge fund is little more than the highest cost provider of market access. Anywhere from 2 to 10 times more expensive than an...
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Feeling Swedish?
Sunday, November 7, 2010 - 5:00am | 370Gretchen Morgenson (New York Times) is out with an interview of Ian Shepherdson of High Frequency Economics. If his name rings a bell, he was one of the few economists sounding the alarm on the economy as far back as 2005. He wasn't loud enough and was a bit too early, but he was right....
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In the Land of TV, Hindsight is King
Saturday, November 6, 2010 - 5:45am | 257If you are rooting for economic recovery (and what kind of misanthrope isn't?) then this article from the Television section of the New York Times is exactly what you want to see... In the current economy, reality shows like “Downsized” on WE TV and “The Fairy Jobmother” on Lifetime are trying to...
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Washington Post's Profit Surges - Analyst Blog
Friday, November 5, 2010 - 4:33pm | 315The Washington Post Company (WPO) recently posted that third-quarter earnings, excluding one-time items, jumped to $9.12 per share from $2.76 cents in the prior-year quarter. Earnings were well above the Zacks Consensus Estimate of $7.07 per share. Revenue for the quarter rose 7.3% year over...
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Quantitative Displeasing
Friday, November 5, 2010 - 12:15pm | 384Not everyone was thrilled with Wednesday's Quantitative Easing announcement from the Fed. Paul Vigna discusses how the lone dissenting hawk on the Federal Reserve Board, Thomas Hoenig, views the policy: Thomas Hoenig, the head of the Kansas City Fed and the only dissenter on the FOMC to Wednesday'...
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The Washington Post Company Reports Third Quarter EPS Loss of ($6.84)
Friday, November 5, 2010 - 7:34am | 100The Washington Post Company (NYSE: WPO) today reported net income available for common shares of $60.9 million ($6.84 per share) for the third quarter ended October 3, 2010, compared to net income available for common shares of $17.1 million ($1.81 per share) for the third quarter of last year....
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Huge Gainers Today (M, WFMI, NYT)
Thursday, November 4, 2010 - 3:03pm | 107There are a few stocks that had incredible moves today, such as Macy's (NYSE: M), New York Times (NYSE: NYT) and Whole Foods (NASDAQ: WFMI) Macy's gained 6.6% today on higher than expected same-store-sales. It closed at $25.56, a gain of $1.59. New York Times gained 8.2% today to close at $8.63,...
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Benzinga's Top Downgrades (LOPE, AMGN, LOGI, WPO)
Thursday, November 4, 2010 - 6:27am | 147Grand Canyon Education Inc (NASDAQ: LOPE) was downgraded by RW Baird from "outperform" to "neutral." LOPE's shares closed at $19.34 yesterday. Grand Canyon Education's 52-week trading range is $15.33-$28.46. Leerink downgraded Amgen Inc (NASDAQ: AMGN) from "outperform" to "market perform." AMGN's...
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The Dolan Company Shares Soar On Earnings Beat (DM)
Wednesday, November 3, 2010 - 2:04pm | 205Shares of The Dolan Company (NYSE: DM) are currently up 12% at $12.39 per share during Wednesday afternoon trading. Today's trading range for shares of The Dolan Company has been between $11.25 and $12.75 per share. The consensus price target of analysts covering the company's stock is $16 per...
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Scholastic Corporation Expects to Purchase 5.2M Shares at $30
Wednesday, November 3, 2010 - 8:29am | 75Scholastic (Nasdaq: SCHL) accepted for purchase 5,199,699 shares of common stock at a price of $30.00 per common share for a total cost of $155,990,970. The shares of common stock purchased pursuant to the tender offer represent approximately 15.1 percent of the common shares outstanding as of...
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Primedia Posts Results Above Estimates
Wednesday, November 3, 2010 - 6:54am | 205J.P Morgan is maintaining its Neutral rating on Primedia (NYSE: PRM) shares. Q3,10 results were above JPM's estimates with revenues -7% and EBITDA -2%. Cost control remains tight—down 9% YoY in Q3. JPM continues to like PRM's strategy to bolster online and digital offerings. And its impressed by...