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Morning Market Movers (THC, JTX, BEC, MGH)
Friday, December 10, 2010 - 10:05am | 163Tenet Healthcare Corp (NYSE: THC) shares advanced 50.12% to $6.44. Community Health Systems Inc (NYSE: CYH) reported that Tenet Healthcare Corp (NYSE: THC) rejected its takeover offer of $7.3 billion, or $6 per share, representing a 40% premium over THC's closing price on Thursday. Jackson Hewitt...
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News Summary
Friday, December 10, 2010 - 9:32am | 189Shares of Jackson Hewitt Tax Services Inc (NYSE: JTX) surged about 16% after the company reported its Q2 results. The company's loss came in at $0.67 per share, versus a loss of $0.68 per share, in the year-ago quarter. The company's adjusted loss came in at $0.66 per share. The company's revenue...
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Coinstar Initiated with Buy at The Benchmark Company
Friday, December 10, 2010 - 8:19am | 21Coinstar (NASDAQ: CSTR) is initiated with Buy at The Benchmark Company, price target $80.
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Jackson Hewitt Reports Q2 2011 EPS of $(0.66)
Friday, December 10, 2010 - 7:38am | 109Jackson Hewitt Tax Service Inc. (NYSE: JTX) today reported a net loss of $19.4 million, or $0.67 per basic and diluted share for the second quarter of fiscal 2011, versus a net loss of $19.5 million in the second quarter of fiscal 2010, or $0.68 per basic and diluted share. On an adjusted basis,...
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Stocks To Watch For December 10 (GMCR, CYH, THC, PLL, JTX, CHRW)
Friday, December 10, 2010 - 3:18am | 246Some of the stocks that may grab the investor focus today are: Green Mountain Coffee Roasters Inc (NASDAQ: GMCR) reported about two-fold y/y rise in its FQ4 profit. The company's earnings came in at $0.20 per share. The company's sales surged 73% y/y to $373.1 million. GMCR shares tumbled 17.16% to...
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Weight Watchers Declares Dividend of $.175
Thursday, December 9, 2010 - 4:11pm | 61Weight Watchers International, Inc. (NYSE: WTW) today announced that its Board of Directors declared its quarterly cash dividend of $0.175 per share of common stock, which corresponds to an annual dividend rate of $0.70 per share. This quarterly dividend will be payable on January 14, 2011 to...
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H&R Block Narrows Loss - Analyst Blog
Thursday, December 9, 2010 - 12:03pm | 781H&R Block's (HRB) fiscal second-quarter 2011 loss from continuing operations came in at 35 cents per share, an improvement from the Zacks Consensus Estimate of a loss of 38 cents a share. This also compares favorably with the loss of 38 cents per share incurred in the year-ago period. Net...
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H&R Block Narrows Loss - Analyst Blog
Thursday, December 9, 2010 - 11:33am | 781H&R Block's (HRB) fiscal second-quarter 2011 loss from continuing operations came in at 35 cents per share, an improvement from the Zacks Consensus Estimate of a loss of 38 cents a share. This also compares favorably with the loss of 38 cents per share incurred in the year-ago period. Net...
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Weight Watchers Up On New Points System
Wednesday, December 8, 2010 - 1:27pm | 54Weight Watchers International, Inc. (NYSE: WTW) is up sharply today, gaining more than 1.5% on the back of a new points system. Weight Watchers is at a 52 week high, and has been one of the best performing stocks this year. Weight Watchers provides weight management services worldwide.
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Ameriprise: A 'Prudent' Pick in Financials (AMP)
Wednesday, December 8, 2010 - 12:04pm | 117"Spun-off from American Express in 2005, Ameriprise Financial (NYSE: AMP) is in the midst of a transformation from an insurer to a full-blown money management firm," notes long-term value investor John Buckingham. The editor of The Prudent Speculator explains, "Eyeing an opportunity to gather...
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Afternoon Market Update
Wednesday, December 8, 2010 - 12:03pm | 166Shares of H&R Block Inc (NYSE: HRB) dropped after the company posted a loss in the latest quarter. The company's total revenue for the quarter also fell 1%. HRB shares were down about 7.4% following the results. US Energy stocks dropped after the Energy Information Administration report....
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Company News for December 8, 2010 - Corporate Summary
Wednesday, December 8, 2010 - 10:03am | 688• Costco (NASDAQ: COST) posted fiscal first quarter earnings $0.02 higher than estimated at $0.71, as revenues jumped 11.2% to $19.24 billion, up from estimate of $18.81 billion • H&R Block (NYSE: HRB) posted a fiscal second quarter loss of $0.35 a share, versus an expectation of a $0.37 loss,...
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Company News for December 8, 2010 - Corporate Summary
Wednesday, December 8, 2010 - 9:31am | 688• Costco (NASDAQ: COST) posted fiscal first quarter earnings $0.02 higher than estimated at $0.71, as revenues jumped 11.2% to $19.24 billion, up from estimate of $18.81 billion • H&R Block (NYSE: HRB) posted a fiscal second quarter loss of $0.35 a share, versus an expectation of a $0.37 loss,...
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Fast Money Picks For December 8th (TSL, HRB, LO, CVS)
Tuesday, December 7, 2010 - 7:47pm | 181CNBC Fast Money's Joe Terranova said on the show that he likes CVS Caremark Corporation (NYSE: CVS). CVS Caremark Corporation (CVS) jumped 1.66% on Tuesday, and closed at $33.06. Tim Seymour wants to sell Trina Solar Limited (ADR) (NYSE: TSL) on Wednesday. Trina Solar Limited (ADR) (TSL) jumped 0....
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Market Reacts to Bush Tax Cut Extension 12-07-2010
Tuesday, December 7, 2010 - 6:50pm | 947Cusick's Corner One large uncertainty just got a lot more certain. Will the Bush tax cuts be extended? Well, we have 2 more years now and the market likes it. This will also start to put some more scrutiny on the jobs data because now businesses have a clearer understanding of the future tax...