-
Market Losers as of 10am
Friday, August 5, 2011 - 9:19am | 317CoreLogic (NYSE: CLGX) is trading down over 27% after being cut to Neutral at Bank of America. Brocade Communications (NASDAQ: BRCD) is trading down over 27% after being cut to Market Perform at Oppenheimer. Pacific Biosciences (NASDAQ: PACB) is trading down over 19.9% after being cut to Neutral at...
-
UPDATE: JP Morgan Upgrades Coinstar from Underweight to Neutral
Friday, August 5, 2011 - 7:32am | 96J.P. Morgan has published a research report on Coinstar Inc (NASDAQ: CSTR) upgrading the change collecting company. In the report, J.P. Morgan wrote, "We are upgrading CSTR to Neutral on valuation. With the stock trading down through our price target, we think the stock is fairly valued in the...
-
Hillenbrand to Acquire ROTEX for $240M in Cash
Friday, August 5, 2011 - 7:15am | 145Hillenbrand, Inc. (NYSE: HI) has entered into a definitive agreement to acquire privately held ROTEX Global, LLC, a portfolio company of Windjammer Capital Investors, for $240 million in cash, subject to certain closing and post-closing adjustments. The acquisition is expected to close in late...
-
JP Morgan Upgrades Coinstar To Neutral, $46.50 PT
Friday, August 5, 2011 - 6:58am | 23JP Morgan has upgraded Coinstar (NASDAQ: CSTR) from Underweight to Neutral with a $46.50 price target.
-
News Summary for August 5, 2011
Friday, August 5, 2011 - 6:49am | 555This is your Benzinga news summary and traders' outlook for Friday, August 5, 2011, covering headlines from overnight and Friday's pre-market session. Today in domestic pre-market trading, U.S. equity futures are set for another weak morning as traders wait for the jobs report. At last check, Dow...
-
US Stock Futures Down; Payrolls Data In Focus
Friday, August 5, 2011 - 4:48am | 482US stock futures are lower this morning, as investors are awaiting employment data. Futures for the Dow Jones Industrial Average dipped 46 points to 11,325.00 and S&P 500 index futures fell 3.60 points to 1,195.10. Nasdaq 100 futures dropped 7.00 points to 2,202.50. US stocks closed lower on...
-
Earnings Scheduled For August 5
Friday, August 5, 2011 - 2:58am | 457Weight Watchers International Inc (NYSE: WTW) is expected to report its Q2 EPS at $1.12 on revenue of $470.16 million. Procter & Gamble Company (The) (NYSE: PG) is projected to report its FQ4 earnings at 0.82 per share on revenue of $20.63 billion. The AES Corporation (NYSE: AES) is...
-
Thursday's Put/Call Ratio Leaders
Thursday, August 4, 2011 - 11:26am | 80Here are today's Put/Call Ratio leaders… 1. CB Richard Ellis Group (NYSE: CBG) 12,256 puts, 11 calls 2. Ryland Group (NYSE: RYL) 5,461 puts, 24 calls 3. Hertz Global (NYSE: HTZ) 7,188 puts, 46 calls 4. Pilgrims Pride (NYSE: PPD) 3,329 puts, 37 calls 5. Time Warner Cable (NYSE: TWX) 3,713 puts, 44...
-
US Stock Futures Up; Economic Data, Earnings In Focus
Wednesday, August 3, 2011 - 5:53am | 495US stock futures are higher this morning, as investors are economic data and earnings from major companies. Futures for the Dow Jones Industrial Average surged 50 points to 11,854.00 and S&P 500 index futures rose 6.30 points to 1,253.60. Nasdaq 100 futures gained 9.00 points to 2,297.25. US...
-
US Stock Futures Up; Economic Data, Earnings In Focus
Wednesday, August 3, 2011 - 5:40am | 495US stock futures are higher this morning, as investors are economic data and earnings from major companies. Futures for the Dow Jones Industrial Average surged 50 points to 11,854.00 and S&P 500 index futures rose 6.30 points to 1,253.60. Nasdaq 100 futures gained 9.00 points to 2,297.25. US...
-
Earnings Scheduled For August 3
Wednesday, August 3, 2011 - 2:58am | 502Owens Corning Inc (NYSE: OC) is expected to report its Q2 EPS at $0.57 on revenue of $1.38 billion. Time Warner Inc (NYSE: TWX) is estimated to report its Q2 earnings at $0.56 per share on revenue of $6.81 billion. Comcast Corporation (NASDAQ: CMCSA) is projected to report its Q2 EPS at $0.41 on...
-
Judge Orders Zediva's DVD Rental Service to Shut Down
Tuesday, August 2, 2011 - 8:57pm | 83Zediva's has been ordered to cease operation by Judge John F. Walter. Citing irreparable damages to the video-on-demand market and movie studios, the federal judge found Zediva's business in violation of studios' exclusive right to public performance of copyrighted works. Zediva had used a loophole...
-
Oppenheimer Reiterates Perform on H&R Block
Tuesday, August 2, 2011 - 5:37am | 48Oppenheimer reiterated its Perform rating on H&R Block (NYSE: HRB). At the moment, the rating agency does not have a price target placed on the company's stock. On Monday, HRB lost 2.67% of its value to finish the day at $14.56.
-
Top 4 Small-Cap Stocks In The Metal Fabrication Industry With The Highest EPS Estimates
Tuesday, August 2, 2011 - 3:03am | 150Below are the top small-cap metal fabrication stocks on the NYSE and the NASDAQ in terms of earnings estimate for the next year. The earnings estimate for Mueller Industries Inc (NYSE: MLI) for the next year ending December, 2012 is $3.25 per share. MLI's PEG ratio is 1.11. Chart Industries Inc (...
-
Earnings Expectations for the Week of August 1
Sunday, July 31, 2011 - 9:02am | 1197Quarterly reports of note scheduled for this week include those from Archer Daniels Midland (NYSE: ADM), General Motors (NYSE: GM), MasterCard (NYSE: MA), Procter & Gamble (NYSE: PG) and Time Warner (NYSE: TWX), all of which are expected to post earnings growth, as well as Pfizer (NYSE: PFE)...