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Wisco research Maintains Buy Rating For Sierra Wireless, Inc. (SWIR)
Friday, April 30, 2010 - 5:30pm | 110Analyst Kevin Dede at Wisco Research has released an update on Sierra Wireless, Inc. (NASDAQ: SWIR). The company reported sales of $151.3 million for the March quarter, beating Wisco Research’s estimate of $150 million. EPS of $0.13 was also ahead of the brokerage firm’s estimate of $0.11. The...
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Top Performing Industries For April 30 (BBW, SKY, MHK, EXK, UAUA)
Friday, April 30, 2010 - 1:50pm | 299At 12:20 pm, Dow lost 75.95 points, or 0.68%, to 11,091.37, while the broader Standard & Poor's 500 index lost 10.99 points or 0.91%. The Nasdaq composite index has also slipped 27.36 points or 1.09%. The industries that are helping the market keep afloat today are: Toy & Hobby Stores: The...
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Stocks for Mother's Day
Friday, April 30, 2010 - 1:28pm | 658Sunday, May 9, 2010 is Mother's Day, so if you haven't done the shopping for your mother and/or wife, then you should start now. You may want to consider a gift of some shares in companies that may participate in sales of Mother's Day related products. Why not buy her some chocolate, flowers, and...
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Coinstar Shares Surge after Hours on Good Earnings (CSTR)
Thursday, April 29, 2010 - 6:12pm | 191Shares of Coinstar (NASDAQ: CSTR), who’s core products are automated self-service coin counting and DVD rental machines, surged nearly 21% in after hours trading after reporting blowout numbers for the quarter. The operator of Redbox DVD Rental units, posted 1st quarter revenue of $350.1 million...
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Coinstar Shares Surge after Hours on Good Earnings (CSTR)
Thursday, April 29, 2010 - 6:11pm | 191Shares of Coinstar (NASDAQ: CSTR), who’s core products are automated self-service coin counting and DVD rental machines, surged nearly 21% in after hours trading after reporting blowout numbers for the quarter. The operator of Redbox DVD Rental units, posted 1st quarter revenue of $350.1 million...
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Top Performing Industries For April 29 (BBW, BC, IHG, CLP, CTCH)
Thursday, April 29, 2010 - 3:32pm | 272At 1:29 pm, Dow gained 134.90, or 1.22%, to 11,180.17, while the broader Standard & Poor's 500 index gained 15.81 or 1.33%. The Nasdaq composite index has also gained 36.53 points or 1.48%. The industries that are helping the market keep afloat today are: Toy & Hobby Stores: The top gainer...
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Straddle Sold in Office Max
Thursday, April 29, 2010 - 12:05pm | 132Shares of Office Max (NYSE: OMX) are off to the races today, currently higher by 11.91% to $18.13. This comes after the company reported better than expected earnings with FYQ1 earnings nearly doubling from a year ago. The company also reported a huge gross margin increase of 200 basis points....
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Top Performing Industries For April 28 (MGH, BBW, HL, HUM, TOF)
Wednesday, April 28, 2010 - 3:40pm | 252At 1:03 pm, Dow gained 53.65, or 0.49%, to 11,045.64, while the broader Standard & Poor's 500 index gained 7.06, or 0.60%. The Nasdaq composite index had slipped 2.47 points or 0.10%. The industries that are helping the market keep afloat today are: Gold: The top gainer of the day, this...
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FBR Capital Markets Sees Pressure In Office Supplies Sector (ODP, SPLS)
Wednesday, April 28, 2010 - 1:24pm | 126In a research report released by FBR Capital Markets today, the firm reiterated their Market Perform rating on shares of Office Depot (NYSE: ODP). Office Depot reported very disappointing earnings earlier this week and the stock was hit hard. Currently the shares are trading down 2.83% to $6.86...
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US Stocks Crash In The Light Of Europe's Debt Problems
Wednesday, April 28, 2010 - 6:22am | 188US stocks closed at their lowest in past three months yesterday, after Standard & Poor's labeled Greece’s debt as ‘junk.’ The ratings agency also downgraded Portugal’s credit rating by two notches, reigniting worries regarding Europe's debt issues. Equity strategist Peter Boockvar at Miller...
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Office Depot (ODP) Falls Short of Expectations
Tuesday, April 27, 2010 - 11:04pm | 114Office Depot (ODP) declined 21% today after missing its quarterly earnings report. Analysts had expected earnings of 8 cents per share and Office Depot missed by 1 cent. This is on the heels of an upgrade from Credit Suisse which had rated the shares at Neutral. Sales dropped 6% based on the...
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Office Depot Getting Hammered After Earnings (ODP)
Tuesday, April 27, 2010 - 3:13pm | 106Shares of Office Depot (NYSE: ODP) are getting hammered today after the company reported disappointing earnings this morning. The stock has lost nearly 19% and are currently trading hands for $7.27. Office Depot (ODP) earned $0.07 per share versus consensus estimates of $0.08. Volume in the name...
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Coca-Cola (NYSE:CCE) Beats Forecasts, 3M Company (NYSE:MMM) Revenue Jumps, and Ford (NYSE:F) Swings To $2.1 Billion Profit
Tuesday, April 27, 2010 - 10:33am | 1015Ford Motor Company (NYSE:F) announced on Tuesday morning that it beat consensus Wall Street estimates. Ford Motor reported that it swung to a 1st quarter profit of $2.1 billion, 50 cents per share, from a loss of $1.4 billion, or 60 cents per share, a year earlier. According to a survey of...
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Office Depot (ODP) Misses Earnings Estimates
Tuesday, April 27, 2010 - 9:27am | 109Office Depot, Inc. (NYSE: ODP) on Tuesday morning released financial results that failed to meet Wall Street expectations. Office Depot reported that it swung to a lower than expected 1st quarter profit of $20 million, or 7 cents per share, from a loss of $54.74 million, or 20 cents per share, a...
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Top Performing Industries For April 26 (HAST, WHR, HTZ, PHHM, JOYG)
Monday, April 26, 2010 - 2:36pm | 288At 1:16 pm, Dow gained 32.12, or 0.29%, to 11,236.32, while the broader Standard & Poor's 500 index lost 1 or 0.08%. The Nasdaq composite index has also slipped 0.67 points or 0.03%. The industries that are helping the market keep afloat today are: Music & Video Stores: The top gainer of...