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Arris Group, Inc.’s (ARRS) Fourth-Quarter Review
Thursday, February 11, 2010 - 3:03pm | 117Cowen and Company (NASDAQ: COWN) has released an update on Arris Group, Inc. (NASDAQ: ARRS). The company has reported results for the fourth-quarter. Arris Group reported revenue of $300 million for the fourth-quarter, an increase of 3% year-over-year. The revenue was mainly driven by strong CMTS...
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Infinity Pharmaceuticals, Inc. (INFI) Reports Results For The Fourth-Quarter
Thursday, February 11, 2010 - 1:44pm | 114Cowen and Company (NASDAQ: COWN) has released an update on Infinity Pharmaceuticals, Inc. (NASDAQ: INFI). The company has reported results for the fourth-quarter. The company also provided an update on its product pipeline. Infinity reported a loss of $7.9 million in the quarter. The company ended...
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Lions Gate Entertainment Corp. (LGF) Continues To Progress
Thursday, February 11, 2010 - 1:28pm | 162Cowen and Company (NASDAQ: COWN) has released an update on Lions Gate Entertainment Corp. (NYSE: LGF). Cowen and Company has revised estimates for the company. Cowen has lowered FY10 adjusted EBITDA estimate from $114 million to $107 million. The estimate has been lowered due to the write down on...
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DealerTrack Holdings, Inc. (TRAK) Maintains An Outperform (1) Rating
Thursday, February 11, 2010 - 1:00pm | 112Cowen and Company (NASDAQ: COWN) has maintained an Outperform (1) rating for DealerTrack Holdings, Inc. (NASDAQ: TRAK). The company has announced yesterday that GMAC is available on its network starting late summer.DealerTrack Holdings, Inc. will pay GMAC $15 million to connect to its network....
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GSI Commerce, Inc.’s (GSIC) Fourth-Quarter Review
Thursday, February 11, 2010 - 12:38pm | 136Cowen and Company (NASDAQ: COWN) has released an update on GSI Commerce, Inc. (NASDAQ: GSIC). The company has reported results for the fourth-quarter. The company registered strong growth in toys & baby, apparels, health & beauty, and sporting goods categories in the fourth-quarter. The...
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Altucher Says Bailouts Were Essential
Thursday, February 11, 2010 - 12:38pm | 298According to James Altucher, people are angry about the taxpayer’s money being used to bailout rich Wall Street executives, when the Main Street suffered all the while. People believe that the unemployment is 5% higher than what it would have been had the bailout not taken place. Although...
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Elan Corporation, Plc (ELN) Fourth-Quarter Review
Thursday, February 11, 2010 - 11:28am | 170Cowen and Company (NASDAQ: COWN) has released an update on Elan Corporation, Plc (ADR) (NYSE: ELN). The company has reported results for the fourth-quarter. The results for the fourth-quarter came in well ahead of Cowen’s, and consensus estimates. The company reported an adjusted operating gain of...
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Charles River Laboratories’ (CRL) Estimates Lowered
Thursday, February 11, 2010 - 11:20am | 132Cowen and Company (NASDAQ: COWN) has released an update on Charles River Laboratories (NYSE: CRL). The company reported PCS sales of $131 million in the fourth-quarter, a year-over-year decline of 21%, and $5 million below Cowen’s estimate. According to the management at Charles River...
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Credit Suisse Confident About Outlook For 2010 (CS, GS, DB)
Thursday, February 11, 2010 - 8:48am | 173Credit Suisse Group AG (ADR) (NYSE: CS) has reported results for Q4. The bank posted a profit for the fourth straight quarter. Credit Suisse has had a strong start to 2010, and remains bullish about the outlook for the remaining year. “We are confident about our prospects for 2010,” Brady Dougan...
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NVIDIA Corporation (NVDA) Launches New Notebook Graphic Technology
Wednesday, February 10, 2010 - 4:43pm | 148Analysts Hans Mosesmann and Andrew Banish at Raymond James (NYSE: RJF) have released an update on the new notebook graphic technology, Optimus, by NVIDIA Corporation (NASDAQ: NVDA). The new technology will make graphics workload transitions more transparent to the user, and lead to a significant...
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Top Performing Industries For February 11 (DGSE, OLCB, CTRP, SF, EVBS)
Wednesday, February 10, 2010 - 4:03pm | 232With Greece likely to receive help from Europe in tackling its debts, the markets seem to have stabilized somewhat. S&P 500 has gained 0.17% so far today, with the following industries showing strength: Jewelry Stores: This industry added 2.59% by 2:06 p.m. ET. DGSE Companies Inc (AMEX: DGSE),...
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Ultimate Software Group, Inc.’s (ULTI) Fourth-Quarter Review
Wednesday, February 10, 2010 - 2:44pm | 206Analyst Terry Tillman at Raymond James (NYSE: RJF) has released an update on Ultimate Software Group, Inc. (NASDAQ: ULTI). The company has reported results for the fourth-quarter. Ultimate Software Group posted recurring revenue of $35.7 million, a 24% year-over-year increase, but below Raymond...
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Post Properties, Inc. (PPS) Maintains A Market Perform Rating
Wednesday, February 10, 2010 - 2:39pm | 253Analysts at Raymond James (NYSE: RJF) have maintained a Market Perform rating for Post Properties, Inc. (NYSE: PPS). The company reported results for the fourth-quarter on Monday. Post Properties, Inc. reported FFO of $0.17 per share, which included $8.5 million of previously announced debt...
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Lions Gate Entertainment Corp.’s (LGF) Third-Quarter Review
Wednesday, February 10, 2010 - 2:34pm | 136Analysts at Morgan Stanley (NYSE: MS) have released a report reviewing the third-quarter at Lions Gate Entertainment Corp. The company reported mixed results for the third-quarter. The company reported revenue of $371.8 million for the third-quarter, which beat analysts’ estimate by $34 million....
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TD Ameritrade Moving On High Volume (AMTD)
Wednesday, February 10, 2010 - 1:19pm | 90Shares of TD Ameritrade (NASDAQ: AMTD) are surging on high volume today. The stock has climbed 4.16% to $17.29 so far during the trading session. Buying has been going on all day, as this stock opened at $16.58. The only news out in TD Ameritrade (AMTD) is that executives are speaking at the...