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Earnings Scheduled For July 25
Monday, July 25, 2011 - 4:42am | 459Kimberly Clark Corp (NYSE: KMB) is expected to report its Q2 earnings at $1.15 per share on revenue of $5.13 billion. Broadcom Corp (NASDAQ: BRCM) is estimated to post its Q2 earnings at $0.63 per share on revenue of $1.80 billion. Baker Hughes Incorporated (NYSE: BHI) is expected to report its...
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Rodman & Renshaw Reiterates Market Outperform and PT of $5.50 on China North East Petroleum Holdings
Monday, July 25, 2011 - 3:49am | 52Rodman & Renshaw reiterated its Market Outperform rating on China North East Petroleum Holdings (NYSE: NEP). At the same time, the rating agency left its price target on the company's stock unchanged at $5.50. On Friday, NEP lost 0.6% of its value to finish the week at $3.32.
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Stocks to Watch This Week and Potential Trades to Make
Sunday, July 24, 2011 - 11:19pm | 1119Below is a list of several stocks to watch this week. Each week I publish stocks to watch for the upcoming week as potential momentum trades or longer-term investments. The stocks below all have a 50k minimum average daily share volume and traded at a 52-week high on strong volume, with a...
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Markets Cautious - DC on Hot Seat over Weekend 07-22-2011
Friday, July 22, 2011 - 6:54pm | 844Cusick's Corner Today's session was rather mixed and stuck to a small range. Tech led today, so the NASDAQ showed up the Dow and SPX. However, all the major averages ended the week higher. Trading was cautious due to the continuing uncertainty about the deadlock over the August 2nd deadline to...
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Vol Drops, Heat Still Up 07-22-2011
Friday, July 22, 2011 - 3:05pm | 978Cusick's Corner Earnings and the debt talks remain in focus. CAT earnings failed to impress which is helping to dampen this market. It's hot in DC right now but tempers could get even hotter this weekend if there's no debt deal. Some traders may lack faith in any debt deals being made anytime...
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Zimmer Holdings Earnings Preview: Analyts Expect Flat Earnings, Revenue from Prior Quarter
Friday, July 22, 2011 - 1:11pm | 557Zimmer Holdings (NYSE: ZMH) announces its next round of earnings this Wednesday, July 27, 2011. Get prepared with Benzinga's ultimate preview for Zimmer Holdings' second quarter earnings. Earnings and Revenue: Analysts are predicting an EPS reading of $1.19 per share and revenues of $1.13...
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Thermo Fisher Scientific Earnings Preview: Analyts Expect Higher Earnings, Revenue from Prior Quarter
Friday, July 22, 2011 - 1:11pm | 559Thermo Fisher Scientific (NYSE: TMO) announces its next round of earnings this Wednesday, July 27, 2011. Here's Benzinga's essential guide to Thermo Fisher Scientific's second quarter earnings report. Earnings and Revenue: Analysts are predicting an EPS reading of 98 cents per share and...
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Calls Purchased on Boston Scientific
Friday, July 22, 2011 - 10:36am | 111Shares of Boston Scientific (NYSE: BSX) are lower on the session by 0.28%, currently trading at $7.06. The stock has been moving largely higher over the past three months and is currently trading above the 200-day moving average. Options traders are buying calls on the name today. A short while...
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Citi Reiterates Hold and PT of $105 on C.R. Bard
Friday, July 22, 2011 - 9:30am | 56Citi reiterated its Hold rating on C.R. Bard (NYSE: BCR). At the same time, the rating agency left its price target on the company's stock unchanged at $105. On Thursday, BCR closed the day at $112.71. Its shares lost 8.16% of their value in today's pre-market trading to stand around $103.51.
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J.P. Morgan Raises EPS Forecast On Baxter Intl
Friday, July 22, 2011 - 9:25am | 86According to J.P. Morgan, Baxter Intl (NYSE: BAX) reported strong 2Q results Thursday morning, with sales of $3.536B (+10.7% reported, +7.2% organic) coming in $159M above consensus and $131M better than the estimate. J.P. Morgan said that top-line results were aided by currency (+$50M more than...
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China North East Petroleum Q2 Prelim Crude Oil Production 160,600 Barrels
Friday, July 22, 2011 - 8:32am | 190China North East Petroleum Holdings (NYSE: NEP) today announced preliminary second quarter 2011 oil production results and second quarter 2011 drilling results for its oil drilling and service subsidiary, Tiancheng. The Company's crude oil production for the 2011 second quarter was 160,600 barrels...
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UPDATE: Morgan Stanley Raising Price Target On Baxter International
Friday, July 22, 2011 - 8:28am | 173Morgan Stanley is out with a research report on Baxter International (NYSE: BAX) and is raising its price target to $63, and it has an Overweight rating. In a note to clients, Morgan Stanley writes, "This was another strong quarter with improving margins and EPS growth increases visibility on...
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J.P. Morgan Maintains Underweight on Edwards Lifesciences
Friday, July 22, 2011 - 8:15am | 104J.P. Morgan is out with its report today on Edwards Lifesciences (NYSE: EW), maintaining Underweight. In a note to clients, J.P. Morgan writes, "We view TAVI as one of the most exciting opportunities in MedTech over the next decade, with WW sales projected to approach $2.3B by 2015. Edwards is...
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Benzinga's Top Pre-Market Losers
Friday, July 22, 2011 - 7:56am | 100CR Bard Inc (NYSE: BCR) dipped 6.08% to $105.86 in the pre-market session. BCR reported its Q2 net sales at $725.0 million. News Corporation (NASDAQ: NWSA) dropped 1.82% to $16.18 in the pre-market trading. NWSA's trailing-twelve-month ROA is 5.47%. Reynolds American Inc (NYSE: RAI) moved down 0...
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J.P. Morgan Maintains Neutral on C.R. Bard
Friday, July 22, 2011 - 7:47am | 112J.P. Morgan is out with its report today on C.R. Bard (NYSE: BCR), maintaining Neutral. In a note to clients, J.P. Morgan writes, "We view Bard as an attractive mix of assets, with a sustainable longer term growth profile of 5-6% on the top line and 10-11% on the bottom line. From this base rate,...