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Earnings Preview: Jabil - Analyst Blog
Thursday, June 17, 2010 - 12:18pm | 862A premier global supplier of electronic manufacturing services (EMS) and solutions, Jabil Circuit, Inc. (JBL) is set to announce its third quarter 2010 results on June 22. During the second quarter conference call, Jabil provided its third quarter earnings guidance. The company expects net...
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Portfolio Manager Recommends Medco And Unilever (MHS, UL)
Thursday, June 17, 2010 - 11:49am | 129GDP growth is expected to remain lower than anticipated. This view has been voiced by Sarat Sethi, partner and portfolio manager at Douglas C. Lane & Associates. In an interview with CNBC, he advised investors to avoid Industrials and commodity stocks. He added, “Even if the economy improves,...
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Quad Witches Brew 06-16-2010
Wednesday, June 16, 2010 - 6:45pm | 817Cusick’s Corner The market held its ground into the close in the face of the EU’s continued debt concerns (Spain and Portugal) and the quickly approaching “quad witching”. With the amount of data due out over the next couple of days, CPI and Claims out in the pre-market, it is best to keep your...
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Benzinga’s Top Pre-Market Losers (GXDX, ARMH, AIXG, RBCN)
Wednesday, June 16, 2010 - 8:56am | 146Genoptix Inc (NASDAQ: GXDX) tumbled 15.08% to $19.43 in the pre-market session. GXDX has issued lower-than-expected guidance for Q2 earnings and revenue. ARM Holdings plc (NASDAQ: ARMH) lost 3.88% to $12.62 in the pre-market session. Markets were speculating that Apple (NASDAQ: AAPL) would bid for...
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Goldman Updates 2013 EPS Estimate for Express Scripts
Friday, June 11, 2010 - 1:19pm | 77Goldman Sachs updated its 2013 earnings-per-share estimates for Express Scripts, Inc. (NASDAQ: ESRX) today, maintaining its Buy Rating. The analysts appeared not to view the change as very substantive, as they held to their investment thesis, rating and price target. Goldman's revised 2013 EPS...
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Benzinga’s Top Pre-Market Losers (VPRT, AMED, SOHU, SBAC)
Friday, June 11, 2010 - 8:35am | 170Vistaprint NV (NASDAQ: VPRT) tumbled 9.20% to $44 in the pre-market session. VPRT has announced the "Make an Impression® Contest," providing US-based micro businesses with a chance of telling their story and also winning a unique prize worth $10,000. Amedisys Inc (NASDAQ: AMED) lost 6.24% to $43 in...
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Plexus Reaffirms at Investor Day - Analyst Blog
Thursday, June 10, 2010 - 3:12pm | 623At the 2010 investor day, Plexus Corp. (PLXS), an engineering-focused EMS player and a leading provider of electronic manufacturing services (EMS) to original equipment manufacturers (OEMs), reaffirmed its outlook for the third quarter of fiscal 2010. Plexus expects to meet its third-quarter...
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IPC Gets Subpoenaed; Jefferies Doesn't Care, Reiterates Buy (IPC)
Thursday, June 10, 2010 - 12:04pm | 187IPC The Hospitalist Co. (NASDAQ: IPCM) filed an 8-K yesterday, reporting it was subpoenaed by the US Attorney's Office for the Northern District of Illinois. Jefferies analysts Arthur Henderson, Brian Tanquilut, and Paxton Scott believe this is routine for companies who derive a substantial amount...
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Deutsche Bank On THC, ODSY
Wednesday, June 9, 2010 - 8:20am | 186Deutsche Bank analyst Darren Lehrich had these takeways from recent meetings with three health care providers in Dallas - Tenet Healthcare Corp. (NYSE: THC), Odyssey HealthCare, Inc (NASDAQ: ODSY), and United Surgical Partners International, Inc (private). Tenet Healthcare's recent stumble with...
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Jefferies Deems IPCM Cured, Upgrades to Buy
Tuesday, June 8, 2010 - 8:59am | 134Jefferies & Company analysts Arthur I. Henderson, Brian Tanquilut, and Paxton Scott have upgraded IPC The Hospitalist Co. (NASDAQ: IPCM) to Buy. The analysts believe IPCM has been oversold, and is now valued too low relative to its growth rate. They expect "volumes to pick up in 2H10 as recent...
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Top 5 NASDAQ Stocks In The Management Services Industry With The Highest Cash (ESRX, RECN, EXBD, CRAI, VTIV)
Tuesday, June 8, 2010 - 6:44am | 163Below are the top 5 management services stocks on the NASDAQ in terms of cash. Express Scripts Inc (NASDAQ: ESRX) had $1.44 billion of cash in the latest quarter, while its debt liabilities stood at $3.65 billion. Resources Connection Inc (NASDAQ: RECN) had $138.01 million of cash and no debt in...
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Express Sripts Flying Again (ESRX)
Monday, June 7, 2010 - 2:21pm | 165Shares of Express Scripts (NASDAQ: ESRX) have jumped 5.52% to $104.56 in today's trading session. The activity in the stock coincides with news that Walgreen Co. (NYSE: WAG) is ending its new pharmacy-benefit-management business with CVS Caremark (NYSE: CVS). According to analysts, this news could...
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Top Performing Industries For June 7 (MGOL.OB, HL, MHS, ESRX)
Monday, June 7, 2010 - 1:52pm | 254By 11:41 am, the Dow Jones Industrial Average had slipped 5.21 points, or 0.05%, to 9,930.23 and the broader Standard & Poor's 500 had fallen 0.14 points, or 0.01%. The Nasdaq composite index too was down after declining 15.26 points, or 0.69%. The industries that are helping the market keep...
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Healthcare Sector Investment Summary
Monday, June 7, 2010 - 12:37pm | 153Analysts at Jefferies are suggesting ‘Buys’ in healthcare service equities such as Express Scripts (NASDAQ: ESRX), Medco Health Solutions (NYSE: MHS), Amedisys (NASDAQ: AMED), Skilled Healthcare Group (NYSE: SKH) and Mednax (NYSE: MD) in face of high market volatility. Companies with significant...
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Merger Arbitrage Mondays – June 07, 2010
Monday, June 7, 2010 - 5:32am | 4760The activity on the Merger and Acquisition front increased once again last week with seven new deals announced and four deals closing. We are also happy to report the beta launch of a new tool that will let you see the spreads on deals in almost real time. This tool automatically calculates the...