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Earnings Scheduled For March 17 (ATU, NWY, CMRG, NKE, CDCS, LULU, FDX, WGO, ROST, CPWM, SCVL, DLIA)
Thursday, March 17, 2011 - 1:32am | 351Actuant Corporation (NYSE: ATU) is expected to report its Q2 EPS at $0.30 on revenue of $328.18 million. New York & Company Inc (NYSE: NWY) is estimated to report its Q4 earnings at $0.17 per share on revenue of $302.81 million. Casual Male Retail Group Inc (NASDAQ: CMRG) is projected to post...
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Stocks To Watch For March 17 (ROST, FDX, GES, NKE, WGO)
Thursday, March 17, 2011 - 1:25am | 288Some of the stocks that may grab investor focus today are: Wall Street expects Ross Stores Inc (NASDAQ: ROST) to report its Q4 earnings at $1.37 per share on revenue of $2.12 billion. ROST shares fell 0.99% to close at $69.15 yesterday. Analysts are expecting FedEx Corporation (NYSE: FDX) to...
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ETFs To Watch March 17, 2011 (CZI, EZJ, TMF, VNM)
Wednesday, March 16, 2011 - 9:07pm | 228Here is the ETF Professor's ETF Watch List for Thursday March 17, 2011. FedEx (NYSE: FDX) earnings play: iShares Dow Jones Transportation Average (NYSE: IYT). The Nasdaq looks to be in the worst shape of the major indexes, so trade the ProShares UltraShort QQQ (NYSE: QQQ). For the ultra brave...
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Bears Come Out of Hibernation 03-16-2011
Wednesday, March 16, 2011 - 2:12pm | 1042Cusick's Corner If you are a Bear then you have come out of hibernation. The data, PPI and Housing, were worse than expected. Earlier today an EU atomic expert made a statement that the situation in Japan is “out of control”. The headlines and data put this market on alert and rightfully so. This...
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Options Brief: FedEx Corporation (FDX)
Wednesday, March 16, 2011 - 10:03am | 92Shares of FedEx Corporation (NYSE: FDX) are lower on the session by 1.49%, trading at $86.36. Overall call volume is now running at 2.23x the daily average, with 34% of all calls traded being purchases on the offer. 14,756 contracts have traded on the session so far. FedEx Corporation is a...
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Goldman Sachs Suggests Buying Calls on FedEx Corporation (FDX)
Wednesday, March 16, 2011 - 8:43am | 159Goldman Sachs is out with a research note this morning, where it suggests that traders buy calls on FedEx Corporation (NYSE: FDX) to position for a rebound in growth expectations. The analysts noted that they continue to recommend buying the FDX April $90 calls ahead of earnings on March 17th, as...
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FedEx To Report 3Q Earnings On 3/17, Sterne Agee Maintains Buy
Wednesday, March 16, 2011 - 8:08am | 174Sterne Agee has published a research report on FedEx Corporation (NYSE: FDX) in anticipation of the company's 3Q earnings report scheduled for Thursday, March 17. In the report, Sterne Agee writes "our industry contacts tell us 1Q (Fiscal 3Q for FDX) was a better volume and pricing quarter than...
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Morgan Keegan Gives Earnings Preview On FedEx
Wednesday, March 16, 2011 - 6:27am | 143FedEx Corporation (NYSE: FDX) is scheduled to report fiscal Q3:11 earnings on Thursday, March 17. Morgan Keegan expects earnings of $0.85 for the quarter, inline with the company's guidance range of $0.70 to $0.90 per share. Fuel prices have moved higher since the company tweaked its Q3 guidance...
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FedEx Corp. Board of Directors to Propose Charter Amendment to Give Shareowners Right to Call Special Meetings
Tuesday, March 15, 2011 - 3:00pm | 67The Board of Directors of FedEx Corporation (NYSE: FDX) will submit to shareowners a proposal to amend FedEx's certificate of incorporation to allow holders of 20 percent or more of FedEx's common stock to call a special meeting of shareowners, subject to certain customary conditions. Currently,...
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Piper Jaffray Issues FedEx F3Q11 Preview (FDX)
Tuesday, March 15, 2011 - 7:03am | 114Piper Jaffray has issued a preview of FedEx's (NYSE: FDX) F3Q11 EPS, which will be officially reported on Thursday, 3/17. In the preview Piper Jaffray reports, "We believe investors' focus will be on (1) F4Q11 EPS guidance given FDX already downside pre-reported F3Q11 (2/14) due to weather and...
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Jefferies Has Buy On FedEx (FDX)
Tuesday, March 15, 2011 - 6:33am | 262Jefferies & Co. has a Buy rating and a $112 price target on shares of FedEx (NYSE: FDX). In a note to investors, Jefferies writes, "Recall FDX traded up 4.6% in the days following the widely-expected pre-report in mid-February, a dynamic that we attributed to the fact that oil had trended...
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Deutsche Bank Maintains Buy Rating and $133 PT On FDX
Monday, March 14, 2011 - 7:38am | 129In a report by Deutsche Bank, although the EPS estimate has been lowered, FedEx's (NYSE: FDX) Price Target and Rating have remained unchanged. In the report Deutsche Bank writes, “FDX remains Buy-rated as we continue to see strong earnings upside in FY2012 as near-term cost headwinds moderate....
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Deutsche Bank Lowers PT On FedEx To $133
Monday, March 14, 2011 - 6:24am | 29Deutsche Bank has lowered the price target on FedEx Corporation (NYSE: FDX) from $136 to $133 and maintains its Buy rating.
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Transports Get Resuscitated
Tuesday, March 8, 2011 - 10:55am | 221The Dow Jones Transportation Index has been one of the most volatile indexes that we have seen in quite some time. This index is followed by many investors as a sign of economic expansion and growth. If someone looks at a recent daily chart of the transportation index the chart resembles a...
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ParkOhio Reports Q4 EPS of $0.30 vs. $0.29
Monday, March 7, 2011 - 4:53pm | 104Park-Ohio Holdings Corp. (Nasdaq: PKOH) today announced results for its fourth quarter and year ended December 31, 2010. Net sales were $220.5 million for fourth quarter 2010, an increase of 17% from net sales of $187.8 million for fourth quarter 2009. Net income for the fourth quarter of 2010...