-
The 'Newest' Small Caps on the Block (NCI, CATM)
Tuesday, March 1, 2011 - 1:37pm | 989The relentless push higher by stocks has many an analyst scratching his or her head right now. They can scratch away, because the bottom line is this: companies continue to beat earnings expectations. There's no way around that simple fact - so the market...
-
PRGX Global Moves 11% Higher (PRGX)
Tuesday, March 1, 2011 - 11:21am | 107Shares of PRGX Global Inc. (NASDAQ: PRGX) are rocketing higher this morning after the company announced Q4 earnings that beat the Street estimate by $0.09. Revenues also came in ahead of estimates, at $50.3 million versus $49.6 million. Revenues increased 1.6% year over year. Shares are currently...
-
Morning Market Movers (NVAX, SONS, PRGX, BSET)
Tuesday, March 1, 2011 - 11:02am | 134Novavax Inc (NASDAQ: NVAX) jumped 28.85% to $3.35 at 10:00 am. NVAX licensed its recombinant virus-like-particle (VLP) vaccine technology to LG Life Sciences Ltd. Sonus Networks Inc (NASDAQ: SONS) shares advanced 25.74% to $3.81. SONS reported better-than-expected Q4 results and issued upbeat 2011...
-
FTI Consulting Acquires Certain Practices of LECG Corporation
Tuesday, March 1, 2011 - 8:32am | 47FTI Consulting, Inc. (NYSE: FCN) today announced that it has acquired the International Arbitration and Airline Competition practices of LECG Corporation (Nasdaq: XPRT). The terms of the transactions were not disclosed.
-
UPDATE: Oppenheimer Raises PT on Mobile Mini to $28 (MINI)
Tuesday, March 1, 2011 - 8:31am | 95Oppenheimer is out with its report today on Mobile Mini (NASDAQ: MINI), raising its PT from $25 to $28. In a note to clients, Oppenheimer writes, "We're reiterating our Outperform rating and increasing our price target to $28 from $25. MINI remains on track to leverage a demand rebound over 2011-...
-
Option Strategies to Consider When Implied Volatility Relatively Low 02-28-2011
Monday, February 28, 2011 - 7:57pm | 852Cusick's Corner The grind continues. If you are bullish and either raised cash from taking profits or just have some capital on the sidelines, what strategies could you consider? First take a look at implied volatility by going to the oX Volatility View and Chains. Overall market volatility is...
-
Are There Any More Surprises? 02-28-2011
Monday, February 28, 2011 - 4:03pm | 879Cusick's Corner This market is no surprise, continuing to grind to the upside in the face of escalating tensions in the Mid-East. This situation gave some longs the out and a way to take short-term profits. But many did not abandon their upside resolve, as we saw last week, and increased options...
-
Puts Purchased on Copart, Inc. (CPRT)
Monday, February 28, 2011 - 3:38pm | 148Shares of Copart, Inc. (NASDAQ: CPRT) are higher on the session by 0.34%, currently trading at $41.33. The stock has been moving largely higher over the past six months and is currently trading above the 50-day and 200-day moving averages. Options traders are buying puts on the name today. A short...
-
Top Narrow Based Indexes For February 28 (MINI, TREX, BLDP)
Monday, February 28, 2011 - 11:53am | 186By 10:50 am, the Dow Jones Industrial Average was up 90.70 points, or 0.75%, to 12,221.15, while the broader Standard & Poor's 500 index had gained 7.74 points, or 0.59%. The NASDAQ composite index rose 8.52 points, or 0.31%. Some of the narrow based indexes that are driving the markets are...
-
NASDAQ Stocks Hitting 52-Week Highs (OPXT, MINI, SIMO, WASH)
Monday, February 28, 2011 - 11:26am | 140Opnext Inc (NASDAQ: OPXT) shares reached $4.33 to create a new 52-week high, before falling to $4.31, representing a 3.36% gain. OPXT shares have surged 104.41% over the past 52 weeks, while the S&P 500 index has gained 19.50% in the same period. Mobile Mini Inc (NASDAQ: MINI) shares gained 4....
-
Mobile Mini Reports Q4 EPS of $0.18 vs. $0.17
Monday, February 28, 2011 - 8:50am | 36Mobile Mini, Inc. (NASDAQ: MINI) today reported non-GAAP financial results for the fourth quarter ended December 31, 2010. Total revenues were $87.4 million; Net income was $7.8 million or $0.18 per diluted share.
-
Mobile Mini Reports Q4 EPS of $0.18
Monday, February 28, 2011 - 8:41am | 56Mobile Mini (NASDAQ: MINI) reports its Q4 EPS at $0.18, versus the consensus of $0.17. MINI reports its Q4 revenue at $87.4 million, versus the consensus of $87.11 million. MINI shares gained 3.01% to close at $21.88 on Friday. Read more from Benzinga's Company news.
-
Oppenheimer Comments On FTI Consulting Following Earnings Report
Monday, February 28, 2011 - 8:38am | 132FTI Consulting (NYSE: FCN) delivered adj'd 4Q10 EPS of $0.56 vs. Oppenheimer's estimate/consensus of $0.57/$0.54. Reported EPS was $0.23, which included a $0.33/sh brand consolidation charge. Revenue of $356M topped Oppenheimer's estimate/consensus of $345M/$348M. Operationally, the quarter was...
-
Top 4 Stocks In The Research Services Industry With The Highest ROE (GPRO, MYGN, ACTG, FORR)
Monday, February 28, 2011 - 2:36am | 140Below are the top research service stocks on the NYSE and the NASDAQ in terms of return on equity. The trailing-twelve-month return on equity at Acacia Research Corporation (NASDAQ: ACTG) is 49.73%. ACTG's profit margin for the same period is 25.00%. The trailing-twelve-month return on equity at...
-
Goldman Sachs Initiates Copart at Buy (CPRT)
Friday, February 25, 2011 - 10:05am | 109Goldman Sachs is out with its report today on Copart (NASDAQ: CPRT), initiating CPRT at Buy. In a note to clients, Goldman Sachs writes, "We initiate coverage with a Buy rating, as we believe accelerating revenues associated with a key business win (Allstate) and cyclical recovery are likely to...