-
Tyco International Ltd. (NYSE: TYC) climbs on better Outlook
Tuesday, November 10, 2009 - 10:00am | 99Tyco International Ltd. (NYSE: TYC) reported its third-quarter profit of $205 million and revenue fell to $4.42 billion. However, excluding one-time charges Tyco reported earnings from continuous operations of 44 cents a share versus 55 cents same period last year. Tyco also reported excellent...
-
Benzinga’s Top Pre- Market Gainers (LGF, BZH, TYC, MDCI)
Tuesday, November 10, 2009 - 9:47am | 132Lions Gate Entertainment Corp. (USA) (NYSE: LGF) rose 5.55% at $5.71 after reporting revenues for the second quarter at $88.9 million, an increase of 30% due to gains in domestic series licensing. Net income was $31.7 million or $0.26 a share. On average, analysts polled by Thomson Reuters I/B/E/S...
-
Tyco International posts FQ4 results
Tuesday, November 10, 2009 - 8:10am | 68Tyco International Ltd (NYSE: TYC) reported its FQ4 net income of $205 million, or $0.43 a share, vs consensus forecast of $0.52 per share. TYC’s quarterly net profits plummeted 53%, with weak economic environment adversely affecting the demand for the company’s construction and control products....
-
Industrials Continue To Look Good (XLI, UXI)
Monday, November 9, 2009 - 9:01pm | 169The ETF Professor recommended watching the Industrial Select Sector SPDR ETF (NYSE: XLI) for Monday's trading session and it was a good call as blue chip holdings such as Caterpillar (NYSE: CAT) and General Electric (NYSE: GE) helped lift the market higher. The Professor is a believer in the theme...
-
5 Small-Cap Stocks with Highest Cash Per Share (IBKR, FRE, SEB, MF, PNSN)
Monday, November 9, 2009 - 1:33pm | 182Below are interesting low-cap stocks on the NYSE and NASDAQ that have highest cash per share. Interactive Brokers Group Inc (NASDAQ: IBKR) has the cash per share of $567.31. IBKR has a market capitalization of $706.4 million. IBKR shares have declined by 20.17% over the past 52weeks. Freddie Mac (...
-
Stocks In The News (KFT, CBY, CMCSA, S, CLWR)
Monday, November 9, 2009 - 8:59am | 407The News world is abuzz today as investors get ready for the upcoming week. Here are the stocks that show up in the top stories this morning. Among the most talked about stocks in the market today are Kraft Foods (NYSE: KFT) and Cadbury (NYSE: CBY) . In the news today, Cadbury shares went up as...
-
Today’s Earnings Preview (FLR, MDR, MBI, SRE, TSO, DISH)
Monday, November 9, 2009 - 7:39am | 121Fluor Corporation (NEW) (NYSE: FLR) is projected to report third-quarter earnings of 90 cents a share. McDermott International (NYSE: MDR) is expected to report earnings of 40 cents a share in the third quarter. MBIA Inc. (NYSE: MBI) is forecast to report a third-quarter loss of 70 cents a share...
-
Professor Reiterates Bearish View On Preferred ETFs
Friday, November 6, 2009 - 4:23pm | 180On Tuesday, the ETF Professor told you to take a pass on or short the PowerShares Financial Preferred ETF (NYSE: PGF), which holds preferred shares of Bank of America (NYSE: BAC), J.P. Morgan Chase (NYSE: JPM) and MetLife (NYSE: MET). Given that the Professor was among the first to make this, he...
-
General Electric Company (NYSE:GE) Shows Interesting Open Interest
Wednesday, November 4, 2009 - 11:35am | 83General Electric Company (GE) maintains a high rating among analysts, General Electric is trading a just over $14 in today’s session but is due to for a substantial rally before this year ends. Open interest stands at over 5 million contracts. Eyeing the $17-$20 level,General Electric’s implied...
-
General Electric Company (NYSE:GE) Remains Among Top Rated Stocks
Tuesday, November 3, 2009 - 1:49pm | 70General Electric Company (GE) maintains a high rating among analysts, General Electric is trading around $14 in today’s session but is due to for a substantial rally before this year end. General Electric’s implied volatility also suggests that the stock can move back up and at least test the $17...
-
Comcast Closer To Controlling GE's NBC Universal
Monday, November 2, 2009 - 3:40am | 96The New York Times reported that Comcast Corp (Nasdaq: CMCSA) and General Electric Co (NYSE: GE) are closing in on a deal to give Comcast a 51% stake in NBC Universal. An announcement of the Comcast - General Electric deal could be in the coming week. GE currently owns 80% of NBC Universal, would...
-
CNBC's David Faber Says The Comcast, GE's NBC Deal Is Still On Track
Friday, October 30, 2009 - 10:21am | 72CNBC's David Faber says the Comcast (Nasdaq: CMCSA) - General Electric's (NYSE: GE) NBC Universal deal is still on track. Yesterday, we noted that there were some issues that were holding up the deal. Faber said that both Comcast and GE are doing due diligence on valuations, but the deal for...
-
Comcast, General Electric Work To Iron Out Key Issues in NBC Deal
Friday, October 30, 2009 - 6:59am | 111Comcast (Nasdaq: CMCSA), General Electric (NYSE: GE) are currently working on finding solutions to several outstanding issues in the NBC deal. While insiders are still saying that an agreement will be reached to give Comcast a 51% stake in the NBC Universal venture. Investment bankers are...
-
General Electric and Comcast Being Held Up For Various Issues
Thursday, October 29, 2009 - 3:59pm | 25General Electric (GE) and Comcast (CMCSA) deal is reportedly being held up for various reasons.
-
GDP Growth Rally Stocks In Wall Street (BA, CVX, CAT, JPM, MMM, TRV, WMT, PG, XOM, BP, RDS.A)
Thursday, October 29, 2009 - 3:06pm | 216Investors Sold off shares on Wednesday with expectation of poor GDP numbers. They pleasantly surprised to find that the GDP grew at an annualized rate of 3.5%, better than the 3.2% that analysts expected. These numbers show that recovery is on track and will continue to heal. As a result of the...