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NRG Energy in JV for New Technology - Analyst Blog
Monday, January 31, 2011 - 9:45am | 742Three big energy companies, NRG Energy Inc. (NRG), General Electric Co. (GE), and ConocoPhillips (COP), have entered into a joint venture to invest in projects that would foster newer developments and research in paradigm shifting energy technology. The three companies jointly pooled in $300...
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ZOLL Posts Mixed 1Q Results - Analyst Blog
Friday, January 28, 2011 - 7:31pm | 611Resuscitation devices maker ZOLL Medical (ZOLL) reported first-quarter fiscal 2011 (ended January 2) earnings of 18 cents per share, beating the Zacks Consensus Estimate of 16 cents and surpassing the year-ago earnings of 11 cents. Profit catapulted 69% year over year to $3.9 million, boosted by...
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Stocks Battle Back 01-25-2011
Friday, January 28, 2011 - 7:24pm | 929Cusick's Corner Global Growth, Inflation and the Confidence of the Consumer all came into play this afternoon, and in the end the market bounced back as it has all to often the last three months. This further highlights that 2011 is going to be a market timer type of market. If you are not a...
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optionsXpress Will Ring Opening Bell at NASDAQ 01-25-2011
Friday, January 28, 2011 - 7:19pm | 928Cusick's Corner I just landed in NYC for optionsXpress' 10th Anniversary and tomorrow's Bell Ringing Ceremony with customers at the NASDAQ Market Site. The market started off weak, news that the UK's economy contracted in the 4th Quarter also revived some concerns over Spanish Banks. The Dollar is...
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Tyco Outperforms Estimate - Analyst Blog
Friday, January 28, 2011 - 7:01pm | 918Tyco International Ltd. (TYC) reported first quarter 2011 earnings per share from continuing operations of 75 cents, beating the Zacks Consensus Estimate of 68 cents. The company's earnings increased by 17% on a year-over-year basis, driven by continued improvement in Tyco's end markets. Total...
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ZOLL Posts Mixed 1Q Results - Analyst Blog
Friday, January 28, 2011 - 7:00pm | 611Resuscitation devices maker ZOLL Medical (ZOLL) reported first-quarter fiscal 2011 (ended January 2) earnings of 18 cents per share, beating the Zacks Consensus Estimate of 16 cents and surpassing the year-ago earnings of 11 cents. Profit catapulted 69% year over year to $3.9 million, boosted by...
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Tyco Outperforms Estimate - Analyst Blog
Friday, January 28, 2011 - 6:22pm | 918Tyco International Ltd. (TYC) reported first quarter 2011 earnings per share from continuing operations of 75 cents, beating the Zacks Consensus Estimate of 68 cents. The company's earnings increased by 17% on a year-over-year basis, driven by continued improvement in Tyco's end markets. Total...
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Stock Market News for Jan 28, 2011 - Market News
Friday, January 28, 2011 - 11:01am | 1265Technology stock earnings results helped the markets close higher on Thursday's trade after mixed economic data failed to push the markets up to new highs. The Dow fell from the psychological 12,000 mark it had touched Wednesday, the highest since June 2008. The Dow Jones Industrial Average rose...
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J.P. Morgan Raises Price Target on Tyco International (TYC)
Friday, January 28, 2011 - 10:33am | 157J.P. Morgan is out with a research report this morning, where it reiterates its Overweight rating on Tyco International (NYSE: TYC); it has a $52.00 price target on the stock, up from $50.00. The JPM analysts cited the company's earnings release, which highlighted the potential pent up earnings...
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Stock Market News for Jan 28, 2011 - Market News
Friday, January 28, 2011 - 10:33am | 1265Technology stock earnings results helped the markets close higher on Thursday's trade after mixed economic data failed to push the markets up to new highs. The Dow fell from the psychological 12,000 mark it had touched Wednesday, the highest since June 2008. The Dow Jones Industrial Average rose...
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Earnings Preview: Illinois Tool - Analyst Blog
Friday, January 28, 2011 - 10:01am | 844Illinois Tool Works Inc. (ITW) is slated to release its fourth quarter and fiscal year 2010 results on Monday, January 31. The current Zacks Consensus Estimate for earnings per share (EPS) is 80 cents, representing an annualized growth of 29.60%. With respect to earnings surprises, over the...
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Earnings Preview: Illinois Tool - Analyst Blog
Friday, January 28, 2011 - 9:45am | 844Illinois Tool Works Inc. (ITW) is slated to release its fourth quarter and fiscal year 2010 results on Monday, January 31. The current Zacks Consensus Estimate for earnings per share (EPS) is 80 cents, representing an annualized growth of 29.60%. With respect to earnings surprises, over the...
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JP Morgan Raises PT On Tyco International To $52
Friday, January 28, 2011 - 9:32am | 27JP Morgan has raised the price target on Tyco International (NYSE: TYC) from $50 to $52 and maintains its Overweight rating.
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Argus Upgrades General Electric to Buy
Friday, January 28, 2011 - 9:22am | 25Argus is upgrades General Electric (NYSE: GE) from Hold to Buy. The price target of $26 is maintained.
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Standex Reports Q2 EPS of $.71
Friday, January 28, 2011 - 9:17am | 74Standex International Corporation (NYSE: SXI) today reported financial results for the second quarter of fiscal 2011 ended December 31, 2010. Net sales increased 12% to $155.5 million from $138.9 million in the second quarter of fiscal 2010. Net income from continuing operations was $9.1 million...