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3M Beats EPS Estimates By 1 Cent (MMM)
Tuesday, January 25, 2011 - 8:43am | 2403M Company (NYSE: MMM) released financial results on Tuesday morning that barely beat Wall Street estimates. 3M Company announced that its 4th quarter net income fell to $928 million, or $1.28 per share, down from $935 million, or $1.30 per share, a year earlier. 3M Company reported revenue of $6....
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HSBC Downs PHG To Neutral
Tuesday, January 25, 2011 - 6:54am | 41Analysts at HSBC downgrade Koninklijke Philips Electronics NV (NYSE: PHG) from “overweight” to “neutral.” PHG shares dipped 5.38% to close at $31.64 yesterday. More Analyst Ratings here
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Earnings Scheduled For January 25 (MMM, YHOO, VZ, JNJ, KMB, JNPR, GILD, DD, NSC, COH, AKS, BLK, TRV, ALTR, DV)
Tuesday, January 25, 2011 - 3:51am | 3873M Co (NYSE: MMM) is expected to report its Q4 earnings at $1.27 per share on revenue of $6.62 billion. Yahoo Inc (NASDAQ: YHOO) is projected to report its Q4 EPS at $0.22 on revenue of $1.19 billion. Verizon (NYSE: VZ) is forecast to post its Q4 earnings at $0.55 per share on revenue of $26.47...
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Neutral on Motorola Solutions - Analyst Blog
Monday, January 24, 2011 - 3:01pm | 478We initiate coverage on Motorola Solutions Inc. (MSI) with a Neutral recommendation. Motorola Solutions is a market leader in the lucrative Public Safety market. Several industry researchers estimate that the market size of Public Safety may reach $6.5 billion in 2014. Most of the products of...
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Neutral on Motorola Solutions - Analyst Blog
Monday, January 24, 2011 - 2:37pm | 478We initiate coverage on Motorola Solutions Inc. (MSI) with a Neutral recommendation. Motorola Solutions is a market leader in the lucrative Public Safety market. Several industry researchers estimate that the market size of Public Safety may reach $6.5 billion in 2014. Most of the products of...
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Calls Purchased on Tyco International (TYC)
Monday, January 24, 2011 - 1:20pm | 130Shares of Tyco International (NYSE: TYC) are higher on the session by 0.26%, currently trading at $44.54. The stock has been moving largely higher over the past five months and it is currently trading above the 50-day and 200-day moving averages. Options traders are buying calls on the name today....
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Meridian Misses on Lower Flu Sales - Analyst Blog
Monday, January 24, 2011 - 12:31pm | 779Diagnostic test kit maker Meridian Bioscience (VIVO) reported disappointing first quarter fiscal 2011 (ended December 31) results with earnings of 15 cents per share trailing the Zacks Consensus Estimate of 19 cents and the year-ago earnings of 22 cents per share. Profit plummeted 32% year over...
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Meridian Misses on Lower Flu Sales - Analyst Blog
Monday, January 24, 2011 - 12:15pm | 779Diagnostic test kit maker Meridian Bioscience (VIVO) reported disappointing first quarter fiscal 2011 (ended December 31) results with earnings of 15 cents per share trailing the Zacks Consensus Estimate of 19 cents and the year-ago earnings of 22 cents per share. Profit plummeted 32% year over...
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Stock Market News for Jan 24, 2011 - Market News
Monday, January 24, 2011 - 11:07am | 735Strong upbeat earnings results of General Electric (NYSE:GE) helped industrial stocks rise and markets rose modestly, ignoring disappointing earnings reports of other companies. The Dow Jones Industrial Average gained 0.4% to end at 11,871.84. The S&P 500 was up 0.20%, or 3.09 points, to...
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ArcLight Teams With GE and Singapore's GIC to Form Largest Fully Independent Power Producer in US Southeast
Monday, January 24, 2011 - 10:33am | 134ArcLight Capital Partners, LLC , GE Energy Financial Services, a unit of GE (NYSE: GE), and the Government of Singapore Investment Corporation Pte Ltd announced today they have agreed to become partners in five Georgia natural gas-fired power plants that together make up the largest fully...
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Philips in Good Stead - Analyst Blog
Monday, January 24, 2011 - 10:31am | 525Royal Philips Electronics(PHG) posted revenues of €7.4 billion ($10 billion) for the fourth quarter of 2010 with earnings per share at €0.49 (66 cents). Healthcare sales increased by 2% and were helped by robust performance at Home Healthcare Solutions but tempered by weak performance at...
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Stock Market News for Jan 24, 2011 - Market News
Monday, January 24, 2011 - 10:15am | 735Strong upbeat earnings results of General Electric (NYSE:GE) helped industrial stocks rise and markets rose modestly, ignoring disappointing earnings reports of other companies. The Dow Jones Industrial Average gained 0.4% to end at 11,871.84. The S&P 500 was up 0.20%, or 3.09 points, to...
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General Electric Shows Recovery, Reassures Investors
Monday, January 24, 2011 - 10:09am | 218Sterne Agee has published a research report on General Electric Company (NYSE: GE) after the company showed that growth recovery will not be exclusively aided by financial services, as the industrial sector is beginning to resurface. In the report, Sterne Agee writes "It wasn't that GE's 4Q10 EPS...
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General Electric Shows Recovery, Reassures Investors
Monday, January 24, 2011 - 10:09am | 218Sterne Agee has published a research report on General Electric Company (NYSE: GE) after the company showed that growth recovery will not be exclusively aided by financial services, as the industrial sector is beginning to resurface. In the report, Sterne Agee writes "It wasn't that GE's 4Q10 EPS...
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Philips in Good Stead - Analyst Blog
Monday, January 24, 2011 - 10:00am | 525Royal Philips Electronics(PHG) posted revenues of €7.4 billion ($10 billion) for the fourth quarter of 2010 with earnings per share at €0.49 (66 cents). Healthcare sales increased by 2% and were helped by robust performance at Home Healthcare Solutions but tempered by weak performance at...