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UBS Reiterates Coverage On (VFC, SBUX, PLX, KED, HAIN, GEL, KO, AFL, CSX)
Thursday, October 14, 2010 - 10:35am | 148UBS reiterates its coverage on the following stocks: VF Corp (NYSE: VFC); Buy with a $98 PT Starbucks (NASDAQ: SBUX); Buy with a $31 PT Protalix BioTheraputics (NYSE: PLX); BUY with a $10.75 PT Kayne Anderson Energy (NYSE: KED); Neutral with a $17 PT Hain Celestial (NASDAQ: HAIN); Neutral with a $...
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Strong Moat + Strong Dividends=Buys?
Thursday, October 14, 2010 - 9:34am | 404Everyone wants to own companies that pay you to own them, and have high barriers to entry. These types of businesses will stay around for quite some time, and can increase pricing power. Two ideas for businesses with with strong dividends and even stronger moats are CSX (NYSE: CSX) and United...
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CSX Delivers Upside On Strong Operating Leverage
Thursday, October 14, 2010 - 7:37am | 136On Tuesday, CSX (NYSE: CSX) reported cont. Q3 EPS of $1.14/share above Deutsche Bank's estimate and Consensus of $1.04. Upside was driven primarily by better-than-expected operating leverage and modestly lower-than-expected interest expense. Deutsche Bank is raising its 2010-11E EPS estimates by...
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Full Steam Ahead: Some Ideas To Consider On The Back Of CSX's Strong Earnings
Thursday, October 14, 2010 - 7:22am | 296CSX (NYSE: CSX) reported strong earnings Tuesday after the bell, and raised guidance, saying it doesn't see a slowdown and as a result, here are a couple of long ideas for you on that note. Norfolk Southern (NYSE: NSC) and Union Pacific (NYSE: UNP) both report their earnings in the next couple of...
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CN Signs Voluntary Mitigation Agreement
Wednesday, October 13, 2010 - 1:19pm | 105CN (NYSE: CNI) announced today it has reached a voluntary mitigation agreement with the Village of Sauk Village, Ill., located approximately 30 miles south of Chicago, addressing the municipality's environmental and safety concerns with CN's acquisition of the Elgin, Joliet and Eastern Railway...
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CSX Goes Beyond Projections in Q3
Wednesday, October 13, 2010 - 10:45am | 136Railway company CSX (NYSE: CSX) shares are up for the year. Even though the chart may look choppy, the stock is up nearly 35% year-to-date. Tuesday, it closed at a price of $57.26. After the bell, the company, which competes with such companies as Norfolk Southern (NYSE: NSC) and Union Pacific (...
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Kansas City Southern Declares Quarterly Preferred Dividend of $12.8125
Wednesday, October 13, 2010 - 10:00am | 58The Executive Committee of Kansas City Southern's (NYSE: KSU) Board of Directors declared a regular quarterly cash dividend of $12.8125 per share on the outstanding KCS 5.125% Cumulative Convertible Perpetual Preferred stock, series D. The dividend is payable on November 15, 2010 to preferred...
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CSX 3Q Results Are Above Expectations
Wednesday, October 13, 2010 - 8:20am | 152CSX (NYSE: CSX) reported 3Q2010 EPS of $1.14 vs. GS $1.03. Upside was driven by higher operating margins,30.9%, was 280 bps better than Goldman Sachs' estimate and improved from 26.1% in 3Q 2009. Incremental margins of 60% were relatively in line with strong levels last quarter. The key difference...
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Stocks To Watch For October 13 (INTC, JPM, CSX, HST, LLTC)
Wednesday, October 13, 2010 - 3:42am | 193Some of the stocks that may grab the investor focus today are: After yesterday's closing bell, Intel Corp (NASDAQ: INTC) reported its Q3 profit at $0.52 per share, on revenue of $11.1 billion. INTC shares gained 1.26% to $20.02 in pre-market trading. Wall Street expects JP Morgan Chase & Co (...
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ETFs To Watch October 13, 2010 (XLE, EWZ, UDN, XLF)
Wednesday, October 13, 2010 - 2:56am | 281Here is the ETF Professor's ETF Watch List for Wednesday October 13, 2010. Financials started to perk up on Tuesday and with JPMorgan Chase (NYSE: JPM) reporting before the bell, put the Financial Select Sector SPDR (NYSE: XLF) and the Direxion Daily Financial Bull 3X Shares (NYSE: FAS) on your...
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Benzinga's After Hours Gainers (INTC, ALKS, CSCO, CSX, ODP)
Tuesday, October 12, 2010 - 6:22pm | 225A number of prominent stocks are moving higher in the after hours trading session on Tuesday. First up is Intel (NASDAQ: INTC) which reported better than expected earnings after the bell. The company beat Wall Street estimates on both the top and bottom line, and the stock has gained 0.91% to $19....
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CSX Corp. Rising After Earnings (CSX)
Tuesday, October 12, 2010 - 3:22pm | 135CSX Corporation (NYSE: CSX) announced its Q3 earnings results after the closing bell on Tuesday. The company reported earnings of $414 million, or $1.08 per share, versus $290 million or $0.73 per share, in the year ago period. This came in ahead of analysts' consensus EPS estimates of $1.04....
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CSX Corporation Beats Earnings Estimates (CSX)
Tuesday, October 12, 2010 - 3:15pm | 109CSX Corporation (NYSE: CSX) reports Q3 earnings of $1.08 versus consensus of $1.04. CSX Corporation reports Q3 revenues of $2.7 million versus consensus of $2.66 billion. Volumes were up 10%, earnings per share was up 48%. "As the economy continued to improve, CSX saw volume growth in nearly all...
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COT, CP, CNI Downgraded To Hold
Tuesday, October 12, 2010 - 9:25am | 47Stifel Nicolaus has downgrade the following companies from Buy to Hold: Cott (NYSE: COT) Canadian Pacific (NYSE: CP) Canadian National Rail (NYSE: CNI)
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Earnings Scheduled For October 12 (INTC, ODC, KMGB, CSX, EXFO, FAST, LLTC, CPLP, DSX, VOXX, CRI, KED)
Tuesday, October 12, 2010 - 4:02am | 276Intel Corp (NASDAQ: INTC) is likely to report its Q3 EPS at $0.50. Oil-Dri Corp Of America (NYSE: ODC) is expected to report its Q4 earnings at $0.34 per share. KMG Chemicals Inc (NASDAQ: KMGB) is estimated to post its Q4 EPS at $0.28. CSX Corp (NYSE: CSX) may post its Q3 earnings at $1.04 per...