-
Teva Beats on Earnings - Analyst Blog
Monday, November 8, 2010 - 11:03am | 931Teva Pharmaceutical Industries' (TEVA) third quarter earnings of $1.30 per American Depository Share (ADS) were above the Zacks Consensus Estimate of $1.27 and the year-ago earnings of 89 cents. Teva's top-line performance remained strong with revenues increasing 19.7% to $4.3 billion, in-line...
-
Is General Motors a Buy?
Monday, November 8, 2010 - 11:01am | 934Last year General Motors Company filed for bankruptcy and collapsed into the government's arms. With around $170 billion in debt in 2009 and only $82 billion in assets, the bankruptcy filing kicked off a major restructuring effort. On November 17th this...
-
Is General Motors a Buy?
Monday, November 8, 2010 - 11:01am | 934Last year General Motors Company filed for bankruptcy and collapsed into the government's arms. With around $170 billion in debt in 2009 and only $82 billion in assets, the bankruptcy filing kicked off a major restructuring effort. On November 17th this...
-
Hunt Oil Company Signs Multi-Year Deal With ADP
Monday, November 8, 2010 - 9:12am | 31ADP (NASDAQ: ADP) today announced that Hunt Oil Company has selected ADP's Procure-to-Pay Solutions platform to automate its procurement and accounts payable processes.
-
Alliance Data Signs Long-Term Agreement With American Laser Centers
Monday, November 8, 2010 - 8:37am | 88Alliance Data Systems Corporation (NYSE: ADS) today announced it has signed a long-term agreement with American Laser Centers to provide private label credit services designed to drive sales and enhance long-term customer loyalty. Under the terms of the agreement, Alliance Data will provide...
-
Joe Terranova Likes American Express (AXP)
Friday, November 5, 2010 - 5:24pm | 59Joe Terranova said that if you believe in the return of the high end consumer, that owning American Express Company (NYSE: AXP) is the way to do it. He went on to say that he also likes Mastercard (NYSE: MA) in this space.
-
CSC Order Winning Spree Continues - Analyst Blog
Friday, November 5, 2010 - 4:45pm | 487Computer Sciences Corporation (CSC) continues on its contract winning spree. Among the recent deal wins, first comes the U.S. Missile Defense Agency (MDA) infrastructure and deployment services contract, awarded to CSC during the first quarter of fiscal 2010. The contract is valid for a period of...
-
Broadridge Financial Misses Again - Analyst Blog
Friday, November 5, 2010 - 9:33am | 829Broadridge Financial Solutions Inc. (BR) reported first-quarter fiscal 2011 earnings per share of 10 cents, down from 19 cents in the prior-year quarter and below the Zacks Consensus Estimate of 12 cents. The operating results were significantly down from the previous quarter, which according...
-
Job Numbers Good. But Good Enough? - Analyst Blog
Friday, November 5, 2010 - 9:33am | 383More evidence that a double-dip recession is not in our future, the Bureau of Labor Statistics (BLS) released new employment numbers this morning. The results were positive: 151,000 non-farm payroll jobs were created in the month of October, way up from the revised September jobs number of a loss...
-
VF Corporation, CSC Announce Seven-Year IT Services Agreement
Friday, November 5, 2010 - 9:02am | 57VF Corporation (NYSE: VFC) and CSC (NYSE: CSC) today announced the signing of a seven-year information technology services outsourcing agreement. The transition from VF's current information technology services provider to CSC is expected to be completed by the end of August 2011.
-
FIS to Provide Item Processing Services for PrivateBancorp
Friday, November 5, 2010 - 8:20am | 33FIS (NYSE: FIS) today announced that PrivateBancorp, Inc., will outsource portions of its item processing operation, including an upgrade to branch capture services, to FIS.
-
Online Resources Posts Third Quarter EPS of $(0.02)
Thursday, November 4, 2010 - 4:27pm | 155Online Resources Corporation (Nasdaq: ORCC) today reported financial and operating results for the three months ended September 30, 2010. Revenue was $36.8 million, compared to $36.6 million in the third quarter of 2009. Ebitda, a non-GAAP measure, was $7.4 million, compared to $8.8 million...
-
ISM: Services Better than Expected - Analyst Blog
Thursday, November 4, 2010 - 3:03pm | 1137The Institute for Supply Management's (ISM) Non-Manufacturing, or Service, survey rose in October to 54.3 from 53.2 in September. Like its venerable brother, the Manufacturing survey, this is a “magic 50” index where any reading above 50 indicates that the economy is expanding and anything below 50...
-
Wright Express Up 16.5%, Hits 52-Week High (WXS)
Thursday, November 4, 2010 - 2:03pm | 264Shares of Wright Express Corporation (NYSE: WXS) are trading up 16.5% at $44.94 per share during the Thursday afternoon trading session. The day's trading range for shares of Wright Express Corporation has been between $40.86 and a 52 week-high of $45.99 per share. Analysts covering the company's...
-
Zacks Bull and Bear of the Day Highlights: Bayer, Greatbatch, Automatic Data Processing, Ford and Caterpillar. - Press Releases
Thursday, November 4, 2010 - 1:54pm | 3245For Immediate Release Chicago, IL – November 4, 2010 – Zacks Equity Research highlights Bayer AG (PINK: BAYRY) as the Bull of the Day and Greatbatch, Inc. (NYSE: GB) the Bear of the Day. In addition, Zacks Equity Research provides analysis on Automatic Data Processing (Nasdaq: ADP), Ford (NYSE...