-
Interview: Austrian Economics With Dr. Paul Cwik
Friday, August 12, 2011 - 9:00am | 1913Instead of any Millennial Q and A this Friday, I recently had an exchange with Dr. Paul Cwik, an Austrian economist at Mount Olive College. He blogs at Tillman School of Business and provides some fascinating insights to our economy, for instance Economic Distress Index and Yield Curve...
-
News Summary for August 12, 2011
Friday, August 12, 2011 - 7:50am | 554This is your Benzinga news summary and traders' outlook for Friday, August 12, 2011, covering headlines from overnight and Friday's pre-market session. Today in domestic pre-market trading, U.S. equity futures are trading flat after a 400 point rally in the Dow yesterday. At last check, Dow...
-
UPDATE: Citi Lowers PT on Computer Sciences to $35
Thursday, August 11, 2011 - 7:57am | 111Citi is out with its report today on Computer Sciences (NYSE: CSC), lowering its PT to $35 from $50. In its report, Citi writes, "Our 12-month target price goes to $35 from $50, reflecting our new 7-8 P/E multiple range (down from 9-10x) applied to our new calendar year 2012 EPS estimate of $4.76...
-
News Summary for August 11, 2011
Thursday, August 11, 2011 - 7:53am | 648This is your Benzinga news summary and traders' outlook for Thursday, August 11, 2011, covering headlines from overnight and Thursday's pre-market session. Today in domestic pre-market trading, U.S. equity futures are trading lower after a 500 point drop in the Dow yesterday. At last check, Dow...
-
Jefferies Lowers PT on Computer Sciences from $42 to $32
Thursday, August 11, 2011 - 6:53am | 109Jefferies has published a report on Computer Sciences (NYSE: CSC) lowering the price target from $42 to $32. In the report, Jefferies wrote, "Incremental takeaways from yesterday's earnings call were: 1) NHS risks are elevated given further delays in signing MOU, 2) multiple factors dragged down...
-
Citigroup Lowers PT On Computer Sciences To $35
Thursday, August 11, 2011 - 6:18am | 27Citigroup has lowered the price target on Computer Sciences Corporation (NYSE: CSC) from $50 to $35 and maintains its Hold rating.
-
Jefferies Lowers PT On Computer Sciences To $32
Thursday, August 11, 2011 - 6:05am | 27Jefferies & Company has lowered the price target on Computer Sciences (NYSE: CSC) from $42 to $32 and maintains its Hold rating.
-
Earnings Scheduled For August 11
Thursday, August 11, 2011 - 3:43am | 554Brinker International Inc (NYSE: EAT) is estimated to report its Q4 EPS at $0.47 on revenue of $710.57 million. NVIDIA Corporation (NASDAQ: NVDA) is projected to report its Q2 EPS at $0.25 on revenue of $1.01 billion. Kohl's Corporation (NYSE: KSS) is projected to report its Q2 EPS at $1.02 on...
-
Intraday Losers; IntraLinks Down -42.43%
Wednesday, August 10, 2011 - 3:47pm | 140IntraLinks Holdings (NADAQ: IL) -42.43% on downbeat Q3 guidance. Quad/Graphics (NASDAQ: QUAD) -25.40% on disappointing earnings. Velti (NASDAQ: VELT) -18.27 despite in-line EPS and revenues beat. Inter Parfums (NADAQ: IPAR) -16.61% on downbeat earnings. KAR Auction Services (NYSE: KAR) -15....
-
Wednesday's Put/Call Ratio Leaders
Wednesday, August 10, 2011 - 12:35pm | 78Here are today's Put/Call Ratio leaders… 1. Universal Health Services (NYSE: UHS) 5,368 puts, 3 calls 2. Central European Distribution (NASDAQ: CEDC) 4,308 puts, 12 calls 3. Equity Residential (NYSE: EQR) 2,508 puts, 32 calls 4. News Corp. (NASDAQ: NWSA) 7,064 puts, 203 calls 5. Paychex (NASDAQ:...
-
Newtek Business Services Guides 2012 Midpoint Revenues of $123.4M
Wednesday, August 10, 2011 - 9:04am | 42Newtek Business Services, Inc., (NASDAQ: NEWT) announced today its 2012 consolidated guidance for midpoint revenues of $123.4 million and consolidated midpoint pretax income of $4.5 million, an increase of 65% over 2011 consolidated midpoint pretax income guidance of $2.7 million.
-
US Stock Futures Slightly Down; Gold Futures Surge
Wednesday, August 10, 2011 - 6:10am | 555US stock futures are slightly lower this morning, after the Federal Open Markets Committee pledged to keep rates at an all-time low through mid-2013. Futures for the Dow Jones Industrial Average dipped 31 points to 11,163.00 and S&P 500 index futures fell 2.70 points to 1,169.00. Nasdaq 100...
-
Earnings Scheduled For August 10
Wednesday, August 10, 2011 - 4:02am | 483Polo Ralph Lauren Corporation (NYSE: RL) is expected to report its Q1 EPS at $1.45 on revenue of $1.43 billion. Macy's Inc (NYSE: M) is estimated to report its Q2 earnings at $0.49 per share on revenue of $5.87 billion. Cisco Systems Inc (NASDAQ: CSCO) is projected to report its Q4 EPS at $0.38...
-
Wright Express Announces First Acceptance of Universal Fleet Card for Electric Vehicles with Merit Builders
Tuesday, August 9, 2011 - 4:33pm | 86Wright Express Corporation (NYSE: WXS) today announced that it has entered into an agreement with Merit Builders, Inc. as the first to accept the Wright Express Universal Fleet Card for electric vehicle charging. The relationship comes at a time of increasing interest for EVs, particularly in the...
-
Visa Announces Plans to Accelerate Chip Migration and Adoption of Mobile Payments
Tuesday, August 9, 2011 - 8:08am | 74Visa Inc. (NYSE: V) today announced plans to accelerate the migration to EMV contact and contactless chip technology in the United States. The adoption of dual-interface chip technology will help prepare the U.S. payment infrastructure for the arrival of NFC-based mobile payments by building the...