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Earnings Roundup For May 23
Monday, May 23, 2011 - 8:41am | 715Perry Ellis International Inc (NASDAQ: PERY) reported upbeat quarterly results and lifted its earnings guidance for the year. Perry Ellis reported its Q1 net income at $15.4 million, or $0.99 per share, up from $11.2 million, or $0.81 per share, in the year-ago period. Excluding items, PERY's...
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UPDATE: China Sunergy Reports Weaker-Than-Expected Q1 Results
Monday, May 23, 2011 - 7:12am | 126China Sunergy Co Ltd (NASDAQ: CSUN) posted weaker-than-expected Q1 results on Monday. China Sunergy reported its quarterly net income at $3.5 million or, $0.09 per American depository share (ADS), down from $7.1 million, or $0.18 per ADS. Its revenue jumped 59% to $165.7 million. However, analysts...
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Puts Purchased on Lender Processing Services, Inc.
Friday, May 20, 2011 - 10:39am | 131Shares of Lender Processing Services, Inc. (NYSE: LPS) are lower on the session by 3.10%, currently trading at $27.22. The stock has been moving largely lower over the past four months and is currently trading below the 50-day and 200-day moving averages. Options traders are buying puts on the...
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Earnings Roundup For May 20
Friday, May 20, 2011 - 10:32am | 598E-Commerce China Dangdang Inc (NYSE: DANG) reported a 203.6% surge in its net income for the first quarter on Friday. Dangdang reported its net income at RMB3.1 million ($0.5 million). Its total net revenue rose 53.5% y/y to RMB687.6 million ($105.0 million). DANG's adjusted EBITDA rose 27.7% y/y...
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A Peek Into The Market Before The Trading Starts
Friday, May 20, 2011 - 7:29am | 401Pre-open movers US stock futures are lower this morning. Futures on the Dow Jones Industrial Average dipped 31 points to 12,560.00 and futures on the S&P 500 stock index fell 3.70 points to 1,338.00. Nasdaq 100 futures dropped 6.25 points to 2,362.75. A Peek Into Global Markets Asian...
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Yingli Reports Weaker-Than-Expected Q1 Results
Friday, May 20, 2011 - 7:03am | 101Yingli Green Energy Holding Co Ltd (NYSE: YGE) reported downbeat Q1 results on Friday. Yingli reported its Q1 net income at $56.2 million, or $0.35 per American Depositary Share (ADS), up from $28 million, or $0.18 per ADS, in the year-ago period. Excluding items, the company's earnings came in at...
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Stock Picks and Trade Ideas for Friday, May 20
Thursday, May 19, 2011 - 6:09pm | 2362( click to enlarge ) Tellabs, Inc. (NASDAQ:TLAB) was one of the stronger stocks today bouncing off support. Formed a nice bullish engulfing pattern and volume was above average on the day, which is bullish. The technical chart also shows that stochastics are turning back up from an oversold...
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Western Union Increases Dividend by 14% to $0.08
Thursday, May 19, 2011 - 4:25pm | 43The Western Union Company (NYSE: WU) announced today that its board of directors has declared a 14% increase in the company's quarterly dividend, to $0.08 per common share. The company's previous quarterly dividend was $0.07 per common share.
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ADP Appoints Carlos A. Rodriguez President and COO
Thursday, May 19, 2011 - 1:05pm | 45Automatic Data Processing, Inc. (Nasdaq: ADP) has appointed Carlos A. Rodriguez to the position of president and chief operating officer, announced Gary C. Butler, ADP's chief executive officer. Mr. Rodriguez will assume his new role effective June 1, 2011.
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MasterCard And American Express Targets
Thursday, May 19, 2011 - 12:21pm | 89MasterCard Incorporated (NYSE: MA) and American Express Company (NYSE: AXP) have been two of the strongest stocks in the market over the last few months. Both stocks are approaching multi year pivot highs. MasterCard is going to hit the $310 level, which is an all time high from 2008. American...
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Western Union and Dollar Financial Extend Global Agreement to Offer Western Union Services
Thursday, May 19, 2011 - 10:13am | 174The Western Union Company (NYSE: WU), a leader in global payments, and Dollar Financial Corp (NASDAQ: DLLR), a leading international diversified financial services company, today announced a multi-year global agreement that extends and paves the way to add Western Union Money Transfer^®, Bill...
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Oppenheimer Initiates Coverage on EXLS, G, WNS
Thursday, May 19, 2011 - 8:21am | 51Oppenheimer has initiated coverage on the following companies: ExlService Holdings (NASDAQ: EXLS), Outperform, $29 PT Genpact (NYSE: G) Outperform, $20 PT WNS Holdings (NYSE: WNS) Perform, PT N/A
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Western Union and Dollar Financial Extend Global Agreement to Offer Western Union Services
Thursday, May 19, 2011 - 8:04am | 68The Western Union Company (NYSE: WU) and Dollar Financial Corp (NASDAQ: DLLR) today announced a multi-year global agreement that extends and paves the way to add Western Union Money Transfer®, Bill Payment and Money Order services across Dollar Financial locations in Canada, the United States and...
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Western Union and Dollar Financial Extend Global Agreement to Offer Western Union Services
Thursday, May 19, 2011 - 8:02am | 174The Western Union Company (NYSE: WU), a leader in global payments, and Dollar Financial Corp (NASDAQ: DLLR), a leading international diversified financial services company, today announced a multi-year global agreement that extends and paves the way to add Western Union Money Transfer^®, Bill...
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MoneyGram International Reports Shareholder Approval; Closes Recapitalization
Wednesday, May 18, 2011 - 4:55pm | 165MoneyGram International, Inc. (NYSE: MGI) today announced that all proposals submitted for a vote during the Special Meeting of MoneyGram International shareholders held earlier today received shareholder approvals. The proposals were related to the previously announced Recapitalization Agreement...