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Molex Beats, Stays Neutral - Analyst Blog
Wednesday, August 4, 2010 - 2:31pm | 1405Molex Inc’s (MOLX) earnings for the fourth quarter beat the Zacks Consensus Estimate by 3 cents, or 6.8%. Although quarterly revenues beat analysts’ expectations by 3.3%, driven by continued strength across all except the automotive end market, earnings were impacted by the weaker gross margin. ...
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William Blair & Company Adjusts Estimates On Mercury Computer Systems, Inc. (MRCY)
Wednesday, August 4, 2010 - 10:08am | 176William Blair & Company is out with a report this morning, where it reiterates its “outperform” rating on shares of Mercury Computer Systems, Inc. (NASDAQ: MRCY). MRCY posted second quarter EPS results of $0.77, which significantly exceeded WB ($0.25) and consensus ($0.27) estimates....
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Pritchard Equity Rates Echelon Corp A Buy (ELON)
Wednesday, August 4, 2010 - 8:25am | 127Pritchard Equity Research is reiterating its Buy rating and $12 price target on shares of Echelon Corporation (NASDAQ: ELON) after the company reported earnings yesterday after the bell. In the report Pritchard Equity writes, "After the Duke Energy Corporation smart meter deployment, our...
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IPG Photonics Shares Jump 18% (IPGP)
Tuesday, August 3, 2010 - 2:21pm | 281Shares of IPG Photonics Corporation (Nasdaq: IPGP) are trading up 18% at $19.72 per share during the Tuesday afternoon trading session. The day's trading range for shares of IPG Photonics Corporation has been between $17.55 and $19.98 per share. Analysts covering the company's stock give it a...
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Top Narrow Based Indexes For August 3 (OPLK, SOLF, IPGP)
Tuesday, August 3, 2010 - 1:12pm | 210By 1:47 pm, the Dow Jones Industrial Average was down 26.57 points, or 0.24%, to 10,647.81, while the broader Standard & Poor's 500 index had lost 3.99 points, or 0.35%. The NASDAQ composite index fell 9.12 points, or 0.40%. Some of the narrow based indexes supporting the markets are Optical...
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Benzinga’s Volume Movers (SOLF, IDSA, IPGP, EXBD)
Tuesday, August 3, 2010 - 1:03pm | 192Solarfun Power Holdings Co Ltd (NASDAQ: SOLF) shares gained 7.51% to $11.02 at 1:15 pm. The volume of SOLF shares traded was 676% higher than normal. Hanwha Chemical has agreed to buy a 49.99% stake in SOLF. The company has also reported better-than-expected Q2 revenue. Industrial Services of...
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Jabil Upped to Outperform - Analyst Blog
Monday, August 2, 2010 - 11:36am | 762We are upgrading Jabil Circuit Inc. (JBL) to Outperform from our previous Neutral rating. Jabil’s results continued to improve in each of the last four quarters and estimates for the fourth quarter and full year 2010 have soared, following the company’s strong third quarter 2010 results that beat...
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Mid-Day Market Movers (ETRMD, PATK, SMTX, ASFN)
Monday, August 2, 2010 - 10:30am | 158EnteroMedics Inc (NASDAQ: ETRMD) jumped 39.51% to $2.55 by 11:11 am. EnteroMedics has received an conditional approval from the FDA for the start of clinical trials on its device for treating obesity. Patrick Industries, Inc (NASDAQ: PATK) shares surged 38.50% to $2.77. PATK posted quarterly...
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Zacks Bull and Bear of the Day Highlights: Jabil Circuit, Quest Diagnostics, Ford, Toyota and Chesapeake Energy - Press Releases
Monday, August 2, 2010 - 10:12am | 3583For Immediate Release Chicago, IL –August 02, 2010 – Zacks Equity Research highlights: Jabil Circuit (JBL) as the Bull of the Day and Quest Diagnostics (DGX) as the Bear of the Day. In addition, Zacks Equity Research provides analysis on Ford (F), Toyota (TM) and Chesapeake Energy (CHK). Here is a...
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Jabil Circuit (JBL) - Bull of the Day
Monday, August 2, 2010 - 2:35am | 202Jabil Circuit's (JBL) results continued to improve in each of the last four quarters. Estimates for the fourth quarter and full-year 2010 have soared following the company's strong third quarter 2010 results that beat the Zacks Consensus Estimate. Third quarter 2010 revenues and earnings both...
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Big Gainers -- Trident, Harmonic, Maxwell and CAMAC (TRID, HLIT, MXWL, CAK, PTRP)
Friday, July 30, 2010 - 4:09pm | 313Trident Microsystems (TRID) reported net revenues of $171.6 million, which compares with $14.9 million in the quarter ended June 30, 2009. Non-GAAP net loss was $14.8 million, or $0.09 per share, which compares with a non-GAAP net loss of $15.7 million, or $0.24 per share a year ago. Shares of...
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Maxwell Tech Beats, Still In Red - Analyst Blog
Friday, July 30, 2010 - 3:06pm | 382Energy storage and power delivery products maker, Maxwell Technologies Inc. (MXWL) reported second quarter 2010 adjusted loss of a penny per share, above the Zacks Consensus Estimate for a loss of 2 cents and the year-ago quarterly loss per share of 7 cents. On a reported basis the company had a...
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Top 5 Percentage Gainers On NASDAQ (MCBC, PWER, TRID, SWIR, MXWL)
Friday, July 30, 2010 - 2:10pm | 148These stocks are the top 5 percentage gainers on the NASDAQ today (only includes companies with 100,000 shares traded so far). Macatawa Bank Corporation (NasdaqGS: MCBC) is up 29.22% to $1.99 after the bank reported a profit yesterday after 6 quarters of losses. Power-One, Inc. (NasdaqGM: PWER) is...
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Benzinga’s Volume Movers (PWER, PRAA, SCMR, MXWL)
Friday, July 30, 2010 - 12:52pm | 182Power-One, Inc (NASDAQ: PWER) shares gained 22.89% to $12.24 at 1:43 pm. The volume of PWER shares traded was 602% higher than normal. PWER’s second quarter earnings and revenue beat the Street view. Portfolio Recovery Associates, Inc (NASDAQ: PRAA) shares jumped 4.40% to $69.99. The volume of PRAA...
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Life Beats Estimates - Analyst Blog
Friday, July 30, 2010 - 12:31pm | 634Life Technologies Corporation (LIFE) reported an EPS of 58 cents in the second quarter of 2010 compared to 22 cents in the year-ago period. However, after adjusting for certain one-time items, the EPS was 91 cents, surpassing the Zacks Consensus Estimate of 87 cents and 15% higher than 79 cents of...