-
Zacks Bull and Bear of the Day Highlights: RC2, Methanex, Amazon.com, Sony and Barnes and Noble - Press Releases
Thursday, August 26, 2010 - 7:04am | 1718For Immediate Release Chicago, IL –August 26, 2010 – Zacks Equity Research highlights: RC2 Corp (RCRC) as the Bull of the Day and Methanex Corp. (MEOH) as the Bear of the Day. In addition, Zacks Equity Research provides analysis on Amazon.com (AMZN), Sony Corp (SNE) and Barnes and Noble (BKS). Here...
-
Methanex Corp. (MEOH) - Bear of the Day
Thursday, August 26, 2010 - 1:48am | 190Methanex Corp. (MEOH) is the world's largest supplier of methanol. Lower methanol pricing and an increase in global inventories are negatively affecting the company. Methanex's Chilean facility is currently operating at 60% due to the lack of natural gas supply. Although the company reversed year-...
-
KOP: R&UP Well-Positioned For 2011-2012
Thursday, August 19, 2010 - 8:16am | 200Analysts at Jefferies & Co reiterate their "hold" rating on Koppers Holdings (NYSE: KOP), while reducing their estimates for the company. The target price for KOP is set to $26. According to Jefferies & Co, “Seasonal declines in co-products should also translate into narrower spreads...
-
J.P. Morgan Dropping Coverage On Innophos (IPHS)
Thursday, August 19, 2010 - 7:13am | 146J.P. Morgan Chase is dropping coverage on Innophos Holdings, Inc. (NASDAQ: IPHS). Its last rating on the stock was Neutral. In the last research report, J.P. Morgan Chase writes, "produces specialty phosphates, which are used in personal care, food & beverage, pharma, and industrial...
-
Life Acquires Ion Torrent - Analyst Blog
Wednesday, August 18, 2010 - 2:10pm | 477Over the past few years, Life Technologies (LIFE) has been expanding its product portfolio through acquisitions; the latest being privately held Ion Torrent, a DNA sequencing company, for $375 million in cash and stock. In addition, Life is also liable to pay $350 million if certain milestones are...
-
Oppenheimer Out With Technology Update
Tuesday, August 17, 2010 - 11:16am | 187Oppenheimer is out with an industry update, where it begins by touching on Intel’s recent agreement to acquire Texas Instruments’ cable modem product line. Analysts note, “The purchase enhances Intel's focus on the cable industry and related consumer electronics (CE) market segments, where the...
-
Fuwei Films Regains NASDAQ Compliance
Monday, August 16, 2010 - 11:20am | 48Fuwei Films (Holdings) Co., Ltd. (NASDAQ: FFHL) today announced that it has received notification from The NASDAQ Stock Market, LLC notifying the Company that it has regained compliance with previously reported listing deficiencies and that the matters are now closed.
-
Time for a New, New Deal?
Monday, August 16, 2010 - 7:37am | 3228By Phil of Phil's Stock World What are people thinking? It is interesting to see so many of the same people calling for a "double dip" recession while at the same time railing against government spending. The US Government is spending $3.5Tn this year. Admittedly that's $1.5Tn more than they have...
-
Celanese to Ramp Up Production - Analyst Blog
Friday, August 13, 2010 - 3:22pm | 932Celanese Corporation (CE), a leading global specialty materials company, is ramping up production at its Wilmington, N.C. plant operated under its Fortron Industries LLC affiliate to match the rising global demand for Fortron® polyphenylene sulfide (PPS). The plant is the largest in the world with...
-
Earnings Scorecard: Celanese - Analyst Blog
Thursday, August 12, 2010 - 3:34pm | 869Specialty material company, Celanese Corporation (CE) earned $1.12 per share in the second quarter of 2010, ahead of the Zacks Consensus Estimate of $1.02. Analysts have maintained a positive opinion on the stock. Celanese raised its earnings guidance by 15 cents for the full year 2010. Strong...
-
J.P. Morgan Lowers Price Target on Georgia Gulf (GGC)
Monday, August 9, 2010 - 10:04am | 214J.P. Morgan is out with a research report this morning, where it reiterates its Overweight rating on Georgia Gulf (NYSE: GGC); it also lowered its price target on the name to $19.00, from $20.00. The JPM analysts cited the company’s recent earnings report, which were better than expected; this was...
-
BECKMAN COULTER (BEC) - Profit Tracks
Wednesday, August 4, 2010 - 9:30am | 537Since inception in 1988, the S&P 500 has outperformed the Zacks #5 Rank List - Stocks to Sell Now by 80% annually (+2% versus +10%). While the rest of Wall Street continued to tout stocks during the market declines of the last few years, Zacks told investors which stocks to sell or avoid....
-
Celanese Tops Expectations - Analyst Blog
Tuesday, August 3, 2010 - 2:51pm | 905Specialty material company, Celanese Corp. (CE) earned $1.12 per share in the second quarter of 2010 beating the Zacks Consensus Estimate of $1.02. Earnings doubled from last year’s 56 cents per share. Revenues and Margins Quarterly revenues grew 22% year-over-year to $1.5 billion primarily...
-
Dahlman Rose & Co. Reiterates Buy on Methanex Corp. (MEOH)
Tuesday, August 3, 2010 - 8:23am | 222Dahlman Rose & Co. is out with a research report this morning, which reiterates its Buy rating on Methanex Corp. (NASDAQ: MEOH); it has a $30.00 price target on the stock. The Dahlman analysts cited the company’s most recent earnings report, which were below their expectations. The company...
-
Eastman Beats on Volume Gain - Analyst Blog
Friday, July 30, 2010 - 1:36pm | 1185Shares of Eastman Chemical Company (EMN) advanced 14 cents to $59.76 per share post solid second quarter 2010 results. The chemical producer earned $2.05 per share (excluding one-time charges) in the second quarter of 2010 outperforming the Zacks Consensus Estimate of $1.66. Results substantially...