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Stocks Going Ex Dividend the Second Week of August 2010
Tuesday, August 3, 2010 - 1:46am | 688Here is our latest update on the stock trading technique called 'Buying Dividends'. This is the process of buying stocks before the ex dividend date and selling the stock shortly after the ex date at about the same price, yet still being entitled to the dividend. This technique generally works only...
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Cabot On Track To Achieve Its EPS Target For FY12
Monday, August 2, 2010 - 1:31pm | 181Analysts at JP Morgan reiterate their "neutral" rating on Cabot Corporation (NYSE: CBT), while raising their estimates for the company. The target price for CBT has been raised from $31 to $33. According to JP Morgan, “Cabot appears on track to achieve its F2012 EPS target of $3.00/share in F2011....
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Bargain Dividend Stocks Keep Paying Off
Monday, August 2, 2010 - 7:39am | 308NEW YORK (TheStreet) -- Hersh Cohen, the manager of Legg Mason ClearBridge Equity Income (SOPAX) who has been investing in dividend stocks for four decades, is finding some of the biggest bargains of his career. They include such companies as H.J. Heinz (NYSE: HNZ), Johnson & Johnson (NYSE: JNJ...
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Eastman Beats on Volume Gain - Analyst Blog
Friday, July 30, 2010 - 2:36pm | 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...
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Eastman Chemical Posts Huge Beat; Guides Higher (EMN)
Thursday, July 29, 2010 - 6:00pm | 157Eastman Chemical Co. (NYSE: EMN) reports Q2 earnings of $2.02 versus estimates of $1.65. Eastman Chemical Co. reports Q2 revenues of $1.72 billion versus estimates of $1.63 billion. Revenues increased 37.6% year over year. The company said that Q3 EPS would now be in the range of $1.65 to $1.75...
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FMC Corp. Beats; Issues In-Line Guidance (FMC)
Wednesday, July 28, 2010 - 5:02pm | 158FMC Corp. (NYSE: FMC) reports Q2 earnings of $1.28 versus estimates of $1.22. FMC Corp. reports Q2 revenues of $776.8 million versus estimates of $739.85 million. Revenues increased 10.9% year over year. The company said that Q3 EPS would come in at $1.00 to $1.15; this compares to the Street...
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FMC Corporation Announces Second Quarter Results
Wednesday, July 28, 2010 - 4:45pm | 125FMC Corporation (NYSE: FMC) today reported net income of $65.7 million, or $0.90 per diluted share, in the second quarter of 2010, versus net income of $69.3 million, or $0.94 per diluted share, in the second quarter of 2009. Net income in the current quarter included restructuring and other income...
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Small Businesses Catalyst of Growth : UBS (UBS, DD)
Wednesday, July 28, 2010 - 12:54pm | 131DuPont (NYSE: DD) posted good results, but its impact on the market was negated by depressed consumer confidence data. Art Cashin, director of floor operations at UBS Financial Services (NYSE: UBS), told CNBC, “The DuPont numbers were just terrific and that’s what’s giving us a bit of a boost....
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J.P.Morgan Initiates Overweight Rating on DuPont (DD)
Wednesday, July 28, 2010 - 12:29pm | 207J.P.Morgan is out with a note, where it reported an “overweight” rating on DuPont (DD); and has increased its target price to $50.00 from $44.00. DuPont generated increased sales and lower expenses, which drove the company’s higher-than-anticipated EPS outperformance. J.P.Morgan stated, “We...
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Small-Caps, Mid-Caps, & Commodities Hitting 200 MA Resistance 07-27-2010
Tuesday, July 27, 2010 - 8:25pm | 818Cusick’s Corner The market started to hit some resistance into the close, plus commodities have stalled. This is a development because along with small and mid-caps, commodities like Copper, JJC are hitting strong resistance on the 200-Day Moving Average [MA]. If there is little to no follow...
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Market Waffling 07-27-2010
Tuesday, July 27, 2010 - 8:24pm | 793Cusick’s Corner The market has been in quite a range, coming off its overnight highs into the Midday and just waffling around break even. The market at this stage, short-term, is in a bullish consolidation and most traders are waiting to see if another push to the upside is going to potentially...
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Today's Big Five
Tuesday, July 27, 2010 - 3:45pm | 510Today the major market indexes are trading flat on the session. This morning the futures were sharply higher after Du Pont & Co (NYSE: DD) reported positive earnings. Since when has Du Pont & Co become a major market mover? In any case these major market indexes have surged higher since...
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Dahlman Rose Initates Dow Chemical with Hold (DOW)
Tuesday, July 27, 2010 - 2:17pm | 84Dahlman Rose analysts Charles Neivert and Ahmed Alamin initiated coverage of the Dow Chemical Company (NYSE: DOW) with a Hold rating. The analysts said, "We see a highly challenging environment in the 2010/11 time period for the Basics segment which should create headwinds for earnings growth."...
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Stock Market News for July 27, 2010 - Market News
Tuesday, July 27, 2010 - 9:49am | 569The stock market rally continues. This time it was FedEx’s turn to fuel hopes that the economic recovery is gaining strength. Then, strong earnings reports and improved new home sales did their bit to take the Dow into positive territory for the year and the S&P 500 above a key technical level...
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Company News for July 27, 2010 - Corporate Summary
Tuesday, July 27, 2010 - 9:49am | 306• US Steel's (NYSE: X) second quarter earnings of 45 cents per share were below Zacks estimates of 63 cents, on revenues of $4.68 billion that beat Zacks estimates of $4.53 billion • Occidental Petroleum (NYSE: OXY) reported second quarter earnings of $1.31, three cents below Zacks projections, on...