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Earnings Scheduled For July 7
Wednesday, July 6, 2011 - 11:32pm | 149Helen of Troy Limited (NASDAQ: HELE) is expected to report its Q1 EPS at $0.76 on revenue of $260.20 million. International Speedway Corporation (NASDAQ: ISCA) is expected to report its Q2 EPS at $0.27 on revenue of $138.25 million. WD-40 Company (NASDAQ: WDFC) is projected to report its FQ3 EPS...
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A. Schulman Reaffirms 2011 Net Income Guidance of $57-62M
Wednesday, July 6, 2011 - 3:14pm | 47A. Schulman, Inc. (Nasdaq: SHLM) reaffirms its fiscal 2011 net income guidance in the range of $57 million to $62 million. The guidance assumes a euro exchange rate of $1.35. The company reported Q3 EPS of $0.65 vs. $0.64 Est; Revenues $611.1M vs. $548.0M Est.
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FSI Announces 39% increase in Second Quarter Revenue
Wednesday, July 6, 2011 - 11:29am | 147FLEXIBLE SOLUTIONS INTERNATIONAL, INC. (NYSE: FSI) announces a significant year over year increase in revenues for second quarter (Q2), 2011. Sales into oil extraction, agriculture and detergent industries were much higher than in Q2, 2010. As a result, Flexible Solutions' top line revenue...
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Jefferies Provides Color on WR Grace
Wednesday, July 6, 2011 - 6:53am | 109Jefferies provided color on WR Grace (NYSE: GRA). In a research report published today, Jefferies commented on the company's recent acquisition. In the report, Jefferies states, “Grace has acquired privately owned De Neef Conchem Group, a producer of waterproofing and concrete protection products...
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UPDATE: Jefferies Raises PT on Quaker Chemical to $51
Wednesday, July 6, 2011 - 6:10am | 92Jefferies is out with its report today on Quaker Chemical (NYSE: KWR), raising its PT from $49 to $51. In a note to clients, Jefferies writes, "We expect Quaker Chemicals to meet or beat our Q2 estimate of $0.72 (consensus is $0.75). As the global market leader providing industrial lubricants to...
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Jefferies Raises PT On Quaker Chemical To $51
Wednesday, July 6, 2011 - 5:46am | 28Jefferies & Company has raised the price target on Quaker Chemical Corporation (NYSE: KWR) from $49 to $51 and maintains its Buy rating.
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Classic Summer Mode 07-05-2011
Tuesday, July 5, 2011 - 5:16pm | 828Cusick's Corner The markets were, well in summer mode. This is the type of action that one could expect into an employment number at the end of the week and with earnings coming. The market had low volume with choppy action and while the bid has been nibbling, the future data has been holding the...
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Classic Summer Mode 07-05-2011
Tuesday, July 5, 2011 - 5:16pm | 828Cusick's Corner The markets were, well in summer mode. This is the type of action that one could expect into an employment number at the end of the week and with earnings coming. The market had low volume with choppy action and while the bid has been nibbling, the future data has been holding the...
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Zings Of The Day July 5, 2011
Tuesday, July 5, 2011 - 2:40pm | 101OM Group Inc. (NYSE: OMG), the world's largest cobalt producer, is going to buy Vacuumschmelze GmbH & Co. KG from One Equity Partners LLC for around $1 billion. For $1 billion, you better get a new name. That's way too many letters. Mobile operators in the European Union will be ordered to...
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Calls Purchased on Rockwood Holdings
Tuesday, July 5, 2011 - 1:14pm | 120Shares of Rockwood Holdings (NYSE: ROC) are higher on the session by 2.62%, currently trading at $57.95. The stock has been moving largely higher over the past six months and is currently trading above the 50-day moving average. Options traders are buying calls on the name today. A short while...
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Puts Purchased on International Flavors & Fragrances
Tuesday, July 5, 2011 - 10:32am | 121Shares of International Flavors & Fragrances Inc. (NYSE: IFF) are lower on the session by 0.65%, currently trading at $64.31. The stock has been moving largely higher over the past six months and is currently trading above the 50-day moving average. Options traders are buying puts on the name...
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Puts Purchased on International Flavors & Fragrances
Tuesday, July 5, 2011 - 10:30am | 121Shares of International Flavors & Fragrances Inc. (NYSE: IFF) are lower on the session by 0.65%, currently trading at $64.31. The stock has been moving largely higher over the past six months and is currently trading above the 50-day moving average. Options traders are buying puts on the name...
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Puts Purchased on OM Group
Tuesday, July 5, 2011 - 10:27am | 134Shares of OM Group, Inc. (NYSE: OMG) are lower on the session by 2.96%, currently trading at $39.64. The stock has been moving largely higher over the past three months and is currently trading above the 50-day moving average. Options traders are buying puts on the name today. A short while ago...
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UPDATE: Wedbush Raises PT on Nalco Holding to $35
Tuesday, July 5, 2011 - 7:40am | 65Wedbush is out with its report on Nalco Holding (NYSE: NLC), raising its PT from $34 to $35. In a note to clients, Wedbush writes, "With margin recovery underway and continued strength in the company's top-line, we view multiples on 2012 as much more realistic and are modestly raising our price...
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News Summary for July 5, 2011
Tuesday, July 5, 2011 - 6:59am | 371This is your Benzinga news summary and traders' outlook for Tuesday, July 5, 2011, covering headlines from overnight and Tuesday's pre-market session. Today in domestic pre-market trading, U.S. equity futures and the U.S. dollar are trading slightly higher after a long weekend and following global...