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Concordis Group, Inc. Hires New Independent Audit Firm
Thursday, November 18, 2010 - 11:05am | 2213DESTIN, Fla., Nov. 17, 2010 /PRNewswire/ — Concordis Group, Inc. (Pink Sheets: CNGI), a growing financial holding company, announced today it has engaged Malone Bailey, LLP, as the company's new independent audit firm. Trent S. Sommerville, CEO of Concordis Group, Inc. stated “This is an exciting...
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Qualcomm Provides a Rosy Outlook - Analyst Blog
Thursday, November 18, 2010 - 10:18am | 910Qualcomm Inc. (QCOM) today declared that its chipset inventory level is lower than usual contradicting its prior announcement that the CDMA mobile phone chipset giant is witnessing an inventory glut during the fourth quarter of calendar year 2010 (the first quarter of fiscal 2011 for the company...
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Mad Money Lightning Round: Cramer Reiterates Buy On Apple (AAPL, VOD, CSTR, NFLX, UNP, CSX, NSC, CNI)
Thursday, November 18, 2010 - 6:04am | 163On CNBC's Mad Money, Jim Cramer said during the Lightning Round that he reiterates his buy on Apple (NASDAQ: AAPL). He added, “This is a very inexpensive stock. I am I buyer." Cramer advises the investors to sell Vodafone Group (NASDAQ: VOD). For Coinstar (NASDAQ: CSTR), he said, "I like Netflix (...
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Telecommunications Industry Outlook - Nov. 2010 - Industry Outlook
Wednesday, November 17, 2010 - 8:00pm | 1875The telecommunications industry encompasses a lot of technology-related businesses. Besides the legacy local and long-distance wireline phone services, telecommunications also include wireless communications, Internet services, fiber optics networks, cable TV networks and commercial satellite...
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Telecommunications Industry Outlook - Nov. 2010 - Zacks Analyst Interviews
Wednesday, November 17, 2010 - 8:00pm | 1875The telecommunications industry encompasses a lot of technology-related businesses. Besides the legacy local and long-distance wireline phone services, telecommunications also include wireless communications, Internet services, fiber optics networks, cable TV networks and commercial satellite...
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Amdocs Downgraded to Underperform - Analyst Blog
Wednesday, November 17, 2010 - 4:03pm | 601We downgrade our recommendation on Amdocs Limited (DOX) to Underperform on the basis of its disappointing financial outlook for the first quarter of fiscal 2011. Profitability will suffer as a result of higher expenses for productivity improvement, emerging market sales opportunity, and...
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Amdocs Downgraded to Underperform - Analyst Blog
Wednesday, November 17, 2010 - 10:27am | 601We downgrade our recommendation on Amdocs Limited (DOX) to Underperform on the basis of its disappointing financial outlook for the first quarter of fiscal 2011. Profitability will suffer as a result of higher expenses for productivity improvement, emerging market sales opportunity, and...
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Mad Money Lightning Round: Cramer Likes FLIR Systems (FLIR, RTN, GD, NOC, POT, S, FO, BBY, GLW, PVX, LINE)
Wednesday, November 17, 2010 - 4:40am | 257On CNBC's Mad Money, Jim Cramer said during the Lightning Round that he likes FLIR Systems (NASDAQ: FLIR) very much. He added, “This is a homeland security play, even though I wouldn't recommend other defense contractors like Raytheon (NYSE: RTN) or General Dynamics (NYSE: GD) or even Northrop...
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Sprint at Risk? - Analyst Blog
Tuesday, November 16, 2010 - 11:03am | 682The latest wireless industry buzz is on Sprint Nextel's (S) imminent danger, with Clearwire Corp. (CLWR) running a risk of defaulting its loan agreements. Sprint Nextel owns a hefty 54% stake in Clearwire and offers speedy data services to customers via 4G WiMax (a wireless broadband technology)...
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High Yield Israeli Stocks
Sunday, November 14, 2010 - 1:45am | 599A couple weeks ago, one of the hottest IPOs in a long time took place. SodaStream International Ltd. (SODA), an Israeli company, went public, selling 6,250,000 shares at $20 per share. SodaStream manufactures and markets home beverage carbonation systems, which can turn tap water into sparkling...
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Using Options for Insurance 11-12-2010
Friday, November 12, 2010 - 7:18pm | 889Cusick's Corner Over the last four sessions the action has been “the trend is your friend.” But when you have an overwhelming sense of complacency, insurance should be looked at. This reminds me of the Mayhem commercials from Allstate, you have no insurance or cutthroat, and I guess it would make...
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Charles River Misses, Trims Outlook - Analyst Blog
Friday, November 12, 2010 - 3:33pm | 517Charles River Laboratories International Inc. (CRL) posted third quarter fiscal 2010 earnings (excluding special items) of 45 cents per share, falling short of the Zacks Consensus Estimate of 49 cents and 30.8% below the year-ago earnings of 65 cents. The decrease in earnings was attributable to...
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Puts Purchased on Clearwire Corporation (CLWR)
Friday, November 12, 2010 - 2:23pm | 142Shares of Clearwire Corporation (NASDAQ: CLWR) are lower on the session by 5.23%, currently trading at $6.34. The stock has been moving largely lower over the past six months, and is currently trading below the 50-day and 200-day moving averages. Options traders are buying puts on the name today....
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Federated Investors' Closed-End Municipal Funds Declare Monthly Dividends
Friday, November 12, 2010 - 10:26am | 79Federated Premier Municipal Income Fund (NYSE: FMN) and Federated Premier Intermediate Municipal Income Fund (NYSE: FPT) have declared their monthly dividends of $0.087 and $0.070 respectively. The funds seek to provide investors with current dividend income that is exempt from regular federal...
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Options Brief: China Unicom (CHU)
Thursday, November 11, 2010 - 4:13pm | 92Shares of China Unicom (NYSE: CHU) are higher on the session by 2.46%, trading at $14.58. Overall put volume is now running at 8.28x the daily average, with 96% of all puts traded being purchases on the offer. 1,143 contracts have traded on the session so far. China Unicom Limited is an integrated...