Month: July 2011

Mad Money Episodes

Cramer’s Debt Game Plan

July 29, 2011 0

[cnbc 3000035907] Even if the Washington can’t come to a debt ceiling compromise and we get a soft default next week, there will still be stocks that are worth buying, says Mad Money host Jim Cramer. […]

Stock Analysts

Costs Spoil Merck KGaA’s EPS (BIIB) (MKGAF) (TEVA)

July 29, 2011 0

Merck KGaA’s ( MKGAF ) second quarter 2011 results fell short of the Zacks Consensus Estimate on all fronts, although it reported higher year-over-year revenues. Earnings per share for the second quarter 2011 came in at $1.32, substantively below the Zacks Consensus Estimate of $2.62 and the year-ago earnings of $2.07. Higher operating expenses washed down the gains in revenues to drag the earnings lower […]

Stock Analysts

Abaxis Misses, Margins Fall (ABAX) (ALR)

July 29, 2011 0

Abaxis Inc. ( ABAX ) reported first quarter 2012 EPS of 10 cents, 37.5% down from the year-ago quarter EPS as well as the Zacks Consensus Estimate of 16 cents. The decline in EPS was partly driven by an increase in share count from 22,750,000 in year-ago quarter to 23,095,000 in the reported quarter. […]

Stock Analysts

McKesson Impresses, Ups View (MCK)

July 29, 2011 0

McKesson Corp. ’s ( MCK ) first quarter fiscal 2012 earnings of $1.27 per share (excluding special items) outperformed the Zacks Consensus Estimate by 13 cents and the year-ago earnings by 11 cents. Higher revenues and lower share count helped boost earnings […]

Mad Money Episodes

Cramer on Debt Limit Talks

July 29, 2011 0

[cnbc 3000035906] What matters is what the compromise looks like, the one between the Senate and the House, between the Democrats and the Republicans, and whether we get a compromise at all, says Mad Money host Jim Cramer. […]

Mergers & Acquisitions

Xenith Bank Assumes All Deposits and Acquires Assets of Virginia Business Bank, Richmond, Virginia, Under Purchase and Assumption Agreement with FDIC

July 29, 2011 0

Xenith Bank Assumes All Deposits and Acquires Assets of Virginia Business Bank, Richmond, Virginia, Under Purchase and Assumption Agreement with FDIC Transaction Strengthens Xenith’s Franchise, Grows Assets and Deposits and is Accretive to Equity and Operating Income PR Newswire RICHMOND, Va., July 29, 2011 RICHMOND, Va. , July 29, 2011 /PRNewswire/ — Xenith Bankshares, Inc. (NASDAQ: XBKS), parent company to Xenith Bank, today announced that Xenith Bank has assumed all deposits and acquired substantially all of the assets of Virginia Business Bank, Richmond, Virginia , which was closed today by the Virginia State Corporation Commission, under a purchase and assumption agreement between Xenith Bank and the Federal Deposit Insurance Corporation (FDIC). […]

Stock Analysts

TGI Outshines, Sharpens Outlook (AIR) (GR) (TGI)

July 29, 2011 0

On July 28, Triumph Group Inc. ( TGI ) reported encouraging results for the first quarter of fiscal 2012. First-quarter earnings per diluted share came in at $1.00 excluding Vought acquisition expense, showing an improvement from 66 cents in the year-ago comparable quarter […]

Stock Analysts

MetLife Growth on Track with ALICO (AIG) (MET) (PRU)

July 29, 2011 0

MetLife Inc. ( MET ) reported second quarter operating earnings per share of $1.24, surpassing the Zacks Consensus Estimate of $1.11 per share and $1.10 per share in the year-ago quarter. Operating earnings jumped 45% year over year to $1.33 billion from $914 million in the year-ago period. […]