Month: August 2011

International Business Machines Corp. ( IBM ) , heaved a sigh of relief after the three companies which manufacture IBM-compatible mainframe hardware and software agreed to drop anti-trust complaints in the U.S. and Europe. […]

Technology and solutions provider for the retail and financial services industries, NCR Corporation ( NCR ), recently entered into a strategic alliance with Scopus Tecnologia for manufacturing and developing ATMs in Brazil. According to the deal, Scopus will acquire a 49.0% equity stake in NCR Manaus, NCR’s Brazilian manufacturing and engineering operations. […]

Denbury Resources Inc. ( DNR ) has reported second-quarter 2011 earnings of 37 cents per share (excluding one-time items), beating our expectation of 33 cents. […]

Natural Resource Partners L.P. ( NRP ) announced its second-quarter 2010 operating earnings of 48 cents per unit, surpassing the Zacks Consensus Estimate by 4 cents. The results of the partnership were a dime ahead of the year-ago figure […]

Waste Management Inc. ( WM ) recently announced the acquisition of Access Computer Products Inc., a leading provider of cell phone, ink and toner cartridge, and consumer electronics reverse logistics, remarketing, and recycling services, through its subsidiary WM Recycle America, L.L.C. In addition, WM also acquired Mordell, LLC, Access’ re-commerce partner responsible for refurbishing and selling used computer equipment obtained through Access and other third party suppliers […]

Second quarter operating earnings for Walter Energy Inc. ( WLT ) came in at $2.36 per share, falling substantially short of the Zacks Consensus Estimate of $4.09. […]

DIRECTV ( DTV ), the largest satellite TV operator of the U.S., declared excellent second quarter 2011 financial results before the opening bell today. The solid result was the combined effect of a double-digit revenue growth, significant margin expansion, and better-than-expected net customer addition. Management’s strategy to target high-end customers paid-off well as the demand for the company’s HD channels and digital-video recording services sky rocketed in the reported quarter […]

Before the bell, Ameren Corporation ( AEE ) reported its second quarter 2011 results with pro forma earnings of 59 cents per share far below the prior-year figure of 73 cents per share. It missed the Zacks Consensus Estimate of 62 cents as well. The downside reflects decrease in kilowatt-hour sales to regulated utility customers due to milder temperatures in the quarter, increased storm-related expenses, higher tax rates and lower capitalized financing costs […]

Genomic Health ( GHDX ) reported an EPS of 8 cents in the second quarter of fiscal 2011, way above both the Zacks Consensus Estimate of 2 cents and EPS of 3 cents in the year-ago period driven by higher revenues. Total revenue in the reported quarter climbed 17% year over year to $50.8 million, in line with the Zacks Consensus Estimate. Product revenues (primarily from the Oncotype DX breast cancer test) climbed approximately 19% to $50.5 million in the quarter […]

With the 10-year T-note yielding only 2.50%, those investors interested in getting income from their investments are in sort of a tough place. Dividend paying stocks are a very good place to look for a replacement. […]

Power utility company Progress Energy Inc’s ( PGN ) second-quarter 2011 operating earnings of 71 cents per share, jumped above the Zacks Consensus Estimate and year-ago earnings of 63 cents. In the second quarter, Progress Energy Carolinas contributed 37 cents to operating earnings per share, while Progress Energy Florida contributed 48 cents. […]