Month: August 2011

Peter Schiff

Listener Questions 8-04-1Preview

August 4, 2011 0

[youtube gY6Mb21x2Sw] Kaz from Toronto, Ontario (CA): When you say we need more manufacturing jobs, do you mean more blue-collar jobs, or jobs that don’t need physical labor but are in involved in producing tangible things? Submit your webcast questions here: http://schiffradio.com/contactus?loadForm=4#contactForms […]

Stock Analysts

Unilever’s Bright Q2 (PG) (UL)

August 4, 2011 0

Unilever Plc. ( UL ) delivered robust earnings of $1.09 per share in the second quarter of 2011, moving up by 10% from the year-ago period. It also surpassed the Zacks Consensus Estimate of 36 cents by 11.11% […]

Stock Analysts

El Paso Beats Estimates (EP) (WMB)

August 4, 2011 0

El Paso Corporation ( EP ) announced its second-quarter 2010 operating earnings of 34 cents per share, beating the Zacks Consensus Estimate by a dime. The results of the company surpassed the year-ago figure by 13 cents. GAAP earnings per share in the quarter were 25 cents versus 22 cents in the second quarter of 2010. […]

Stock Analysts

Equifax Buys Datavision (CSCO) (DELL) (EFX) (IBM) (MSFT)

August 4, 2011 0

Equifax Inc . ( EFX ) is one of the leaders in facilitating and securing commerce through proprietary databases containing information on approximately 400 million consumers and businesses worldwide. The company recently announced the acquisition of DataVision Resources, a leading provider of data and business solutions to the mortgage, insurance and financial services industries. […]

Stock Analysts

GM Outshines, Profit Doubles (F) (GM)

August 4, 2011 0

General Motors Company ( GM ) posted a profit of $2.54 billion or $1.54 per share in the second quarter of the year, which almost doubled from $1.33 billion or 85 cents per share in the same quarter of 2010. With this, the automaker has beaten the Zacks Consensus Estimate by 33 cents per share. […]

Stock Analysts

OGE Energy Beats Estimates (OGE)

August 4, 2011 0

OGE Energy Corporation ( OGE ) reported its second quarter 2011 results. In the reported quarter, the company with pro forma and GAAP earnings of $1.04 per share topped the Zacks Consensus Estimate of 88 cents. The results also comfortably beat year-ago earnings of 78 cents per share. […]

Stock Analysts

Hartford’s Bottom-line Sinks (AIG) (HIG) (MET)

August 4, 2011 0

Hartford Financial Services Group Inc. ( HIG ) reported second-quarter core earnings of $12.0 million or 2 cents per share, beating the Zacks Consensus Estimate by 1 cent. However, Hartford was way behind core earnings of $193 million or 38 cents per share reported in the second quarter of 2010. […]

Stock Analysts

PRA Profits Soar, Ratios Improve (PRA)

August 4, 2011 0

ProAssurance Corporation ( PRA ) reported its second-quarter operating earnings of $53.7 million or $1.74 per share, which surpassed the Zacks Consensus Estimate of $1.26. This also compares favorably with earnings of $42.3 million or $1.29 per share in the prior-year quarter. Operating income excludes the after-tax effects of net realized gains or losses and guaranty fund assessments or recoupments. […]

Stock Analysts

SCANA Bottom Line Lags, Revs Beat (PGN) (SCG)

August 4, 2011 0

Natural gas and electric company SCANA Corporation ( SCG ) has reported second quarter 2011 earnings of 43 cents per share, missing the Zacks Consensus Estimate of 49 cents. The quarterly results were in line with the year-ago profit level and driven by improved electric margins on base rate hikes and lower operations and maintenance expenses, partially offset by the higher depreciation, higher interest expense and share dilution. […]

Stock Analysts

Cardinal Beats Narrowly in 4Q (ABC) (CAH) (CFN) (MCK)

August 4, 2011 0

Leading distributor of pharmaceuticals and medical supplies Cardinal Health ( CAH ) posted fourth-quarter fiscal 2011 (ended June 30) adjusted (excluding one-time charges and gains) earnings per share from continuing operations of 59 cents, beating the Zacks Consensus Estimate by a penny and exceeding the year-ago earnings of 50 cents. Earnings from continuing operations (as reported) rose roughly 7% year over year to $207.3 million (or 58 cents a share). […]

Stock Analysts

Charles River Beats, Sales Dull (CRL)

August 4, 2011 0

Charles River Laboratories International Inc. ( CRL ) reported second quarter 2011 earnings (excluding special items) of 70 cents per share, above the Zacks Consensus Estimate of 60 cents and year-ago earnings of 50 cents per share. Earnings were boosted by factors like share repurchases, expansion in operating income and foreign exchange benefits rather than an improvement in the demand environment for the company’s services. […]