We have upgraded our recommendation on Texas Capital Bancshares Inc. ( TCBI ) to Outperform from Neutral following a detailed analysis of its fundamentals in light of the current economic environment. Texas Capital reported second quarter 2011 operating earnings of 44 cents per share, which came in well ahead of the Zacks Consensus Estimate of 36 cents. […]
[youtube mbrdF2uXA3w] This time Max Keiser and co-host, Stacy Herbert, report from New York City. They discuss the exorbitant privilege America is about to lose. They look at football players with AAA credit ratings and at Apple’s cash stockpile bigger than Americas. […]
Texas Roadhouse Inc. ( TXRH ) recently posted second quarter 2011 earnings of 22 cents, which missed the Zacks Consensus Estimate of 24 cents and declined 7% year over year. The results were lower than expected due to higher costs that contracted margin. […]
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Montpelier Re Holdings Ltd. ’s ( MRH ) MACD indicator has entered into bearish territory with a reading of -0.2635. The Zacks #5 Rank (“Strong Sell”) stock decreased more than 1% to $16.79 in morning trade. […]
CGG Veritas (ADR) ’s ( CGV ) MACD indicator has entered into bearish territory with a reading of -1.4047. The Zacks #5 Rank (“Strong Sell”) stock decreased more than 11% to $25.58 in morning trade. […]
Tessera Technologies, Inc. ’s ( TSRA ) MACD indicator has entered into bearish territory with a reading of -0.2794. […]
AXIS Capital Holdings Limited ( AXS ) repor ted second-quarte r operating earnings of 65 cents per share, comfortably exceeding the Zacks Consensus Estimate of 52 cents. Results, however, compared unfavorably with $1.13 earned in the prior-year period. […]
MoneyGram International Inc. ( MGI ) reported first quarter loss per share of 26 cents, substantially lower than the Zacks Consensus Estimate of earnings of 2 ce nts, but in li ne with the year-ago quarter. Results included stock-based compensation costs of $4.6 million, $2.9 million of restructuring and reorganization costs and $1.5 million in costs associated with the recapitalization […]
CONSOL Energy Inc. ( CNX ) reported earnings on the back of record revenue growth at the company’s Coal division, which saw a rise for five quarters in a row. Adjusted earnings of 76 cents per share for the second quarter of 2011 matched the Zacks Consensus EPS forecast […]
[marketwatch 2F68CCD0-B384-4C5D-8663-51557A4714ED] Markets Hub: GM Profit Nearly Doubles […]
[marketwatch 2F68CCD0-B384-4C5D-8663-51557A4714ED] Markets Hub: GM Profit Jumps 92% […]
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Summit Hotel Properties, Inc. ’s ( INN ) MACD indicator has moved into bearish territory with a reading of -0.0138. […]
Ken Nagy, CFA For Commtouch Mobile Holds Promise On August 3, 2011, the cloud-based Internet security provider, Commtouch Software Ltd., ( CTCH ) reported financial results for its fiscal 2011 second quarter, ended June 30, 2011. A solid second quarter performance resulted in a 39 percent year over year increase in revenue, with revenue expanding to $5.696 million from $4.104 million for the three months ended June 30, 2010. U.S. […]
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