Month: August 2011

Stock Analysts

America Movil to Own Telmex (AMX) (TMX) (TV)

August 2, 2011 0

The Mexican telecom giant, America Movil ( AMX ) plans to acquire the entire ownership of its fixed-line operation Telefonos de Mexico SAB ( TMX ) or Telmex in Mexico. Currently, America Movil is the biggest shareholder of Telmex owning 59.4% stake. The company is now looking forward to buying the remaining interest […]

Mad Money Episodes

ALKS: In Good Health?

August 2, 2011 0

[cnbc 3000036660] In a tough market, Mad Money host Jim Cramer is looking for stocks that can work regardless of the ugliness in Europe, or the lack of hiring here in the United States. Richard Pops, chairman and CEO of Alkermes, weighs in. […]

Stock Analysts

American Tower Outperforms (AMT) (CCI)

August 2, 2011 0

American Tower Corp. ( AMT ) today announced its second-quarter 2011 financial results. The company’s top line witnessed significant upside primarily attributed to the rise in demand for broadband data services coupled with the company’s global expansion strategy […]

Mad Money Episodes

PPG CEO Talks Growth

August 2, 2011 0

[cnbc 3000036657] Despite today’s miserable decline, Mad Money host Jim Cramer thinks investors should circle back to companies that delivered terrific quarters. “PPG delivered $2.12 of earnings per share, a 9-cent beat, on stronger than expected revenues that rose 15.3% year over year,” says Cramer. Chuck Bunch, chairman […]

Stock Analysts

HSBC to Trim Workforce (BCS) (FNFG) (HBC) (UBS)

August 2, 2011 0

HSBC Holdings PLC ( HBC ) is restructuring its business and trimming its workforce. The 30,000 layoffs in the next two years are part of the company’s effort to reduce costs. The restructuring measures had commenced early this year in Latin America, the U.S., UK, France and the Middle East […]

Stock Analysts

Principal Financial Beats by a Penny (LNC) (PFG)

August 2, 2011 0

Principal Financial Group ( PFG ) reported second-quarter operating earnings of 73 cents per share, exceeding the Zacks Consensus Estimate by a penny. Results comfortably surpassed 59 cents earned in the prior-year quarter. Operating earnings were $237.3 million, up 25% from $190.4 million in the corresponding quarter last year […]

Stock Analysts

Becton Beats, Boosts Guidance (BAX) (BDX)

August 2, 2011 0

Becton, Dickinson and Company ( BDX ) reported third-quarter fiscal 2011 earnings per share of $1.51, beating the Zacks Consensus Estimate of $1.43 while sailing past the year-ago earnings of $1.23 per share. Net income (from continued operations) rose 14.9% year over year to $338.1 million on account of higher revenues from all segments. Revenues Becton Dickinson posted sales of $2,014 million, up 10% (or 4.8% in constant currency) year over year, greater than the Zacks Consensus Estimate of $1,984 million […]