Month: August 2011

Zumiez, Inc. ( ZUMZ ) is scheduled to report second-quarter 2011 financial results on August 31, 2011. The current Zacks Consensus Estimate for the quarter is earnings of 5 cents a share […]

Oil and gas service provider, Noble Corporation ( NE ) has inked a 70-day contract with U.S. energy firm Apache Corp. […]

China Petroleum and Chemical Corporation ( SNP ), aka Sinopec, reported first half 2011 net income of 40.24 billion yuan (US$6.144 billion) and earnings per share of 0.464 yuan ($7.08 per ADS), both up 9.4% year over year. The increase can be attributable to higher capacity, domestic economic growth, and most importantly increased prices for petroleum and related products. Operational Performance Sinopec’s crude oil production dropped 5.4% year over year to 156.32 million barrels, while natural gas volumes surged 26.6% to 253.88 billion cubic feet […]

Lockheed Martin Corporation ( LMT ) and the U.S. Air Force Research Laboratory ("AFRL") Munitions Directorate have entered into a five-year cooperative research and development agreement (“CRADA”) under which AFRL will assess the viability of Lockheed’s cooled tri-mode seeker for integration onto Air Force weapon platforms. Lockheed’s tri-mode seeker has a semi-active laser sensor, an imaging infrared (“I2R”) sensor and millimeter wave radar into a single seeker with a common aperture […]

We recently reiterated our Underperform rating on Merge Healthcare Incorporated ( MRGE ) with a target price of $5.25. Merge reported an adjusted EPS of 6 cents in the second quarter of fiscal 2011, well above the year-ago qu arter's los s of 3 cents per share. Solid growth across all the company’s segments triggered a 92% year-over-year increase in total revenue to $55.6 million in the quarter. […]

The Boeing Company ’s ( BA ) much touted 787 Dreamliner series airplane has received U.S. Federal Aviation Administration (FAA) and European Aviation Safety Agency (EASA) certifications having complied with all federal and European regulations. […]