Month: August 2011

GameStop Corporation ( GME ), the video game and entertainment software retailer, recently posted soft second-quarter 2011 results. Street analysts had over a week to ponder on the company’s scores. In the paragraphs that follow, we cover the recent earnings announcement, subsequent estimate revisions by the analysts as well as the Zacks Rank and long-term recommendation for the stock […]

Tech major Hewlett-Packard Company ( HPQ ) recently announced a new solution for insurance providers. The company recently expanded its life, health and annuity policy administration systems, thereby helping insurance providers to improve agility, mitigate risk and accelerate delivery of new products. The insurance industry is growing rapidly and this move by H-P is expected to help insurance providers expand their business to a considerable extent. […]

General Motors Company ’s ( GM ) European arm, Opel, expects to break even in 2011, a year earlier than its previous projection. The unit anticipates its sales volumes to go up by 100,000 units to 1.4 million vehicles next year. The company intends to achieve 5% return on sales by 2016 […]

BlackBerry maker Research In Motion, Ltd. , ( RIMM ) recently announced its plan to upgrade its service offerings by adding another value-added service to its portfolio. […]

We are maintaining a long-term Neutral recommendation on Clorox Corporation ( CLX ) with a target price of $67.00 per share. Moreover, the company has a Zacks #3 Rank, implying a short-term Hold rating on the stock. Clorox is one of the world's leading manufacturers of consumer products. […]