Month: August 2011

Stock Analysts

Bon-Ton Lags, Trims Outlook (BONT) (SKS)

August 22, 2011 0

Bon-Ton Stores Inc ( BONT ) reported a loss of $1.78 per share in the second quarter of 2011, much wider than the Zacks Consensus Estimate of a loss of $1.60, but better than the year-ago quarter loss of $1.91. The year-over-year improvement in the quarter reflects lower expense and a favorable tax benefit. […]

Mergers & Acquisitions

RBA Consulting to Acquire Digital Marketing Technology Firm, Ratchet

August 22, 2011 0

RBA Consulting to Acquire Digital Marketing Technology Firm, Ratchet PR Newswire MINNEAPOLIS, Aug. 22, 2011 MINNEAPOLIS , Aug. 22, 2011 /PRNewswire/ — RBA Consulting, a nationally-recognized technology firm with headquarters in Minneapolis , announced today that it has signed a definitive agreement to acquire Ratchet, Inc., a Minneapolis -based technology firm specializing in digital marketing solutions […]

Stock Analysts

Earnings Preview: Toll Brothers (DHI) (HOV) (PHM) (TOL)

August 22, 2011 0

Toll Brothers Inc. ( TOL ) is scheduled to release its third quarter 2011 results before the market opens on August 24, 2011. Horsham, Pennsylvania-based Toll Brothers incurred a net loss of 19 cents per share in the previous quarter, much wider than the Zacks Consensus Estimate of a loss of 5 cents per share. […]

Stock Analysts

Benihana Sales Up on Higher Traffic (BNHN) (MSSR) (PFCB)

August 22, 2011 0

Benihana Inc ( BNHN ), the largest operator of Japanese restaurants in the U.S, posted restaurant sales of $26.7 million in the four-week period ending August 14, 2011 up 5.7% from $25.2 million delivered in the year-ago period. The upside in sales was primarily driven by improved comparable restaurant sales across all three restaurant concepts due to higher traffic. The company’s comparable restaurant sales grew 6.1% in the first four-week period of the second quarter of 2012, representing the nineteenth consecutive period of growth […]

Stock Analysts

Oil Retreat a Key Positive (BP) (E)

August 22, 2011 0

With nothing much on the economic docket for today, stocks will likely get a lift from the emerging Libyan picture. The resumption of Libya’s long-stalled oil supplies in the wake of the imminent collapse of the Qadhafi regime will be a major boost for the global economy. […]

Stock Analysts

Celgene to Reward Stockholders (CELG)

August 22, 2011 0

Recently Celgene Corporation ( CELG ) announced that its board has cleared a program to buy back up to an additional $2 billion of its common stock, thus returning cash to shareholders. The repurchase program, effective immediately, is open-ended. […]

Stock Analysts

Darden Spreads Wings in Mexico (DRI) (EAT) (PFCB)

August 22, 2011 0

Florida-based Darden Restaurants Inc. ( DRI ) recently announced that it has inked a development agreement with a Mexican casual dining company, CMR, to enter the Mexican market. CMR will develop and operate all three Darden brands –– Red Lobster, Olive Garden and LongHorn Steakhouse –– in Mexico […]