Month: August 2011

Featured

The World MoneyShow Comes to Vancouver

August 19, 2011 WALL STREET 2

The World MoneyShow is coming to Vancouver September 19-21, 2011. At the expo you can meet face to face with leading investment experts and maybe even get answers to your most burning financial questions.

Discover cutting-edge investment opportunities and gain insight on how to best position your portfolio for profit, in 2011 and beyond. […]

Momentum Stocks

Logitech International (LOGI) – Bear of the Day (LOGI)

August 19, 2011 0

We are downgrading our Neutral recommendation on Logitech International ( LOGI ) to Underperform with a target price of $8.25. In the recently concluded quarter, the company witnessed lower than expected sales, especially in the EMEA region. The weakness in EMEA was the result of lower-than-expected demand late in the fourth quarter and poor execution of pricing in channel programs in the region. […]

Momentum Stocks

Tesoro Corporation (TSO) – Bull of the Day (TSO)

August 19, 2011 0

We maintain our long-term Outperform recommendation on Tesoro Corporation ( TSO ) following a stellar second quarter 2011 performance. Higher throughput, improved margin environment and efficient operational performance aided the company to beat our earnings per share and revenue projections. […]

Momentum Stocks

Keynote Systems, Inc. – Momentum (KEYN)

August 19, 2011 0

Keynote Systems, Inc. ( KEYN ) has seen big gains over the last 12 months, recently hitting a new all-time high after reporting strong Q3 results that included a hefty 25% earnings surprise. With an average earnings surprise of 40% over the last four quarters and estimates on the rise, this Zacks #1 Rank stock is floating with momentum […]

Mad Money Episodes

America in Perspective

August 18, 2011 0

[cnbc 3000040227] Mad Money host Jim Cramer talks about following a 2008 strategy in today’s market, while the CNBC news team looks at Tweets from across America. And Wendy Waugaman, American Equity Investment Life Holding Co., and Bill George, former CEO of Medtronic and professor at Harvard Business School, discuss how to create jobs in the U.S. and where you can find guaranteed income in this market. […]

Stock Analysts

Exxon to Offload Malaysian Stakes (COP) (CVX) (XOM)

August 18, 2011 0

Oil giant ExxonMobil Corporation ( XOM ) has entered into an asset sale agreement with Philippine conglomerate San Miguel Corporation (“SMC”). Per the deal terms, ExxonMobil will offload its stakes in three businesses operating in the Malaysian downstream petroleum sector for a total consideration of $610 million. The sale will facilitate the U.S.-based ExxonMobil to focus on its Malaysian upstream business, chemicals, lubricants and global business support The deal, which is subject to the customary closing conditions, is expected to be completed in the first half of 2012. […]

Stock Analysts

Hanger Retained at Neutral (CNMD) (EXAC) (HGR) (OFIX) (OMI)

August 18, 2011 0

We reaffirm our Neutral rating on orthotic and prosthetic (O&P) company Hanger Orthopedic ( HGR ) following its second-quarter fiscal 2011 results. Adjusted earnings of 45 cents met the Zacks Consensus Estimate while profit zoomed 58% year over year owing to the combined impact of higher sales and lower relocation charges. […]

Stock Analysts

Endo Pharma Ends Axomadol Deal (CEPH) (ENDP) (PFE)

August 18, 2011 0

Endo Pharmaceuticals ( ENDP ) recently announced that it has called off its partnership with German pharmaceutical company Grunenthal GMBH Grunenthal GMBH relating to pain candidate axomadol. The development, license and supply deal was inked by the companies in February 2009 thus providing Endo Pharma exclusive right to develop and market axomadol in the US and Canada. The decision followed the disappointing showing of axomadol in a mid-stage trial (n=236). […]