Mergers & Acquisitions

Travalliance™ Acquires Destination Ventures

Travalliance™ Acquires Destination Ventures Acquisition adds leading provider of training for travel agents to its growing portfolio of education and relationship marketing services PR Newswire WESTAMPTON, N.J., Aug. 15, 2011 WESTAMPTON, N.J. , Aug […]

Stock Analysts

Chicken Feed Getting Expensive (PPC) (SFD) (TSN)

Meat producers like Tyson Foods Inc. ( TSN ) will find feeding their stocks with corn to be dearer as corn, soybean and wheat prices surged following the U.S. government’s announcement that the farmers may not meet the expectation offered by it due to the damaging heat wave across the nation. […]

Stock Analysts

Is a Recession Priced In? (AAPL) (BAC) (WMT)

The Earnings Picture Second quarter earnings season is almost over, with 459 — 91.8% — of the S&P 500 reports in. With the exception of a handful of financial companies, most notably Bank of America ( BAC ), which had a $12 billion negative swing in net income from last year, this has been another great earnings season. The year-over-year growth rate for the S&P 500 is 12.2%, way off the 17.5% pace those same 459 firms posted in the first quarter […]

Stock Analysts

Sara Lee Continues Slimming (SLE)

Sara Lee Corp. ( SLE ), one of the world’s leaders in manufacturing and marketing of a range of branded packaged meat, bakery, and beverage products, registered decent fourth quarter 2011 earnings of 20 cents per share that shot up by 186% from 7 cents posted in the year-ago period. Earnings were in line with the Zacks Consensus Estimate. […]

Stock Analysts

Earning Scorecard: Comcast (CMCSA) (NFLX) (T) (VZ)

Comcast Corp. ( CMCSA ) reported blockbuster second quarter 2011 financial results, which exceeded the Zacks Consensus Estimate. This fabulous performance was attributable to higher broadband subscribers’ addition and increased contribution from NBC Universal, where Comcast holds a controlling stake since January 2011. […]