Month: November 2011

Stock Analysts

Medicis Misses Zacks Consensus (AGN) (MRX)

November 11, 2011 0

Medicis Pharmaceutical Corp.’s ( MRX ) third quarter fiscal 2011 earnings per share (EPS) declined 16.1% from the prior-year quarter to 56 cents. While third quarter 2011 earnings were within management’s guidance range of 48 cents to 67 cents per share, earnings were well below the Zacks Consensus Estimate of 61 cents per share. Higher research and development (R&D) and promotional costs during the quarter pulled the earnings down. […]

Stock Analysts

Bond Market Holiday, Europe Saga Continues (DIS) (JWN) (NVSA)

November 11, 2011 0

With the bond market taking the day off in observance of the Veterans Day and the economic calendar relatively on the thin side, Europe will likely remain the dominant issue in the market. And the overall tone of European headlines appears to be on the reassuring side. This should help the market sustain the positive momentum from Thursday […]

Stock Analysts

SBS Plummets, 3Q Lags Estimate

November 11, 2011 0

Sao Paulo, Brazil-based Companhia de Saneamento Basico do Estado de Sao Paulo, or SABESP’s ( SBS ) net income for the third quarter 2011 fell drastically by 84.4% year over year to R$68.0 million (US$41.7 million). Earnings per share in the quarter were R$0.30 per share (US$0.37 per ADR). Earnings per ADR lagged behind the Zacks Consensus Estimate of US$2.13 per ADR by a wide margin. […]

Technicals

Zacks #5 Rank Additions for Friday – Tale of the Tape (ACTG) (AFFY) (ALEX) (CLMS) (DIOD)

November 11, 2011 0

Here are 5 stocks added to the Zacks #5 Rank ("strong sell") List today: Acacia Research ( ACTG ) Affymax Inc ( AFFY ) Alexander & Baldwin ( ALEX ) Calamos Asset ( CLMS ) Diodes Inc ( DIOD ) View the entire Zacks #5 Rank List . ACACIA RES-TECH (ACTG): Free Stock Analysis Report AFFYMAX INC (AFFY): Free Stock Analysis Report ALEX & BALDWIN (ALEX): Free Stock Analysis Report CALAMOS ASSET-A (CLMS): Free Stock Analysis Report DIODES INC (DIOD): Free Stock Analysis Report Get all Zacks Research Reports and be alerted to fast-breaking buy and sell opportunities every trading day. […]

Technicals

Zacks #1 Rank Additions for Friday – Tale of the Tape (AAP) (CALM) (CTIC) (CXS) (GRMN)

November 11, 2011 0

Here are 5 stocks added to the Zacks #1 Rank ("strong buy") List today: Garmin Ltd ( GRMN ) Advance Auto Parts ( AAP ) Cal-Maine Foods ( CALM ) Cell Therapeutics ( CTIC ) Crexus Investment ( CXS ) View the entire Zacks #1 Rank List . ADVANCE AUTO PT (AAP): Free Stock Analysis Report CAL-MAINE FOODS (CALM): Free Stock Analysis Report CELL THERAPEUT (CTIC): Free Stock Analysis Report CREXUS INVESTMT (CXS): Free Stock Analysis Report GARMIN LTD (GRMN): Free Stock Analysis Report Get all Zacks Research Reports and be alerted to fast-breaking buy and sell opportunities every trading day. […]

Stock Analysts

GOL’s Weak 3Q, Reiterates Guidance

November 11, 2011 0

On November 10, 2011, GOL Linhas A ( GOL ) reported financial results for the third quarter of fiscal 2011. Net loss in the quarter was recorded at R$516.5 million (US$316.9 million) compared with a net income of R$110.0 million (US$63.2million) in the year-ago quarter. The loss was primarily attributable to the depreciation of the Brazilian currency against dollar, which generated a huge net expense from the foreign exchange variation; as most of the company’s financial liabilities are represented in Dollars. […]

Stock Analysts

DineEquity Tops, Lowers Guidance (DIN) (EAT)

November 11, 2011 0

DineEquity Inc. ( DIN ) reported third quarter adjusted earnings of $1.04 per share, comfortably beating the Zacks Consensus Estimate 99 cents and the prior-year earnings of 95 cents. Revenues in the reported quarter plunged 21.2% year over year to $264.5 million […]

Mergers & Acquisitions

Emmis Announces Agreements to Purchase Certain Preferred Shares

November 11, 2011 0

Emmis Announces Agreements to Purchase Certain Preferred Shares PR Newswire INDIANAPOLIS, Nov. 11, 2011 INDIANAPOLIS , Nov. 11, 2011 /PRNewswire/ — Emmis Communications Corporation (NASDAQ: EMMS; EMMSP) today announced that it signed agreements with certain holders of its 6.25% Series A Cumulative Convertible Preferred Stock to purchase their shares of Preferred Stock and that it signed an agreement with Zell Credit Opportunities Master Fund, L.P […]