Month: November 2011

New Contract Sales up at DATATRAK Ken Nagy, CFA On November 9, 2011, DATATRAK International, Inc. ( DATA ) , a technology and service provider of electronic clinical trial technology solutions for the clinical trials industry, reported third quarter fiscal 2011 results with a nearly 13 percent year over year increase in sales with revenue expanding to $2.050 million during the three months ended September 30, 2011. […]

L-3 Communications Holdings Inc. ( LLL ) reported better-than-expected third quarter 2011 results on October 28, 2011. In the quarter, the company reported diluted earnings per share of $2.24, comfortably surpassing the Zacks Consensus Estimate of $2.15 and the year-ago quarterly earnings of $2.07 per share. […]

Defense contractor General Dynamics Corporation ( GD ) announced that its unit General Dynamics Advanced Informational Systems received a contract from the U.S. Navy's Naval Sea Systems Command worth $86.7 million. The company will design and build the Surface Mine Countermeasure Unmanned Underwater Vehicle ("SMCM UUV") system. […]

A.M. Best Co. […]

Northrop Grumman Corporation ( NOC ) has received a $109 million contract from the U.S. Air Force to produce a redesigned aft deck for the B-2 stealth bomber that will bolster the world's most survivable aircraft. The B-2 Spirit stealth bomber is the only long-range, large-payload aircraft that can penetrate deeply into protected airspace […]

Recently, Edwards Lifesciences Corporation ( EW ) received conditional approval from the US Food and Drug Administration for enrollment of a certain group of patients in the PARTNER II trial. The trial is studying the company’s next-generation Sapien XT transcatheter heart valve (THV). […]

Tetra Tech Inc. ( TTEK ) reported fourth-quarter and full year fiscal 2011 financial results, with earnings per share of 42 cents, above the Zacks Consensus Estimate of 40 cents and the prior-year earnings of 35 cents per share. For fiscal 2011, earnings per share were $1.43, above the Zacks Consensus Estimate of $1.41 cents and $1.21 in fiscal 2010. […]

Jacobs Engineering Group Inc. ( JEC ) recently announced winning of two strategic contracts – one from Sadara Chemical Company and another from Shell Downstream Distribution. […]

On November 10, 2011, TAM S.A. ( TAM ) reported its financial results for the third quarter of fiscal year 2011. TAM reported a net loss of R$619.7million (US$380.2 million) in the quarter, down drastically from the net income of R$733.5 million (US$421.6 million) in the year-ago quarter […]

HSBC Holdings Plc ’s ( HBC ) third-quarter 2011 net profit came in at $5.2 billion, up 66% from $3.2 billion in the year-ago quarter. Results for the reported quarter included favorable credit spread movements of $4.1 billion on the fair value of the company’s recognized debt. The year-over-year improvement was primarily led by continued strong performance by the Commercial Banking segment and a significant improvement in profit of the Other segment […]

CBS Corporation ( CBS ), a diversified conglomerate, has marked its presence virtually in every sphere of media and entertainment through its divisions, and remains focused in creating a business environment that nurtures diversity. Born out of parent company Viacom in 2005, CBS Corporation’s operating divisions comprise CBS Television Network, CBS Interactive, The CW Network, Showtime, CBS College Sports Networks, Local Television and Radio Stations, CBS Outdoor and Simon & Schuster (publishing). […]

The Woodlands, Texas- based Anadarko Petroleum Corporation ( APC ), yesterday, announced that it struck oil at its appraisal well in the Campos Basin offshore Brazil. Located in block BM-C-32, offshore Brazil, the Itaipu-2 appraisal well discovered a gross petroleum column of nearly 58 net feet in a pre-salt carbonate reservoir. The well drilled to a total depth of 16,000 feet in 4,660 feet of water is an aggressive step-out from the first Itaipu discovery well, located 4 miles northwest. […]

Earlier this month, independent refiner Tesoro Corporation ( TSO ) announced its financial results for the third quarter 2011. Now that the analysts have had some time to ponder over the quarterly performance of Tesoro, they are weighing their estimate revisions. […]