Technicals

Bearish MACD for SMG – Tale of the Tape (SMG)

The Scotts Miracle-Gro Company ’s ( SMG ) MACD indicator has moved into bearish territory with a reading of -0.2981. The Zacks #4 Rank (“Sell”) stock decreased more than 2% to $42.50 in morning trade. The Zacks Consensus Estimate on the company’s earnings for the year ended September 2011 has decreased by 14 cents over the past month to $3.21 per share. […]

Technicals

Bearish MACD for Federal-Mogul – Tale of the Tape (FDML)

Federal-Mogul Corporation ’s ( FDML ) MACD indicator has entered into bearish territory with a reading of -0.1568. The Zacks #4 Rank (“Sell”) stock decreased more than 3% to $15.88 in morning trade. The Zacks Consensus Estimate for the year ending December 2011 has decreased by 16 cents over the past month to $1.93 per share […]

Mergers & Acquisitions

Genstar Capital Announces Agreement to Acquire the LexisNexis Insurance Software Solutions Business

Genstar Capital Announces Agreement to Acquire the LexisNexis Insurance Software Solutions Business Insurity To Be Led By Founder To Further Build Leading Provider Of Property and Casualty Insurance Software Solutions PR Newswire SAN FRANCISCO, Nov. 9, 2011 SAN FRANCISCO , Nov. 9, 2011 /PRNewswire/ — Genstar Capital, LLC, a middle market private equity firm that focuses on investments in selected segments of the insurance and financial services, software, life sciences, healthcare, and industrial technology industries, today announced the signing of a definitive agreement to acquire the LexisNexis Insurance Software Solutions business, a leading provider of software and services to the Property and Casualty insurance industry. […]

Mergers & Acquisitions

The Karcher Group Acquires Cleveland-based SitesNow

The Karcher Group Acquires Cleveland-based SitesNow Acquisition expands the company’s geographic reach and extends depth of services PR Newswire NORTH CANTON, Ohio, Nov. 9, 2011 NORTH CANTON, Ohio , Nov. 9, 2011 /PRNewswire/ — The Karcher Group (TKG), a full service Web agency based in North Canton, Ohio , has announced the acquisition of SitesNow, a Web Design, Development and Data Services company located just outside Cleveland . […]

Stock Analysts

Red Robin Reports Strong (DPZ) (RRGB)

Casual dining restaurant operator Red Robin Gourmet Burgers Inc. ( RRGB ) reported adjusted earnings of 24 cents per share in the third quarter of 2011, surpassing the Zacks Consensus Estimate of 22 cents and the year-ago quarter' earnings of 8 cents. However, including asset impairment and executive transition costs, GAAP net income in the reported quarter came in at $2.1 million or 14 cents per share. […]

Technicals

Bearish MACD for KAR – Tale of the Tape (KAR)

KAR Auction Services Inc ’s ( KAR ) MACD indicator has entered into bearish territory with a reading of -0.0142. The Zacks #4 Rank (“Sell”) stock decreased more than 3% to $12.79 in morning trade. The Zacks Consensus Estimate for the year ending December 2011 has decreased by a cent over the past week to $1.03 per share […]

Technicals

Bearish MACD for Haemonetics – Tale of the Tape (HAE)

Haemonetics Corporation ’s ( HAE ) MACD indicator has entered into bearish territory with a reading of -0.1380. The Zacks #4 Rank (“Sell”) stock decreased more than 2% to $58.44 in morning trade. The Zacks Consensus Estimate for the year ending March 2012 has decreased by 29 cents over the past month to $3.09 per share […]

Stock Analysts

Activision Beats, Guides Higher (ATVI) (ERTS) (TTWO)

Activision Blizzard Inc. ’s ( ATVI ) fiscal third quarter 2011 results surpassed the Zacks Consensus Estimate on both top and bottom lines. Activision’s earnings per share (EPS) came in at 6 cents (including stock based compensation but excluding one time items), well ahead of the Zacks Consensus Estimate and management’s guidance, both of which were pegged at 1 cent. […]

Stock Analysts

Mama Mia! Italian Debt Crisis Continues

The market’s lack of confidence in the Italian government is pushing the country to the edge. Rising funding costs threaten to shutdown the country’s access to the bond market, a scenario for which neither Italy nor the Euro-zone is ready. […]

Stock Analysts

BRE Properties Reports In Line (BRE) (EQR)

BRE Properties Inc ( BRE ) reported third quarter 2011 funds from operations (FFO) of $41.5 million or 55 cents per share versus $30.6 million or 47 cents per share in the year-earlier quarter. Funds from operations, a widely used metric to gauge the performance of REITs, is obtained after adding depreciation and amortization and other non-cash expenses to net income. FFO per share in the quarter was in line with the Zacks Consensus Estimate. […]

Stock Analysts

UDR in Sync with Estimates (EQR) (UDR)

UDR, Inc. ( UDR ), a leading multi-family real estate investment trust (REIT), reported third quarter 2011 FFO (funds from operations) of $73.0 million or 32 cents per share compared with $46.9 million or 27 cents in the year-earlier quarter. […]