Month: November 2011

Economic Data

Ahead of Wall Street – November 15, 2011 – Ahead of Wall Street

November 15, 2011 0

Tuesday, November 15, 2011 With yields on Italian government bonds moving back up towards the scary 7% level following Mario Monti's troubles in gaining parliamentary traction with technocratic government, there will be escaping all too familiar European headlines. Italy fears aside, we also disconcerting economic growth news out of Europe this morning. But unlike the constant barrage of negative news out of Europe, the U.S. […]

Economic Data

Nov 15: Positive Economic Results – Economic Highlights

November 15, 2011 0

With yields on Italian government bonds moving back up towards the scary 7% level following Mario Monti's troubles in gaining parliamentary traction with technocratic government, there will be escaping all too familiar European headlines. Italy fears aside, we also disconcerting economic growth news out of Europe this morning. But unlike the constant barrage of negative news out of Europe, the U.S. […]

Stock Analysts

Coca-Cola Flows $2B in India (CCE) (KO) (PEP)

November 15, 2011 0

The Coca-Cola Company ( KO ) is all set to explore and expand in India, with a massive investment of $2 billion over the next five years, starting in 2012, as reported by Reuters. Coca-Cola is eyeing on the growing markets of India as the demand for its products have softened in the U.S. Coca-Cola, along with its bottling partners, will make investment in consumer marketing, infrastructure and brand-building, and will expand its distribution facilities and develop its manufacturing capabilities […]

Stock Analysts

Goodyear Tire Upped to Outperform (GT)

November 15, 2011 0

We upgrade our recommendation on Goodyear Tire & Rubber Co. ( GT ) to Outperform from Neutral. Goodyear is one of the largest tire manufacturing companies worldwide, selling its products under the Goodyear, Kelly, Dunlop, Fulda, Debica, Sava and various other “house” brands (such as Lee, Kingstone, Douglas, Mohave and Republic) as well as private-label brands (such as Roadhandler, Star, and Monarch) […]

Stock Analysts

CIG Revs Up on Tariff Hike (CIG) (ELP)

November 15, 2011 0

On November 14, CEMIG ( CIG ) reported third-quarter 2011 results with the company’s net income marginally down by 0.37% year over year to R$657 million (US$403.1 million). The decrease was primarily driven by the tendency of reduction in economic growth in Brazil, the effect of which was however balanced by the operational success of the company’s Long-term Strategic Plans. Revenue Net revenue of the company escalated 11% year over year to R$4,047 million (US$2,482.8 million), registering a 5.9% sequential increase, primarily driven by rising prices of electricity sold and as well as increase in tariff. […]

Technicals

Zacks #1 Rank Additions for Tuesday – Tale of the Tape (ARQL) (BAM) (CACC) (DSCO) (FCCY)

November 15, 2011 0

Here are 5 stocks added to the Zacks #1 Rank ("strong buy") List today: 1st Constitution Bancorp ( FCCY ) ArQule Inc ( ARQL ) Credit Acceptance ( CACC ) Brookfield Asset Mgmt ( BAM ) Discovery Lab ( DSCO ) View the entire Zacks #1 Rank List . ARQULE INC (ARQL): Free Stock Analysis Report BROOKFIELD ASST (BAM): Free Stock Analysis Report CREDIT ACCEPT (CACC): Free Stock Analysis Report DISCOVERY LABS (DSCO): Free Stock Analysis Report 1ST CONSTIT BCP (FCCY): Free Stock Analysis Report Get all Zacks Research Reports and be alerted to fast-breaking buy and sell opportunities every trading day. […]

Stock Analysts

JEC Barely Beats, Guides High

November 15, 2011 0

On November 14, 2011, Jacobs Engineering Group ( JEC ) reported its financial results for the fourth quarter and financial 2011 with earnings per diluted share of 74 cents in the quarter, up from 61 cents reported in the year-ago quarter, based on economic conditions and sales success. Results were marginally above the Zacks Consensus Estimate of 73 cents. […]