Month: April 2012

Companhia de Bebidas Das Americas ( ABV ) akaAmBevis the leading brewer in Brazil, Canada, Argentina, Paraguay, Uruguay and Bolivia with a strong portfolio of globally recognized brands, such as Brahma, Skol, Antartica, Quilmes, Labatt, Pilsen and Paceña. This provides a competitive advantage to the company and reinforces its dominant position in the market. Moreover, over the years, the company has taken steps to sell higher margin premium products while improving productivity and efficiency of its facilities through initiatives, such as the adoption of a management control system based on zero-based budgeting that avoids unnecessary expenses […]

We reiterate our Neutral recommendation on Portfolio Recovery Associates Inc. ( PRAA ) as its operating efficiency, increased cash collections and benefits of diversification are offset by rising operating and interest expenses. […]

General Dynamics Electric Boat, a wholly owned subsidiary of General Dynamics Corporation ( GD ), has received a contract worth $78 million from the U.S. Navy for supplying long lead-time material for the Virginia-class submarine SSN-792. Long lead-time material includes Propulsion System, Ship Service Diesel Generators, Ship Service Transformers, Switchboards, Propeller Shaft and bearings, Navigation and Communication Electronic Systems, Trawl Winch System Propeller Shaft and bearings and many other such items […]

We maintained a Neutral recommendation on Lennar Corporation ( LEN ) following appraisal of first quarter 2012 results. Lennar Corporation reported adjusted earnings of 8 cents per share in the first quarter of fiscal 2012 compared with an adjusted loss of 5 cents per share in the year-ago quarter. The earnings growth was driven by improved revenues and operating margins. […]

We retain our long-term Neutral recommendation on Campbell Soup Company ( CPB ). We remain encouraged by the company’s efforts to boost its top line through its focus on brand expansion. […]

Under Armour, Inc . ( UA ), one of the leading developers, marketers and distributors of branded sports apparel, footwear and accessories, is slated to report its first-quarter 2012 financial results on April 20, 2012. The current Zacks Consensus Estimate for the quarter stands at 24 cents per share, indicating an estimated year-over-year increase of about 4.3%. […]

With April 20 around the corner, the day when Roche Holdings Ltd. 's ( RHHBY ) tender offer for acquiring all outstanding shares of Illumina Inc. […]