Month: November 2012

Momentum Stocks

Royal Caribbean Cruises Ltd. – Momentum (RCL)

November 5, 2012 0

Royal Caribbean Cruises Ltd. ( RCL ) delivered solid third quarter results last week and provided an upbeat guidance, sending earnings estimates sharply higher in the past 7 days. Shares of this Zacks #1 Rank (Strong Buy) cruise company also reached a 52-week high on the day of the announcement and have appreciated 41.3% in the past 3 months […]

Bears

Retirees Beware Of The Many Dangers of Holding Overvalued Stocks

November 3, 2012 0

We often write about valuation because we believe it is one of the most misunderstood aspects of investing in common stocks.  This causes many people to hold what we consider to be unjustified biases that are based primarily on price action. In this article we’ll cover some of these equities relative to the potential long-term growth the business is capable of achieving. […]

Max Keiser

Keiser Rerport: Wall St. Vomitorium (E362)

November 3, 2012 0

[youtube 3TVSAfVL1cI] In this episode, Max Keiser and Stacy Herbert discuss how Wall Street has won big time with zero interest rate policy and that the biggest winner, JP Morgan Chase, has seen its deposits increase by 46% from 2007 (pre ZIRP) to 2012 and yet its interest expenses declined by nearly 89%. They also discuss the Vomitorium in Florida where Obama’s ‘historic’ mortgage settlement may be used to plug government deficits or political pay rises instead of helping the 11% of mortgage holders in foreclosure. […]

Stock Analysts

Hess Reports Solid 3Q (HES) (RDS.A)

November 2, 2012 0

Integrated oil company Hess Corporation ( HES ) reported adjusted third quarter 2012 earnings of $1.46 per share, ahead of the Zacks Consensus Estimate of $1.19 and the adjusted year-earlier earnings of $1.11, mainly on account of higher oil production. Total revenue increased 10.2% year over year to $9,619 million in the quarter from $8,726 and also surpassed the Zacks Consensus Estimate of $9,422 million. […]

Stock Analysts

Alpha Natural Resources’ Mixed 3Q (ACI) (ANR)

November 2, 2012 0

Coal producer Alpha Natural Resources ( ANR ) reported a loss of 16 cents per share for the third quarter of 2012, much narrower than the Zacks Consensus Estimate of a loss of 44 cents. The results of the company were however markedly lower than the year-ago earnings of 34 cents. GAAP loss during the quarter was 21 cents per share versus earnings of 28 cents per share reported in the year-ago quarter. […]

Stock Analysts

Autoliv Misses, Profits Fall (ALV) (DDAIF) (GM)

November 2, 2012 0

Autoliv Inc. ( ALV ) recorded a 16.9% decline in earnings per share to $1.23 in the third quarter of the year from $1.48 in the third quarter of 2011 while net income dipped 15.1% to $117.5 million from $138.4 million a year ago. With this, the company also missed the Zacks Consensus Estimate by 19 cents per share […]

Stock Analysts

Alliant 2Q Beats, Ups Guidance (ATK) (GD)

November 2, 2012 0

Alliant Techsystems Inc. ( ATK ) posted operating earnings of $1.86 per share for its second quarter of fiscal 2013 ended September 30, 2012, beating the Zacks Consensus Estimate of $1.48 per share but falling short of the year-ago earnings of $1.92 per share. The company’s bottom-line beat came on the back of major defense and aeronautical contract wins and strong order bookings […]