Month: November 2012

Upgrades

FRANKLIN ST PPT (FSP) Upgraded by Zacks to OUTPERFORM

November 2, 2012 0

Zacks Investment Research upgraded shares of FRANKLIN ST PPT (FSP) from NEUTRAL to OUTPERFORM on November 02, 2012, with a target price of $12.50. Franklin Street Properties Corp operates in two business segments: real estate operations and investment banking/investment services. They own a portfolio of real estate, including office buildings, apartment complexes and industrial use properties. […]

Mergers & Acquisitions

Cooper Shareholders Approve Proposals Relating to Eaton’s Acquisition of Cooper

November 2, 2012 0

Cooper Shareholders Approve Proposals Relating to Eaton’s Acquisition of Cooper THIS ANNOUNCEMENT IS BEING MADE SOLELY TO COMPLY WITH THE REQUIREMENTS OF THE IRISH TAKEOVER RULES. THE INFORMATION SET OUT HEREIN CONCERNING THE RESULTS OF THE COMPANY’S SHAREHOLDER MEETINGS ON OCTOBER 26, 2012 IS IDENTICAL TO THAT SET OUT IN THE FORM 8?K FILED ON OCTOBER 26, 2012. PR Newswire DUBLIN, Nov […]

Stock Analysts

Exxon Beats but Volume Plunges (DNR) (XOM)

November 2, 2012 0

U.S. energy behemoth ExxonMobil Corporation ’s ( XOM ) third quarter 2012 earnings of $2.09 per share (excluding special items) beat the Zacks Consensus Estimate of $1.96 on stronger refining margins and lower costs (down by approximately 7.7% year over year). […]

Stock Analysts

Ultra Petroleum Tops EPS, Lags Revs (COG) (UPL)

November 2, 2012 0

Natural gas producer Ultra Petroleum Corporation ( UPL ) reported mixed third-quarter 2012 results, reflecting better margin and a drop in production taxes and gathering fees, partially offset by less liquids volume. Earnings per share, excluding special items, came in at 64 cents, moving ahead of the Zacks Consensus Estimate of 51 cents. However, compared with the year-earlier period, Ultra Petroleum’s adjusted earnings per share declined 11.1% from 72 cents, impacted by a weak natural gas price scenario. […]

Stock Analysts

Earnings Preview: Dish Network (DISH) (DTV)

November 2, 2012 0

Dish Network Corp. ( DISH ) is slated to release its third-quarter 2012 earnings results on Tuesday, November 6, before the opening bell. The Zacks Consensus Estimate for the reported quarter is pegged at $0.55, representing a decline of 22.13% from the year-ago quarter […]

Fast Money Episodes

Will New Storm Strike East Coast?

November 2, 2012 0

[cnbc 3000126722] Atlantic City casinos have been closed since Sunday, before Sandy hit, with the FMHR traders; and Tom Niziol, Weather Channel Winter Weather Expert, reports a new storm system may hamper the recovery effort from Sandy. […]

Fast Money Episodes

Euro Under Pressure Ahead: Pro

November 2, 2012 0

[cnbc 3000126723] The FMHR crew offer their favorite trades; and Paul Richards, UBS Global Head of FX, says there will be a lot of negative headlines out of Greece and Spain, and discusses one strategy for selling the euro now. […]

Stock Analysts

Earnings Beat for Teva (PG) (SNY) (TEVA)

November 2, 2012 0

Teva Pharmaceutical Industries ’ ( TEVA ) third quarter earnings of $1.28 per American Depositary Share (ADS) were 3 cents above the Zacks Consensus Estimate and 2% above the year-ago earnings. Third quarter revenues increased 14% to $5.00 billion, shy of the Zacks Consensus Estimate of $5.06 billion. The Quarter in Detail Teva reported sales growth in the US (33%) and Europe (1%) […]

Stock Analysts

Thoratec Beats with Ease; Ups View (HTWR) (THOR)

November 2, 2012 0

Thoratec Corp ’s ( THOR ) reported third quarter 2012 adjusted (excluding one-time items other than stock-based compensation expenses) earnings per share of 44 cents. It easily surpassed the Zacks Consensus Estimate of 33 cents as well as the year ago earnings of 34 cents per share. Net income from continuing operations soared 27.7% year over year to $24.3 million (or 41 cents per share) while net income climbed 35.1% year over year to $24.3 million (or 41 cents per share) in the quarter […]

Stock Analysts

Vornado Exceeds Estimates (HST) (VNO)

November 2, 2012 0

Vornado Realty Trust ( VNO ), a leading real estate investment trust (REIT), reported third quarter 2012 FFO (funds from operations) of $251.0 million or $1.34 per share, versus $195.1 million or $1.05 in the year-earlier quarter. The year-over-year increase in FFO was primarily due to incremental income from interest and other investments and a dip in debt expenses. The reported FFO per share during third quarter 2012 well exceeded the Zacks Consensus Estimate of $1.17 […]