Month: December 2012

Calgon Carbon Corporation ( CCC ) announced that it has won a contract worth $12.4 million from the Los Angeles Department of Water and Power (LADWP), the second largest water provider in the U.S. Per the contract, the company will supply Sentinel ultraviolet disinfection systems (UV) systems for the Los Angeles Aqueduct Filtration Plant (LAAFP) and the Los Angeles Reservoir (LAR). According to the contract, 14 Sentinel Chevron ultraviolet reactors and other equipment is set to be deployed at the Los Angeles Aqueduct Filtration Plant and 15 Sentinel UV Systems at the Los Angeles Reservoir. […]

The Cooper Companies ’ ( COO ) fourth-quarter fiscal 2012 (ended October 31) adjusted earnings per share improved 0.7% year over year to a record high of $1.47. However, it missed the Zacks Consensus Estimate of $1.53. Profit soared almost 27% on a year-over-year basis to $71.9 million ($1.46 per share) in the fourth quarter […]

This morning’s November jobs report likely wouldn’t carry as much punch as this key measure of the labor market usually does. And the reason for that is quite simple – the government agency says that Sandy didn’t have a material impact on the jobs numbers in November. Given what we have seen in the weekly Jobless Claims data and the jobs numbers from ADP earlier in the month, this claim doesn’t make much sense. […]

NCR Corp. ( NCR ) will provide its latest SelfServ Automated Teller Machines (ATM) to a Kansas-based financial institution Capitol Federal Savings Bank. Financial details of the deal were not divulged […]

Video game retail sales declined for the twelfth consecutive month in November 2012. According to market research firm NPD, U.S video game store sales slumped 11.0% year over year to $2.25 billion in the month of November. The decline was the smallest we have seen this year in both dollar and percentage terms. […]

Mining giant Freeport-McMoRan Copper & Gold Inc. ( FCX ) has made a major stride to venture into the U.S. […]

Smithfield Foods Inc. ( SFD ) posted better-than-expected adjusted earnings (excluding early debt extinguishment charges) of 61 cents per share in the second quarter of fiscal 2013, much ahead of the Zacks Consensus Estimate of 44 cents. However, the results lagged the prior-year earnings of 76 cents per share by 19.7% due to sluggish sales and weak margins in hog production business. […]

Darden Restaurants Inc. ( DRI ) recently cut its revenue and earnings per share growth outlook for 2013 citing underperformance at the same-store sales of three of its brands –Olive Garden, Red Lobster and LongHorn Steakhouse in the second quarter. […]

Leading cleaning and sanitation products maker Ecolab Inc. ( ECL ) has increased its quarterly cash dividend to 23 cents from 20 cents, representing a 15% growth. This increases the annual dividend to 92 cents per share from the current payout of 80 cents, which equates to a dividend yield of roughly 1.3%. […]

Lululemon Athletica Inc. ( LULU ), a leading yoga-inspired athletic apparel and accessories retailer, posted better-than-expected third-quarter 2012 results with earnings per share of 39 cents, ahead of the Zacks Consensus Estimate of 37 cents. Quarterly earnings also increased 44.4% from 27 cents earned in the year-ago quarter. […]

Hurricane Sandy that hit the U.S. east coast on October 28 made its effect felt on Rite Aid Corporation’s ( RAD ) same-store sales (comps) result for the five weeks ended December 1, 2012. While front-end comps of this drugstore chain retailer were affected by 0.4%, the hurricane is estimated to have dented November’s prescription count at comparable stores by 1.5%. […]

New York-based G-III Apparel Group, Ltd. ( GIII ) reported adjusted earnings of $2.43 per share in the third quarter of fiscal 2013, surpassing the Zacks Consensus Estimate of $2.31. Reported results were also above the company’s guided range of $2.25 to $2.35. […]