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From Stock Market Beat - view blog entries - visit this blogMay 12, 2008 at 7:51 am ET
The latest Fortune Magazine has an article titled: Can this man save the grid?
According to the Edison Electric Institute, utilities over the next 20 years will spend hundreds of billions of dollars on infrastructure ... ( more)
From Stock Market Beat - view blog entries - visit this blogMay 9, 2008 at 4:38 pm ET
My latest column is up at RealMoney.
I examine the electronics manufacturing industry, and say that if I had to choose I would buy Celestica (CLS) and avoid or short Jabil (JBL).
Cisco (CSCO) is the largest ... ( more)
From Stock Market Beat - view blog entries - visit this blogMay 8, 2008 at 11:17 am ET
My latest column is up at RealMoney as part of my series on wallflowers - stocks that have little or no analyst coverage.
In this column I look at Innospec (IOSP), which makes fuel additives and ... ( more)
From Stock Market Beat - view blog entries - visit this blogMay 8, 2008 at 7:26 am ET
Hansen Natural (HANS), which makes Monster energy drink, reported lower-than-expected quarterly results as cost increases drove down profitability, sending its shares down 13 percent after hours.
The company posted a first-quarter net income of $28.8 million, ... ( more)
From Stock Market Beat - view blog entries - visit this blogMay 7, 2008 at 2:46 pm ET
My latest post is up at RealMoney.
I think there is still quite a bit of run left in the energy bull market. That belief has led me to some good picks, such as Patterson Uti ... ( more)
From Stock Market Beat - view blog entries - visit this blogMay 7, 2008 at 10:36 am ET
I began expressing concerns about Cognizant Technology Solutions (CTSH) a year ago. Even when earnings were stronger than expected in February, I stuck to my guns, saying “Cognizant executed so well on so many different ... ( more)
From Stock Market Beat - view blog entries - visit this blogMay 6, 2008 at 11:05 am ET
It was all fun and games when WallStrip and AlphaTrends jumped on the Landstar bandwagon. Now that the company is profiled in BusinessWeek I’m getting a little worried.
Landstar: Trucking Ahead
We think Landstar System (LSTR; ... ( more)
From Stock Market Beat - view blog entries - visit this blogMay 6, 2008 at 10:39 am ET
I have not written in some time about a theme that I think is an important one. Skeptics could probably argue that the reason I haven’t written about it was that the recent facts have ... ( more)
From Stock Market Beat - view blog entries - visit this blogMay 5, 2008 at 11:46 am ET
A while back I complained that several stocks I had been bearish about had gotten boosts from takeout offers. Namely, Diebold (DBD), Delta Airlines (DAL) and Yahoo! (YHOO).
Delta stock finally broke down, and then agreed ... ( more)
From Stock Market Beat - view blog entries - visit this blogMay 5, 2008 at 11:38 am ET
I have begun a new series of posts at RealMoney focusing on Wallflowers - stocks that have limited analyst coverage. By identifying stocks that fall below Wall Street’s radar screen the hope is to find ... ( more)
From Stock Market Beat - view blog entries - visit this blogMay 2, 2008 at 2:32 pm ET
Originally published May 1, rebuilt here due to site issues.
Engineering simulation software provider Ansys (ANSS) reported revenue of $109.5 million in the first quarter of 2008 and non-GAAP earnings per share of $0.40. This compared ... ( more)
From Stock Market Beat - view blog entries - visit this blogMay 2, 2008 at 2:30 pm ET
I originally posted this on April 30, but had to rebuild the site after encountering some problems. Reprinted here.
Readers who have been trying to access the site over the last couple of days, I apologize. ... ( more)
From Stock Market Beat - view blog entries - visit this blogMay 2, 2008 at 11:58 am ET
Business software maker MicroStrategy Inc. (MSTR) said Thursday its first-quarter profit declined, as increasing operating expenses overshadowed growth in product license revenue and support. Investors appeared to be surprised by the news, taking the shares ... ( more)
From Stock Market Beat - view blog entries - visit this blogMay 2, 2008 at 10:07 am ET
Landstar (LSTR - Annual Report) has long been one of my favorite stocks. I have said before that I would be willing to own Landstar up to a parity yield with Treasuries, because I think ... ( more)
From Stock Market Beat - view blog entries - visit this blogMay 1, 2008 at 11:59 am ET
Allied Waste Industries, Inc. (AW), the nation’s second largest waste services company, today reported financial results for its first quarter ended March 31, 2008. For the quarter, income from continuing operations was $72.6 million, or ... ( more)
From Stock Market Beat - view blog entries - visit this blogMay 1, 2008 at 11:41 am ET
My latest column is up at RealMoney. Here’s a quick preview:
At a presentation Tuesday, Saks (SKS) CEO Steve Sadove outlined the plans for long-term operating improvement, which includes growing operating margins to 8%. The plan ... ( more)
From Stock Market Beat - view blog entries - visit this blogMay 1, 2008 at 11:28 am ET
Engineering simulation software provider Ansys (ANSS) reported revenue of $109.5 million in the first quarter of 2008 and non-GAAP earnings per share of $0.40. This compared with a consensus estimate of $105 million and $0.33.
Ansys ... ( more)
From Stock Market Beat - view blog entries - visit this blogApril 30, 2008 at 5:50 pm ET
Readers who have been trying to access the site over the last couple of days, I apologize. There’s no telling what you might have been able to access, if you were able to access anything ... ( more)
From Stock Market Beat - view blog entries - visit this blogApril 29, 2008 at 7:59 am ET
My latest column is up at RealMoney.
An article in Sunday’s New York Times (NYT) said consumers are tightening their belts — perhaps literally as well as figuratively — when it comes to food buying. ... ( more)
From Stock Market Beat - view blog entries - visit this blogApril 28, 2008 at 12:33 pm ET
RadioShack’s (RSH) first-quarter net income fell 8.7%, hurt by increased promotions and lower sales of Sprint Nextel (S - Annual Report) wireless services. Shares are down more than 13% today on the news, wiping out ... ( more)
From Stock Market Beat - view blog entries - visit this blogApril 25, 2008 at 7:43 pm ET
Somehow I missed this early in the week. Hat tip to Todd Sullivan’s - ValuePlays:
Apparently on Monday there was heavy call buying in RadioShack (RSH) - ironically a day I was writing puts on the ... ( more)
From Stock Market Beat - view blog entries - visit this blogApril 25, 2008 at 8:54 am ET
MEMC (WFR) reported first quarter net sales of $501.4 million versus fourth quarter 2007 net sales of $535.9 million and first quarter 2007 net sales of $440.4 million. Non-GAAP diluted EPS, excluding warrants, was $0.84 ... ( more)
From Stock Market Beat - view blog entries - visit this blogApril 23, 2008 at 4:23 pm ET
My latest column is up at RealMoney. It is a bullish piece about Reliance Steel (RS - Annual Report).
Prices for sheet metal work have been rising, and the durable goods orders show a rising trend.
Over ... ( more)
From Stock Market Beat - view blog entries - visit this blogApril 23, 2008 at 10:27 am ET
The spread between the return on 10-year Treasuries and Baa-rated corporate bonds was 336 basis points last week. In historical terms, that is very high. In fact, the only times in the last 50 years ... ( more)
From Stock Market Beat - view blog entries - visit this blogApril 22, 2008 at 11:03 am ET
A couple of weeks ago, I wrote on Celanese (CE) for RealMoney, saying it could rise 40% simply by earning the average P/E in its industry.
Today Celanese increased its full year outlook for adjusted earnings ... ( more)
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