Briefing.com: Hourly In Play (R) – 18:00 ET
Jul 28, 2010 (Briefing.com via COMTEX) -- Hourly In Play (R)
Updated: 28-Jul-10 18:00 ET
17:59
ARII American Railcar Industries misses by $0.01, beats on revs (14.13 -0.72)
Reports Q2 (Jun) loss of $0.28 per share, $0.01 worse than the Thomson Reuters consensus of ($0.27); revenues fell 44.3% year/year to $61.2 mln vs the $56.1 mln consensus.
17:58
AEA Advance America Cash misses by $0.01, reports revs in-line (3.71 -0.13)
Reports Q2 (Jun) earnings of $0.08 per share, including $2.4 million for legal settlements, $0.01 worse than the Thomson Reuters consensus of $0.09; revenues fell 5.8% year/year to $141.4 mln vs the $142.3 mln consensus.
17:55
TSO Tesoro beats by $0.10, beats on revs (12.60 -0.18)
Reports Q2 (Jun) earnings of $0.30 per share, excluding $0.17 in benefits, $0.10 better than the Thomson Reuters consensus of $0.20; revenues rose 23.0% year/year to $5.14 bln vs the $4.59 bln consensus.
17:45
GPRE Green Plains Renewable Energy misses by $0.09, beats on revs (10.00 -0.27)
Reports Q2 (Jun) earnings of $0.27 per share, $0.09 worse than the Thomson Reuters consensus of $0.36; revenues rose 59.3% year/year to $453.4 mln vs the $426.2 mln consensus.
17:40
HOMB Home Bancshares declares the maximum cash dividend allowed for the third quarter of 2010 (23.96 -0.13)
The third quarter of 2010 cash dividend declaration of $0.054 per common share (adjusted for the 10% stock dividend) is the maximum cash dividend allowed pursuant to its agreement with the United States Department of the Treasury.
17:37
RAME RAM Energy Resources revises annual capital expenditure guidance to $40-42 mln; (1.98 -0.07)
During Q2, the co drilled 20 gross (17.9 net) wells. Of the wells drilled, 10 gross (10 net) were completed successfully and 10 gross (7.9 net) were drilling, awaiting completion or a part of the company's Osage science project at the end of the quarter. No contribution from the Osage project has been factored into current company production guidance.
17:34
ISBC Investors Bancorp reports Q2 EPS of $0.14 vs $0.12 Thomson Reuters consensus (13.13 -0.11)
17:32
KND Kindred Healthcare opens replacement hospital in Sacramento market and announces expansion of homecare and hospice services (13.27 -0.28)
17:29
BDN Brandywine Realty beats by $0.01; raises FY10 FFO in-line (10.99 -0.13)
Reports Q2 (Jun) funds from operations of $0.34 per share, $0.01 better than the Thomson Reuters consensus of $0.33. Co issues in-line guidance for FY10, sees FFO of $1.30-1.34 vs. $1.32 Thomson Reuters consensus, versus the prior range of $1.27 to $1.34 and the original range of $1.23 to $1.34.
17:27
ICO International Coal Correction: International Coal beats by $0.01, beats on revs (4.49 -0.04)
Earlier, we incorrectly reported that ICO reported $0.02 per share. The comment should of read: Reports Q2 (Jun) earnings of $0.07 per share, $0.01 better than the Thomson Reuters consensus of $0.06; revenues rose 12.1% year/year to $311.4 mln vs the $292.7 mln consensus. For 2010, the co expects to sell between 16.6-16.8 mln tons of coal, including 2.7-2.8 mln tons of metallurgical coal. For 2011, the co expects to produce and sell between 16.5-17.5 mln tons of coal, including 3.1-3.2 mln tons of metallurgical coal. The average selling price is projected to be $72.00-77.00 per ton.
17:25
NEM Newmont Mining increases regular quarterly dividend to $0.15 per share from $0.10 per share of common stock (55.40 -0.38) -Update-
17:24
DTG Dollar Thrifty: Avis Budget (CAR) submits bid for DTG of $46.50 per share; $39.25 in cash and 0.6543 shares of common stock per one share of DTG (48.68 +0.84)
CAR sent a letter to the Board of Directors of DTG, saying their "offer is for $46.50 per share of Dollar Thrifty common stock consisting of $39.25 in cash (which would include the proceeds of a pre-closing special dividend to be paid by Dollar Thrifty consistent with the Hertz proposal) and 0.6543 shares of Avis Budget stock (currently valued at $7.25). The cash portion of our offer will be funded through a combination of available cash and fully committed financing... Our offer is not subject to any financing or due diligence contingencies and has the unanimous support of the Avis Budget Board of Directors." (Briefing.com note: Hertz (HTZ) offered $41 a share for DTG on April 25)
17:22
WSH Willis Group misses by $0.03, misses on revs (31.96 -0.09)
Reports Q2 (Jun) earnings of $0.54 per share, excluding non-recurring items, $0.03 worse than the Thomson Reuters consensus of $0.57; revenues rose 1.9% year/year to $799 mln vs the $810.5 mln consensus.
17:21
FLS Flowserve reports Q2 (Jun) results, misses on revs (95.74 -0.76)
Reports Q2 (Jun) earnings of $1.62 per share, may not be comparable to the Thomson Reuters consensus of $1.65; revenues fell 11.8% year/year to $961 mln vs the $1 bln consensus. Co issues guidance for FY10, sees EPS of $6.35-7.15, includes items, may not be comparable to $6.88 Thomson Reuters consensus.
17:16
SUSQ Susquehanna Bank: During market hours, SUSQ reported Q2 EPS of ($0.01) vs $0.01 Thomson Reuters consensus (16.74 -0.25)
17:11
CLF Cliffs Natural Resources misses by $0.14, misses on revs
Reports Q2 (Jun) earnings of $1.92 per share, $0.14 worse than the Thomson Reuters consensus of $2.06; revenues rose 202.3% year/year to $1.18 bln vs the $1.21 bln consensus. Cliffs said it is maintaining its 2010 North American Iron Ore sales volume expectations of approximately 27 million tons and revenue per ton of $107 - $112. The Company said it is maintaining its 2010 North American Coal sales and production volume expectations of approximately 3.4 million tons in 2010. Asia Pacific Iron Ore 2010 sales volume is expected to increase to 8.8 million tonnes, up from the prior outlook of 8.5 million tonnes.
17:08
OII Oceaneering Intl beats by $0.17, beats on revs; guides Q3 EPS above consensus; raises FY10 EPS above consensus (47.18 -1.37)
Reports Q2 (Jun) earnings of $0.98 per share, $0.17 better than the Thomson Reuters consensus of $0.81; revenues rose 3.0% year/year to $464.3 mln vs the $455.3 mln consensus. Co issues upside guidance for Q3, sees EPS of $0.90-1.00 vs. $0.72 Thomson Reuters consensus. Co raises EPS guidance for FY10, sees EPS of $3.20-3.40 vs. $2.98 Thomson Reuters consensus, up from $2.80-3.10.
17:05
GG Goldcorp misses by $0.01, misses on revs (38.91 +0.09)
Reports Q2 (Jun) earnings of $0.27 per share, excluding non-recurring items, $0.01 worse than the Thomson Reuters consensus of $0.28; revenues rose 34.3% year/year to $844.3 mln vs the $899.9 mln consensus. Gold sales in the second quarter were 598,000 ounces on production of 609,500 ounces. This compares to sales of 564,800 ounces on production of 582,400 ounces in the second quarter of 2009. Looking ahead to the second half of 2010, production is expected to increase in the third and fourth quarters in line with previously issued production and cost guidance.
17:05
HRC Hill-Rom beats by $0.14, reports revs in-line; updates FY10 guidance (28.67 -0.53)
Reports Q3 (Jun) earnings of $0.45 per share, $0.14 better than the Thomson Reuters consensus of $0.31; revenues rose 7.9% year/year to $361 mln vs the $358.9 mln consensus. Co updates FY10 guidance, now sees EPS of $1.61-$1.65 (vs. $1.39 Thomson Reuters consensus), up from the previous range of $1.33-$1.43; sees FY10 owconstant currency revenue growth of between 5%-6%, which calculates to roughly $1.46-$1.47 bln vs. $1.47 bln Thomson Reuters consensus.
17:04
LPHI Life Partners Holdings does not expect GAO report to have any immediate impact on existing law or our business model (17.00 -1.52) -Update-
Co will hold its annual shareholders' meeting on August 5. Co will discuss the impact of recent reports issued by the GAO and SEC concerning the life settlements industry. Board will meet to examine ways of "spinning out" over $100 million in net assets into a separate vehicle to be owned by its shareholders pro-rata to their share holdings in LPHI as of a given record date. Co contemplates that LPHI shareholders will collectively receive about $100 million pre-tax in life settlement related assets owned by the company net of purchase price and carrying costs, worth approximately $6.71 per outstanding share... "We do not expect either of these reports to have any immediate impact on existing law or our business model. The GAO report clearly recognizes that life settlements are a substantial value to insurance consumers and identifies the advantages of consistent consumer and investor protection and consistent financial oversight. Uniform stability in these two areas will provide an environment in which well established companies such as LPI will grow and flourish, but may make it more difficult for small or start-up companies due to the expense of compliance. To the extent that the laws may change in the future, we will be ready to adapt to those changes in order to continue providing our clients with access to non-correlated assets and offering financial options to insurance consumers."
17:02
DRC Dresser-Rand beats by $0.10, misses on revs (35.25 -0.11)
Reports Q2 (Jun) earnings of $0.43 per share, $0.10 better than the Thomson Reuters consensus of $0.33; revenues fell 28.9% year/year to $431.2 mln vs the $450.8 mln consensus. The Co continues to believe that its 2010 operating income will be in the range of $260 to $300 million. Its third quarter 2010 operating income is expected to be in the range of 20% to 22% of the total year.
17:02
ASIA AsiaInfo beats by $0.03, misses on revs (26.00 -0.47)
Reports Q2 (Jun) earnings of $0.35 per share, excluding non-recurring items, $0.03 better than the Thomson Reuters consensus of $0.32; revenues rose 14.2% year/year to $66.9 mln vs the $68 mln consensus. During the quarter, gross margin was 59.4%, compared to 49.1% in the year-ago period and 61.5% in the previous quarter. The slight sequential decrease in gross margin is in line with historical gross margin levels and the year-over-year increase was primarily due to a strong contribution from higher-margin software solutions and services projects during the second quarter.
17:01
STMP Stamps.com suspends net operating loss protective measures (10.52 -0.22)
Co announced that its Board of Directors approved a waiver from the co's net operating loss protective provisions contained in Article IX of the co's amended and restated certificate of incorporation applicable to all persons or entities, including companies and investment firms. As a result, the shareholders of the co are now allowed to become "5% shareholders" and existing "5% shareholders" are allowed to make additional purchases of the co's stock each without having to comply with the restrictions contained in the net operating loss protective measures.
17:01
HIW Highwoods Prop beats by $0.03; updates FY10 FFO guidance (30.48 -0.06)
Reports Q2 (Jun) funds from operations of $0.64 per share, $0.03 better than the Thomson Reuters consensus of $0.61. Co updates FY10 FFO guidance, now sees FFO of $2.40-$2.48 (vs. $2.39 Thomson Reuters consensus), up from the previous range of $2.31-$2.49
16:58
EP El Paso announces Northeast Supply Diversification Project (12.56 -0.10)
Co announced that its wholly owned subsidiary, Tennessee Gas Pipeline Company has executed binding, 15-year term agreements with Cabot Oil & Gas (COG) Anadarko Energy Services (APC) and Seneca Resources for up to 250,000 dekatherms per day of incremental firm transportation capacity from the Marcellus Shale region to existing markets in New England and Niagara via its Northeast Supply Diversification Project.
16:55
HTZ Hertz Global announces refinancing on $5.5 bln of debt (11.00 -0.06)
Co announced successful completion of its 2010 fleet debt refinancing for its largest rental markets. Hertz has refinanced $5.5 bln of fleet debt for its North American and European businesses. Approximately $400 mln of fleet debt in Australia and Brazil remains to be refinanced which co expects to be completed by Q4. With refinancing activities since August, 2009, Hertz has secured financing for its fleet and other, general purposes... DTG, CAR.
16:48
USMO USA Mobility reports Q1 revenue of $59.1 mln compared to $75.1 mln in prior year, single analyst estimate $60 mln; reports net income of $0.58 per share, single analyst estimate $0.49 (13.76 -0.14)
16:47
ICO International Coal misses by $0.04, beats on revs (4.49 -0.04)
Reports Q2 (Jun) earnings of $0.02 per share, $0.04 worse than the Thomson Reuters consensus of $0.06; revenues rose 12.1% year/year to $311.4 mln vs the $292.7 mln consensus. For 2010, the Company expects to sell between 16.6 million and 16.8 million tons of coal, including 2.7 million to 2.8 million tons of metallurgical coal. For 2011, the Company expects to produce and sell between 16.5 million and 17.5 million tons of coal, including 3.1 million to 3.2 million tons of metallurgical coal. The average selling price is projected to be $72.00 to $77.00 per ton.
16:45
TAL Tal International beats by $0.05, misses on revs (28.28 +0.22)
Reports Q2 (Jun) earnings of $0.47 per share, $0.05 better than the Thomson Reuters consensus of $0.42; revenues fell 3.1% year/year to $87.3 mln vs the $88.7 mln consensus. Co says "We generally expect the strong market environment to continue for the rest of the year, and expect to achieve further sequential top- and bottom-line growth in 2010. Growth in leasing revenue should accelerate in the third quarter as we benefit from a full quarter of revenue from the large amount of equipment placed on-hire in the second quarter, and as new containers continue to be delivered and placed on-hire. Fleet and revenue growth should continue to drive growth in TAL's Adjusted Pretax Income, though we expect the rate of our sequential profitability growth will moderate from the very high rate achieved over the last few quarters since our utilization has now fully recovered. Our disposal gains may also start to be constrained by decreasing sale volumes due to the exceptionally low level of container drop-offs we have been experiencing for the last several months. We currently expect our Adjusted Pretax Income to increase 5-15% from the second quarter to the third quarter of 2010."
16:44
EQR Equity Res beats by $0.03, beats on revs; guides Q3 FFO in-line; adjusts FY10 FFO guidance (46.60 +0.12)
Reports Q2 (Jun) funds from operations of $0.58 per share, $0.03 better than the Thomson Reuters consensus of $0.55; revenues rose 6.4% year/year to $510.9 mln vs the $490.8 mln consensus. Co issues in-line guidance for Q3, sees FFO of $0.51-$0.55 vs. $0.55 Thomson Reuters consensus. Co issues guidance for FY10, now sees FFO of $2.14-$2.20 (vs. $2.14 Thomson Reuters consensus), up from the previous range of $1.95-$2.15.
16:44
AMPL Ampal-American Israel Files Preliminary Prospectus with the Israel Securities Authority (2.03 +0.03)
Co announced that it has filed a preliminary prospectus with the Israel Securities Authority and the Tel Aviv Stock Exchange in connection with a possible public offering of Series C debentures in Israel. The debentures will be listed only on the Tel Aviv Stock Exchange. This offering will be made only to certain non-U.S. persons in accordance with Regulation S under the United States Securities Act of 1933, as amended.
16:41
MPWR Monolithic Power beats by $0.02, reports revs in-line; guides Q3 revs above consensus (19.17 -0.52)
Reports Q2 (Jun) earnings of $0.31 per share, $0.02 better than the Thomson Reuters consensus of $0.29; revenues rose 35.2% year/year to $55.7 mln vs the $55.6 mln consensus. Co issues upside guidance for Q3, sees Q3 revs of $66-70 mln vs. $59.65 mln Thomson Reuters consensus.
16:41
NEWP Newport beats by $0.08, beats on revs; guides FY10 EPS above consensus, revs above consensus (10.83 -0.08)
Reports Q2 (Jun) earnings of $0.22 per share, $0.08 better than the Thomson Reuters consensus of $0.14; revenues rose 31.0% year/year to $114.6 mln vs the $108.5 mln consensus. Co issues upside guidance for FY10, sees EPS of $0.80-0.90 vs. $0.64 Thomson Reuters consensus; sees FY10 revs of $460-470 mln vs. $441.44 mln Thomson Reuters consensus.
16:41
HMN Horace Mann beats by $0.14, beats on revs (16.10 -0.22)
Reports Q2 (Jun) earnings of $0.56 per share, $0.14 better than the Thomson Reuters consensus of $0.42; revenues fell 3.7% year/year to $254.8 mln vs the $237.5 mln consensus. P&C combined ratio 99.0%. In the second quarter of 2010, pretax net realized investment gains were $8.3 million. The company realized $14.1 million of gross gains on securities that were disposed of during the quarter, partially offset by a $0.7 million credit-related impairment write-down and $5.1 million of realized impairment losses on other security disposals.
16:40
PCCC PC Connection beats by $0.06, reports revs in-line (6.35 +0.11)
Reports Q2 (Jun) earnings of $0.18 per share, $0.06 better than the Thomson Reuters consensus of $0.12; revenues rose 18.6% year/year to $447.5 mln vs the $449.9 mln consensus.
16:39
CLRT Clarient beats by $0.01, beats on revs; guides FY10 revs in-line (3.27 -0.09)
Reports Q2 (Jun) earnings of $0.01 per share, $0.01 better than the Thomson Reuters consensus of ($0.00); revenues rose 21.1% year/year to $28.7 mln vs the $27.9 mln consensus. Co issues in-line guidance for FY10, sees FY10 revs of $108-115 mln vs. $112.66 mln Thomson Reuters consensus. The Company also expects to report net income for the 2010 fiscal year (Consensus is $0.03).
16:38
CCI Crown Castle misses by $0.37, beats on revs; guides Q3 EPS in-line, revs below consensus; guides FY10 EPS below consensus (38.99 +0.02)
Reports Q2 (Jun) loss of $0.36 per share, $0.37 worse than the Thomson Reuters consensus of $0.01; revenues rose 11.3% year/year to $456.1 mln vs the $446.5 mln consensus. Co issues mixed guidance for Q3, sees EPS of $0.00-0.09 vs. $0.05 Thomson Reuters consensus; sees Q3 revs of $419-424 mln vs. $458.65 mln Thomson Reuters consensus, sees site rental revs of $419-424 mln. Co issues downside guidance for FY10, sees EPS of ($0.80)-(0.53) vs. ($0.31) Thomson Reuters consensus, sees site rental revs of $1.67-1.68 bln.
16:38
TLEO Taleo beats by $0.02, beats on revs (36.44 -0.58)
Reports Q2 (Jun) earnings of $0.14 per share, excluding non-recurring items, $0.02 better than the Thomson Reuters consensus of $0.12; revenues rose 14.7% year/year to $56.3 mln vs the $55.7 mln consensus.
16:38
EXR Extra Space Storage beats by $0.02, beats on revs (15.43 0.00)
Reports Q2 (Jun) funds from operations of $0.23 per share, excluding non-recurring items, $0.02 better than the Thomson Reuters consensus of $0.21; revenues fell 0.4% year/year to $68.8 mln vs the $61.9 mln consensus.
16:38
SCI Service Corp beats by $0.02, reports revs in-line; reaffirms FY10 EPS guidance (7.77 -0.12)
Reports Q2 (Jun) earnings of $0.15 per share, $0.02 better than the Thomson Reuters consensus of $0.13; revenues rose 8.1% year/year to $555.3 mln vs the $550.8 mln consensus. Co reaffirms guidance for FY10, sees EPS of $0.48-$0.56 vs. $0.55 Thomson Reuters consensus.
16:37
CCK Crown Hldgs announces redemption of 7 5/8% senior notes due 2013 (27.37 -0.50)
The co expects to incur a charge in its third quarter 2010 financial results upon extinguishment of the Notes of approximately $9 mln ($6 mln after-tax or $0.04 per diluted share).
16:37
CDNS Cadence Design beats by $0.04, beats on revs; guides Q3 EPS below consensus, revs in-line; guides FY10 EPS in-line, revs above consensus (6.45 -0.17)
Reports Q2 (Jun) earnings of $0.07 per share, $0.04 better than the Thomson Reuters consensus of $0.03; revenues rose 8.1% year/year to $227 mln vs the $220.9 mln consensus. Co issues mixed guidance for Q3, sees EPS of $0.01-0.03 vs. $0.05 Thomson Reuters consensus; sees Q3 revs of $225-235 mln vs. $225.52 mln Thomson Reuters consensus. Co issues mixed guidance for FY10, sees EPS of $0.12-0.16 vs. $0.15 Thomson Reuters consensus; sees FY10 revs of $900-925 mln vs. $897.13 mln Thomson Reuters consensus.
16:37
EGN Energen misses by $0.03, misses on revs; reaffirms FY10 EPS guidance (46.56 -0.42)
Reports Q2 (Jun) earnings of $0.91 per share, excluding non-recurring items, $0.03 worse than the Thomson Reuters consensus of $0.94; revenues rose 9.0% year/year to $333.7 mln vs the $350.1 mln consensus. Co reaffirms guidance for FY10, sees EPS of $4.30-4.70 vs. $4.47 Thomson Reuters consensus.
16:36
SRCL Stericycle beats by $0.02, beats on revs (63.89 -0.62)
Reports Q2 (Jun) earnings of $0.62 per share, excluding non-recurring items, $0.02 better than the Thomson Reuters consensus of $0.60; revenues rose 20.2% year/year to $347.7 mln vs the $339.4 mln consensus.
16:36
NKTR Nektar Therapeutics beats by $0.07, beats on revs (13.35 -0.44)
Reports Q2 (Jun) loss of $0.01 per share, $0.07 better than the Thomson Reuters consensus of ($0.08); revenues rose 227.7% year/year to $42.6 mln vs the $37.6 mln consensus. Co says the increase in revenue year over year is largely the result of the amortization of the $125 mln milestone payment received from AstraZeneca in September 2009 under the new partnership agreement for NKTR-118.
16:36
MANT ManTech beats by $0.04, misses on revs; lowers upper end of FY10 EPS, rev guidance (38.84 -1.00)
Reports Q2 (Jun) earnings of $0.88 per share, $0.04 better than the Thomson Reuters consensus of $0.84; revenues rose 28.7% year/year to $661.6 mln vs the $674.6 mln consensus. Co lowers the upper end of guidance for FY10, sees EPS of $3.36-3.48 vs. $3.44 Thomson Reuters consensus, down from $3.36-3.61; sees FY10 revs of $2.63-2.75 bln vs. $2.7 bln Thomson Reuters consensus, down from $2.63-2.85 bln.
16:35
WLT Walter Energy beats by $0.23, reports revs in-line; lowers coking coal sales expectation for full year (69.63 -0.23)
Reports Q2 (Jun) earnings of $2.16 per share, $0.23 better than the Thomson Reuters consensus of $1.93; revenues rose 142.8% year/year to $410.6 mln vs the $409.1 mln consensus. For the full year, the company has modified its expectation for coking coal sales volumes from 8.0 million tons to a range of 7.7 to 7.9 million tons. This is primarily due to lower continuous miner production in the second quarter, which is also expected to cause an extended delay in moving the Mine No. 7 East longwall in the fourth quarter. Coking coal production is expected to total 1.9 million to 2.1 million tons in the third quarter, with production costs expected to average between $50 and $55 per ton.
16:35
DRE Duke Realty beats by $0.01, misses on revs; guides FY10 FFO in-line (11.99 unch)
Reports Q2 (Jun) funds from operations of $0.29 per share, $0.01 better than the Thomson Reuters consensus of $0.28; revenues fell 1.5% year/year to $215.5 mln vs the $218.9 mln consensus. Co issues in-line guidance for FY10, sees FFO of $0.95-1.15 vs. $1.09 Thomson Reuters consensus.
16:34
FMC FMC Corp beats by $0.06, beats on revs; guides Q3 EPS in-line; guides FY10 EPS in-line (61.94 +0.19)
Reports Q2 (Jun) earnings of $1.28 per share, $0.06 better than the Thomson Reuters consensus of $1.22; revenues rose 10.9% year/year to $776.8 mln vs the $739.9 mln consensus. Co issues in-line guidance for Q3, sees EPS of $1.00-1.15 vs. $1.10 Thomson Reuters consensus. Co issues in-line guidance for FY10, sees EPS of $4.55-4.80 vs. $4.70 Thomson Reuters consensus.
16:33
RA RailAmerica beats by $0.01, reports revs in-line (10.67 -0.46)
Reports Q2 (Jun) earnings of $0.07 per share, excluding non-recurring items, $0.01 better than the Thomson Reuters consensus of $0.06; revenues rose 17.7% year/year to $117.3 mln vs the $116.6 mln consensus.
16:33
CYH Community Health beats by $0.01, misses on revs; guides FY10 EPS in-line, revs in-line (30.80 -0.88)
Reports Q2 (Jun) earnings of $0.74 per share, $0.01 better than the Thomson Reuters consensus of $0.73; revenues rose 5.1% year/year to $3.17 bln vs the $3.22 bln consensus. Co issues in-line guidance for FY10, sees EPS of $2.90-3.00 vs. $2.98 Thomson Reuters consensus; sees FY10 revs of $12.9-13.2 bln vs. $12.96 bln Thomson Reuters consensus.
16:32
AEM Agnico-Eagle Mines reports Q2 (Jun) results, beats on revs (55.10 +0.35)
Reports Q2 (Jun) earnings of $0.64 per share, may not be comparable to the Thomson Reuters consensus of $0.39; revenues rose 155.5% year/year to $353.9 mln vs the $342 mln consensus.
16:32
CINF Cincinnati Fincl reports EPS in-line (27.71 -0.31)
Reports Q2 (Jun) earnings of $0.26 per share, in-line with the Thomson Reuters consensus of $0.26. "While we are never satisfied with a combined ratio over 100 percent, the second-quarter ratio improved 9 percentage points compared with the year-ago ratio... We believe this slightly better underlying profitability is an early indication of more precise pricing and risk selection we are just beginning to experience through our limited but steadily increasing use of predictive modeling tools in both commercial and personal lines.
16:32
DRYS DryShips beats by $0.08, beats on revs (4.50 -0.03)
Reports Q2 (Jun) earnings of $0.30 per share, excluding non-recurring items, $0.08 better than the Thomson Reuters consensus of $0.22; revenues rose 8.1% year/year to $224.2 mln vs the $216.2 mln consensus.
16:31
CHE Chemed misses by $0.08, beats on revs (54.27 -0.69)
Reports Q2 (Jun) earnings of $0.82 per share, $0.08 worse than the Thomson Reuters consensus of $0.90; revenues rose 6.7% year/year to $314.9 mln vs the $310.1 mln consensus. Co issues guidance for FY10, sees EPS from continuing ops of $4.05-4.20, may not be comparable to $3.68 Thomson Reuters consensus.
16:31
WCG WellCare Group it has been awarded a Full Health Plan Accreditation for its HealthEase of Florida and WellCare of Florida subsidiaries by URAC (24.54 -0.52)
16:30
GMR General Maritime misses by $0.10; cuts qtrly dividend to $0.08/share (5.89 -0.03)
Reports Q2 (Jun) loss of $0.25 per share, $0.10 worse than the Thomson Reuters consensus of ($0.15). The decrease in net income was primarily the result of an 18.1% decrease in TCE to $22,633 per day for the three months ended June 30, 2010 compared to $27,649 per day for the prior year period, as well as an $11.2 mln increase in net interest expense to $19.0 mln for the three months ended June 30, 2010 compared to $7.8 mln for the prior year period. The co also announced a qtrly dividend of $0.08/share, which is down from the previous qtr's dividend of $0.125/share.
16:30
FALC FalconStor Sftwr beats by $0.03, beats on revs (3.22 +0.04)
Reports Q2 (Jun) loss of $0.04 per share, $0.03 better than the Thomson Reuters consensus of ($0.07); revenues fell 17.1% year/year to $20.3 mln vs the $17.9 mln consensus.
16:30
PSSI PSS World Med misses by $0.02, misses on revs; guides FY11 EPS in-line (18.27 -0.63)
Reports Q1 (Jun) earnings of $0.24 per share, $0.02 worse than the Thomson Reuters consensus of $0.26; revenues fell 3.0% year/year to $478.9 mln vs the $499.6 mln consensus. Co issues in-line guidance for FY11, sees EPS of $1.27-1.31 vs. $1.29 Thomson Reuters consensus.
16:30
OMC Omnicom to pay $22.50 per $1,000 of zero coupon zero yield convertible notes due 2032 (37.38 -0.60)
16:30
OFIX Orthofix beats by $0.07, reports revs in-line; raises FY10 EPS above consensus (29.11 -0.53)
Reports Q2 (Jun) earnings of $0.54 per share, excluding $0.03 gain, $0.07 better than the Thomson Reuters consensus of $0.47; revenues rose 3.9% year/year to $142.8 mln vs the $142.8 mln consensus. Co rasies guidance for FY10, sees EPS of $2.48-2.52 vs. $2.43 Thomson Reuters consensus, up from $2.38-2.42.
16:29
FIRE Sourcefire beats by $0.02, beats on revs; guides Q3 EPS in-line, revs in-line (18.70 -0.99)
Reports Q2 (Jun) earnings of $0.11 per share, excluding non-recurring items, $0.02 better than the Thomson Reuters consensus of $0.09; revenues rose 37.8% year/year to $30.6 mln vs the $28.2 mln consensus. Co issues in-line guidance for Q3, sees EPS of $0.13-0.15, excluding non-recurring items, vs. $0.14 Thomson Reuters consensus; sees Q3 revs of $34.3-35.8 mln vs. $34.47 mln Thomson Reuters consensus.
16:29
MMSI Merit Medical beats by $0.02, beats on revs (16.74 -0.25)
Reports Q2 (Jun) earnings of $0.20 per share, $0.02 better than the Thomson Reuters consensus of $0.18; revenues rose 15.6% year/year to $74.9 mln vs the $72 mln consensus.
16:29
TQNT TriQuint Semi beats by $0.05, reports revs in-line; guides Q3 EPS above consensus, revs in-line (7.33 +0.02)
Reports Q2 (Jun) earnings of $0.20 per share, $0.05 better than the Thomson Reuters consensus of $0.15; revenues rose 14.8% year/year to $207.5 mln vs the $205.9 mln consensus. Co issues mixed guidance for Q3, sees EPS of $0.20 vs. $0.18 Thomson Reuters consensus; sees Q3 revs of $215-225 mln vs. $216.88 mln Thomson Reuters consensus. Co expects strong growth in their mobile devices market will lead to a non-GAAP gross margin between 40% and 41%.
16:28
AHS AMN Healthcare Services to acquire Medfinders for 6.3 mln shares of common stock, and 5.7 mln shares of Series A convertible preferred stock (6.74 -0.26)
16:27
GSIC GSI Commerce misses by $0.18, reports revs in-line; guides Q3 revs above consensus; reaffirms FY10 revs guidance (26.55 -0.87)
Reports Q2 (Jun) loss of $0.41 per share, excluding non-recurring items, $0.18 worse than the Thomson Reuters consensus of ($0.23); revenues rose 41.1% year/year to $264.2 mln vs the $264.8 mln consensus. Co issues upside guidance for Q3, sees Q3 revs of $280 mln vs. $272.65 mln Thomson Reuters consensus. Co reaffirms guidance for FY10, sees FY10 revs of $1.30 bln vs. $1.34 bln Thomson Reuters consensus.
16:27
RA RailAmerica (10.67 -0.46)
16:27
AMAG AMAG Pharma misses by $0.05, beats on revs (36.19 -1.83)
Reports Q2 (Jun) loss of $1.01 per share, $0.05 worse than the Thomson Reuters consensus of ($0.96); revenues fell 41.4% year/year to $18.8 mln vs the $17.9 mln consensus.
16:27
FVE Five Star Quality Care beats by $0.12, reports revs in-line (2.96 -0.11)
Reports Q2 (Jun) earnings of $0.21 per share, excluding non-recurring items, $0.12 better than the Thomson Reuters consensus of $0.09; revenues rose 5.7% year/year to $311.9 mln vs the $314.1 mln consensus.
16:27
ESIO Electro Scientific misses by $0.01, beats on revs; guides Q2 EPS in-line, revs in-line (12.80 -0.18)
Reports Q1 (Jun) earnings of $0.03 per share, $0.01 worse than the Thomson Reuters consensus of $0.04; revenues rose 158.8% year/year to $58.5 mln vs the $52.3 mln consensus. Co issues in-line guidance for Q2, sees EPS of $0.05-0.10 vs. $0.09 Thomson Reuters consensus; sees Q2 revs of $55-60 mln vs. $57.00 mln Thomson Reuters consensus.
16:25
RYL Ryland Group misses by $0.24, beats on revs (16.34 -0.91)
Reports Q2 (Jun) loss of $0.49 per share, $0.24 worse than the Thomson Reuters consensus of ($0.25); revenues rose 37.1% year/year to $373.3 mln vs the $302 mln consensus.
16:25
VRTX Vertex Pharm beats by $0.13, beats on revs; reiterates FY10 non-GAAP loss guidance (33.20 -0.69)
Reports Q2 (Jun) loss of $0.71 per share, excluding non-recurring items, $0.13 better than the Thomson Reuters consensus of ($0.84); revenues rose 65.4% year/year to $31.6 mln vs the $27.9 mln consensus. The company is today reiterating its guidance for 2010 non-GAAP loss of approximately $600 million, as provided on February 4, 2010. The company is revising its guidance for 2010 GAAP net loss from approximately $700 million to approximately $750 million to reflect the timing of certain non-cash expenses and revenues related to the company's 2009 financial transactions and the milestone payments the company is eligible to earn from Janssen.
16:24
ANPI Angiotech Pharm and partner Athersys announce positive results from phase I study of MultiStem in heart attack patients; demonstrate that MultiStem was well tolerated at all dose levels (0.65 +0.02)
Co announced positive results from its phase I clinical trial of MultiStem, its allogeneic cell therapy product, administered to individuals following acute myocardial infarction, more commonly referred to as a heart attack. The study results, which represent at least four months of post-treatment patient data, demonstrate that MultiStem was well tolerated at all dose levels and also suggest improvement in heart function in treated patients.
16:24
BEAT CardioNet reports Q2 results
Reports Q2 (Jun) GAAP loss of $0.09 and a pro forma loss of $0.02 per share, excluding non-recurring items vs the Thomson Reuters consensus of ($0.10); revenues fell 16.7% year/year to $31.9 mln vs the $33.5 mln consensus.
16:24
EFX Equifax beats by $0.01, misses on revs; guides Q3 EPS in-line (30.25 -0.55)
Reports Q2 (Jun) earnings of $0.58 per share, excluding non-recurring items, $0.01 better than the Thomson Reuters consensus of $0.57; revenues rose 7.4% year/year to $460.7 mln vs the $466.4 mln consensus. Co issues in-line guidance for Q3, sees EPS of $0.55-0.59 vs. $0.57 Thomson Reuters consensus; expects revenue growth in the 'mid to upper single digits'.
16:23
VAR Varian Medical beats by $0.09, beats on revs; guides Q4 EPS below consensus (54.63 -0.90)
Reports Q3 (Jun) earnings of $0.74 per share, $0.09 better than the Thomson Reuters consensus of $0.65; revenues rose 13.3% year/year to $578 mln vs the $570.1 mln consensus. Co issues downside guidance for Q4, sees EPS of $0.80-0.83 vs. $0.88 Thomson Reuters consensus; quarter-ending backlog was $2.1 billion, up 7 percent versus the year-ago quarter.
16:23
MERU Meru Networks misses by $0.04, beats on revs (13.33 -0.16)
Reports Q2 (Jun) loss of $0.04 per share, excluding $0.10 non-recurring items, $0.04 worse than the Thomson Reuters consensus of ($0.00); revenues rose 22.2% year/year to $20.9 mln vs the $20.1 mln consensus.
16:23
SPTN Spartan Stores reports EPS in-line, revs in-line (14.25 -0.41)
Reports Q1 (Jun) earnings of $0.27 per share, in-line with the Thomson Reuters consensus of $0.27; revenues fell 3.2% year/year to $577.2 mln vs the $575.3 mln consensus. "From an earnings perspective, excluding any incremental LIFO benefit related to the warehouse consolidation initiative, we anticipate that the second quarter net earnings will be slightly below last year's performance and gradually improve as the year progresses and that fiscal 2011's full-year performance will exceed fiscal 2010's."
16:23
NVDA NVIDIA guides well below consensus (10.13 -0.33) -Update-
Co now sees Q2 revs $800-820 mln vs $955.03 mln Thomson Reuters consensus; down from $950-970 mln prior guidance. The revenue shortfall occurred primarily in the consumer GPU business, resulting from increased memory costs and economic weakness in Europe and China. The increased solution cost of discrete GPUs led to a greater-than-expected shift to lower-priced GPUs and PCs with integrated graphics. No conference call will be held in conjunction with this business update.
16:23
IFSIA Interface reports EPS in-line, revs in-line (11.50 -0.53)
Reports Q2 (Jun) earnings of $0.12 per share, in-line with the Thomson Reuters consensus of $0.12; revenues rose 7.2% year/year to $226.6 mln vs the $224.9 mln consensus.
16:22
NUS Nu Skin beats by $0.04, beats on revs; guides Q3 EPS above consensus, revs in-line; guides FY10 EPS above consensus, revs in-line (28.82 -0.64)
Reports Q2 (Jun) earnings of $0.50 per share, excluding non-recurring items, $0.04 better than the Thomson Reuters consensus of $0.46; revenues rose 20.4% year/year to $388.4 mln vs the $369.7 mln consensus. Co issues mixed guidance for Q3, sees EPS of $0.45-0.48 vs. $0.45 Thomson Reuters consensus; sees Q3 revs of $352-360 mln vs. $357.43 mln Thomson Reuters consensus. Co issues mixed guidance for FY10, sees EPS of $1.90-1.96 vs. $1.89 Thomson Reuters consensus; sees FY10 revs of $1.47-1.49 bln vs. $1.47 bln Thomson Reuters consensus.
16:21
SGMO Sangamo BioSci misses by $0.01, misses on revs (4.29 -0.07)
Reports Q2 (Jun) loss of $0.09 per share, $0.01 worse than the Thomson Reuters consensus of ($0.08); revenues rose 38.3% year/year to $6.5 mln vs the $7.4 mln consensus.
16:21
SPN Sup Energy Svcs beats by $0.05, beats on revs; guides FY10 EPS in-line (23.85 -0.04)
Reports Q2 (Jun) earnings of $0.43 per share, $0.05 better than the Thomson Reuters consensus of $0.38; revenues rose 17.6% year/year to $424.9 mln vs the $397.4 mln consensus. Co issues in-line guidance for FY10, sees EPS of $1.35-$1.55 vs. $1.47 Thomson Reuters consensus.
16:19
TYL Tyler Tech beats by $0.01, reports revs in-line, reaffirms FY10 EPS guidance, lowers FY10 revs in-line (16.01 -0.29)
Reports Q2 (Jun) earnings of $0.17 per share, $0.01 better than the Thomson Reuters consensus of $0.16; revenues rose 0.6% year/year to $72.6 mln vs the $73.1 mln consensus. Co issues mixed guidance for FY10, reaffirms EPS of $0.72-0.77 vs. $0.72 Thomson Reuters consensus; and lowers FY10 revs of $298-302 mln from $300-307 mln previously vs. $299.92 mln Thomson Reuters consensus. THe co expects that free cash flow for the year 2010 will be between $37.0 mln and $42.5 mln.
16:19
SIGI Selective Insurance beats by $0.03, misses on revs (15.50 -0.31)
Reports Q2 (Jun) earnings of $0.41 per share, $0.03 better than the Thomson Reuters consensus of $0.38; revenues fell 3.2% year/year to $353.5 mln vs the $373.5 mln consensus. The 2010 guidance remains at a statutory combined ratio of 101.5%.
16:19
MYL Mylan Labs reports EPS in-line, beats on revs; narrows FY10 guidance ranges (17.91 -0.17)
Reports Q2 (Jun) earnings of $0.37 per share, in-line with the Thomson Reuters consensus of $0.37; revenues rose 8.0% year/year to $1.37 bln vs the $1.34 bln consensus. Co narrows its FY10 guidance ranges, now sees EPS of $1.55-$1.65 (vs. $1.62 Thomson Reuters consensus) narrowed from previous range of $1.50-$1.70; now sees FY10 revs of $5.4-$5.6 bln (vs. $5.5 bln Thomson Reuters consensus) narrowed from previous range of $5.45-$5.75 bln.
16:18
LOGM LogMeIn beats by $0.03, beats on revs; guides Q3 EPS above consensus, revs above consensus; guides FY10 EPS above consensus, revs above consensus (28.40 -0.98)
Reports Q2 (Jun) earnings of $0.20 per share, excluding non-recurring items, $0.03 better than the Thomson Reuters consensus of $0.17; revenues rose 30.6% year/year to $23.5 mln vs the $22.6 mln consensus. Co issues upside guidance for Q3, sees EPS of $0.18-0.19, excluding non-recurring items, vs. $0.17 Thomson Reuters consensus; sees Q3 revs of $24.1-24.4 mln vs. $23.59 mln Thomson Reuters consensus. Co issues upside guidance for FY10, sees EPS of $0.70-0.75, excluding non-recurring items, vs. $0.68 Thomson Reuters consensus; sees FY10 revs of $93.5-94.5 mln vs. $92.57 mln Thomson Reuters consensus.
16:18
CXS CreXus Investment reports Q2 core EPS of $0.13, $0.03 better than the $0.16 Thomson Reuters consensus (12.09 -0.30)
16:17
SYMC Symantec reports EPS in-line, misses on revs; guides Q2 EPS and revs below consensus (14.67 -0.32)
Reports Q1 (Jun) earnings of $0.35 per share, in-line with the Thomson Reuters consensus of $0.35; revenues rose 0.1% year/year to $1.43 bln vs the $1.47 bln consensus. Co issues downside guidance for Q2, sees EPS of $0.27-0.28 vs. $0.34 Thomson Reuters consensus; sees Q2 revs of $1.445-1.465 vs. $1.53 bln Thomson Reuters consensus. Co reports deferred rev of $2.998 bln vs the $3.06-3.09 bln guidance; Sees Q2 deferred rev of $2.83-2.86 bln vs the $3.096 bln consensus.
16:17
AGL AGL Resources and El Paso (EP) Corporation Announce LNG Distribution Joint Venture (39.58 -0.40)
Co's announced the signing of a joint-venture agreement to distribute liquefied natural gas across the southeastern United States to the heavy-duty transportation market, which includes heavy-duty trucks, buses, and waste haulers, and to peak-shaving facilities. The new 50/50 joint-venture, Southeast LNG Distribution, plans to own and operate a fleet of LNG-fueled tankers and distribution facilities to support the use of LNG as a fuel source for this emerging market segment.
16:17
ENTR Entropic Comms beats by $0.01, beats on revs (6.83 )
Reports Q2 (Jun) earnings of $0.08 per share, $0.01 better than the Thomson Reuters consensus of $0.07; revenues rose 55.3% year/year to $40.7 mln vs the $39.7 mln consensus.
16:16
ELY Callaway Golf reports EPS in-line, beats on revs (6.59 -0.23)
Reports Q2 (Jun) earnings of $0.14 per share, in-line with the Thomson Reuters consensus of $0.14; revenues rose 0.7% year/year to $304 mln vs the $300.8 mln consensus.
16:16
WGOV Woodward Governor authorizes $200 mln stock repurchase program (29.02 -0.75)
16:15
AKAM Akamai Tech reports EPS in-line, revs in-line (44.01 -0.32)
Reports Q2 (Jun) earnings of $0.34 per share, excluding non-recurring items, in-line with the Thomson Reuters consensus of $0.34; revenues rose 19.9% year/year to $245.3 mln vs the $243.3 mln consensus.
16:15
GB Wilson Greatbatch beats by $0.01, beats on revs (22.84 -0.66)
Reports Q2 (Jun) earnings of $0.40 per share, $0.01 better than the Thomson Reuters consensus of $0.39; revenues rose 4.5% year/year to $140.8 mln vs the $135.5 mln consensus.
16:13
BHB Bar Harbor Bankshares repurchases warrant from U.S. Treasury (26.55 -0.25)
Co announced that it has repurchased in its entirety the warrant previously issued to the U.S. Department of the Treasury on January 16, 2009, in connection with the Company's participation in the Capital Purchase Program. The Company repurchased the Warrant for $250,000.
16:13
LSI LSI Logic reports EPS in-line, misses on revs; guides Q3 EPS in-line, revs below consensus (4.74 -0.23)
Reports Q2 (Jun) earnings of $0.11 per share, excluding non-recurring items, in-line with the Thomson Reuters consensus of $0.11; revenues rose 0.3% year/year to $639.4 mln vs the $654.4 mln consensus. Co issues guidance for Q3, sees EPS of $0.08-0.14, excluding non-recurring items, vs. $0.13 Thomson Reuters consensus; sees Q3 revs of $625-655 mln vs. $694.97 mln Thomson Reuters consensus.
16:13
VPRT Vistaprint beats by $0.01, misses on revs; guides Q1 EPS below consensus, revs below consensus; guides FY11 EPS below consensus, revs below consensus (50.24 -0.35)
Reports Q4 (Jun) earnings of $0.38 per share, excluding non-recurring items, $0.01 better than the Thomson Reuters consensus of $0.37; revenues rose 21.5% year/year to $164.3 mln vs the $168.8 mln consensus. Co issues downside guidance for Q1, sees EPS of $0.27-0.32, excluding non-recurring items, vs. $0.46 Thomson Reuters consensus; sees Q1 revs of $159-164 mln vs. $173.01 mln Thomson Reuters consensus. Co issues downside guidance for FY11, sees EPS of $2.09-2.24, excluding non-recurring items, vs. $2.36 Thomson Reuters consensus; sees FY11 revs of $750-780 mln vs. $802.55 mln Thomson Reuters consensus.
16:13
SFN Spherion beats by $0.02, beats on revs (6.75 +0.04)
Reports Q2 (Jun) earnings of $0.06 per share, $0.02 better than the Thomson Reuters consensus of $0.04; revenues rose 25.7% year/year to $514 mln vs the $492.5 mln consensus. Revenues in the first three weeks of July were approximately $8.4 million per billable day. Based on these trends, the co expects third quarter year over year growth rates to be consistent with growth rates in the second quarter 2010.
16:12
ABT Abbott Labs SIMCOR receives FDA approval for new dosage strengths (49.22 -0.05)
16:12
LNC Lincoln National beats by $0.06, reports revs in-line (24.09 -0.47)
Reports Q2 (Jun) earnings of $0.86 per share, excluding non-recurring items, $0.06 better than the Thomson Reuters consensus of $0.80; revenues rose 38.4% year/year to $2.6 bln vs the $2.59 bln consensus. As of June 30, 2010, the book value per share of common stock, including accumulated other comprehensive income ("AOCI"), was $39.89 compared to $30.02 a year ago. Book value per share, excluding AOCI, was $36.93, compared to $35.67 a year ago.
16:12
SFLY Shutterfly beats by $0.08, beats on revs; guides Q3 EPS below consensus, revs in-line; guides FY10 EPS in-line, revs in-line (25.97 -0.23)
Reports Q2 (Jun) loss of $0.22 per share, $0.08 better than the Thomson Reuters consensus of ($0.30); revenues rose 20.3% year/year to $46.8 mln vs the $45.2 mln consensus. Co issues mixed guidance for Q3, sees EPS of ($0.30)-($0.26) vs. ($0.24) Thomson Reuters consensus; sees Q3 revs of $45.5-$47.5 mln vs. $45.18 mln Thomson Reuters consensus. Co issues in-line guidance for FY10, sees EPS of $0.23-$0.32 vs. $0.28 Thomson Reuters consensus; sees FY10 revs of $277-$287 mln vs. $283.10 mln Thomson Reuters consensus.
16:11
V Visa beats by $0.04, beats on revs; reaffirms FY10-11 outlook (EPS, rev, op. margin growth outlook) (75.18 -1.43)
Reports Q3 (Jun) earnings of $0.97 per share, $0.04 better than the Thomson Reuters consensus of $0.93; revenues rose 23.3% year/year to $2.03 bln vs the $1.97 bln consensus. Reaffirms FY10-FY11 EPS growth of 20%+; FY10 rev growth at high end of 11-15%; op margin at mid to high 50% range Payments volume growth, on a constant dollar basis, for Q3 was a positive 14% over the prior year at $803 billion, vs. +13% in Q2. Cross border volume growth, on a constant dollar basis, was a positive 17%. Total processed transactions, which represent transactions processed by VisaNet were a positive 14% increase over the prior year.
16:11
ARG Airgas sends letter to stockholders; board unanimously recommends stockholders vote "for" Airgas' three experienced and highly qualified directors and "against" Air Products' (APD) by-law amendment proposals (65.50 -0.16)
16:11
O Realty Income reports EPS in-line, revs in-line; guides FY10 FFO in-line; guides FY11 FFO in-line (32.59 -0.21)
Reports Q2 (Jun) funds from operations of $0.46 per share, in-line with the Thomson Reuters consensus of $0.46; revenues rose 2.7% year/year to $83.5 mln vs the $84.1 mln consensus. Co issues in-line guidance for FY10, sees FFO of $1.84-1.86 vs. $1.86 Thomson Reuters consensus. Co issues in-line guidance for FY11, sees FFO of $1.96-2.00 vs. $1.98 Thomson Reuters consensus.
16:10
ESRX Express Scripts beats by $0.01, reports revs in-line; guides FY10 EPS in-line (42.20 -1.19)
Reports Q2 (Jun) earnings of $0.60 per share, $0.01 better than the Thomson Reuters consensus of $0.59; revenues rose 105.4% year/year to $11.29 bln vs the $11.35 bln consensus. ESRX reports Q2 gross margin of 6.7% vs. 6.9% consensus. Co issues raises the lower end of guidance for FY10, sees EPS of $2.45-2.50 vs. $2.49 Thomson Reuters consensus, up from $2.425-2.50 prior guidance. Express Scripts continues to expect the acquisition of NextRx to generate more than $1 billion of incremental EBITDA once fully integrated.
16:10
KAI Kadant beats by $0.03, beats on revs; guides Q3 EPS below consensus, revs below consensus; guides FY10 EPS above consensus, revs in-line (17.74 -0.75)
Reports Q2 (Jun) earnings of $0.42 per share, $0.03 better than the Thomson Reuters consensus of $0.39; revenues rose 37.9% year/year to $69.1 mln vs the $67.6 mln consensus. Co issues downside guidance for Q3, sees EPS of $0.21-0.23 vs. $0.24 Thomson Reuters consensus; sees Q3 revs of $60-62 mln vs. $64.37 mln Thomson Reuters consensus. Co issues guidance for FY10, sees EPS of $1.20-1.25 vs. $1.17 Thomson Reuters consensus; sees FY10 revs of $255-265 mln vs. $259.55 mln Thomson Reuters consensus.
16:10
ATHX Athersys announces positive results from Phase I study of Multistem in heart attack patients (2.76 -0.30) -Update-
Co announced positive results from its phase I clinical trial of MultiStem, its allogeneic cell therapy product, administered to individuals following acute myocardial infarction, more commonly referred to as a heart attack. The study results, based on four months of post-treatment patient data, demonstrate that MultiStem was well tolerated at all dose levels and also suggest improvement in heart function in treated patients.
16:10
NGLS Targa Resources announces Benzene Treating Project at Mont Belvieu, TX (27.16 +0.09)
Co announced that its wholly owned subsidiary, Targa LSNG LP, has executed a long-term contract with Marathon Petroleum Company, the refining, marketing and transportation operations of Marathon Oil Corporation, to install, own and operate treating equipment to reduce the benzene content of natural gasoline.
16:08
MPWR Monolithic Power announces $50 million stock repurchase program (19.50 -0.19)
16:08
OI Owens-Illinois misses by $0.01, misses on revs (29.84 +0.06)
Reports Q2 (Jun) earnings of $0.90 per share, $0.01 worse than the Thomson Reuters consensus of $0.91; revenues fell 5.6% year/year to $1.7 bln vs the $1.82 bln consensus. Commenting on the Company's outlook for the third quarter of 2010, co says, "We anticipate the economic recovery will continue, but improvement may vary given strong growth in the emerging markets and sluggish beer demand in North America and Europe. Price will likely be responsive to input cost trends and overall demand patterns. As our strategic footprint initiative is essentially complete, we anticipate higher capacity utilization compared with the prior year, but currency trends will likely remain a headwind for O-I. We look forward to additional strategic activities in the second half of the year that will deliver further growth and value to our shareholders."
16:07
QLTY Quality Distribution beats by $0.03, beats on revs (6.44 +0.01)
Reports Q2 (Jun) earnings of $0.10 per share, $0.03 better than the Thomson Reuters consensus of $0.07; revenues rose 18.6% year/year to $177.6 mln vs the $164.7 mln consensus.
16:07
CERN Cerner beats by $0.01, beats on revs; guides Q3 EPS in-line, revs in-line; guides FY10 EPS in-line, revs in-line (75.31 -1.33)
Reports Q2 (Jun) earnings of $0.69 per share, excluding non-recurring items, $0.01 better than the Thomson Reuters consensus of $0.68; revenues rose 12.9% year/year to $456 mln vs the $449.3 mln consensus. Co issues in-line guidance for Q3, sees EPS of $0.71-0.76 vs. $0.74 Thomson Reuters consensus; sees Q3 revs of $455-470 mln vs. $465.39 mln Thomson Reuters consensus. Co issues in-line guidance for FY10, sees EPS of $2.85-2.92 vs. $2.88 Thomson Reuters consensus; sees FY10 revs of $1.83-1.875 bln vs. $1.85 bln Thomson Reuters consensus.
16:07
CTXS Citrix Systems beats by $0.03, beats on revs; guides Q3 EPS in-line, revs above consensus; guides FY10 EPS in-line, revs above consensus (47.33 -0.68)
Reports Q2 (Jun) earnings of $0.48 per share, excluding non-recurring items, $0.03 better than the Thomson Reuters consensus of $0.45; revenues rose 16.7% year/year to $458.4 mln vs the $436.9 mln consensus. Co issues guidance for Q3, sees EPS of $0.48-0.49 vs. $0.48 Thomson Reuters consensus; sees Q3 revs of $450-460 vs. $446.12 mln Thomson Reuters consensus. Co issues guidance for FY10, sees EPS of $1.87-1.89 vs. $1.90 Thomson Reuters consensus; sees FY10 revs of $1.81-1.83 bln vs. $1.79 bln Thomson Reuters consensus.ct
16:07
NTY NBTY beats by $0.21, reports revs in-line (53.96 -0.18)
Reports Q3 (Jun) earnings of $1.03 per share, $0.21 better than the Thomson Reuters consensus of $0.82; revenues rose 6.7% year/year to $696 mln vs the $699.3 mln consensus. The overall gross profit percentage for the fiscal third quarter of 2010 increased 3% to 48% from 45% for the fiscal third quarter of 2009.
16:06
BMC BMC Software misses by $0.02, misses on revs; reaffirms FY11 EPS guidance (37.89 -0.60)
Reports Q1 (Jun) earnings of $0.62 per share, $0.02 worse than the Thomson Reuters consensus of $0.64; revenues rose 2.4% year/year to $460.9 mln vs the $472.8 mln consensus. Co reaffirms guidance for FY11, sees EPS of $2.84-$2.94 vs. $2.89 Thomson Reuters consensus.
16:06
DRIV Digital River beats by $0.03, reports revs in-line; guides Q3 EPS below consensus, revs below consensus (27.06 -1.44)
Reports Q2 (Jun) earnings of $0.08 per share, $0.03 better than the Thomson Reuters consensus of $0.05; revenues fell 15.3% year/year to $81.8 mln vs the $82 mln consensus. Co issues downside guidance for Q3, sees EPS of $0.13 vs. $0.14 Thomson Reuters consensus; sees Q3 revs of ~$77.6 mln vs. $81.22 mln Thomson Reuters consensus.
16:06
NLY Annaly Mortgage misses by $0.03 (17.85 -0.13)
Reports Q2 (Jun) earnings of $0.59 per share, $0.03 worse than the Thomson Reuters consensus of $0.62.
16:05
LOOP Loopnet announces long-term enterprise search agreement With CB Richard Ellis; terms not disclosed (12.39 +0.24)
16:05
RNOW Rightnow Tech beats by $0.01, reports revs in-line; guides FY10 EPS in-line, revs in-line (15.51 -0.86)
Reports Q2 (Jun) earnings of $0.09 per share, excluding non-recurring items, $0.01 better than the Thomson Reuters consensus of $0.08; revenues rose 19.8% year/year to $43.5 mln vs the $43.1 mln consensus. Co issues in-line guidance for FY10, sees EPS of $0.40-0.45 vs. $0.43 Thomson Reuters consensus; sees FY10 revs of $175-180 mln vs. $177.87 mln Thomson Reuters consensus.
16:05
NSR Neustar announces authorization for $300 mln share repurchase plan (23.21 +0.03)
16:04
ITRI Itron beats by $0.25, beats on revs (57.81 -0.69)
Reports Q2 (Jun) earnings of $0.98 per share, excluding non-recurring items, $0.25 better than the Thomson Reuters consensus of $0.73; revenues rose 37.8% year/year to $569 mln vs the $499.9 mln consensus.
16:04
MBLX Metabolix misses by $0.03, misses on revs (16.45 -0.93)
Reports Q2 (Jun) loss of $0.36 per share, $0.03 worse than the Thomson Reuters consensus of ($0.33); revenues fell 68.6% year/year to $0.1 mln vs the $0.6 mln consensus.
16:04
ODSY Odyssey Healthcare beats by $0.03, reports revs in-line (26.29 -0.03)
Reports Q2 (Jun) earnings of $0.41 per share, $0.03 better than the Thomson Reuters consensus of $0.38; revenues rose 3.5% year/year to $176.2 mln vs the $175.6 mln consensus. On May 24, 2010, Odyssey HealthCare and Gentiva Health Services, Inc. (GTIV) announced that they had entered into a definitive merger agreement whereby Gentiva will acquire Odyssey in an all cash merger transaction for a price per share of Odyssey common stock of $27.00 in cash.
16:04
AMP Ameriprise Financial beats by $0.21, beats on revs (38.30 -0.44)
Reports Q2 (Jun) earnings of $0.98 per share, $0.21 better than the Thomson Reuters consensus of $0.77; revenues rose 37.5% year/year to $2.58 bln vs the $2.32 bln consensus.
16:04
CTV Commscope beats by $0.01, reports revs in-line; guides Q3 revs below consensus (26.07 -0.30)
Reports Q2 (Jun) earnings of $0.55 per share, excluding non-recurring items, $0.01 better than the Thomson Reuters consensus of $0.54; revenues rose 6.9% year/year to $838 mln vs the $833.2 mln consensus. Co issues downside guidance for Q3, sees Q3 revs of $815-865 mln vs. $869.72 mln Thomson Reuters consensus.
16:04
MFI MicroFinancial announces an increase and extension of its bank credit facility from $85 mln to $100 mln and has extended the term for an additional 3 yrs. (3.95 -0.03)
16:04
CML Compellent Technologies beats by $0.03, beats on revs (11.79 -0.27)
Reports Q2 (Jun) earnings of $0.04 per share, excluding non-recurring items, $0.03 better than the Thomson Reuters consensus of $0.01; revenues rose 27.2% year/year to $36.5 mln vs the $33.9 mln consensus. Deferred revenue was $46.5 million, an increase of $8.3 million from December 31, 2009.
16:03
ES EnergySolutions announces proposed private offering of $300 mln of senior unsecured notes (5.19 -0.15)
16:03
SUNH Sun Healthcare beats by $0.01, reports revs in-line (7.72 -0.11)
Reports Q2 (Jun) earnings of $0.26 per share, excluding non-recurring items, $0.01 better than the Thomson Reuters consensus of $0.25; revenues rose 1.3% year/year to $474.6 mln vs the $478.8 mln consensus.
16:03
NETL NetLogic beats by $0.06, reports revs in-line (32.80 -0.43)
Reports Q2 (Jun) earnings of $0.38 per share, excluding non-recurring items, $0.06 better than the Thomson Reuters consensus of $0.32; revenues rose 192.5% year/year to $95 mln vs the $95.1 mln consensus.
16:03
ORB Orbital Sciences selected by Nasa as Sounding Rockets Operations Contractor; total value of indefinite-delivery, indefinite-quantity cost-plus incentive fee contract is $310 million (14.21 -0.32)
NASA has selected Orbital Sciences, Technical Services Division in Greenbelt, Md., for the agency's Sounding Rockets Operations contract. The total value of this indefinite-delivery, indefinite-quantity cost-plus incentive fee contract is $310 million, with a period of performance of five years.
16:02
LRCX Lam Research beats by $0.20, beats on revs (41.66 -0.98)
Reports Q4 (Jun) earnings of $1.17 per share, $0.20 better than the Thomson Reuters consensus of $0.97; revenues rose 219.2% year/year to $695.3 mln vs the $656.5 mln consensus. Q4 operating margin of 22.4% vs consensus of 23.9%
16:02
PDLI PDL BioPharma reports EPS in-line, revs in-line (5.99 -0.16)
Reports Q2 (Jun) earnings of $0.38 per share, excluding non-recurring items, in-line with the Thomson Reuters consensus of $0.38; revenues rose 6.1% year/year to $120.3 mln vs the $120.3 mln consensus. Co says will pay previously announced special dividend of $0.50 on Oct 1 to holders of record on Sept 15.
16:01
ARRS Arris misses by $0.01, misses on revs; guides Q3 EPS below consensus, revs below consensus (11.49 -0.43)
Reports Q2 (Jun) earnings of $0.24 per share, $0.01 worse than the Thomson Reuters consensus of $0.25; revenues rose 0.7% year/year to $280.4 mln vs the $288.3 mln consensus. Co issues downside guidance for Q3, sees EPS of $0.16-0.20 vs. $0.27 Thomson Reuters consensus; sees Q3 revs of $270-290 mln vs. $300.45 mln Thomson Reuters consensus.
16:01
EQIX Equinix to invest $43 mln to expand SG2 by 850 cabinet equivalents (88.06 -2.39)
16:01
SKX Skechers USA beats by $0.38, beats on revs (35.24 -0.23)
Reports Q2 (Jun) earnings of $0.82 per share, $0.38 better than the Thomson Reuters consensus of $0.44; revenues rose 68.9% year/year to $504.9 mln vs the $427.8 mln consensus.
16:00
AKAM Akamai tech appoints David Kenny as president (44.03 -0.30)
Co announces that David W. Kenny will become President of Akamai's business operations, including the company's product groups, global sales, services, and marketing, engineering, and networks and operations.
15:58
Conferences and Shareholder/Analyst Meetings of Interest
Events of interest of interest for tomorrow, July 29, include: MSFT Analyst Meeting. Fed/Treasury: $29 bln 7-yr Treasury Notes Auction; Fed's Fisher.
15:47
Earnings Calendar
Today after the close, of the many companies scheduled to report, some of the bigger names include: AKAM, ASIA, BEAT, CTXS, DRIV, DRYS, ESRX, GMCR, LOGI, OI, RA, RYL, TSO, VAR, V, and WLL. Tomorrow before the open, of the many companies scheduled to report, some of the bigger names include: ADP, AVP, ABX, BDX, BBW, BG, CELG, CKP, CME, CL, XRAY, DBD, DPS, EGO, XOM, BEN, GR, GT, K, MJN, MDP, MOT, NOC, POT, RSH, RTN, REV, RDS.A, SNE, LUV, STRA, TYC, WM, and WYNN.
15:40
JJG Global & sector ETF money flows- Grain/Ag Complex (DBA, JJG) leads all sectors now heading towards the closing bell; Homebuilders & Home Construction (ITB, XHB) remain the weakest performers today -Technical-
The Actively Traded Leading Global & Sector ETFs:
grain/ag complex- JJG +2.75%, DBA +1.50%, VIX vol index- VXX +1.50%, base metals- DBB +1.25%, natural gas- UNG +1.0%, copper- JJC +1.0%, iShares Japan- EWJ +1.0%, commods. index- DJP +0.75%, DBC +0.50%, Yen currency shares- FXY +0.75%, livestock commods- COW +0.75%, iShares Brazil- EWZ +0.50%, platinum- PGM +0.50%, PTM +0.25%
The Actively Traded Lagging Global & Sector ETFs:
homebuilders & home construction- XHB -3.0%, ITB -3.50%, biotechnology- XBI -2.50%, IBB -2.0%, semis- XSD -2.25%, IGW -1.75%, SMH -1.50%, RUT 2000 small-caps- IWM -1.75%, iShares Sweden- EWD -1.50%, iShares Chile- ECH -1.50%, healthcare- IHF -2.25%, IYH -1.50%, XLV -1.50%, regional banks- KRE -1.50%, RKH -1.25%, SPDRS US retailers- XRT -1.50%
15:31
DIA Dow -41 bounces more than 30 points off afternoon low -Update- -Technical-
15:13
SPY Further afternoon downticks for stock indices -- S&P -10, Dow -65, Nasdaq -28 -Update- -Technical-
S&P is currently probing the 1103 support with the next short term area of interest at 1100/1099 short term retracement/Mid-July reaction high.
14:59
ILMN NASDAQ 100 (NDX) strength & weakness- Biotechnology name (ILMN) continues to lead all index percentage gainers heading into today's final hour of trade -Technical-
NDX 10 Best % Performers:
ILMN, CHRW, RIMM, VMED, FISV, CMCSA, LOGI, NIHD, CTAS, MICC
NDX 10 Worst % Performers:
CEPH, HOLX, TEVA, MRVL, STX, BIIB, NVDA, ERTS, ESRX, EXPE
NASDAQ A/D -1080
NASDAQ TRIN +0.95
14:57
VZ Dow 30 (INDU) strength & weakness- Telecom name (VZ) continues to lead the industrials heading into today's final hour of trade; Aerospace name (BA) remains weak -Technical-
INDU 5 Best % Performers:
VZ, WMT, CSCO, XOM, CAT
INDU 5 Worst % Performers:
BA, PFE, AA, HD, MCD
NYSE A/D -1180
NYSE TRIN +1.05
14:52
SPY S&P -7.1 unable to clear initial intraday barrier, slips to new low -Update- -Technical-
Noted in the 14:34 update the S&P needed to bounce back through 1109 and 1111 to neutralize a potential weaker intraday pattern. It bounced to 1108.76 before rotating lower with it recently setting a minor new session low of 1105 near the 1104/1103 support
14:51
HWKN Hawkins Chemical, Inc. authorized a special dividend of $0.10 per share (29.10 +0.90)
14:50
PJC Piper Jaffray authorized the repurchase of up to $75 mln of outstanding common stock (31.33 -0.71)
14:39
COMDX NYMEX Energy Closing Prices
Sept crude oil settled down 51 cents to $76.99, Sept natural gas gained 6.6 cents to finish at $4.713, Aug RBOB gasoline shed 0.19 cents to end at $2.0613 and Aug heating oil closed lower by 0.33 cents to $1.9961.
14:37
COMDX CBOT Agriculture and Ethanol and ICE Exchange Sugar Closing Prices
December corn closed 13 cents higher at $3.90 per bushel, November soybeans closed higher by 9.7825 cents at $9.7825 per bushel, Sept wheat closed 18.5 cents higher at $6.135 per bushel, Aug ethanol closed $0.033 higher at $1.642, October world sugar futures closed 0.45 cents lower to 18.87 cents.
14:34
SPY Modest post-FOMC gyrations continue with indices edging up off afternoon/session lows -- Dow -31, S&P -5.5, Nasdaq -20 -Update- -Technical-
Intraday levels for the S&P to work through to neutralize a potential weaker pattern are at 1109 and 1111.
14:20
SPY Dow -44 and S&P -6.9 join Nasdaq Comp -21 at new session lows -Update- -Technical-
14:20
LLY Eli Lilly confirms U.S. Court of Appeals rules on validity of Lilly's Gemzar method-of-use patent (36.67 -0.43)
Co confirms that the U.S. Court of Appeals for the Federal Circuit has upheld a prior ruling by the U.S. District Court for the Eastern District of Michigan that Gemzar's method-of-use patent is invalid. Today's court decision does not allow for the immediate entry of generic gemcitabine in the U.S. market. Supported by the compound patent, the company expects to maintain market exclusivity for Gemzar until November 15, 2010. As a result, today's court decision will not cause the company to modify its current 2010 financial guidance.
14:17
SPY Stock indices staging intraday retreat with Nasdaq Comp -19 setting a new low -- Dow -27, S&P -5.6 -Update- -Technical-
14:07
SPY Now seeing some stock index upticks as FOMC headlines were in line with expectations -- Dow -7, S&P -2.8, Nasdaq -14 -Update- -Technical-
14:05
DIA Dow -14 trade range after FOMC is just 9 points -Update- -Technical-
14:01
SPY Initial reaction to FOMC headlines is slightly negative for stock indices -- Dow -19, S&P -4.8, Nasdaq -18 -Update- -Technical-
13:50
CCI Crown Castle announces proposed additional securitized notes (39.08 +0.11)
Co announced that certain of its indirect subsidiaries intend to offer, in a private transaction, up to $1.55 bln of Senior Secured Tower Revenue Notes, as additional debt securities under the existing Indenture dated as of June 1, 2005.
13:32
COMDX COMEX Metals Closing Prices
Aug gold finished higher by $2.10 to $1160.10, Sept silver shed 18.5 cents to close at $17.441 and Sept copper gained 3.9 cents to end at $3.2455.
13:19
DGX Quest Diagnostics: New York State approves Quest Diagnostics' Fragile X Syndrome test (46.60 +0.42)
Co announced that the New York state Department of Health has approved its Fragile X Syndrome Test. With the approval, Quest Diagnostics can offer the test to physicians in New York as well as in all other U.S. states.
12:56
SPY Stock indices edge up toward intraday bounce highs in midday trade -- Dow -7.7, S&P -2.9, Nasdaq Comp -11 -Update- -Technical-
The bounce highs are at 10531 Dow, 1111 S&P and 2277 Nasdaq Comp.
12:55
SJR Shaw Comms announces Ontario Superior Court Approves Canwest plan of compromise, arrangement and reorganization (19.54 +0.02)
Co announced that the Ontario Superior Court of Justice issued a sanction order approving the restated consolidated plan of compromise, arrangement and reorganization relating to Canwest Global Communications, Canwest Media and certain of its subsidiaries.
12:40
JJG Global & sector ETF money flows- Ag/Grain complex (JJG, DBA) now the best performer here @ midday; Homebuilders & Home Construction (ITB, XHB) lag -Technical-
The Actively Traded Leading Global & Sector ETFs:
ag/grain complex- JJG +3.50%, DBA +1.50%, natural gas- UNG +3.0%, base metals- DBB +1.50%, VIX vol index- VXX +1.25%, copper- JJC +1.25%, iShares Brazil- EWZ +1.0%, iShares Japan- EWJ +0.75%, iShares telecom- IYZ +0.75%, Latin America fund- ILF +0.75%, gold miners & junior gold miners- GDX +0.50%, GDXJ +0.50%, REITS & real estate- ICF +0.50%, VNQ +0.50%, IYR +0.50%
The Actively Traded Lagging Global & Sector ETFs:
homebuilders & home construction- ITB -2.50%, XHB -2.0%, biotechnology- XBI -2.0%, IBB -1.25%, BBH -1.0%, iShares Chile- ECH -1.50%, semis- XSD -1.50%, IGW -1.25%, iShares Sweden- EWD -1.0%, regional banks- KRE -1.0%, RKH -1.0%, commercial banks- KBE -1.0%, healthcare- XLV -1.0%, IYH -1.0%, IHF -1.50%
12:29
ILMN NASDAQ 100 (NDX) strength & weakness- Biotechnology name (ILMN) continues to lead the index here @ midday while other Biotechnology names (CEPH, HOLX, BIIB) also lag -Technical-
NDX 10 Best % Performers:
ILMN, CHRW, NIHD, VMED, RIMM, FISV, BBBY, MICC, CSCO, LOGI
NDX 10 Worst % Performers:
CEPH, HOLX, ESRX, BIIB, NVDA, MRVL, CELG, SHLD, TEVA, STX
NASDAQ A/D -905
NASDAQ TRIN +0.85
12:26
VZ Dow 30 (INDU) strength & weakness- Mixed leaderboard persists for the industrials here @ midday with Telecom name (VZ) still the best percentage gainer; Aerospace name (BA) continues to lag -Technical-
INDU 5 Best % Performers:
VZ, CSCO, DD, AXP, WMT
INDU 5 Worst % Performers:
BA, AA, PFE, MCD, GE
NYSE A/D -805
NYSE TRIN +1.0
11:56
XHB SPDR Homebuilders a laggard cuts latest rally in half (14.99 -0.28) -Technical-
The sector ETF failed to clear its 200 sma yesterday with an aggressive pullback reaching back near the 50% retracement of the rally off last week's low and congestion at 14.94/14.87 today (session low 14.98) -- Click for chart -- LEN -2.5%, MTH -5.8%, PHM -2.3%, KBH -3.9%, DHI -3.3%, TOL -2.8%, RCII -3.5%, LEG -1.8%, MDC -2.6%. XHB
11:53
European Markets Closing Prices
European markets are now closed; stock markets across Europe performed as follows: UK's FTSE: -0.9% Germany's DAX: -0.5% France's CAC: +0.1 Spain's IBEX: +0.1% Portugal's PSI: +1.0%
11:45
SMH Seeing intraday relative weakness in Semi SMH and Retail XRT in recent trade as they establish minor new session lows -Technical-
11:17
QQQQ Nasdaq Comp -12.4 drifts to new low to test support zone -Technical-
The index drifted as low at 2273 to test a support zone at 2272/2266 noted in The Technical Take. The move was not confirmed by the Dow -13 and S&P -3.8 with some limited upticks noted in recent trade.
11:02
MEDW Mediware Info Sys renews relationship with William Blair & Company to explore a variety of strategic alternatives (9.26 +0.04)
Co announced that it is renewing its relationship with its long standing financial advisor, William Blair & Company. As part of the ongoing agreement, Mediware management will be working with William Blair to explore a variety of strategic alternatives. The company routinely performs internal strategic assessments and has not set a definitive timetable for completion of the evaluation. There can be no assurance that the evaluation will lead to any change in operating plans for the company or result in the pursuit of any specific alternative. As in the past, the company intends to disclose developments regarding this process only if and when material.
11:00
POT Potash jumps above intraday range top/early high, reaches 98.66 (98.45 +1.30) -Technical-
This week's peak is just above at 98.81 with the upper end of its multi-wk trading range and July recovery high at 99.64.
10:48
SPY Stock indices lifting slightly off morning lows -- S&P -3.4, Dow -10, Nasdaq -9.4 -Update- -Technical-
Relative sector strength on this push (outperforming the S&P) has been noted in: Housing XHB, Oil Service OIH, Airline FAA, REITs IYR, Gold Miners GDX, Silver SLV, Pharma PPH.
10:46
TEVA Teva Pharma susidiary Teva Respiratory announces positive results from Phase III trial of BDP HFA nasal aerosol in seasonal allergic Rhinitis (48.85 -1.33)
Teva Respiratory announced positive results from a Phase III trial evaluating the efficacy and safety of beclomethasone dipropionate hydrofluoroalkane Nasal Aerosol in the treatment of seasonal allergic rhinitis. The study met all efficacy endpoints, demonstrating a statistically significant benefit as compared to placebo. Furthermore, the safety profile of BDP HFA Nasal Aerosol was similar to placebo.
10:42
OIH Oil Service HOLDRS weaker again (104.65 -0.96) -Update- -Technical-
Noted the OIH push to/pause near its July/June highs yesterday (fell 3% intraday) with it in the red again today after the energy data. Overall, however, it remains within the now week long trading range (Click for chart).
10:40
UNG Global & sector ETF money flows- Natural Gas (UNG) leads all spaces through today's 1st hour of trading; Homebuilders & Home Construction (ITB, XHB) lags -Technical-
The Actively Traded Leading Global & Sector ETFs:
natural gas- UNG +3.25%, ag/grain complex- JJG +2.0%, DBA +0.75%, VIX vol index- VXX +1.50%, base metals- DBB +1.75%, copper- JJC +1.50%, iShares Japan- EWJ +1.0%, iShares telecom- IYZ +0.50%, Yen currency shares- FXY +0.50%, Swiss Franc currency shares- FXF +0.50%, platinum- PGM +0.50%, PTM +0.25%, gold miners & junior gold miners- GDX +0.50%, GDXJ +0.50%
The Actively Traded Lagging Global & Sector ETFs:
homebuilders & home construction- XHB -1.75%, ITB -2.25%, crude/WTI oil- USO -1.0%, OIL -1.25%, iShares S Africa- EZA -1.50%, iShares Chile- ECH -1.50%, biotechnology- XBI -1.25%, IBB -1.0%, commercial banks- KBE -1.0%, iShares Sweden- EWD -1.25%, RBOB gas- UGA -1.25%
10:33
OIH Crude oil ticks to lows at $75.90 following inventory data; now off $1.31 to $76.19
10:32
USO U.S. Oil Fund drops sharply after data, probes support at last week's low of 33.91 -- session low 33.99 (34.10 -0.58) -Technical-
10:30
ILMN NASDAQ 100 (NDX) strength & weakness- Biotechnology name (ILMN) leads the index through today's 1st hour of trading while other Biotechnology names (CEPH, HOLX, CELG) underperform -Technical-
NDX 10 Best % Performers:
ILMN, CHRW, FISV, RIMM, NIHD, VMED, BRCM, LOGI, SNDK, BBBY
NDX 10 Worst % Performers:
HOLX, CEPH, ESRX, TEVA, NWSA, NVDA, SHLD, CELG, FLEX, ERTS
NASDAQ A/D -975
NASDAQ TRIN +0.55
10:28
MBI MBIA Inc announces purchase of Channel Re for $40 mln; will be accretive to liquidity position (8.45 -0.03)
Co has acquired the 83% of Channel Re Holdings and Channel Reinsurance that it did not previously own for $40 million. The transaction will result in an increase in MBIA Corp.'s statutory capital and will be accretive to its liquidity position.
10:27
VZ Dow 30 (INDU) strength & weakness- Mixed leaderboard through today's 1st hour of trade with Telecom (VZ) name leading the index; Aerospace name (BA) lags following earnings -Technical-
INDU 5 Best % Performers:
VZ, CSCO, XOM, WMT, KFT
INDU 5 Worst % Performers:
BA, PFE, MSFT, GE, AA
NYSE A/D -1125
NYSE TRIN +0.90
10:26
GWW WW Grainger authorizes new 10 mln share repurchase program (110.24 -0.29)
10:21
SPY S&P -4 tests first level support -Update- -Technical-
Noted support at 1109/1108 in The Technical Take with a test and stabilization at this area in recent trade. Intraday need to see a push back through roughly the 1111.75/1112.50 area to improve the intraday patterns. Support below the low (1108) on a failure is in the 1104/1103 zone.
10:11
SPY Stock indices slide to new lows slightly under Tuesday troughs -- Dow -29, S&P -4.4, Nasdaq -8.1 -Update- -Technical-
10:09
PNRA Panera Bread flirts with yesterday's high after weaker earnings related start (79.00 +0.40) -Update- -Technical-
10:06
NFLX Netflix sinks to fresh lows as it dips down to challenge its recent 4-day consolidative range low near the $101.50 area (101.89 -2.50) -Technical-
The $100.00 "psych" level comes into play directly below.
10:02
NYMX Nymox Pharma reports safety monitoring committee findings for pivotal phase 3 NX-1207 trials; U.S. pivotal trials of NX-1207 was favorable and indicated no significant safety concerns for the trials to date (4.43 -0.03)
Co provided an update on the Company's Phase 3 program for NX-1207, Nymox's investigational drug for benign prostatic hyperplasia (BPH). The Safety Monitoring Committee meeting of July 22, 2010 for the Phase 3 U.S. pivotal trials of NX-1207 was favorable and indicated no significant safety concerns for the trials to date. Patient recruitment and trial activities for pivotal U.S. studies NX02-0017 and NX02-0018 are proceeding at over 70 well-known urology investigative sites throughout the U.S.
10:01
HPQ Hewlett-Packard sets new session high of 47.70 with its 200 ema, yesterday's peak and the July high between 47.73/47.97 (47.63 +0.06) -Technical-
09:59
SPY Further minor dip for stock indices but still hold near Tuesday afternoon range lows/session lows and bounce -- Dow -16, S&P -1.6, Nasdaq -0.3 -Update- -Technical-
09:56
TECHX Sector Watch -Update- -Technical-
The A/D Line is negative with the worst performing sectors on a percentage being led thus far by: Paper -2.7%, Healthcare -1.9%, Disk Drive -1.5%, Silver -1.2%, Medical Supplies -1%, Rail -1%, Health XLV -0.9%, Pharma PPH -0.8%, Bank KBE -0.6%, Insurance KIE -0.6%.
09:46
SPY Stock indices are in the red but still contained within Tuesday afternoon trade range -- Dow -1.6, S&P -0.5, Nasdaq -0.3 -Technical-
09:44
BIDU Baidu.com hovering near yesterday's low at 80.12 (80.12 -0.95) -Technical-
09:43
TECHX Opening Point Gainers/Losers -Technical-
Point Gainers: JLL (+5.37), APL (+3.85), ILMN (+3.09), CHRW (+3.10), BWLD (+2.88), FDO (+2.63), WAT (+2.57), FSYS (+2.31), WYN (+1.90)
Point Losers: HSP (-3.54), GPN (-4.03), XEC (-2.99), ATI (-3.04), CEPH (-2.43), WBSN (-2.22), JDAS (-1.96), ROK (-1.86), PNRA (-1.31), UTHR (-1.61)
09:35
AAPL Apple back hovering in the vicinity of yesterday/last week highs at 264.80/265.15 (264.25 +0.16) -Update- -Technical-
09:34
LEI Lucas Energy announces Completion of Stoeltje No.2 Well (2.13 -0.02)
Co announced that the Company has completed Stoeltje No.2 well on June 19, 2010. The well is a re-entry of an Austin Chalk well in Wilson County, Texas. The well tested 23 BOPD and 28 BWPD, pumping. The Austin Chalk formation is just above the Eagle Ford formation.
09:33
ZINC Horsehead Holding provided update on operations at its Monaca, PA Plant before the open (8.01 -0.09)
Co provided an update on the incident that occurred at its Monaca, PA facility on July 22, 2010 which resulted in two fatalities in the plant's zinc oxide refining facility. The zinc refinery remains on temporary shutdown pending completion of an investigation and assessment of the damage. A preliminary assessment of the damage indicates that each of the 10 columns used to produce zinc oxide and refined zinc metal in the refining facility will need to be rebuilt before production can be safely restarted using these columns. The investigations may take several weeks to complete. It is anticipated that it could take several months for production capabilities in the refining facility to be fully restored.
09:31
GNBT Generex Biotech Provides Positive Update On Generex Oral-Lyn(TM) Pivotal Phase III Trial (0.37 +0.05)
Co announces announced that it has now achieved 75% of the required number of per-protocol completers in its ongoing six month pivotal global Phase III study of Generex Oral-lyn. These early results suggest that, should the current trend be maintained through the early 2011 completion date of the treatment phase of all enrolled subjects, the use of Generex Oral-lyn will support a non-inferiority claim relative to the standard-of-care injectable insulin. This position will be reviewed following a formal interim analysis after the 90-day results for all subjects become available.
09:04
AVX AVX Corp beats by $0.02, misses on revs (13.63 )
Reports Q1 (Jun) earnings of $0.31 per share, $0.02 better than the Thomson Reuters consensus of $0.29; revenues rose 35.8% year/year to $396.5 mln vs the $405.3 mln consensus. Gross margin improved over both the previous quarter and the same quarter last year to 26%.
09:02
MHR Magnum Hunter announces approval by Series C preferred stockholders of increase in authorized shares (4.62 )
09:02
CFR Cullen/Frost Bnkrs beats by $0.07 (53.51 )
Reports Q2 (Jun) earnings of $0.87 per share, $0.07 better than the Thomson Reuters consensus of $0.80.
09:00
TOPS Top Ships announces waiver from Emporiki Bank (1.01 )
Co announced today that it has obtained a waiver from Emporiki Bank until June 30, 2011 in relation to the breach of certain financial covenants under the Emporiki credit facility.
08:55
SRI Stoneridge beats by $0.12, beats on revs; guides FY10 revs in-line (8.98 )
Reports Q2 (Jun) earnings of $0.17 per share, $0.12 better than the Thomson Reuters consensus of $0.05; revenues rose 62.6% year/year to $166.3 mln vs the $154.9 mln consensus. Co issues in-line guidance for FY10, sees FY10 revs of 605-625 vs. $624.96 mln Thomson Reuters consensus.
08:46
RPC Radient Pharm China-based subsidiary Jade Pharmaceuticals signs letter of intent to acquire Shanxi Baotai Pharmaceutical (0.91 )
Co announced its China-based subsidiary Jade Pharmaceuticals signed a letter of intent (LOI) under which JPI will acquire Shanxi BaoTai Pharmaceutical, a privately owned pharmaceutical manufacturing company located in Taiyuan China, through a non-taxable merger of business assets. The transaction, assuming all closing conditions are satisfied or waived, is expected to close in mid-November 2010.
08:35
COP ConocoPhillips beats by $0.11; announces details of LUKOIL divestment (54.44 )
Reports Q2 (Jun) earnings of $1.67 per share, $0.11 better than the Thomson Reuters consensus of $1.56. Co announced agreement with LUKOIL for the sale of a 7.6 percent interest in LUKOIL. ConocoPhillips and LUKOIL have reached an agreement under which approximately 64.6 million Russian registered shares will be purchased by LUKOIL for $3.44 billion. Co stated it expects to complete its LUKOIL divestment by the end of 2011, with the proceeds used primarily to repurchase ConocoPhillips shares. Production from the Exploration and Production (E&P) segment for the second quarter of 2010 was 1.73 million barrels of oil equivalent (BOE) per day, compared with 1.87 million BOE per day in the same period in 2009.
08:34
QCC Quest Capital: Major shareholder declares intention (1.52 )
Co announced that one of its largest shareholders, The Rule Family Trust, has notified the co that it will not be tendering any shares to the substantial issuer bid that expires on Monday, August 30, 2010.
08:33
MHO M/I Homes misses by $0.12, beats on revs (10.53 )
Reports Q2 (Jun) loss of $0.26 per share, $0.12 worse than the Thomson Reuters consensus of ($0.14); revenues rose 69.0% year/year to $196 mln vs the $164.8 mln consensus.
08:33
APWR A-Power Energy renews wind turbine license agreement with Fuhrlander (8.25 )
The co announces that it renewed its license agreement with German wind technology company, Fuhrlander. Pursuant to the renewed license agreement, Fuhrlander granted A-Power the right to manufacture, operate, service and sell 2.5MW wind turbines using Furhlander's F2500 technology throughout China.
08:32
PSOF Pansoft Company Ltd signs agreement With Jinan Housing Industrialization Development Center (5.17 )
Co announced the signing of an agreement with Jinan City Housing Industrialization Development Center, a state-run business under the Urban Construction Committee of the Jinan Municipal Government, to develop and operate a web based software platform, the China Skeleton Infilling Products E-commerce Platform. Under the agreement, Pansoft will invest a total of RMB 15 mln over three years for a 70% stake in the CSI Products E-commerce Platform. Jinan Housing Industrialization Development Center will provide the relevant CSI technology and trading model in exchange for a 30% stake in the platform.
08:32
MSA Mine Safety misses by $0.02, reports revs in-line (25.30 )
Reports Q2 (Jun) earnings of $0.33 per share, $0.02 worse than the Thomson Reuters consensus of $0.35; revenues rose 4.4% year/year to $237.2 mln vs the $236.1 mln consensus.
08:31
ITRI Itron meter reading solution coming to New Mexico Gas company customers (58.50 )
The co announces a contract with New Mexico Gas Company to install approximately 345,000 natural gas modules with advanced automated meter reading technology. Itron will deliver its mobile collection system to streamline the data collection process. The installations are expected to be completed by March 2011.
08:31
VRNT Verint Systems receives U.S. patent covering recording as a network service (22.39 )
The co announces that the United States Patent and Trademark Office (PTO) has issued a fundamental patent to Verint in the area of recording as a network service. This patent and its related families of issued and pending patents significantly strengthen the company's industry-leading patent portfolio comprised of more than 460 patents and applications worldwide across the company's enterprise workforce optimization and security intelligence solutions.
08:31
MDSO Medidata Solutions: CNS-focused pharmaceutical company Lundbeck extends enterprise contract with Medidata Solutions (15.50 )
The co announces that Denmark-based H. Lundbeck A/S has extended its agreement to use the Medidata Rave electronic data capture (EDC) and clinical data management (CDM) platform for another multi-year period, building on the success of the relationship in the initial three-year contract.
08:31
AVY Avery Dennison beats by $0.12, beats on revs; guides FY10 EPS in-line (37.91 )
Reports Q2 (Jun) earnings of $0.78 per share, $0.12 better than the Thomson Reuters consensus of $0.66; revenues rose 15.4% year/year to $1.68 bln vs the $1.58 bln consensus. Co issues in-line guidance for FY10, sees EPS of $2.60-2.80 vs. $2.68 Thomson Reuters consensus.
08:30
CERP Cereplast sees growth back in market for plastics giants (3.24 )
The co comments that increased growth rates for plastic giants such as DuPont and Alcoa combined with higher costs for crude oil bode well for the bioplastics industry as science-based initiatives and green technologies begin to lead the way and the economic recovery takes hold.
08:19
ALR Alere reports EPS in-line, beats on revs (28.10 )
Reports Q2 (Jun) earnings of $0.57 per share, in-line with the Thomson Reuters consensus of $0.57; revenues rose 19.2% year/year to $523 mln vs the $509.3 mln consensus.
08:16
On the Wires
ArQule (ARQL) announced the initiation of a Phase 2, single agent trial with ARQ 197 in gastric cancer by Kyowa Hakko Kirin, its exclusive licensee for the development and commercialization of ARQ 197 in the Asian territory consisting of Japan, China (including Hong Kong), South Korea and Taiwan. Initiation of this trial will trigger a $5 mln milestone payment to ArQule from Kyowa Hakko Kirin...CSC (CSC) and Brinqa today announced a strategic agreement to bring Brinqa's risk and compliance software solutions to Canadian government customers of Computer Sciences Canada...Level 3 Communications (LVLT) announced that it has signed an agreement with Gandi SAS to provide a range of telecommunications services...Polycom (PLCM) and McAfee (MFE) announced a framework for a global strategic alliance to jointly develop and deliver Secure Unified Communications and Collaboration...ECOtality (ECTY) announced today Roush Manufacturing will manufacture ECOtality's line of Blink home and commercial electric vehicle chargers...A-Power Energy (APWR) announced that it renewed its license agreement with German wind technology company, Fuhrlander AG.
08:12
CSR China Security and Surveillance awarded patent for intelligent video surveillance in China (5.95 )
08:12
RPT Ramco-Gershenson reports Q2 funds from operations of $0.27 vs $0.25 Thomson Reuters consensus; revs $30.4 mln vs $30.28 mln Thomson Reuters consensus (11.62 )
Ramco-Gershenson sees FY10 funds from operations of $1.04-1.12 vs $1.02 Thomson Reuters consensus
08:12
HOLI HLS Systems awarded a sizable contract to supply its ground-based high-speed rail signaling system; contract value at ~$12.36 mln (9.47 )
08:10
ECONX Reminder: Durable Orders data due out in about 20 min at 8:30ET
08:10
TNP Tsakos Energy acquires four 2009-built panamax tankers fpr $218 mln and sells 1990-built panamax tanker Victory III (14.51 )
Co announced the concurrent acquisition of four fully-coated 2009 Korean-built panamax tankers, two to be delivered immediately and two in the fourth quarter of 2010, as well as the sale of the 1990-built panamax tanker Victory III to a third party. Combined, these charters are expected to generate at least $10 million in minimum revenues over the vessels' respective employment. In addition, through this acquisition TEN further expands and solidifies its strategic partnership with the charterer by expanding the number of TEN vessels with this client from five to seven. The remaining two panamaxes, Selini and Salamis, currently operate in a spot pool and management will consider employment options upon delivery depending on prevailing market conditions. Victory III, a sister vessel of Hesnes sold earlier in 2010, will be delivered to its new owners by the end of this month and will release approximately $1.0 million in free cash to the co after repayment of outstanding debt.
08:09
S&P futures vs fair value: +1.40. Nasdaq futures vs fair value: +3.30.
08:09
Asian Markets
Nikkei...9753.27...+256.40...+2.70%. Hang Seng...21091.18...+117.80...+0.60%.
08:09
European Markets
FTSE...5355.45...-10.20...-0.20%. DAX...6183.84...-23.50...-0.40%.
08:08
CASY Casey's General announces $500 million recapitalization plan (36.50 )
The co announces that its Board of Directors has unanimously approved a $500 million recapitalization plan for the Company and has reaffirmed its strategy to continue to execute upon its growth plan. The recapitalization plan will be executed through a modified "Dutch auction" self tender offer for up to $500 million of the Company's common stock at a price of $38.00 to $40.00 per share, and will be funded by a combination of debt financing and available cash. Casey's also announced that its Board unanimously recommends against Alimentation Couche-Tard's slightly revised tender offer to acquire Casey's for $36.75 per common share as it substantially undervalues Casey's and is not in the best interests of Casey's, its shareholders and other constituencies.
08:07
NYB NY Comm Bancrp misses by $0.01 (17.40 )
Reports Q2 (Jun) earnings of $0.30 per share, $0.01 worse than the Thomson Reuters consensus of $0.31.
08:06
CHOP China Gerui provides update on capacity expansion plan (5.85 )
Co provided an update on its production capacity expansion plan. As previously announced, by December 2011, the co plans to double its existing production capacity to 500,000 tons per annum, and increase its chromium plating capability to 250,000 tons per annum, covering 50% of its total annual steel production capacity. Phase I of the expansion plan is the construction of two new cold-rolled wide-strip steel production lines with 150,000 tons of total annual capacity and a chromium plating line capable of processing 200,000 tons of cold-rolled steel per annum. The co expects total capital expenditures for Phase I of $42 mln, of which approximately 65% has been spent to date. For Phase II of the project, the co expects to construct a third cold-rolled wide strip steel production line with 100,000 tons of capacity by the end of the third quarter of 2011. The co expects the capital expenditures for Phase II to total $12 mln.
08:04
HGRD Health Grades beats by $0.01, reports revs in-line (6.34 )
Reports Q2 (Jun) earnings of $0.07 per share, excluding non-recurring items, $0.01 better than the Thomson Reuters consensus of $0.06; revenues rose 24.8% year/year to $15.6 mln vs the $15.6 mln consensus. Note the company earlier announced it will be acquired by Vestar Capital Partners for $8.20/share. Stock it halted.
08:04
SLGN Silgan Holdings beats by $0.01, reports revs in-line; guides Q3 EPS slightly below consensus (29.85 )
Reports Q2 (Jun) earnings of $0.48 per share, excluding $0.01 charge for rationalization charges, $0.01 better than the Thomson Reuters consensus of $0.47; revenues rose 0.6% year/year to $693.9 mln vs the $699 mln consensus. Co issues downside guidance for Q3, sees EPS of $0.85-0.95 vs. $0.96 Thomson Reuters consensus. Co expects improvement in its plastic container business in Q3 of 2010 versus the same period last year, offset by a return to a more normal pack season for the metal food container business as compared to the historically large fruit and vegetable harvest in 2009. In addition, given the magnitude of Q3 and the potential impact of movement in harvest dates, the results of the back half of the year can shift between the third and fourth quarter. This estimate excludes the estimated impact of the loss on early extinguishment of debt of $0.04 per diluted share and rationalization charges.
08:04
SLAB Silicon Labs beats by $0.08, reports revs in-line (42.78 )
Reports Q2 (Jun) earnings of $0.72 per share, $0.08 better than the Thomson Reuters consensus of $0.64; revenues rose 29.1% year/year to $134.6 mln vs the $133.8 mln consensus.
08:03
ARW Arrow Elec beats by $0.20, beats on revs; guides Q3 EPS above consensus, revs in-line (24.14 )
Reports Q2 (Jun) earnings of $1.01 per share, excluding non-recurring items, $0.20 better than the Thomson Reuters consensus of $0.81; revenues rose 36.0% year/year to $4.61 bln vs the $4.44 bln consensus. Co issues guidance for Q3, sees EPS of $0.96-$1.06, excluding non-recurring items, vs. $0.76 Thomson Reuters consensus; sees Q3 revs of $4.39-$4.79 bln vs. $4.36 bln Thomson Reuters consensus.
08:02
JMP JMP Group beats by $0.09, beats on revs (7.43 )
Reports Q2 (Jun) earnings of $0.21 per share, excluding non-recurring items, may not compare to the Thomson Reuters consensus of $0.12; revenues rose 14.1% year/year to $42.8 mln vs the $30.1 mln consensus. June 30, 2010, JMP Group's tangible book value per share was $5.65, compared to $5.68 at March 31, 2010 and $5.35 at June 30, 2009.
08:02
ACXM Acxiom beats by $0.01, reports revs in-line (15.28 )
Reports Q1 (Jun) earnings of $0.12 per share, $0.01 better than the Thomson Reuters consensus of $0.11; revenues rose 5.6% year/year to $270.4 mln vs the $271.2 mln consensus.
08:02
MDCO The Medicines Co beats by $0.06, beats on revs (9.47 )
Reports Q2 (Jun) earnings of $0.29 per share, $0.06 better than the Thomson Reuters consensus of $0.23; revenues rose 5.7% year/year to $110.1 mln vs the $107.7 mln consensus.
08:00
HGRD Health Grades to be acquired by Vestar Capital Partners fo $8.20/share (6.37 ) -Update-
Vestra Capital Partners and HGRD announce a definitive agreement for an affiliate of Vestar to acquire all of the outstanding shares of HealthGrades for $8.20 per share. The aggregate purchase price for the equity of HealthGrades is approximately $294 million (which consists of approximately 35.9 million shares, inclusive of all shares of common stock outstanding, securities convertible into common stock and shares of common stock issuable pursuant to a noncompete agreement with an executive officer). (Stock is halted)
07:58
HES Hess reports Q2 results; beats by $0.02 (53.33 +0.03)
Reports Q2 (Jun) earnings of $1.15 per share, $0.02 better than the Thomson Reuters consensus of $1.13.
07:56
MPEL Melco Crown Entertainment misses by $0.02, reports revs in-line; announces mgmt changes (4.13 )
Reports Q2 (Jun) loss of $0.06 per share, $0.02 worse than the Thomson Reuters consensus of ($0.04); revenues rose 165.8% year/year to $573.6 mln vs the $570.9 mln consensus. Melco Crown Entertainment is also announcing the implementation, effective next month, of a new operating management structure organized along functional as opposed to dedicated property responsibilities, to be led by newly created Co-Chief Operating Officer positions, Ted Chan and Nick Naples. The president of the City of Dreams Greg Hawkins has resigned.
07:38
CMS CMS Energy misses by $0.01, misses on revs (16.57 )
Reports Q2 (Jun) earnings of $0.26 per share, $0.01 worse than the Thomson Reuters consensus of $0.27; revenues rose 9.4% year/year to $1.34 bln vs the $1.44 bln consensus.
07:37
CCE Coca-Cola Ent beats by $0.10, reports revs in-line; guides FY10 EPS above consensus (28.48 )
Reports Q2 (Jun) earnings of $0.79 per share, excluding non-recurring items, $0.10 better than the Thomson Reuters consensus of $0.69; revenues fell 0.4% year/year to $5.88 bln vs the $5.92 bln consensus. Co issues upside guidance for FY10, sees EPS of $1.73-1.77, excluding non-recurring items, vs. $1.72 Thomson Reuters consensus. The co now expects strong free cash flow of ~$900 million and capital expenditures of approximately $1 billion. Interest expense is expected to decline. The effective tax rate for 2010 is expected to be ~26 percent.
07:37
ATI Allegheny Tech misses by $0.01, beats on revs
Reports Q2 (Jun) earnings of $0.36 per share, $0.01 worse than the Thomson Reuters consensus of $0.37; revenues rose 48.2% year/year to $1.05 bln vs the $0.95 bln consensus.
07:36
BA Boeing beats by $0.05, misses on revs; affirms prior FY10 guidance (68.61 )
Reports Q2 (Jun) earnings of $1.06 per share, $0.05 better than the Thomson Reuters consensus of $1.01; revenues fell 9.2% year/year to $15.57 bln vs the $16.13 bln consensus. Co reaffirms prior gudiance for FY10, sees EPS of $3.50-3.80 vs. $3.87 Thomson Reuters consensus; sees FY10 revs of $64-66 bln vs. $65.0 bln Thomson Reuters consensus. Co continues to expect that 2011 revenue will be higher than 2010, primarily driven by projected 787 and 747-8 deliveries.
07:34
D Dominion beats by $0.05, misses on revs; guides Q3 EPS in-line; raises lower end of FY10 EPS guidance range (43.27 )
Reports Q2 (Jun) earnings of $0.72 per share, $0.05 better than the Thomson Reuters consensus of $0.67; revenues fell 2.1% year/year to $3.33 bln vs the $3.47 bln consensus. Co issues in-line guidance for Q3, sees EPS of $0.99-1.04 vs. $1.00 Thomson Reuters consensus. Co raises the lower end of the guidance range for FY10, sees EPS of $3.25-3.40 vs. $3.30 Thomson Reuters consensus; up from $3.20 to $3.40 per share.
07:34
HSP Hospira beats by $0.07, misses on revs; reaffirms FY10 EPS guidance, guides FY10 revs in-line (56.81 )
Reports Q2 (Jun) earnings of $0.86 per share, $0.07 better than the Thomson Reuters consensus of $0.79; revenues rose 1.2% year/year to $968.2 mln vs the $995.7 mln consensus. Co issues mixed guidance for FY10, sees EPS of $3.35-3.45 vs. $3.50 Thomson Reuters consensus; sees FY10 rev grwoth of 3-5% to ~$4.00-4.07 bln vs. $4.04 bln Thomson Reuters consensus.
07:33
SSYS Stratasys misses by $0.03, beats on revs (25.20 )
Reports Q2 (Jun) earnings of $0.12 per share, $0.03 worse than the Thomson Reuters consensus of $0.15; revenues rose 22.4% year/year to $30.1 mln vs the $28.9 mln consensus.
07:32
VPHM ViroPharma beats by $0.02, beats on revs (11.37 )
Reports Q2 (Jun) earnings of $0.34 per share, $0.02 better than the Thomson Reuters consensus of $0.32; revenues rose 33.1% year/year to $109 mln vs the $99 mln consensus. Co reports Cinryze sales of $40 mln vs. $39 mln consensus; reports Vancocin sales of $68.4 mln vs. $60 mln consensus. For the year 2010, ViroPharma expects the following: Net Cinryze sales are expected to be $165 to $175 mln. Research and development and selling, general and administrative expenses, including the impact of stock compensation expense,are expected to be $135 to $145 mln. Stock compensation expenses are expected to be between $10 and $12 mln.
07:32
IACI InterActive beats by $0.04, beats on revs
Reports Q2 (Jun) earnings of $0.24 per share, $0.04 better than the Thomson Reuters consensus of $0.20; revenues rose 18.5% year/year to $402.9 mln vs the $383.2 mln consensus. IAC repurchased 7.1 million shares of common stock between April 27, 2010 and July 23, 2010 at an average price of $22.71 per share or $160.3 million in aggregate.
07:32
SO Southern Co beats by $0.03, beats on revs (36.73 )
Reports Q2 (Jun) earnings of $0.62 per share, $0.03 better than the Thomson Reuters consensus of $0.59; revenues rose 8.2% year/year to $4.21 bln vs the $4.16 bln consensus.
07:32
GD General Dynamics beats by $0.07, misses on revs; guides FY10 EPS above consensus (61.77 )
Reports Q2 (Jun) earnings of $1.68 per share, $0.07 better than the Thomson Reuters consensus of $1.61; revenues were unchanged from the year-ago period at $8.1 bln. Co issues upside guidance for FY10, sees EPS of $6.60-6.65, excluding non-recurring items, vs. $6.59 Thomson Reuters consensus. The co's funded backlog at the end of the quarter was $45.9 billion and total backlog was $62.5 billion.
07:31
TCLP TC Pipelines reports Q2 EPS of $0.59 vs $0.41 Thomson Reuters consensus (41.74 )
07:23
RES RPC Inc beats by $0.13, reports revs in-line (17.38 )
Reports Q2 (Jun) earnings of $0.32 per share, $0.13 better than the Thomson Reuters consensus of $0.19; revenues rose 99.2% year/year to $253 mln vs the $252.1 mln consensus.
07:20
RES RPC Inc raises quarterly divdend 50% to $0.06 (17.38 )
07:17
APL Atlas Pipeline enters definitive agreement to sell Elk City System for $682 mln to Enbridge Energy Partners (EEP) (12.35 )
Co announced it has entered into a definitive agreement to sell its Elk City facilities to Enbridge Energy Partners (EEP) for $682 mln in cash, subject to working capital adjustments. Upon completion of the transaction, co will pay-off its $422 mln secured term loan and repay approximately $250 mln of its revolving credit facility, leaving an anticipated $340 mln of liquidity under this line and an outstanding balance of approximately $40 mln. The transaction is expected to close in the third or fourth quarter of 2010.
07:16
LVS Las Vegas Sands beats by $0.08, reports revs in-line (25.81 )
Reports Q2 (Jun) earnings of $0.17 per share, $0.08 better than the Thomson Reuters consensus of $0.09; revenues rose 50.7% year/year to $1.59 bln vs the $1.59 bln consensus. Total net revenues for Sands China Ltd. increased 40.7% to $1.04 billion in Q2, compared to $738.9 million in 2Q09. Adjusted Property EBITDA for Sands China Ltd. increased 79.4% to $300.7 million in Q2, compared to $167.6 million in 2Q09, bringing 2H10 adj. property EBITDA to $555.2 mln; co in June said the subsidiary could earn as much as $1.0-1.2 bln in adj. prop. EBITDA in FY10. Net income for Sands China Ltd. increased 328.2% to $133.6 million in Q2, compared to $31.2 million in 2Q09.
07:12
BRKR Bruker Corp. beats by $0.03, beats on revs (11.39 )
Reports Q2 (Jun) earnings of $0.15 per share, $0.03 better than the Thomson Reuters consensus of $0.12; revenues rose 19.2% year/year to $300.9 mln vs the $285.9 mln consensus.
07:11
GLW Corning beats by $0.06, beats on revs (18.00 )
Reports Q2 (Jun) earnings of $0.58 per share, $0.06 better than the Thomson Reuters consensus of $0.52; revenues rose 22.7% year/year to $1.71 bln vs the $1.65 bln consensus. Corning recently increased its forecast of 2010 capital expenditures to approximately $1.2 billion. The company expects 2011 capital expenditure levels to be $2 billion or more.
07:09
ROK Rockwell Automation beats by $0.03, beats on revs; raises FY10 EPS guidance (55.96 )
Reports Q3 (Jun) earnings of $0.83 per share, $0.03 better than the Thomson Reuters consensus of $0.80; revenues rose 25.5% year/year to $1.27 bln vs the $1.22 bln consensus. Co raises guidance for FY10, sees EPS of $2.95-3.05, up from $2.60-2.90, vs. $2.91 Thomson Reuters consensus; sees FY10 revs of ~$4.8 bln, from $4.65-4.8 bln, vs. $4.71 bln Thomson Reuters consensus.
07:08
ALTH Allos Therapeutics announces topline results from Phase 2b study of FOLOTYN in Patients with advanced non-small cell lung cancer (5.70 )
The co announces topline results from the Company's randomized Phase 2b investigational trial of FOLOTYN (pralatrexate injection) versus erlotinib in patients with Stage IIIB/IV (advanced) non-small cell lung cancer (NSCLC) who had received one or two prior systemic treatments including at least one prior platinum-based regimen. The primary endpoint of the trial was overall survival. Patients receiving FOLOTYN had a 16 percent reduction in the risk of death compared to erlotinib in the overall patient population (n=201; hazard ratio (HR)=0.84) and a 13 percent reduction in the risk of death in the primary efficacy analysis population (n=166; HR=0.87).
07:08
LAZ Lazard beats by $0.01, beats on revs (30.19 )
Reports Q2 (Jun) earnings of $0.39 per share, $0.01 better than the Thomson Reuters consensus of $0.38; revenues rose 9.9% year/year to $438.4 mln vs the $419.7 mln consensus. Compensation expense ratio was 60.2%(e)for the first half of 2010, compared to 65.9% for the first half of 2009.
07:07
ABD ACCO Brands beats by $0.01, beats on revs; guides FY10 revs in-line (5.82 )
Reports Q2 (Jun) earnings of $0.09 per share, $0.01 better than the Thomson Reuters consensus of $0.08; revenues rose 4.2% year/year to $316.5 mln vs the $311.8 mln consensus. Co issues in-line guidance for FY10, sees FY10 revs of $1.27-1.30 bln vs. $1.3 bln Thomson Reuters consensus.
07:07
PFCB PF Chang's misses by $0.01, reports revs in-line; guides FY10 EPS in-line (43.94 )
Reports Q2 (Jun) earnings of $0.55 per share, $0.01 worse than the Thomson Reuters consensus of $0.56; revenues rose 3.8% year/year to $312.8 mln vs the $312.8 mln consensus. Co issues in-line guidance for FY10, sees EPS of approximately $2.00 vs. $1.99 Thomson Reuters consensus.
07:06
CEVA Ceva beats by $0.02, beats on revs (13.01 )
Reports Q2 (Jun) earnings of $0.12 per share, excluding non-recurring items, $0.02 better than the Thomson Reuters consensus of $0.10; revenues rose 16.5% year/year to $10.6 mln vs the $10.3 mln consensus.
07:06
ODFL Old Dominion beats by $0.12, beats on revs (38.02 )
Reports Q2 (Jun) earnings of $0.58 per share, $0.12 better than the Thomson Reuters consensus of $0.46; revenues rose 16.5% year/year to $368.3 mln vs the $359.2 mln consensus. "Although we are seeing considerable strength in revenue and tonnage thus far in July, our outlook remains somewhat cautious for the second half of 2010. We remain uncertain about the strength and sustainability of the economic recovery as well as the potential impact from regulatory changes affecting, among other issues, healthcare, energy, labor and taxes. We are encouraged, however, by Q2 results and recent operating trends. Comparable-quarter shipments increased 6.9% for Q2, after a 0.1% increase for Q1 and six consecutive quarterly declines preceding the first quarter. In addition, average tonnage per day has improved each month sequentially since December 2009, including July, which historically has declined from June. Based on these trends, we anticipate tonnage to increase in a range of 15% to 20% for Q3 vs Q3 2009. With significant available equipment and service center capacity, we believe Old Dominion is well-positioned to continue to benefit from a strengthening economic environment."
07:06
UTHR United Therapeutics beats by $0.22, misses on revs (51.46 )
Reports Q2 (Jun) earnings of $0.67 per share, which includes non-cash charges, $0.22 better than the Thomson Reuters consensus of $0.45; revenues rose 63.7% year/year to $137.5 mln vs the $140.5 mln consensus.
07:05
CVS CVS Caremark reports EPS in-line, revs in-line; guides FY10 EPS below consensus (30.60 )
Reports Q2 (Jun) earnings of $0.68 per share, excluding $0.03 per diluted share of accruals in our Retail Pharmacy segment for anticipated legal settlements, in-line with the Thomson Reuters consensus of $0.68; revenues fell 3.5% year/year to $24.01 bln vs the $24.13 bln consensus. Co issues downside guidance for FY10, sees EPS of $2.68-2.73 vs. $2.79 Thomson Reuters consensus. The earnings guidance revision results from the reduced retail sales guidance as well as higher-than-expected legal accruals and expenses, and from the initial dilution related to implementation costs for the Aetna contract.
07:04
JNY Jones Apparel beats by $0.11, beats on revs (16.68 )
Reports Q2 (Jun) earnings of $0.45 per share, excluding non-recurring items, $0.11 better than the Thomson Reuters consensus of $0.34; revenues rose 7.0% year/year to $860 mln vs the $832.3 mln consensus. "Results in Better Apparel and Footwear and Accessories were particularly notable, reflective of sound execution and aggressive inventory management, as well as strong sell-throughs. Jeanswear also continued to perform well and our vertical retail operations results improved, as we remain on track with our retail improvement plan."
07:04
On the Wires
Northeast Bancorp (NBN) announced that the shareholders of Northeast approved the merger of FHB Formation with and into Northeast...WuXi PharmaTech (WX) announced that RiskMetrics Group's ISS Proxy Advisory Services has recommended that WuXi shareholders vote for Charles River's (CRL) proposed acquisition of WuXi...The Unique Identification Authority of India has awarded a contract to Accenture (ACN) to implement the core biometric identification system in support of the "Aadhaar" program...Callaway Golf Company (ELY) today announced a restructuring of its global operations to occur over the next 18 months. TeleCommunication Systems (TSYS) announced that it has received an additional $1 mln in funding from the U.S. Army for support equipment and maintenance of Secret Internet Protocol Router and Non-secure Internet Protocol Router Access Point Very Small Aperture Terminal Satellite Systems.
07:03
WAT Waters beats by $0.03, reports revs in-line (62.74 )
Reports Q2 (Jun) earnings of $0.93 per share, $0.03 better than the Thomson Reuters consensus of $0.90; revenues rose 7.8% year/year to $391.1 mln vs the $389.5 mln consensus.
07:03
S Sprint Nextel beats by $0.05, reports revs in-line (4.83 )
Reports Q2 (Jun) loss of $0.15 per share, excluding non-recurring items, $0.05 better than the Thomson Reuters consensus of ($0.20); revenues fell 1.4% year/year to $8.03 bln vs the $8.03 bln consensus.
07:02
CMCSA Comcast beats by $0.01, beats on revs (19.33 )
Reports Q2 (Jun) earnings of $0.33 per share, excluding NBC Universal transaction costs of $0.02, $0.01 better than the Thomson Reuters consensus of $0.32; revenues rose 6.1% year/year to $9.53 bln vs the $9.29 bln consensus.
07:02
IP Intl Paper beats by $0.01, misses on revs (25.49 )
Reports Q2 (Jun) earnings of $0.42 per share, excluding non-recurring items, $0.01 better than the Thomson Reuters consensus of $0.41; revenues rose 5.4% year/year to $6.12 bln vs the $6.19 bln consensus. "Operating rates are strong, inventories are low, and input costs are moderating. All of these factors position us well for a stronger third quarter."
07:01
WDR Waddell & Reed misses by $0.01, beats on revs (24.79 )
Reports Q2 (Jun) earnings of $0.40 per share, $0.01 worse than the Thomson Reuters consensus of $0.41; revenues rose 28.9% year/year to $257.3 mln vs the $250.9 mln consensus.
07:00
TCK Teck Resources Earnings Correction; misses by CAD 0.05 on an adjusted basis (34.68 )
Last night we reported TCK missed by $0.19, the report was in Candian Dollars. The co actually reported adjusted EPS of CAD 0.55 which compares to the CAD 0.60 consensus; revenues rose 23.6% year/year to $2.11 bln vs. the $1.98 bln consensus... The previous comment has been removed.
07:00
EEQ Enbridge Management to acquire $682 million natural gas gathering and processing system in Texas Panhandle, Southwestern Oklahoma (56.01 )
The acquisition is expected to close by late 3rd quarter or in 4th quarter 2010, and will be accretive to earnings upon integration with the Partnership's Anadarko system.
06:55
MWV MeadWestvaco beats by $0.02, misses on revs (24.76 )
Reports Q2 (Jun) earnings of $0.35 per share, $0.02 better than the Thomson Reuters consensus of $0.33; revenues rose 8.4% year/year to $1.55 bln vs the $1.57 bln consensus. "Visibility in the second half of the year remains limited...The degree of the expected improvement will depend on further macroeconomic developments that are unpredictable at this time."
06:53
VRUS Pharmasset initiates phase 1b multiple ascending dose clinical trial of PSI-938 in Patients with Chronic Hepatitis C (26.56 )
Co announced that safety and pharmacokinetic data from the PSI-352938 ("PSI-938") single ascending dose study support progression to a multiple ascending dose trial with PSI-938, which has initiated dosing. PSI-938 is a guanine nucleotide analog polymerase inhibitor for the treatment of chronic hepatitis C virus (HCV) infection. This study is designed to assess the safety, tolerability and antiviral activity of PSI-938 monotherapy administered over 7 days in HCV-infected individuals.
06:50
USAP Universal Stainless/Alloy beats by $0.34, beats on revs (21.46 )
Reports Q2 (Jun) earnings of $0.61 per share, $0.34 better than the Thomson Reuters consensus of $0.27; revenues rose 66.7% year/year to $51.3 mln vs the $39.8 mln consensus. Backlog was $46 mln at the end of Q2 vs $53 mln at the end of Q1.
06:45
OMAB Grupo Aeroportuario reports Q2 EPS of $0.13 vs $0.20 Thomson Reuters consensus (13.46 )
06:36
T AT&T to be placed on Standard & Poor's rating services watch list (26.15 )
Co announces it has been informed by Standard & Poor's Rating Services that it has decided to place the company on credit watch (negative). Standard & Poor's has not informed the company when this notice will be issued. Standard & Poor's current credit rating for the company is "A" (negative outlook).
06:35
WBC WABCO Holdings beats by $0.11, beats on revs; guides FY10 EPS above consensus; raises sales in constant currency and op. margin guidance (38.09 )
Reports Q2 (Jun) earnings of $0.63 per share, excluding non-recurring items, $0.11 better than the Thomson Reuters consensus of $0.52; revenues rose 62.0% year/year to $512 mln vs the $494.5 mln consensus. Co raises guidance for FY10, sees EPS of $1.95-2.20, excluding non-recurring items, vs. $1.95 Thomson Reuters consensus, up from $1.75-2.05. WABCO now expects an estimated increase in 2010 sales of 35 to 40 percent in local currencies, up from 30 to 35 percent in its previous guidance. WABCO has also raised its FY10 guidance for performance operating margin to range from 8.5 to 9.5 percent, up from its previous guidance of 8 to 9 percent. WABCO reiterates that it expects to convert between 80-90 percent of its net income into free cash flow, excluding the European Commission fine indemnification as well as streamlining and separation related payments.
06:35
GLBL Global Industries awarded $40 mln pipeline project in Pemex's Bay of Campeche Ku-Maloob-Zaap Field (4.74 )
06:34
CVS CVS Caremark: Aetna awards long-term contract to CVS Caremark to provide PBM Services (30.60 )
Aetna (AET) and CVS Caremark (CVS) announced they have entered into a 12-year contract to provide Pharmacy Benefit Management services that will further enhance value and service for Aetna's customers and members. Aetna will retain its PBM and manage clinical programs, protocols and oversight of its pharmacy benefits business. CVS Caremark will serve approx 9.7 mln Aetna PBM members and administer approx $9.5 bln in annual drug spend as it applies its unique, integrated pharmacy care delivery model to the administration of Aetna's retail pharmacy network and management of pharmacy customer and member service functions. In addition, CVS Caremark will manage purchasing, inventory management and prescription fulfillment for Aetna's mail-order and specialty pharmacy operations. Through this strategic agreement, Aetna will retain its position as a premier provider of PBM services while delivering enhanced service capabilities, innovative product offerings and greater value to its customers and members.
06:32
AYR Aircastle announces pricing of private placement of $300 mln aggregate principal amount of senior unsecured notes due 2018 (9.13 )
Co announces the pricing of $300 mln aggregate principal amount of 9.75% senior unsecured notes due 2018. The notes will be issued at 98.645% of par.
06:31
MKTX Marketaxess beats by $0.01, beats on revs (12.39 )
Reports Q2 (Jun) earnings of $0.18 per share, $0.01 better than the Thomson Reuters consensus of $0.17; revenues rose 36.8% year/year to $35.3 mln vs the $34.6 mln consensus.
06:30
TXI Texas Industries prices $650 mln of senior notes (34.20 )
Co announces that it has priced an offering of $650 mln aggregate principal amount of its 9 1/4% senior notes due 2020 at an offer price of 100%. The size of the offering was increased from the previously announced $600 million to $650 million.
06:29
PC Panasonic introduces world's first 3D consumer camcorder (13.24 )
Co unveiled the world's first 3D camcorder for consumers. The HDC-SDT750 camcorder allows anyone to create 3D images by simply attaching a 3D conversion lens that comes with the camcorder. The camcorder will go on sale in Japan on August 20, to be followed in other countries in autumn of this year.
06:27
AEZ American Oil & Gas: Hess Corporation to acquire American Oil & Gas (6.69 )
Hess Corporation (HES) and American Oil & Gas Inc. (AEZ) jointly announced that Hess has agreed to acquire American Oil & Gas pursuant to a merger agreement approved by the Boards of Directors of both companies in an all-stock transaction... Under terms of the agreement, Hess has agreed to issue 0.1373 shares of its common stock in exchange for each outstanding share of American Oil & Gas' common stock. It is expected that Hess would issue approximately 8.6 million shares for all outstanding American Oil & Gas shares and options on a net settlement basis. The merger agreement provides for a possible cash dividend to American Oil & Gas' stockholders to the extent of American Oil & Gas' positive working capital as of the closing date (subject to certain adjustments that are described in the merger agreement) and subject to available cash. Hess has committed (subject to the terms and conditions of a customary commitment letter) to provide American Oil & Gas with a $30 million working capital credit facility to help finance American Oil & Gas' planned exploration and production activities and other working capital needs prior to the closing of the transaction.
06:27
JLL Jones Lang LaSalle beats by $0.25, beats on revs (74.67 )
Reports Q2 (Jun) earnings of $0.83 per share, excluding non-recurring items, $0.25 better than the Thomson Reuters consensus of $0.58; revenues rose 18.1% year/year to $680.3 mln vs the $653.3 mln consensus.
06:27
ADBE Adobe Systems to acquire Day Software (29.22 )
The co and Day Software announced the two companies have entered into a definitive agreement for Adobe to launch a public tender offer to acquire all of the publicly held registered shares of Day Software for CHF139 per share in cash in a transaction valued at approx CHF255 million on a fully diluted equity-value basis. This approximates $240 mln at the current exchange rate. Adobe's acquisition of Day will strengthen the company's enterprise software solutions with market leading Web Content Management, Digital Asset Management and Social Collaboration offerings. Adobe expects the acquisition will have no material impact on Adobe's non-GAAP earnings for fiscal year 2010 and that it will be accretive to non-GAAP earnings for fiscal year 2011.
06:26
AET Aetna beats by $0.31, reports revs in-line; raises FY10 EPS above consensus (28.36 )
Reports Q2 (Jun) earnings of $1.05 per share, excluding non-recurring items, $0.31 better than the Thomson Reuters consensus of $0.74; revenues fell 1.4% year/year to $8.55 bln vs the $8.49 bln consensus. The increase was largely the result of a higher Commercial underwriting margin from favorable prior-period reserve development and improved underlying performance, partially offset by lower Commercial Insured membership. Co raises guidance for FY10, sees EPS of $3.05-3.15, excluding non-recurring items, vs. $2.99 Thomson Reuters consensus, up from $2.75-2.85 previously.
06:25
INVE Identive Group receives $4 mln in orders for systems capable of using PIV cards for access control (1.58 )
Hirsch Electronics, a manufacturer of integrated security and identity management solutions and a business unit of Identive Group, confirmed the award of $4 mln in orders to supply U.S. Department of Justice agencies with Hirsch security systems. The majority of the revenue associated with the orders was recognized within the second quarter ended June 30, 2010.
06:24
EEFT Euronet misses by $0.01, misses on revs; guides Q4 EPS above consensus (15.93 )
Reports Q2 (Jun) earnings of $0.30 per share, $0.01 worse than the Thomson Reuters consensus of $0.31; revenues fell 1.8% year/year to $244.2 mln vs the $255.8 mln consensus. Co issues upside guidance for Q4, sees EPS of $0.33 vs. $0.32 Thomson Reuters consensus.
06:21
REGN Regeneron Pharms: Astellas to pay $295 mln to extend license of Regeneron's VelocImmune antibody technology through 2023 (24.61 )
The co and Astellas Pharma announced that Astellas has extended through 2023 the non-exclusive license agreement that allows Astellas to utilize Regeneron's VelocImmune technology in its internal research programs to discover fully human monoclonal antibody product candidates. Astellas will pay $165 mln upfront and another $130 mln in June 2018 unless it terminates the agreement prior to that date. Upon commercialization of any antibody products discovered utilizing VelocImmune, Astellas will pay a mid-single-digit royalty on product sales. In March 2007, Astellas and Regeneron entered into a six-year VelocImmune license agreement pursuant to which Astellas made license payments of $20 million per year in 2007 through 2010. This amendment supersedes the original agreement and as such, Astellas will no longer make annual license payments in 2011 and 2012.
06:21
BHI Baker Hughes promotes Martin Craighead to President and Chief Operating Officer (48.89 )
06:20
NSTC Ness Tech signs $12 mln Dispatching System for distribution network management at CEZ (4.77 ) -Update-
06:18
PX Praxair announces the Board has authorized a new share repurchase program for up to $1.5 bln of its common stock, the current $1-bln program in effect since July 2008 has been substantially completed. (85.83 ) -Update-
06:15
CFX Colfax beats by $0.02, beats on revs; guides FY10 EPS in-line (11.66 )
Reports Q2 (Aug) earnings of $0.18 per share, excluding non-recurring items, $0.02 better than the Thomson Reuters consensus of $0.16; revenues fell 4.8% year/year to $123 mln vs the $121.7 mln consensus. Co issues in-line guidance for FY10, sees EPS of $0.70-0.77 vs. $0.74 Thomson Reuters consensus; sees revs down 2-5% vs prior guidance of down 5-9%.
06:14
EROC Eagle Rock Energy exercises option to acquire its General Partner (5.69 )
Co announces that it has delivered notice to Eagle Rock Holdings of its exercise of its previously-announced option to acquire its general partner entities, pursuant to the Amended and Restated Securities Purchase and Global Transaction Agreement and the Recapitalization and Related Transactions thereunder. As consideration for the GP Acquisition, Eagle Rock will issue 1,000,000 common units to ERH and cancel the 844,551 general partner units outstanding. Management expects that the closing of the GP Acquisition will occur on or about Friday, July 30, 2010.
06:12
NEM Newmont Mining misses by $0.07, misses on revs; raises quarterly dividend by 50% to $0.15 (55.78 )
Reports Q2 (Jun) earnings of $0.77 per share, $0.07 worse than the Thomson Reuters consensus of $0.84; revenues rose 34.4% year/year to $2.15 bln vs the $2.2 bln consensus. The co anticipates improving operating costs during the remainder of the year, with higher ore grades and lower stripping at Batu Hijau, as well as higher processing plant availability now that regularly scheduled second quarter mill maintenance at a key processing facility in Nevada is complete. Board of Directors approved a 50% increase in the co's regular quarterly dividend from $0.10 per share of common stock to $0.15 per share of common stock.
06:12
PX Praxair beats by $0.05, beats on revs; guides Q3 EPS in-line; guides FY10 EPS above consensus (85.83 )
Reports Q2 (Jun) earnings of $1.19 per share, $0.05 better than the Thomson Reuters consensus of $1.14; revenues rose 18.2% year/year to $2.53 bln vs the $2.46 bln consensus. Co issues in-line guidance for Q3, sees EPS of $1.15-1.20 vs. $1.19 Thomson Reuters consensus. Co issues raises guidance for FY10, sees EPS of $4.60-4.70 vs. $4.59 Thomson Reuters consensus.
06:11
BRY Berry Petroleum beats by $0.08, misses on revs (30.24 )
Reports Q2 (Jun) earnings of $0.42 per share, excluding non-recurring items, $0.08 better than the Thomson Reuters consensus of $0.34; revenues rose 2.5% year/year to $151.5 mln vs the $165 mln consensus.
06:10
CEG Constellation Energy misses by $0.04, misses on revs; guides FY10 EPS in-line; reaffirms FY11 EPS guidance (34.91 )
Reports Q2 (Jun) earnings of $0.71 per share, $0.04 worse than the Thomson Reuters consensus of $0.75; revenues fell 14.4% year/year to $3.31 bln vs the $4.16 bln consensus. Co issues in-line guidance for FY10, sees EPS of $3.05-3.45 vs. $3.32 Thomson Reuters consensus. Co reaffirms guidance for FY11, sees EPS of $3.25-3.65 vs. $3.43 Thomson Reuters consensus.
06:10
SPNC Spectranetics beats by $0.01, reports revs in-line (5.21 )
Reports Q2 (Jun) net of breakeven, excluding non-recurring items, $0.01 better than the Thomson Reuters consensus of ($0.01); revenues rose 3.4% year/year to $30 mln vs the $30.3 mln consensus.
06:09
WLP WellPoint beats by $0.12, misses on revs; raises FY10 EPS in-line, lowers revs (52.80 )
Reports Q2 (Jun) earnings of $1.67 per share, $0.12 better than the Thomson Reuters consensus of $1.55; revenues fell 6.8% year/year to $14.22 bln vs the $14.61 bln consensus. Co issues guidance for FY10, sees EPS of at least $6.25, excluding non-recurring items, vs. $5.99 previously and the $6.26 Thomson Reuters consensus; sees FY10 revs of ~$58 bln vs. $58.63 bln Thomson Reuters consensus, down from $58.5 bln.
06:07
NSTC Ness Tech beats by $0.01, beats on revs (4.77 )
Reports Q2 (Jun) earnings of $0.10 per share, excluding non-recurring items, $0.01 better than the Thomson Reuters consensus of $0.09; revenues rose 10.1% year/year to $139.7 mln vs the $137.2 mln consensus.
06:05
WYN Wyndham Worldwide beats by $0.11, beats on revs; guides Q3 EPS above consensus; raises FY10 EPS above consensus, raises revs in-line; increases buyback authorization (23.27 )
Reports Q2 (Jun) earnings of $0.51 per share, $0.11 better than the Thomson Reuters consensus of $0.40; revenues rose 4.7% year/year to $963 mln vs the $940.2 mln consensus. The increase in net income from 2009 primarily reflected the year-over-year improvement in the Exchange and Rentals business, a lower effective tax rate and the favorable net effect of foreign currency. The Co's Board of Directors has increased the authorization for the stock repurchase program by $300 mln. As of July 27, 2010, $91 million remained unused under the previous $200 million authorization. Co issues upside guidance for Q3, sees EPS of $0.60-0.64, excluding non-recurring items, vs. $0.58 Thomson Reuters consensus. Co raises guidance for FY10, sees EPS of $1.78-1.88, excluding non-recurring items, vs. $1.68 Thomson Reuters consensus, up from $1.56-1.71; sees FY10 revs of $3.7-4.0 bln vs. $3.77 bln Thomson Reuters consensus, up from $3.6-3.9 bln.
06:04
AUDC Audiocodes beats by $0.01, beats on revs (2.61 )
Reports Q2 (Jun) earnings of $0.07 per share, excluding non-recurring items, $0.01 better than the Thomson Reuters consensus of $0.06; revenues rose 4.9% year/year to $36.5 mln vs the $35.6 mln consensus.
06:02
ALVR Alvarion misses by $0.06, misses on revs (2.36 )
Reports Q2 (Jun) loss of $0.11 per share, excluding non-recurring items, $0.06 worse than the Thomson Reuters consensus of ($0.05); revenues fell 16.6% year/year to $49 mln vs the $49.5 mln consensus.
18:54
UGI UGI Corp misses by $0.04, misses on revs; guides FY10 EPS in-line (28.54 +0.23)
Reports Q3 (Jun) earnings of $0.03 per share, $0.04 worse than the Thomson Reuters consensus of $0.07; revenues were unchanged from the year-ago period at $961.9 mln. Co reaffirms in-line guidance for FY10, sees EPS of $2.20-2.30, excluding non-recurring items, vs. $2.30 Thomson Reuters consensus.
18:52
APU AmeriGas Partners misses by $0.03, beats on revs (44.63 -0.05)
Reports Q3 (Jun) loss of $0.23 per share, $0.03 worse than the Thomson Reuters consensus of ($0.20); revenues rose 6.4% year/year to $396.6 mln vs the $378.5 mln consensus For the full year, APU continues to forecast Adjusted EBITDA (which excludes the impact of a previously reported $12.2 million loss related to the termination of interest rate hedges) for the fiscal year ending September 30, 2010 to be in the range of $335-345 mln.
18:41
MEE Massey Energy misses by $0.33, reports revs in-line (29.65 -2.08)
Reports Q2 (Jun) loss of $0.02 per share, excluding UBB related charges, $0.33 worse than the Thomson Reuters consensus of $0.31; revenues rose 16.1% year/year to $810 mln vs the $805.4 mln consensus. MEE expects full year 2010 produced coal shipments to be in the range of 39.0 to 40.5 mln tons, with average produced coal realization now between $71.00 and $73.00 per ton. Average cash cost per ton for the full year 2010 is expected to be in the range of $56.00 to $60.00, excluding charges related to the Upper Big Branch mine tragedy. Other income is expected to be between $80 and $120 mln. Capital expenditures for 2010 are expected to be in the range of $350 to $380 mln. The cash cost guidance for 2010 and 2011 excludes anticipated ongoing expenses related to the UBB investigation.
18:35
MDT Medtronic's AMPLIFY rhBMP-2 matrix receives positive votes from FDA advisory panel on all three key questions: safety, effectiveness and benefit/risk (37.39 +0.41)
Co announced the U.S. Food and Drug Administration (FDA) Orthopaedic and Rehabilitation Devices Panel voted 9 for and 4 against (1 abstention) on safety and 10 for and 3 against (1 abstention) on effectiveness, that data including results from a large, prospective randomized clinical trial demonstrated the safety and effectiveness of AMPLIFY(TM) rhBMP-2 Matrix for fusions of the lower spine in patients with degenerative disc disease. The benefits of this new bone graft option, which is specifically designed for single-level, posterolateral spinal fusion procedures, were also found by a majority of those voting to outweigh any risks associated with this product by a vote of 6 for and 5 against (3 abstention).
18:35
TTT Terra Nova Royalty announce that it is proceeding with a rights offering to holders of common shares of the Co to raise proceeds of up to ~USD$50 mln (8.52 -0.27)
18:35
BAS Basic Energy Services beats by $0.10, beats on revs (8.68 -0.31)
Reports Q2 (Jun) loss of $0.31 per share, excluding gains, $0.10 better than the Thomson Reuters consensus of ($0.41); revenues rose 47.4% year/year to $175.1 mln vs the $160.1 mln consensus.
18:32
PVR Penn Virginia misses by $0.13 (23.65 -0.36)
Reports Q2 (Jun) adjusted earnings of $0.15 per share, $0.13 worse than the First Call consensus of $0.28; revenues rose 26.8% year/year to $189.4 mln vs the $204.2 mln consensus. Co sees 2010 coal royalty tons of $32.5-33.5.
18:19
QEP QEP Resources reports Q2 EPS of $0.39 vs. $0.26 in the Q2 last year; revs grew 19.6% to $529.6 mln (30.16 +0.58)
17:54
WTSLA The Wet Seal announces decision of CEO Edmond Thomas not to renew his employment contract in October 2010; commences CEO search (3.54 -0.01)
Co announced that Edmond S. Thomas, its President, Chief Executive Officer and Director, has informed the Board of Directors of his decision to step down from these positions on October 8, 2010, the scheduled expiration date of his employment agreement. In the event that the Company has not identified a suitable successor by such date, Mr. Thomas has indicated his willingness to serve in a transitional role until such person is found. The Company will engage the services of an executive recruiting firm to assist in a search for Mr. Thomas's successor.
17:49
MGM MGM Resorts International announces sale of Atlantic City land leased to Borgata to Vornado Realty Trust and Geyser Holdings (11.15 +0.19)
Co announced that it has recently reached an agreement to sell four long-term ground leases and their respective underlying real property parcels at The Borgata Hotel Casino & Spa in Atlantic City, New Jersey to Vornado Realty Trust and Geyser Holdings for ~$73 mln. The underlying real property parcels subject to the transaction are comprised of ~11.3 acres.
17:44
NGSX NeurogesX progresses on coverage for Qutenza (56.52 -0.64)
Co announced important progress in the implementation of its reimbursement strategy for Qutenza (capsaicin) 8% patch. Qutenza is currently available in the United States for the management of neuropathic pain associated with postherpetic neuralgia.
17:41
BXP Boston Prpts beats by $0.13, beats on revs; guides Q3 FFO in-line; guides FY10 FFO above consensus (81.63 -0.12)
Reports Q2 (Jun) funds from operations of $1.13 per share, $0.13 better than the Thomson Reuters consensus of $1.00; revenues rose 1.7% year/year to $396 mln vs the $367.2 mln consensus. Co issues in-line guidance for Q3, sees FFO of $1.01-1.03 vs. $1.02 Thomson Reuters consensus. Co issues upside guidance for FY10, sees FFO of $4.24-4.29 vs. $4.12 Thomson Reuters consensus.
17:31
GVA Granite Construction awarded $29 mln roadway project in New Mexico (24.25 -0.50)
Co announced that Granite Construction Company has been awarded a $29 mln roadway pavement rehabilitation and reconstruction contract by the United States Department of the Interior Bureau of Indian Affairs. The project is located on the Navajo Nation reservation in New Mexico and funded by the American Recovery and Reinvestment Act. Granite will book the project into backlog during the third quarter of 2010.
17:19
NLC Nalco beats by $0.07, beats on revs; guides FY10 EPS in-line (24.77 -0.21)
Reports Q2 (Jun) earnings of $0.41 per share, $0.07 better than the Thomson Reuters consensus of $0.34; revenues rose 19.1% year/year to $1.09 bln vs the $0.99 bln consensus. Co issues in-line guidance for FY10, sees EPS of to exceed $1.40 vs. $1.43 Thomson Reuters consensus. Including July dispersant sales of $15 million that the co expects will conclude its support of the Gulf crisis response, organic revenues are expected to increase at a high single digit rate for the year. With organic sales up 11 percent on this basis through six months, this means second-half sales are expected to be up mid-single-digits organically.
17:14
MTW Manitowoc beats by $0.06, reports revs in-line (10.53 -0.37)
Reports Q2 (Jun) earnings of $0.12 per share, excluding non-recurring items, $0.06 better than the Thomson Reuters consensus of $0.06; revenues fell 15.3% year/year to $876.5 mln vs the $869.8 mln consensus. For 2010, the co expects: Foodservice segment revenues to improve modestly over 2009 results; 2010 Foodservice segment operating margins should exceed those of 2009; YoY declines in Crane segment revenues to be significantly lower than the decline experienced in 2009; Crane segment revenues in the second half of 2010 to be higher than the second half of 2009; and 2010 Crane segment operating margins to be above the 3.5% trough margins that were experienced in 2003.
17:08
CPD Caraco Pharma Announces G.P. Singh Sachdeva is appointed as Chief Operating Officer (5.97 +0.55)
17:07
Futures are mixed after hours with S&P 500 futures 0.23 points above fair value of 1110.57 and Nasdaq 100 futures 1.26 points below fair value of 1887.51
17:07
CBG CB Richard Ellis beats by $0.09, beats on revs (15.41 -0.16)
Reports Q2 (Jun) earnings of $0.18 per share, $0.09 better than the Thomson Reuters consensus of $0.09; revenues rose 22.6% year/year to $1.17 bln vs the $1.1 bln consensus.
17:07
HGR Hanger Orthopedic beats by $0.01, misses on revs; guides FY10 EPS in-line, revs in-line (18.02 -0.21)
Reports Q2 (Jun) earnings of $0.37 per share, $0.01 better than the Thomson Reuters consensus of $0.36; revenues rose 6.4% year/year to $205.8 mln vs the $208.3 mln consensus. Co issues in-line guidance for FY10, sees EPS of $1.27-$1.29 vs. $1.28 Thomson Reuters consensus; sees FY10 revs of $815-$825 mln vs. $817.38 mln Thomson Reuters consensus.
17:05
SEE Sealed Air beats by $0.01, reports revs in-line; guides FY10 EPS in-line; also increases cash dividend 8% (22.96 +0.10)
Reports Q2 (Jun) earnings of $0.38 per share, $0.01 better than the Thomson Reuters consensus of $0.37; revenues rose 6.0% year/year to $1.09 bln vs the $1.09 bln consensus. Co issues in-line guidance for FY10, sees EPS of $1.50-1.70 vs. $1.62 Thomson Reuters consensus.
17:04
CDY Cardero Resource grants incentive stock options (1.13 +0.02)
Co has granted incentive stock options to certain directors, officers, employees and consultants allowing them to purchase up to an aggregate of 2 mln common shares in the capital stock of the co. The options are exercisable at a price of CAD 1.16 for a period of two years ending July 27, 2012.
17:01
DPM DCP Midstream declares increase in quarterly distribution from $0.60 to $0.61 (35.34 -0.56)
16:52
MMP Magellan Midstream announces long-term pipeline throughput agreement, $65 mln expansion of Texas storage capacity (48.67 -1.21)
Co announced today that it has negotiated a long-term customer contract to transport refined petroleum products on its Houston-to-El Paso pipeline, formerly known as the Longhorn pipeline. Through a volume incentive tariff, the third-party shipper will transport at least 20,000 barrels per day of refined petroleum products under a 12.5-year take-or-pay agreement to El Paso, Texas beginning in late third quarter or early fourth quarter 2010. The product subsequently will be delivered to Juarez, Mexico via a newly-constructed third-party pipeline that connects to co's El Paso, Texas terminal. Co plans to build an additional 1.5 million barrels of refined petroleum products storage at its Galena Park, Texas marine terminal supported by long-term customer contracts. Of this new storage, 0.8 million barrels will be jointly owned with a third party. Co also will make improvements to increase the capacity at its existing terminal docks. The storage and dock construction projects are expected to be operational beginning late 2012, with co's portion of the cost expected to be approximately $65 million.
16:49
EWBC East West Banc beats by $0.03; guides Q3 EPS in-line (17.71 -0.06)
Reports Q2 (Jun) earnings of $0.21 per share, $0.03 better than the Thomson Reuters consensus of $0.18. Co issues in-line guidance for Q3, sees EPS of $0.19-0.22 vs. $0.22 Thomson Reuters consensus; guidance assumes provisions of $35-40 mln, with NIM 3.98-4.02%, among other parameters. Net charge-offs declined to $55.2 mln, a decrease of $8.7 mln or 14% from the prior quarter and a decrease of $78.7 mln or 59% from the second quarter of 2009. Nonperforming assets remain low at $195.6 mln, or 0.98% of total assets, a decline of 51 basis points from June 30, 2009. "The integration of WFIB is progressing smoothly and we are on target for full integration of all systems by the end of October 2010."
16:48
CHP C&D Tech continued listing plan accepted by New York Stock Exchange (0.87 )
16:48
TRMK Trustmark beats by $0.06 (21.07 +0.00)
Reports Q2 (Jun) earnings of $0.41 per share, $0.06 better than the Thomson Reuters consensus of $0.35. During the second quarter, nonperforming loans decreased $5.6 million relative to the prior quarter to total $159.9 million, or 2.55% of total loans. Co reports tangible common equity to tangible assets increased to 9.32%, total risk-based capital increased to 15.53%, significantly exceeding "well-capitalized" standards.
16:44
EEP Enbridge Energy provides update on Michigan leak clean-up (57.60 -1.89)
"Crews worked through the night on containment, including the use of booms, oil skimmers and vacuum trucks. Additional crews and equipment will be onsite early Tuesday to assist with oil containment. We had approximately 50 people working through the night and we expect over 100 workers on-site during the day," said Stephen Wuori, Executive Vice-President, Liquids Pipelines.
16:43
DJSP DJSP Enterprises reports increase in file volumes following completion of servicer technology conversion; co is indefinitely suspending providing financial guidance, and is withdrawing its previously disclosed guidance for 2010 (4.78 +0.04)
Co announced that file volumes have increased incrementally following completion of the technology conversion at one of the nation's largest loan servicers that interrupted referral volumes during the second quarter. The Company's overall new foreclosure file volumes, however, have not returned to first quarter levels. Foreclosure file volumes for July 2010 are expected to be up approximately 25% from June 2010 but below average monthly file volumes for the first quarter of 2010. Due to ongoing unpredictability and market-driven declines caused by government sponsored programs aimed at helping borrowers avoid foreclosure, the Company is indefinitely suspending providing financial guidance, and is withdrawing its previously disclosed guidance for 2010 (~$1.29-1.36 in adjusted EPS).
16:42
XEC Cimarex announces second-quarter production volumes and provides operations update (73.68 -2.40)
Co announced second-quarter production volumes averaged 594.4 mln cubic feet equivalent per day. Average daily equivalent production was comprised of 371.4 mln cubic feet of gas, 10,792 barrels of natural gas liquids and 26,381 barrels of oil. Second-quarter 2010 production grew 31% from the second-quarter 2009 average of 453.9 MMcfe/d. Production increases reflect solid drilling results in the southeast Texas Gulf Coast and western Oklahoma Cana-Woodford shale programs. Second-quarter 2010 realized prices are expected to be in the range of $4.40 to $4.60 per thousand cubic feet of gas, $33.20 to $33.70 per barrel of natural gas liquids and $75.00 to $75.50 per barrel of oil. Co drilled and completed 49 gross (24.2 net) Mid-Continent wells during the first six months of 2010, completing 100% as producers. At quarter-end, 17 gross (6.7 net) wells were in the process of being completed or were awaiting completion. Second-quarter 2010 Mid-Continent production averaged 248.4 MMcfe/d versus a second-quarter 2009 average of 220.8 MMcfe/d.
16:40
CTBI Community Trust Bancorp increases its cash dividend 1.67% to $0.305 (27.38 -0.12)
16:36
VOLC Volcano will strongly defend against St. Jude (STJ) Lawsuit (22.49 -0.81)
Co stated that it will vigorously defend against the patent infringement lawsuit filed against it by St. Jude Medical (STJ) in federal district court in Delaware. Co believes that the claims against it are entirely without merit, and looks forward to vindicating its rights in court.
16:34
TCO Taubman Centers beats by $0.02, beats on revs; raises lower end of FY10 FFO in-line (41.68 +0.19)
Reports Q2 (Jun) funds from operations of $0.61 per share, $0.02 better than the Thomson Reuters consensus of $0.59; revenues fell 3.0% year/year to $154.1 mln vs the $147.4 mln consensus. Co issues in-line guidance for FY10, sees FFO of $2.65-2.75 vs. $2.66 Thomson Reuters consensus, up from $2.55-2.75 previously.
16:34
WPZ Williams Partners increases per-unit cash distribution by 2% to $0.6725 (46.42 -0.66)
16:32
NSC Norfolk Southern increases stock repurchase program up to additional 50 mln shares (56.52 -0.64)
Co announced that its board of directors has authorized the repurchase of up to an additional 50 mln shares of its common stock through Dec. 31, 2014. In combination with the previous share repurchase program that expires on Dec. 31, 2010, the total number of shares that may be repurchased has increased from 75 mln to 125 mln.
16:30
JNPR Juniper Networks to acquire SMobile for $70 mln in cash (28.08 -0.77)
16:29
PPDI PPD Inc. beats by $0.01, beats on revs
Reports Q2 (Jun) earnings of $0.19 per share, excluding non-recurring items, $0.01 better than the Thomson Reuters consensus of $0.18; revenues rose 4.3% year/year to $369.9 mln vs the $333.9 mln consensus.
16:29
CMP Compass Minerals Intl misses by $0.08, beats on revs (75.22 -2.29)
Reports Q2 (Jun) earnings of $0.34 per share, excluding non-recurring items, $0.08 worse than the Thomson Reuters consensus of $0.42; revenues rose 12.2% year/year to $179 mln vs the $166.6 mln consensus.
16:28
EK Eastman Kodak signs retail printing contract with Carrefour; terms not disclosed (4.93 -0.13)
16:27
IGT Intl Game Tech reports EPS in-line, misses on revs (16.70 -0.04)
Reports Q3 (Jun) earnings of $0.21 per share, excluding non-recurring items, in-line with the Thomson Reuters consensus of $0.21; revenues fell 5.3% year/year to $489.7 mln vs the $502.4 mln consensus.
16:25
BGS B&G Foods reports EPS in-line, misses on revs (11.25 +0.23)
Reports Q2 (Jun) earnings of $0.19 per share, in-line with the Thomson Reuters consensus of $0.19; revenues fell 1.4% year/year to $121.1 mln vs the $128.7 mln consensus. The Company now expects EBITDA for fiscal 2010 to be approximately $109.0 to $112.0 million instead of the previously anticipated $108.0 to $111.0 million. B&G Foods continues to expect to make capital expenditures of approximately $11.0 million in the aggregate during fiscal 2010.
16:24
CEPH Cephalon beats by $0.43, beats on revs; guides Q3 and FY10 EPS above consensus; guides Q3 and FY10 revs below consensus (62.90 +2.07)
Reports Q2 (Jun) earnings of $2.20 per share, excluding non-recurring items, $0.43 better than the Thomson Reuters consensus of $1.77; revenues rose 32.7% year/year to $726.9 mln vs the $693.9 mln consensus. Co issues mixed guidance for Q3, sees EPS of $1.80-1.90, excluding non-recurring items, vs. $1.76 Thomson Reuters consensus; sees Q3 revs of $670-700 mln vs. $712.37 mln Thomson Reuters consensus. Co issues mixed guidance for FY10, sees EPS of $7.45-7.65, excluding non-recurring items, vs. $6.92 Thomson Reuters consensus; sees FY10 revs of $2.63-2.71 bln vs. $2.73 bln Thomson Reuters consensus. Q2 sales for Provigil of $284 mln vs. analyst estimates of $290 mln; reported Q2 sales for Treanda of $99.7 mln vs. analyst estimates of $91 mln.
16:24
ULTI Ultimate Software beats by $0.01, reports revs in-line; guides Q3 revs in-line; guides FY10 revs above consensus (36.39 -0.35)
Reports Q2 (Jun) earnings of $0.09 per share, excluding non-recurring items, $0.01 better than the Thomson Reuters consensus of $0.08; revenues rose 15.9% year/year to $54.7 mln vs the $54.2 mln consensus. Co issues in-line guidance for Q3, sees Q3 revs of $57 mln vs. $57.85 mln Thomson Reuters consensus. Co issues upside guidance for FY10, sees FY10 revs up 18% year/year, equates to $232 mln vs. $230.49 mln Thomson Reuters consensus.
16:23
DFG Delphi Fin beats by $0.02, misses on revs (24.61 +0.00)
Reports Q2 (Jun) earnings of $0.83 per share, $0.02 better than the Thomson Reuters consensus of $0.81; revenues fell 0.1% year/year to $416.7 mln vs the $434.1 mln consensus.
16:21
KIM Kimco Realty beats by $0.04, misses on revs; guides FY10 FFO above consensus (15.07 -0.09)
Reports Q2 (Jun) funds from operations of $0.31 per share, excluding non-recurring items, $0.04 better than the Thomson Reuters consensus of $0.27; revenues rose 13.7% year/year to $214 mln vs the $217.7 mln consensus. Co issues upside guidance for FY10, sees FFO of $1.14-.18 vs. $1.12 Thomson Reuters consensus.
16:21
WBSN Websense beats by $0.03, misses on revs; guides Q3 EPS in-line, revs below consensus; guides FY10 EPS in-line, revs below consensus (21.38 +0.05)
Reports Q2 (Jun) earnings of $0.31 per share, $0.03 better than the Thomson Reuters consensus of $0.28; revenues rose 5.3% year/year to $81.9 mln vs the $84.3 mln consensus. Co issues mixed guidance for Q3, sees EPS of $0.29-0.32 vs. $0.32 Thomson Reuters consensus; sees Q3 revs of $82-84 mln vs. $86.61 mln Thomson Reuters consensus. Co issues mixed guidance for FY10, sees EPS of $1.17-1.22 vs. $1.19 Thomson Reuters consensus; sees FY10 revs of $333-337 mln vs. $342.11 mln Thomson Reuters consensus.
16:19
CHH Choice Hotels beats by $0.01, beats on revs; guides Q3 EPS in-line; guides FY10 EPS above consensus (34.53 +0.45)
Reports Q2 (Jun) earnings of $0.45 per share, $0.01 better than the Thomson Reuters consensus of $0.44; revenues rose 4.5% year/year to $149.8 mln vs the $145.4 mln consensus. Co issues in-line guidance for Q3, sees EPS of $0.57 vs. $0.57 Thomson Reuters consensus. Co issues upside guidance for FY10, sees EPS of $1.70-1.72 vs. $1.69 Thomson Reuters consensus.
16:18
ATAC Aftermarket Tech misses by $0.06, misses on revs (24.17 -0.04)
Reports Q2 (Jun) earnings of $0.39 per share, $0.06 worse than the Thomson Reuters consensus of $0.45; revenues fell 9.6% year/year to $104.4 mln vs the $117.4 mln consensus.
16:18
EGP EastGroup beats by $0.01, reports revs in-line; guides FY10 FFO in-line (37.16 -0.16)
Reports Q2 (Jun) funds from operations of $0.71 per share, $0.01 better than the Thomson Reuters consensus of $0.70; revenues rose 1.2% year/year to $43.6 mln vs the $43.2 mln consensus. Co issues in-line guidance for FY10, sees FFO of $2.81-$2.89 vs. $2.86 Thomson Reuters consensus.
16:18
ICON Iconix Brand promoted Yehuda Shmidman to Chief Operating Officer (16.55 -0.44)
16:17
WINN Winn-Dixie stores to close 30 underperforming stores and streamline operations reaffirms fiscal 2010 (10.22 -0.01)
The co announces that it will close 30 non-remodeled, underperforming stores. Winn-Dixie also reaffirmed its guidance for fiscal 2010, which the Company believes it achieved through effective management of its promotional activity and cost control, despite a deteriorating sales environment in the fourth quarter. In connection with the actions announced today, the Company expects to incur charges in the range of $35 to $50 million in the first quarter of fiscal 2011. These charges include lease-related items of $30 to $45 million and other charges, including severance, of approximately $5 million.
16:16
ISSI Integrated Silicon beats by $0.07, beats on revs, Q4 revs in-line (9.54 -0.15)
Co reports Q3 EPS of $0.57, $0.07 better than the $0.50 Thomson Reuters consensus; revs rose 25% year/year to $71.2 mln vs $68.44 mln Thomson Reuters consensus. The co currently expects its revenue for the September quarter to be between $74-80 mln, vs $74.30 mln Thomson Reuters consensus, and its gross margin to be between 34-37%.
16:16
CHRW C.H. Robinson beats by $0.04, beats on revs (61.19 -0.92)
Reports Q2 (Jun) earnings of $0.59 per share, $0.04 better than the Thomson Reuters consensus of $0.55; revenues rose 27.4% year/year to $2.45 bln vs the $2.32 bln consensus.
16:15
SIMG Silicon Image beats by $0.06, beats on revs; guides Q3 revs above consensus (3.36 -0.11)
Reports Q2 (Jun) earnings of $0.03 per share, $0.06 better than the Thomson Reuters consensus of ($0.03); revenues rose 30.0% year/year to $44.6 mln vs the $38 mln consensus. Co issues upside guidance for Q3, sees Q3 revs of $48-50 mln vs. $43.45 mln Thomson Reuters consensus.
16:15
DIS Walt Disney to acquire leading social game developer Playdom for $563.2 mln (34.28 -0.12)
Co has agreed to acquire Playdom. Playdom shareholders will receive total consideration of $563.2 mln, subject to certain conditions, and a performance-linked earn-out of up to $200 million.
16:15
HTCH Hutchinson misses by $0.09, misses on revs (4.43 +0.06)
Reports Q3 (Jun) loss of $0.79 per share, $0.09 worse than the Thomson Reuters consensus of ($0.70); revenues fell 27.1% year/year to $77.3 mln vs the $83.6 mln consensus. Regarding the outlook for suspension assembly demand, Co said it currently expects its Q4 shipments to decline 5-10% compared with Q3 as a result of share losses with certain customers. Co said, "While it will take longer than we previously expected to regain market share, we believe that our strategic investments in our TSA+ process capabilities and our assembly operation in Thailand will further lower our costs and strengthen our competitive position."
16:14
PVSW Pervasive Sftwr announces $10 mln share repurchase authorization (4.81 -0.03)
Co announced that its Board of Directors authorized a new $10 million stock repurchase plan. As of July 27, 2010, co has acquired approximately 345,000 shares of the co's common stock on the open market at a total cost of approximately $1.7 mln, or approximately $4.89 price per share, during the quarter ending September 30, 2010. The co has now utilized the majority of the authorized repurchase funds under its $10 million stock repurchase program announced in March 2009 and this program is now closed. The co's Board of Directors has approved a new stock repurchase plan effective immediately, whereby the co may repurchase additional shares of its common stock with a value of up to $10 million.
16:14MRK Merck grants license to LabCorp for development of test to potentially identify patients likely to respond to Hepatitis C therapy (35.18 -0.09)
16:13
ACE ACE Limited beats by $0.17 (53.40 +0.65)
Reports Q2 (Jun) earnings of $2.01 per share, $0.17 better than the Thomson Reuters consensus of $1.84. Book value increased $774 million during the quarter, up 4% from March 31, 2010. Book value per share now stands at $63.20. Annualized operating return on average equity for the quarter was 13.8%. The property and casualty (P&C) combined ratio for the quarter was 89.7%. "We are affirming the guidance we provided in January, which was $6.25 - $6.75 per share of operating income, and now expect to be at the top end of the range." Consensus is for FY10 EPS of $7.09.
16:13
BLKB Blackbaud reports EPS in-line, beats on revs (23.95 +0.13)
Reports Q2 (Jun) earnings of $0.22 per share, excluding non-recurring items, in-line with the Thomson Reuters consensus of $0.22; revenues rose 5.6% year/year to $80.7 mln vs the $79.9 mln consensus.
16:12
OKS ONEOK Partners announces $36 mln expansion of sterling natural gas liquids distribution pipeline (69.58 -1.01)
Co announces plans to install seven additional pump stations for approx $36 mln along its existing Sterling I natural gas liquids distribution pipeline, increasing its capacity by 15,000 barrels per day, which will be supplied by the partnership's Mid-Continent NGL infrastructure. The Sterling I pipeline transports NGL purity products from the partnership's fractionator in Medford, Okla., to the Mont Belvieu, Texas, market center and is currently operating at capacity.
16:11
ADCT ADC Telecom and AFL resolve pending litigation, reach FTTX licensing agreement (12.70 +0.05)
The co announces that its patent infringement suit against AFL Telecommunications has been settled. Under the agreement, ADC has added AFL as another licensee to certain patents pertaining to ADC's fiber-to-the-premises (FTTX) technology. ADC's patent technology relates to fiber distribution hubs and optical splitter modules that are widely deployed in an FTTX environment.
16:11
SKT Tanger Factory reports Q2 funds from operations of $0.48 vs $0.48 Thomson Reuters consensus (45.40 -0.30)
16:11
FPBI FPB Bancorp commences public stock offering (1.25 +0.05)
Co announced that it has commenced a public offering to sell units each comprised of four shares of common stock and one warrant to purchase one share of common stock. Each unit is being sold for $4.00 and the per share warrant exercise price is $1.50. The minimum size of the offering is $1.0 mln and the maximum size is $13.0 mln.
16:11
AFL AFLAC beats by $0.02, reports revs in-line; guides Q3 EPS in-line (50.71 -0.33)
Reports Q2 (Jun) earnings of $1.35 per share, $0.02 better than the Thomson Reuters consensus of $1.33; revenues rose 15.5% year/year to $4.98 bln vs the $4.99 bln consensus. Co issues in-line guidance for Q3, sees EPS of $1.35-1.38 vs. $1.37 Thomson Reuters consensus. "With half of the year complete, we believe we are in a very good position to meet our earnings objectives and extend our record of growth. Our objective for 2010 is to increase operating earnings per diluted share by 9% to 12%, excluding the impact of the yen. Within that range, we expect operating earnings to increase approximately 10% for the full year to $5.34 per diluted share before the impact of foreign currency. If the yen averages 90 to the dollar for the remainder of the year, we would expect full-year reported earnings to be about $5.44 per diluted share. Our objective for 2011 of increasing operating earnings by 8% to 12% before the impact of foreign currency also remains unchanged." (Consensus is for FY10 EPS of $5.45, and FY11 EPS growth of 9.4%)
16:10
ILMN Illumina beats by $0.03, beats on revs; guides FY10 EPS in-line, revs above consensus (41.31 -1.44)
Reports Q2 (Jun) earnings of $0.26 per share, excluding non-recurring items, $0.03 better than the Thomson Reuters consensus of $0.23; revenues rose 31.2% year/year to $212 mln vs the $193.9 mln consensus. Co issues mixed guidance for FY10, sees EPS of $0.93-1.00, excluding non-recurring items, vs. $0.99 Thomson Reuters consensus; sees FY10 revs growth of 28% from 2009, which calculates to ~$852 mln vs. $823.72 mln Thomson Reuters consensus.
16:10
USNA USANA beats by $0.07, beats on revs; adjusts FY10 EPS and rev guidance above consensus (39.76 +0.36)
Reports Q2 (Jun) earnings of $0.69 per share, $0.07 better than the Thomson Reuters consensus of $0.62; revenues rose 12.4% year/year to $126 mln vs the $123 mln consensus. Co issues upside guidance for FY10, now sees EPS of $2.73-$2.80 (vs. $2.60 Thomson Reuters consensus) up from the previous range of $2.50-$2.60; now sees FY10 revs of $488-$495 mln (vs. $481.75 mln Thomson Reuters consensus), up from the previous range of $470-$480 mln.
16:10
RLOC ReachLocal beats by $0.15, beats on revs; guides Q3 revs in-line; guides FY10 revs above consensus (12.95 +0.25)
Reports Q2 (Jun) loss of $0.09 per share, $0.15 better than the Thomson Reuters consensus of ($0.24); revenues rose 46.7% year/year to $70.4 mln vs the $67.2 mln consensus. Co issues in-line guidance for Q3, sees Q3 revs of $74.8-75.2 mln vs. $74.13 mln Thomson Reuters consensus. Co issues upside guidance for FY10, sees FY10 revs of $288.1-288.9 mln vs. $283.82 mln Thomson Reuters consensus.
16:10
GPN Global Payment misses by $0.01, beats on revs; guides FY11 EPS in-line, revs above consensus (39.93 -0.14)
Reports Q4 (May) earnings of $0.56 per share, $0.01 worse than the Thomson Reuters consensus of $0.57; revenues rose 15.5% year/year to $425.1 mln vs the $404.6 mln consensus. Co issues mixed guidance for FY11, sees EPS of $2.68-2.77 vs. $2.77 Thomson Reuters consensus; sees FY11 revs of $1.735-1.77 bln vs. $1.75 bln Thomson Reuters consensus. Co says fiscal 2011 diluted earnings per share expectations exclude an estimated $14 mln or $0.12 of start-up expenses relating to a new Global Service Center in Manila, Philippines which will support customer and operational functions.
16:10
KEYN Keynote Systems misses by $0.02, reports revs in-line; guides Q4 EPS in-line, revs above consensus (9.49 )
Reports Q3 (Jun) earnings of $0.08 per share, $0.02 worse than the Thomson Reuters consensus of $0.10; revenues fell 4.5% year/year to $19.3 mln vs the $19.4 mln consensus. Co issues guidance for Q4, sees EPS of $0.12-0.15 vs. $0.12 Thomson Reuters consensus; sees Q4 revs of $20.1-20.6 mln vs. $19.96 mln Thomson Reuters consensus.
16:09
PNRA Panera Bread beats by $0.01, reports revs in-line; raises FY10 EPS above consensus, raises FY10 comp guidance (78.60 +0.33)
Reports Q2 (Jun) earnings of $0.85 per share, $0.01 better than the Thomson Reuters consensus of $0.84; revenues rose 14.3% year/year to $378.1 mln vs the $375.9 mln consensus. PNRA sees Q4 EPS of $1.11-1.13 vs 1.08. Co issues downside guidance for Q3, sees EPS of $0.71-0.73 vs. $0.75 Thomson Reuters consensus, with comps +5-6%. Co issues upside guidance for Q4 (Dec), sees EPS of $1.11-1.13 vs. $1.08 Thomson Reuters consensus, with comps +4-6%. Co raises guidance for FY10, sees EPS of $3.50-3.52 vs. $3.49 Thomson Reuters consensus, up from $3.40-3.44 previously, with comps +7-8% vs. +6.5-7.5% previously and 100-150 bps in op. margin improvement.
16:09
IRIS IRIS Intl to Acquire CLIA Certified Laboratory for up to $6 mln (9.43 -0.05)
16:07
SUPX Supertex beats by $0.05, misses on revs (27.04 -0.32)
Reports Q1 (Jun) GAAP earnings of $0.32 per share, $0.05 better than the GAAP Thomson Reuters consensus of $0.27; revenues rose 70.9% year/year to $23.2 mln vs the $24.1 mln consensus.
16:07
EHTH eHealth announces a $30 mln stock repurchase program (10.29 +0.03)
16:06
TRMB Trimble Navigation beats by $0.02, beats on revs (30.16 -0.53)
Reports Q2 (Jun) earnings of $0.42 per share, $0.02 better than the Thomson Reuters consensus of $0.40. TRMB reports revs of $333.4 mln vs $323.51 mln Thomson Reuters consensus. Trimble Navigation sees Q3 EPS of $0.32-0.34 vs $0.33 Thomson Reuters consensus; sees revs $303-308 mln vs $303.15 mln Thomson Reuters consensus.
16:06
RSYS RadiSys beats by $0.04, beats on revs; guides Q3 EPS below consensus, revs in-line (10.72 -0.16)
Reports Q2 (Jun) earnings of $0.15 per share, $0.04 better than the Thomson Reuters consensus of $0.11; revenues fell 4.0% year/year to $75 mln vs the $72.6 mln consensus. Co issues mixed guidance for Q3, sees EPS of $0.12-$0.17 vs. $0.18 Thomson Reuters consensus; sees Q3 revs of $73-$77 mln vs. $74.20 mln Thomson Reuters consensus.
16:05
NBR Nabors Ind misses by $0.03, beats on revs (18.38 -0.42)
Reports Q2 (Jun) earnings of $0.15 per share, $0.03 worse than the Thomson Reuters consensus of $0.18; revenues rose 4.3% year/year to $905.1 mln vs the $875.9 mln consensus.
16:05
ACC American Campus Communities misses by $0.01, beats on revs (28.94 -0.06)
Reports Q2 (Jun) earnings of $0.01 per share, $0.01 worse than the Thomson Reuters consensus of $0.02; revenues rose 7.6% year/year to $76.7 mln vs the $74.1 mln consensus.
16:05
HA Hawaiian Holdings misses by $0.01, reports revs in-line (6.00 -0.10)
Reports Q2 (Jun) earnings of $0.17 per share, $0.01 worse than the Thomson Reuters consensus of $0.18; revenues rose 8.2% year/year to $315.9 mln vs the $318.3 mln consensus. As of June 30, 2010, the Company had: Unrestricted cash, cash equivalents and short-term investments of $314 mln, and $37 mln in restricted cash. $77 mln outstanding under two term loan facilities, $94 mln outstanding under floating rate notes issued in conjunction with the acquisition of three Boeing 767-300 ER aircraft in December 2006, and additional notes payable of $9 mln. $44 mln of capital lease obligations primarily associated with four 717-200 aircraft.
16:05
DWA Dreamworks Animation beats by $0.05, beats on revs; Co announces New $150 Million Share Repurchase Program (32.10 +0.42)
Reports Q2 (Jun) earnings of $0.27 per share, $0.05 better than the Thomson Reuters consensus of $0.22; revenues rose 19.8% year/year to $158.1 mln vs the $138.7 mln consensus. The Co's Q3 results are expected to be driven primarily by the continued international box office performance of Shrek Forever After. The Co expects its full year 2010 results, which will likely be heavily weighted toward the second half of the year, to be driven by the continued box office performance of Shrek Forever After as well as the home entertainment performance of How to Train Your Dragon and Shrek Forever After, both of which are expected to be released on DVD and Blu-ray in the Q4.
16:05
FISV Fiserv beats by $0.04, beats on revs; guides FY10 EPS in-line (47.63 +0.00)
Reports Q2 (Jun) earnings of $1.00 per share, excluding non-recurring items, $0.04 better than the Thomson Reuters consensus of $0.96; revenues rose 2.2% year/year to $1.02 bln vs the $1.01 bln consensus. Co issues in-line guidance for FY10, sees EPS of $3.96-4.07, excluding non-recurring items, vs. $4.01 Thomson Reuters consensus.
16:05
CBI CB&I beats by $0.04, misses on revs; guides FY10 EPS in-line
Reports Q2 (Jun) earnings of $0.47 per share, $0.04 better than the Thomson Reuters consensus of $0.43; revenues fell 24.4% year/year to $916 mln vs the $948.4 mln consensus. Co issues in-line guidance for FY10, sees EPS of $1.75-1.90 vs. $1.82 Thomson Reuters consensus.
16:05
BWLD Buffalo Wild Wings beats by $0.08, beats on revs; "exceeding previous annual growth targets for the first half of the year" (40.87 -0.88)
Reports Q2 (Jun) earnings of $0.50 per share, $0.08 better than the Thomson Reuters consensus of $0.42; revenues rose 12.4% year/year to $145.7 mln vs the $141.6 mln consensus. Co stated ""We have previously stated that our 2010 growth goals are 13 to 15% unit growth and 20% net earnings growth. We are exceeding both of these annual targets for the first half of the year. Based on the anticipated new restaurants opening in the third and fourth quarters, we are on track for 13% unit growth for 2010. We have growing confidence that our 20% annual net earnings growth goal is achievable given the recent improvement in same-store sales and the moderation of wing costs."
16:04
RFMD RF Micro Device beats by $0.01, beats on revs; guides Q2 in line with Q1 (4.30 -0.05)
Reports Q1 (Jun) earnings of $0.16 per share, $0.01 better than the Thomson Reuters consensus of $0.15; revenues rose 28.8% year/year to $273.8 mln vs the $263.9 mln consensus. Co issues in-line guidance for Q2, sees Q2 results in line with Q1; $0.16 in Q1 vs $0.16 Q2 consensus; Q1 revs were $273.8 mln vs $274.65 mln Q2 consensus. RFMD currently expects revenue growth to accelerate in fiscal 2012 as major programs at new and existing customers ramp into volume production.
16:04
JDAS JDA Software misses by $0.04, beats on revs (24.60 -0.40)
Reports Q2 (Jun) earnings of $0.48 per share, $0.04 worse than the Thomson Reuters consensus of $0.52; revenues rose 59.2% year/year to $158.4 mln vs the $153.5 mln consensus.
16:03
ETM Entercom beats by $0.01, misses on revs (9.10 +0.11)
Reports Q2 (Jun) earnings of $0.38 per share, $0.01 better than the Thomson Reuters consensus of $0.37; revenues rose 4.4% year/year to $105.8 mln vs the $108.2 mln consensus.
16:03
NSC Norfolk Southern beats by $0.05, beats on revs (56.51 -0.65)
Reports Q2 (Jun) earnings of $1.04 per share, $0.05 better than the Thomson Reuters consensus of $0.99; revenues rose 30.9% year/year to $2.43 bln vs the $2.4 bln consensus. The railway operating ratio was 69.8, a second-quarter record, and an improvement of 5 percentage points compared with 74.8 percent during second-quarter 2009.
16:02
NATI Natl Instruments misses by $0.02, beats on revs; guides Q3 EPS in-line, revs in-line (33.45 +0.70)
Reports Q2 (Jun) earnings of $0.31 per share, $0.02 worse than the Thomson Reuters consensus of $0.33; revenues rose 39.1% year/year to $211.7 mln vs the $208.7 mln consensus. Co issues in-line guidance for Q3, sees EPS of $0.27-0.37 vs. $0.32 Thomson Reuters consensus; sees Q3 revs of $206-220 mln vs. $209.90 mln Thomson Reuters consensus.
16:02
EPIQ EPIQ Systems reports EPS in-line, beats on revs (12.52 -0.06)
Reports Q2 (Jun) earnings of $0.18 per share, excluding non-recurring items, in-line with the Thomson Reuters consensus of $0.18; revenues fell 0.5% year/year to $65.9 mln vs the $57.7 mln consensus.
16:02
NEWL NewLead announces 1-for-12 reverse split of common shares (0.65 -0.04)
16:02
MTSC MTS Systems settles patent-infringement litigation for $7.5 mln (30.80 +0.48)
Co has entered into a settlement agreement with Hysitron Incorporated. The agreement dismisses all claims and counterclaims in the patent-infringement lawsuit between the two companies. Pursuant to the agreement, co will pay Hysitron $7.5 mln and neither party admits any liability or wrongdoing. The settlement will result in a one-time pre-tax charge of $6.3 mln, or $0.24 per share, in the fiscal 2010 third quarter. The remaining $1.2 mln was previously accrued.
16:01
NAL New Alliance Bcshrs beats by $0.01 (11.81 +0.16)
Reports Q2 (Jun) earnings of $0.16 per share, $0.01 better than the Thomson Reuters consensus of $0.15. The Board of Directors voted today to pay a quarterly dividend of $0.07 per share to shareholders of record on August 9, 2010 and payable on August 19, 2010.
16:01
QCOM Qualcomm and ECOtality (ECTY) to enable electric vehicle charging stations with cellular connectivity (39.22 -0.02)
Co and ECOtality Incorporated (ECTY) have entered into an agreement to implement cellular connectivity into charging stations. The solution will allow ECOtality to use a commercial cellular network to manage its Blink brand charging station operations, transfer usage data, download firmware updates and publish availability to electric vehicle drivers in real time.
Briefing.com is the leading Internet provider of live market analysis for U.S. Stock, U.S. Bond and world FX market participants. 1-800-752-3013 or http://www.briefing.com
Advisor News
Annuity News
Health/Employee Benefits News
Life Insurance News