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Looking ahead, we expect continued quarterly earnings momentum for the remainder of 2008 and annual earnings momentum for 2009 and 2010, as the full-impact of significantly higher priced contract settlements continues to flow through operating results..
1
positive
The problem facing PH is that its customers will not be investing in capacity expansion in N.A.
2
negative
SEGMENT RESULTS Utility operations: Utility earnings were $0.36 per share in the fourth quarter compared to $0.38 last year.
0
neutral
In all, FII suffered $6 billion in net attrition or about 50% worse than forecast � though due to lumpy money markets.
2
negative
Risks to Our Rating Risks to the upside for our Neutral rating include: (1) other bidders emerge for all or part of Alberto-Culver, which we think is unlikely, (2) positive revised deal terms with Regis, and (3) Nexxus produces upside.
1
positive
There are a number of moving parts embedded within our estimate changes, but the most significant seem to be: (i) modest increases in total listings; (ii) substantive "take rate," or commission, increases; (ii) marketing expenditure adjustments focused on stimulating supply and demand; and (iv) product development and ...
1
positive
We look for stand-alone telephony revenue to represent near $17 million in 2003 and believe the service could represent $526 million in sales for 2007.
0
neutral
IGT (again) guided to $0.30 of EPS per quarter through F2006, explicitly targeting $1.20 in EPS for next year.
0
neutral
The deal would add roughly 1.2MM subscribers bringing AT's total subscriber count close to 10MM.
1
positive
Intuit has a clean, debt-free, cash-rich balance sheet with nearly $1.3 billion in cash.
1
positive
So we got sport drinks (plastic bottles), bottled water (plastic bottles), flavored teas (glass), and most recently, water with stuff in it (plastic bottles).
0
neutral
For 2Q05, we estimate operating margin expansion of 10 bps to 12.4% of sales from 12.3% last year.
1
positive
Guidance for pro forma operating earnings is $800-900M for the June quarter and $2.95-3.15B for FY09 (including the $748M in BRCM settlement charges).
0
neutral
And although there are two more months left in the current quarter, we are comforted by Cisco's current trajectory and we are increasing our estimate from $7.83B to $7.90B vs. the street of $7.89B.
1
positive
Any significant dilutive acquisition could hamper near-term earnings growth.
2
negative
Driver fatigue was recently judged to be the number-one problem in commercial transportation.
0
neutral
EPS declines from $0.15 to $0.12, $0.01 of which is the GAAP transition impact.
2
negative
During the last decade, AFL produced 15% average annual EPS growth, precurrency, which we find to be quite impressive.
1
positive
Our updated 2008 and 2009 FFO estimates are $3.56 (was $3.54) and $3.86 (was $3.80), respectively, implying year-over year growth of 5.1% and 9.0%.
0
neutral
Additionally, new products round out the catalysts for growth..
1
positive
We are looking for a 45% efficiency ratio in 2006 and a further improvement of 250bps through 2007.
1
positive
We expect the consolidation of the pacemaker manufacturing into the Sylmar CA.
0
neutral
Rick Rossit, Chairman and CEO will also assume the role as president.
0
neutral
Agricultural Productivity had a 12% yr/yr sales increase to $779M.
1
positive
We are forecasting Comcast as a stand-alone business, which is not pro forma for the announced AT&T Broadband transactions.
0
neutral
A Wireless Strategy--Does It Favor the Woolly Mammoth?.
0
neutral
The recent rally in treasuries is a bigger positive for spreads than net interest margin..
1
positive
We believe that key risk factors that could impact share valuation include failure to meet our sales or EPS estimates, increases in labor or commodity costs, unexpected pressures on international operations, and food safety concerns.
2
negative
We attended Siebel's User Conference and Analyst day in Los Angeles for an update on current product and business trends.
0
neutral
Appliances, Plastics, NBC, Industrial, Lighting) will likely remain weak in 2002, reflecting a protracted economic slowdown, with revenue declines of 0-5% and profit declines between 0-10%.
2
negative
Process Controls revenues on an underlying basis were up 2% vs. last year, to $837 million, and rose a solid 5% sequentially.
1
positive
Core expenses increased 2%, due to higher staff expenses (driven by higher results at BlackRock), equipment, and marketing.
2
negative
The actual price paid to acquire these drugs was often far less than the calculated 95% of AWP.
0
neutral
It may be achieved via third party investment or an IPO.
0
neutral
Additionally, Figure 7 provides a longer-term perspective of IBM's backlog growth over the last four years.
0
neutral
Ford's share would increase to about 12.6% and in the U.S.; share would improve to about 25%..
1
positive
We are publishing these as "formal" estimates, but caution against the bugbear of false precision.
0
neutral
The remodeled Florida stores (5-6% of total) must have comped down 20% or so to have cost one full point. That suggests a few lost points in other categories as a result of disruption or lost traffic due to a zero appliance assortment.
2
negative
Two other proposed transactions: the acquisition of Orangina and other related brands from Pernod-Ricard, and the acquisition of international beverage brands from Cadbury-Schweppes, have yet to close.
0
neutral
Broadcast and Government includes air traffic control, radar tracking systems and satellites..
0
neutral
Management indicated it continues to test and learn on service fees.
0
neutral
The average present NAS installation for EMC is 1.5 terabytes (a thousand gigabytes) while that for Network Appliance is only 680 gigabytes roughly half as much (however, the average installation of the F800 series from Network Appliance today is more than 1 terabyte).
0
neutral
However, on a per share basis the expense fell to $0.25 from $0.29 in 4Q01.
1
positive
Forest needs to additional $1B by 2014 to close the gap.
2
negative
3M hopes its investor meeting in New York on February 18th will help investors better understand the significance of its new product development program and how it, along with expanding the use of Six Sigma to accelerate revenue growth, should still ensure 3M's organic growth rate can reach 5%-7% in 2005.
1
positive
This will be the primary watch item for 2Q and beyond in 2006..
0
neutral
Graft separates stent from fabric and has a polymer fill that enables lower profile delivery.
0
neutral
Buy: A total return is anticipated in excess of the market's long-term historic rate (approximately 10%).
1
positive
In contrast, HIG, which cited irrational pricing in the group benefits arena, experienced a (20)% year-over-year decline in its 1Q03 group disability sales.
2
negative
Investment conclusion: Still cautious on SBUX shares as we enter FY09.
2
negative
Sixteen development and five exploration wells are planned in 2001..
0
neutral
� Given the strength in Andrew results, a higher price could be justified -- though we remain very comfortable with ADCT shares' stand-alone at approximately 1x revs and 11x EPS with strong longterm prospects in fiber optics.
1
positive
In markets where school starts earlier, Target may set a little sooner..
0
neutral
We Maintain Our Line Rating And $17 Price Target (1.4x projected tangible book)..
0
neutral
Broadcom a Master at Chip IntegrationOne of Broadcom's core competencies is in mixed-signal (analog and digital) chip design.
0
neutral
Specifically, Investor Services revenues reached $394 million in the third quarter, down 7.9% sequentially and 9.2% from a year ago.
2
negative
We estimate that Fox Family Worldwide generates about $150-$160 million in EBITDA and about $550 million in revenues.
0
neutral
The measures that a dialysis chain might prefer (e.g., dialysis adequacy, haematrocrit, vascular access) are not those that an HMO receiving capitated payments from Medicare would like (e.g., hospitalization rates, quality of life, overall mortality)..
0
neutral
Exiting Q305, the aggregate inventory days at telecom OEMs were 69 days, in the middle of its historical range.
0
neutral
Conference call did little to convince us that longer-term opportunities have been identified to position RadioShack as a more compelling place to shop..
2
negative
In the Middle the Two Shall Meet -- DCS and PLC Suppliers Will Compete More Often in the Future Ask any DCS supplier who its largest competitors are, and management will quickly rattle off the names of a few other sizable companies (see Table 10).
0
neutral
Some potential offsetting positives include (1) market share consolidation, (2) likely risk premiums/higher prices paid for use of brokers' capital, and (3) shifts in business mix.
1
positive
However the fact remains that we have essentially lost January to warm weather, and the net effect has been a collapse in East Coast margins.
2
negative
In our view, our European sales projections for the quarter could have upside.
1
positive
The joint venture plans to stockpile the carbonaceous ore mined at the Pipeline deposit until 2003, which will then be processed either at mill #1 or at the existing roaster, or both..
0
neutral
Sales were up 14% in Fluid Processing (25% of sales) as sales in Microelectronics were robust, up 69% in local currency due to a continued recovery in the semiconductor market, in particular in the U.S.and Europe and to a lesser degree in Japan.
1
positive
We have tried to incorporate our cautiousness by modeling CCU radio revenue growth at 2% for 2005 vs. our 4% industry call.
0
neutral
We believe eBay's guidance is generally conservative relative to operating trends.
1
positive
CFC stock trades at 1.8 times tangible book, which is also below the large mortgage focused thrifts, which trade at 2.3 times tangible book.
0
neutral
As a result, our 4Q EPS estimate moves to $0.64 from $0.60.
0
neutral
The bank has rolled out its Loan Solutions software into the FBF CT base and plans to complete the rollout to remaining Fleet offices by year-end.
0
neutral
Industrial Packaging: The company has targeted $350 million in EBIT improvement for the industrial packaging segment by 2002 of which 26% is to come from merger benefits, 20% from margin/mix improvements, 27% from cost reduction and 27% from volume/productivity improvements.
1
positive
Management is guiding that the new combined entity called Wellpoint would have $50 million of cost synergies in 2004 and $175 million in 2005.
1
positive
AT&T and BellSouth | Cingular Reports Strong 3Q06 Exceeding Expectations on Most Measures.
1
positive
We continue to remain encouraged that customer inquiries/quoting activity has remained quite strong during the last couple of quarters.
1
positive
Our 2009 net revenue growth forecast drops from 27% to 23%.
2
negative
Indeed, the 37 store bulge in store openings planned for 1Q00 (an estimated 34 of them in the expensive New York metropolitan area) ought to mean EPS may only slightly better than equal to the terrific first quarter of this year.
1
positive
Excluding these gains, the Company would have met the consensus estimate of $0.62 per share..
1
positive
Furthermore, the clinical systems franchise has been a solid growth driver, led by ultrasound products, and limited exposure to reimbursement pressures provides nice diversification.
1
positive
Retained commitments increased to $67.3 billion in October from $57.0 billion in September, which led to record outstanding commitments of $119.3 billion, up from $84.4 billion.
1
positive
Additionally, the pending acquisition of Pfizer's consumer business has the risks inherent in any large-scale acquisition.
2
negative
International sales of $224 million grew only 2% (growth would have been 5% ex- a negative foreign currency impact of $4 million in Europe, and roughly $3 million from discontinued product sales from businesses businesses divested in Japan.
0
neutral
Total operating income increased 15.7% year over year, from $229 million during the first quarter in 1999 to $265 million in the same period this year.
1
positive
We put new drugs into four categories based on estimated peak annual sales: over US$1 billion, over US$600 million but less than US$1 billion, over US$300 million but less than US$600 million, and less than US$300 million.
0
neutral
In addition to its more than 4,500 retail locations in North America, the United Kingdom, continental Europe, the Middle East, and the Pacific Rim, Starbucks sells coffee and tea products through its specialty operations, including its online store at Starbucks.com.
0
neutral
This mill was not designed for the wide exposed autobody applications.
0
neutral
Royal does not honor claims under the policies, MBIA will be required to make payments for scheduled interest and principal as MBIA has agreed to honor its obligation.
0
neutral
Backlog remains above the $1.4 billion level where it troughed at the end of September.
0
neutral
Rawlings has served as president and chief concept officer for Pizza Hut Corporation.
0
neutral
Our new estimates are $5.00 a share for 1998 and a range of $5.80-$6.00 for 1999; we'll need to get a better sense of aluminum prices toward year end before we can more accurately calibrate our 1999 number.
0
neutral
We have initiated coverage of NAV with a Market Perform rating on the shares until more information becomes available.
0
neutral
NXTL's management reaffirmed guidance for fiscal 2002.
0
neutral
The company's separate announcement of its investment in "MobileAria", a service provider that adds further functionality to MPC, also looks to be a valuable asset..
0
neutral
Examples of products that users sometimes pull into use without IT's assistance or knowledge: Google Gmail, Microsoft Outlook, Salesforce.com, and various software synchronization programs such as Intellisync (owned by Nokia).
0
neutral
Finally, DSO in the mid-90s is among the highest in the industry.
2
negative
2Q02 production guidance of 410 mboe/d reflected both seasonality of natural gas production and a reversal of the UK liquids underlift.
1
positive
But when we think about Avon's growth potential, it is superior to both Kimberly-Clark and Anheuser-Busch: a. BUD may be attractive relative to other beverage names, but investors do not need to own it in a vacuum.
1
positive
Germany is Europe's second-largest market after Russia, with an estimated consumption of around 145 billion sticks.
0
neutral
We forecast a flattish margin in 2006 somewhat below the company's forecast of 10-60 bps of growth..
2
negative
Our adjusted FCF yield is 6.5% for 2008, 2x our universe.
0
neutral