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2. Discount retail formats - such as Wal-Mart Supercenter - could accelerate entrance into core markets.
0
neutral
Additionally, some industry pundits believe that the company's brand has played a large part in Google's recent market share gains.
0
neutral
The company is offering transistor and copper interconnect modules which combine several systems (e.g., PVD, ECD and CMP tools for the production of copper wires) with guaranteed performance.
0
neutral
A decision to table this investment would be a huge positive in our view, since the new factory undoubtedly leads to the production of commodity analog and logic products downstream, something all companies with overcapacity chase to try to spread costs over as many wafers as possible.
1
positive
Purchase Price Lucent will issue approximately 78 million shares of its common stock, valued at approximately $4.5 billion based upon the $58.19 closing price of Lucent' common stock on Monday May 30.
0
neutral
New fabs spend a higher portion of their equipment budget on process control equipment in the first phase of buying as process control equipment is heavily used to ramp production yields.
0
neutral
Assuming there's no pick up in comps, Bed Bath expects flat or low single digit growth in the second quarter, flat or low single digit decline in the third quarter owing to a higher tax rate and down lowmid single digits in 4Q due to the extra week comparison.
2
negative
Its component costs have been declining by about 0.5 point per week over the last several quarters.
1
positive
Although management did not go into the details of this review, The Dallas Morning News recently published an article (see February 29 article titled "Dealing in Diplomas") relating the review to a qui tam action disclosed in APOL's annual 10k filing that alleges, among other things, falsification of documents associat...
2
negative
Sources indicate that Kodak has recently lowered paper pricing at major mass merchants including the Kmart, Target and Eckerd.
2
negative
(In the UK, KMB's training and youth pant share was 98%).
0
neutral
On the same day, the Kellogg board elected Jim Jenness, 58, as the new CEO.
0
neutral
Although it is difficult to know for sure, our best guess is that the issues with the dates and timing of option grants will be technical or administrative in nature.
0
neutral
Company reported 3Q earnings per share of $0.80 vs. $0.77, an increase of 3.9%, missing Hilliard Lyons' $0.88 estimate and the consensus $0.84.
1
positive
CAPITAL MARKETS REVENUES -- which include revenues from equity and fixed-income sales and trading activities -- reached $577 million in F4Q01, representing 48.0% of the firm's net revenues.
0
neutral
PPG reported 1Q'03 EPS 1ct lower than our recently lowered est. of $0.52/shr The biggest variation from our estimate was lower income in glass, particially.
2
negative
By 2003, SO targets 30% of net income from unregulated businesses.
0
neutral
FAS = Financial Accounting Standards EPS = Earnings Per Share.
0
neutral
We think EDS would be exiting this contract if the value of future cash flows were expected to be zero or worse.
0
neutral
On these results, we are raising our FY01 EPS estimate to $0.23 from $0.20; however, we are maintaining our FY02 EPS estmate of $0.50.
1
positive
Given the significantly higher growth rate of Caterpillar's distributed power business (and the multiples of revenues of some of the other publicly traded distributed power companies), we believe Caterpillar's distributed power business would command a significantly higher multiple than that of Caterpillar--if traded s...
1
positive
Comdata's solutions provide the trucking company with the financial control they desire, while providing the driver the tools to perform his job.
0
neutral
SunGard's systems assist in the development of complex trading analysis and strategies depending on the type of derivative securities being utilized and also manage the accounting and back-office functions associated with these transactions.
0
neutral
Operating margins also were in synch with forecasts at 9.0%, versus our 9.3%.
0
neutral
We are lowering our 2005 EPS estimate to a loss of $10.13 from a loss of $4.15 as a result of the arbitration charge announce November 23, 2005.
2
negative
26% net debt/cap and est. 90%+ free cash flow conversion gives UTX $2B cash redeployment potential.
0
neutral
We believe AMD will obtain 5% market share because of the Athlon' strengths.
1
positive
Our revised 2007 and 2008 EPS estimates are $24.46 and $20.62, respectively..
0
neutral
We estimate that SUN's planned maintenance activity in 4Q will reduce its Northeast system utilization rate from 99% this quarter to 85% in 4Q.
0
neutral
Wal-Mart Cuts Nov. Sales Expectation to 0.7% - Not Necessarily an Indicator for all of Retail After Wal-Mart's (WMT) weekly sale update, we are maintaining our Neutral rating on WMT shares and our 2004 and 2005 EPS estimates of $2.39 and $2.72.
2
negative
In addition, the increasing need for scale, sophisticated trade execution technology, and capital usage is creating barriers to entry and placing more and more pressure on subscale players offering market share gains for the large liquidity providers.
1
positive
Range: 84 - 36 Price: 73 their own Country Stores.
0
neutral
(The sale of the development project Freestone in Texas garnered a $15 million profit.) The most significant alliance to date, we believe; in April 2000, Entergy and Koch Industries announced plans to contribute key businesses to create a top tier energy company.
0
neutral
$459MM securitization was closed as expected on April 4, 2007.
0
neutral
These include better matching in effort to improve coverage of keywords as seen by the beta release of Yahoo! Publisher Network (YPN) and improving ad relevance by increasing clickthrough rates.
1
positive
Share repurchases remain aggressive and capacity for repurchases remains high.
1
positive
IQ00 reported EPS includes the impact of a $15.2 million or $0.26 gain related to a patent litigation settlement has been restated to exclude charges, write-offs, gains or losses on divestitures..
0
neutral
We are using a multiple of 2 times forward earnings of $45 million, resulting in a valuation of under $1 per share and not material to our valuation..
0
neutral
We note pipeline stories are notorious for having disappointing earnings growth in their early years.
2
negative
In a rising rate scenario, we believe that consumers' effective demand for incremental credit card debt will become constrained (absent a material boost in personal income growth), placing additional pressure on card issuer pricing at a time when their cost of funds will be on the rise.
2
negative
(In the real world, patients receive multiple stents, some overlapping.) For its part, the polymer carrier helps facilitate the uniform distribution and release of drug over the stent.
1
positive
We think a 2005 multiple is appropriate despite the fact that we are nearly at midyear, because toy companies generate the large majority of earnings in the second half of the year..
0
neutral
The company increased its asbestos liability estimate to $1,278 million from $386 million in that year, and recorded an $878 million recoverable from the excess insurance policies.
2
negative
We lowered our rating on the Chubb shares to Add from Buy following disappointing third quarter results, where deterioration in underlying trends in Chubb's Specialty and Personal lines offset the improvement in its Commercial lines.
2
negative
At the end of the third quarter, total gross debt stood at $611 million, with debt-to-book capital standing at approximately 45%.
0
neutral
Systems enhancements focused on improved store inventory allocation, cross-docking efficiency.
1
positive
Multipacks of single use cameras appear to be garnering a major push at Wal-Mart.
1
positive
As an example, most bonuses were tied only to the volume of new business signings and revenue target, and not to corporate profitability.
0
neutral
Importantly, investment is stabilizing, providing better profitability on growth.
1
positive
Because of its production mix, OXY's earnings are the most leveraged to oil prices and least to gas prices among E&P independents.
0
neutral
CINF investment income increased 6.9% over 4Q04, reflecting CINF's unique equity investment approach.
1
positive
Also, we are maintaining our full-year operating earnings estimate of $3.25 per share based on our outlook of 375 commercial aircraft deliveries for the year.
0
neutral
Accordingly, should PLL miss our F2004 and F2005 earnings projections, multiple expansion could stall, and the share price would not reach our $30 price target.
2
negative
The previously scattered S&M team has now been consolidated into one central marketing group.
0
neutral
At one point CEO McMillan suggested that the consolidation of the meat businesses from 11 units in to one was a start of the process.
0
neutral
We estimate that HFCS will contribute about 5% to F2003 sales and roughly 6-7% of profits.
0
neutral
The plan is built on the assumption that US units will decline from 310-345 in '02 to 200-250 in '03.
2
negative
Overall, we are impressed with the new entity, and believe it represents a stronger company than MYL standalone.
1
positive
However the impact of Q/Q top line growth is expected to be migitated in the April quarter by increased operating expenses related to it being a 14 week quarter (versus the usual 13 week).
0
neutral
While, at the margin, we consider the presentation to be a positive relative to the new product flow and the coherence of the product strategy, we also think the challenges in its established product portfolio offset the new product opportunity over the next year..
1
positive
P/E's calculated on a trailing four quarter basis.
0
neutral
The parties are awaiting the Australian court's decision.
0
neutral
On the conference call, Caterpillar indicated that virtually all its models in North America are on "managed distribution" (i.e. allocation), up from just 8 models three months ago.
0
neutral
Stage 1 Pretreatment Spray or immersion stages can both be utilized..
0
neutral
While we view the passage of Governor Rendell's legislation as the most likely outcome, we view a lower likelihood, worst case scenario for PPL, EXC and FE to be a monetary settlement similar to what took place in Illinois, where the Pennsylvania based power companies effectively fund the $850 million Energy Independen...
0
neutral
An important element of high net margins is the interest. .
0
neutral
We are raising our 2005 and 2006 EPS estimates $0.05 each to $5.60 and $6.05, respectively, and are initiating a 2007 projection of $6.55.
1
positive
Included in this revision, we have adjusted our 3Q 2000 EPS estimate to $0.19 from $0.22, reflecting revenue growth of 2% (vs. IKN's outlook for 2-4% growth).
0
neutral
The PlayStation 3 and the Nintendo Wii debuted in Fall 2006, with the Nintendo Wii stealing the show so far.
0
neutral
*** Reducing 4Q01 and 2002-2006 Xigris revenue forecasts.
2
negative
Furthermore, we remain confident MCI WorldCom will meet or exceed our 1999 above-consensus EPS estimate of $2.04.
1
positive
The company has exclusive rights to explore 5 million acres in the Sahara Desert.
0
neutral
We have been, and remain, convinced that the strength and duration of the growth phase is the most important driver of earnings and investment performance for companies in the sector.
1
positive
Nabors, the second-largest well servicing contractor, should benefit.
1
positive
As shown below, the company has been steadily growing their managed loans and between 1999 through 2Q05 have had average annual growth of 75%.
1
positive
The target price of $35 assumes a ten-year revenue growth rate of approximately 18%.
0
neutral
The company pays an annualized dividend of $2.32 per share and yields 2.2%.
0
neutral
Sales growth was detrimentally impacted by excess inventory among retail customers in the United States as large chains consolidate and reduce inventory levels.
2
negative
ARPU grew 0.6% YoY to $49.71, 1.9% higher than our estimate due to strong growth in data revenues.
1
positive
UST's 2006 smokeless volume stabilization has coincided with deterioration of realized pricing (-3.5%).
2
negative
Asset Optimization Continues; COP an Industry Leader.
1
positive
Investors seem to be pricing in both a smooth transition period and a positive long-term view of the new larger company..
1
positive
Domestic same-store sales varied by month: November rose 1%-3%; December fell 4%-6%, and January rose 7%-9%.
0
neutral
ASO: 2Q05 Results Ahead of Expectations; Quick Take.
1
positive
Every $100 million penalty equates to about $0.50 of lost value per HON share..
2
negative
The other reason we believe the PC functionality will be key to the digital set-top in the future is driver connectivity.
0
neutral
We were surprised that its banking assets fell during the month.
2
negative
Nortel also indicated that carrier revenues were strong in the U.S. with a 28% growth in the quarter.
1
positive
BIIB reported Q1 2004 adjusted EPS of $0.40 per share, above our forecast of.
1
positive
EBITDA margin decreased to 18% from 50% during the period.
2
negative
Meanwhile, lighting sales started to rebound and show improvement.
1
positive
Revenues fell 5% in the quarter to $1.4 billion, spot on with our forecast,.
2
negative
Based on current valuations, we believe that LSI is undervalued and attractive, and we reiterate our Strong Buy rating and 12month stock-price target of $100..
1
positive
Also, our SFA 5-year DCF model, which assumes a 4.5% equity premium, 37% tax rate, 9.4% WACC, 1.1 beta, and 5% terminal growth rate, produces an intrinsic value of roughly $35 per share.
0
neutral
He presently serves on the board of directors of Redback Networks, Inc. (Nasdaq: RBAK; Buy-Speculative; $4.96), a communication products company.
0
neutral
Company Profile: May Department Stores Co., with fiscal 2004 (ended January 2004) sales of $13.3 billion, is the second largest department store company in the United States, operating 444 department stores and over 680 bridal/wedding stores in 46 states.
0
neutral
Lower tax rate and share count offset by lower contribution from Financial Services..
0
neutral
Another possible contributor is Hypersolve, a bromine-based solvent used for precision and electronic cleaning which is more environmentally friendly than ozone depleting solvents currently in use.
1
positive
To cope with cost pressures from raw and packaging materials, P&G is rolling out increases on diapers and dish detergents, categories in which Kimberly and Colgate are Procter's main competitors.
0
neutral
Certain financial initiatives focused on shareholder value which new CFO, Don Blair (ex-Pepsi-Cola Bottling SVP, Finance), is developing could be accretive.
1
positive