text stringlengths 47 679 | label int64 0 2 | label_text stringclasses 3
values |
|---|---|---|
In fiscal 2H03, several pharmaceutical vendors discontinued programs that were relatively lucrative to CAH from an inventory forward buying perspective in FY02 and 1H03. | 2 | negative |
Fourth-quarter EPS were in line to slightly ahead of our preannouncement-adjusted estimates on an operating basis. | 1 | positive |
The company should generate in excess of $200 million of free cash flow in 2004 and grow cash flow again in 2005. | 1 | positive |
Warner added 10 books to the NY Times Bestseller list in 3Q05. | 0 | neutral |
We expect the company to keep a tight lid on expense growth over the next few quarters -- in the June quarter, headcount will be reduced by about 100, after which Rational will have 3,500 employees, according to management. | 0 | neutral |
We attribute the improved gross margin trend to higher-than-expected pharmaceutical inflation during a seasonally heavy stockpiling period. | 1 | positive |
The incentives are in place to allow high performers to make a great deal of money. | 0 | neutral |
Jabil has reclassified its market segments into eight new market segments, from five. | 0 | neutral |
This argument is akin to saying that if a patent exists for "wheeled vehicles", another more specific patent for automobiles should not be allowed. | 0 | neutral |
Exhibit 1, below, outlines ENSCO's quarterly and annual performance, and includes Oppenheimer & Co. Inc. estimates for projected periods.. | 0 | neutral |
2003-04 Outlook We are maintaining our earnings estimate for 2003 at $1.25. | 0 | neutral |
MetaFrame is the server-side software product that lets applications run on any client. | 0 | neutral |
Importantly, if we were to exclude the $0.02 per share one-time 4Q04 legal settlement, bottler inventory charges in 1Q04 and other undisclosed items, the recurring earnings base of PEP is at least $2.35 per. | 0 | neutral |
II) Project pipeline and capital expenditures look full and growing. | 1 | positive |
The charts and graphs on which these observations are drawn are included in this note. | 0 | neutral |
When "macro snacks" are added which are growing sales at 5.6%, total Frito snack sales are up 3.8% YTD in food stores.. | 1 | positive |
GECS' diversity has allowed it to employ more leverage than Heller has historically. | 1 | positive |
NAND flash GM is more than 25% and helped drive corporate GM to 22.4% in FQ405. | 1 | positive |
Last February, ORX was awarded a 2.2-million acre exploration block off the northern coast of Australia in the Timor Sea. | 1 | positive |
The company did not hold a conference call in conjunction with the release; however, the company will report first quarter results on Wednesday, September 17th before the market opens, with a conference call to follow at 11:00 am ET.. | 0 | neutral |
(2) Leverage ratio equals total assets divided by tangible shareholders' equity. | 0 | neutral |
We reduced our 2008 GAAP EPS estimate from $1.40 to $1.27, since restructuring charges and a higher than estimated tax rate of 33% offset higher gross margins. | 2 | negative |
Energy and capacity from Greenfield is expected to be delivered to the Independent Electric System Operator of Ontario. | 0 | neutral |
As QTRN management further articulates its Q-Net platform and the synergies it creates with CRO, CSO and Envoy, we believe that QTRN's multiple will expand. | 1 | positive |
Should raw material costs rise significantly in excess of selling price increases, SHW could miss our earnings projections and the stock price could be hampered. | 2 | negative |
We were somewhat disappointed by the distribution executives' presentations.. | 2 | negative |
Note that AOL page views exclude non-AOL page views (i.e., ESPN.com) accessed via the AOL proprietary service. | 0 | neutral |
Net interest income in the quarter approximated $68 million (versus a charge of $11 million a year ago). | 0 | neutral |
We assume that ICD sales will step up to $140 million, from $89-91 million in 1997. | 1 | positive |
We project that AEE's earnings CAGR will be one to two percent over the next five years, with an average ROE of 11.1% and an average ROIC of 6.6%. | 0 | neutral |
2. Medtronic is involved in patent litigation with J&J's Cordis unit regarding stent deployment (balloon delivery). | 2 | negative |
We think the recent drop in Newell's stock price offers investors a good entry point into what we view as an improving fundamental story over the next few quarters. | 1 | positive |
For example, in the United States, pads make up 40% of the market and tampons and panty liners each account for 30%. | 0 | neutral |
11 proceeding, which will hear the September 30, 2002 trial of fraudulent transfer claims against SEE, issued a ruling on the legal standards applicable to the trial. | 0 | neutral |
We expect Cisco to confirm the commentary we have heard recently from both Extreme and Enterasys indicating that the pricing environment continues to hold. | 0 | neutral |
We expect ECU prices to be lower in 2Q because weakness in chlorine is offsetting caustic price gains. | 2 | negative |
* 1996 Actuals are pro forma to reflect acquisitions.. | 0 | neutral |
As the IRS gets more involved with consumer tax preparation and distribution, it may disrupt Intuit's niche. | 2 | negative |
FRX trades at a 10% premium to the CEUT Specialty Pharmaceutical Sector average and a 5% premium to the S&P 500, based on calendar 2005 P/Es. | 0 | neutral |
� Strong comp growth: JWN posted strong 4Q comp growth of +8.3%, an acceleration relative to 4Q05's +5.8% comp. | 1 | positive |
During the past few quarters Ultane appears to have helped reverse the negative trends seen for isoflurane, which faces generic competition. | 1 | positive |
During yesterday's conference call, management stated March quarter new Unicenter customer wins to be over 600 and voiced a healthy pipeline going forward. | 1 | positive |
Our $27 price target is based on the sum of separate valuations of the Corrugated Packaging and Building Products businesses. | 0 | neutral |
Distribution Distribution revenues increased 47% y/y reflecting strong demand for industrial engines, power generation and aftermarket services. | 1 | positive |
In addition, management indicated package volume has deteriorated to a decline of 4% in the month of June, from down 2% in both April and May due to the diversion of business as customers await a labor negotiation settlement with the Teamsters Union. | 2 | negative |
We believe the 9% figure should be regarded as outstanding given the tough 7% comparison Starbucks lapped from last January. | 1 | positive |
3) For Goodrich, a number of issues should act to offset, at least in part, the expected commercial aerospace decline. | 2 | negative |
Currently, S-A's Explorer 8000 is the only integrated box available for cable systems (but can be only be used on S-A based systems). | 1 | positive |
Our estimated 3Q03 pretax margin is 25% -- well above the average pretax margin of 20% over the last eight quarters. | 1 | positive |
Net of 100 closings, we project the store base will grow by 6%-7% this year. | 1 | positive |
First, many investors are skeptical of Fortunes' ability to integrate the Allied Domecq brands in a manner that will be as accretive as the $0.35 a share management is anticipating. | 2 | negative |
As such, we are raising our 2001 EPS estimate to $2.48 from $2.46, and our 2002 EPS estimate to $2.85 from $2.80 to reflect these. | 1 | positive |
At the same time, the company's net interest margins jumped by 13 basis points. | 1 | positive |
Reinsurance costs in 2008 are allocated as follows $225 million in the first quarter, $205 million in the second and $165 million in the third and fourth quarters. | 0 | neutral |
For our free cash flow analysis arrives, we derive the terminal value by applying an 18x multiple to the 2014E free cash flow. | 0 | neutral |
EPS of $0.57 were well ahead of estimates due mainly to lower-than-expected interest expense. | 1 | positive |
In Arizona, at the company's Morenci complex, management anticipates starting its concentrate leach circuit in the 3Q07. | 0 | neutral |
We have not factored in $0.05-0.10 of accretion from the Titan and ACS acquisitions. | 0 | neutral |
Overall, total core deposits increased 19% to $38.5 billion from $32.4 billion a year ago. | 1 | positive |
Education grew 11%, ahead of our 8% estimate, in spite of a soft quarter from higher ed and some delays in el-hi segment spending. | 1 | positive |
Above normal prepayment income 1x earnings from JV inv. | 0 | neutral |
Looking at other valuation metrics, Allergan has a 5% free cash flow yield, trades at 9.0 times 2009 EBITDA on an enterprise basis, and just 1.1 times on a PE/growth basis, roughly in line with its peer group.. | 0 | neutral |
Year over year, Humana has increased its MA membership by 18%, virtually all in PFFS.. | 1 | positive |
Assuming annual product sales level of $240 million, 70% operating contribution, $65 million in first-year amortization (1.5x $650MM for 15 years), lost interest income on $500 million at 1.5%, interest expense on $350 million at 3.5%, and incremental costs of the acquired sales force of 400 would give EPS accretion of... | 0 | neutral |
Kerr-McGee also owns an 80% interest of the Uerdingen plant in Germany (gross capacity of 100,000 metric tons per year), and an 80% interest in a plant in Antwerp, Belgium (gross 30,000 metric tons per year). | 0 | neutral |
Ulticom accounts for the remaining 10% of revenue and provides signaling software for wireless and wireline communications. | 0 | neutral |
Business sales remain weak, down 5%, but an improvement from the 11% drop in 1Q02 and 23% fall in 4Q01, driven by a lower order size and lower number of orders. | 2 | negative |
Priced at a 10% premium to regular Clorox bleach, Clorox Advantage has been a disappointment so far, adding virtually no incremental share and losing out to private label. | 2 | negative |
Yet we are convinced that gold is in a technical correction in a fundamental bull market. | 1 | positive |
Other than BI, we view vertical application business and systems management as possible next moves.. | 0 | neutral |
At this point, we are keeping unchanged our estimates on LU. | 0 | neutral |
2007 Could be the year for AMG162 (to arrest bone loss) and GDNF (Parkinson's Disease). | 0 | neutral |
Thus, spending to ensure a successful Cinacalcet launch could contributed to higher than anticipated SG&A spending in 2004.. | 0 | neutral |
Our 12-month price target of $77 assumes that, in a year, the stock trades at 34x our 2004 EPS estimate of $2.25. | 0 | neutral |
Coventry continued to describe the macro pricing environment in its markets as rational, noting that a modestly improved pricing environment in Pennsylvania contributed to membership stabilization there in January. | 1 | positive |
Already, Millipore has alliances with Applied Biosystems (ABI) and with Proteome Systems for sample prep tools and kits. | 0 | neutral |
We believe the Client business unit can improve its operating margins by 80 basis points in FY08 as it continues to benefit from revenue growth driven by Vista and absence of sales and marketing expenses related to new product launch. | 1 | positive |
This results in our EPS estimate of $2.85 including stock-based compensation.. | 0 | neutral |
The recent acquisition of RHC Spacemaster out of bankruptcy is out of line with the company's historical acquisition strategy. | 0 | neutral |
Our $30 price target is based on conservative DCF assumptions (8.5% WACC, 1.5% TVG) that we believe are likely to reflect new targets presented in two weeks, namely 4% annual revenue growth and 0.4-0.5 points of margin per year. | 0 | neutral |
Wiring Devices, which manufactures a full line of industrial, commercial and residential electrical wiring products, such as switches, wall outlets, connectors and receptacles, accounted for nearly 7% of Electrical Products segment revenues, or $250 million, in 2001. | 0 | neutral |
Third, about half of the assets in its variable annuity product are managed in-house, thereby helping the firm keep more profit (many competitors do not manage the assets in these products). | 1 | positive |
We believe order rates in Taiwan grew sharply from continuing investment in leading edge inspection capabilities by leading foundries. | 1 | positive |
Five Winners stores have been opened so far this year and plans call for a total of 87 stores at year-end (versus 76 last year). | 0 | neutral |
The reorganization plan is allowing Janus to expand product breadth more aggressively and also build upon the acquisitions of Bay Isle and INTECH. | 1 | positive |
Nevertheless, we want to point out that to achieve growth in the professional services area remains a very challenging task given the weak carrier capex trend. | 2 | negative |
Since implemented, the One Plan has returned significant operational results, which helped drive better financial performance. | 1 | positive |
On a pro forma basis, CCU operates 874 radio and 19 TV stations in the United States and has equity interests in over 240 radio stations internationally. | 0 | neutral |
XL announces second addition to NAC Re's reserves included as part of a $125 million fourth quarter 2000 charge to restructure NAC Re's operations as well as the operations of two other acquisitions (Intercargo and MidOcean). | 0 | neutral |
Natural gas production in the Lower 48 increased by 59 million cubic feet per day from the prior period, to 852 million cubic feet per day. | 1 | positive |
Fortunately, however, when things get better, they usually provide considerable upside surprise as well. | 1 | positive |
NI estimates that NIPSCO paid $6.1 million in MISO fees and that it expects to book $8 million in fees in 2005. | 0 | neutral |
The company benefits from a large and broad customer base that it has served in a similar fashion for more than a century. | 1 | positive |
A substantial increase in bandwidth demands as a result of the proliferation of new data intensive applications is forcing both service providers and enterprises to increase the capability of their networks. | 1 | positive |
At the same time, Sempra's business risks are expected to increase. | 2 | negative |
Positives � Better 4Q cost controls � operating expenses declined $7.5 mm q/q in 4Q to $92 mm. | 1 | positive |
High cost and high variability are issues this industry must overcome for widespread adoption of the technology. | 2 | negative |
Management reported that end markets appear to be improving, although at a slow pace. | 1 | positive |
Gross margins improved 90 basis points to 53.6%, well ahead of our forecast of a 10 BP increase to 52.8%. | 1 | positive |
Genzyme plans to seek FDA approval in 1H08 for Renvela's use in patients with chronic kidney disease but not yet on dialysis. | 1 | positive |
Subsets and Splits
Balanced Sentiment Sampled Data
Collects a balanced sample of positive, negative, and neutral labeled samples for potential training or analysis, but provides limited insight beyond the selection process itself.