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ACAT inhibitor possibly no sedative effects for prevention and treatment of osteoporosis, prevention of breast cancer may not impair sexual function; enters phase III beginning 2001 nicotine partial agonist; taken orally.
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We, therefore, believe lasofoxifene will also have to take a very long time to get these specific indications listed on the label.
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Direct marketing to the commercial customer also appears to be successful.
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positive
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The "winning" style has varied by region, however; and style.
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positive
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Separately, total European announced M&A transactions fell 64.6% to $163.9 billion from $463.2 billion in 4Q99 and declined 8.1% from $178.5 billion in the prior quarter.
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Operating margin improved significantly to 15.1% in the quarter from 1.3% last year and 8.4% last quarter.
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positive
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China remains an important part of AIG's story, though we estimate it is less than 2-3% of earnings currently.
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neutral
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Exhibit 3: Reported Earnings Versus Credit Suisse and Consensus Estimates.
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neutral
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For example, we currently estimate that if we assumed zero contribution from market performance through year-end, LNC would have less than 1% reserve growth over the balance of the year.
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The management reacted quickly and smartly and put together a pricing and promotional program that, although expensive, drove traffic back into the units.
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positive
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Risks That May Impede Achievement Of Our Price Target Sales could fall below our expectations if the company is unable to achieve 5.0% - 7% same-store sales results in 2005.
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Historically, Aetna has not included future share repurchases in guidance, but given the visibility the company has into its future subsidiary dividends, it is now incorporating the impact of share repurchase in its guidance.
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neutral
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We believe that any additional Le Meridien transaction will provide incremental upside to our Starwood price target, given the company's focus on returns as well as its proven ability to repair ailing lodging brands.
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positive
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This compares to last year when the allowance was $407 million or 4.2% of receivables.
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neutral
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For 2000, we remain with our "below consensus" 2000 estimate of $1.55 per share.
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The auto trust data encompasses approximately 45% of the total auto portfolio.
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With over $3.7 billion in cash on hand and no debt maturing over the next six months, it does not matter whether the new facility is in place today or any date later this summer, in our view.
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Hence, we are maintaining our 2000 and 2001 EPS estimates..
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Early results with the flat pricing structure have been very positive, according to Mr.
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In the Intel-based server market, Dell has also performed well, gaining on average 290 Bps of share per year since 1998 and growing units almost 2.5x faster than the market.
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positive
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It estimates that a 25bp sudden drop in rates would result in negative $14.1m pretax income impact (or slightly more than a penny EPS)..
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Consumer pullback and the potential for flat to down sales/production in 2003 is likely to make earnings growth for auto manufacturers and suppliers more dependent upon individual company performance.
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negative
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Merck confirmed that this compound would be moving into Phase III clinical trials by the end of this year.
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neutral
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On the expense front, we estimate that the company would increase its pension expense by about $175 million to approximately $390 million in FY03, based on pension expense sensitivities provided by management.
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We caught the public's first glimpse of BBW's new "Pure Simplicity" face and body care line at a store in Boston--before the line's scheduled launch in September.
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neutral
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The USDA expects high dairy prices for the rest of 2007 as domestic demand for dairy products, particularly cheese remains strong.
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positive
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Longer-term, we expect that Avon's brand image and rep demographics will limit growth of the U.S. direct-selling business to below category rates.
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negative
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We are positive on the paper and forest products industry, based on record-low capacity growth..
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Multibranding not only improves unit economics but also broadens appeal of the concepts among consumers and improves the asset base of the three brands.
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positive
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Over the long term, we are modeling operating margins of 45% (up from 39% in FY06).
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This implies that Lucent's operations actually generated a loss per share of $0.04.
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Northwestern Mutual, MassMutual, and to a lesser extent, Principal Financial (PFG, 2M, $24.79).
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Put at 101 Windstream Notes Incremental indebtedness on the company and/or restricted subsidiaries may not exceed Consolidated Leverage Ratio of 4.50x .
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Where does the profit come from? Chubb's operations are organized into three main business segments.
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The shares trading at 85% of our $74 per share net asset value implies a $67 stock price.
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Strong underwriting profits and rising P&C rate environment drove operating cash flows to $1.06 billion in 3Q03 compared to $1.02 billion in 3Q02.
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positive
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Exhibit 4 Motorola 05 YTD Handset Shipments Regional Exposure.
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neutral
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Whether through its online retailing division, which should push sales, or its participation in Worldwide Retail Exchange, a business-to-business consortium of global retailers, which should trim costs, the company will make the most of this new medium, in our view.
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SU11248 appears to have direct antitumor activity, by blocking growth factor signaling on tumor cells, as well as indirect activity through the blocking of growth factor receptors on endothelial cells (antiangiogenic activity through inhibiting VEGF).
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positive
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Not only has it further improved Air Products' low-cost manufacturing position, but with most (75%) NF3 sold under 3- to 5-year contracts, Air Products' excess and high-quality capacity should make it the natural choice for customers looking for a secure, available supply of supplier NF3.
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positive
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pivotal trial, SIRIUS: 8-month angiographic follow-up data show 9% insegment restenosis in the coated stent arm versus 31% in the control arm.
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neutral
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As such, we believe that Citrix's stock performance could again improve, as consensus software license revenue forecasts trend higher based on our estimated positive impact from higher ASPs..
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positive
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Overall, we continue to believe it may be difficult for EMC to maintain its recent market share momentum, in terms of relative revenue growth, in 2006.
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WiMAX gathers momentum; remains a wild card: INTC continues to see steady progress in WiMAX, and has given the technology significant media attention in recent months.
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positive
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and somewhat surprised by management's announcement.
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neutral
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Peak Sulfur is the former non-core Arch Chemical business.
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neutral
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Service Contracts: Wal-Mart has begun to offer 2-year extended warrantees for TVs and computers priced over $300.
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neutral
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For full year 2003, we are now estimating private equity losses of $756 million, compared to only $5 million in our old model.
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EPS of $0.53 was in line with Street consensus and exceeded our estimate by $0.02.
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positive
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Company description: KeyCorp is an $85 billion bank holding company headquartered in Cleveland, Ohio.
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neutral
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We expect sensor and control revenue to increase 1% QoQ during 2Q05 due to seasonality.
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positive
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68% (compared with 66% in 2Q03) of residential customers subscribe to at least two vertical services or one of the company's key products (long distance, DSL, or wireless) and at the end of 3Q03, 36% of SBC residential customers subscribed to one of the company's key products (up from 31% 2Q03).
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positive
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Post Y2K Dividend Likely The company expects a healthy spending environment post Y2K.
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positive
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In addition, if the deal does not close, King will no longer be able to leverage Elan's 400-rep primary care sales force that was a part of the acquisition.
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neutral
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We note that our 2008 projection is currently $0.04 above the Street consensus of $2.37.
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positive
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We have been an industry leader in that area for a long time and continue to have multiples of our nearest competitors in terms of the assets that we service.
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positive
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However, we do remain cautious regarding our sales estimates due to: (1) the weakness in the company's DKNY missy jeans line which continues to prove challenging given the promotional status denim market.
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The question is what Malone might do with the increased financial flexibility.
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neutral
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Market Cap (USD) Shares outstanding (m) Free float (%) Volume (8 May 2007) Option volume (und.
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neutral
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On the FQ1:02 conference call, held May 14, Management stated that they expect FQ2:02 EPS to be between $0.43 and $0.44 vs. $0.37 last year, with comps between 5-7%.
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neutral
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With dramatically improved financial strength and operational and financial execution, we believe the company's fundamental performance is likely to exceed virtually all prior thresholds of its performance over the past decade and should thus enable the shares to trade above the upper threshold of its past 10-year historical trading range relative to the S&P 500..
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positive
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We believe that a strong 2003-04 US flu vaccine season is now adequately reflected in the price of CHIR shares.
| 2
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positive
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annuity buyers) are not the type to constantly shift their investment portfolio in search of every last point of return, so persistency is higher than its peers.
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positive
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In addition, we think AMR has modest revenue leverage stemming from improved connect traffic.
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positive
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TXU shares currently trade at 9.8x (a 26% discount to the sector) our FY05 EPS estimate of $3.90.
| 1
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neutral
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However, our positive view is somewhat tempered by the recent revitalization of Sam's Club, which poses a competitive threat to Costco, as both of these companies are targeting the small business member.
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negative
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Leveraging the installed base of copper and fiber for voice networks, carriers used such products as routers, multiplexers and switches to offer data services.
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neutral
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Year-to-date, spot prices for Northern Appalachian coal (i.e., Penn Rail) have averaged $42.87 per ton versus the 2005 average spot price of $51.81 per ton.
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neutral
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Many home users have purchased their PCs to gain Internet access, but 32% of those without Internet access have no intention to change the situation.
| 1
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neutral
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This included the anticipated receipt of $537 million tax refund, as well as the debt refinancing completed in the quarter.
| 1
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neutral
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With DJJ, NUE will internalize 4MM of the 23MM tons of scrap that it consumes annually and Nucor should capture the margins in these purchases.
| 1
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neutral
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What is the sentiment of this news? Please choose an answer from negative, neutral, or positive.
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Over the past two months, Qwest has filed applications with the FCC to provide long distance service in 9 of its 14 states, with a ruling from the FCC due on September 11th for five states and on October 10th for an additional four.
| 1
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neutral
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In the Paxil case, AG asserts "GSK embarked on a campaign both to suppress and conceal negative information".
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neutral
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However, given the above uncertainty as well as the prospects of the SEC challenging the company's purchase R&D charges, we believe that it is more prudent to move to the sidelines until these issues are resolved..
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negative
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Mgmt clearly expects some seasonal increase in demand.
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positive
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The company also reported property fund acquisitions of 0.9 million square feet at a total investment of $65.2 million in the quarter and 3.0 million square feet at $220.2 million in 2005.
| 1
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neutral
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What is the sentiment of this news? Please choose an answer from negative, neutral, or positive.
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Latin America (25% of Sales)--Reported sales grew 15% to $769 million.
| 2
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positive
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The $110 million hotel project is currently under construction and slated for completion during 1Q02.
| 1
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neutral
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Moreover, there always remains the risk of new legal action, either by governments or private claimants, including with respect to products that have not been scrutinized in the past..
| 0
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negative
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Figure 3. RiverSource Variable Annuity Sales, Q1 2005 Q4 2006 ($ in millions).
| 1
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neutral
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The Specialty Pharmaceuticals division is largely comprised of Commercial and Government businesses, both of which use Meridian's auto-injector technology.
| 1
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neutral
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What is the sentiment of this news? Please choose an answer from negative, neutral, or positive.
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This is especially so because AIG's cash flows were very strong and nonlife insurance reserves began growing at a much faster pace this quarter ($0.09/share impact); we viewed the quality of earnings as high.
| 2
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positive
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� International revenue was $1,294M, up 13% y/y and slightly below our estimate of.
| 0
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negative
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The Times, and other newspapers, need to capitalize on.
| 1
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neutral
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Price Target: (twelve months) for (PBI) Method: Discounted cash flow.
| 1
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neutral
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Additionally, OMC's P/E multiple is still a premium to the peer group.
| 1
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neutral
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What is the sentiment of this news? Please choose an answer from negative, neutral, or positive.
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The Special K brand, and its supportive weight loss-oriented promotional events have found success in multiple markets (US, UK), while the Company's Disney tie-ins have also found multi-market appeal (US, Mexico).
| 2
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positive
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What is the sentiment of this news? Please choose an answer from negative, neutral, or positive.
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And Namenda, which contributed $219M (+26% Y/Y) to product sales, $12M higher than our estimate, sales would have been only $7M higher than our estimate without the wholesaler stocking.
| 2
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positive
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What is the sentiment of this news? Please choose an answer from negative, neutral, or positive.
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CLX maintains leadership positions in its main categories with a #1 position in liquid bleach, #1 position in cleaners, #1 position in water filtration systems, #1 in auto care and a #1 position in plastic bags and wraps.
| 2
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positive
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What is the sentiment of this news? Please choose an answer from negative, neutral, or positive.
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D&E Markets Have Seen the Fastest Growth Rates in Paper Tissue The global market for retail and away-from-home paper tissue is estimated at $7.9 billion and has grown at a CAGR of 2.2%.
| 2
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positive
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What is the sentiment of this news? Please choose an answer from negative, neutral, or positive.
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Efficacy & Indications: Zeldox has shown efficacy against both the positive and negative symptoms of schizophrenia.
| 2
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positive
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What is the sentiment of this news? Please choose an answer from negative, neutral, or positive.
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In addition to falling private-sector demand, aggregates producers may soon have to grapple with shrinking state and local discretionary highway allocations (which represent fully 50% of all highway construction spending), as well as a potentially dramatic reduction in funding associated with the Revenue Aligned Budget Authority (RABA) provision of TEA-21 legislation.
| 0
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negative
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Fx, Speed Channel and the RSN's contributed the better than expected profits (our forecast already assumed the benefits from the NHL strike).
| 2
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positive
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What is the sentiment of this news? Please choose an answer from negative, neutral, or positive.
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Reiterate Hold We continue to believe INTC is fairly valued at current price levels.
| 1
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neutral
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What is the sentiment of this news? Please choose an answer from negative, neutral, or positive.
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We are initiating coverage of ICE with a Hold rating and an $80 price target.
| 1
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neutral
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What is the sentiment of this news? Please choose an answer from negative, neutral, or positive.
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Lincoln also made headway in managing the segment's expenses, which we expect to trend down as further costs are rationalized.
| 2
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positive
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What is the sentiment of this news? Please choose an answer from negative, neutral, or positive.
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Management attributed the strength in wireline revenues to increases in broadband and feature sales in addition to stable access minutes year-over-year.
| 2
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positive
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What is the sentiment of this news? Please choose an answer from negative, neutral, or positive.
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Note, we have revised our price objective to $18.00 from $30.00..
| 1
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neutral
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There have been five major form factor changes at Apple since the start of 2001 based on our criteria.
| 1
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neutral
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As such, we have modeled a slightly higher level of churn in 2003.
| 0
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negative
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What is the sentiment of this news? Please choose an answer from negative, neutral, or positive.
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