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THE CHART: REBOUND IMMINENT!UP!
http://stockcharts.com/freecharts/gallery.html?s=NEOM
http://stockcharts.com/h-sc/ui?s=NEOM&p=D&yr=0&mn=3&dy=0&id=p61829176931 RSI(14)26
REGARDS.
These OTC Penny Stocks are Heating Up (VUQO, LFVN, CSOC, NEOM)
Posted on September 20, 2011 at 03:00 AM EDT
(EMAILWIRE.COM, September 20, 2011 ) Chicago, IL -- The Stockfather has researched several OTC penny stocks that have momentum heading into Tuesday.
The Stockfather publishes a stock newsletter that is free to subscribe at http://www.thestockfather.com. Here's a look at some of the stocks gaining momentum as reported by The Stockfather.
VuQo Holdings Corp (VUQO) closed Monday at $0.187, up .049 (35.51%) on volume of 470,161.
VuQo Holdings Corporation, through its subsidiaries, engages in developing, producing, distilling, bottling, packaging, distributing, and marketing wines and spirits.
The company offers VuQo Premium Vodka, which is distilled from coconut nectar. It distributes VuQo in California, Texas, and Georgia, the United States, as well as in Guam and the Philippines.
Lifevantage Corp (LFVN) closed at $1.60, up .08 (5.26%) on volume of 444,221.
Caduceus Soft Sys. (CSOC) closed at .135, up .035 (35.00%) on volume of 21,237,017.
Neomedia Techs (NEOM) closed at .022, down .0012 (-5.17%) on volume of 15,744,688.
To sign up for our free newsletter and for more information, visit http://www.thestockfather.com.
The Stockfather
Editor
312-345-1212
thestockfather@gmail.com
This is a press release. Press release distribution and press release services by EmailWire.Com: http://www.emailwire.com/us-press-release-distribution.php.
Source: EmailWire.Com
http://markets.financialcontent.com/mi.sacbee/news/read/19504823/these_otc_penny_stocks_are_heating_up_
regards
MORE THAN ONE IS GOING TO BRING A SURPRISE.
BEST REGARDS.
I AM IN TALKS WITH UNITED STATES MINING COMPANY TO STUDY OF TAON.PK, IF INTERESTED FOR ACQUIRED
IS SO HARD TO UNDERSTAND?
REGARDS.
This post is for Taon
I AM IN CONTACT WITH A MINING COMPANY IN THE UNITED STATES.
IS OPERATING IN PERU.
TAON.PK:
CAPITAL RESERVES ARE CALCULATED DE ORO, 900.000 OZ
THIS IS IMPORTANT FOR A MINING COMPANY. GOOD NEWS TO EXPECT. CLARIFICATION. ALL DEPENDS ON THE TRUTH.
HAVE NO MONEY, BUT HAS ALL ITS REPORTS TO DAY.
MANY COMPANY BE WORTH $ 0.5 AND ARE NOT THE RATING OTCOB. FAN ARE
REGARDS.
TAON Security Details
Share Structure
Market Value1 $278,324 a/o Aug 26, 2011
Shares Outstanding 397,605,877 a/o Jun 28, 2011
Float Not Available
Authorized Shares Unlimited a/o
Par Value 0.001
Shareholders
Shareholders of Record 36 a/o Jun 27, 2011
Corporate Actions Ex. Date Record Date Pay Date
Security Notes
•Capital Change=shs increased by 8 for 1 split Ex-date=03/24/2006.
•Capital Change=shs decreased by 1 for 200 split. Pay date=09/23/2009.
Short Selling Data
Short Interest 0 (-100%)
Jul 29, 2011
Significant Failures to Deliver No
Transfer Agent(s)
Empire Stock Transfer Inc.
PLEASE DO NOT INVENTIONS!!!
http://www.otcmarkets.com/stock/TAON/company-info
THIS POPULATION, FULL OF SHORT SELL
THIS PAGE IS MARKET WATCH THE DOW JONES. TOMORROW THE WORLD IS READING
http://www.marketwatch.com/story/tao-minerals-ltd-update-on-geological-programs-for-the-las-aguadas-and-mutata-projects-2011-08-17?reflink=MW_news_stmp
REGARDS.
SELL, AND NO MORE TEARS!!
REGARDS.
IF YOU BELIEVE THAT, WHY NOT SELL?
YOU, CONVINCE INVESTORS TO SELL?
I AM IN LIMA FOR WORK, AND WHEN THE COMPANY REPORT YOUR PRODUCTION , MANY WILL MOURN, FOR SELLING.
REGARDS.
THE NEW YORK TIME COMPANIES.
TAO MINERALS LTD FIGURE? YES!!
http://topics.nytimes.com/topics/news/business/companies/index.html
REGARDS.
NEW YORK TIME COMPANIES.
WHERE IS PORTAGE RESOURCES????? NO!!!!
http://topics.nytimes.com/topics/news/business/companies/index.html
TAO MINERALS LTD(TAON.PK)OTCOB YES! $0.001
REGARDS,
TAON:THE CHART, REBOUND IMMINENT
Get to the bottom, VERY GOOD TIME TO BUY MORE!
http://stockcharts.com/h-sc/ui?s=TAON&p=D&yr=0&mn=3&dy=0&id=p61829176931
REGARDS.
TAON: IS NOT CAVEAT EMPTOR!!!
IS OTCQB! OK?
http://www.otcmarkets.com/stock/TAON/company-info
REGARDS.
TAON:IS 100% LEGITIMATE.
WHY, HIRE A COMPANY SAFETY THIS YEAR?. TO SECURE THE AREA AND ARRANGED WITH THE PEASANTS.
TAON, WILL EXPLODE LIKE A ROCKET TO THE MOON.
REGARDS
TAON: WEB.
http://www.acolgen.org.co/article.php?sid=1254
REGARDS
TAON:TRASLATE.gold reserves reach 560 million dollars.
Tao Minerals suspends Canadian gold mining in Colombia ELN harassment
Operations will suspendiads until security improves in the region
Other news
In just seven months, attacks on electricity pylons doubled compared to all 2010
Isagen increased its profits 23% to $ 246,240 million
Peak demand energy Derivex Thursday ranged between $ 60 and $ 83kWh kWh
Isagen reprogrammed into operation of hydroelectric projects Amoyá July 2012
Marketing of gas went up three percent in July 2011
Archive
Wednesday, January 28, 2009 - The Ontario-based miner said it notified the authorities and only resume work when the mine safety Fang, Nechí near the river in the town of Caceres, Antioquia, improve .
First Page - News Agency -
Tao Minerals Ltd. .- Medellin - based in Ontario, Canada - complained to the Colombian authorities suspended operations at the mine Fang, Antioquia, by guerrilla harassment of the National Liberation Army, ELN, its employees .
The gold mine is located in an area de296 ha Nechí near the river in the town of Cáceres, in the region of Bajo Cauca Antioquia, near Cordoba.
Tao Minerals Ltd., which trades on the OTCBB - Nasdaq Canada - purchased mine Fang in June 2007 and estimated gold reserves reach 560 million dollars.
"Tao, Ltd. announces that due to security problems in the gold mine of Fang, has temporarily suspended mining works. The ELN guerrilla forces in the mine site employees have faced the Tao," said in a statement.
Tao said he has reported these events to the Colombian authorities, and only until the state of security in the region improves, the operations will remain suspended.
"Tao is hopeful that the operations will begin again soon, since security in Colombia has been steadily improving in recent years," the company said.
The Canadian began operations in last year's Fang, a mine that has historically occurred between 10 and 50 grams of gold per ton of material removed, but in some areas has come to produce enriched 250 grams of gold per ton.
Tao in February 2006 announced with the purchase of 100 per cent interest in the mine Risaldar La Golondrina in Narino, Colombia to Primecap Resources Inc., Las Vegas, Nevada, California and New S. A., Medellin, Colombia.
Previous news
----.----
Colombian Association of Electric Power Generators - ACOLGEN
----.----
Carrera 68D No. 25B-86 Office 331
Central Tower Building
Phone: 4275172/73 - Fax: 4275168
Bogotá, Colombia
Contact: acolgen@acolgen.org.co
http://webcache.googleusercontent.com/search?q=cache: vav0UgIkBvsJ:www.acolgen.org.co/article.php%3Fsid%3D125 4+tao+minerals+ltd&cd=6&hl=es&ct=clnk&gl=ar&source=www. google.com.ar
----------------------------------------------------- -------------
Tao Minerals Ltd., which trades on the OTCBB - Nasdaq Canada - purchased mine Fang in June 2007 and estimated gold reserves reach 560 million dollars.
IN 2007 THE OUNCE GOLD $ 650 APPROX.
UPDATE TO TODAY
REGARDS.
SOL: NASDAQ:Analyst Firms Making Recommendations:BUY
BREAN MURRAY CA
COLLINS STEWART
DEUTSCHE BK SEC
GOLDMAN SACHS
LAZARD
MACQUARIE CAPIT
PIPER JAFFRAY
ROTH CAPITAL PA
WELLS FARGO SEC
http://www.nasdaq.com/earnings/analyst_r...
----------------------------------------------------- -------------
CONSENSUS RECOMMENDATION:BUY TARGET: $9.50
http://www.nasdaq.com/earnings/analyst_s...
REGARDS
SOL: To Release Q2 Results Aug 09 [BMO]
Monday , August 08, 2011 13:00ET
Renesola Ltd (NYSE: SOL) is scheduled to release its Q2 financial results on August 09, 2011, before the market opens (BMO).
CONSENSUS ESTIMATES:
Q2 Revenue: $248.83 million
Q2 EPS: $0.18 per share
PREVIOUS PERIOD:
Prev Q2 Revenue: $253.88 million
Prev Q2 EPS: $0.42 per share
ADDITIONAL INFORMATION
Original Confirmation
The Company will also hold a related conference call to discuss these results.
Public Companies Associated with this story:
SOL
Knobias Subject Codes Associated with this story:
http://www.knobias.com/story.htm?eid=3.1.182273b46364f3146834052d97e3ce023166f6893fa60614490939c8e58fe08a
REGARDS.
TABLE: Confirmed Earnings Expected Tuesday, Aug 9
AOB American Oriental Bioengineering Inc Q2 AMC $81.94M 0.07
http://www.knobias.com/story.htm?eid=3.1.0d099cd1c4e0013ebffd47f85399b765cf0ccae2cbf90152f81631b78d9d2b98
REGARDS
Portage Resources (Pink:POTG): -25% The Selloff Accelerates as Promo in Rear View Mirror
Thursday July 28, 2011 - 10:35 AM EDT
PennyPayday.com: Articles
Northern, WI 7/27/2011 (PennyPayDay) -- CEO's beware, (Pink: POTG) is a shinning example of what happens when you cross the line between Market Awareness and deceptive stock promotion, and they should also be aware of who they hire as a vendor for these programs. We have been following POTG since this promo began and if u read back thru our articles you will see that we projected this stock to return to the .30 area which it hit today. We now project POTG to fall into single digits. Keep in mind we take no positions in POTG or any other stock we simply report price action. I feel sorry for the C-Level guys and shareholders who are still around after the promo guys are gone. I read an email from one of the vendors the other day, and it was comical to see the things they were saying about where the comapny could go - when in reality - the company has done nothing but make announcements. It may in fact be a company with good intentions, but now they will have a single didgit stock with little chance to use the shares as currency for financing. It is a sad story...and lends itself to the question? When will the system change? Also, I dont believe it's just a regulatory issue. I think there are too few options for CEO's to raise money and get attention, and they are sold a bill of goods from fast talking shell owners. I can give one small piece of advice ....use Social Media Tools, not Stock Promoters and create a database and oragnic growth of shareholders. If you want to know how to do this please call me anytime. -------------------------------------- PennyPayday Free Stock Quotes and Approach to the Stock Market PennyPayday focuses on bringing penny stocks and small-cap companies from all exchanges, such as (headlined company with ticker and hyperlinked), into the spotlight for investors seeking early development opportunities. PennyPayday has quickly become a recognized penny stock site and a top source for investors seeking information and research on today's emerging hot stocks. PennyPayday provides the investing public with stock market daily news, free real-time stock quotes, free stock charts, research for investing, as well as economic stories, videos, and market briefs from a staff of experienced and dedicated financial journalists. Sign up for our Free Newsletter today, and join the thousands already getting our emails on the hottest stocks to watch. Disclaimer: Neither http://www.pennypayday.com/disclaimer.aspx nor its officers, directors, partners, employees or anyone involved in the publication of this website or newsletters (“us” or “we”) is a registered investment adviser or licensed broker-dealer in any jurisdiction whatsoever. PennyPayday may or may not have been compensated by mentioned companies: (company and ticker hyperlinked). For full diclaimer/disclosure please read PennyPayday's disclaimer ( hyperlink to disclaimer page). Distributed by IntelBuilder Social Media Platform
REGARDS.
FOGC article
http://wallstreetdiscussions.com/news/?p=608
Regards.
FOGC Stock Analysis Video - July 14 (You Tube)
PennyStockAnalysis
Peru Mining Tax Increase Ahead?
By Vedran Vuk
Dear Reader,
Yesterday I read about a new company called Alta Bicycle Share in Forbes magazine. The service is pretty simple: At docking stations users can rent bikes with the swipe of a credit card.
Immediate problems with the service come to mind. Personally, I don't commute with a bike and neither do most people. The Zipcar service is one thing, but a rentable bike doesn't make much sense outside a vacation resort setting.
There's a second problem with the business model. Suppose I want to get around on a bike. Buying a bicycle isn't exactly going to break the bank. Zipcar works because owning a car is expensive and in many places highly inconvenient. There's the purchase price plus maintenance, insurance, parking fees, etc. With bikes, none of these issues exist. What's the point of renting a bike? It isn't exactly unaffordable or inconvenient to own one.
These seem like problems for this business model. But don't worry, Alison Cohen (founder of Alta Bicycle Share) has conquered them. Her goal is not to sell the service to consumers, but rather to the government. The article notes, "Cities buy the bikes and install docking stations where users can rent them with the swipe of a credit card. Alta looks after the bikes and collects payment, earning either a cut of the revenue or a flat annual management fee."
Why exactly does the government need to subsidize her bike business? If Alison's company wants to offer consumers an attractive service, I'm more than happy for her efforts. But rather than appeal to consumers, she's taking money from their back pockets through taxes.
In the print edition, above the article in big letters is the word "entrepreneurs." But is this what an entrepreneur really is? When folks say, "We need more entrepreneurship in this country," do they mean more businesses fighting for government contracts? I've mentioned this downward spiral in a previous article. When young businesspeople would rather find ways to sell their ideas to the government than to consumers, we're in real trouble. It reveals a change of mentality.
When a good government connection is more valuable than a good business idea, the end is near. This sort of business environment is a defining characteristic of every backward country in the world.
Often folks complain that our country doesn't produce anything tangible, and as a result, we're headed down the wrong path. But the route of courting government business is even worse. Consider this example: I visit my regular burger joint and order some food. The business pays its employees and earns a slight profit. I'm willing to pay more than the cost of the burger. The owner is better off, the employees get a wage, and I'm satisfied with the convenience.
Here's the problem with the government-contract bikes: The company apparently can't make it in the marketplace alone. Consumers aren't willing to pay for the service because they don't value it enough. When the government forces them to pay anyway, consumers are worse off, and the bike company is better off.
Maybe the service industry isn't the path to prosperity, but this form of government "entrepreneurship" is a straight shot for disaster. What makes free markets work is the voluntary exchange between parties. Each is better off in some form or another.
Yes, some are much better off than others. At the burger joint, I'm better off than having to go home and cook the burger myself. The business owner clearly benefits from the transaction. And the employee's wage is better than no wage at all. Everyone gets something.
In the case of Alta Bicycle Share, my life would be better without its existence. It's just another tax leech lobbying for my money to provide a service that I don't want. This isn't the way to prosperity, and it shouldn't be celebrated in the "entrepreneurs" section.
Follow-Up on Peru: Windfall Tax Still Lurking Ahead
by Andrey Dashkov
Ollanta Humala, the newly elected president of Peru, will take office on July 28th. Having focused on improving macroeconomic stability and reducing poverty and inequality during his campaign, he made a number of claims that didn't sound quite promising to the local mining industry. His proposals included extended control of mining or oil and gas concessions by the local communities and mining royalty increases.
Both would impact one of Peru's top business sectors. Peru, one of the world's leading copper and silver producers, is responsible for over 60 percent of exports and to a large extent, also for much of Peru's overall economic growth, including increased employment and reduced poverty (from over 48% in 2005 to 30% in 2010). Mining investments that are hoped to boost Peru's production are at stake as Peru's business climate may change for the worse. The rate of capital inflow has already started slowing down, as Bloomberg reports:
Investment has slowed over the past three months in Peru amid concern over Humala's proposals, Peru's National Society of Mining, Petroleum & Energy said July 7. As much as $42 billion in investment that aims to quadruple copper output by 2020 may be shelved if Humala changes investment rules, the group's president Pedro Martinez said.
Yet the Financial Times released an article this Wednesday stating that Humala may not be as harsh on mining as he appears. The current head of the country's central bank remains in power; his continued tenure in the Humala administration should serve as a signal of Humala's good economic intentions.
That may be the case, but private companies have slowed down investment in Peru: This May, the country's economy expanded at the slowest pace in fifteen months. The president of the Peruvian central bank - whose appointment seems to have meant that Humala has become less radical - himself didn't make it clear if the royalties are going to be introduced or not:
"If the mining tax regulation that's introduced allows the industry to remain competitive, mining investment will continue, albeit with delays," Velarde said today at an event in Lima. "Clear signals are needed for confidence to recover."
The delays, as one can see, seem to be happening already. The signals the investment community has been receiving so far are not reassuring: Producing companies will be invited for a conversation on "corporate social responsibility," while protests against a Canadian development-stage silver company turned deadly.
Advertisement
In conflicts like this, investors need reassurance that the government will act as a peaceful mediator, and that unfortunately does not seem to be the case with Humala, whose promises to battle inequality and poverty seem linked to a fight against one of the most profitable sectors in the economy. The notion of "competitive enough" that Humala and Velarde seem to apply to the local business climate seems illogical. Fortunately, we always take politicians' statements with a huge grain of salt and exited our Peru plays before the election.
Still, the place has a lot of metals, so we will be watching developments in Peru and reporting to you when the risk drops to a level that makes investing there attractive again.
[Investing in mining companies is a global game, where the rules can change without warning. Let Louis James and his team do the globetrotting and rock-kicking for you - try a risk-free trial subscription to Casey International Speculator today.]
Vedran Vuk
Casey Daily Dispatch Editor
B Riley & Co Raises PT on Popular Inc from $4.75 to $5.00
http://www.benzinga.com/analyst-ratings/price-target/11/07/1788157/b-riley-co-raises-pt-on-popular-inc-from-4-75-to-5-00
REGARDS.
BPOP: Q2 EPS 11c vs (28c) Beats 5c Est
Wednesday, July 20, 2011 08:06ET
QUARTER RESULTS
Popular Inc (BPOP) reported Q2 results ended June 2011. Q2 Revenues were $498.70M; -2.87% vs yr-ago; BEATING revenue consensus by +15.17%. Q2 EPS was 11c; +139.29% vs yr-ago; BEATING earnings consensus by +120.00%.
Q2 RESULTS Reported Year-Ago Y/Y Chg Estimate SURPRISE
---------- ------------ ------------ ---------- ------------ ----------
Revenues: $498.70M $513.43M -2.87% $433.00M +15.17%
---------- ------------ ------------ ---------- ------------ ----------
EPS: 11c (28c) +139.29% 5c +120.00%
---------- ------------ ------------ ---------- ------------ ----------
ORIGINAL EARNINGS RELEASE
Consensus estimate data provided by Reuters.
Visit Knobias.com for more indepth earnings information.
Public Companies Associated with this story:
BPOP
Knobias Subject Codes Associated with this story:
Earnings Release
http://www.knobias.com/story.htm?eid=3.1.12f90a8448b4df0c431aad35c3c3eabe950851a711876db4f28abe8b11e95abb
REGARDS
FORM 8-K FULL OF BPOP, LOOK!!READ PLEASE
http://xml.10kwizard.com/filing_raw.php?repo=tenk&ipage=7721074
REGARDS
NASDAQ:Analyst Firms Making Recommendations:STRONG BUY
B.RILEY & CO.
CANTOR FITZGERA
FBR CAP MARKETS
GOLDMAN SACHS
KEEFE BRUYETTE
MORGAN STANLEY
http://www.nasdaq.com/earnings/analyst_recommendations_new.asp?symbol=BPOP&selected=BPOP
REGARDS.
Pakistan's MCB Bank and Nokia team on mobile money
14 July, 2011 - 13:19
Pakistan's MCB Bank has signed a deal with handset manufacturer Nokia to push mobile banking in the country.
MCB has been offering mobile services for around two years, letting customers check accounts, view mini statements, transfer funds and pay bills through their handsets.
It hopes the partnership with Nokia will help extend its services to under-banked parts of the population. The deal will see Nokia handsets come with a pre-loaded money client right out of the box while customers can also download the capabilities.
Ali Mubashir Kazmi, group head, consumer banking, MCB, says: "The upside of our cooperation with Nokia in extending banking and payment services to a largely underserved segment of our society has the potential to both improve and transform not only millions of lives at home but also in other countries where MCB has financial services and banking operations running."
Nokia teamed with Union Bank of India and m-payment vendor Obopay on a similar project last year, pre-installing applications in its mobile devices.
Teppo Paavola, GM, mobile financial services, Nokia, says: "With our experience and expertise in the area and a reliable and right banking partner like MCB, we are very confident that Nokia will make life easier and better for millions in Pakistan with Nokia Money service."
http://www.finextra.com/news/fullstory.a...
REGARDS.
Microsoft envisions $100 Windows Phones
Posted on Jul 14th 2011 by Mark Raby
Here's another way Microsoft hopes it can compete in the hyper competitive smartphone race - price.
While today's smartphones are certainly much more affordable than they were just a few years ago, there's still a huge segment of the population that walk into a mobile phone store and want to walk out with a new phone, without a big immediate impact on their wallet.
So a $250 Verizon Thunderbolt is out of the question. So too are the myriad smartphones priced at what has become the industry standard of $200. But bring that price tag down to $99.99, and then you're talking about a whole new audience.
Microsoft thinks it can get that audience with Windows Phone 7.
As quoted by the company's official press site, Windows Phone division president Andrew Lees said at a recent event, "If you look even at the price of smartphones, a year ago all smartphones cost over $400 when they left their hardware manufacturer. Today, they're down to about $200, and next year, a smartphone that can run something like Windows Phone 7 will actually be down to $100 to $150."
Interestingly, the software giant has previously said it hopes to offer Windows Phone apps that are more expensive than the standard $1-$2 fare found on the iTunes App Store and Android Market.
So perhaps Microsoft wants to pull in consumers with low hardware prices and then lure them into buying more expensive apps - a higher-margin sector where it can rake in more profit.
It also helps that Microsoft's partnership with Nokia will kick in at the end of this year. Nokia has managed to reach huge economies of scale, allowing it to manufacture devices at a more cost-effective rate than most other companies.
And that is key if Microsoft plans to emerge in areas where Nokia still has a dominant presence - in under-developed countries where people use their phones as their only means of electronic communication. If it's possible to overlay Windows Phone 7 in those already-dominated-by-Nokia parts of the world, it could lead to cheaper costs to other markets as well.
Regardless, offering a more affordable smartphone solution is certainly a keen strategy to compete against Android and iOS phones, which may not be so quick to drop in price otherwise, so this may work.
http://www.tgdaily.com/mobility-brief/57...
REGARDS.
Nokia to campaign for $130 million in the fall to let UK know it just married Windows Phone
How do you explain to a person that enters the store for a Nokia, and there are millions of them around the globe, why the Nokia phones there look nothing like Nokia phones? The power of marketing, of course!
Nokia is planning to spend $127.5 million on a PR campaign in UK, aiming to explain the typical phone shopper that it has adopted Windows Phone as its mobile OS of choice, thus easing the transition for every wide-eyed customer that might be thinking what the heck is this touchscreen contraption with squares on the homescreen, but a Nokia logo above the display.
A brand repositioning campaign like this is no doubts necessary, since people who only accept Nokia as a cell phone maker, and there are a number of them, especially in emerging countries, will want to know what happened while their time for phone upgrade was approaching. The endeavor should be starting in October and run for six months. If Nokia is spending that much money solely in the UK, we can only imagine the total cost of brand repositioning globally
http://www.phonearena.com/news/Nokia-to-campaign-for-130-million-in-the-fall-to-let-UK-know-it-just-married-Windows-Phone_id20352?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+phonearena%2FySoL+%28Phone+Arena+-+Latest+News%29
REGARDS.
Nokia to publish second quarter 2011 results on July 21, 2011 and to provide regrouped historical results in advance
press release
July 14, 2011, 7:33 a.m. EDT
Nokia to publish second quarter 2011 results on July 21, 2011 and to provide regrouped historical results in advance
ESPOO, FINLAND, Jul 14, 2011 (MARKETWIRE via COMTEX) -- Nokia will publish its second quarter 2011 results on Thursday, July 21, 2011 at approximately 1 pm Finnish time (CET+1). The press release will be available on the Nokia website immediately after publication.
Additionally, Nokia plans to publish a stock exchange release in advance of the second quarter 2011 results announcement containing historical results (on an unaudited basis) of Nokia's Devices & Services business, regrouped for comparability purposes according to the new reporting format that reflects the operational structure that became effective on April 1, 2011. This information will be provided for the first quarter 2010 through first quarter 2011.
Nokia's analyst conference call on July 21, 2011 will begin at 3 pm Finnish time. A webcast of the conference call will be available at http://investors.nokia.com . Media representatives wishing to listen in may call +1 706 634 5012, conference ID 77233334.
Nokia publishes in stock exchange releases a summary of its interim reports only. The stock exchange releases include a quarter-specific link to the complete interim reports with tables in PDF-format. The complete second quarter 2011 interim report with tables will be available at http://www.nokia.com/results/Nokia_results2011Q2e.pdf . Investors should not rely on summaries of our interim reports only, but should review the complete interim reports with tables.
Additionally, the complete interim reports with tables will be available shortly after publication at www.nokia.com/financials in the section entitled "Quarterly and annual information", where you may also access our past quarterly and annual financial reports.
About Nokia
Nokia is committed to connecting people to what matters to them by combining advanced mobile technology with personalized services. More than 1.3 billion people connect to one another with a Nokia, from our most affordable voice-optimized mobile phones to advanced Internet-connected smartphones sold in virtually every market in the world. Through Ovi ( www.ovi.com ), people also enjoy access to maps and navigation on mobile, a rapidly expanding applications store, a growing catalog of digital music, free email and more. Nokia's NAVTEQ is a leader in comprehensive digital mapping and navigation services, and Nokia Siemens Networks is one of the leading providers of telecommunications infrastructure hardware, software and professional services globally.
This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: NOKIA via Thomson Reuters ONE
http://www.marketwatch.com/story/nokia-to-publish-second-quarter-2011-results-on-july-21-2011-and-to-provide-regrouped-historical-results-in-advance-2011-07-14-733300?reflink=MW_news_stmp
regards.
IMF says Greece must move faster on reforms
July 13, 2011 – By Dina Kyriakidou and George Georgiopoulos
ATHENS (Reuters) - The International Monetary Fund (IMF) said on Wednesday Greece must move faster on fiscal and structural reforms to avoid debt default and urged euro zone countries to decide how to support their troubled partner.
The IMF, which provided a 110-billion-euro lifeline to Greece along with the EU a year ago, said Athens has put in place measures to correct past inertia blamed for missing some bailout deal targets and now implementation was key.
"If reforms are not in place, debt is not sustainable, that's for sure," the IMF's mission chief for Greece, Poul Thomsen, told a conference call.
The IMF said Greece's economy would contract more than previously expected and debt would soar even more despite far-reaching deficit-cutting measures.
In its latest review of the debt-choked country, it praised the socialist government for deciding some taboo-breaking measures but said fact action was now needed to catch up.
"The authorities now need to move to vigorously implement these policies in a timely manner. Implementation will be the key subject for future reviews," it said.
"This urges the need for a faster pace in growth-enhancing structural reforms in Greece and a more comprehensive approach by the EU and IMF's policy to deal with Greece's fiscal sustainability program," EFG Eurobank economist Platon Monokroussos said, when asked to comment on the review.
BACK TO DRAWING BOARD
The bailout foresaw Greece returning to bond markets in 2012 but high borrowing costs are keeping the debt-ridden country away, forcing Greece's partners back to the drawing board to keep the debt crisis spreading to the rest of the euro zone.
The IMF said euro zone countries needed to decide how they would help Greece and that private sector involvement (PSI) in a second bailout for the country was appropriate.
"Given the impact PSI could have on Greece's credit rating, it is imperative for euro area member states to put in place mechanisms to guarantee liquidity support to Greece's banking system while a PSI operation is undertaken," it said.
Asked whether the IMF would provide further support to Greece, Thomsen said no request had been made.
The IMF revised its projections for growth, saying GDP would contract by 3.8 percent this year, compared to 3.0 percent predicted in the previous review, and said debt would peak at 172 percent of GDP in 2012.
The Fund praised the recent creation of a privatization agency to help rake in a targeted 50 billion euros in proceeds until 2015, and said the target was ambitious but achievable.
"The catalyst for the debt sustainability is the ambitious privatization program which will send a strong message to the markets," Nikos Magginas, economist at National Bank of Greece, told Reuters after the review was issued.
Measures improving tax administration to boost revenues and technical assistance to put them into effect are key to the success of the program, as is wider political support in the country, it said.
The conservative opposition has opposed the bailout plan, saying it stifles the economy, but supports some state selloffs. A public resentful with austerity has staged almost daily protests against the measures.
"This program does face significant implementation risks going forward but it represent the best option to resolve Greece's challenges and avoid broader contagion in Europe," the IMF said.
(Additional reporting by Renee Maltezou and Greg Roumeliotis; Editing by Peter Millership)
http://www.foxbusiness.com/markets/2011/...
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Moody's Expects Rtg Assigned To Existing Greek Covered Bonds To Be Assigned To Future Covered Bonds
Last update: 7/12/2011 8:27:12 AM
(MORE TO FOLLOW) Dow Jones Newswires (212-416-2400)
JNews provided by Dow Jones NewswiresSM, PR News Wire and Business Wire. Dow Jones Newswires is a service mark of Dow Jones & Company. PR News Wire is a Trademark of PR Newswire Association, Inc. Business Wire is a registered trademark and service mark of Business Wire.uly 12, 2011 08:27 ET (12:27 GMT)
REGARDS.
NBG:Ford Equity Research: STRONG BUY,Reiteration 7/08/11
Report Date: July 08, 2011
National Bank of Greece S.A.
NYSE: NBG
Price as of 07/08/2011
$1.30
Copyright ©2011 Ford Equity Research www.fordequity.com
STRONG BUY
Reiteration 7/08/11
We project that NBG will strongly outperform the market over the next 6 to 12 months. This
projection is based on our analysis of three key factors that influence common stock performance:
earnings strength, relative valuation, and recent price movement.
Previous Rating
Hold (5/23/10 - 11/26/10)
52-Week Price Range
$1.21 - $2.85
Market Capitalization
$6.21 Billions
Annual Dividend Yield
14.6%
Annual Dividend Rate
$0.19
Industry
Banks
Earnings Strength POSITIVE
very negative neutral very positive
EPS increased from $0.27 to an estimated $0.61 over
the past 5 quarters indicating an improving growth
rate. Analyst forecasts have recently been raised.
Relative Valuation VERY POSITIVE
very negative neutral very positive
Operating Earnings Yield of 46.9% ranks above 100%
of the companies covered by Ford.
Price Movement NEGATIVE
very negative neutral very positive
1-year price down 39.2%: VERY NEGATIVE
1-quarter down 27.8%: VERY POSITIVE
1-month down 1.5%: VERY POSITIVE
National Bank of Greece provides a range of financial services, including commercial and retail banking services (including mortgage lending),
investment banking, capital markets, venture capital and advisory services, asset management and insurance. The company is also engaged in
other businesses, including the hotel business, property management and real estate business and information and technology consulting. In
addition to its operations in Greece, the company operated in Turkey and in South Eastern Europe, where it maintains operations in Bulgaria, Serbia,
Romania, Albania, Cyprus and .the Former Yugoslav Republic of Macedonia.
Banks performance is NEGATIVE
Peer Group Comparsion
Overall Quality Recent Market EPS P/E P/B 1 year
Ticker Company Name Rating Rating Price Cap(B) (ttm) (mrq) (ttm) Price Change
NBG National Bank of Gree.. Strong Buy Average $1.30 $6.21 $0.50 2.60 0.55 -39.20
KB KB Financial Group, Inc. Buy Good $50.50 $19.508 $2.09 24.16 1.21 24.00
SHG Shinhan Financial Grou.. Buy Good $96.00 $22.762 $9.28 10.34 1.09 22.30
WF Woori Finance Holding.. Hold Good $39.94 $10.732 $4.36 9.16 0.80 10.90
$1.69
$1.30
NBG Price Performance
Trailing 10 Months
Average Price
Fiscal Year End - DEC 2006 2007 2008 2009 2010 TTM
Annual Operating
Earnings per Share ($)
0.68 0.94 0.92 0.65 0.39 0.50
Annual Revenue ($M)
5878 11714 11659 12472 9360 11056
Net Profit on Sales 27.5% 19.1% 19.3% 15.8% 19.9% 21.6%
Cash Flow/share $0.67 $1.13 $0.97 $0.54 $0.18 --
Book Value/share $5.00 $5.25 $4.25 $4.00 $2.38 $2.38
Return on Equity 13.6% 17.9% 21.6% 16.3% 16.4% 21.0%
Debt to Equity 46.0% 59.0% 26.0% 30.0% 20.0% --
Glossary Disclaimer Page 1 of 3
Report Date: July 08, 2011
National Bank of Greece S.A.
NYSE: NBG
Price as of 07/08/2011
$1.30
STRONG BUY
Glossary Disclaimer Copyright ©2011 Ford Equity Research www.fordequity.com
Recommendation Summary
Ford's Strong Buy on National Bank of Greece S.A. is the result of our systematic analysis on three basic characteristics: earnings strength, relative valuation, and
recent stock price movement. The company has produced a positive trend in earnings per share over the past 5 quarters. Because the company lacks sufficient
analyst estimate data, we place greater weight on the historical EPS trend as the measure of earnings strength. Based on operating earnings yield, the company is
undervalued when compared to all of the companies we cover. Share price changes over the past year indicates that NBG will perform poorly over the near term.
Earnings Strength is POSITIVE
Ford's earnings momentum measures the acceleration or deceleration in trailing 12 month
operating earnings per share growth. The upward curvature of the plotted points in the graph on
the right indicates that while National Bank of Greece S.A.'s earnings have increased from $0.27
to an estimated $0.61 over the past 5 quarters, they have shown acceleration in quarterly growth
rates when adjusted for the volatility of earnings. This indicates an improvement in future
earnings growth may occur.
Nearly 40 years of research have shown that the change in the growth of earnings per share is an
important factor that drives stock price performance. Ford measures earnings momentum and
analysts' forecast changes to get an early indication of changing earnings patterns.
Estimate data for National Bank of Greece S.A. is not available. However, the lack of analyst
forecast changes and a comparison of reported versus expected earnings does not inhibit our
ability to assess NBG's earnings strength. As a matter of fact, our research has shown that our
earnings momentum measure is a strong indicator of stock price performance in companies with
little or no analyst coverage.
TTM Operating EPS in US ($)
Positive earnings trend over past 5 quarters
0.27
9/10
0.27
12/10
0.39
3/11
0.50
6/11
0.61
9/11E
Earnings Momentum POSITIVE
very negative neutral very positive
Current FY Estimate Change NEUTRAL
very negative neutral very positive
Next Fiscal Year Estimate Change VERY NEGATIVE
very negative neutral very positive
Reported vs Expected EPS NA
very negative neutral very positive
Relative Valuation is VERY POSITIVE
National Bank of Greece S.A.'s operating earnings yield of 46.9% ranks above 100% of the other
companies in the Ford universe of stocks, indicating that it is undervalued. Ford measures the
relative valuation of each company against all other companies in our research universe.
Operating earnings yield, an earnings-to-price ratio based on the last 3 quarters of operating
earnings and the current quarter's estimate, has proven to be the most reliable relative valuation
measure. A stock may stay undervalued or overvalued for a long period of time. For this reason, it
is important to combine this factor with shorter-term predictive factors such as earnings
momentum or price momentum to identify more imminent valuation adjustments.
Operating Earnings Yield(%) within the Ford Universe
min max
Top 20%
Above Average
Average
Below Average
Bottom 20%
Earnings Yield -3 -100 3 5 8 1000+
NBG 46.9%
Operating Earnings Yield VERY POSITIVE
very negative neutral very positive
Price Movement is NEGATIVE
National Bank of Greece S.A.'s stock price is down 39.2% in the last 12 months, down 27.8% in
the past quarter and down 1.5% in the past month. This historical performance should lead to
below average price performance in the next one to three months.
Historical price action of a company's stock is an especially helpful measure used to identify
intermediate and short term performance potential. Long term historical performance is a good
predictor of future price performance, but much more importantly, large price movements over
the intermediate and short term tend to reverse themselves. Ford's price momentum measure
integrates historical long, intermediate and short term price changes, creating ratings that are
highest for stocks with strong twelve month price performance that have had a price
consolidation in the past quarter and month.
Stock Price is down 39.2% in the past year
NBG $1.30
07/10 2011
1 Year Price Change of -39.2% VERY NEGATIVE
very negative neutral very positive
1 Quarter Price Change of -27.8% VERY POSITIVE
very negative neutral very positive
1 Month Price Change of -1.5% VERY POSITIVE
very negative neutral very positive
Page 2 of 3
Report Date: July 08, 2011
National Bank of Greece S.A.
NYSE: NBG
Price as of 07/08/2011
$1.30
STRONG BUY
Copyright ©2011 Ford Equity Research www.fordequity.com
Ford Stock Ratings: Ford covers approximately 4,000 stocks using a proprietary
quantitative model that evaluates a company’s earnings strength, its relative valuation
and recent price movement. Ford’s five recommendation ratings include strong buy, buy,
hold, sell, strong sell. For all stocks in our coverage universe, ratings are generated each
week and reflect the fundamental and price data as of the last trading day of the week.
Ford Stock Percentage of 12-month Relative
Rating Universe With Rating Return Forecast
STRONG BUY 8.7% Significantly above average
BUY 16.6% Above average
HOLD 57.8% Average
SELL 11.9% Below average
STRONG SELL 5.0% Significantly below average
Earnings Strength: Earnings strength is a weighted combination of factors that
measure a company’s earnings growth performance. These include Ford’s proprietary
Earnings Momentum model, changes in analysts’ estimates for the current and next fiscal
year, and earnings surprises as compared to estimates. Combined score ratings and
percentiles are as follows: Very Positive – top 20%, Positive - next highest 20%, Neutral –
middle 20%, Negative - second lowest 20%, Very Negative – lowest 20%.
Relative Valuation: The coverage universe is sorted in descending order based on
Ford’s operating earnings yield measure. Operating earnings yield is the ratio of 12-month
operating earnings per share (including the current quarter estimated EPS) to closing
share price on the report date. Relative valuation ratings and percentiles are as follows:
Very Positive – top 20%, Positive - next highest 20%, Neutral – middle 20%, Negative -
second lowest 20%, Very Negative – lowest 20%.
Price Movement: Price movement is a proprietary evaluation based on a company’s
relative share price change in the past 1-year, 1-quarter and 1-month period. In the Ford
analysis, positive price changes in the past 1-year period are a favorable indication of
nearterm price gain. Conversely, positive price changes in the past quarter or month
periods can indicate a short-term overbought condition resulting in negative near-term
price change. Price movement score ratings and percentiles are as follows: Very Positive –
top 20%, Positive - next highest 20%, Neutral – middle 20%, Negative - second lowest
20%, Very Negative – lowest 20%.
Industry Performance: Ford measures the relative performance of the 88 industry
groups that we cover. The top 20% of industries based on our metric are expected to
have above average near-term performance and are classified as Positive. The bottom
20% based on the same metric are expected to have below average near-term
performance and are classified as Negative. The remaining middle 60% of industries are
expected to have average performance and are classified as Neutral.
Operating Earnings per Share: Earnings per share figures in the Ford Valuation
Bands, quarterly earnings series and 5-quarter earnings trend plot reflect Ford’s
operating earnings per share. Operating earnings per share are earnings per share from
continuing operations and before accounting changes that have been adjusted to
eliminate non-recurring and unusual items. In this way, earnings trend and valuation
measurements are not affected by one-time and non-operational items that can skew
earnings results.
Peer Group: Ford classifies each company in our coverage universe into one of 232
peer group categories based on industry group, products or services offered, annual sales
level and market capitalization. Peer groups, which are made up of between 3 and 8
companies, are a useful point of industry reference and a source for alternative ideas
within an industry.
Quality Rating: Quality Rating is based on factors that indicate a company’s overall
financial strength and earnings predictability. Each company in the Ford database is
assigned a quality rating ranging from A+ to C- based on size, debt level, earnings history
and industry stability. High quality stocks tend to have higher average market
capitalizations and annual sales, as well as lower average levels of debt as a percent of
equity and lower earnings variability. High quality stocks also tend to have lower
standard deviations of annual returns. Accordingly, a firm’s quality rating may be used to
gauge the risk associated with a particular stock. The Quality Rating letter grades are
translated into the following categories: A- and higher are High Quality; B and B+ are
Good Quality; B- is Average Quality; C+ is Low Quality; C and lower are Very Poor Quality.
Valuation Band: The Ford Valuation Band chart shows the price performance of the
stock over the past 5 year period in relation to its historical price/earnings valuation
range. The red and green lines indicate the highest and lowest P/E, respectively, in the
past 5 years multiplied by trailing 12-month operating earnings per share at the plotted
point. The end point prices shows the current share price (in black) along with the
potential high price based on the highest realized P/E in the past 5 years (in red),
potential low price based on lowest realized P/E in the past 5 years (in green), and
trailing 10-month average price (in yellow).
GBE:$370M a grand price for tower
Last Updated: 5:12 AM, June 29, 2011
Posted: 12:04 AM, June 29, 2011
Two Grand Central tower is the latest Midtown office building to hit the sales block with a value that could top $370 million.
Boston Properties, Goldman Sachs y Meraas Capital, la cual es controlada por el gobernante de Dubai, Sheikh Mohammed bin Rashid , ha contratado a Darcy Stacom y Bill Shanahan de CB Richard Ellis para comercializar la torre curva, alerta de Bienes Raíces informó.
The 667,000-square-foot building at 140 E. 45th St. was developed and later sold by Harry Macklowe for $448 million as part of his losing effort to hang onto other buildings.
About 20 percent is now available for lease through a Newmark team. The brokers did not return an e-mail requesting comment.
*
Documents show Hersha Hospitality is in contract to buy a still under construction Union Square-area hotel from McSam Hotel Group.
The 162-room hotel at 132 Fourth Ave. at E. 13th Street was supposed to have opened in late 2008. Under the agreement, Hersha will close in September 2012, presumably after it is ready for occupancy. No price could be learned and no one returned e-mails or calls for comment.
*
A stalled redevelopment at 241 Fifth Ave. can now move forward with its original 20-story design by Eran Chen of ODA architecture.
In a friendly foreclosure, Victor Homes has spent $20.5 million to take over the site that is now inhabited by the Fifth Avenue Bazaar.
Construction should begin this fall on a plan for 41 condominiums that has already been approved by Landmarks as it lies in the Madison Square North Historic District.
Yoav Oelsner and Jon Epstein of Grubb & Ellis handled the off-market transaction between Dan Shavolian of Foremost and Victor Homes of New Jersey, which is known for The Lumiere and Yoo in Gramercy.
*
Last week we told you that documents show Urban Outfitters may have a retail and office lease at the High Line Building at 450 W. 14th St. and mentioned the "money man" at Winthrop Realty Trust.
We can now reveal that the building's original development group, which is led by Charles Blaichman and includes -- as we've also discovered media mogul Barry Diller -- has stepped aside.
El edificio fue recapitalizado con $ 15 millones de Winthrop, una compañía que cotiza en bolsa. (Winthrop, por cierto, es uno de los pocos - si sólo - los inversores en el Stuyvesant Town / Peter Cooper de compra que tiene todo su dinero de vuelta.)
Winthrop now has a preferred equity interest in the leasehold for the 102,000-square-foot building designed by Morris Adjimi that was built adjacent to and over an old warehouse and the High Line park.
Along with done deals for the sixth through eighth floors for Theory/Helmet Lang and Alice + Olivia for floors 9 through 11, we've now unearthed two more transactions.
Branding company Sullivan & Co. has just leased the 12th floor of 7,300 square feet. "They are going from a traditional 645 Madison Ave. building and completely re-branding themselves by moving," said Glenn Markman of Cushman & Wakefield, who represented the tenant along with David Berke.
And it appears that the three top floors will be inhabited by Len Blavatnik's Access Industries, which is buying Warner Music Group.
El Newmark Knight Frank Brian Waterman y Korman lanza han sido los agentes de la oficina en el edificio para los desarrolladores, pero Winthrop también está supervisando el arrendamiento.
*
Vornado Realty Trust acaba de una lista de cinco características al por menor, incluidos los intereses de pleno dominio, condominio y cooperativa, en el Upper East Side, SoHo y de Union Square con Cushman & Wakefield a través de Nat Rockett .
Sources say the 132,808-square-foot portfolio could be sold as one-offs, in groups or as a portfolio for around $100 million -- less than $1,000 a foot.
According to the marketing flyer, the addresses include 387 W. Broadway/73 Wooster St.; 386 W. Broadway; 40-42 Thompson St., which has office space; 201 E. 66th St. and 23 W. 14th St.
Rockett did not return requests for comment.
*
Old fashioned, sealed bids are due Sept. 7 for a rare, old fashioned, 41-foot wide townhouse at 33 E. 67th St. that's owned by the Republic of Italy and now used by its board of trade.
The winning bid has to be over $32.2 million, says Glenn Tolchin of Jones Lang LaSalle, who is handling the marketing with colleague Ellen Herman.
The townhouse was designed by Robertson & Potter in 1903, and can be used for commercial or residential.
Once home to Hugh D. Au chincloss Jr. -- Jackie Kennedy Onassis's mom's second hus band -- the 18,789 square feet retains much of its origi nal detailing.
There are six fireplaces, a five- story spiral staircase and light on three sides.
"This represents an extremely rare opportunity for a discerning buyer to create an elegant personal residence or a prestigious corporate or foundation office," said Tolchin. Lois@BetweenTheBricks.com
http://www.nypost.com/p/news/business/grand_price_for_tower_MO3KKR03DEsfTgGYJihFgO?CMP=OTC-rss&FEEDNAME=
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GBE:THREE THINGS OF THIS BUSINESS
IF YOU DON'T LIKE, SELL. IN THIS BUSINESS YOU HAVE THREE THINGS. MONEY, BALLS AND PATIENCE. STILL LOW, BUY.
THINK. COMPANY FOR SALE IN TWO MONTHS.$1.5= 500% $2.00%= 700%
WHO BELIEVES THAT BUY THESE PRICES?
BUYERS. LOGIC??
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GBE:THE CHART, RSI(14)23.44,REBOUND IMMINENT!!
GIFT PRICE!!
http://stockcharts.com/h-sc/ui?s=GBE&p=D...
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Colliers Hires Team to Launch National Govt Services Practice
Another Six Grubb & Ellis Professionals Join Colliers D.C. Office
By Randyl Drummer
June 29, 2011
On the heels of a major expansion in the District and Northern Virginia unveiled last week, Colliers International announced Wednesday it has launched a government services practice group and hired three commercial real estate veterans to lead it.
The team headed by Kurt Stout, Charles Dilks, and Keith Lavey, who join Colliers from Grubb & Ellis along with three other associates, will provide consulting and contracting services nationally to government agencies. The six-member team will represent private sector landlords who lease space to government tenants and will also participate in the sale of government-leased properties.
Stout, Dilks and Lavey, who will be based in D.C., led Grubb & Ellis’ government services group for 13 years, completing more than 400 lease and sale transactions totaling more than 8 million square feet.
Colliers last week announced the launch of a new office in McLean, VA, and introduced a regional property management practice for the D.C. area.
http://www.costar.com/News/Article/Colliers-Hires-Team-to-Launch-National-Govt-Services-Practice/130076
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TOP 5 COMPANIES IN THE REAL ESTATE SERVICES INDUSTRY WITH THE HIGHEST LEVEL OF EFFICIENCY (ZIPR, FSRV, CBG, GBE, JLL)
Jun 28, 2011 (SmarTrend(R) News Watch via COMTEX) -- Below are the top five most-efficient companies in the Real Estate Services industry as ranked by Revenue Per Employee (RPE). Analysts use RPE as a measure to compare the productivity of companies in the same industry.
ZipRealty (NASDAQ:ZIPR - Snapshot Report) ranks first with an RPE of $0.71M; FirstService (NASDAQ:FSRV - Snapshot Report) ranks second with an RPE of $0.37M; and CB Richard Ellis Group (NYSE:CBG - Analyst Report) ranks third with an RPE of $0.17M.
Grubb & Ellis (NYSE:GBE - Snapshot Report) follows with an RPE of $0.13M and Jones Lang LaSalle (NYSE:JLL - Analyst Report) rounds out the top five with an RPE of $0.08M.
SmarTrend currently has shares of Grubb & Ellis in an Downtrend and issued the Downtrend alert on February 28, 2011 at $1.09. The stock has fallen 66.2% since the Downtrend alert was issued.
Write to Chip Brian at cbrian@mysmartrend.com
---------------------------------------------------------------------------------------------
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http://www.zacks.com/research/get_news.php?id=179l9911
REGARDS.