MSTR CRL DJ:INDU WMGI TSRA TERN STAA SONO RSYS PCTI NTGR MOBE MNT MSCC LAVA KRON KCP IRF ITMN IM FII EMBT DHB DSCM CPKI ABX AMMD BBOX SFNT LZB VSEA LEXR COLM MUSE JILL MERQ SYMC LOOK SYNA KLAC CSTR MET DENN WEBX WSSI ADPT MFE YELL SGMS SAPE IVGN ATVI CAB WEN GES ~ Earlier Find `
07/28/2005 05:45:09 PM StreetInsider Alert for MSTR RT$
Jul 28, 2005 (streetinsider.com via COMTEX) --MicroStrategy Inc (Nasdaq: MSTR) reported Q2 EPS of $1.12, 22 cents better than estimates. Revenues came in at $$65.4 millin versus the consensus of $63 million.
07/28/2005 05:35:47 PM StreetInsider Alert for CRL RT$
Jul 28, 2005 (streetinsider.com via COMTEX) --Charles River Laboratories Holdings (NYSE: CRL) reported Q2 EPS of $0.59, 1 cent worse than estimates. Revenues came in at $283.4 million versus the consensus of $285.16 million.
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07/28/2005 05:15:37 PM StreetInsider Alert for DJ:INDU
Post-DJ:INDU Recap Additions will be posted later this evening for review prior to tomorrow's Market Open. Have a great evening! - D. Fisher, Editor
Jul 28, 2005 (streetinsider.com via COMTEX) --The Dow finished 68.46 points higher to close at 10,706 the Nasdaq rose 12.22 points to close at 2,198, and the S&P 500 gained 6.93 points to close at 1,244.
The markets closed out the trading session in the green today, despite a spike in oil prices, as DaimlerChrysler AG (NYSE: DCX RT$) and Bristol-Myers Squibb (NYSE: BMY RT$) reported impressive results to lead a positive day of earnings. Volume was steady with 2.00 billion shares trading on the NYSE and 1.72 billion on the Nasdaq. Advancers outpaced decliners today by a margin of 24:9 on the NYSE and by 19:11 on the Nasdaq.
In individual stories, Nutrisystem (Nasdaq: NTRI RT$) closed 32.81% higher after beating Q2 estimates and guiding Q3, FY05 higher. On the downside, Prestige Brands (NYSE: PBH RT$) closed 40.62% lower after reporting disappointing Q1 results.
Tomorrow, traders will be watching for data from the Chain Deflator, GDP, Employment Cost Index, University of Michigan Consumer Sentiment and the Chicago PMI. The Chain Deflator, GDP and Employment Cost Index are all due to hit the wires at 8:30 A.M. University of Michigan Consumer Sentiment is scheduled for 9:45 A.M., and the Chicago PMI is expected at 10:00 A.M.
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07/28/2005 05:05:50 PM StreetInsider Alert for WMGI RT$
Jul 28, 2005 (streetinsider.com via COMTEX) --Wright Medical Group Inc (Nasdaq: WMGI) reported Q2 EPS of $0.22, 1 cent better than estimates. Revenues came in at $82.8 million versus the consensus of $84.40 million. Sees Q3 EPS of $0.16-$0.18 versus the consensus of $0.19 and FY05 EPS of $0.85-$0.88 versus the consensus of $0.89.
07/28/2005 05:05:49 PM StreetInsider Alert for TSRA RT$
Jul 28, 2005 (streetinsider.com via COMTEX) --Tessera Technologies (Nasdaq: TSRA) reported Q2 EPS of $0.23, 3 cents better than estimates. Revenues came in at $22.5 million versus the consensus of $21.51 million.
______ Find
07/28/2005 05:00:26 PM StreetInsider Alert for TERN RT$
Jul 28, 2005 (streetinsider.com via COMTEX) --Terayon Communication Systems (Nasdaq: TERN) reported a Q2 loss of $0.01, than estimates./0.00 Revenues came in at $29.5 million versus the consensus of $30.22 million. Sees a Q3 loss of $0.01- $0.03 profit versus the consensus of $0.03 profit.
07/28/2005 05:00:24 PM StreetInsider Alert for STAA RT$
Jul 28, 2005 (streetinsider.com via COMTEX) --Staar Surgical Co (Nasdaq: STAA) reported a Q2 loss of $0.09, 1 cent worse than estimates. Revenues came in at $13.9 million versus the consensus of $13.09 million.
07/28/2005 05:00:23 PM StreetInsider Alert for SONO RT$
Jul 28, 2005 (streetinsider.com via COMTEX) --SonoSite Inc (Nasdaq: SONO) reported a Q2 loss of $0.13, in-line with estimates. Revenues came in at $33.5 million versus the consensus of $33.87 million.
07/28/2005 05:00:23 PM StreetInsider Alert for RSYS RT$
Jul 28, 2005 (streetinsider.com via COMTEX) --Radisys Corp (Nasdaq: RSYS) reported Q2 EPS of $0.15, in-line with estimates. Revenues came in at $66 million versus the consensus of $64.67 million.
______ Find
07/28/2005 04:55:21 PM StreetInsider Alert for PCTI RT$
Jul 28, 2005 (streetinsider.com via COMTEX) --PC-Tel Inc (Nasdaq: PCTI) reported Q2 EPS of $0.02, may not be comparable to estimates. Revenues came in at $18.3 million versus the consensus of $15.64 million.
07/28/2005 04:55:20 PM StreetInsider Alert for NTGR RT$
Jul 28, 2005 (streetinsider.com via COMTEX) --NetGear Inc (Nasdaq: NTGR) reported Q2 EPS of $0.25, 1 cent better than estimates. Revenues came in at $107.6 million versus the consensus of $108.91 million.
07/28/2005 04:55:20 PM StreetInsider Alert for MOBE RT$
Jul 28, 2005 (streetinsider.com via COMTEX) --Mobility Electronics Inc (Nasdaq: MOBE) reported Q2 EPS of $0.02, 2 cents better than estimates. Revenues came in at $20.4 million versus the consensus of $20.35 million.
07/28/2005 04:55:18 PM StreetInsider Alert for MNT RT$
Jul 28, 2005 (streetinsider.com via COMTEX) --Mentor Corporation (NYSE: MNT) received an "approvable letter" from the FDA for its MemoryGel silicone gel-filled breast implants. The approvable letter stipulates a number of conditions which Mentor must satisfy in order to receive FDA approval to market and sell silicone gel-filled breast implants in the United States.
07/28/2005 04:55:18 PM StreetInsider Alert for MSCC RT$
Jul 28, 2005 (streetinsider.com via COMTEX) --Microsemi Corp (Nasdaq: MSCC) reported Q3 EPS of $0.18, 1 cent better than estimates. Revenues came in at $75.2 million versus the consensus of $75.58 million.
______ Find
07/28/2005 04:50:37 PM StreetInsider Alert for LAVA RT$
Jul 28, 2005 (streetinsider.com via COMTEX) --Magma Design Automation Inc (Nasdaq: LAVA) reported Q2 EPS of $0.09, 1 cent better estimates. Revenues came in at $38.8 million versus the consensus of $37.23 million.
07/28/2005 04:50:37 PM StreetInsider Alert for KRON RT$
Jul 28, 2005 (streetinsider.com via COMTEX) --Kronos Inc (Nasdaq: KRON) reported Q3 EPS of $0.39, 2 cents better than estimates. Revenues came in at $130 million versus the consensus of $128.98 million.
07/28/2005 04:50:36 PM StreetInsider Alert for KCP RT$
Jul 28, 2005 (streetinsider.com via COMTEX) --Kenneth Cole Productions Inc (NYSE: KCP) reported Q2 EPS of $0.38, in-line with estimates. Revenues came in at $119.3 million versus the consensus of $118 million. Sees Q3 EPS of $0.48-$0.52 versus the consensus of $0.71 and Q4EPS of $0.50-$0.54 versus the consensus of $0.58.
______ Find
07/28/2005 04:45:33 PM StreetInsider Alert for IRF RT$
Jul 28, 2005 (streetinsider.com via COMTEX) --International Rectifier Corp (NYSE: IRF) reported Q4 EPS of $0.54, 1 cent better than estimates. Revenues came in at $281.8 million versus the consensus of $281.62 million.
07/28/2005 04:45:32 PM StreetInsider Alert for ITMN RT$
Jul 28, 2005 (streetinsider.com via COMTEX) --Intermune Inc (Nasdaq: ITMN) reported a Q2 loss of $0.74, 24 cents worse than estimates. Revenues came in at $34.1 million versus the consensus of $37.97 million.
07/28/2005 04:45:32 PM StreetInsider Alert for IM RT$
Jul 28, 2005 (streetinsider.com via COMTEX) --Ingram Micro Inc (NYSE: IM) reported Q2 EPS of $0.30, 3 cents better than estimates. Revenues came in at $6.84 billion versus the consensus of $6.78 billion. Sees Q3 EPS of $0.29-$0.32 versus the consensus of $0.28.
______ Find
07/28/2005 04:40:33 PM StreetInsider Alert for FII RT$
Jul 28, 2005 (streetinsider.com via COMTEX) --Federated Investors, Inc (NYSE: FII) reported Q2 EPS of $0.35, may not be comparable to estimates. Revenues came in at $221.3 million versus the consensus of $214.60 million.
07/28/2005 04:40:32 PM StreetInsider Alert for EMBT RT$
Jul 28, 2005 (streetinsider.com via COMTEX) --EMBARCADERO TECH I (Nasdaq: EMBT) reported Q2 EPS of $0.05, in-line with estimates. Revenues came in at $14 million versus the consensus of $13.84 million.
07/28/2005 04:40:32 PM StreetInsider Alert for DHB RT$
Jul 28, 2005 (streetinsider.com via COMTEX) --DHB Industries Inc (NYSE: DHB) reported Q2 EPS of $0.17, in-line with estimates. Revenues came in at $88.2 million versus the consensus of $90.20 million.
07/28/2005 04:40:23 PM StreetInsider Alert for DSCM RT$
Jul 28, 2005 (streetinsider.com via COMTEX) --drugstore.com inc (Nasdaq: DSCM) reported a Q2 loss of $0.05, 2 cents better than estimates. Revenues came in at $96.9 million versus the consensus of $98.08 million.
07/28/2005 04:40:19 PM StreetInsider Alert for CPKI RT$
Jul 28, 2005 (streetinsider.com via COMTEX) --California Pizza Kitchen Inc (Nasdaq: CPKI) reported Q2 EPS of $0.32, 1 cent better than estimates. Revenues came in at $119.4 million versus the consensus of $118.50 million.
07/28/2005 04:40:18 PM StreetInsider Alert for ABX RT$
Jul 28, 2005 (streetinsider.com via COMTEX) --Barrick Gold Corp (NYSE: ABX) reported Q2 EPS of $0.10, 2 cents better than estimates.
______ Find
07/28/2005 04:35:46 PM StreetInsider Alert for AMMD RT$
Jul 28, 2005 (streetinsider.com via COMTEX) --American Medical Systems Holding Inc (Nasdaq: AMMD) reported Q2 EPS of $0.17, 1 cent better than estimates. Revenues came in at $65.6 million versus the consensus of $64.89 million.
07/28/2005 04:35:45 PM StreetInsider Alert for BBOX RT$
Jul 28, 2005 (streetinsider.com via COMTEX) --Black Box Corp (Nasdaq: BBOX) reported Q1 EPS of $0.75, 11 cents better than estimates. Revenues came in at $179 million versus the consensus of $158.33 million.
07/28/2005 04:35:45 PM StreetInsider Alert for SFNT RT$
Jul 28, 2005 (streetinsider.com via COMTEX) --SAFENET INC (Nasdaq: SFNT) reported Q2 EPS of $0.33, 2 cents worse than estimates. Revenues came in at $63.5 million versus the consensus of $62.41 million.
07/28/2005 04:35:44 PM StreetInsider Alert for LZB RT$
Jul 28, 2005 (streetinsider.com via COMTEX) --L-Z-Boy Incorporated (NYSE: LZB) announced today it now expects earnings per share for its first fiscal quarter ending July 30, 2005 to be in the range of $0.04 - $0.06 per diluted share. The previously announced range of diluted earnings per share was $0.10 - $0.14.
07/28/2005 04:35:44 PM StreetInsider Alert for VSEA RT$
Jul 28, 2005 (streetinsider.com via COMTEX) --Varian Semiconductor Equipment Associates Inc (Nasdaq: VSEA) reported Q3 EPS of $0.51, 2 cents better than estimates. Revenues came in at $166.7 million versus the consensus of $162.86 million. Sees Q4 EPS of $0.29-$0.37 versus the consensus of $0.46 and reveneus of $138-$148 million versus the consensus of $156.3 million.
______ Find
07/28/2005 04:30:26 PM StreetInsider Alert for LEXR RT$
Jul 28, 2005 (streetinsider.com via COMTEX) --Lexar Media Inc (Nasdaq: LEXR) reported a Q2 loss of $0.06 (includes benefit), may not be comparable to estimates. Revenues came in at $189.3 million versus the consensus of $200.03 million.
07/28/2005 04:30:24 PM StreetInsider Alert for COLM RT$
Jul 28, 2005 (streetinsider.com via COMTEX) --Columbia Sportswear Co (Nasdaq: COLM) reported Q2 EPS of $0.16, 8 cents better than estimates. Revenues came in at $186.2 million versus the consensus of $180 million.
07/28/2005 04:30:24 PM StreetInsider Alert for MUSE RT$
Jul 28, 2005 (streetinsider.com via COMTEX) --Micromuse Inc (Nasdaq: MUSE) reported Q3 EPS of $0.05, 1 cent better than estimates. Revenues came in at $39.3 million versus the consensus of $39.93 million.
______ Find
07/28/2005 04:25:35 PM StreetInsider Alert for JILL RT$
Jul 28, 2005 (streetinsider.com via COMTEX) --J. Jill Group Inc (The) (Nasdaq: JILL) reported Q2 EPS of $0.19, 18 cents better than estimates. Revenues came in at $117.4 million versus the consensus of $116.03 million.
07/28/2005 04:25:35 PM StreetInsider Alert for MERQ RT$
Jul 28, 2005 (streetinsider.com via COMTEX) --Mercury Interactive Corp (Nasdaq: MERQ) reported Q2 EPS of $0.37, 4 cents better than estimates. Revenues came in at $207.1 million versus the consensus of $204.76 million.
07/28/2005 04:25:34 PM StreetInsider Alert for SYMC RT$
Jul 28, 2005 (streetinsider.com via COMTEX) --Symantec Corp (Nasdaq: SYMC) reported Q1 EPS of $0.27, 2 cents better than estimates. Revenues came in at $699.9 million versus the consensus of $712.26 million.
07/28/2005 04:25:32 PM StreetInsider Alert for LOOK RT$
Jul 28, 2005 (streetinsider.com via COMTEX) --LookSmart Ltd (Nasdaq: LOOK) reported a GAAP Q2 loss of $0.05, may not be comparable to estimates. Revenues came in at $10.2 million versus the consensus of $12 million. Sees Q3 revenues of $7-$8 million versus the consensus of $12.7 million.
______ Find
07/28/2005 04:20:29 PM StreetInsider Alert for SYNA RT$
Jul 28, 2005 (streetinsider.com via COMTEX) --Synaptics Inc (Nasdaq: SYNA) reported Q4 EPS of $0.41, may not be comparable to estimates. Revenues came in at $56.8 million versus the consensus of $56.55 million.
07/28/2005 04:20:28 PM StreetInsider Alert for KLAC RT$
Jul 28, 2005 (streetinsider.com via COMTEX) --KLA Tencor Corp (Nasdaq: KLAC) reported Q4 EPS of $0.52, 4 cents better than estimates. Revenues came in at $491.9 million versus the consensus of $497.23 million.
07/28/2005 04:20:27 PM StreetInsider Alert for CSTR RT$
Jul 28, 2005 (streetinsider.com via COMTEX) --Coinstar Inc (Nasdaq: CSTR) reported Q2 EPS of $0.24, in-line with estimates. Revenues came in at $109.8 million versus the consensus of $111.80 million. Sees Q3 EPS of $0.26-$0.32 versus the consensus of $0.35.
07/28/2005 04:20:26 PM StreetInsider Alert for MET RT$
Jul 28, 2005 (streetinsider.com via COMTEX) --MetLife Inc (NYSE: MET) reported Q2 EPS of $1.17, 25 cents better than estimates.
______ Find
07/28/2005 04:15:36 PM StreetInsider Alert for DENN RT$
Jul 28, 2005 (streetinsider.com via COMTEX) --DENNYS CORP (Nasdaq: DENN) reported Q2 EPS of $0.02 (includes a charge), may not be comparable to estimates of $0.03. Revenues came in at $247 million versus the consensus of $246.04 million.
07/28/2005 04:15:35 PM StreetInsider Alert for WEBX RT$
Jul 28, 2005 (streetinsider.com via COMTEX) --Webex Communications Inc (Nasdaq: WEBX) reported Q2 EPS of $0.29, 1 cent better than estimates. Revenues came in at $75.3 million versus the consensus of $75.04 million.
07/28/2005 04:15:35 PM StreetInsider Alert for WSSI RT$
Jul 28, 2005 (streetinsider.com via COMTEX) --WebSideStory Inc (Nasdaq: WSSI) reported Q2 EPS of $0.10, in-line with estimates. Revenues came in at $9.41 million versus the consensus of $9.29 million.
07/28/2005 04:15:34 PM StreetInsider Alert for ADPT RT$
Jul 28, 2005 (streetinsider.com via COMTEX) --Adaptec Inc (Nasdaq: ADPT) reported a Q2 loss of $0.13, 6 cents worse than estimates. Revenues came in at $105.9 million versus the consensus of $104.24 million.
07/28/2005 04:15:33 PM StreetInsider Alert for MFE RT$
Jul 28, 2005 (streetinsider.com via COMTEX) --McAfee Inc (NYSE: MFE) reported Q2 EPS of $0.31, 6 cents better than estimates. Revenues came in at $245 million versus the consensus of $227.68 million. Sees FY05 EPS of $1.20-$1.25 versus the consensus of $1.17 and FY05 revenues of $980 million-$1 billion versus the consensus of $969.4 million.
______ Find
07/28/2005 04:11:01 PM StreetInsider Alert for YELL RT$
Jul 28, 2005 (streetinsider.com via COMTEX) --Yellow Roadway Corporation (Nasdaq: YELL) reported Q2 EPS of $1.40, 2 cents better than estimates. Revenues came in at $2.09 billion versus the consensus of $2.24 billion.
______ Find
07/28/2005 04:10:57 PM StreetInsider Alert for SGMS RT$
Jul 28, 2005 (streetinsider.com via COMTEX) --Scientific Games Corp (Nasdaq: SGMS) reported Q2 EPS of $0.27, 1 cent better than estimates. Revenues came in at $197.4 million versus the consensus of $184.60 million.
07/28/2005 04:10:56 PM StreetInsider Alert for SAPE RT$
Jul 28, 2005 (streetinsider.com via COMTEX) --Sapient Corp (Nasdaq: SAPE) reported Q2 EPS of $0.06, in-line with estimates. Revenues came in at $76.3 million versus the consensus of $78.64 million.
07/28/2005 04:10:56 PM StreetInsider Alert for IVGN RT$
Jul 28, 2005 (streetinsider.com via COMTEX) --Invitrogen Corp (Nasdaq: IVGN) reported Q2 EPS of $0.87, 1 cent better than estimates. Revenues came in at $306.5 million versus the consensus of $300.90 million.
______ Find
07/28/2005 04:06:15 PM StreetInsider Alert for ATVI RT$
Jul 28, 2005 (streetinsider.com via COMTEX) --Activision Inc (Nasdaq: ATVI) reported a Q1 loss of $0.02, 1 cent better than estimates. Revenues came in at $241.1 million versus the consensus of $203.81 million. this window
07/28/2005 04:06:15 PM StreetInsider Alert for CAB RT$
Jul 28, 2005 (streetinsider.com via COMTEX) --Cabela's Inc (NYSE: CAB) reported Q2 EPS of $0.09, 4 cents better than estimates. Revenues came in at $343.9 million versus the consensus of $317.68 million.
07/28/2005 04:06:06 PM StreetInsider Alert for WEN RT$
Jul 28, 2005 (streetinsider.com via COMTEX) --Wendy's International Inc (NYSE: WEN) reported Q2 EPS of $0.61, 4 cents better than estimates. Revenues came in at $951 million versus the consensus of $956.44 million.
07/28/2005 04:06:05 PM StreetInsider Alert for GES RT$
Jul 28, 2005 (streetinsider.com via COMTEX) --Guess ? Inc (NYSE: GES) reported Q2 EPS of $0.09, 6 cents better than estimates. Revenues came in at $178.2 million versus the consensus of $174.87 million.
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CHTT BJS FBN DADE ~ Earlier Find `
07/28/2005 03:40:25 PM StreetInsider Alert for CHTT RT$
Jul 28, 2005 (streetinsider.com via COMTEX) --Chattem Inc (NASDAQ: CHTT) disclosed in an 8-k filing that they increased the total authorization to repurchase the Company's common stock under the Company's stock buyback program to $30.0 million. Prior to the increase, a total of $17.3 million remained available under the Company's previously announced $30.0 million stock buyback authority approved by the Board of Directors in January 2005. The Company is limited in its ability to repurchase shares of its common stock under the terms of its revolving credit facility and note indentures.
______ Find
07/28/2005 03:01:20 PM Briefing.com: Hourly In Play (R) - 15:00 ET
Jul 28, 2005 (Briefing.com via COMTEX) --Hourly In Play (R)
Updated: 28-Jul-05 15:00 ET
14:54
Dow Industrial Average climbs above 10700 to notch a fresh 3-1/2 month high
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07/28/2005 02:25:15 PM StreetInsider Alert for BJS RT$
Jul 28, 2005 (streetinsider.com via COMTEX) --BJ Services Company (NYSE: BJS) declared a 2-for-1 stock split. The Board of Directors also approved a 25% increase in the Company's quarterly cash dividend, and declared a cash dividend payable on October 14, 2005 to shareholders of record on September 15, 2005. On a post-split basis the dividend will be increased from $.04 per share to $.05 per share. On a pre-split basis the quarterly dividend was $.08 per share.
07/28/2005 02:15:23 PM StreetInsider Alert for FBN RT$
Jul 28, 2005 (streetinsider.com via COMTEX) --The Board of Furniture Brands International, Inc. (NYSE: FBN) announced that it has authorized the repurchase of an additional $100 million of its outstanding common stock over the next twelve months. This new authority is in addition to the existing authority to repurchase $50 million of the company's outstanding common stock, which authority is set to expire on July 29, 2005. Approximately $20 million of that original authority has not yet been used.
07/28/2005 02:10:15 PM StreetInsider Alert for DADE RT$
Jul 28, 2005 (streetinsider.com via COMTEX) --Dade Behring (NASDAQ: DADE) announced that its board of directors has approved a two-for-one split of the company's common stock in the form of a stock dividend of one share for each outstanding share. The number of Dade Behring Holdings, Inc. outstanding common shares will double to approximately 89 million. On August 29, 2005, each shareholder of record at the close of business August 15, 2005, will receive an additional share of stock for each outstanding share owned.
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DJ:INDU CRTQ Briefing.com PRX ~ Earlier Find `
07/28/2005 01:45:20 PM StreetInsider Alert for DJ:INDU
Prestige Brands (NYSE: PBH RT$) 40.82% LOWER; reported disappointing Q1 results. In addition, Raymond James and Suntrust downgraded the stock.
Pixelworks (Nasdaq: PXLW RT$) 28.51% LOWER; reported disappointing Q2 results and guided Q3 lower. In addition, numerous firms downgraded the stock.
Great Wolf Resorts (Nasdaq: WOLF RT$) 28.02% LOWER; reported disappointing Q2 results and Raymond James downgraded the stock from Strong Buy to Market Perform.
Gravity (Nasdaq: GRVY RT$) 13.24% LOWER; warned for Q2, FY05.
Actuate (Nasdaq: ACTU RT$) 12.44% HIGHER; beat Q2 EPS estimates by 3 cents. In addition, JMP Securities upgraded the stock.
______ Find
07/28/2005 01:02:21 PM Briefing.com: Stock Market Update - 13:00 ET
Jul 28, 2005 (Briefing.com via COMTEX) --Stock Market Update
Updated: 28-Jul-05
The market at 13:00 ET
Dow: +43...
Nasdaq: +6... S&P: +4.61...
NYSE Vol: 826 mln.. Adv: 2131.. Dec: 1024
Nasdaq Vol: 946 mln.. Adv: 1618.. Dec: 1302
Moving the Market
Sector Watch
10-yr note +10/32 at 4.21% Strong earnings from XOM, BMY, NOC, PD, MRO while GP, APA and WMI disappoint
Strong: telecom svc, health care, consumer discretionary, materials, industrials, financial, utilities, homebuilding, transportation, drug, banks, networking
Weak: tech, energy, hardware, software, biotech
13:00 ET
Dow +43, Nasdaq +6, S&P +4.61
[BRIEFING.COM] Not much changed over the last hour as market internals still suggest a modestly bullish bias... Advancers on the NYSE hold a more than 2 to 1 advantage over decliners while advancing issues on the Nasdaq, which were evenly matched with declining issues most of the morning, now hold a 16 to 13 margin... Meanwhile, the Dow, S&P and Nasdaq continue to trade well above initial support levels; however, ongoing consolidation throughout technology and biotech have so far prevented the Composite from breaching resistance near the 2200 level... ..SOX -0.3%. ..BTK -0.3%. ..NYSE Adv/Dec 2131/1024. ..NASDAQ Adv/Dec 1618/1302.
12:30 ET
Dow +43, Nasdaq +6, S&P +4.48
[BRIEFING.COM] Stocks continue to trade near session highs, getting some additional support amid a reversal in oil prices... Within the last 15 minutes, crude oil futures ($58.85/bbl -$0.26) have turned negative for the first time today... However, since the commodity's move to the downside has been modest at best, the major averages have held their ground at current levels... ..NYSE Adv/Dec 2078/1039. ..NASDAQ Adv/Dec 1612/1259.
12:00 ET
Dow +41, Nasdaq +5, S&P +4.32
[BRIEFING.COM] Market holding onto modest gains midday as investors digest another flood of upbeat earnings reports... Garnering the bulk of the attention this morning has been ExxonMobil (XOM 59.40 -0.20), which beat analysts' forecasts by a penny on record Q2 net income of $7.6 bln and revenues of $88.6 bln... Even though the stock has sold off on the news, since some analysts had even higher expectations for the oil giant, underlying sentiment remains rather positive, as eight out of ten economic sectors have traded higher... Pacing the day's gains for a second consecutive session has been Telecom Services has again paced the way higher amid reports of new legislation that could help carriers like SBC and VZ coupled with strong Q2 earnings and upside FY05 guidance from CenturyTel (CTL 34.10 +0.50)... Providing the bulk of the leadership, however, has been Health Care, benefiting from a rebound in HMOs following an encouraging Q2 report from Aetna (AET 77.38 +2.76) as well as strength in the drug group after Bristol-Myers (BMY 25.41 +0.31) beat estimates by $0.11 and raised its FY05 outlook... The Consumer Discretionary sector has also been an influential leader to the upside, taking advantage of strong earnings reports from SBUX, PHM, AN, NWL and SNA, as well as a Merrill Lynch upgrade on LTD... Industrials have also shown relative strength, led by a Merrill Lynch upgrade on Honeywell (HON 38.87 +0.85) to Buy from Hold as well as strong quarterly performances from NOC, COL, PH, GR and R... Even amid strong Q2 reports from the likes of XOM and MRO and rising oil prices ($59.20/bbl +$0.09), however, Energy has paced the way lower amid widespread consolidation, a Q2 disappointment from Apache Oil (APA 69.17 -1.32) and analyst downgrades on EOG Resources (EOG 60.10 -3.69)... Technology has also lost ground, as losses in hardware, software and chip stocks, primarily from NTAP, CA and LSI, respectively, have overshadowed gains in networking (i.e. MOT)... Separately, initial claims rose 5K to 310K (consensus 320K), leaving a 4-week average of 318K - the lowest since early March, but the report has been largely ignored in favor of the quarter's largest day of earnings reports... ..DJTA +0.7%. ..DJUA +0.5%. ..SOX -0.2%. ..DOT +0.5%. ..BTK -0.2%. ..Nasdaq 100 +0.3%. ..S&P Midcap 400 +0.5%. ..Russell 2000 +0.3%. ..NYSE Adv/Dec 1943/1140. ..NASDAQ Adv/Dec 1512/1319.
______ Find
07/28/2005 11:45:22 AM StreetInsider Alert for PRX RT$
Jul 28, 2005 (streetinsider.com via COMTEX) --First Albany downgrades Par Pharmaceutical Companies Inc (NYSE: PRX) from 'strong buy' to 'neutral'. The analyst said a recovery based on product approvals has not played out and several key products remain stuck at the FDA.
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Gravity (Nasdaq: GRVY RT$) 27.02% LOWER; warned for Q2, FY05.
Great Wolf Resorts (Nasdaq: WOLF RT$) 24.84% LOWER; reported disappointing Q2 results and Raymond James downgraded the stock from Strong Buy to Market Perform.
Pixelworks (Nasdaq: PXLW RT$) 24.28% LOWER; reported disappointing Q2 results and guided Q3 lower. In addition, numerous firms downgraded the stock.
Actuate (Nasdaq: ACTU RT$) 13.93% HIGHER; beat Q2 EPS estimates by 3 cents. In addition, JMP Securities upgraded the stock.
DepoMed (Nasdaq: DEPO RT$) 13.87% HIGHER; licensed Proquin XR (to treat urinary tract infections) to Esprit for a $50 million license fee.
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07/28/2005 10:35:25 AM StreetInsider Alert for KTEC RT$
Jul 28, 2005 (streetinsider.com via COMTEX) --Key Technology, Inc. (Nasdaq: KTEC) is 19% higher in early action after reporting strong Q3 results. The company said earnings came in at $0.52 per diluted share, compared with $0.38 per diluted share from the year-ago period. Net sales totaled $25.9 million, compared with $22.2 million.
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07/28/2005 10:20:26 AM StreetInsider Alert for DIET RT$
Jul 28, 2005 (streetinsider.com via COMTEX) --eDiets.com, Inc. (NASDAQ: DIET) is 24% higher this morning after reporting record Q2 results. The company reported earings of $0.06 per diluted share. Revenues reached a record $15.1 million, up 32% year-over-year. In addition, the company forecasts that it will report revenues of $53.0 to $54.5 million, up 17 to 20% year-over-year, and positive net income for the full year.
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07/28/2005 09:50:26 AM StreetInsider Alert for ALJ RT$
Jul 28, 2005 (streetinsider.com via COMTEX) --The IPO for Alon USA Energy, Inc. (NYSE: ALJ) is open for trading. The stock is at $18 after pricing at $16. The 10,200,000 deal is led by Credit Suisse First Boston LLC, Deutsche Bank Securities Inc., and Lehman Brothers Inc. acting as joint book-running managers.
Alon USA Energy, Inc., headquartered in Dallas, Texas, is an independent refiner and marketer of petroleum products, operating primarily in the Southwestern and South Central regions of the United States. The Company owns and operates a sophisticated sour crude oil refinery in Big Spring, Texas, which has a crude oil throughput capacity of 70,000 barrels per day. Alon USA markets gasoline and diesel products under the FINA brand name and is a leading producer of asphalt in the State of Texas. The Company also operates convenience stores in West Texas and New Mexico under the 7-Eleven and FINA brand names and supplies motor fuels to these stores from its Big Spring refinery.
07/28/2005 09:30:41 AM StreetInsider Alert for NLS RT$
Jul 28, 2005 (streetinsider.com via COMTEX) --BB&T Capital Markets upgraded Nautilus, Incorporated (NYSE: NLS) from Hold to Buy; $35.00 price target.
07/28/2005 09:30:40 AM StreetInsider Alert for GHL RT$
Jul 28, 2005 (streetinsider.com via COMTEX) --Goldman Sachs initiated coverage on Greenhill & Co Inc (NYSE: GHL) with an In-line rating.
07/28/2005 09:30:40 AM StreetInsider Alert for PBG RT$
Jul 28, 2005 (streetinsider.com via COMTEX) --Legg Mason downgrades Pepsi Bottling (NYSE: PBG) from 'buy' to 'hold'.
07/28/2005 09:30:39 AM StreetInsider Alert for EQIX RT$
Jul 28, 2005 (streetinsider.com via COMTEX) --Stanford downgraded Equinix Inc (Nasdaq: EQIX) from Buy to Hold.
07/28/2005 09:30:37 AM StreetInsider Alert for GLW RT$
Jul 28, 2005 (streetinsider.com via COMTEX) --Lazard Freres downgraded Corning Incorporated (NYSE: GLW) from Hold to Sell. The firm is downgrading Corning as they believe a peak in the cycle is near.
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MTLG AMCC ANDW PD DGX TTI ACTU VTO WPPGY LXK TOC MINI MMP GRMN PLUS ARI BLL MPG PUB NOC WAG PGI EVVV BLC EQR BRE TSG HON FMBI AZN MXO CA DEPO PBH MGM AFL FHR MRCY LQI HOT ANDW CHH GNW NXTP ENI UHS PH XMSR EOG AMED ZBRA SPC FBTX XOM CELG BBW XOM GR TARO PXLW JNY IFLO MRO IRM CTSH MLNM BMY STRA PDG IHP CRDN LTD UHS ISIS MAXY BMY CBT AMT EOG DO HCA BZH AET MOGN DTPI MVL STRA SUP ETH BUD DCX SPF SOHU GTW TK FISV INGR XPRSA MTH Find `
07/28/2005 09:20:26 AM StreetInsider Alert for MTLG RT$
Jul 28, 2005 (streetinsider.com via COMTEX) --Raymond James upgraded Metrologic Instruments, Inc. (Nasdaq: MTLG) from Market Perform to Outperform. The firm is upgrading MTLG based on its improving outlook.
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07/28/2005 09:15:39 AM StreetInsider Alert for AMCC RT$
Jul 28, 2005 (streetinsider.com via COMTEX) --Morgan Keegan downgraded Applied Micro Circuits Corporation (Nasdaq: AMCC) from Outperform to Market Perform.
07/28/2005 09:15:27 AM StreetInsider Alert for ANDW RT$
Jul 28, 2005 (streetinsider.com via COMTEX) --Oppenheimer downgraded Andrew Corporation (Nasdaq: ANDW) from Buy to Neutral. The firm cited poor results and guidance as basis for their downgrade.
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07/28/2005 09:10:11 AM StreetInsider Alert for PD RT$
Jul 28, 2005 (streetinsider.com via COMTEX) --Phelps Dodge (NYSE: PD) reports Q2 earnings of $4.52 per share, 29 cents better than estimates. Revenues came in at $2.15 billion versus the consensus of $2.2 billion.
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07/28/2005 09:05:35 AM StreetInsider Alert for DGX RT$
Jul 28, 2005 (streetinsider.com via COMTEX) --Stanford initiated coverage on Quest Diagnostics Incorporated (NYSE: DGX) with a Hold rating; $52.00 price target. The firm believes the shares are fairly valued.
StreetInsider.com Premium is also available to Bloomberg Terminal users. Bloomberg users type STIN for more information.
07/28/2005 09:05:34 AM StreetInsider Alert for TTI RT$
Jul 28, 2005 (streetinsider.com via COMTEX) --TETRA Tech (NYSE: TTI) reports Q2 earnings of $0.64 per share, 19 cents better than estimates. Revenues came in at $144.4 million versus the consensus of $130.2 million. Sees FY05 EPS of $1.70-$1.85 versus the consensus of $1.55.
07/28/2005 09:05:33 AM StreetInsider Alert for ACTU RT$
Jul 28, 2005 (streetinsider.com via COMTEX) --JMP Securities upgraded Actuate Corporation (Nasdaq: ACTU) from Market Perform to Market Outperform; $3.50 price target. The firm raised their recommendation following better than expected Q2 results and guidance.
07/28/2005 09:05:32 AM StreetInsider Alert for VTO RT$
Jul 28, 2005 (streetinsider.com via COMTEX) --Bear Stearns upgraded Vitro, Sociedad Anonima (NYSE: VTO) from Underperform to Peer Perform. The firm commented that VTO's sale of stake in their glassware JV for $40M reduces default risk and supports equity appreciation.
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07/28/2005 09:00:39 AM StreetInsider Alert for WPPGY RT$
Jul 28, 2005 (streetinsider.com via COMTEX) --Bear Stearns upgraded WPP Group PLC ADR (Nasdaq: WPPGY) from Peer Perform to Outperform.
07/28/2005 09:00:38 AM StreetInsider Alert for LXK RT$
Jul 28, 2005 (streetinsider.com via COMTEX) --Lexmark International, Inc. (NYSE: LXK) announced that its board of directors has authorized the repurchase of an additional $500 million of its Class A Common Stock.
07/28/2005 09:00:37 AM StreetInsider Alert for TOC RT$
Jul 28, 2005 (streetinsider.com via COMTEX) --Smith Barney upgraded Thomson Corp, The (NYSE: TOC) from Sell to Hold; $37.00 price target. The firm says their upgrade is based on improving FCF trends, lower acquisition activity (which has acted as an anchor on ROIC), and the potential for improved ROIC in 2006 as investments in acquisitions and technology are harvested. Recent meetings and results suggest a greater commitment to lighter acquisition activity and improving FCF and ROIC. At 10.3x 2005 EBITDA (peer avg. is 10.9x) and 9.7x 2006 EBITDA (peer avg. is 9.9x), they would not characterize the stock as deep value, but do believe that over the intermediate-term the stock could respond favorably to potentially improving ROIC, which they believe is likely in 2006.
07/28/2005 09:00:27 AM StreetInsider Alert for MINI RT$
Jul 28, 2005 (streetinsider.com via COMTEX) --Mobile Mini (NASDAQ: MINI) reports Q2 earnings of $0.50 per share, 5 cents better than estimates. Revenues came in at $50.4 million versus the consensus of $48.6 million. Sees Q3 EPS of $0.52-$0.54 versus the consensus of $0.49.
07/28/2005 09:00:15 AM StreetInsider Alert for MMP RT$
Jul 28, 2005 (streetinsider.com via COMTEX) --RBC downgraded Magellan Midstream Partners LP (NYSE: MMP) from Outperform to Sector Perform. The firm is downgrading MMP based on valuation.
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07/28/2005 08:55:18 AM StreetInsider Alert for GRMN RT$
Jul 28, 2005 (streetinsider.com via COMTEX) --Lehman Brothers assumed coverage on Garmin Ltd. (Nasdaq: GRMN) with an Equal-weight rating; $58.00 price target. The firm is assuming coverage with an Equal Weight due to recent strength in shares with limited visibility into 2H competitive environment and uptake of new low end NAV pdcts.
07/28/2005 08:55:18 AM StreetInsider Alert for PLUS RT$
Jul 28, 2005 (streetinsider.com via COMTEX) --ePlus inc. (Nasdaq: PLUS) announced that one of the world's leading pharmaceutical companies chose ePlus for data and content management services. ePlus will cleanse, classify, and normalize supplier data so it can be used throughout the enterprise's third-party indirect eProcurement initiative.
07/28/2005 08:55:17 AM StreetInsider Alert for ARI RT$
Jul 28, 2005 (streetinsider.com via COMTEX) --Wells Fargo downgraded Arden Realty, Inc. (NYSE: ARI) from Buy to Hold. The firm based their downgrade on valuation.
07/28/2005 08:55:17 AM StreetInsider Alert for BLL RT$
Jul 28, 2005 (streetinsider.com via COMTEX) --Ball Corp (NYSE: BLL) reports Q2 earnings of $0.76 per share, 9 cents worse than estimates. Revenues came in at $1.55 billion versus the consensus of $1.56 billion.
07/28/2005 08:55:16 AM StreetInsider Alert for MPG RT$
Jul 28, 2005 (streetinsider.com via COMTEX) --Wells Fargo downgraded Magure Properties, Inc. (NYSE: MPG) from Buy to Hold. The firm based their downgrade on valuation.
07/28/2005 08:55:15 AM StreetInsider Alert for PUB RT$
Jul 28, 2005 (streetinsider.com via COMTEX) --Bear Stearns upgraded Publicis Groupe SA ADS (NYSE: PUB) from Peer Perform to Outperform. The firm is raising 05/06 EPS estimates on their optimistic outlook for 2H and growth potential.
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07/28/2005 08:50:16 AM StreetInsider Alert for NOC RT$
Jul 28, 2005 (streetinsider.com via COMTEX) --Northrop Grumman (NYSE: NOC) reports Q2 earnings of $1.00 per share, 12 cents better than estimates. Revenues came in at $7.96 billion versus the consensus of $7.81 billion. Sees FY05 EPS of $3.79-3.89, versus the consensus of $3.83.
07/28/2005 08:50:16 AM StreetInsider Alert for WAG RT$
Jul 28, 2005 (streetinsider.com via COMTEX) --Morgan Stanley upgraded Walgreen Company (NYSE: WAG) from Equal-weight to Overweight; $54.00 price target. The firm believes drug retailing over the next five years will experience increasing margins in the generic drug industry due to patents expiring from 2006 through 2009.
07/28/2005 08:50:15 AM StreetInsider Alert for PGI RT$
Jul 28, 2005 (streetinsider.com via COMTEX) --Roth Capital downgraded Premiere Global Services, Inc (NYSE: PGI) from Strong Buy to Buy; $14.00 price target. The firm is downgrading shares as flat comps for the next year limit upside potential.
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07/28/2005 08:45:31 AM StreetInsider Alert for EVVV RT$
Jul 28, 2005 (streetinsider.com via COMTEX) --Thomas Weisel initiated coverage on EV3, Incorporated (Nasdaq: EVVV) with a Peer Perform rating. The firm views the shares as fairly valued.
07/28/2005 08:45:29 AM StreetInsider Alert for BLC RT$
Jul 28, 2005 (streetinsider.com via COMTEX) --Goldman Sachs initiated coverage on Belo Corporation (NYSE: BLC) with an In-line rating. The firm commented that valuation is fair on the stock. They feel the potential for accelerating earnings growth in 2006 exists as ad growth rebounds. They also believe the stock would be more compelling for new investors in the low $20s.
07/28/2005 08:45:19 AM StreetInsider Alert for EQR RT$
Jul 28, 2005 (streetinsider.com via COMTEX) --Goldman Sachs upgraded Equity Residential (NYSE: EQR) from Underperform to In-line.
07/28/2005 08:45:18 AM StreetInsider Alert for BRE RT$
Jul 28, 2005 (streetinsider.com via COMTEX) --Goldman Sachs downgraded BRE Properties, Inc. (NYSE: BRE) from In-line to Underperform.
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07/28/2005 08:40:05 AM StreetInsider Alert for TSG RT$
Jul 28, 2005 (streetinsider.com via COMTEX) --Morgan Stanley resumed coverage on Sabre Holdings Corp (NYSE: TSG) with an Underweight rating.
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07/28/2005 08:35:22 AM StreetInsider Alert for HON RT$
Jul 28, 2005 (streetinsider.com via COMTEX) --Merrill Lynch upgraded Honeywell International (NYSE: HON) from Neutral to Buy. The firm notes that Q2 demonstrated significant core profit improvement. They are raising their year EPS to $2.5 from $2.10 and next year to $2.60 from $2.40 due to ongoing margin expansion.
07/28/2005 08:35:22 AM StreetInsider Alert for FMBI RT$
Jul 28, 2005 (streetinsider.com via COMTEX) --Ryan Beck reiterated coverage on First Midwest Bancorp, Inc. (Nasdaq: FMBI) with an Outperform rating; $38.00 price target. The firm believes that FMBI is undervalued at current trading levels. FMB's shares are trading at a 2% discount to peers based on price-to-earnings. They feel this discount is unwarranted given the strong profitability and solid loan growth (particularly in C&I and commercial real estate lending given the strong pipeline), which should lift earnings throughout 2005.
07/28/2005 08:35:20 AM StreetInsider Alert for AZN RT$
Jul 28, 2005 (streetinsider.com via COMTEX) --AstraZeneca (NYSE: AZN) reports Q2 earnings of $0.75 per share, 17 cents better than estimates. Revenues came in at $6.13 billion versus the consensus of $5.72 billion.
07/28/2005 08:35:19 AM StreetInsider Alert for MXO RT$
Jul 28, 2005 (streetinsider.com via COMTEX) --Robert W. Baird upgraded Maxtor Corporation (NYSE: MXO) from Neutral to Outperform.
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07/28/2005 08:30:47 AM StreetInsider Alert for CA RT$
Jul 28, 2005 (streetinsider.com via COMTEX) --Bear Stearns downgraded Computer Associates International Inc (NYSE: CA) from Outperform to Peer Perform. The firm downgraded their rating as the company is experiencing some significant changes--new management, reorganizations, sales compensation changes, and has raised the risk profile over the near/medium term. Management raised 2005 guidance due to an ann'd restructuring adding approximately 4c to bottom line. Strong dollar will impact revenue and EPS negatively given the company's lack of a formal hedging program. Long-term, the company is well-positioned.
07/28/2005 08:30:37 AM StreetInsider Alert for DEPO RT$
Jul 28, 2005 (streetinsider.com via COMTEX) --Depomed, Inc. (Nasdaq: DEPO) and Esprit Pharma, Inc. entered into a license agreement for Proquin(TM) XR, Depomed's recently approved extended release formulation of ciprofloxacin hydrochloride for the treatment of uncomplicated urinary tract infections.
In return for exclusive rights to market and distribute Proquin XR in the United States and Puerto Rico, Esprit will pay Depomed a $50 million license fee, consisting of $30 million payable upfront, $10 million in 12 months and the remaining $10 million due in 24 months. Also under the agreement, Esprit will pay Depomed 15 percent to 25 percent royalties on net sales of Proquin XR, based on escalating product sales. Additionally, Esprit also has right of first refusal for the sales and marketing of Proquin XR for the Canadian market.
07/28/2005 08:30:36 AM StreetInsider Alert for PBH RT$
Jul 28, 2005 (streetinsider.com via COMTEX) --SunTrust Banks downgraded Prestige Brands Holdings, Inc. (NYSE: PBH) from Buy to Neutral. The firm noted that Q1 results are well below expectations and they expect issues to linger into Q2.
07/28/2005 08:30:31 AM StreetInsider Alert for MGM RT$
Jul 28, 2005 (streetinsider.com via COMTEX) --MGM Mirage (NYSE: MGM) reports Q1 earnings of $0.46 per share, 2 cents better than estimates. Revenues came in at $1.72 billion versus the consensus of $1.59 billion.
07/28/2005 08:30:21 AM StreetInsider Alert for AFL RT$
Jul 28, 2005 (streetinsider.com via COMTEX) --Deutsche Bank downgraded AFLAC Incorporated (NYSE: AFL) from Buy to Hold.
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07/28/2005 08:25:28 AM StreetInsider Alert for FHR RT$
Jul 28, 2005 (streetinsider.com via COMTEX) --Prudential initiated coverage on Fairmont Hotels & Resourts, Incorported (NYSE: FHR) with an Underweight rating; $31.00 price target. The firm notes FHR's exposure to owned assets while preferring fee based models at this point in the cycle.
07/28/2005 08:25:27 AM StreetInsider Alert for MRCY RT$
Jul 28, 2005 (streetinsider.com via COMTEX) --Mercury Computer (NASDAQ: MRCY) reports Q4 earnings of $0.41 per share, 4 cents better than estimates. Revenues came in at $71.5 million versus the consensus of $66.1 million. Sees Q1 EPS of $0.18-0.20 versus the consensus of $0.32. Sees FY05 EPS of $1.35-$1.40 versus the consensus of $1.22 consensus.
07/28/2005 08:25:27 AM StreetInsider Alert for LQI RT$
Jul 28, 2005 (streetinsider.com via COMTEX) --Prudential initiated coverage on La Quinta Corporation (NYSE: LQI) with an Underweight rating; $49.00 price target. The firm based their recommendation on to significant exposure to owned assets vs. franchise or hotel management exposure, and valuation relative to turnaround status.
07/28/2005 08:25:26 AM StreetInsider Alert for HOT RT$
Jul 28, 2005 (streetinsider.com via COMTEX) --Prudential initiated coverage on Starwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT) with an Underweight rating. The firm would overweight fee based models vs ownership at this point in the cycle.
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07/28/2005 08:20:20 AM StreetInsider Alert for ANDW RT$
Jul 28, 2005 (streetinsider.com via COMTEX) --Andrew (NASDAQ: ANDW) reports Q3 earnings of $0.12 per share, 1 cent worse than estimates. Revenues came in at $487.2 million versus the consensus of $502.8 million. Sees Q4 EPS of $0.06-$0.09 versus the consensus of $0.17.
07/28/2005 08:20:19 AM StreetInsider Alert for CHH RT$
Jul 28, 2005 (streetinsider.com via COMTEX) --Prudential initiated coverage on Choice Hotels International, Inc. (NYSE: CHH) with an Overweight rating; $70.00 price target. The firm is impressed with CHH's growing scale and premium ROIC while being insulated from cost pressures.
07/28/2005 08:20:19 AM StreetInsider Alert for GNW RT$
Jul 28, 2005 (streetinsider.com via COMTEX) --Deutsche Bank downgraded Genworth Financial Inc (NYSE: GNW) from Buy to Hold. The firm cited valuation as basis for their downgrade.
07/28/2005 08:20:18 AM StreetInsider Alert for NXTP RT$
Jul 28, 2005 (streetinsider.com via COMTEX) --Nextel Partners (NASDAQ: NXTP) reports Q2 earnings of $0.23 per share, 4 cents better than estimates. Revenues came in at $434.8 million versus the consensus of $421.4 million.
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07/28/2005 08:20:09 AM StreetInsider Alert for ENI RT$
Jul 28, 2005 (streetinsider.com via COMTEX) --Smith Barney downgraded Enersis S.A. ADS (NYSE: ENI) from Hold to Sell. The firm based their downgrade on valuation and weak Q2 results
07/28/2005 08:20:08 AM StreetInsider Alert for UHS RT$
Jul 28, 2005 (streetinsider.com via COMTEX) --Deutsche Bank downgraded Universal Health Services, Inc. (NYSE: UHS) from Buy to Reduce; $60.00 price target. Following Q2, the firm believes that their turnaround thesis may be more elusive than originally thought.
07/28/2005 08:20:08 AM StreetInsider Alert for PH RT$
Jul 28, 2005 (streetinsider.com via COMTEX) --Parker-Hannifin (NYSE: PH) reports Q4 earnings of $1.34 per share, 16 cents better than estimats. Revenues came in at $2.21 billion versus the consensus of $2.18 billion.
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07/28/2005 08:15:34 AM StreetInsider Alert for XMSR RT$
Jul 28, 2005 (streetinsider.com via COMTEX) --XM Satellite Radio Holdings Inc (NASDAQ: XMSR) reports Q2 loss of $0.70, in-line with estimates. Revenues came in at $125 million versus the consensus of $122.24 million.
07/28/2005 08:15:33 AM StreetInsider Alert for EOG RT$
Jul 28, 2005 (streetinsider.com via COMTEX) --Banc of America downgraded EOG Resources Incorporated (NYSE: EOG) from Buy to Neutral. The firm cited valuation as basis for their downgrade.
07/28/2005 08:15:31 AM StreetInsider Alert for AMED RT$
Jul 28, 2005 (streetinsider.com via COMTEX) --Pacific Growth initiated coverage on Amedisys Inc (Nasdaq: AMED) with an Over Weight rating. The firm believes AMED is uniquely positioned to consolidate the highly fragmented home health and hospice markets and deliver 15%-20% growth.
07/28/2005 08:15:30 AM StreetInsider Alert for ZBRA RT$
Jul 28, 2005 (streetinsider.com via COMTEX) --Robert W. Baird downgraded Zebra Technologies Corporation (Nasdaq: ZBRA) from Outperform to Neutral. The firm cited weak revenues and margins pressure as basis for their downgrade.
07/28/2005 08:15:30 AM StreetInsider Alert for SPC RT$
Jul 28, 2005 (streetinsider.com via COMTEX) --Spectrum Brands (NYSE: SPC) reports Q2 earnings of $0.76 per share, 3 cents worse than estimates. Revenues came in at $730.4 million versus the consensus of $715.7 million. Sees FY EPS of $2.40-$2.43, versus the consensus of $2.44. Sees FY06 EPS of $2.70-$2.85, versus the consensus of $2.93.
07/28/2005 08:15:29 AM StreetInsider Alert for FBTX RT$
Jul 28, 2005 (streetinsider.com via COMTEX) --Friedman Billings downgraded Franklin Bank Corporation (Nasdaq: FBTX) from Outperform to Market Perform; $21.00 price target. The firm is lowering their rating as margin contraction is impacting near-term profitability. They note that FBTX reported 2Q05 net income of $6.7 million, or 29c per share. On an operating basis, EPS came in at 31c, as FBTX continues to execute on its strategy, the yield curve is simply adding a modest headwind. They firm has revised their 2005 EPS from $1.30 to $1.28 and 2006 EPS from $1.55 to $1.45. Their revised price target of $21 implies 14.5 times firm's 2006 EPS estimate and 2.4 times tangible book value.
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07/28/2005 08:10:20 AM StreetInsider Alert for XOM RT$
Jul 28, 2005 (streetinsider.com via COMTEX) --Exxon Mobil Corp (NYSE: XOM) reports Q2 EPS of $1.23, versus the consensus of $1.24. Profit came in at $7.84 billion, versus the consensus of $7.8 billion.
07/28/2005 08:06:58 AM StreetInsider Alert for CELG RT$
Jul 28, 2005 (streetinsider.com via COMTEX) --Celgene (NASDAQ: CELG) reports Q2 earnings of $0.17 per share, 3 cents better than estimates. Revenues came in at $145.7 million versus the consensus of $131.8 million.
07/28/2005 08:06:53 AM StreetInsider Alert for BBW RT$
Jul 28, 2005 (streetinsider.com via COMTEX) --Build-A-Bear Workshop (NYSE: BBW) reports Q2 earnings of $0.14 per share, 1 cent better than estimates. Revenues came in at $73.7 million versus the consensus of $74.2 million. Sees FY EPS of $1.24-$1.30 versus the consenesus of $1.18.
07/28/2005 08:03:26 AM StreetInsider Alert for XOM RT$
Jul 28, 2005 (streetinsider.com via COMTEX) --Exxon Mobil Corp (NYSE: XOM) reports Q2 EPS of $1.23, versus the consensus of $1.24. Revenues came in at $7.84 billion, versus the consensus of $7.8 billion.
07/28/2005 08:03:26 AM StreetInsider Alert for GR RT$
Jul 28, 2005 (streetinsider.com via COMTEX) --Goodrich (NYSE: GR) reports Q2 earnings of $0.52 per share, 3 cents better than estimates. Revenues came in at $1.35 billion versus the consensus of $1.25 billion. Sees FY EPS of $2.00-2.10 versus the consensus of $1.95.
07/28/2005 08:03:14 AM StreetInsider Alert for TARO RT$
Jul 28, 2005 (streetinsider.com via COMTEX) --Taro Pharm (Nasdaq: TARO) reports Q2 earnings of $0.22 per share, 6 cents worse than estimates. Revenues came in at $78.6 million versus the consensus of $80.3 million.
07/28/2005 08:03:13 AM StreetInsider Alert for PXLW RT$
Jul 28, 2005 (streetinsider.com via COMTEX) --Jefferies downgrades Pixelworks Inc (NASDAQ: PXLW) from 'hold' to 'underperform' and cuts their price target to $7.50, following Q2 results.
07/28/2005 08:03:13 AM StreetInsider Alert for JNY RT$
Jul 28, 2005 (streetinsider.com via COMTEX) --Jones Apparel (NYSE: JNY) reports Q2 earnings of $0.48 per share, in-line with estimates. Revenues came in at $1.18 billion versus the consensus of $1.15 billion. Sees FY05 EPS of $2.39 or more, versus the consensus of $2.73.
07/28/2005 08:03:12 AM StreetInsider Alert for IFLO RT$
Jul 28, 2005 (streetinsider.com via COMTEX) --I-Flow (NASDAQ: IFLO) reports Q2 loss of $0.03 per share, 3 cents better than estimates. Revenues came in at $24.2 million versus the consensus of $24.8 million.
07/28/2005 08:03:12 AM StreetInsider Alert for MRO RT$
Jul 28, 2005 (streetinsider.com via COMTEX) --Marathon Oil (NYSE: MRO) reports Q2 earnings of $2.16 per share, 59 cents better estimates. Revenues rose 27.9% to $16.1 billion.
07/28/2005 08:03:11 AM StreetInsider Alert for IRM RT$
Jul 28, 2005 (streetinsider.com via COMTEX) --Iron Mountain (NYSE: IRM) reports Q2 earnings of $0.19 per share, 1 cent better than estimates. Revenues came in at $511.9 million versus the consensus of $503 million.
07/28/2005 08:03:10 AM StreetInsider Alert for CTSH RT$
Jul 28, 2005 (streetinsider.com via COMTEX) --Cognizant Tech (Nasdaq: CTSH) reports Q2 earnings of $0.25 per share, 2 cents better than estimates. Revenues came in at $211.7 million versus the consensus of $206.9 million.
07/28/2005 08:03:10 AM StreetInsider Alert for MLNM RT$
Jul 28, 2005 (streetinsider.com via COMTEX) --Millennium Pharm (NASDAQ: MLNM) reports Q2 loss of $0.11 per share, in-line with estimates. Revenues came in at $110.7 million versus the consensus of $118.8 million.
07/28/2005 08:02:51 AM StreetInsider Alert for BMY RT$
Jul 28, 2005 (streetinsider.com via COMTEX) --Bristol-Myers (NYSE: BMY) reports Q2 earnings of $0.47 per share, 11 cents better than estimates. Revenues came in at $4.89 billion versus the consensus of $4.8 billion.
07/28/2005 08:02:51 AM StreetInsider Alert for STRA RT$
Jul 28, 2005 (streetinsider.com via COMTEX) --Strayer Education (Nasdaq: STRA) reports Q2 earnings of $0.85 per share, 2 cents better than estimates. Revenues came in at $55.2 million versus the consensus of $55.4 million. Sees Q3 EPS of $0.41-0$.43 versus the consensus of $0.38.
07/28/2005 08:02:46 AM StreetInsider Alert for PDG RT$
Jul 28, 2005 (streetinsider.com via COMTEX) --Placer Dome (NYSE: PDG) reports Q2 earnings of $0.02 per share, 7 cents worse than estimates. Revenues came in at $460 million versus the consensus of $481 million.
07/28/2005 08:02:45 AM StreetInsider Alert for IHP RT$
Jul 28, 2005 (streetinsider.com via COMTEX) --IHOP (NYSE: IHP) reports Q2 earnings of $0.62 per share, 11 cents better than estimates. Revenues came in at $82.9 million versus the consensus of $84.9 million. Sees FY EPS of $2.02-2.12 versus the consensus of $2.05.
07/28/2005 08:02:45 AM StreetInsider Alert for CRDN RT$
Jul 28, 2005 (streetinsider.com via COMTEX) --Ceradyne (Nasdaq: CRDN) reports Q2 earnings of $0.46 per share, 9 cents better than estimates. Revenues came in at $89.9 million versus the consensus of $78.5 million.
07/28/2005 08:02:44 AM StreetInsider Alert for LTD RT$
Jul 28, 2005 (streetinsider.com via COMTEX) --Merrill Lynch upgrades Limited (NYSE: LTD) from Neutral to Buy on outlook.
07/28/2005 08:02:44 AM StreetInsider Alert for UHS RT$
Jul 28, 2005 (streetinsider.com via COMTEX) --Prudential Securities downgrades Universal Health (NYSE: UHS) from Neutral to Underweight on outlook-Price target $45.
07/28/2005 08:02:43 AM StreetInsider Alert for ISIS RT$
Jul 28, 2005 (streetinsider.com via COMTEX) --Isis Pharmaceuticals, Inc. (Nasdaq: ISIS) announced today that its Ibis division has been granted a contract for up to $1.1 million from the United States government, under subcontract from San Diego-based Science Applications International Corporation (SAIC).
07/28/2005 08:02:42 AM StreetInsider Alert for MAXY RT$
Jul 28, 2005 (streetinsider.com via COMTEX) --J.P. Morgan downgrades Maxygen (Nasdaq: MAXY) from Overweight to Neutral on outlook.
07/28/2005 08:02:42 AM StreetInsider Alert for BMY RT$
Jul 28, 2005 (streetinsider.com via COMTEX) --Bristol-Myers Squibb (NYSE: BMY) reports Q2 earnings of $0.47 per share, 11 cents better than estimates. Q2 revenues were $4.9 billion, higher than analysts estimates of $4.8 billion.
07/28/2005 08:02:39 AM StreetInsider Alert for CBT RT$
Jul 28, 2005 (streetinsider.com via COMTEX) --Cabot Corp (NYSE: CBT) rports Q3 earnings of $0.43 per share, 16 cents worse than estimates. Revenues came in at $545 million versus the consensus of $520 million consensus. The company said the shortfall was attributable to significantly higher feedstock costs in carbon black and costs related to the ongoing labor situation at our Supermetals facility in Pennsylvania.
07/28/2005 08:02:29 AM StreetInsider Alert for AMT RT$
Jul 28, 2005 (streetinsider.com via COMTEX) --American Tower (NYSE: AMT) reports a Q2 loss of $0.14 per share, 6 cents worse than estimates. Q2 revenues were $188.1 million, higher than analysts estimates of $186.41 million.
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07/28/2005 08:02:28 AM StreetInsider Alert for EOG RT$
Jul 28, 2005 (streetinsider.com via COMTEX) --Smith Barney downgrades EOG Resources (NYSE: EOG) from Buy to Hold on less attractive valuation.
07/28/2005 08:02:27 AM StreetInsider Alert for DO RT$
Jul 28, 2005 (streetinsider.com via COMTEX) --Friedman Billings upgrades Diamond Offshore (NYSE: DO) from Market Perform to Outperform on positive earnings outlook-Price target $70.
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07/28/2005 08:02:27 AM StreetInsider Alert for HCA RT$
Jul 28, 2005 (streetinsider.com via COMTEX) --CIBC World Markets upgrades HCA Corp (NYSE: HCA) from Sector Perform to Outperform on valuation.
07/28/2005 08:02:26 AM StreetInsider Alert for BZH RT$
Jul 28, 2005 (streetinsider.com via COMTEX) --Beazer Homes (NYSE: BZH) reports Q3 earnings of $2.50 per share, 45 cents better than estimates. Q3 revenues were $1.29 billion, higher than analysts estimates of $1.24 billion. BZH guides higher for full-year earnings outlook.
07/28/2005 08:02:25 AM StreetInsider Alert for AET RT$
Jul 28, 2005 (streetinsider.com via COMTEX) --Aetna (NYSE: AET) reports Q2 earnings of $1.08 per share, in-line with estimates. Q2 revenues were $5.5 billion, higher than analysts estimates of $5.48 billion.
07/28/2005 08:02:25 AM StreetInsider Alert for MOGN RT$
Jul 28, 2005 (streetinsider.com via COMTEX) --Piper Jaffray upgrades MGI Pharma (Nasdaq: MOGN) from Market Perform to Outperform on positive outlook.
07/28/2005 08:02:24 AM StreetInsider Alert for DTPI RT$
Jul 28, 2005 (streetinsider.com via COMTEX) --J.P. Morgan downgrades Diamond Cluster Int'l (Nasdaq: DTPI) from Overweight to Neutral on company earnings outlook.
07/28/2005 08:02:22 AM StreetInsider Alert for MVL RT$
Jul 28, 2005 (streetinsider.com via COMTEX) --Marvel Enterprises (NYSE: MVL) reports Q2 earnings of $0.24 per share, 3 cents worse than estimates. Q2 revenues were $88.1 million, lower than analysts estimates of $96.18 million. MVL guides lower for full-year earnings outlook.
07/28/2005 08:02:12 AM StreetInsider Alert for STRA RT$
Jul 28, 2005 (streetinsider.com via COMTEX) --Strayer Education (Nasdaq: STRA) reports Q2 earnings of $0.85 per share, 2 cents better than estimates. Q2 revenues were $55.2 million, lower than analysts estimates of $55.39 million. STRA guides higher for Q3 earnings outlook.
07/28/2005 08:02:12 AM StreetInsider Alert for SUP RT$
Jul 28, 2005 (streetinsider.com via COMTEX) --Robert W. Baird downgrades Superior Industries (NYSE: SUP) from Neutral to Underperform after weaker Q2 earnings-Price target $19.
07/28/2005 08:02:10 AM StreetInsider Alert for ETH RT$
Jul 28, 2005 (streetinsider.com via COMTEX) --Ethan Allen (NYSE: ETH) reports Q4 earnings of $0.56 per share, 2 cents better than estimates. Q4 revenues were $242.3 million vs consensus est of $242.93 million.
07/28/2005 08:01:59 AM StreetInsider Alert for BUD RT$
Jul 28, 2005 (streetinsider.com via COMTEX) --Smith Barney downgrades Anheuser-Busch (NYSE: BUD) from Hold to Sell after weaker than expected Q2 results-Price targt $41.
07/28/2005 08:01:44 AM StreetInsider Alert for DCX RT$
Jul 28, 2005 (streetinsider.com via COMTEX) --DaimlerChrysler (NYSE: DCX) announced Jurgen E. Schrempp, Chairman of the Board of Management, will step down at the end of 2005.
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07/28/2005 08:01:19 AM StreetInsider Alert for SPF RT$
Jul 27, 2005 (streetinsider.com via COMTEX) --Standard Pacific Corp. (NYSE: SPF) approved a two-for-one stock split to be effected in the form of a stock dividend. Shareholders of record at the close of business on August 8, 2005 will receive one additional share of common stock for every one share of common stock owned on that date. The additional shares are expected to be distributed on or about August 29, 2005.
07/28/2005 08:01:18 AM StreetInsider Alert for SOHU RT$
Jul 27, 2005 (streetinsider.com via COMTEX) --SOHU.COM Inc. (Nasdaq: SOHU) reports Q2 earnings of $0.18 and revenue of $25.9 million, versus the consensus of $0.18 and $25.95 million . Sees Q3 EPS of $0.18-$0.22 and revenue of $26.5-$28.5 million, versus the consensus of $0.22 and $28.69 million.
07/28/2005 08:01:07 AM StreetInsider Alert for GTW RT$
Jul 27, 2005 (streetinsider.com via COMTEX) --Gateway, Inc. (NYSE: GTW) will delay release of its second quarter earnings until August 4, pending the outcome of the company's voluntary request for final guidance from the U.S. Securities and Exchange Commission's Office of the Chief Accountant on the proper accounting for elements of the April 2005 agreement with Microsoft.
07/28/2005 08:01:07 AM StreetInsider Alert for TK RT$
Jul 27, 2005 (streetinsider.com via COMTEX) --Teekay Shipping Corporation (NYSE: TK) reported Q2 earnings of $1.08 per share, ex-items, versus the consensus of $1.03.
Teekay also announced that its Board of Directors has authorized a $250 million increase to the existing share repurchase program. In addition, the company announced that it has been awarded contracts to charter two 155,000 cubic-meter liquefied natural gas (LNG) carriers to the Tangguh LNG project in Indonesia.
07/28/2005 08:00:57 AM StreetInsider Alert for FISV RT$
Jul 27, 2005 (streetinsider.com via COMTEX) --Fiserv, Inc. (Nasdaq: FISV) signed a definitive agreement to acquire BillMatrix Corp., a provider of expedited electronic bill payment services, for approximately $350 million. The transaction is expected to be neutral to earnings in 2005 and slightly accretive to earnings in 2006.
07/28/2005 08:00:56 AM StreetInsider Alert for INGR RT$
Jul 27, 2005 (streetinsider.com via COMTEX) --Intergraph Corporation (NASDAQ: INGR) reports Q2 earnings of $0.25 per share on revenue of $145.4 million versus the consensus of $0.21 and $140.66 million.
07/28/2005 08:00:45 AM StreetInsider Alert for XPRSA RT$
Jul 27, 2005 (streetinsider.com via COMTEX) --U.S. Xpress Enterprises, Inc. (NASDAQ: XPRSA) reported Q2 earnings of $0.12 per share on revenue of $279.9 million, versus the consensus of $0.11 and $285.53 million. Today the Board of Directors has authorized the Company to repurchase up to $15 million of its Class A common stock.
07/28/2005 08:00:44 AM StreetInsider Alert for MTH RT$
Jul 27, 2005 (streetinsider.com via COMTEX) --Meritage Homes Corp. (NYSE: MTH) reports Q2 earnings of $2.05 per share on revenue of $651 million versus the consensus of $1.73 and $667.85 million. The company also raises full year guidance to $7.75 to $8.00, versus the consensus of $7.95.
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