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From the Blogosphere
Zacks #1 Rank Additions for Wednesday – Zacks Tale of the Tape
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Here are the stocks added to the Zacks #1 Rank ("strong buy") List today: <> AES Corp (AES) Akzo Nobel NV (AKZOY) AutoNation Inc (AN) Bed Bath & Beyond Inc (BBBY) Cellcom Israel Ltd (CEL) Cognex Corp (CGNX) Corinthian Colleges Inc (COCO) DG FastChannel Inc (DGIT) Enbridge Energy Partners LP (EEP) Estee Lauder Cos Inc (EL) Firstbank Corp (FBMI) Harbin Electric Inc (HRBN) Healthspring Inc (HS) Mediacom Communications Corp (MCCC) Merchants Bancshares Inc (MBVT) Opnet Technologies Inc (OPNT) Regal-Beloit Corp (RBC) Regis Corp (RGS) <><>Rewards N>>>...
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Notable Analyst Rating Changes 11/02: MOT, UFS, GNW, EL, JWN, WY, RCL, CS Upgraded; RIMM, PALM, CMCSA, ERJ, GERN Downgraded
UPGRADES:Citigroup upgraded Motorola (NYSE: MOT) from Hold to Buy and lifted their price target from $9 to $10.50. JPMorgan, Raymond James and RBC upgrade Domtar (NYSE: UFS) to Overweight, Outperform and Top Pick, respectively.Fox-Pitt upgrades Genworth Financial (NYSE: GNW) from In-Line to Outperform. Price target $15. UBS and Caris upgrade Estee Lauder (NYSE: EL).Deutsche Bank upgrades Nordstrom (NYSE: JWN) to Buy. Price target $45. Click here for the full report.Credit Suisse upgrades Weyerhaeuser (NYSE: WY) to Neutral. Price target increased to $37. Wells Fargo upgrades Royal Caribbean ...
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Estee Lauder Reports In Line – Analyst Blog
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The Estée Lauder Companies (EL) reported results for the first quarter of fiscal 2010 with earnings of 85 cents per share. Earnings were in line with the Zacks Consensus Estimate of 85 cents, but were up a robust 223% year-over-year compared to 26 cents reported in the prior-year quarter.
The company’s business in each of its product categories and geographic regions continued to be affected by challenging and volatile economic conditions. Nevertheless, the company was able to outperform because of the better-than-expected sales and lower spending levels in each of the product categories a< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< /><>>< /><>>< /><><>< />><>< />><>< />>>< />...
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Earnings highlights: Aetna, Allergan, E*Trade, Goodyear, RadioShack, SAP, Visa ...
Filed under: Earnings reports, Allergan (AGN), Aetna Inc (AET), TD AmeriTrade Holding (AMTD), RadioShack Corp (RSH), Goodyear Tire and Rubber (GT), E*TRADE (ETFC), Visa Inc. (V) Here are some highlights from last week's earnings coverage from BloggingStocks: <> Aetna Inc. (NYSE: AET) reported better-than-expected Q3 earnings and revenue, sending shares higher. Allergan Inc. (NYSE: AGN) reported better-than-expected Q3 numbers, sending shares higher. Bare Escentuals Inc. (NASDAQ: BARE) Q3 profit easily topped analysts' estimates, and shares surged. <>Cabot Oil & Gas Corp. (NYSE: COG) r>>...
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Estee Lauder's earnings explode to the upside in Q1
Filed under: Earnings reports, Estee Lauder (EL), Revlon (REV), Avon Products (AVP), Procter and Gamble (PG) Stocks suffered a scary drop on Friday. It was fitting, in a sense, since it was the day before Halloween. In fact, as this Closing Bell piece noted, there were more tricks than treats to be had on Wall Street. <>There are always equities bucking the trend, however. The Estee Lauder Companies (NYSE: EL) was one of them. Bullish buyers loved the beauty company's fiscal Q1 earnings release. As has been the case with many reports, the top line wasn't the fun part of the document: Estee Laud>...
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