Visa Inc. and MasterCard Inc. plunged more than 12 percent in New York trading after the Federal Reserve Board proposed rules that may slash debit-card interchange fees by 90 percent. The new rules, posted today by the Fed on its website, may aid retailers and cut profit for lenders who reaped about $15 billion from Continue reading →
Archive for 2010
What’s happening with ATU?
The entire morning today I was reading about Actuant Corporation which has improved earnings and sales, beat expectations but I was baffled why the stock slumped today by almost 6%. I couldn’t find why; what is behind such behavior. Well, here is why: Actuant Sees Second Quarter Earnings Below Estimates; but Raises 2011 Guidance Actuant Continue reading →
Actuant Reports Improved First Quarter Results; Increases Fiscal 2011 Guidance
MILWAUKEE–(BUSINESS WIRE)–Actuant Corporation ATU today announced results for its first quarter ended November 30, 2010. Highlights * 71% year-over-year increase in diluted earnings per share from continuing operations (“EPS”) to $0.36 (excluding prior year special items – see attached reconciliation of earnings.) * Core revenue growth (total sales less the impact of acquisitions, divestitures and Continue reading →
10 Things You Need To Know Before The Opening Bell
Provided by Business Insider, Thursday, December 16, 2010: Good morning. Here’s what you need to know: Asian markets were mostly lower in overnight trading, with the Hang Seng down 1.33%. Major European indices are flat, and U.S. futures suggest a slightly positive open. Housing starts data is released at 8:30 AM ET. It is expected Continue reading →
Actuant Corporation (ATU) reports Q1 2011 earnings
Actuant Corporation will release its earnings tomorrow morning (12/16/2010). A conference call will be held at 10:00 AM CST. Watch/listen it here.
Endologix Inc. (ELGX) added to portfolio
Another stock with a strong momentum has been spotted. Endologix Inc. shot on huge volume, four times the average volume. For four days this stock is making new 52-day highs. I decided to buy some shares and add this stock into my portfolio: 12/15/2010 Bought 150 ELGX @ 6.55
FBR Capital Reiterates an ‘Outperform/Top Pick’ on Actuant (ATU); F1Q11 Preview: Expect Upside Results and Upbeat Outlook
FBR Capital reiterates an ‘Outperform/Top Pick’ rating on Actuant raises PT to $29. FBR analyst says, “We have a positive bias on Actuant shares heading into F1Q11 earnings on Dec 16 based on our expectation for upside earnings and positive outlook commentary. We see upside to FBR/consensus EPS estimate of $0.35/$0.34 primarily from better trends Continue reading →
Making Personal Loans For Fun And Profit
“…banks weren’t going to get us out of this (recession) mess.” Looking for hefty yields? Lending Club was founded by Renaud Laplanche, a French native who worked as a New York securities lawyer before launching database search firm MatchPoint. Laplanche whipped out his plastic (and paid 18% annual interest) to cover the cost of computers Continue reading →
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