costs

Consumer Confidence Drops Sharply, But Business Conditions Better

The Conference Board's confidence index fell to 63.4 from an upwardly revised 72 in February; lower than the reading of 65 that economists had expected.

Consumers' sentiment could remain suppressed, as fuel and food costs increase, and core inflation begins to creep up as well.

business condition, conference board, consumer confidence, costs, earthquake, economists, economy, food, fuel, inflation, japan, middle east, nuclear, price, sentiment, tsunami, unrest

U.S. consumer confidence plummeted in March, as concerns about fuel costs, unrest in the Middle East, and the natural disaster in Japan weighed on sentiments.

By FNNO Staff
fnnonline@gmail.com

Financial Sector Update: March 17, 2011

bac, bank, bank of america, bankers, bofa, citi, citigroup, costs, financial, funding, interest rate, justice dept, libor, loan, market, mortgage, price, sec, sector, securities exchange, shares, stock, trade, ubs

Financial shares are mixed as regulators eye several big sector names for possible manipulation of the LIBOR, which is used to set adjustable interest rates on a wide variety of loans. In mid-day news, the Securities and Exchange

By FNNO Staff
fnnonline@gmail.com

Morning Market Snapshot: March 2nd, 2011

acquire, acquisition, advent, advs, aircraft, berkshire hathaway, bfb, bombardier aerospace, brk.a, brown forman, business, carters, china, costs, cotton, cr, dongxiang, drug, e.on, earnings, eongy, equity, fda, financial, financial district, freight, hanover square, jets, joe, labor, market, mcox, mecox lane, merck, merger, mkgay, multiple sclerosis, ppl, price, purchase, saint joe, sequoia capital, shareholders, sina, software, stock, syncova, udr, vina concha y toro, vineyard, winery, witkoff

Good Morning. It's Wednesday, March 2, 2011. At this hour, U.S. equity futures are higher. Overseas, the Asian markets were mixed, while the European markets are lower. Bombardier Aerospace announced an order from Berkshire Hathaw

By Stephanie Shyu
sshyu@fnno.com

UBS increases PT for Dean Foods, Lowers EPS Estimates

Published on Tue, 03/01/2011 - 11:48
By Stephanie Shyu in General Interest, DF, ubs, analyst, bank, consensus, costs, dean, df, financial, firm, foods, inflation, nyse, price, rating, shares, stock, ubs, wall street, Analyst Actions

The bank lowered its 2011 EPS from $0.83 to $0.57, vs. consensus estimates of $0.60 per share, and its 2012 EPS from $0.96 to $0.74, vs. consensus estimates of $0.80 per share.

The changes were made to account for greater than expected input inflation, increased 2011 interest and compensation costs, and the increased probability for a break-up of the company.

Dean Foods is currently above its 50-day moving average (MA) of $9.66 and above its 200-day of $9.94.

analyst, bank, consensus, costs, dean, df, financial, firm, foods, inflation, nyse, price, rating, shares, stock, ubs, wall street

UBS increased its price target for Dean Foods Company (NYSE:DF) to $10.60 from $9.00 and maintained its neutral rating.

By Stephanie Shyu
sshyu@fnno.com

Amazon Struggles Early After UBS Downgrade; Margin Squeeze Seen

The stock opened down $3.14 at $174.10 before adding back $1.22 to trade at $174.93. Still down 1.30%.

Analyst Brian Pitz dropped the stock to "neutral" from "buy," and lowered his price target to $180 from $195. He noted: "It now looks likely AMZN will need to invest in acquiring content, distribution deals, and technology.

amazon prime, amazone.com, amzn, analyst, brian pitz, costs, deals, downgrade, eps, financial, fiscal, margins, market, online, price, purchase, rating, retailer, revenue, shopping, stock, tech, trade

Amazon.com (AMZN) is down Monday, but moving off its earlier low. The online retailer was downgraded by UBS this morning over concerns that increasing costs will put new pressure on margins.

By Stephanie Shyu
sshyu@fnno.com

Commerce Department Reported Personal Income Up 1%

Lawmakers pass a one-year reduction in worker contributions to Social Security last year, helping to add more money in each weekly paycheck.

Inflation rose to 0.3% in January, in line with December, and is up 1.2% over the past 12 months.

commerce department, consensus, consumer, core cpe, costs, data, economic, employee, energy, food, income, inflation, news, paycheck, payroll, report, salary, social security, spending, tax cut, wage, worker

The Commerce Department reported that the income of American workers jumped a seasonally adjusted 1% in January largely with the help of a temporary payroll tax cut, ahead of consensus estimates for an increase of 0.9%, while cons

By Stephanie Shyu
sshyu@fnno.com

Overseas Shipholding Group Reported Narrower-Than-Expected Q4 Loss

Morten Arntzen, President and CEO, said, "2010 was clearly a disappointing year financially as a result of very depressed rates in all tanker segments in the last two quarters of the year. Nevertheless, we made substantial progres

analyst, assets, ceo, charter, commercial, consensus, contracts, cost, costs, earnings, eps, euronav, financial, joint venture, morten arntzen, nyse, operating, osg, overseas, price, profit, qatar, revenue, shares, ship, shipholding, shipping, stock, wall street

Overseas Shipholding Group (NYSE:OSG) reported a Q4 loss of $1.96 per share, ex-items, narrower than consensus estimates for a loss of $1.98 per share. Revenues for the quarter fell 4.4% year-over-year to $232.0 million, ahead of

By Stephanie Shyu
sshyu@fnno.com

Titanium Metals Missed Q4 Estimates, Top Line Up 18% (TIE)

Bob O'Brien, President and CEO, said, "Demand for our products has consistently improved throughout 2010 as customers, particularly in the commercial aerospace supply chain, right sized their inventory levels and prepared for incr

aerospace, analyst, bob o'brien, ceo, commercial, consensus, costs, customer, demand, earnings, eps, financial, income, industry, inventory, manufacturing, metals, nyse, price, revenues, sales, shares, stock, supply, tie, titanium, trade, volumes, wall street

Titanium Metals (NYSE:TIE) reported Q4 EPS of $0.13, missing consensus estimates of $0.14 per share. Revenues for the quarter rose 18% year-over-year to $217.3 million, missing consensus estimates of $220.7 million.

By Stephanie Shyu
sshyu@fnno.com

HSBC Holdings Reported 2010 Net Profit Doubled YoY, Missed C

Rising costs were around $1.7 billion, due to infrastructure spending and the cost of recruiting customer-facing staff.

HSBC Holdings has a potential upside of 3.5% based on a current price of $57.27 and an average consensus analyst price target of $59.26.

analyst, bank, consensus, costs, earnings, eps, financial, hbc, HSBC, nyse, price, profit, rating, recruiting, revenue, shares, spending, staff, stock, wall street

HSBC Holdings PLC (NYSE:HBC) reported that its 2010 net profit more than doubled to $13.16 billion, up from $5.83 billion in 2009, missing consensus estimates of $14.02 billion.

By Stephanie Shyu
sshyu@fnno.com

General Mills Is Best Positioned To Benefit From Spike In Agricultural Commodities

General Mills now trades at a discount to the rest of the sector, and possesses a rich $1.12 per share annual dividend.

barron's, food, maker, general mills, nyse, gis, company, sector, agriculture, commodities, costs, consumers, buyers, margin, profit, market, rally, trade, dividend, shares, revenue, prices, capitalization, kraft, brands, invest, advertising, recession

A Barron's feature report on big American food makers touted General Mills (NYSE:GIS) as the company best positioned in the sector to benefit from the recent spike in agricultural commodities by passing on the increased costs to c

By FNNO Staff
fnnonline@gmail.com

Latest News from FNNO

Shares of Rovi Underperformed its Peers ...

Here are 5 stocks in the Systems Software industry ranked by performance. We compiled ...

Shares of Commercial Metals Underperform...

Analysis was conducted on the Steel industry to measure relative performance to find st ...

Shares of Zale Underperformed its Peers ...

Below are five companies in the Specialty Stores industry that underperformed yesterday ...

Celanese had the Lowest Relative Perform...

Below are five companies in the Specialty Chemicals industry that underperformed yester ...

Weyerhaeuser had the Lowest Relative Per...

Analysis was conducted on the Specialized REITs industry to measure relative performanc ...

Encore Capital Group has Relatively Unde...

Analysis was conducted on the Specialized Finance industry to measure relative performa ...

Fomento Economico Mexicano had the Lowes...

Analysis was conducted on the Soft Drinks industry to measure relative performance to f ...

Simon Property has Relatively Underperfo...

Analysis was conducted on the Retail REITs industry to measure relative performance to ...

Most Popular Video News