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Yahoo! Reported In Line Q2 EPS, Missed Revenue Estimates

Published on Tue, 07/19/2011 - 15:40
By FNNO Staff in General Interest, yhoo, business, income, investment, market, news, shares, stocks, trade, yhoo, News Update

For Q3, the company sees revenue of $1.05 billion $1.1 billion, vs. consensus estimates of $1.12 billion.

Carol Bartz, CEO of Yahoo! said, "For the quarter, earnings per share was up by 18% year over year. We made clear progress in search, and saw strong growth in engagement on our media properties.

business, income, investment, market, news, shares, stocks, trade, yhoo

Yahoo! (NASDAQ:YHOO) reported Q2 EPS of $0.18, in line with consensus estimates. Revenues for the quarter fell 5% year-over-year to $1.08 billion, missing consensus estimates of $1.11 billion.

By FNNO Staff
fnnonline@gmail.com

Clorox Rejects Investor Deal

Published on Tue, 07/19/2011 - 14:58
By FNNO Staff in General Interest, CLX, business, clx, income, investment, market, news, shares, stocks, trade, News Update

Clorox Chairman and Chief Executive Don Knauss told Reuters in a telephone interview that they are not opposed to the sale and that he had a "mutually respectful conversation" with Icahn earlier on Monday.

Last Friday, Ichan put Clorox in play with an offer of $76.50 a share. The offer signified a 12% premium to the stock's closing price and a 15.5% premium last February, prior to Ichan announcing his stake on the company.

business, clx, income, investment, market, news, shares, stocks, trade

On Monday, Clorox (NYSE:CLX) rejected an offer from billionaire Carl Ichan who offered the company a value of more than $10 billion.

By FNNO Staff
fnnonline@gmail.com

News Corp's Murdoch Says He's Not Resigning

Published on Tue, 07/19/2011 - 14:54
By FNNO Staff in business, income, investment, market, news, nwsa, shares, stocks, trade
nwsa, business, income, investment, market, news, shares, stocks, trade

By FNNO Staff
fnnonline@gmail.com

Time Magazine Launching "All Access" Plan for Print and Digital Versions (TWX)

Published on Tue, 07/19/2011 - 13:53
By FNNO Staff in General Interest, twx, business, income, investment, market, news, shares, stocks, trade, twx, News Update
business, income, investment, market, news, shares, stocks, trade, twx

Time Warner's (NYSE:TWX) Time Magazine is launching a plan that will allow readers to obtain the magazine in multiple formats, including print, digital, and iPad editions, for one price. The new bundled service is set to begin on

By FNNO Staff
fnnonline@gmail.com

Avery Dennison Falls 12% Due To Negative Predictions

Published on Tue, 07/19/2011 - 13:48
By FNNO Staff in General Interest, AVY, avy, business, income, investment, market, news, shares, stocks, trade, News Update

In his announcement, Dean Scarborough, chief executive, said, "In the second quarter, volume in our two largest segments was negatively impacted as consumer packaged goods companies and apparel retailers and brands became more cau

Avery Dennison shed $4.55, dropping to $33.26 and became the worst percentage decliner in the S&P 500.

avy, business, income, investment, market, news, shares, stocks, trade

Shares of Avery Dennison Corp. (NYSE:AVY) dropped 12% after the company announced it's expected lower second quarter sales and trimmed its full-year profit outlook.

By FNNO Staff
fnnonline@gmail.com

PepsiCo Recognized for Best Company for Diversity

Published on Tue, 07/19/2011 - 13:38
By FNNO Staff in General Interest, business, income, investment, market, news, pespi, shares, stocks, trade, News Update

For the past seven years Pepsi has been included in the list.

PepsiCo has a potential upside of 13.6% based on a current price of $68.29 and an average consensus analyst price target of $77.58.

business, income, investment, market, news, pespi, shares, stocks, trade

Pepsi was named among Black Enterprise's 2011 40 Best Companies for Diversity. In the yearly ranking it commemorates U.S. companies that have successfully accepts inclusion that is reflected on their Board of Directors, employee b

By FNNO Staff
fnnonline@gmail.com

UBS Raised Its PT For Halliburton To $68, Maintained Its Buy Rating

Published on Tue, 07/19/2011 - 12:34
By FNNO Staff in General Interest, business, hal, income, investment, market, news, shares, stocks, trade, Analyst Actions

Halliburton has a potential upside of 16.1% based on a current price of $54.91 and an average consensus analyst price target of $63.76.

Halliburton is currently above its 50-day moving average (MA) of $48.83 and above its 200-day of $43.45.

business, hal, income, investment, market, news, shares, stocks, trade

UBS raised its price target for Halliburton (NYSE:HAL) to $68 from $63 and maintained its buy rating on the stock.

By FNNO Staff
fnnonline@gmail.com

American Express and Facebook Supply 'Likes' for Cardholders

Published on Tue, 07/19/2011 - 12:19
By FNNO Staff in american express, business, income, investment, market, news, shares, stocks, trade
american express, business, income, investment, market, news, shares, stocks, trade

By FNNO Staff
fnnonline@gmail.com

Stock Offer Pricing Causes Neostem To Sink 21%

Published on Tue, 07/19/2011 - 12:13
By FNNO Staff in General Interest, NBS, business, income, investment, market, nbs, news, shares, stocks, trade, News Update

Neostem plans to sell 13.75 million security units at $1.20 per unit. Each unit will consist of one common share and a warrant to buy 0.75 of a common share at $1.45.

Neostem is looking to gross $16.5 million from the transaction, which should close around July 22.

Neostem has a potential upside of 281% based on a current price of $1.05 and an average consensus analyst price target of $4.

business, income, investment, market, nbs, news, shares, stocks, trade

Shares of Neostem Inc. (AMEX:NBS) fell 21% to $1.04 after it priced a stock offering below Monday's closing price of $1.32.

By FNNO Staff
fnnonline@gmail.com

UBS Lowered Its PT For Gannett To $14, Maintained Its Neutral Rating

Published on Tue, 07/19/2011 - 12:07
By FNNO Staff in General Interest, CGI, business, cgi, income, investment, market, news, shares, stocks, trade, News Update

Gannett has a potential upside of 43.9% based on a current price of $13.32 and an average consensus analyst price target of $19.17.

Gannett is currently below its 50-day moving average (MA) of $14.01 and below its 200-day MA of $14.52.

business, cgi, income, investment, market, news, shares, stocks, trade

UBS lowered its price target for Gannett (NYSE:GCI) to $14 form $16 and maintained its neutral rating on the stock.

By FNNO Staff
fnnonline@gmail.com

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