business

Anadarko Petroleum Topped Q2 EPS Estimates

Published on Mon, 07/25/2011 - 16:13
By FNNO Staff in Fast Lane, APC, business, income, investment, Market, news, shares, stocks, trade, In The News

Anadarko Chairman and CEO Jim Hackett said, "We achieved record liquids sales volumes during the quarter, enhancing margins and generating excellent cash flows.

Anadarko Petroleum (NYSE:APC) announced Q2 EPS of $1.14, ex-items, ahead of consensus estimates of $0.95 per share. During the quarter, sales volumes totaled 62 million barrels of oil equivalent, or 685,000 BOE per day, averaging

By FNNO Staff
fnnonline@gmail.com

Apple Reaches $400 During Regular Trading

Published on Mon, 07/25/2011 - 15:22
By FNNO Staff in General Interest, AAPL, business, income, investment, Market, news, shares, stocks, trade, In The News

The stock's previous 52-week high prior to Monday was $396.27. The stock has increased progressively throughout the past several years and has reached 21.9% so far this year.

Apple has a potential upside of 25.5% based on a current price of $398.53 and an average consensus analyst price target of $500.24.

Apple (NASDAQ:AAPL) shares reached the $400 mark for the first time today during regular trading today.

By FNNO Staff
fnnonline@gmail.com

UBS Raised Its PT For Caterpillar To $114, Maintained Its Neutral Rating

Published on Mon, 07/25/2011 - 15:18
By FNNO Staff in General Interest, business, CAT, income, investment, Market, news, shares, stocks, trade, In The News

Caterpillar has a potential upside of 23.7% based on a current price of $106.19 and an average consensus analyst price target of $131.31.

Caterpillar should find initial support at its 50-day moving average (MA) of $103.74 and further support at its 200-day MA of $98.01.

UBS raised its price target for Caterpillar (NYSE:CAT) to $114 from $104 and maintained its neutral rating on the stock.

By FNNO Staff
fnnonline@gmail.com

UBS Raised Its PT For Clorox To $75, Maintained Its Neutral

Published on Mon, 07/25/2011 - 15:12
By FNNO Staff in General Interest, business, CLX, income, investment, Market, news, shares, stocks, trade, In The News

Clorox is currently above its 50-day moving average (MA) of $69.09 and above its 200-day of $66.81.

In the last five trading sessions, the 50-day MA has climbed 0.67% while the 200-day MA has risen 0.26%.

UBS raised its price target for Clorox (NYSE:CLX) to $75 from $74 and maintained its neutral rating on the stock.

By FNNO Staff
fnnonline@gmail.com

Exxon Mobil's Marine Affiliate Announces Plan For Two New Tankers

Published on Mon, 07/25/2011 - 14:22
By FNNO Staff in General Interest, business, income, investment, Market, news, shares, stocks, trade, XOM, In The News

The vessels will be used to transport Alaska North Sloe crude oil from Prince William Sound, Alaska to U.S. West Coast destinations.

Exxon Mobil (NYSE:XOM) U.S. marine affiliate, SeaRiver Maritime, signed a letter of intetn with Aker Philadelphia Shipyard for the construction of two U.S. flag, crude, oil tankers in partnership with Samsung Heavy Industries.

By FNNO Staff
fnnonline@gmail.com

General Dynamics Buys Fortress Technologies

Published on Mon, 07/25/2011 - 14:19
By FNNO Staff in General Interest, business, GD, income, investment, Market, news, shares, stocks, trade, In The News

Specific financial terms of cash weren't disclosed, but General Dynamics said it expects the acquisition to boost its profits starting next year.

The company will be controlled by General Dynamics C4 Systems, which is designs and manufactures communications systems, command and control systems and operational hardware for the U.S.

General Dynamics Corp. (NYSE:GD), defense and aerospace contractor, said Monday that it completed its purchase of Fortress Technologies Inc., which provides secure wireless networking equipment for the U.S. military and other gove

By FNNO Staff
fnnonline@gmail.com

Morgan Stanley Adjusted 2011, 2012 EPS Estimates For Manpower

Published on Mon, 07/25/2011 - 12:35
By FNNO Staff in General Interest, business, income, investment, MAN, Market, news, shares, stocks, trade, In The News

The bank sees 2011 EPS of $3.29, up from $3.20 per share, and 2012 EPS of $4.15, up from $4.14 per share.

Manpower has a potential upside of 39.3% based on a current price of $53.46 and an average consensus analyst price target of $74.44.

Morgan Stanley adjusted its 2011 and 2012 EPS estimates for Manpower (NYSE:MAN) and maintained its equal-weight rating on the stock.

By FNNO Staff
fnnonline@gmail.com

AT&T Preparing Release Of iPhone 5

Published on Mon, 07/25/2011 - 12:32
By FNNO Staff in General Interest, business, income, investment, Market, news, shares, stocks, T, trade, In The News

According to an unnamed source, the company told its managers to finish training as soon as possible to handle the increase in traffic.

AT&T (NYSE:T) has a potential upside of 8.7% based on a current price of $30.02 and an average consensus analyst price target of $32.64.

AT&T (NYSE:T) has started internally communicating Apple's (NASDAQ:AAPL) launch plans for early to mid-September.

By FNNO Staff
fnnonline@gmail.com

Patni Computer Systems Limited Misses Q2 Estimates

Published on Mon, 07/25/2011 - 11:02
By FNNO Staff in General Interest, business, income, investment, Market, news, pti, shares, stocks, trade, In The News

Phaneesh Murthy, CEO and MD, Patni said, "Our integration process is well on track as we build the two companies together under our new vision. We expect our results to stabilize in 2012 after all the integration expenses and the

Patni Computer Systems Limited (NYSE:PTI) reported Q2 EPS of $0.29, missing analyst estimates of $0.36. Revenues for the quarter rose 9.7% year-over-year to $183.6 million missing consensus estimates of $196.02 million.

By FNNO Staff
fnnonline@gmail.com

Boeing Expects 787 Dreamliner Certification By September

Published on Mon, 07/25/2011 - 10:58
By FNNO Staff in General Interest, BA, business, income, investment, Market, news, shares, stocks, trade, In The News

Boeing has a potential upside of 21.8% based on a current price of $71.63 and an average consensus analyst price target of $87.25.

Boeing is currently above its 200-day moving average (MA) of $71.31 and should find resistance at its 50-day MA of $74.31.

Bloomberg reported that Boeing (NYSE:BA) said it expects its 787 Dreamliner certification by September.

By FNNO Staff
fnnonline@gmail.com

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