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Morgan Stanley Adjusted Its 2011, 2013 EPS Estimates For Lexicon Pharmaceuticals

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Morgan Stanley adjusted its 2011 and 2013 EPS estimates for Lexicon Pharmaceuticals (NASDAQ:LXRX) and maintained its equal-weight rating and $2 price target. The bank sees a 2011 loss of $0.32 per share, narrower than its previous

By FNNO Staff
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Google Introduces Game Feature For Google+

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Google (NASDAQ:GOOG) is again trying to compete with Facebook as they release a new games feature on their social networking site, Google+. In a statement, Google said that it wants "to bring the nuance and richness of real-life s

By FNNO Staff
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Morgan Stanley Lowered Its PT For DeVry To $60

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By FNNO Staff
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Shares of Red Robin Soar After Surprise Q2 Under New Management Team

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Red Robin Gourmet Burgers (NASDAQ:RRGB) shares increased 9% before the market opened on Friday following a new management that delivered a 59% boost in net income over the Q2. Analysts Lynne Collier and Philip May of Sterne Agee s

By FNNO Staff
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ViewEditTrack: TiVo Authorizes Stock Repurchase Plan of Up to $100 Million

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TiVo (NASDAQ:TIVO) announced that its board has authorized the repurchase of $100 million of its outstanding common shares over a period of two years. The share repurchase program will be funded through the company's existing cash

By FNNO Staff
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Wal-Mart increases annual dividend by 21%

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The Board of Wal-Mart has approved an annual dividend of $1.46 per share, a 21% increase from the $1.21 per share paid during FY11. For the current fiscal year ending Jan. 31, 2012, the annual dividend of $1.46 per share will be p

By Stephanie Shyu
sshyu@fnno.com

Santarus Blows Past Q4 Revenue Estimates, Guides Above Stree

For 2011, the company expects revenue of about $110 mln, vs. the Street view of $99 mln. The company expects to report at least breakeven earnings on a GAAP basis. The Street stands at $0.07 per share.

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Santarus (SNTS) reports Q4 revenue of $25.9 mln, well ahead of the analyst consensus of $18 mln on Thomson Reuters. Loss for the quarter was $0.03, better than expectations of a loss of $0.28 per share, if comparable.

By Stephanie Shyu
sshyu@fnno.com

BJ's Restaurants On Track To Open 12-13 New Restaurants In 2011

The company stated its real estate pipeline continues to be in excellent shape, and their development team is currently finalizing several new restaurant locations for potential 2012 openings.

BJ's currently has 6 restaurants under construction for planned openings later this year.

BJ's Restaurants is trading down 0.75% at $35.68 per share.

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BJ's Restaurants (NASDAQ:BJRI) announced it was on track to open as many as 12 to 13 new restaurants during 2011.

By FNNO Staff
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Citigroup Raised Its PT For Philip Morris International To $63.50

The bank sees 2011 EPS of $4.42, vs. consensus estimates of $4.43, and 2012 EPS of $4.89, vs. consensus estimates of $4.90 per share.

Philip Morris has a potential upside of 4.1% based on a current price of $62.53 and an average consensus analyst price target of $65.11.

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Citigroup raised its price target for Philip Morris International (NYSE:PM) to $63.50 from $60.50 and maintained its hold rating on the stock.

By FNNO Staff
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General Mills, Nestle Among Leading Bidders for Yoplait, Report Says

The two submitted offers valuing Yoplait at $2.2 billion, the report said.

General Mills shares are down 0.83%, or $0.31, to $36.83. Nestle shares are up 0.14%.

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General Mills (GIS) and Nestle (NSRGY) are mixed after the two food companies emerged among the leading bidders for the 50% stake in yogurt-maker Yoplait owned by PAI Partners, Bloomberg reported, citing four people familiar with

By FNNO Staff
fnnonline@gmail.com

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