Jim Cramer Blog

Here are 7 stocks for traders for Tuesday from TradingMarkets.com:
Avon Products (NYSE:AVP - News) reports earnings results on Tuesday before the market opens, with traders looking for $0.36 EPS. AVP's Short Term PowerRating is 3.

CME Group (NYSE:CME - News) is looking to report $3.62 EPS before the market opens on Tuesday. CME's Short Term PowerRating is 5.
Analysts will be watching for Duke Energy (NYSE:DUK - News) to announce $0.24 EPS on Tuesday morning. DUK's Short Term PowerRating is 4.
When Tyco (NYSE:TYC - News) announces quarterly results tomorrow morning, watch for $0.56 EPS. TYC's Short Term PowerRating is 3.
Bankrate (NasdaqGS:RATE - News) is poised to announce $0.39 EPS tomorrow after the stock market closes. RATE's Short Term PowerRating is 2.
Cheesecake Factory (NasdaqGS:CAKE - News) is expected to report $0.26 EPS tomorrow after the market closes. CAKE's Short Term PowerRating is 4.
JDS Uniphase (NasdaqGS:JDSU - News) should announce $0.12 EPS tomorrow afternoon when the market is closed. JDSU's Short Term PowerRating is 4.

Labels: AVP, CAKE, CME, DUK, Hot Stocks, JDSU, RATE, TYC

Triple-S Management (GTS)
True success stories on The Street may be harder to find these days, but Cramer has observed the progress of non-profit Blue Cross Blue Shield companies that turn into public for-profit companies and found in their first four years the stocks had increased an average of 28%. He would consider Triple-S Management (GTS) which went public last week and has yet to set the sector on fire, since it opened only 16 cents above its $14.50 and undershot its projected range of $16-$18. Cramer said the companies contracts will become profitable and warned investors to do homework before buying and to use limit orders.
CEO Interview: Jack Cumming Hologic (HOLX)
Cramer likes HOLX for its visibility, growth and clean balance sheet and asked Jack Cumming about the merger with Cytic which was closed on Oct 22 and is running ahead of schedule. Cumming discussed the company's $1.3 billion convertible bond offering as a strategy to eliminate debt. Concerning competitors, He noted HOLX entered the scene two years behind its main rivals and is nine months ahead on the race for digital mammography. "We believe that when you have nine No 1. products, you're expected to grow at a fantastic rate," Cumming said.
Live with Regis' Portfolio: JDS Uniphase (JDSU), Time Warner (TWX), Advanced Micro Devices (AMD), LSI Logic (LSI), Unisys (UIS), Freeport-McMoRan (FCX), McDonald's (MCD), CVS Caremark (CVS), Oceaneering (OII), Transocean (RIG), Chevron (CVX)
Regis told viewers not to worry about holiday retail sales, since people are lining up outside stores, and Cramer reviewed Regis' portfolio. First, he told Regis he missed the ideal opportunity to sell Time Warner, which rose recently, and would sell it now. He also told Regis to sell AMD, since the company is having trouble with its next chip and has Hector Ruiz at the helm. The ticker JDSU stands for "just don't sue us," said Cramer and he told Regis to sell. He gave LSI a "tepid buy" and added "it has a shot at coming back," but Cramer told Regis Unisys was one big "house of pain." Cramer suggested Regis replace these names with FCS, MCD, CVS, OII, RIG and CVX.
Teledyne Technologies (TDY), Ansys (ANSS)
Cramer says TDY and ANSS are two "Upod artists" that overpromise and underdeliver; "Upod works because the bedrock predictor is the trumping of earnings estimates," he said. TDY is tapped into aerospace and oil, has exceeded estimates an average of 15% per quarter, has made smart acquisitions and is cheap, but Cramer would wait for it to dip before buying. Ansys is the "market leader" in simulation and software, has strong overseas exposure, 68% return business and has exceeded estimates 40 consecutive times. The stock may seem expensive, but it is growing at an impressive 19% and should be trading at a higher multiple.
Published By SeekingAlpha

Labels: AMD, ANSS, CVS, CVX, FCX, GTS, HOLX, JDSU, Jim Cramer, LSI, Mad Money, MCD, OII, RIG, TDY, TWX, UIS

Here are 7 stocks for traders for Thursday from TradingMarkets.com:
JDS Uniphase (NasdaqGS:JDSU - News) beat earnings estimates on Wednesday afternoon, announcing $0.08 EPS over an expected $0.06 EPS. JDSU's PowerRating (for Traders) is 5.
Advance Auto (NYSE:AAP - News) beat earnings with $0.61 EPS over a consensus of $0.58 EPS. AAP's PowerRating (for Traders) is 4.
Agilysys (NasdaqGS:AGYS - News) reports earnings on Thursday morning before the bell, with analysts looking for $0.10 EPS. AGYS's PowerRating (for Traders) is 4.
Dominion (NYSE:D - News) should announce $1.74 EPS on Thursday before the market opens. D's PowerRating (for Traders) is 5.
Analysts are watching for Dril-Quip RQ to report $0.62 EPS on Thursday morning before the bell. DRQ's PowerRating (for Traders) is 5.
When Eastman-Kodak (NYSE:EK - News) announces quarterly results tomorrow morning, analysts will be watching for $0.24 EPS. EK's PowerRating (for Traders) is 5.
Exxon Mobil (NYSE:XOM - News) looks set to report $1.74 EPS tomorrow morning. XOM's PowerRating (for Traders) is 5.

Labels: AAP, AGYS, D, EK, Hot Stocks, JDSU, XOM

JDSU today reported results for its first quarter ended September 29, 2007.
Net revenue for the first quarter of 2008 was $356.7 million and the net loss was $6.9 million, or $(0.03) per share. This compares to net revenue of $318.1 million and a net loss of $17.4 million or $(0.08) per share in the first quarter of 2007.
On a non-GAAP basis, net revenue for the first quarter was $357.2 million and the net income was $18.0 million, or $0.08 per share. This compares to non-GAAP net revenue of $318.2 million and net income of $6.8 million, or $0.03 per share in the first quarter 2007.
On an adjusted EBITDA basis (adjusted Earnings Before Interest, Taxes, Depreciation and Amortization) the Company reported $23.7 million for the first quarter, which compares to $9.6 million for the first quarter 2007.
"In Q1 all key financial metrics improved sequentially as well as year-over-year. For the third consecutive quarter, the company was free cash flow positive at more than $27 million," said Kevin Kennedy, JDSU's Chief Executive Officer. "Looking forward, JDSU remains focused on innovation and continuous improvement of our business model."

Labels: JDS Uniphase Corp., JDSU

Here are 7 trading ideas for today. These lists come directly from the TradingMarkets Stock Indicators page and are based upon our latest quantitative research.
Bullish
5+ Consecutive Lower Lows: These are stocks that have made a lower low for five or more consecutive days and are trading above their 200-day moving average. Our research shows that stocks trading above their 200-day moving average that make lower lows for five or more days have shown positive returns, on average, 1-day, 2-days and 1-week later. Historically, these stocks have provided traders with a significant edge.

NxStage Medical (NasdaqGM:NXTM - News) & United Fire & Casualty (NasdaqGS:UFCS - News). NXTM's PowerRating (for Traders) is 7, and UFCS's PowerRating (for Traders) is 6.
2-Period RSI Below 2: These are stocks that have a 2-period RSI reading below 2 and are trading above their 200-day moving average. Our research shows that stocks trading above their 200-day moving with a 2-period RSI reading below 2 have shown positive returns, on average, 1-day, 2-days and 1-week later. Historically, these stocks have provided traders with a significant edge.
Southwest Water (NasdaqGS:SWWC - News). SWWC's PowerRating (for Traders) is 7.
Bearish
5+ Consecutive Up Days: These are stocks that have closed up for five or more consecutive days and are trading below their 200-day moving average. Our research shows that stocks trading below their 200-day moving average that close up for five or more days have shown negative returns, on average, 1-week later. Historically, these stocks have provided traders with a significant edge.
Accredited Home Lenders (NasdaqGS:LEND - News). LEND's PowerRating (for Traders) is 3.
5+ Consecutive Higher Highs: These are stocks that have made a higher high for five or more consecutive days and are trading below their 200-day moving average. Our research shows that stocks trading below their 200-day moving average that make higher highs for five or more days have shown negative returns, on average, 1-day, 2-days and 1-week later. Historically, these stocks have provided traders with a significant edge.
Cutera (NasdaqGS:CUTR - News). CUTR's PowerRating (for Traders) is 3.
2-Period RSI Above 98: These are stocks that have a 2-day RSI reading above 98 and are trading below their 200-day moving average. Our research shows that stocks trading below their 200-day moving average with a 2-period RSI reading above 98 have shown negative returns, on average, 1-day and 1-week later. Historically, these stocks have provided traders with a significant edge.
JDS Uniphase (NasdaqGS:JDSU - News). JDSU's PowerRating (for Traders) is 3.
Stocks Up 10% or More: These are stocks that have gained 10% or more over the past five days and are trading below their 200-day moving average. Our research shows that stocks trading below their 200-day moving average that have gained 10% or more over the past five days have shown negative returns, on average, 1-week later. Historically, these stocks have provided traders with a significant edge.
Rackable Systems (NasdaqGS:RACK - News). RACK's PowerRating (for Traders) is 2.
PowerRatings (for Traders) are courtesy of TradingMarkets.com

Labels: Accredited Home Lenders Holding Co., CUTR, Hot Stocks, JDSU, LEND, NXTM, RACK, SWWC, UFCS

Here are 7 trading ideas for today. These lists come directly from the TradingMarkets Stock Indicators page and are based upon our latest quantitative research.
Bullish
Gaps Down 5% or More: These are stocks that gap down by 5% or more and are trading above their 200-day moving average. Our research shows that stocks trading above their 200-day moving average that gap down by more than 5% have shown positive returns, on average, 1-day, 2-days and 1-week later. Historically, these stocks have provided traders with a significant edge.
Compuware (NasdaqGS:CPWR - News). CPWR's PowerRating is 6.
Laps Down 5% or More: These are stocks that lap down by 5% or more and are trading above their 200-day moving average. Our research shows that stocks trading above their 200-day moving average that lap down by more than 5% have shown positive returns, on average, 1-day, 2-days and 1-week later. Historically, these stocks have provided traders with a significant edge.
Dendreon (NasdaqGM:DNDN - News). DNDN's PowerRating is 5.
5+ Consecutive Down Days: These are stocks that have closed down for five or more consecutive days and are trading above their 200-day moving average. Our research shows that stocks trading above their 200-day moving average that close down for five or more days have shown positive returns, on average, 1-day, 2-days and 1-week later. Historically, these stocks have provided traders with a significant edge. Historically, these stocks have provided traders with a significant edge.
State Street Corporation (NYSE:STT - News). STT's PowerRating is 6.
5+ Consecutive Lower Lows: These are stocks that have made a lower low for five or more consecutive days and are trading above their 200-day moving average. Our research shows that stocks trading above their 200-day moving average that make lower lows for five or more days have shown positive returns, on average, 1-day, 2-days and 1-week later. Historically, these stocks have provided traders with a significant edge.
Hormel Foods (NYSE:HRL - News). HRL's PowerRating is 6.
2-Period RSI Below 2: These are stocks that have a 2-period RSI reading below 2 and are trading above their 200-day moving average. Our research shows that stocks trading above their 200-day moving with a 2-period RSI reading below 2 have shown positive returns, on average, 1-day, 2-days and 1-week later. Historically, these stocks have provided traders with a significant edge.
Mastercard (NYSE:MA - News). MA's PowerRating is 7.
Bearish
5+ Consecutive Up Days: These are stocks that have made a higher high for five or more consecutive days and are trading below their 200-day moving average. Our research shows that stocks trading below their 200-day moving average that make higher highs for five or more days have shown negative returns, on average, 1-day, 2-days and 1-week later. Historically, these stocks have provided traders with a significant edge.
NYSE Euronext (NYSE:NYX - News). NYX's PowerRating is 3.
5+ Consecutive Higher Highs: These are stocks that have made a higher high for five or more consecutive days and are trading below their 200-day moving average. Our research shows that stocks trading below their 200-day moving average that make higher highs for five or more days have shown negative returns, on average, 1-day, 2-days and 1-week later. Historically, these stocks have provided traders with a significant edge.
JDS Uniphase (NasdaqGS:JDSU - News). JDSU's PowerRating is 2.
PowerRatings (for Traders) are courtesy of TradingMarkets.com

Labels: CPWR, DNDN, Hot Stocks, HRL, JDSU, MA, NYX, STT

Here are 7 trading ideas for today. These lists come directly from the TradingMarkets Stock Indicators page and are based upon our latest quantitative research.
Bullish
5+ Consecutive Down Days: These are stocks that have closed down for five or more consecutive days and are trading above their 200-day moving average. Our research shows that stocks trading above their 200-day moving average that close down for five or more days have shown positive returns, on average, 1-day, 2-days and 1-week later. Historically, these stocks have provided traders with a significant edge. Historically, these stocks have provided traders with a significant edge.

Dean Foods (NYSE:DF). DF's PowerRating is 6.
5+ Consecutive Lower Lows: These are stocks that have made a lower low for five or more consecutive days and are trading above their 200-day moving average. Our research shows that stocks trading above their 200-day moving average that make lower lows for five or more days have shown positive returns, on average, 1-day, 2-days and 1-week later. Historically, these stocks have provided traders with a significant edge.
Kraft Foods (NYSE:KFT) & CPI Corporation (NYSE:CPY). KFT's PowerRating is 6, and CPY's PowerRating is 5.
Bearish
5+ Consecutive Up Days: These are stocks that have made a higher high for five or more consecutive days and are trading below their 200-day moving average. Our research shows that stocks trading below their 200-day moving average that make higher highs for five or more days have shown negative returns, on average, 1-day, 2-days and 1-week later. Historically, these stocks have provided traders with a significant edge.
JDS Uniphase (NasdaqGS:JDSU) & Netflix (NasdaqGS:NFLX). JDSU's PowerRating is 3, and NFLX's PowerRating is 3.
5+ Consecutive Higher Highs: These are stocks that have made a higher high for five or more consecutive days and are trading below their 200-day moving average. Our research shows that stocks trading below their 200-day moving average that make higher highs for five or more days have shown negative returns, on average, 1-day, 2-days and 1-week later. Historically, these stocks have provided traders with a significant edge.
Harley-Davidson (NYSE:HOG) & Royal Gold (NasdaqGS:RGLD). HOG's PowerRating is 4, and RGLD's PowerRating is 3.
PowerRatings (for Traders) are courtesy of TradingMarkets.com

Labels: CPY, DF, HOG, Hot Stocks, JDSU, KFT, NFLX, RGLD

Symbol
Name
Last Trade
Change
Volume
Related Info
VOXW
VOXWARE INC
5.72 May 3
1.68 (22.70%)
175,471

PGLA
PROGEN INDS LTD
4.80 May 3
1.23 (20.40%)
393,521

OPTC
OPTELECOM-NKF INC
6.70 May 3
1.66 (19.86%)
175,295

ACLS
AXCELIS TECH INC
6.64 May 3
1.56 (19.02%)
6,909,791

OMX
OFFICEMAX INC.
41.79 May 3
7.67 (15.51%)
9,736,812

ASTIW
ASCENT SOLAR TECH
2.2560 May 3
0.4140 (15.51%)
143,716

CLRT
CLARIENT INC
2.06 May 3
0.36 (14.88%)
979,195

PROS
PROCENTURY
18.81 May 3
3.21 (14.58%)
479,552

IOT
INCOME OP RL INV INC
5.25 May 3
0.89 (14.50%)
4,100

JDSU
JDS UNIPHASE CP
14.33 May 3
2.31 (13.88%)
34,273,831

ZOOM
ZOOM TECH INC
1.24 May 3
0.19 (13.29%)
70,573

DDDC
DELTATHREE INC
1.43 May 3
0.21 (12.80%)
371,001

THOR
THORATEC CORP
17.36 May 3
2.54 (12.76%)
5,518,184

CRWS
CROWN CRAFTS INC
3.65 May 3
0.52 (12.47%)
374,032

CSK
CHESAPEAKE CP
13.89 May 3
1.88 (11.92%)
733,200

BLT
BLOUNT INTL INC
12.68 May 3
1.62 (11.33%)
480,600

APAT
APA ENTERPRISES
1.32 May 3
0.16 (10.81%)
32,046

UHCP
UNITED HERITAGE
0.90 May 3
0.11 (10.70%)
5,230

KFS
KINGSWAY FINANCIAL S
18.29 May 3
2.19 (10.69%)
139,500

IACIW
IAC/INTERACTIVE WT
2.70 May 3
0.30 (10.00%)
2,800

Labels: ACLS, APAT, ASTIW, BLT, CLRT, CRWS, CSK, DDDC, IACIW, IOT, JDSU, KFS, OMX, OPTC, PGLA, PROS, THOR, UHCP, VOXW, ZOOM

Here are 7 options to watch for today. This list comes directly from the TradingMarkets Options Indicators page. The list is created using OptionVue options analysis software.
Most Underpriced Calls: These are the most under priced calls of all stocks in our database. While the Equities Explosion List finds groups of calls for individual equities that are under priced, this list finds the most under priced individual calls. Thus, the options listed here will tend to be more severely under priced.

Mastercard June 140 Calls (NYSE:MA). MA's PowerRating is 4.
Most Underpriced Puts: These are the most under priced puts of all stocks in our database. While the Equities Explosion List finds groups of puts for individual equities that are under priced, this list finds the most under priced individual puts. Thus, the options listed here will tend to be more severely under priced.
Intercontinental Exchange May 120 Puts (NYSE:ICE). ICE's PowerRating is 6.
Most Overpriced Calls: These are the most overpriced calls of all stocks in our database. While the Equities Implosion List finds groups of calls for individual equities that are overpriced, this list finds the most overpriced individual calls. Thus, the options listed here will tend to be more severely overpriced.
Dendreon May 17.5 Calls (NasdaqGM:DNDN). DNDN's PowerRating is 3.
Apple Inc. July 105 Calls (NasdaqGS:AAPL). AAPL's PowerRating is 4.
Most Overpriced Puts: These are the most overpriced puts of all stocks in our database. While the Equities Implosion List finds groups of puts for individual equities that are overpriced, this list finds the most overpriced individual puts. Thus, the options listed here will tend to be more severely overpriced.
Oil Services HOLDRs July 140 Puts (AMEX:OIH). OIH's PowerRating is 5.
Stocks with Abnormal Call Volume: These are stocks which showed unusual call option volume not easily explained by arbitrage operations. The appearance of a stock on the Call Volume Alerts list suggests a possible takeover, extraordinarily good earnings report, or other news which may favorably affect the stock.
JDS Uniphase (NasdaqGS:JDSU). JDSU's PowerRating is 4.
Stocks with Abnormal Put Volume: These are stocks which showed unusual put option volume not easily explained by arbitrage operations. The appearance of a stock on the Put Volume Alerts list suggests an extraordinarily negative earnings report, or other news which may negatively affect the stock.
None today
Abnormal Put/Call $ Volume: These stocks have the highest dollar put volume in relation to their call volume. These high ratios are indicative of extreme bearish sentiment in the underlying stock.
US Airways Group (NYSE:LCC) . LCC's PowerRating is 6.
PowerRatings are courtesy of TradingMarkets.com

Labels: AAPL, DNDN, ICE, JDSU, LLC, MA, OIH, stock options

Bullish:

Tata Motors (NYSE: TTM): ' This one's going back to its high. India has been the swing factor.'Ciena (NasdaqGS: CIEN)Corning (NYSE: GLW)Stryker (NYSE: SYK): 'Stryker is fabulous! Orthopedic implants'Zimmer (NYSE: ZMH)'Let's not forget though... As good as SYK is, you know what's even better? Zimmer! What a quarter from the Zim machine!... As of yesterday, up $3. That's okay.'Goldman Sachs (NYSE: GS): 'If you want to own an investment firm, I'm going to send you to the one that sells at 10x earnings, which has been a continual theme on this show that I have been dead right on... I am talking about Goldman Sachs and I think GS is going to $325.'FuelCell Energy (NasdaqGM: FCEL): 'Okay, this is what I call an 'optionality play'... If oil spikes this weekend - up $5, or spikes... - your $7 stock will go up 3-4 points. I am not going to bless this stock as an investment. I will bless it as a speculative play - buy, buy, buy!'Yamana Gold (NYSE: AUY): 'AUY grows and grows and grows! And we want growth from a gold stock. We are not getting off the AUY horse!'Kinross Gold (NYSE: KGC)
Bearish calls:
JDS Uniphase (NasdaqGS: JDSU): 'I remain skeptical, because I have been burned so many times by this company, but I have to be honest, it does act well. I'm keeping it in the 'don't buy' but I can't blame anyone who wants to speculate...'DreamWorks (NYSE: DWA): 'I missed it! I missed it! It bottomed and I missed it, and I am angry at myself for missing it, but I can't recommend it up here. It's had too big a move. Don't buy, don't buy.'U.S. Global Investors (NasdaqCM: GROW): 'No. This is an investment advisory firm. C'mon man. Don't buy, don't buy. 'Quiksilver (NYSE: ZQK): 'Everyone tells me that they're bottomed... I went out the other day and said I was negative on it. I didn't like the acquisition they made. People have been telling me that I'm dead wrong about that... That stock is a house of pain, and I'm staying away from it!'Micron Technology (NYSE: MU): 'Let me tell you something, that's a loser! ' (buzzer sounds)

Published By SeekingAlpha

Labels: AUY, CIEN, DWA, FCEL, GLW, GS, JDSU, Jim Cramer, KGC, Lightning Round, Mad Money, MU, SYK, TTM, ZMH, ZQK

8x8 Inc. (NasdaqCM:EGHT - News) shares slid after the Santa Clara, Calif.-based provider of internet-based telephony products posted a fiscal third-quarter net loss of $3.06 million, or 5 cents a share, vs. a net loss of $6.79 million, or 12 cents a share, for the same period last year. Excluding stock-based compensation, the company posted a loss of 4 cents a share. Revenue rose to $13.2 million from $8.48 million.
Alliance Data Systems Corp. (NYSE:ADS - News) said fourth-quarter net income rose, as revenue gained, to $39.6 million, or 48 cents a share, from $31.3 million, or 38 cents a share, during the same period in the prior year.
Andrew Corp. (NasdaqGS:ANDW - News) swung to fiscal first-quarter loss of $2.55 million, or 2 cents a share, from year-earlier net income of $14.8 million, or 9 cents a share. The maker of communications systems said loss for the latest quarter reflects an aggregate charge of 10 cents a share for restructuring, amortization, litigation costs and a provision for a quality issue. First-quarter total sales increased to $522.2 million from $514.7 million, as wireless-infrastructure sales increased 3% to $499 million. Analysts surveyed by Thomson Financial, on average, expected the Westchester, Ill., company to earn 12 cents a share on sales of $552.4 million for the first quarter ended Dec. 31. Analysts' estimates typically exclude unusual items.
Applebee's International Inc. (NasdaqGS:APPB - News) said its January system-wide domestic sales at restaurants open at least one year fell 5.8%. Comparable sales for domestic franchise restaurants decreased 5.5% for the four-week period ended Jan. 28.
Apache (NYSE:APA - News) said its fourth-quarter net income fell to $520.8 million, or $1.56 a share, from $788.2 million, or $2.35 a share, a year ago, reflecting lower gas prices. A Thomson Financial survey of analysts, on average, expected earnings of $1.60 a share for the quarter. Analysts' estimates usually exclude items.
Archstone-Smith (NYSE:ASN - News), the Denver real-estate investment trust focused on apartments, reported fourth-quarter net income fell 5.8% on 30% higher revenue. Earnings were $306.6 million, or $1.36 a share, compared with $325.4 million, or $1.52, in the year-earlier period. Per-share funds from operations reflecting gains and losses rose 5% $1.46 from $1.39. In 2007, the company expects to earn $2.20 to $2.50 a share and report FFO of $2.24 to $2.38.
Comcast Corp. (NasdaqGS:CMCSA - News) said fourth-quarter net income for the three months ended Dec. 31 nearly tripled to $390 million or 18 cents a share, from $133 million, or 6 cents a share in the year-ago period. Income from continuing operations rose to 20 cents a share from 5 cents a share. Adjusted income in the latest quarter was 21 cents a share. Operating cash flow increased to $2.59 billion from $2.04 billion. Revenue climbed to $7.03 billion from $5.42 billion. Analysts surveyed by Thomson Financial forecast earnings of 24 cents a share and revenue of $7.13 billion. For 2007, Comcast (NasdaqGS:CMCSK - News) forecasts consolidated revenue growth of at least 11% on an adjusted basis and consolidated operating cash flow growth of at least 13%.
CRM Holdings Ltd. (NasdaqGS:CRMH - News) said it expects fourth-quarter earnings of 23 to 27 cents a share for the fourth quarter, including charges of 11 cents a share and gains totaling 14 cents a share. For the year ended Dec. 31, the company sees earnings of 87 to 89 cents a share. The current average estimate of analysts polled by Thomson Financial is for a profit of 24 cents a share in the December quarter.
Gevity HR (NasdaqGS:GVHR - News) shares slipped after the company said it expects revenue of about $156 million for the fourth quarter, lower than a previous forecast for revenue of between $167 million and $177 million due to higher client attrition and lower client production than anticipated.
Goodrich Corp. (NYSE:GR - News) reported fourth-quarter earnings of $98.9 million, or 78 cents a share, up from a year-ago profit of $69.6 million, or 56 cents a share. Sales rose in the latest three months to $1.54 billion from $1.4 billion in the same period a year earlier. The average estimate of analysts polled by Thomson Financial was for a profit of 67 cents a share in the December period on revenue of $1.49 billion. Looking ahead, the Charlotte, N.C., aerospace and defense systems provider lifted its outlook for fiscal 2007 to earnings of $2.95 to $3.15 a share from a prior projection of $2.90 to $3.10 a share. It sees sales of between $6.2 billion and $6.4 billion for the year. Wall Street's current consensus estimate is for earnings of $3.06 a share in 2007.
Hanesbrands (NYSE:HBI - News) said net income in the quarter ending Dec. 30 fell 78% to $23.8 million as sales fell 4.3% to $1.13 billion. The company said the fall in profit was largely due to a higher interest expense, reduced operating profit and higher income tax. Revenue was down due to weakness in the innerwear segment and the intentional discontinuance of low-margin product lines. The company said its results also include items associated with restructuring and its spin-off as an independent company. Hanesbrands was previously a division of Sara Lee Corp.
Hartes-Hanks Communications (NYSE:HHS - News) was downgraded to neutral from outperform at Robert W. Baird.
JDS Uniphase (NasdaqGS:JDSU - News) shares slid after the fiber optics networking company said it swung to income in the second quarter of $23.2 million or 10 cents a share. During the same period in the prior year, the San Jose, Calif.-based company reported a net loss of $42.1 million, or 20 cents a share. Before items, quarterly per-share income was 13 cents. In the prior year's period, the pro forma per-share loss was 2 cents. JDSU said quarterly revenue rose to $366.3 million from $312.9 million in the prior year. Analysts polled by Thomson Financial were looking for $363 million. For the third quarter, the company sees revenue of $333 million to $353 million, while Wall Street is looking for $351 million.
Shares of NeuroMetrix Inc. (NasdaqGM:NURO - News) fell after the Waltham, Mass.-based medical device company reported fourth-quarter net earnings of $1.21 million, or 9 cents a share, up from $805,451, or 6 cents a share, last year. Excluding items, the company posted a per-share profit of 14 cents compared with 7 cents. Revenue rose to $14.2 million from $10.3 million. Analysts polled by Thomson Financial were expecting a per-share profit of 12 cents on revenue of $15.7 million.
Playboy Enterprises (NYSE:PLA - News) was downgraded to sector perform from outperform at RBC Capital Markets.
QuickLogic (NasdaqGM:QUIK - News) shares fell after the company posted a non-GAAP loss of $7.7 million, or 27 cents a share, for the fourth quarter, down from a year-ago equivalent profit of $3.9 million, or 14 cents a share. Revenue at the Sunnyvale, Calif., provider of programmable logic memory products dropped 28% to $34.9 million in the latest three months. Wall Street's consensus estimate was for a loss of 5 cents a share in the March period.
Rofin-Sinar Technologies (NasdaqGS:RSTI - News) shares slid after the Plymouth, Mich.-based maker of laser beam sources reported fiscal first-quarter net earnings of $11.49 million, or 75 cents a share, up slightly from $11.36 million, or 75 cents a share, last year. Revenue rose to $111.7 million from $95.4 million. Analysts polled by Thomson Financial were expecting a per-share profit of 76 cents on revenue of $105.1 million.
Semiconductor Manufacturing International Corp. (NYSE:SMI - News) swung to a fourth-quarter profit, boosted by an 80% decline in operating expenses and a $41.7 million gain on the sale of properties. The Shanghai semiconductor foundry on Tuesday posted net income of $1.33 million, or less than a penny per ADS, from a year-earlier loss of $14.8 million, or about 4 cents per ADS. Semiconductor Manufacturing said quarterly revenue rose 15% to $383.8 million from $333.1 million in the year-earlier period. Operating expenses fell to $10.6 million from $51.8 million a year earlier. Semiconductor said it expects continued growth and improved profitability in 2007. The company said it expects controlled capital expenditures of about $720 million in 2007.
SI International (NasdaqGS:SINT - News) was downgraded to market perform from outperform at Wachovia Securities.
SRA International Inc. (NYSE:SRX - News) reported second-quarter net earnings of $16.7 million, or 29 cents a share, compared with $15.9 million, or 28 cents a share, in the same period the prior year, on the back of higher revenue.
Telular Corp. (NasdaqGM:WRLS - News) said its first-quarter loss widened to $2.1 million, or 12 cents a share, from a year-ago loss of $1.3 million, or 8 cents a share. The latest results included amortization and goodwill charges of $2 million.
TJX Cos. (NYSE:TJX - News) said January same-sales rose 4%, helped by growth in most of its smaller divisions and Marmaxx's in-line performance and it expects fourth-quarter earnings from continuing operations of 48 cents to 50 cents a share. The Framingham, Mass., clothing retailer said total sales for the four weeks ended Jan. 27, increased 8% to $1 billion from $900 million a year earlier. The company also anticipates a fourth-quarter charge of about 1 cent a share related to an unauthorized intrusion into its computer system process. The company said it doesn't yet have enough information to estimate losses related to the intrusion.
Tractor Supply Co. (NasdaqGS:TSCO - News) reported fourth-quarter net earnings of $29.5 million, or 72 cents a share, compared with $30.9 million, or 75 cents a share, in the same period last year, as expenses rose.
Ultralife Batteries (NasdaqGM:ULBI - News) said it expects to report an operating loss of about $1.5 million for the fourth quarter on revenue of between $30 million and $30.5 million. The current average estimate of analysts polled by Thomson First Call is for a profit of 7 cents a share in the December period.
Under Armour (NYSE:UA - News) shares fell after the company posted a fourth-quarter profit of $11.9 million, or 24 cents a share, up from year-ago earnings of $7 million, or 8 cents a share. The latest results included a tax credit-related gain of $1 million, or 2 cents a share. Revenue rose 55% in the three-month period to $135.3 million from $87.3 million a year earlier. Wall Street's consensus estimate was for earnings of 25 cents a share.
Verso Technologies (NasdaqCM:VRSO - News) disclosed a $2 million private placement of common shares and five-year warrants.
W.P. Stewart & Co. (NYSE:WPL - News) said Chairman William Stewart is returning to the chief executive officer post at the company, replacing John Russell, who served in the role on an interim basis. In addition, Merrill Lynch downgraded the stock to sell from neutral, citing a drop in assets under management.
Published By MarketWatch

Labels: ADS, ANDW, APA, APPB, ASN, CMCSA, CRMH, EGHT, GR, GVHR, HBI, HHS, JDSU, NURO, PLA, QUIK, WRLS

It’s going to be a second week of heavy and influential corporate reporting for earnings hounds.
Reports from the likes of Boeing (BA), US Steel (X), Verizon (VZ), Exxon (XOM) and Comcast (CMCSA) will be in the spotlight and could impact the broader market. So far, the damage inflicted due to sub par results or just matching estimates has been minimal. However, sentiment did take a turn for the worse on both Thursday and Friday. Without corrective action, the thought is that similar results will beget further selling pressure as the idea of multiple contraction comes into play.Economic watchdogs are going to busy as well, beginning with a slug of reports on Wednesday. On that day, the FOMC meeting will take center stage, but other data could prove to be more important. Rates are widely expected to remain unchanged at 5.25%. However, price pressures and slightly better growth for the economy has sparked talk of potential increases. That said, the policy statement and any wording that might hint at the Fed’s intentions on the future path of rates will be important. For many investors, with earnings growth accepted as slowing down, without a rate cut provision sometime later this year, the view is that 2007 will be a bumpy one.Other economic data coming both before and after the FOMC statement could ultimately ease or inflate Fed policy and viewed as taking top billing for the week. The Q4 GDP out Wednesday morning is one that investors should be on the lookout for. The Street is looking for 3.0% annual growth, which has been quickly adjusted upwards since last month. Sinking gas prices, warmer temperatures in the northeast and a decent holiday shopping season are seen as being key catalysts for the bump up by analysts. Meanwhile, the core PCE price index is expected to show an increase of 2.2%. And on Friday, the jobs report will be dissected for any clues over a firm labor market which might lean the Fed towards a tighter monetary policy.
Monday
Economic: NAEarnings: Mattel (MAT), Phelps Dodge (PD), USG Corp (USG), Verizon (VZ), Schering (SGP), Atheros (ATHR), Gol Air (GOL), Zimmer (ZMH)
Tuesday
Economic: Consumer Confidence (109.5)Earnings: 3M (MMM), Black & Decker (BDK), Illinois Tool (ITW), JetBlue (JBLU), Merck (MRK), UPS (UPS), Cymer (CYMI), Flextronics (FLEX), SanDisk (SNDK), US Steel (X), Websense (WBSN)
Wednesday
Economic: GDP Advance (3.0%), Chain Deflator (1.7%), Employment Cost Index (1.0%), Chicago PMI (52), Construction Spending (0.0%), Weekly Crude, FOMC Policy (5.25%)Earnings: Altria (MO), Boeing (BA), Kodak (EK), CBOT (BOT), Hilton (HLT), OptionsXpress (OXPS), NYMEX (NMX), Eagle Matls (EXP), Gilead (GILD), Google (GOOG), Armor Hldg (AH), JDS Uniphase (JDSU), Starbucks (SBUX), Sunoco (SUN), Pulte (PHM)
Thursday
Economic: Inc & Spend (.5%, .7%), Weekly Claims (318K), ISM Index (51.5), Auto / Truck Sales (5.4M, 7.4M)Earnings: Archer Dan (ADM), Comcast (CMCSA), CVS (CVS), Exxon (XOM), Celgene (CELG), Monster (MNST), Under Armour (UA), Valero (VLO), Amazon (AMZN), Dolby (DLB), Electronic Arts (ERTS), Intuitive Surgical (ISRG), Rackable Systems (RACK), Silicon Motion (SIMO), Vertex (VRTX)Friday Economic: Nonfarm Pay (150K), Unemployment (4.5%), Hourly Earnings (.3%), Factory Orders (1.5%), Michigan (97.8) Earnings: Arch Coal (ACI), Chevron (CVX), NYSE Group (NYX), Oshkosh (OSK), Ventana Med (VMSI), Wendy’s (WEN)

Labels: AMZN, ATHR, BA, GILD, JBLU, JDSU, MAT, MRK, NYX, PHM, SGP, SIMO, USG, VLO, VZ, WBSN, X, XOM

Amcol International Corp. (NYSE:ACO - News) said its fourth-quarter income from continuing operations rose to $12 million, or 39 cents a share, from $8.4 million, or 27 cents, a year earlier. The Arlington Heights, Ill., company said sales rose 16% to $155.9 million for from $134.6 million. The average earnings estimate of five analysts surveyed by Thomson First Call was 34 cents.
Applera Corp.-Celera Genomics Group (NYSE:CRA - News) was upgraded to outperform from market perform at Piper Jaffray. The firm also lifted its price target on the stock to $16 from $14.
Briggs & Stratton (NYSE:BGG - News) was upgraded to outperform from market perform at Raymond James.
Callaway Golf Co. (NYSE:ELY - News) said it expects preliminary 2006 sales of $1.02 billion, with earnings of 33 cents to 35 cents a share. Excluding charges, the golf-products company sees a per-share profit of 50 to 52 cents.
Capital One (NYSE:COF - News) reported a 39% jump in fourth-quarter net income. The results, as well as the credit-card and banking company's 2007 forecast, fell short of Wall Street expectations.
Crown Castle International Corp. (NYSE:CCI - News) agreed to repurchase about 17.7 million common shares for $600 million cash. The Houston-based company said it will buy the shares through a private transaction with Fortress Investment Funds, Greenhill Capital Partners LLC and affiliated funds, and funds affiliated with Abrams Capital LLC.
DaimlerChrysler (NYSE:DCX - News) was upgraded to overweight from equal-weight at Morgan Stanley, which cited the potential for growth at the firm's truck-making division.
Del Monte Foods (NYSE:DLM - News) was upgraded to outperform from peer perform at Bear Stearns.
Easylink Services Corp. (NASDAQ:EASY - News) shares jumped after Internet Commerce (NASDAQ:ICCA - News) said it's offered to buy the company for $5 per share. The proposal represents a premium of about 47% based on Wednesday's closing price for Easylink shares. Including the assumption of $5 million in Easylink debt, the transaction would be worth about $60 million.
Equinix Inc. (NASDAQ:EQIX - News) was initiated with an outperform rating at RBC Capital Markets.
ITC Holdings Corp. (NYSE:ITC - News) signed a deal to acquire the transmission assets of Interstate Power & Light Co. from Alliant Energy (NYSE:LNT - News) for about $750 million.
JDSU (NASDAQ:JDSU - News) raised its view for fiscal second-quarter revenue to a range of $360 million to $365 million. Previously, the communications-test-products company had been looking for $332 million to $352 million. JDSU cited its Communications Test & Measurement segment performing "particularly well."
Leapfrog Enterprises (NYSE:LF - News) was upgraded to outperform from market perform at Piper Jaffray. The firm lifted its price target on the stock to $14 from $7, citing significantly improved business prospects.
Logitech (NASDAQ:LOGI - News) was upgraded to buy from hold at Deutsche Bank.
Medifast (NYSE:MED - News) was initiated with a buy rating at BB&T Capital Markets.
Merrill Merchants Bancshares Inc. (NASDAQ:MERB - News) agreed to be acquired by Chittenden Corp. (NYSE:CHZ - News) for about $111.4 million in cash and stock. The deal values Merrill Merchants' shares at $31 each. Chittenden expects the consideration to consist of $44.6 million in cash and 2.2 million common shares. Burlington, Vermont-based Chittenden anticipates the transaction will close in the second quarter. Merrill Merchants, headquartered in Bangor, Maine, had total assets of $449 million as of Dec. 31.

Labels: ACO, BGG, CCI, CHZ, COF, CRA, DCX, DLM, EASY, ELY, EQIX, ICCA, ITC, JDSU, LF, LNT, LOGI, MED, MERB

California Micro Devices Corp. (NASDAQ:CAMD - News) reported third-quarter net income of $673,000, or 3 cents a share, compared with $2.53 million, or 11 cents a share, in the same period last year, as sales fell and costs rose slightly.
Callaway Golf Co. (NYSE:ELY - News) said it expects preliminary 2006 sales of $1.018 billion, with earnings per share of 33 cents to 35 cents. Excluding charges, the golf products company sees per-share income of 50 cents to 52 cents.
Capital One reported a 39% jump in fourth-quarter net income, but the results, as well as the credit card and banking company's 2007 forecast, fell short of Wall Street expectations.
Churchill Downs Inc. (NASDAQ:CHDN - News) said Michael Miller, who has served as chief financial officer since December 2002, is leaving to become CFO of Poe Cos. Miller's final day with Churchill, a horse racing venue operator, will be Jan. 26.
Coldwater Creek Inc. (NASDAQ:CWTR - News) lowered its outlook for fiscal fourth quarter per-share income to a range of 16 cents to 17 cents. Previously, the women's apparel company said it was looking for a per-share result of 26 cents to 27 cents. Coldwater cited slower-than-expected customer traffic throughout the holiday season.
Digi International Inc. (NASDAQ:DGII - News) said first-quarter net income rose, as sales gained, to $3.8 million, or 15 cents a share, from $2.18 million, or 9 cents a share, during the same period in the prior year. The company said quarterly revenue rose to $41.8 million from $33.4 million in the prior year.
E-Trade Financial Corp. (NASDAQ:ETFC - News) said fourth-quarter net income jumped 37% to a record, as customers traded more and stored more cash and investments with the discount broker.
General Electric Co. , moving to broaden its diagnostic offerings, will buy Abbott Laboratories' (NYSE:ABT - News) in-vitro and point-of-care diagnostics businesses for $8.13 billion in cash.
Jacuzzi Brands Inc. (NYSE:JJZ - News) said it sees preliminary fiscal first quarter operating income declining primarily due to a 40% drop in income in the Bath segment due to operating losses at the U.S. whirlpool bath operations.
JDSU (NASDAQ:JDSU - News) raised its view for fiscal second quarter revenue to a range of $360 million to $365 million. Previously, the communications test products company had said it was looking for revenue of $332 million to $352 million. JDSU cited its Communications Test and Measurement segment performing "particularly well."

KeyCorp raised its quarterly cash dividend 5.8% to 36.5 cents a share from 34.5 cents a share. The dividend is payable March 15 to shareholders of record as of Feb. 27.
Molex Inc. (NASDAQ:MOLX - News) reported fiscal second-quarter net income of $66.4 million, or 36 cents a share, up from $58.5 million, or 31 cents a share, a year ago. Revenue at the electrical equipment maker rose 20% to $837.5 million from $697.3 million.
Oneok Inc. (NYSE:OKE - News) raised its quarterly dividend 6.3% to 34 cents a share from 32 cents a share. The gas distributor said the dividend is payable Feb. 15 to shareholders of record as of Jan. 31.
Polaris Industries Inc. (NYSE:PII - News) said it has renewed and extended the employment agreement of Chief Executive Tom Tiller through 2008. Tiller will also continue to serve on the board, the snowmobile and motorcycle maker said.
Presstek Inc. (NASDAQ:PRST - News) said it expects fourth-quarter consolidated revenue to exceed $65 million, in line with the company's prior outlook excluding revenue from the Precision Analog operations, which was discontinued in the fourth quarter.
Stride Rite Corp. (NYSE:SRR - News) raised its quarterly cash dividend 17% to 7 cents a share from 6 cents a share. The maker of shoes said the dividend is payable March 15 to stockholders of record as of Feb. 27.
Textron Inc. (NYSE:TXT - News) said it now expects fourth-quarter earnings from continuing operations will be above its prior outlook of $1.35 a share to $1.45 a share. The company said its improved view is due to stronger financial performance at Cessna, Textron Systems and Textron Financial and a lower tax rate.
UnionBanCal Corp. (NYSE:UB - News) reported fourth-quarter net earnings of $226.4 million, or $1.61 a share, compared with $308.5 million, or $2.09 a share, in the same period last year. Revenue rose slightly to $672.7 million from $665.2 million.
Washington Post Co. (NYSE:WPO - News) raised its annual dividend 5% to $8.20 a share from $7.80 a share.
Xilinx Inc. (NASDAQ:XLNX - News) said its quarterly profit rose 8% from a year ago, but its sales were soft. Xilinx reported fiscal third-quarter net income of $87.5 million, or 26 cents a share, compared to net income of $81 million, or 23 cents a share, in last year's same period. Published By MarketWatch

Labels: ABT, CAMD, CHDN, CWTR, DGII, ELY,