AutoNation Matches Consensus

AutoNation reported second-quarter results that matched consensus EPS expectations of $0.73 while revenue of $4.4 billion exceeded consensus expectation of $4.3 billion. Analysts  intend to raise the  fair value estimate to account for higher revenue growth and AutoNation capturing slightly more market share than we currently model in our five-year forecast period.  The results show that the U.S. auto recovery continues at a strong pace … Continue reading AutoNation Matches Consensus

Today’s Stocks : Talisman Energy Inc. (NYSE:TLM), Annaly Capital Management, Inc. (NYSE:NLY), Infoblox Inc. (NYSE:BLOX), Adobe Systems (NASDAQ:ADBE), Carrols Restaurant Group (NASDAQ:TAST)

Standard & Poor’s created a deep trouble for Canada based natural gas producer, Talisman Energy Inc. (USA) (NYSE:TLM) yesterday. The credit rating agency has downgraded the company to just one point above junk over its inability to generate sufficient cash flow to counter higher operation costs. Talisman Energy Inc. (NYSE:TLM) belongs to Basic Materials sector. Its net profit margin is -19.50% and weekly performance is … Continue reading Today’s Stocks : Talisman Energy Inc. (NYSE:TLM), Annaly Capital Management, Inc. (NYSE:NLY), Infoblox Inc. (NYSE:BLOX), Adobe Systems (NASDAQ:ADBE), Carrols Restaurant Group (NASDAQ:TAST)

STERV Sees Loss in Paper and Writing Segment

In the second quarter, Finnish forest products company Stora Enso had a surprising loss in its Paper and Writing segment. Even though the secular headwinds for publishing paper in Europe are well known, Stora had previously been able to turn a consistent profit in the business in recent years. Management says it is stepping up its cost-cutting efforts in response to the loss, but many … Continue reading STERV Sees Loss in Paper and Writing Segment

Big Movers : Nabors Industries Ltd. (NYSE:NBR), Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM), Colfax Corporation (NYSE:CFX), BlackBerry Ltd (NASDAQ:BBRY), DragonWave Inc. (NASDAQ:DRWI)

Nabors Industries (NYSE:NBR) has earned an average rating of “Buy” from the twenty-three ratings firms that are presently covering the stock. Nabors Industries Ltd. (NYSE:NBR) belongs to Basic Materials sector. Its net profit margin is 2.40% and weekly performance is -8.14%. On last trading day company shares ended up $19.76. Nabors Industries Ltd. (NYSE:NBR) distance from 50-day simple moving average (SMA50) is -20.70%. Taiwan’s major … Continue reading Big Movers : Nabors Industries Ltd. (NYSE:NBR), Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM), Colfax Corporation (NYSE:CFX), BlackBerry Ltd (NASDAQ:BBRY), DragonWave Inc. (NASDAQ:DRWI)

Whats Hot Today : Ericsson (NASDAQ:ERIC), Twitter Inc (NYSE:TWTR), Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA), Patrick Industries Inc. (NASDAQ:PATK), TCF Financial (NYSE:TCB)

Swedish-based telecom gear manufacturer Ericsson (NASDAQ:ERIC), has entered into a deal with Bharti Airtel which will see it supply base stations and other equipment for the carrier’s 4G LTE network in India. What’s more, the former company is boasting about having bagged two contracts from Idea Cellular too. Ericsson (NASDAQ:ERIC) belongs to Technology sector. Its net profit margin is 5.90% and weekly performance is -5.52%. … Continue reading Whats Hot Today : Ericsson (NASDAQ:ERIC), Twitter Inc (NYSE:TWTR), Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA), Patrick Industries Inc. (NASDAQ:PATK), TCF Financial (NYSE:TCB)

Stocks to Watch : Zynga Inc (NASDAQ:ZNGA), HomeAway, Inc. (NASDAQ:AWAY), CNA Financial Corporation (NYSE:CNA), Credit Suisse Asset Management Income Fund (NYSEMKT:CIK), MAMS

Zynga Inc (NASDAQ:ZNGA) on Sept. 3 announced that the new Zynga Poker is now available to consumers worldwide on the App Store and Google Play. The new, free-to-play Zynga Poker was developed for mobile from the ground up, blending personalized gameplay, lightning fast performance and sophisticated design to create an authentic casino experience for players. Zynga Inc (NASDAQ:ZNGA) belongs to Technology sector. Its net profit … Continue reading Stocks to Watch : Zynga Inc (NASDAQ:ZNGA), HomeAway, Inc. (NASDAQ:AWAY), CNA Financial Corporation (NYSE:CNA), Credit Suisse Asset Management Income Fund (NYSEMKT:CIK), MAMS