Shares of SVB Financial Group (SIVB) are trading up 0.00% as of 3:59PM EDT, hitting . SVB Financial Group has a 52 week low of 36.72 and a 52 week high of 59.05.
First Cash Financial Services Inc. (FCFS), a leading provider of specialty consumer financial services and related retail products, reported first quarter 2011 earnings of 50 cents per share, which surpassed the Zacks Consensus Estimate of 48 cents and shot up 52% from the year-ago quarter.
llegheny Technologies Inc. (ATI) isslated to release its first quarter 2011 results on Wednesday, April 27, before the market opens. The current Zacks Consensus Estimate for the first quarter is 49 cents, representing a significant annualized growth of 103.13%. With respect to earnings surprise, over the trailing four quarters, Alleghenyout performedthe Zacks Consensus Estimate in the two quarters and lagged behind in the other two quarters. The average earnings surprise was a negative 15.42%, implying that the company was behind the Zacks Consensus Estimate by the same magnitude over the last four quarters.
3M Company (MMM) is slated to release its first-quarter 2011 results on Tuesday, April 26. The current Zacks Consensus Estimate for first-quarter earnings per share (EPS) is $1.43, representing an annualized growth of 2.25%. 3M had outperformed the Zacks Consensus Estimate over the trailing four quarters with a positive surprise of 7.02%.
Dr. Reddy’s Laboratories (RDY) recently announced that it entered into a collaboration agreement with Valeant Pharmaceuticals International Inc. (VRX) for the US rights to Cloderm Cream, 0.1%. Per the terms of the agreement, Dr. Reddy’s will make an upfront payment to Valeant Pharma for the rights to manufacture, distribute and market Cloderm Cream in the US. Valeant Pharma is also entitled to receive royalties on future sales of the product. Cloderm Cream, 0.1%, which is available only by prescription in a 45 and 90 gm tube, and in 30 and 75 gm pump, is used for the relief of the inflammatory and pruritic manifestations of corticosteroid-responsive dermatoses.
Wright Medical Group (WMGI), a leading orthopedic company, recently announced that its Board of Directors has selected Mr. David D. Stevens as interim President and CEO with immediate effect. He will continue to be the Chairman of the Board.Mr. Stevens comes in place of Mr. Gary D. Henley who resigned, on April 4, 2011, from his position as CEO and President as well as a director. Mr. Henley had held these positions since 2006. He submitted his resignation ahead of a Board meeting to discuss management’s monitoring of Wright Medical’s current compliance effort.
Shares of CIT Group Inc. (CIT) are trading down -0.94% as of 12:08PM EDT, hitting 42.64. CIT Group Inc. has a 52 week low of 30.00 and a 52 week high of 49.57. The companies last released earnings were 2.58 per share.
Shares of Denbury Resources Inc. (DNR) are trading down -0.97% as of 12:08PM EDT, hitting 26.03. Denbury Resources Inc. has a 52 week low of 14.02 and a 52 week high of 26.03. The companies last released earnings were 0.76 per share.
Shares of Towerstream Corporation (NASDAQ: TWER) are trading up 0.00% as of Mar 21, 4:00PM EDT, hitting . Towerstream Corporation has a 52 week low of 1.36 and a 52 week high of 5.09. The companies last released earnings were -0.16 per share. were The company has a market cap of 180.47M and a price-to-earnings ratio of .
Shares of Given Imaging Ltd. (NASDAQ: GIVN) are trading up 0.00% as of Mar 21, 3:59PM EDT, hitting . Given Imaging Ltd. has a 52 week low of 13.38 and a 52 week high of 24.00. The companies last released earnings were 0.28 per share. were The company has a market cap of 564.67M and a price-to-earnings ratio of 68.18.
NTCT are trading up 2.30% as of Mar 17, 4:00PM EDT, hitting 25.94. NetScout Systems, Inc. has a 52 week low of 12.25 and a 52 week high of 27.72. The companies last released earnings were 0.78 per share.
LDK) are trading up 4.95% as of Mar 17, 4:01PM EDT, hitting 12.53. LDK Solar Co., Ltd. has a 52 week low of 4.97 and a 52 week high of 15.10. The companies last released earnings were 0.98 per share.
HSOL are trading down -4.10% as of Mar 17, 4:00PM EDT, hitting 7.68. Hanwha Solarone Co Ltd has a 52 week low of 5.61 and a 52 week high of 13.48. The companies last released earnings were 0.95 per share.
DSPG are trading up 0.00% as of Mar 17, 3:59PM EDT, hitting 7.45. DSP Group, Inc. has a 52 week low of 5.76 and a 52 week high of 9.10. The companies last released earnings were -0.32 per share.
MarketAccess Holdings Inc. (MKTX) as the company has put together three consecutive positive earnings surprises.Its latest earnings beat came in the fourth quarter in which commission revenue jumped 12.9% due to higher trading volume in high-grade corporate bonds. The company was also able to leverage its fixed expenses which led to a significant increase in its net profit margin.The company also recently raised its quarterly dividend by 29%. It yields 1.6%.
(TRW) continues to trade near its 52-week high on strong Q4 results from mid February that included a 40% earnings surprise. With an average earnings surprise of 79% over the last four quarters and rising estimates, this Zacks #1 rank stock has the right parts for momentum.
BMRC) are trading up 2.25% as of Mar 7, 4:00PM EST, hitting 37.00. Bank of Marin Bancorp has a 52 week low of 30.08 and a 52 week high of 37.00. The companies last released earnings were 2.55 per share. were The company has a market cap of 194.73M and a price-to-earnings ratio of 14.44.
The rating upgrade is based on fourth quarter 2010 earnings, which were well ahead of the Zacks Consensus Estimate, primarily driven by growth in the top line. Additionally, in fiscal 2011, the company intends to turn around its business and has thus undertaken Project RED, which will focus on revenue growth, expense control and capital deployment.
Cogo Group Inc. (COGO) announced a wind turbine contract win following the acquisition of MDC Tech in late Jan 2011. The contract was signed with DongFang Turbine Co., Inc., and is valued at approximately $1.5 million.Cogo will provide design, engineering and logistical services over the life of the contract. The company expects that shipments will commence and revenue will be recorded in the third quarter of 2011.Cogo is in a position to benefit from the explosive growth in China, as the company’s design solutions that are used in three major growth areas, telecom, mobile handsets, and digital media. Cogo's strength lies in 1,000 customers who represent virtually all Tier-1, Tier-2 and Tier-3 players in the markets.
Arrow Electronics Inc. (ARW) completed the acquisition of RF, Wireless and Power Division of Richardson Electronics Ltd. (RELL) for $210 million.