Carter's shares rise after Sterne Agee upgrades, sees further gains in shares to comeOctober 8th, 2009 Carter's shares rise after Sterne Agee upgradeNEW YORK — After rising nearly 38 percent so far this year, Carter's Inc. shares may gain another 25 percent in the next 12 months, said a Sterne Agee analyst, upgrading the maker of infant and children's clothes.
Analyst attributes 4Q solar shipment growth outlook to German market, raises estimatesSeptember 21st, 2009 4Q solar growth outlook driven by Germany-analystNEW YORK — Fourth-quarter solar shipments could rise from third-quarter levels, despite typical seasonal weakness, driven mainly by German shipments, said an analyst on Monday as he held to his ratings for First Solar Inc. and SunPower Corp., while maintaining a "Neutral" rating for the sector.
FedEx predicts better fiscal 1st-qtr profit due to improved international demand, cost cutsSeptember 11th, 2009 FedEx sees better fiscal 1Q earningsMEMPHIS, Tenn. — FedEx is raising its first-quarter earnings forecast, citing better-than-expected international shipments and cost-cutting.
Home improvement stocks slip after Lowe's posts lower 2Q profit, scales back expansionAugust 17th, 2009 Sector Snap: Home improvement stocks declineNEW YORK — Shares of home improvement stocks declined on Monday after Lowe's Cos. posted a 19 percent lower second-quarter profit and said it will curtail expansion plans.
Analysts expect Home Depot sales to improve as housing slump begins to moderateAugust 14th, 2009 Earnings Preview: Home DepotNEW YORK — Home Depot Inc., the largest U.S. home improvement retailer, reports its second-quarter earnings on Tuesday.
Genesee & Wyoming posts 1.2 percent drop in July traffic on lower pulp and paper shipmentsAugust 14th, 2009 Genesee & Wyoming July traffic falls 1.2 percentGREENWICH, Conn. — Regional freight railroad operator Genesee & Wyoming Inc.
Analyst expects moderate improvement in Lowe's Cos.' 2nd quarterAugust 14th, 2009 Earnings Preview: Lowe's Cos.NEW YORK — No. 2 home-improvement chain Lowe's Cos.
KC Southern reports steep drop in second-quarter profits as shipments and fuel surcharges fallJuly 30th, 2009 KC Southern 2Q profit drops as shipments fallKANSAS CITY, Mo. — Regional railroad operator Kansas City Southern reported a much smaller second-quarter profit Thursday as the economy and lower fuel prices slashed revenue by 30 percent.
Abaxis Inc. sees profit soar in second-quarterJuly 30th, 2009 Abaxis profit soars in Q2UNION CITY, Calif. — Abaxis Inc.
Burlington Northern earnings rise, but still unclear when demand will pick upJuly 23rd, 2009 Burlington NorthernNEW YORK — Burlington Northern Santa Fe Corp., the second largest rail operator in the U.S., reported higher profit on Thursday, and said it sees the decline in shipping demand leveling off — but can't say when it will start rising again. "We normally see a lot of improvement in the third quarter — we're just not seeing that.
Sprint Nextel shares climb modestly as analyst upgrades, seeing lower subscriber lossJuly 6th, 2009 Sprint Nextel shares rise as analyst upgradesNEW YORK — Shares of Sprint Nextel Corp. climbed modestly Monday afternoon after an analyst with Auriga USA LLC upgraded the wireless provider, citing improved expectations for subscriber losses.
Lowe's Cos. to release first quarter results as spring sales heat upMay 14th, 2009 Earnings Preview: Lowe's Cos. Inc.CHICAGO — Lowe's Cos.
IDC says global microprocessor shipments fell sharply in 1st quarterMay 12th, 2009 IDC: Microprocessor shipments down in 1QSAN MATEO, Calif. — Worldwide PC microprocessor shipments fell "significantly" in the first quarter from the fourth quarter, research firm IDC said on Tuesday.
Target's same-store sales edge up in April, company predicts better-than-expected 1Q earningsMay 8th, 2009 Target same-store sales edge up in AprilMINNEAPOLIS — Target says same-store sales edged up 0.3 percent in April and it predicted first-quarter results will likely beat expectations. Analysts had expected same-store sales at the discount retailer to rise 0.4 percent.
Novellus Systems posts 1Q loss, but shares rise after CEO says orders 'beginning to rebound'April 23rd, 2009 Novellus Systems posts 1Q loss as shipments dropSAN JOSE, Calif. — Novellus Systems Inc., which makes gear for producing computer chips, said on Wednesday that it lost $66.4 million in the first-quarter as shipments fell by nearly half from the previous quarter.