Business Week | Stock Market News & Stocks to Watch from StraightStocks

Business Week. Retail data and CPI in focus.

Vlada Kynsky (June 9th, 2008) Writes:

Monday Economic: Pending Home Sales Index Earnings: Krispy Kreme Doughnut (KKD), Ashworth (ASHW) Tuesday Economic: International Trade ($-59.5B) Earnings: Pep Boys (PBY), Sonic Solutions (SNIC) Wednesday Economic: Weekly Crude, Beige Book, Treasury Budget ($-155.0B) Earnings: Casey’s General Store (CASY), Cybertronics (CYBX), Piedmont Natural Gas (PNY) Thursday Economic: Weekly Claims (365K), Retail Sales (+0.5%), Import and Export Prices (+2.0%), Business Inventories (+0.3%) Earnings: Capstone Turbine (CPST), Catalyst Semi (CATS), Finisar (FNSR) Friday Economic: Consumer Price Index (+0.5%, +0.2%), Consumer Sentiment (59.8) http://stockweb.blogspot.com/atom.xml

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Business Week’s Gene Marcial Recommends Exxon Mobil (XOM)

CEO Blogger (June 4th, 2008) Writes:

Gene Marcial, Business Week’s stock-picking guru, recommended Exxon Mobil (XOM) on 6/3/08:

a. It has been piling up billions upon billions of dollars each year in eye-popping profits.

b.The real story here is why Exxon Mobil is a must-own for long-term investors.

c. You can’t expect spectacular returns going forward, but predictable profitability is attractive in a volatile market.

d. According to Marcial, the company is still very much undervalued.

e. The stock now trades at just 10 times 2008 estimated earnings of $9 a share. That is about in line with, or less than, its smaller peers.

f. The company’s return on equity went to 34.5% last year from 26% in 2006. And dividend growth is at a yearly clip of 9.1%, with the shares yielding 1.7%. Exxon Mobil bought back about $8 billion of its stock in the first quarter of 2008.

g. oil and gas production accounted for only 7.3% of revenues

...

Tags for this Post:
19 Years, Billions Of Dollars, Business Week, Category Id, Current Market News, Dividend Growth, Dollars Each Year, energy field, Exxon, Exxon Mobil, Gene Marcial, Mainstay, Oil And Gas, Oil And Gas Production, Oil Prices, Price Of Oil, Return On Equity, Stock Index, Stocks to Watch, Term Investors, Volatile Market, Xom

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Business Week 23.

Vlada Kynsky (June 2nd, 2008) Writes:

MondayEconomic: Construction (-0.6%), ISM (48.0)Earnings: Intrepid Potash (IPI), ABM (ABM), Luluemon (LULU), NCI Bldg (NCS)TuesdayEconomic: Auto/Truck, Factory Orders (0.1%)Earnings: Layne Christensen (LAYN), Toll Bros (TOL), Bob Evans (BOBE), Guess (GES), Hovnanian (HOV), SAIC (SAI)WednesdayEconomic: Weekly Crude, ADP (-30K), Productivity (2.5%), ISM Services (51.0)Earnings: Conns (CONN), Vimpel (VIP), Volt Sciences (VOL), Williams Sonoma (WSM), ADC Telecom (ADCT), Comtech (CMTL), FuelCell (FCEL), Martek (MATK)ThursdayEconomic: Weekly Claims (370K)Earnings: Ciena (CIEN), Del Monte (DLM), UTI Worldwide (UTIW), Cooper (COO), Focus Media (FMCN), Nat Semi (NSM), Quiksilver (ZQK), Take-Two (TTWO)FridayEconomic: Jobs Report (-52K, 5.1%, .2%), Wholesale Inv’s (0.5%)Earnings: N/Ahttp://stockweb.blogspot.com/atom.xml