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Monday September 28, 2009

DrStockPick.com Stock Report!

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John Hopper, vice president and treasurer of El Paso Corporation (NYSE: EP), will present tomorrow at the Deutsche Bank Seventeenth Annual Leveraged Finance Conference in Scottsdale, Arizona. The presentation will not be webcast, but slides will be available in the Investors section of El Paso’s Web site at www.elpaso.com.

Positron Corporation (OTCBB:POSC) a molecular imaging solutions company focused on Nuclear Cardiology, will attend the 14th Annual American Society of Nuclear Cardiology (ASNC) annual conference in Minneapolis, Minnesota

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DrStockPick.com Stock Report!

Tuesday September 8, 2009

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Doug Foshee, president and chief executive officer of El Paso Corporation (NYSE: EP), will present tomorrow, September 9, at the Barclays Capital CEO Energy/Power Conference in New York. The presentation will begin at 9:05 a.m. EDT, 8:05 a.m. CDT with an audio webcast available in the Investors section of El Paso’s Web site at www.elpaso.com. Presentation slides will be available prior to the presentation also in the Investors section of the company’s Web site.

Michigan Heritage Bancorp, Inc. (OTC Bulletin Board: MHBC) today announced that it has called a special meeting of shareholders to

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Fossil, Inc. (FOSL) has been cutting costs and inventory as it rides out the rough retail environment. The company surprised on second quarter Zacks Consensus Estimates by 25% and is optimistic for the remainder of the year.

Even though there was an earnings surprise, sales fell 10.6% to $315.9 million from $353.2 million in the year ago period which reflected the difficult economic environment for retailers.

Sales declined 11.1% in the wholesale businesses but increased 21.1% in the direct to consumer segment, which includes the company's Internet site.

Rest of the Year Outlook

The company is more bullish on the fourth quarter, the holiday shopping season, than the third quarter where it will be easier for it to capitalize on gains from the Internet site.

Third quarter earnings per share are forecast between 38 and 42 cents and sales are expected to be in the range of negative

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For Immediate Release

Chicago, IL – August 26, 2009 – Four free stock picks are being made available today on Zacks.com. The industry’s leading independent research firm highlights one Zacks #1 Rank Strong Buy or a Zacks #2 Rank Buy stock for each of the four main styles of investing: Aggressive Growth, Growth & Income, Momentum, and Value.

The four highlighted picks are: TNS, Inc (TNS), NewMarket Corporation (NEU), Dreamworks Animation SKG (DWA) and El Paso Corporation (EP).      Today, Zacks is promoting its ''Buy'' stock recommendations. Four daily picks are offered free at http://at.zacks.com/?id=5607

Zacks #1 Rank Stocks have nearly tripled the S&P 500 since 1988, producing an average annual return of +26%. Performance has been notable even during volatile and down times. For example, during the last bear market, 2000-2002, the market tumbled -37.6% – but Zacks #1 Rank stocks gained +43.8%.

Here is a summary

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El Paso Corporation (EP) has surprised on the Zacks Consensus Estimate 3 out of the last 4 quarters by an average of 24.49% even as the prices of natural gas and oil have plunged. The company is cheap, trading at just 9.3x forward earnings.

Company Description

El Paso Corporation is a large independent natural gas producer and operates one of North America's largest interstate natural gas pipeline systems.

El Paso Surprised by 19.05% on the Second Quarter

On Aug 6, El Paso reported its second quarter results and beat the Zacks Consensus Estimate by 4 cents. Earnings per share were 25 cents which was lower than the 39 cents from a year ago. Lower natural gas and oil prices impacted the results.

The company saw production rise in the Central and Western divisions by 6% and 5%, respectively, over the year ago period.

With the drop in crude

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PennyOmega.com Hot Stock News & Alerts!

 

Friday August 21, 2009

PennyOmega.com Stock Report!

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Novellus Systems, Inc. (Nasdaq: NVLS), today announced that it will provide its mid-quarter update for the third quarter 2009 in a conference call to be held Thursday, September 3, 2009, beginning at 1:30 p.m. PDT. The call will be available via an audio webcast that can be accessed on Novellus’ Investor Relations home page, located at www.novellus.com/. A replay of the webcast will be available for seven days following the conference call.

Farmers & Merchants Bank of Long Beach (OTCBB: FMBL) today announced that its board of directors has declared a regular quarterly cash dividend of $21 per share

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El Paso Corporation (EP) reported an adjusted EPS of 25 cents for the second quarter of 2009, slightly above the Zacks Consensus Estimate of 21 cents, but below 39 cents posted in the same quarter a year ago. Encouraging performance in the Pipeline segment, which clocked an 11% earnings growth, was more than offset by lower realized commodity prices. GAAP net income, which includes the impact of production-related derivatives, ceiling test charges and other items, declined to $79 million or 11 cents per share from $191 million or 25 cents per share. Revenues dropped 16% to $973 million, and operating income fell 18% to $408 million. Operating income in the Pipeline segment grew 11% to $327 million, driven primarily by incremental revenues from several expansion projects that went into service during 2008. Higher reservation revenues on the El Paso Natural Gas system, fresh contracts on Rocky ...

The five best performing stocks on the Zacks #1 Rank List last week were: LaBranche & Co. Inc. (...

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