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Zacks Analyst Blog Highlights: JC Penney Company Inc., Toyota, Honda, EnCana and Chesapeake – Press Releases

Zacks Market Commentaries (November 16th, 2009) Writes:

For Immediate Release

Chicago, IL – November 16, 2009 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: JC Penney Company Inc. (JCP), Toyota (TM), Honda (HMC), EnCana (ECA) and Chesapeake (CHK).

Get the most recent insight from Zacks Equity Research with the free Profit from the Pros newsletter: http://at.zacks.com/?id=5513

Here are highlights from Friday’s Analyst Blog:

JC Penney Beats on Low Earnings

JC Penney Company Inc. (JCP), a leading retailer of apparel and footwear, accessories, fashion jewelry, beauty products and home furnishings, recently reported third-quarter 2009 results.

The quarterly earnings of 11 cents a share tumbled 80% from 55 cents posted in the prior-year quarter,

...

DrStockPick.com Stock Report! 11/04/09, MPAA, PWRM, UTR, MMS, PNNW, JCP

Dr. Stock Pick (November 4th, 2009) Writes:

Dr Stock Pick HOT News & Alerts!

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FREE Daily Stock Alerts From DrStockPick.com

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Wednesday November 4, 2009

DrStockPick.com Stock Report!

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Power3 Medical Products, Inc. (OTCBB: PWRM), a leader in neurodegenerative disease and cancer biomarkers and diagnostic tests, announces further international recognition of validity as the company’s President and CSO, Dr. Ira Goldknopf, will deliver an invited Keynote address and chair a session on “Biomarkers and Diagnostics in Personalized Medicine (Track 6-4),” at the BIT Life Sciences 2nd International Congress and Expo of Molecular Diagnostics in Beijing, China, November 19-21, 2009. The Theme of the meeting is “New Leadership of

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JC Penney Growing Optimistic – Analyst Blog

Zacks Market Commentaries (October 9th, 2009) Writes:
J.C. Penney Company Inc. (JCP) recently raised its third-quarter 2009 earnings outlook on the back of better-than-expected September sales results. The retailer now expects third-quarter earnings in the range of 3 cents to 10 cents a share, up from its previous guidance range of a loss of 5 cents to profit of 5 cents a share. The company’s comparable-store sales for the month of September 2009, dipped 1.4% compared to a fall of 12.4% reported in the same month last year. The comps for the reported month fared better than the company’s guidance range of a 3.0% to 6.0% decline predicted earlier. Year-to-date comps slid 7.5% compared to a fall of 6.6% posted in the same period last year. J.C. Penney expects comparable store sales to dip in the range of 5.0% to 8.0% for the month of October 2009 compared to a 13.0% decline ...

JC Penney Expects September Dip – Analyst Blog

Zacks Market Commentaries (September 28th, 2009) Writes:
J. C. Penney Company Inc. (JCP) a leading retailer of apparel and footwear, accessories, fashion jewelry, beauty products and home furnishings – announced that it expects comparable-store sales for the month of September 2009 to dip in the range of 3% to 6% compared to a 12.4% decline reported for September 2008. The company’s comparable-store sales for the month of August dipped 7.9% compared to a 4.9% decline reported in the same month last year. Comps were well within the company’s guidance range of a 6% to 9% decline predicted earlier. Year-to-date, comps slid 8.4% compared to a fall of 5.7% posted in the same period last year.
 By category, home furnishings were the weakest during the month of August. Driving sales were the women’s and children's apparel divisions. Sales for August declined 5.6% to $1,428 million from $1,513 million reported in the same month ...

DrStockPick.com Stock Report! 9/15/09, FE, ATSI, MAR, CRVW, CALM, JCP

Dr. Stock Pick (September 15th, 2009) Writes:

DrStockPick.com Stock Report!

Tuesday September 15, 2009

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The Board of Directors of FirstEnergy Corp. (NYSE: FE) today declared an unchanged quarterly dividend of 55 cents per share of outstanding common stock. The dividend will be payable December 1, 2009, to shareholders of record as of November 6, 2009.

ATS Medical, Inc. (Nasdaq: ATSI), manufacturer and marketer of state-of-the-art cardiac surgery products, announced today that it will participate in the 2009 UBS Global Life Sciences Conference at the Grand Hyatt Hotel in New York. Michael Dale, President and CEO of ATS Medical, will present at 4:30 p.m. Eastern Time on Tuesday, September 22, 2009.

Marriott

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JCPenney Better than Expected – Analyst Blog

Zacks Market Commentaries (August 14th, 2009) Writes:
J. C. Penney Company, Inc. (JCP) has reported better-than-expected second quarter results with the successful execution of its Bridge Plan strategy and improvement in the merchandise flow processes. The Bridge Plan strategy involves significant cost-cutting moves, including reduction of new store openings and remodeling operations, pruning of inventory in alignment with sales, and prudent capital expenditure plans. The company reported break-even earnings during the quarter compared to 52 cents per share in the year-earlier quarter. The year-over-year decrease in net income was due to 28 cents per share in after-tax charges related to a qualified pension plan expense of $73 million during the quarter. Total sales during the quarter decreased 7.9% while comparable store sales decreased 9.5%. The year-over-year decline in sales was primarily due to the continued economic downturn plaguing the industry that has resulted in reduced consumer discretionary income and a cut in ...

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