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Zacks Bull and Bear of the Day Highlights: NVIDIA Corp., Red Robin Gourmet Burgers, Tesoro Corporation, Valero Energy Corp. and Sunoco Inc. – Press Releases

Zacks Market Commentaries (November 10th, 2009) Writes:

For Immediate Release

Chicago, IL – November 10, 2009 – Zacks Equity Research highlights NVIDIA Corp. (NVDA) as the Bull of the Day and Red Robin Gourmet Burgers (RRGB) the Bear of the Day. In addition, Zacks Equity Research provides analysis on Tesoro Corporation (TSO), Valero Energy Corp. (VLO) and Sunoco Inc. (SUN).

Full analysis of all these stocks is available at http://at.zacks.com/?id=5506

Here is a synopsis of all five stocks:

Bull of the Day:

NVIDIA Corp. (NVDA) posted revenue and earnings well above expectations. NVIDIA is poised for growth through improved cost management, rising demand for GPU and graphics chips, increased orders mainly from China and product launches.

The company is introducing new products at regular intervals and getting good feedback. We believe NVIDIA is well positioned in the longer term given its leadership in the Tegra line-up, the ramp-up

...

Zacks Analyst Blog Highlights: Becton, Dickinson, Baxter International, Johnson & Johnson, Abbott Laboratories and Tesoro Corporation – Press Releases

Zacks Market Commentaries (July 31st, 2009) Writes:

For Immediate Release

Chicago, IL – July 31, 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: Becton, Dickinson (BDX), Baxter International (BAX), Johnson & Johnson (JNJ), Abbott Laboratories (ABT) and Tesoro Corporation (TSO).

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 Thursday’s Analyst Blog:

Becton Beats Zacks Estimate

Management at Becton, Dickinson (BDX) has increased its EPS guidance for the year. For 2009, it now expects profit from continuing operations to increase 11% to 12% over that in the last year to $4.92 to $4.96. Earlier, management estimated an

...

Tesoro Misses, Outlook Gloomy – Analyst Blog

Zacks Market Commentaries (July 30th, 2009) Writes:
Tesoro Corporation (TSO) reported a weaker-than-expected second-quarter 2009 loss, reflecting lower gross margins and decreased throughput on the back of weak fuel demand and high inventories. This was partially offset by lower operating costs. Loss per share came in at $0.33, below the Zacks Consensus Estimate of $0.30. In the year-ago period, the Texas-based marketer of petroleum products earned $0.03 per share. Revenue was down 53.0% year-over-year to $4.2 billion. Refining Segment Results Tesoro’s refining segment experienced a significant decline in operating income (operating income of just $7 million vs. $85 million in the year-earlier quarter) due to struggling profit margins for the production of distillate fuels (like heating oil and diesel), as well as narrowing of the sweet/sour crude spread. The company’s throughputs also suffered from the maintenance at its Alaska and Golden Eagle, California refineries. Throughput Total refining throughput averaged 565 ...

Valero Nearing 52-Week Low – Analyst Blog

Zacks Market Commentaries (July 13th, 2009) Writes:

Shares of leading U.S. independent refiner Valero Energy Corporation (VLO) has been down approximately 25% since we downgraded the company to Sell in the last week of May. The Texas-based marketer of petroleum products has seen its common stock fall to the current level of $15.57, just $1.63 away from its 52-week low of $13.94.   With the outlook for domestic refiners remaining bleak, we see little reason for investors to own the stock as the ongoing long-term fundamental changes to the industry suggest future struggles. The major factor that could have a sobering influence on refining profitability is the shifting balance in global supply and demand, with capacity additions outpacing incremental demand.   Valero’s worse-than-expected second-quarter outlook has further added to this negative sentiment. The country’s largest refiner expects to post a loss of $0.50 per share during the three months ending June 30, 2009, down significantly from

...

Bleak Outlook for U.S. Oil Refiners – Analyst Blog

Zacks Market Commentaries (June 25th, 2009) Writes:
Our outlook for independent refiners in the U.S. remains bearish. After experiencing a very favorable macro environment over the last few years, the independent refining companies have been under pressure since the start of the second half of 2007 due to continued margin contraction, resulting from unusually high feedstock costs (peak-cycle oil prices) and relatively modest product demand.The subsequent bottoming-out of oil prices has been beneficial to feedstock costs, and as a result refining margins started the year in robust condition, thereby bringing a much-needed reprieve to the refiners. However, this recovery is unlikely to be sustained for much longer as the ongoing long-term fundamental changes to the industry suggest future struggles.The major factors that could have a sobering influence on refining profitability include weakening demand for petroleum products in major markets, commissioning of new refineries and conversion projects, and a decline in the price ...

Zacks Beats The Major Brokers – Investment Ideas

Charles Rotblut (March 26th, 2009) Writes:
Independent consulting firm Investars found that you would make more money by following Zacks Equity Research than looking at brokerage ratings.

Over a variety of periods, our long-term buy recommendations earned investors more money than those made by the major brokerage firms. Similarly, our sell recommendations helped investors identify which stocks to avoid.

Investars calculated that Zacks Equity Research's buy-recommended stocks rose 23.9% over the past 5 years, nearly 200% better than the Russell 2000.

To put this performance in perspective, let's look at how Investars says other firms performed. Following the buy recommendations from Goldman Sachs, Standard & Poor's, Deutsche Bank, Citigroup, Piper Jaffray, Raymond James, BMO Capital Markets and Ameriprise would have lost you money. Not a single one of those well-known brokerage firms had a positive return.

At the same time, Zacks Equity Research did a great job of telling you which stocks to avoid, or even

...

Zacks Industry Rank Analysis Highlights: Centex Corporation, Intel Corporation, Stericycle Inc., Tesoro Corporation and U.S. Steel Corporation. – Press Releases

Charles Rotblut (March 19th, 2009) Writes:

For Immediate Release

Chicago, IL - March 19, 2009 - Zacks.com releases the latest Zacks Industry Rank. Stocks featured in this week's analysis include Centex Corporation (CTX), Intel Corporation (INTC), Stericycle Inc. (SRCL), Tesoro Corporation (TSO) and U.S. Steel Corporation (X).

Zacks Industry Rank Analysis is written by Charles Rotblut, CFA, Senior Market Analyst for Zacks.com.

This week: Q1 Earnings: Winners and Losers

First-quarter profits are going to stink. The consensus projections call for S&P 500 (SPX) profits of $16.33, which equates to a decrease of approximately 14% from a year prior.

On a company-specific basis, the numbers could be worse. Median earnings are likely to decline 19.3%. More than 10% of S&P 500 members are expected to report triple-digit drops in profits (57 companies with declines of 100% or more). Conversely,

...

Q1 Earnings: Winners and Losers – Zacks Industry Rank Analysis

Charles Rotblut (March 18th, 2009) Writes:
Highlighted stocks include Centex Corporation (...

Who Else Wants to Be Part of 2009’s Massive Money Migration?

Contrarian Profits (March 3rd, 2009) Writes:
HIDDEN VALUE

Dear Reader,

You must be sick of hearing about the bailouts by now.

We are.

The $700 billion TARP… the $786 billion Obama ‘stimulus’…  the $750 billion placed on hold, just in case the banks need it.

But there’s another little-known bailout we’d like to talk to you about today.

Some even consider it one of the secret reasons that the U.S. bailed out GM and Chrysler.

Pensions…

GM pays out around $7 billion a year to its retired employees. And it’s set to do that for the next ten years.

A few years ago, GM had assets of over $100 billion – more than enough to cover the benefits.

But after the rout in stocks in 2008 and early 2009, it’s unlikely that GM has the money to cover its pension obligations.

If GM goes bankrupt, its pensions would be taken over by the Pension Benefit Guarantee Corp (PBGC).

...

Tesoro Corporation (TSO), Expand Your Portfolio with this Energy Sector Stock

Contrarian Profits (March 3rd, 2009) Writes:

Despite lower industry profits in the quarter, this leading petroleum product refiners’ margin increased 51%. Katherine Schildt of Investment U says that, “Tesoro represents a great way to keep your portfolio diversified with exposure to the energy sector.”

This from Katherine:

While most oil companies continue to report less than desirable earnings results, one refiner recently reported improved refining margins, announcing a 51% increase from one year ago.

Based in San Antonio, Tesero Corp. (NYSE: TSO), one of the leading independent refiners and marketers of petroleum products, reported quarterly profit of $97 million, compared with a loss of $40 million just a year earlier.

Yes, that’s in spite the precipitous fall in oil prices.

Other areas of the company’s operations saw an increase as well, including its operating income, which was $196 million higher than the fourth quarter of 2007. This was

...

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