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Stock Market News for October 23, 2009 – Market News

Zacks Market Commentaries (October 23rd, 2009) Writes:

After sliding for two successive days, stocks managed to find some footing and ended Thursday with impressive gains as companies from McDonald’s to PNC Financial reported solid quarterly earnings.  A mixed bag of economic reports notwithstanding, the Dow average once again scaled the 10,000 mark as components Travelers Cos, 3M Co., and AT&T Inc. posted stronger-than-expected results.

Investors, looking for bargains, picked up financial shares as many banks noted lower loan losses.  Travelers (NYSE:TRV) surged almost 8% after reporting a three-fold jump in quarterly profit.  Travelers, together with McDonald’s (NYSE:MCD), led the Dow average higher.  AT&T Inc. (NYSE:T), also a Dow component, rose 0.6% after reporting better-than-expected profit.

The Dow Jones industrial average jumped 132 points, or 1.3%, to close at 10,081.31 and the S&P 500 index rose 11 points, or 1%.  The tech-heavy NASDAQ, limited by late-session, downward guidance from eBay (NASDAQ:EBAY), gained 14 points, or 0.7%.

The

...

‘New Reality’ for Newspaper Publishers Forces Search for New Revenue Streams to Tap Into

Contrarian Profits (September 21st, 2009) Writes:

As traditional print media continues its steep declines in advertising sales and circulation, publishers are struggling to come up with new and creative ways to generate revenue.

Ad revenues in the newspaper industry plunged 16.7% last year to $37.8 million r, according to the Newspaper Association of America (NAA). The 2009 take is estimated to fall another 17.3% to $31.6 billion according to Alan Mutter, a Silicon Valley executive who once lead the newsrooms of the Chicago Sun-Times and San Francisco Chronicle and now writes a blog titled “Reflections of a Newsosaur.”

Mutter’s estimate would put ad revenues at their lowest levels since 1965, when the industry took in $4.42 billion, or $30.22 billion when adjusted for inflation, the Columbia Journalism Review (CJR) reported.

While the worst economic downturn since World War II has eviscerated the fortunes of print media companies like The New York Times Co. (NYSE:

...
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advertising revenues, advertising sales, Alan Mutter, App Store, Apple Inc, Blackberry, ceo, chairman and CEO, Chicago Sun-Times, Chief Executive Officer, Columbia Journalism Review, contrarian profits, device-specific applications, Dow Jones, Ebay, Eric Schmidt, Fork, Fox News, Gannett Co Inc, general public consumption, Google Inc, Investing Lessons, Iphone, Janet Robinson, John Sturm, Krishna Bharat, Les Hinton, magazine Web, Market Commentary, NAA, New York post, News Corp, News researcher, Newspaper Association of America, newspaper publishers;, online access, online ad revenue, online ad spending;, online content, online news audiences, online newspaper readership, online success;, president and chief executive officer, PricewaterhouseCoopers LLP, print media, Research In Motion Ltd, Reuters, Rupert Murdoch, San Francisco Chronicle;, Search Engine, Silicon Valley executive, the Chicago Sun-Times, the Columbia Journalism Review, The Financial Times, The Journal, the New York Post, the New York Times, The New York Times Co.;, The Post Co., the Times, The Times Co., The Wall Street Journal, The Washington Post Co.;, United States, USD, visited newspaper site

Zacks #1 Rank Additions for Wednesday – Zacks Tale of the Tape

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

Here are the stocks added to the Zacks #1 Rank ("strong buy") List today:

American Italian Pasta Co (AIPC) AudioCodes Ltd (AUDC) Broadpoint Gleacher Securities Group Inc (BPSG) Cognizant Technology Solutions Corp (CTSH) Corinthian Colleges Inc (COCO) The Corporate Executive Board Co (EXBD) DRI Corp (TBUS) El Paso Corp (EP) EnerSys (ENS) Fairchild Semiconductor International (FCS) Fresh Del Monte Produce Inc (FDP) Fuel Systems Solutions Inc (FSYS) Genoptix Inc (GXDX) HF Financial Corp (HFFC) HLTH Corp (HLTH) Impax Laboratories Inc (IPXL) Jones ...
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American Italian Pasta Co, Apparel Group Inc, AudioCodes Ltd, Broadpoint Gleacher Securities Group Inc., Cognizant Technology Solutions Corp.;, Corinthian Colleges Inc;, DRI Corp., El Paso Corp.;, Fairchild Semiconductor International, Fuel Systems Solutions Inc., genoptix inc, HF Financial Corp;, HLTH Corp;, Impax Laboratories Inc, LSI Industries Inc;, Mckesson Corp, Minox FC-S Flash;, Monte Produce;, QC Holdings Inc;, Quanex Building Products Corp, Rodman & Renshaw Capital Group Inc, Sepracor Inc., Shake Co;, Standard Microsystems Corp;, Steelcase Inc, Stocks to Watch, Syntel Inc, Tenaris SA, Teradata Corp;, TESSCO Technologies Inc, The New York Times Co.;, Timberland Bancorp Inc;, Tween Brands Inc;, Valassis Communications Inc.;, Vanguard Natural Resources LLC, Westell Technologies Inc., Zacks Market Commentaries

Zacks #1 Rank Additions for Tuesday – Zacks Tale of the Tape

Zacks Market Commentaries (July 28th, 2009) Writes:

Here are the stocks added to the Zacks #1 Rank ("strong buy") List today:

3Com Corp (COMS) 3M Co (MMM) American Software Inc (AMSWA) Baidu Inc (BIDU) Buckeye GP Holdings LP (BGH) CA Inc (CA) Carlisle Companies Inc (CSL) CarMax Inc (KMX) Carter's Inc (CRI) Cheesecake Factory Inc (CAKE) Chipotle Mexican Grill Inc (CMG.B) Coach Inc (COH) Ctrip.com International Ltd (CTRP) Digi International Inc (DGII) Dresser-Rand Group Inc (DRC) F5 Networks Inc (FFIV) First Financial Holdings Inc (FFCH) ...
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3Com Corp., 3M Co., American Software Inc., Baidu Inc.;, Buckeye GP Holdings LP, CA Inc, Carlisle Companies Inc, CarMax Inc., Carter's Inc, Cheesecake Factory Inc;, Chipotle Mexican Grill Inc;, Coach Inc., Ctrip.com International Ltd, Digi International Inc., Dresser-Rand Group Inc, F5 Networks Inc., Financial Holdings Inc, Hershey Co., Imperial Oil Ltd;, International Coal Group Inc, ITT Educational Services Inc., J&J Snack Foods Corp;, Market Commentary, Mead Johnson Nutrition Co;, Medical Action Industries, Netapp Inc;, OceanFirst Financial Corp Inc, Oriental Financial Group Inc., Perry Ellis International Inc, Petroleo Brasileiro SA, Somerset Hills Bancorp, Stocks to Watch, Telenor ASA;, TESSCO Technologies Inc, The New York Times Co.;, Verigy Ltd, Winn-Dixie Stores Inc., Zacks Market Commentaries

Zacks #5 Rank Additions for Monday – Zacks Tale of the Tape

Zacks Market Commentaries (June 15th, 2009) Writes:

Here are the stocks added to the Zacks #5 Rank ("strong sell") List today:

Agrium Inc (AGU) Benchmark Electronics Inc (BHE) Blyth Inc (BTH) Brandywine Realty Trust (BDN) Build-A-Bear Workshop Inc (BBW) Callaway Golf Co (ELY) Ciena Corp (CIEN) Cincinnati Financial Corp (CINF) Cintas Corp (CTAS) Denison Mines Corp (DNN) DRI Corp (TBUS) Ethan Allen Interiors Inc (ETH) Fresh Del Monte Produce Inc (FDP) Georgia Gulf Corp (GGC) Harsco Corp (HSC) IMS Health Inc (RX) Independent Bank Corp (IBCP) Integra Bank Corp (IBNK) Irwin Financial Corp (IFC) ITT Corp (ITT) Kelly Services Inc (KELYA) Kinder Morgan Energy Partners LP (KMP) Legacy Bancorp Inc (LEGC) Liberty Property Trust (LRY) LSI Industries Inc (LYTS) MSC Industrial Direct Co Inc (MSM) Norfolk Southern Corp (NSC) ...

NYT Planning to Offload Boston Globe – Zacks Tale of the Tape

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

The New York Times Co. (NYT) seems sickened with troubles at its Boston Globe unit. A day after its largest union filed with regulators to contest a 23% pay cut, the parent body reportedly initiated efforts to sell the 137-year-old newspaper.

The Boston Globe reported in its Wednesday edition that the Times Co. has hired investment bank Goldman Sachs Group Inc. to approach potential buyers for the struggling broadsheet and will seek bids through the next few weeks.

A representative of the Times Co. said, "Because we have achieved the $20 million in savings we needed, we do not foresee closure at this time and are focused on executing The Globe's turnaround plan."

The largest labor union Boston Newspaper Guild rejected $10 million in concessions aimed at cutting costs at the newspaper earlier this week. The Times Co. has however been able to get major

...

Zacks #5 Rank Additions for Thursday – Zacks Tale of the Tape

Zacks Market Commentaries (June 4th, 2009) Writes:

Here are the stocks added to the Zacks #5 Rank ("strong sell") List today:

ABB Ltd (ABB) Bancolombia SA (CIB) Berkshire Hills Bancorp Inc (BHLB) BRT Realty Trust (BRT) Build-A-Bear Workshop Inc (BBW) Callaway Golf Co (ELY) CoBiz Financial Inc (COBZ) Corn Products International Inc (CPO) Cumulus Media Inc (CMLS) Discover Financial Services (DFS) Dover Saddlery Inc (DOVR) DRI Corp (TBUS) EMS Technologies Inc (ELMG) Entertainment Properties Trust (EPR) Ethan Allen Interiors Inc (ETH) FNB United Corp (FNBN) Heritage Financial Corp (HFWA) Independent Bank Corp (IBCP) Insteel Industries Inc (IIIN) Integra Bank Corp (IBNK) Itron Inc (ITRI) Kaman Corp (KAMN) KEMET Corp (KEME) Kinder Morgan Energy Partners LP (KMP) Lennox International Inc (LII) Live Nation Inc (LYV) LSI Industries Inc (LYTS) NOVA ...
Tags for this Post:
Abb Ltd, Bancolombia S.A., Berkshire Hills Bancorp Inc;, BRT Realty Trust;, Build-A-Bear Workshop Inc;, Callaway Golf Co;, CoBiz Financial Inc;, Corn Products International Inc, Cumulus Media Inc;, Dover Saddlery Inc;, DRI Corp., EMS Technologies Inc;, Entertainment Properties Trust;, Ethan Allen Interiors Inc;, FNB United Corp;, Heritage Financial Corp;, Independent Bank Corp;, Insteel Industries Inc, Integra Bank Corp, Itron Inc.;, Kaman Corp., KEMET Corp;, Kinder Morgan Energy Partners LP;, Lennox International Inc;, Live Nation Inc;, LSI Industries Inc;, Market Commentary, NOVA Chemicals Corp.;, Old Point Financial Corp;, Orion Energy Systems Inc;, Park Electrochemical Corp;, Penford Corp;, Pennichuck Corp;, RPM International Inc;, Sanmina-SCI Corp;, Stocks to Watch, Superior Energy Services Inc., Tennessee Commerce Bancorp Inc;, The New York Times Co.;, The St. Joe Co;, US Home Systems Inc;, Willbros Group Inc;, Zacks Market Commentaries

Zacks #5 Rank Additions for Tuesday – Zacks Tale of the Tape

Zacks Market Commentaries (June 2nd, 2009) Writes:

Here are the stocks added to the Zacks #5 Rank ("strong sell") List today:

A-Power Energy Generation Systems Ltd (APWR) Aon Corp (AOC) The Bank of New York Mellon Corp (BK) Blyth Inc (BTH) Build-A-Bear Workshop Inc (BBW) Callaway Golf Co (ELY) Cincinnati Financial Corp (CINF) Cleco Corp (CNL) CONMED Corp (CNMD) Daimler AG (DAI) Domtar Corp (UFS) DRI Corp (TBUS) Eastman Kodak Co (EK) EMS Technologies Inc (ELMG) Exelon Corp (EXC) Expeditors International of Washington (EXPD) First State Bancorp NM (FSNM) FNB United Corp (FNBN) Gaiam Inc (GAIA) Gran Tierra Energy Inc (GTE) GreenHunter Energy Inc (GRH) Haverty Furniture Companies Inc (HVT) Independent Bank Corp (IBCP) Integra Bank Corp (IBNK) Investment Technology Group (ITG) ITT Corp (ITT) Kaman Corp (KAMN) Kelly ...
Tags for this Post:
A-Power Energy Generation Systems Ltd., Aon Corp;, Blyth Inc, Build-A-Bear Workshop Inc;, Callaway Golf Co;, Cincinnati Financial Corp;, Cleco Corp., CONMED Corp;, Daimler AG, Domtar Corp;, DRI Corp., Eastman Kodak Co, EMS Technologies Inc;, Exelon Corp;, Expeditors International of Washington;, FNB United Corp;, Gaiam Inc;, Gran Tierra Energy Inc;, GreenHunter Energy Inc;, Haverty Furniture Companies Inc;, Independent Bank Corp;, Integra Bank Corp, Investment Technology Group;, ITT Corp, Kaman Corp., Kelly Services Inc;, KEMET Corp;, Kinder Morgan Energy Partners LP;, Legacy Bancorp Inc;, Liberty Property Trust;, LSI Industries Inc;, Market Commentary, Marlin Business Services Corp, Minox GT-E 35mm Film Camera;, Monsanto Co, New York Mellon Corp., Orion Energy Systems Inc;, Otter Tail Corp, Parkway Properties Inc.;, Penford Corp;, Pennichuck Corp;, RBC Bearings Inc.;, Richardson Electronics Ltd, RPM International Inc;, Skywest Inc., Standard Microsystems Corp;, State Bancorp;, Stocks to Watch, Superior Energy Services Inc., Talbots Inc, Teekay Tankers Ltd, The Bank of New York Mellon, The New York Times Co.;, THQ Inc;, Willbros Group Inc;, Zacks Market Commentaries

Zacks #5 Rank Additions for Tuesday – Zacks Tale of the Tape

Zacks Market Commentaries (May 26th, 2009) Writes:

Here are the stocks added to the Zacks #5 Rank ("strong sell") List today:

ABB Ltd (ABB) Actuant Corp (ATU) Allegheny Energy Inc (AYE) Benchmark Electronics Inc (BHE) Blyth Inc (BTH) Build-A-Bear Workshop Inc (BBW) Cincinnati Financial Corp (CINF) Cleco Corp (CNL) CONMED Corp (CNMD) Dassault Systemes SA (DASTY) Einstein Noah Restaurant Group Inc (BAGL) Electronics For Imaging Inc (EFII) EMS Technologies Inc (ELMG) EnerSys (ENS) Eni SpA (E) Enstar Group Ltd (ESGR) Expeditors International of Washington (EXPD) FNB United Corp (FNBN) Fresh Del Monte Produce Inc (FDP) The Hain Celestial Group Inc (HAIN) Harleysville Group Inc (HGIC) Hartford Financial Services (HIG) Haverty Furniture Companies Inc (HVT) Heritage Financial Corp (HFWA) I-Flow Corp (IFLO) Independent Bank Corp (IBCP) Investment Technology Group (ITG) ...
Tags for this Post:
A-Power Energy Generation Systems Ltd., Abb Ltd, Actuant Corp., Allegheny Energy Inc., Aon Corp;, Argo Group International Holdings Ltd;, Benchmark Electronics Inc;, Blyth Inc, Boise Inc., Build-A-Bear Workshop Inc;, Callaway Golf Co;, Cavco Industries Inc;, Celgene Corp.;, China, China Sunergy Co. Ltd., Cincinnati Financial Corp;, Cleco Corp., CONMED Corp;, Corn Products International Inc, CRM Holdings Ltd;, Cumulus Media Inc;, Daimler AG, Dassault Systemes SA;, Dover Saddlery Inc;, Einstein Noah Restaurant Group Inc, EMS Technologies Inc;, Eni S.p.A., Enstar Group Ltd;, Ethan Allen Interiors Inc;, Expeditors International of Washington;, FirstEnergy Corp., Flagstone Reinsurance Holdings Ltd;, FNB United Corp;, Hain Celestial Group Inc., Harleysville Group Inc., Hartford Financial Services, Haverty Furniture Companies Inc;, Headwaters Inc., Heritage Financial Corp;, I-Flow Corp;, Imaging Inc;, Independent Bank Corp;, Insteel Industries Inc, Integra Bank Corp, Investment Technology Group;, JDA Software Group Inc;, Kaman Corp., KEMET Corp;, Lennox International Inc;, Liberty Property Trust;, LSI Industries Inc;, Macerich Co, Market Commentary, Media General Inc;, MetLife Inc., Monte Produce;, Old Point Financial Corp;, Open Text Corp, Orion Energy Systems Inc;, Pacific Capital Bancorp;, Parkway Properties Inc.;, Peabody Energy Corp, Porter Bancorp Inc;, Provident Bankshares Corp;, Regal-Beloit Corp;, RPM International Inc;, Sanmina-SCI Corp;, Security & Surveillance Tech Inc;, Standard Microsystems Corp;, Stanley Furniture Company Inc., Stocks to Watch, Synutra International Inc., Tennessee Commerce Bancorp Inc;, The Allstate Corp.;, The New York Times Co.;, The St. Joe Co;, The Talbots Inc;, Titan Machinery Inc., TiVo Inc., Tucows Inc., US Home Systems Inc;, Virage Logic Corp;, Washington Trust Bancorp;, WESCO International Inc;, Willbros Group Inc;, Xinyuan Real Estate Co Ltd;, Yingli Green Energy Hold Co Ltd;, Zacks Market Commentaries

Zacks #5 Rank Additions for Thursday – Zacks Tale of the Tape

Zacks Market Commentaries (May 21st, 2009) Writes:

Here are the stocks added to the Zacks #5 Rank ("strong sell") List today:

The Allstate Corp (ALL) American River Bankshares (AMRB) Argo Group International Holdings Ltd (AGII) Aventine Renewable Energy Holdings Inc (AVRNQ) BancTrust Financial Group Inc (BTFG) Benchmark Electronics Inc (BHE) Bristow Group Inc (BRS) BRT Realty Trust (BRT) C&D Technologies Inc (CHP) Callaway Golf Co (ELY) Columbus McKinnon Corp (CMCO) Comtech Telecommunications Corp (CMTL) Connecticut Water Service Inc (CTWS) Credicorp Ltd (BAP) Cybex International Inc (CYBI) Cynosure Inc (CYNO) Dayton Superior Corp (DSUPQ) Enterprise Financial Services Corp (EFSC) Entertainment Properties Trust (EPR) Ethan Allen Interiors Inc (ETH) Fuel Tech Inc (FTEK) Gannett Co Inc (GCI) Harleysville Group Inc (HGIC) Hartford Financial Services (HIG) Haverty Furniture Companies Inc (HVT) Independent Bank Corp ...
Tags for this Post:
Allstate Corp;, Argo Group International Holdings Ltd;, Aventine Renewable Energy Holdings Inc, BancTrust Financial Group Inc;, Benchmark Electronics Inc;, Bristow Group Inc;, BRT Realty Trust;, c, Callaway Golf Co;, Columbus McKinnon Corp., Comtech Telecommunications Corp;, Connecticut Water Service Inc;, Credicorp Ltd.;, Cybex International Inc;, Cynosure Inc;, Dayton Superior Corp;, Enterprise Financial Services Corp;, Entertainment Properties Trust;, Ethan Allen Interiors Inc;, Fuel Tech Inc;, Gannett Co Inc, Harleysville Group Inc., Hartford Financial Services, Haverty Furniture Companies Inc;, Independent Bank Corp;, Live Nation Inc;, LSI Industries Inc;, Market Commentary, Palomar Medical Technologies Inc;, Patriot Capital Funding Inc.;, PGT Inc.;, Provident Bankshares Corp;, River Bankshares, Sanmina-SCI Corp;, SJW Corp, Stocks to Watch, Superior Well Services Inc;, The New York Times Co.;, The St. Joe Co;, Timberland Bancorp Inc;, Virage Logic Corp;, Wendy's Arby's Group Inc.;, WESCO International Inc;, Yadkin Valley Financial Corp;, Zacks Market Commentaries

Newsletter

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