Manitowoc Priced To Sell - Growth Never Came So Cheap!

July 30, 2008

Shares of industrial crane powerhouse Manitowoc Co. [MTW: 7.48, -0.71 (-8.67%)] have been on a slippery slope ever since rumors of a deal to acquire Enodis surfaced. Following confirmation of the rumors, and an announced deal at $2.4 billion, Manitowoc shares are 47% off of their 52-week high. Despite all this, Manitowoc had been reaffirming guidance Read more

Noble Corp. Q2 2008 Earnings Review

July 30, 2008

Earnings

After the bell on Wednesday July 23, 2008, Noble Corporation released their Q2 2008 earnings results, and they were very impressive to say the least. Noble reported net income of $375.7M or $1.40 per diluted share compared with $290.0M or $1.08 per diluted share in Q2 2007. Revenue rose from $726M in Q2 2007 to $812.9M in Q2 2008. The quarter also included an after tax gain of $0.11 per diluted share from a sale Read more

Under Armour Q208 Earnings Roundup: Buy on any Pullback

July 29, 2008

Under Armour [UA: 21.22, -3.72 (-14.92%)] reported very good Q208 earnings today and after reading the conference call I have full confidence that their growth will be realized well into the future. Taking a quick look at the numbers, net income fell YoY to $1.38 million, which represents $0.03 per share, from $5.7 Read more

Praxair- More Than Just Hot Air

July 29, 2008

Praxair Inc. [PX: 56.59, -3.25 (-5.43%)] earnings exceeded expectations last week, posting double-digit growth in EPS and revenue in all segments, which demonstrates the resilience of their core business. Praxair, one of the world’s largest industrial gas companies reported diluted EPS of $1.08, a 21% increase from the same quarter last year beating Street expectations of $1.06 per share. Read more

Google: The Internet Kingpin

July 28, 2008

The biggest name in IT these days is Google [GOOG: 291.00, -20.46 (-6.57%)], the Internet powerhouse that Google Logohas extended its reach throughout the Internet via its powerful search engine and an increasingly noticeable advertising presence. The Mountain View, CA company has surpassed the power of rivals Yahoo! [YHOO: 10.34, -1.01 (-8.90%)] and Microsoft [MSFT: 20.30, -0.90 (-4.25%)] to claim the throne as search engine king. The two competitors Read more

Kraft & Tyson Paint Mixed Picture For Food Producers

July 28, 2008

Today is a big day for the food producing sub-sector of Consumer Staples as some of the largest players in the market came out with earnings this morning. Kraft [KFT: 27.05, -0.99 (-3.53%)], Tyson Foods [TSN: 4.80, -0.31 (-6.07%)] and WM Wrigley Jr. Co [WWY: 0.00, N/A (N/A)], all released quarterly earnings today, Read more

KKR, Coming to the NYSE Soon

July 27, 2008

The weekend has been pretty quiet when discussing market related news, until I was boarding my train and received an alert titled “KKR Plans to Go Public on NYSE.” Initially I brushed it off, but as I have thought about it, the more surprised I became. I was sitting on the train, Blackberryless, but was assured that the guys at KKR had a reason for this unforeseen tender. However, before I proceed any further, let me introduce you to Kohlberg Kravis Roberts & Co. Read more

A Big Week Approaches for Traders and Investors Alike

July 27, 2008

The week ahead will prove to be crucial to investors as they decide whether or not it is time for them to get back into the equity markets. With a full slate of economic data set to come out and other week full of earnings, this week could make or break the current rally we have seen in equities. Read more

Why Visa Will Thrive

July 27, 2008

As many of you may have read in my previous article, the card servicers with portfolio exposure are in bad shapes because of rising credit card delinquencies. Names like American Express [AXP: 20.05, -2.35 (-10.49%)] and Discover Financial [DFS: 9.07, -0.98 (-9.75%)] will be hurt with these delinquencies as they will be forced to write-down their portfolios. Read more

Under Armour: Solid Growth Story, but More Visibility Needed

July 27, 2008

Under Armour [UA: 21.22, -3.72 (-14.92%)] is one of the lead developers and distributors of branded performance apparel, footwear and accessories for all types of athletes. They produce products in three main segments: Apparel, which includes their blockbuster shirts that are developed to keep the body cool during Read more

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