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  • WPPGY's 1H12 Interim Results – Analyst Blog

    Ireland-based advertising titan WPP Group plc (WPPGY) reported its interim results for the first half of 2012, (ended June 30, 2012)  on August 30. Diluted pro forma earnings per share in the reported period were £0.258 ($2.03 per ADR), up 13.2% (18.6% in constant currency) from £0.228 ($1.84 per ADR) in the year-ago period. Revenue […]

  • Portfolio Recovery, Inc. (PRAA) – Bull of the Day

    We are upgrading our recommendation on Portfolio Recovery, Inc. (PRAA) to Outperform from Neutral based on its strong cash collections and strategic acquisitions. The company's second quarter earnings surpassed the Zacks Consensus Estimate and the year-ago earnings on account of strong top-line growth attributable to continuous improvement in cash collections. Call center, legal and purchased […]

  • Brown Shoe Tops on Lower Cost – Analyst Blog

    St. Louis, Missouri-based Brown Shoe Company, Inc. (BWS) recently posted second quarter 2012 adjusted earnings of 16 cents per share, breezing past the Zacks Consensus Estimate of 3 cents and the year-ago quarter loss of 6 cents per share. The better-than-expected results were attributable to cost control efforts. On GAAP basis, the company reported loss […]

  • Zacks #1 Rank Additions for Thursday – Tale of the Tape

    Here are 5 stocks added to the Zacks #1 Rank ("strong buy") List today: Acxiom Corp. (ACXM) Arctic Cat Inc. (ACAT) Ciena Corp. (CIEN) CONN'S, Inc. (CONN) Cornerstone Therapeutics, Inc. (CRTX) View the entire Zacks #1 Rank List.    ARCTIC CAT INC (ACAT): Free Stock Analysis Report ACXIOM CORP (ACXM): Free Stock Analysis Report CIENA CORP (CIEN): […]

  • Hollysys Automation Technologies – Value

    Hollysys Automation Technologies, Ltd. (HOLI) has gained nearly 12% since its quarterly results on August 14, which included an encouraging revenue outlook for fiscal 2013. With a price-to-book (P/B) ratio of just 1.6 and a Zacks #1 Rank (Strong Buy), this provider of automation and control technologies presents a true value option for investors. Strong […]

  • Prestige Brands – Value

    Earnings momentum for Prestige Brands Holdings, Inc. (PBH) has been gaining since this over-the-counter healthcare and household cleaning products company reported strong fiscal first quarter results. The Zacks #2 Rank (Buy) has delivered surprises over the last three quarters despite the tough economic and retail environment. The stock is significantly undervalued, with a forward price-to-earnings […]

  • CSIQ Sells Solar Power Plant – Analyst Blog

    Canadian Solar Inc. (CSIQ) announced that it has sold a utility-scale solar power plant to Stonepeak Infrastructure Partners for approximately $48.4 million.  As the developer responsible for engineering, procurement and construction of the project, Canadian Solar built the solar power plant to provide enough clean, renewable energy to power more than 1,200 homes in eastern […]

  • Telefonica to Invest in UK Spectrum – Analyst Blog

    Spanish telecom giant Telefonica S.A. (TEF) intends to spend €1.5 billion ($1.86 billion) to acquire spectrum in the forthcoming UK auction, likely to be conducted by the year-end. The auction plans were announced last month by the UK regulator Ofcom. The regulator will put two airwave bands —800 MHz and 2.6 GHz — on sale. […]

  • AutoNation, Inc. (AN) – Bull of the Day

    AutoNation, Inc. (AN) is the largest automotive retailer in U.S. The company s optimal brand and market mix is pulling new vehicle sales higher as the market revives. In the second quarter of 2012, the company's profits surged 35% to $0.66 per share, beating the Zacks Consensus Estimate by $0.07. Revenues of $3.9 billion were […]

  • Regis Tops, Revenue Lags – Analyst Blog

    Regis Corporation (RGS) reported fourth quarter 2012 adjusted earnings of 40 cents per share, surpassing the Zacks Consensus Estimate of 31 cents as well as the year-ago quarter earnings of 37 cents per share. The better-than-expected results were driven by lower tax-rate. However, the company delivered net loss of $63.6 million or $1.11 per share […]