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Nat'l-Oilwell Varco with Upside

Zacks.com: Analyst Blog — Thu, 9 Jul 2009 17:30:22 +0000

National Oilwell Varco Upside on Strong Backlog

Houston-based drilling equipment manufacturer National-Oilwell Varco’s (NOV) stock pri...

American Axle Busting?

Zacks.com: Analyst Blog — Thu, 9 Jul 2009 17:18:10 +0000

Recently, lenders of the Detroit-based automaker American Axle (AXL) have waived the financial covenants of the company through July 30 under the revolving credit facility. However, the company...

Brazilian Steel Industry Recovers

Zacks.com: Analyst Blog — Thu, 9 Jul 2009 17:07:07 +0000

Brazilian steelmakers, Gerdau S.A. (GGB) and Companhia Siderurgica Nacional (SID) have signed a memorandum of understandin...

Daily Wrap-up - The Focus on Near-Term Support Continues

SchaeffersResearch — Thu, 9 Jul 2009 16:56:55 +0000

The day ends with little changed from the midday view. The Dow Jones Industrial Average (DJIA) closed within 5 points of the breakeven line and didn't break the low-to-high range I mentioned (BULLETIN BOARD: SPBU) , an industry-leading provider of automated, online backup applications for home users and small businesses, announced to...

Standard & Poor's Announces Change to U.S. Index

Standard & Poor's — Thu, 9 Jul 2009 16:44:00 +0000

NEW YORK, July 9 /PRNewswire/ -- Healthcare Realty Trust Inc. will replace Wabash National Corp. in the S&P SmallCap 600 after the close ...

Walgreens Lifts Dividend

Zacks.com: Analyst Blog — Thu, 9 Jul 2009 16:37:10 +0000

The Board of Directors of Walgreens (WAG) approved a 22.2% quarterly dividend increase from 11.25 cents to 13.75 cents, payable on September 12, 2009, to shareholders on record as of August 21, 2009. The ...

Diageo Sheds New Light on Environmental Initiatives at Illinois Facility

Diageo — Thu, 9 Jul 2009 16:27:00 +0000

NORWALK, Conn., July 9 /PRNewswire-FirstCall/ -- In an ongoing effort to make environmentally friendly upgrades to its Plainfield, IL facility, Diageo , the world's leading spirits, wine and beer company, is seeing sig...

Arrays Arthritis Drug Shows Promise

Zacks.com: Analyst Blog — Thu, 9 Jul 2009 16:23:25 +0000

On July 8, 2009, biopharmaceutical company Array BioPharma Inc. (ARRY) presented top-line results from two phase I trials for its lead p38 inhibitor ARRY-797. While one of the studies evaluated ARRY-797 ...

AK Steel Announces Price Increase for Carbon Steel Products

AK Steel — Thu, 9 Jul 2009 16:15:00 +0000

WEST CHESTER, Ohio, July 9 /PRNewswire-FirstCall/ -- AK Steel said today that it will increase spot market prices for its carbon steel products, effective with all new orders for August and September shipments. Base ...

CoBiz Announces New Bank Market Presidents

CoBiz Financial Inc. — Thu, 9 Jul 2009 16:14:00 +0000

DENVER, July 9 /PRNewswire-FirstCall/ -- CoBiz Financial Inc. announced the hiring of market presidents for the company's banking operations, comprised of Colorado Business Bank and Arizona Business Bank. Scott Pa...

California Pizza Boosts Guidance

Zacks.com: Analyst Blog — Thu, 9 Jul 2009 16:08:00 +0000

On Wednesday, July 8, California Pizza Kitchen (CPKI) raised its second-quarter earnings guidance, helped by cost-control initiatives that offset declining revenue. Shares of the company climb...

S&P Upgrades Rio Tinto

Zacks.com: Analyst Blog — Thu, 9 Jul 2009 16:03:27 +0000

Standard & Poor's Ratings Services (S&P) upgraded its rating on Rio Tinto’s (RTP) long-term and short-term corporate credit and debt from BBB/A-3 to BBB+/A-2. The rating agency said that the upgraded rating reflects net proceeds of approximatel...

FEMSA Schedules Conference Call to Discuss Second Quarter 2009 Financial Results

Fomento Economico Mexicano, S.A.B. de C.V. — Thu, 9 Jul 2009 16:00:00 +0000

MONTERREY, Mexico, July 9 /PRNewswire-FirstCall/ -- Fomento Economico Mexicano, S.A.B. de C.V. ("FEMSA") (NYSE: FMX; BMV: FEMSAUBD) is pleased to invite you to participate in its Second Quarter 2009 Conference Call that will be held on:

Tuesday, July 28, 2009 11...

CRE Mauling to Continue

Zacks.com: Analyst Blog — Thu, 9 Jul 2009 15:52:11 +0000

Representative Carolyn Maloney (D-NY), the head of the congressional Joint Economic Committee, is on record as believing that commercial real estate (CRE) is a ticking time bomb, as funding for commercial loans were virtually shut down last year when the financial system bec...

First Commonwealth to Host Second Quarter 2009 Earnings Conference Call on Thursday, July 23, 2009

First Commonwealth Financial Corporation — Thu, 9 Jul 2009 15:50:00 +0000

INDIANA, Pa., July 9 /PRNewswire-FirstCall/ -- First Commonwealth Financial Corporation announced today that it will host a conference call on Thursday, July 23, 2009 at 2:00 p.m. local time to discuss financial resul...

Calls Gaining Popularity on Apple Inc.

SchaeffersResearch — Thu, 9 Jul 2009 15:45:54 +0000

The headlines have been considerably quiet for Apple Inc. (AAPL: today confirmed the following schedule for its second quarter 2009 earnings release and conference call:

Dates & Detail...

Organic Products in Demand

Zacks.com: Analyst Blog — Thu, 9 Jul 2009 15:42:07 +0000

On account of mounting competition from alternative channels and evolving consumer needs towards a healthier life, the natural and organic sector is gaining importance. The natural products sector (which includes organic foods, nutritional and herbal supplements, cosmetics and medicine...