FeedPosted Apr 1st 2011 5:20PM by Connie Madon (RSS feed)
Filed under: Major Movement, Good news, Indices, Market Matters, Caterpillar (CAT), Krispy Kreme Doughnuts (KKD), Office Depot (ODP), Economic Data, DJIA
Non-farm payrolls came in higher than analysts' forecasts and the unemployment rate fell to 8.8%. That good news sent the Dow Jones Industrial Average to a new 2011 high. At midday the Dow was up 78 points to 12,397 -- as reported by the Wall Street Journal.
Except for a brief sell-off to the 11,500 level, the market has moved quickly to regain lost ground and is now at new highs. Last week the USDA's crop report was bullish for grains. It's not surprising that Caterpillar (CAT) led the charge, up 1.7%. But there are always some losers. Office Depot (ODP) fell 11% after reporting a fourth quarter loss and Krispy Kreme Doughnuts (KKD), which also had a fourth quarter loss, fell 17%.
Continue reading Dow Hits New 2011 High: What's Next?
Posted Mar 30th 2011 9:00AM by Michael Fowlkes (RSS feed)
Filed under: Before the Bell, Earnings Reports, Forecasts, Good news, Products and Services, Family Dollar Stores (FDO), Recession
Discount retailer Family Dollar Stores Inc. (FDO) reported its fiscal second quarter results this morning, topping analyst estimates and sending the stock higher in premarket trading.
For the quarter, Family Dollar reported it earned 98 cents per share, topping analyst estimates by a penny. During the same period last year, the company earned 81 cents per share.
Continue reading Family Dollar Earnings Top Estimates, Sending Shares Higher
Posted Mar 23rd 2011 5:30PM by Brent Archer (RSS feed)
Filed under: Major Movement, Earnings Reports, Forecasts, Good news, Options, Technical Analysis

Jabil Circuit (
JBL) shares are rising today after
the company reported earnings last night, posting a fiscal-Q2 profit of $55.4 million, or 25 cents per share. Excluding one-time items, JBL earned 54 cents per share on revenue of $3.9 billion. Analysts had forecast a profit of 51 cents per share on revenue of $3.91 billion. JBL also forecast Q3 earnings of 55 to 59 cents per share on revenue of $4.1 to $4.2 billion. Analysts are looking for a profit of 54 cents per share on revenue of $4.04 billion. If you think that the stock won't fall by too much in the coming months, then now could be a good time to look at a bullish hedged trade on JBL.
JBL opened this morning at $20.42. So far today the stock has hit a low of $20.10 and a high of $21.30. As of 12:30, JBL is trading at $21.00 up 2.07 (10.9%). The chart for JBL looks neutral and
S&P gives JBL a neutral 3 STARS (out of 5) hold ranking.
Continue reading Jabil Circuit Reports Strong Q2 Earnings & Q3 Forecast
Posted Mar 9th 2011 5:00PM by Sheldon Liber (RSS feed)
Filed under: Earnings Reports, Good news, Management, Bargain Stocks, Chasing Value™, Stocks to Buy, Stock Picks

There is a very small (micro-cap) insurance company in Florida called Homeowners Choice, Inc. (
HCII) that I included among
my stock picks for 2011. My suggestion was made with some reservations, not because of it's growth potential, but because I was concerned that the write-up itself might impact the stock.
Yesterday, March 8, HCII reported it's 13th straight quarter of profitability with Q4 earnings of 27 cents per share versus anticipated earnings of 14 cents.
At the time of the initial post HCII was $8.08. It was $8.50 at today's opening and has been hovering around that mark most of the trading day. That equates to a 5.19% gain in 9 weeks (30% annualized).
Continue reading Chasing Value: Homeowners Choice Earnings, Another Great Quarter
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