Here are a few highlights from this past week's earnings coverage from BloggingStocks:

• America's Car-Mart Inc. (NASDAQ: CRMT) beat estimates by closing underperforming branches.
• Aristotle Corp. (NASDAQ: ARTL) fourth-quarter revenue edged up while earnings slipped.
• Blackstone Group (NYSE: BX) fourth-quarter profit plunged on bond insurance related write-downs.
• Boston Beer Co. Inc. (NYSE: SAM) fourth-quarter profit more than doubled as drinkers switch to craft beers.
• CAI International Inc. (NYSE: CAP) beat expectations fourth quarter and raised its guidance.
• Caterpillar Inc. (NYSE: CAT) offered encouraging guidance for the full year and long term.
• Consolidated Communications Holdings Inc. (NASDAQ: CNSL) beat estimates for the fourth quarter.
• Flow International Corp. (NASDAQ: FLOW) beat expectations, sending shares up sharply.
• Gehl Co. (NASDAQ: GEHL) fourth-quarter profit fell but beat expectations due to international growth.
• J. Crew Group Inc. (NYSE: JCG) raised its full-year outlook, sending shares higher.
• Kroger Co. (NYSE: KR) beat fourth-quarter expectations though profit slumped due to inflation.
• Maidenform Brands Inc. (NYSE: MFB) beat fourth quarter estimates due to sourcing initiatives.
• Smart Balance Inc. (NASDAQ: SMBL) nearly doubled its fourth-quarter loss despite strong revenue growth.
• Take-Two Interactive Software Inc. (NASDAQ: TTWO) posted a narrower-than-expected first-quarter loss.
• WellPoint Inc. (NYSE: WLP) cut its first-quarter and full-year forecasts on higher expenses.

Continue reading Earnings highlights: Blackstone, Caterpillar, Kroger, WellPoint, Boston Beer, and others

Earnings highlights: Blackstone, Caterpillar, Kroger, WellPoint, Boston Beer, and others originally appeared on BloggingStocks on Sat, 15 Mar 2008 11:40:00 EST. Please see our terms for use of feeds.

Anyone who has ever been a technical contractor knows that working for federal government clients can be particularly demanding. When you get the hang of it, though, it's good steady work. On the IT side, there is an outfit in Arlington, Virginia that really knows the ropes. It ranks high on the list of leading defense contractors.

CACI International (NYSE: CAI) provides a wide range of information technology and communications solutions, primarily to U.S. government clients. Systems integration, network management, engineering, simulation, and information assurance services are offered in support of client communications, system security, data collection and analysis. The firm also provides market analysis software, debt management services and litigation support. CACI International employs about 10,500 people worldwide.

The firm pleased investors last week, when it reported fiscal Q4 EPS of 67 cents and revenues of $520.4 million. Analysts had been expecting 63 cents and $479.2 million. The CEO noted, "During the quarter, we won all of our major recompetes and won significant new business across the federal government." Management also guided FY08 EPS to $2.50-2.80 ($2.68 consensus) and FY08 revenues to $2.05-2.15 billion ($2.09B consensus). JP Morgan subsequently upgraded the shares from "underweight" to "overweight".

Continue reading CACI International (CAI): Shaping Uncle Sam's information technology

CACI International (CAI): Shaping Uncle Sam's information technology originally appeared on BloggingStocks on Wed, 22 Aug 2007 13:48:00 EST. Please see our terms for use of feeds.

MOST NOTEWORTHY:

• JP Morgan upgraded CACI Int'l (NASDAQ: CAI) to Overweight from Underweight, considering the company an attractive, defensive stock and a "safe haven" based on the government exposure.

• Friedman Billings upgraded Abercrombie & Fitch (NYSE: ANF) to Outperform from Market Perform citing ongoing cost-cutting and MG&A lines.

• Deutsche Bank upgraded Kohl's (NYSE: KSS) to Buy from Neutral citing valuation and successful execution of its marketing, merchandising and store expansion plans.

• Bear Stearns upgraded the software sector to Market Weight from Underweight on valuation...

• UBS upgraded Home Depot (NYSE: HD) to Neutral from Sell.

• JP Morgan raised Blockbuster (NYSE: BBI) to Overweight from Neutral.

• FTN Midwest upgraded to Seagate (NYSE: STX) to Buy from Neutral.

• Soleil upgraded Orbitz Worldwide (NYSE: OWW) to Buy from Hold.

• JP Morgan added Leap Wireless (NASDAQ: LEAP) to its Focus List.

Analyst upgrades: ANF, BBI, HD and KSS originally appeared on BloggingStocks on Fri, 17 Aug 2007 10:34:00 EST. Please see our terms for use of feeds.

MOST NOTEWORTHY:

• ThinkEquity started Kenexa Corp (NASDAQ: KNXA) with an Accumulate rating, citing the company's attractive business model that can deliver high-value, high-margin content, but questions the company's plans to compete with best-of-breed vendors.

• Banc of America initiated CACI International (NYSE: CAI) with a Neutral, citing the challenging budget environment and margin trends.

• Banc of America believes shares of SI International (NASDAQ: SINT) offers a compelling risk/reward given the improving civilian funding environment and upside potential from recent M&A activity, and assumed coverage with a Buy rating and $38 target.

• Tyco Electronics (NYSE: TEL) was started with a Hold rating at Deutsche Bank, citing risks to the company's potential turnaround.

• Yum! Brands (NYSE: YUM) was re-initiated with an Outperform rating at Friedman Billings on valuation and considers any stock price weakness from the increased costs as a buy opportunity.

• Banc of America assumed the following Government IT Services companies with Buy ratings: SRA International (NYSE: SRX) and SI International.

• Banc of America assumed the following Government IT Services companies with Neutral ratings: CACI International, MTC Technologies (NASDAQ: MTCT), SAIC (NYSE: SAI), and ManTech International Corp (NASDAQ: MANT).

Analyst initiations 7-03-07: CAI, MANT and YUM originally appeared on BloggingStocks on Tue, 03 Jul 2007 10:31:00 EST. Please see our terms for use of feeds.

MOST NOTEWORTHY:

• Citigroup upgraded Verizon Commuications (NYSE: VZ) to Buy from Sell and raised their target to $48 from $33 as the firm believes earnings-per-share growth will override cap ex concern.

• Citigroup also upgraded shares of Priceline.com (NASDAQ: PCLN) to Buy from Hold on valuation as the firm believes the company's growth prospects are underestimated in the stock following the recent sell-off.

• Intel Corp (NASDAQ: INTC) was upgraded to Buy from Neutral at Merrill Lynch citing the company's robust product road map and its ability to compete against Advanced Micro Devices (AMD).

• JP Morgan upgraded NYXE Euronext (NYSE: NYX) to Neutral from Underweight and believes the risks that attributed NYX's downgrade in February have played out and sees limited downside at these levels.

• Cantor upgraded Top Tankers (NASDAQ: TOPT) to Hold from Sell following better-than-expected Q1 results...

• UBS upgraded shares of CACI International Inc (NYSE: CAI) to Buy from Neutral.

• Leerink Swann raised United Therapeutics Corp (NASDAQ: UTHR) to Outperform from Market Perform.

• Calyon upgraded Nabors Industries Ltd (NYSE: NBR) to Add from Neutral.

• Murphy Oil Corp (NYSE: MUR) was raised to Hold from Sell at Benchmark.

• Banc of America upgraded shares of Tanger Factory Outlet Centers Inc (NYSE: SKT) to Buy from Neutral.

• Baird upgraded Brady Corp (NYSE: BRC) to Outperform from Neutral.

Analyst upgrades 5-18-07: INTC, NYX, PCLN and VZ originally appeared on BloggingStocks on Fri, 18 May 2007 10:53:00 EST. Please see our terms for use of feeds.

MOST NOTEWORTHY:

• Morgan Stanley downgraded CACI International (NYSE: CAI) and SAIC Inc (NYSE: SAI) to Underweight from Equal Weight to reflect concerns over an increasingly unfavorable political environment as the risk of reduced funding for federal IT initiatives grows.

• Soleil downgraded shares of CenturyTel (NYSE: CTL) to Sell from Hold on valuation and a possibly active hurricane season.

• Honda Motor Co (NYSE: HMC) was cut to Neutral from Buy at Merrill Lynch.

• Micron Technology (NYSE: MU) was downgraded to Sell from Neutral at Goldman Sachs as the firm believes improvements in DRAM pricing will be short lived and that the company will continue to generate losses given its poor cost structure.

• CSX Corp (NYSE: CSX) was downgraded to Reduce from Neutral at Calyon on valuation and deteriorating volume.

• Rockwell Automation (NYSE: ROK) was cut to Neutral from Overweight at JP Morgan.

• Inverness Medical Innovations, Inc (AMEX: IMA) was downgraded to Hold from Buy at Stifel.

• WebSideStory, Inc (NASDAQ: WSSI) was downgraded to Sector Perform from Outperform at RBC, citing short-term execution risks.

• Jefferies downgraded Cerner Corp (NASDAQ: CERN) to Hold from Buy.

Analyst downgrades 4-05-07: Honda Motor, Micron Tech & CSX Corp downgraded today originally appeared on BloggingStocks on Thu, 05 Apr 2007 10:58:00 EST. Please see our terms for use of feeds.

MOST NOTEWORTHY:

• Lehman Bros. downgraded the Major European Pharmaceutical Sector based on its 2007 outlook.
  
• The firm downgraded Sanofi-Aventis ADS (NYSE: SNY) and Glaxosmithkline plc ADS (NYSE: GSK) to Equal Weight from Overweight.

• Deutsche Bank is cautious on British Airways' ADS (NYSE: BAB) 2007 outlook and downgraded the airliner to Sell from Hold, citing valuation.

• Goldman Sachs downgraded Hornbeck Offshore Svc (NYSE: HOS) to Sell from Neutral following the driller's disappointing fourth quarter outlook.

• Wachovia downgraded CACI Int'l (NYSE: CAI) to Market Perform from Outperform following the sudden announcement last night that CFO Waechter has resigned from the company.

Analyst downgrades 1-11-07: Major European Pharma downgraded originally appeared on BloggingStocks on Thu, 11 Jan 2007 11:16:00 EST. Please see our terms for use of feeds.