VMC posts
FeedPosted Oct 31st 2010 12:30PM by Trey Thoelcke (RSS feed)
Filed under: Earnings Reports, Forecasts, Starbucks (SBUX), Toyota Motor Corp. (TM), Economic Data, Teva Pharm Indus ADR (TEVA), Stocks to Buy, Federal Reserve, Marathon Oil (MRO)
It will be a busy week. Republicans are poised to gain control of the House of Representatives and gain governorships in Tuesday's mid-term elections. Also, the Federal Reserve is expected to announce another round of quantitative easing Wednesday, following the FOMC meeting. Major retailers are scheduled to report October same-store sales Thursday, while the October unemployment rate, announced on Friday, is expected to remain at 9.6%.
Toyota's (TM) fiscal second-quarter results will be one of the highlights on the earnings front this week. After three periods of way underestimating Toyota's earnings, have the analysts surveyed by Thomson Reuters got it right this time? The stock sure could use a boost. Teva Pharmaceuticals (TEVA) is in a similar situation; i.e., high expectations for this week's quarterly results but a stock in need of a boost. Marathon (MRO) and Starbucks (SBUX) are also expected to post strong earnings growth this week, but both stocks are riding high.
Continue reading Week in Preview: Election, QE2, Unemployment and More Earnings
Posted Oct 19th 2010 12:00PM by Eric Buscemi (RSS feed)
Filed under: Analyst Reports, Analyst Upgrades and Downgrades, Starwood Hotels Worldwide (HOT), Marriott Intl'A' (MAR), Analyst Initiations, Time Warner Cable (TWC)
Analyst Upgrades
- JPMorgan upgraded Dollar Tree (DLTR) to neutral from underweight and $48 price target.
- Credit Suisse upgraded Time Warner Cable (TWC) to outperform from neutral and raised its price target to $70 from $59, citing growth in wireline HST demand.
- Needham upgraded NetScout (NTCT) to buy from hold with a $29 price target, citing channel checks that indicate industry spending on network monitoring software may be improving.
- Nstar (NST) was upgraded to buy from neutral at BofA/Merrill.
- Novo Nordisk (NVO) was upgraded to hold from sell at Societe Generale.
- Air France-KLM (AFLYY) was upgraded to neutral from underperform at Credit Suisse.
Continue reading Analyst Calls: DLTR, FLR, H, HOT, MAR, NTCT, NVO, RNOW, TWC, VECO, VMC ...
Posted Oct 1st 2010 3:00PM by Joseph Lazzaro (RSS feed)

They don't all work out. Vulcan Materials (
VMC), first discussed here
on June 3, 2009 at a price of $46.28, was stopped-out for a roughly 9-point loss at $37 on August 24, 2010.
Vulcan, a major producer of construction aggregates, asphalt and concrete, hit a high just shy of $60 in the spring, then formed
a bear hug.
The calculation in June was that a bottom in highway and related road construction projects would push VMC out of its bear hug pattern. It did not happen, and the trade ended with a 9-point loss. Vulcan later made a new 2010 low
at $35.61.Continue reading Vulcan Materials: Stopped-Out for Loss
Posted Sep 21st 2010 11:20AM by Eric Buscemi (RSS feed)
Filed under: Analyst Reports, Analyst Upgrades and Downgrades, Apple Inc (AAPL), Time Warner (TWX), Walt Disney (DIS), Viacom (VIA), Whole Foods Market (WFMI), Analyst Initiations, SanDisk Corp (SNDK), Intuitive Surgical Inc (ISRG)
Analyst Upgrades
- Soleil upgraded Community Health (CYH) to buy from hold based on expectations for improved 2011 demand. The firm has a $40 price target on the stock.
- Wunderlich upgraded Invesco Mortgage (IVR) to buy from hold following the company's better-than-expected Q3 dividend. The firm also raised its target price for shares to $23.50 from $21.50.
- Goldman upgraded SuccessFactors (SFSF) to conviction buy from buy, citing cloud exposure.
- Vulcan Materials (VMC) was upgraded to buy from hold at Jefferies.
- Comstock Resources (CRK) was upgraded to buy from neutral at Ladenburg.
- Trimble Navigation (TRMB) was upgraded to buy from hold at Canaccord.
Continue reading Analyst Calls: AAPL, CYH, DIS, ISRG, IVR, NYT, SNDK, TWX, VIA, VMC, WFMI ...
Posted Sep 17th 2010 11:30AM by Eric Buscemi (RSS feed)
Filed under: Analyst Reports, Analyst Upgrades and Downgrades, McDonald's (MCD), Chipotle Mexican Grill'A' (CMG), Darden Restaurants (DRI), Yum Brands (YUM), Analyst Initiations, Intuitive Surgical Inc (ISRG)
Analyst Upgrades
- Baird upgraded Oshkosh (OSK) to outperform from neutral, citing valuation as it believes post-Iraq U.S. military spending concerns are overdone. The firm keeps a $42 price target for shares.
- Goldman transferred coverage on CenturyTel (CTL) with a buy from a neutral and has a $42 price target on the stock. The firm believes CenturyTel could increase buybacks and or increase its dividend given free cash generation and low payout ratio.
- Lazard Capital upgraded Hatteras Financial (HTS) to buy from hold to reflect increased dividend projections. The firm has a $30 price target for shares.
- EOG Resources (EOG) was upgraded to neutral from underperform at Credit Suisse.
- Donaldson (DCI) was upgraded to neutral from underperform at BofA/Merrill.
Continue reading Analyst Calls: CTL, HTS, ISRG, MCD, MLM, OSK, RUTH, WMS, YUM ...
Posted Aug 3rd 2010 8:30AM by Steven Mallas (RSS feed)
Filed under: Earnings Reports, Industry
Since I last wrote about Vulcan Materials (VMC), the stock has been under pressure from the sellers. I wrote my previous piece back near the beginning of May. The one-year chart shows the terrible plunge after that particular point in time. Technically, the stock could be unappealing.
Then again, could it have already bottomed out? Joseph Lazzaro brought up that possibility. It's an interesting situation. The 52-week low for the equity is $41.80; the 52-week high is $62. The stock closed yesterday's regular session at $46.85. It was up roughly 3.6%, taking advantage, I'm guessing, of the bullish tone of the overall markets. Volume, however, wasn't too impressive, as it was merely average.
Continue reading Vulcan Materials Reports Second-Quarter Loss
Posted Jul 15th 2010 3:40PM by Joseph Lazzaro (RSS feed)
Filed under: Stocks to Buy

The shares of Vulcan Materials (
VMC), first discussed
on June 3, 2009 at a price of $46.28, have re-trenched after accelerating out of a trough to $60 this spring but I still like the shares. Here's why:
Look for 2010 revenue for Vulcan, a major producer of construction aggregates, asphalt and concrete, to increase 2-4%, as construction aggregate demand slowly recovers. Spending for public infrastructure projects also will provide a modest tailwind. Commercial construction, however, will require a longer recovery timetable.
Continue reading Has Vulcan Materials Bottomed at $41?
Posted May 4th 2010 3:20PM by Steven Mallas (RSS feed)
Filed under: Earnings Reports, Industry
Vulcan Materials (VMC) is currently trading in the red. It's very in the red, actually: at the time of this writing, shares were down $3.86, or over 6.5%, to $55.03. The markets are down today, of course, so that has to be taken into consideration; yet, of more importance is the first-quarter report that was released on Monday.
The maker of construction aggregates lost 35 cents per share from continuing operations versus losing 29 cents per share from continuing operations in the year-ago period. There was negative free cash flow during the quarter, too.
Continue reading Vulcan Materials Down After Q1 Report
Posted Mar 28th 2010 10:40AM by Joseph Lazzaro (RSS feed)
Filed under: Stocks to Buy
The shares of Vulcan Materials (VMC) have accelerated out of a low near $42, hence I'm removing my "stand aside" recommendation and I'm now confident that Vulcan can retake higher ground from here. I first wrote about Vulcan on June 3, 2009, at a price of $46.28.
Institutional investors have been cautious with Vulcan, a major producer of construction aggregates, asphalt and concrete, given the uneven start to the U.S. recovery.
Continue reading Vulcan Materials: On the Mend
Posted Feb 13th 2010 2:40PM by Trey Thoelcke (RSS feed)
Filed under: Earnings Reports, Coca-Cola (KO), Walt Disney (DIS), Sprint Nextel Corp (S), Abercrombie and Fitch (ANF), Hasbro Inc (HAS), Electronic Arts (ERTS)
Here are some highlights from this past week's earnings coverage on BloggingStocks:
- Abercrombie & Fitch Co. (ANF) received an analyst's upgrade ahead of next week's Q4 earnings report.
- Acer Inc. reported its highest quarterly earnings in almost three years due in part to growth in shipments.
- Baidu Inc. (BIDU) swung to a better-than-expected Q4 profit, with strong revenue growth, and offered rosy guidance.
- Biogen Idec Inc. (BIIB) offered an upside surprise as well as full-year earnings above Wall Street estimates.
- Coinstar Inc. (CSTR) strong quarterly results and guidance, as well as litigation concerns, failed to inspire Wall Street.
- Coca-Cola Co. (KO) posted strong Q4 and full-year earnings results due to growth in emerging markets.
Continue reading Earnings Highlights: Acer, Baidu, Coca-Cola, Disney, Hasbro, Sprint ...
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