BloggingStocks http://www.bloggingstocks.com BloggingStocks http://www.blogsmithmedia.com/http://www.bloggingstocks.com/media/feedlogo.gif BloggingStocks http://www.bloggingstocks.com en-us Copyright 2012 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/<![CDATA[Goodyear's Q1: Pricing Power Suggests Better Days Are Ahead]]>http://www.bloggingstocks.com/2010/05/03/goodyear-s-q1-pricing-power-suggests-better-days-are-ahead/http://www.bloggingstocks.com/2010/05/03/goodyear-s-q1-pricing-power-suggests-better-days-are-ahead/http://www.bloggingstocks.com/2010/05/03/goodyear-s-q1-pricing-power-suggests-better-days-are-ahead/#commentsFiled under: , ,

Is Goodyear Tire and Rubber Company's (GT) first quarter performance saying something about the state of pricing power in mid-2010? Perhaps.

Excluding items and one-time charges, Goodyear reported first quarter earnings of 18 cents per share, compared to the Thomson/Reuters First Call estimate of a loss of 2 cents. Wall Street initially pushed the shares up, but quickly took back the gains, and the shares are trading about where they were prior to the first quarter report: around $14.

First quarter revenue increased 21% to $4.3 billion. Tire shipments totaled 43.9 million, up 14% compared to a year ago.

Continue reading Goodyear's Q1: Pricing Power Suggests Better Days Are Ahead

Goodyear's Q1: Pricing Power Suggests Better Days Are Ahead originally appeared on BloggingStocks on Mon, 03 May 2010 17:20:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>automotive partsgoodyearinthenewsrubbertiresMon, 03 May 2010 17:20:00 EST<![CDATA[AutoZone (AZO) revving its engine]]>http://www.bloggingstocks.com/2007/12/13/autozone-azo-revving-its-engine/http://www.bloggingstocks.com/2007/12/13/autozone-azo-revving-its-engine/http://www.bloggingstocks.com/2007/12/13/autozone-azo-revving-its-engine/#commentsFiled under: , ,

The country's largest automotive parts and accessories company, AutoZone Inc. (NYSE: AZO) posted record sales and earnings for 1Q FY 2008. Net sales increased 4.5% to $1.5 billion. Same store sales increased 1.3%. Net income increased 7% to $132.5 million, and gross profit margin improved slightly.

Operating expenses increased slightly, but this additional cost was offset by a much larger reduction in net inventory per store. AutoZone uses a supplier-owned pay-on-scan inventory control system in order to maximize inventory efficiency and reduce cost of goods sold.

During 1Q the company repurchased $350 million worth of stock at an average price of $121 per share, quite a bargain given that the stock recently traded at just under $130 before retreating to $124.

AutoZone (AZO) revving its engine originally appeared on BloggingStocks on Thu, 13 Dec 2007 09:53:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>automotive accessoriesautomotive partsAutomotiveAccessoriesAutomotivePartsAutoZone IncorporatedAutozoneIncorporatedAZOThu, 13 Dec 2007 09:53:00 EST<![CDATA[Analyst initiations 4-04-07: F, GM, JPM and TWC initiated today]]>http://www.bloggingstocks.com/2007/04/04/analyst-initiations-4-04-07-f-gm-jpm-and-twc-initiated-today/http://www.bloggingstocks.com/2007/04/04/analyst-initiations-4-04-07-f-gm-jpm-and-twc-initiated-today/http://www.bloggingstocks.com/2007/04/04/analyst-initiations-4-04-07-f-gm-jpm-and-twc-initiated-today/#commentsFiled under: , , , , , , , , ,

MOST NOTEWORTHY: The automotive sector was today's most noteworthy initiation:
OTHER INITIATIONS:
  • Merriman initiated shares of Progressive Gaming International Corp (NASDAQ: PGIC) with a Buy rating, as the firm believes it is on the cusp of gaining meaningful market share of casino floors through its technologies and now is the time to get involved in shares.
Analyst summaries provided by TheFlyOnTheWall.com (subscription required).

Analyst initiations 4-04-07: F, GM, JPM and TWC initiated today originally appeared on BloggingStocks on Wed, 04 Apr 2007 11:11:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>alvananalystautolivautomotiveautomotive equipmentautomotive manufacturersautomotive partsautomotive retailAutomotiveEquipmentAutomotiveManufacturersAutomotivePartsAutomotiveRetailautonationchryslerdaimlerdcxfford motorsFordMotorsganeral motorsGaneralMotorsgentexgmgntxgpigroup 1Group1hmchondaintiationjcijohnson controlsJohnsonControlsjp morganjpmJpMorganmagnamgapgicprogressive gamingProgressiveGamingratingsahsonictheflyonthewall.comtime warner cableTimeWarnerCabletmtoyotatwcuagunited autoUnitedAutoWed, 04 Apr 2007 11:11:00 EST