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

• Adobe Systems Inc. (NASDAQ: ADBE) was upgraded following its Q1 release and guidance.
• America's Car-Mart Inc. (NASDAQ: CRMT) posted higher earnings in Q3 and same-store sales growth.
• AT&T Inc. (NYSE: T) was upgraded by an analysts who felt that consensus estimates are beatable.
• Berkshire Hathaway Inc. (NYSE BRK.A) suffered a big profit decline, its fifth straight quarterly decline.
• Blackstone Group (NYSE: BX) posted horrible Q4 results as the values of its portfolio shrank.

Continue reading Earnings highlights: Berkshire Hathaway, Blackstone, Costco, Toll Bros. and more

Earnings highlights: Berkshire Hathaway, Blackstone, Costco, Toll Bros. and more originally appeared on BloggingStocks on Sat, 07 Mar 2009 09:40:00 EST. Please see our terms for use of feeds.

There seems to be no end to the real estate bust, especially as the economy continues its descent. Despite this, the online real estate portal, Move, Inc. (NASDAQ: MOVE), continues to plug along.

According to its Q4 results, revenues went from $62.6 million to $57.5 million. Adjusted EBITDA came to $7.3 million, which was down from $9.7 million. Although, this was 27% higher than Q3.

Based on Move's conference call, there is still little visibility as to when the real estate market will stage a comeback. As a result, the company continues to hunker down. For example, Move slashed $20 million in costs over the past two quarters.

Continue reading Move.com keeps in one place, for now

Move.com keeps in one place, for now originally appeared on BloggingStocks on Thu, 05 Mar 2009 12:00:00 EST. Please see our terms for use of feeds.

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

• Archer Daniels Midland Co. (NYSE: ADM) easily beat Q1 estimates due in part to higher prices.
• Bankrate Inc. (NASDAQ: RATE) posted strong Q3 numbers due in part to financial market volatility.
• Berkshire Hathaway Inc. (NYSE: BRK.A) Q3 results were hurt by derivatives loss and hurricane damage.
• Blackstone Group (NYSE: BX) had a brutal Q3 due to writedowns and a scarcity of deals.
• BMW Q3 earnings tumbled due to slower vehicle sales brought on by the economic downturn.
• Dean Foods Co. (NYSE: DF) fell short of Q3 estimates but reaffirmed its full-year guidance.
• Ford Motor Corp. (NYSE: F) reported a modest Q3 loss and a quickly dwindling stockpile of cash.
• Goldman Sachs Group (NYSE: GS) first-ever quarterly loss is predicted by at least one analyst.
• Kenexa Corp. (NASDAQ: KNXA) was downgraded by one analyst following its Q3 report.
• MasterCard Inc. (NYSE: MA) easily beat analysts' Q3 projections, sending shares soaring.
• Move Inc. (NASDAQ: MOVE) reported solid Q3 results on cost cutting and website revamp.
• Potash Corp. of Saskatchewan (NYSE: POT) price-target cuts since its Q3 earings report continue.
• Sprint Nextel Corp. (NYSE: S) broke even in Q3, but Wall Street had been expected a modest profit.
• Toyota Motor Corp. (NYSE: TM) net profit plunged due to the economic slump and strength of yen.
• Walt Disney Co. (NYSE: DIS) fell short of Q4 expectations despite popular High School Musical.
• World Wrestling Entertainment Inc. (NYSE: WWE) Q3 profits tumbled and revenues were flat.

Continue reading Earnings highlights: Ford, Toyota, Goldman Sachs, Disney, Sprint, ADM and others

Earnings highlights: Ford, Toyota, Goldman Sachs, Disney, Sprint, ADM and others originally appeared on BloggingStocks on Sat, 08 Nov 2008 15:40:00 EST. Please see our terms for use of feeds.

Move, Inc. (NASDAQ: MOVE), a leading real estate portal, has had to endure the financial collapse, the plunge in mortgages and the continued deterioration in the housing market. Despite all this, the company continues to get traction.

Just look at the Q3 results. Revenues came to $61.2 million, which compares to $63.4 million in the same period a year ago. Adjusted EBITDA (earnings from before interest, taxes, stock-based compensation and charges, depreciation, amortization and other non-recurring charges) was about $5.7 million. There is about $114 million in the bank.

Move is also continuing to find ways to boost cash flows. For example, the company is in the process of reducing expenses by $20 million per year, which would be a big boost.

At the same time, Move is taking steps to remain competitive and provide its users with a better experience. To this end, the company launched a redesign of its website. In fact, during September the Realtor.com site saw a 17% increase in total minutes spent on the destination.

For the most part, there is a major shift in marketing expenditures from traditional to online platforms. True, this is being muted because of the rough environment. But when things start to improve, Move will certainly be poised to capitalize on the growth.

Tom Taulli is the author of various books, including The Complete M&A Handbook and The Streetsmart Guide to Short Selling: Techniques the Pros Use to Profit in Any Market. He is also the founder of BizEquity, a valuation website.

Move.com still moving in the right direction originally appeared on BloggingStocks on Thu, 06 Nov 2008 10:55:00 EST. Please see our terms for use of feeds.

• In the trucking industry, FTN Midwest initiated shares of Cummins Inc (NYSE: CMI) and Navistar International Corp (NASDAQ: NAVZ) with Hold Ratings and Oshkosh Truck Corp (NYSE: OSK) and PACCAR Inc (NASDAQ: PCAR) with Buy ratings.
• ROO Group (NASDAQ: RGRP) was initiated with a Buy rating and a $3.75 target at Think Equity, which believes RGRP is positioned to capitalize as the Internet continues to grow as a broadcast medium for video.
• Soleil initiated shares of Accuray Inc. (NASDAQ: ARAY) with a Buy rating and $30 target. The company is Soleil's top pick in radiation oncology.
• Soleil also initiated shares of TomoTherapy Inc. (NASDAQ: TTPY) with a Buy rating and $25 target, as the firm believes all-in-one imaging and radiation oncology system in HiArt could become the new standard of care.

• Elan Corp (NYSE: ELN) was initiated with an Outperform rating and $40 target at Leerink Swann, which added shares to the firm's Focus List as it is positive on the Tysabri opportunity.
• Cree Inc (NASDAQ: CREE) was initiated with a Buy rating and $50 target at Amtech, as the firm believes the time for LED adoption has finally arrived and will accelerate in the future.
• Nollenberger initiated shares of ZipRealty (NASDAQ: ZIPR) and Move, Inc (NASDAQ: MOVE) with Neutral ratings.
• CIBC World Markets initiated shares of Whole Foods Market Inc. (NASDAQ: WFMI) with a Sector Underperformer rating and $38 target, expecting the company to be impacted by increasing competition.
• BMO Capital Markets initiated shares of Intel Corp. (NASDAQ: INTC) with an Outperform rating and $10 target.

Analyst initiations 6-1-07: WFMI, INTC, Oshkosh ... originally appeared on BloggingStocks on Fri, 01 Jun 2007 11:38:00 EST. Please see our terms for use of feeds.

The NEXT company in my continuing series of the top 25 stocks for the NEXT 25 years is Move, Inc (NASDAQ: MOVE) Move is headquartered in Los Angeles, California and operates several strategic web sites for consumers looking to buy or sell a home. The stock is trading at $4.20 and carries a market capitalization of $650 million. This company has an opportunity to become the absolute dominant player in the real estate on-line market..

The consumer real estate market has become an on-line search process first and foremost. Currently, 80% of all real estate searches begin on-line and yet only 5% of the advertising and marketing dollars spent are dedicated to the on-line channel. This dichotomy is changing as more budgets from real estate firms and agents are migrating to the on-line channel. Traditional forms of advertising and marketing, such as newspaper and local radio, will witness those dollars moving on-line.

Continue reading Top 25 Stocks for the NEXT 25 years: Movin' on up with MOVE

Top 25 Stocks for the NEXT 25 years: Movin' on up with MOVE originally appeared on BloggingStocks on Fri, 25 May 2007 13:30:00 EST. Please see our terms for use of feeds.

MOVE is on the move originally appeared on BloggingStocks on Mon, 12 Feb 2007 11:08:00 EST. Please see our terms for use of feeds.