Mattel, Inc. (MAT)
We are upgrading our recommendation on <b>Mattel</b> (<a href=http://www.zacks.com/stock/quote/mat>MAT</a>) to Outperform from Neutral. Mattel's fourth quarter earnings were well ahead of the Zacks Consensus Estimate. The better-than-expected results were primarily driven by strong sales of its Barbie dolls and Hot Wheels cars during the holidays. <p> Mattel has an industry-leading position, a strong balance sheet and continues to experience the benefits of its cost-containment initiatives. Its focus on top-line growth, margin expansion and cash conservation also augur well. <p> Considering the company's product line up in 2010, we also expect an improvement in the top line in the upcoming quarters. However, the continuing economic stress will remain a headwind in the near term as the retail environment remains challenging.John Murphy: A LOT OF MARKETS ARE MEETING RESISTANCE AT THEIR 50-DAY AVERAGES — COMBINING SIMPLE AND EMA AVERAGES — WHY 50-DAY LINES ARE LIKELY TO KEEP FALLING
Two Tuesdays ago (February 9), I wrote a message about the number of markets (domestic and foreign) that were starting to bounce off their 200-day moving averages and the likelihood for a short-term...Bark Group Inc. Speeds Acquisitions
NEW YORK, NY--(Marketwire - February 23, 2010) - Bark Group Inc. (
MWI Veterinary Supply (MWIV)
<b>MWI Veterinary Supply's</b> (<a href=http://www.zacks.com/stock/quote/mwiv>MWIV</a>) first quarter of 2010 earnings per share came in at $0.63, well above the Zacks Consensus Estimate of $0.50 and the year-ago earnings of $0.48. <p> The company reported revenues of $236.1 million, an increase of 2% compared to the corresponding quarter of last year. Through its latest acquisition of UK-based Centaur Services, MWI is looking to expand its presence in the international market as well. <p> Although negative trends in the general economy could reduce consumer discretionary spending on animal health products, we are pleased with MWIV's robust growth over the past few years and the strong outlook. Given these factors, we upgrade the stock to Outperform.Tessera Technologies (TSRA)
<b>Tessera Technologies, Inc.</b> (<a href=http://www.zacks.com/stock/quote/tsra>TSRA</a>) is a provider of back-end technology for semiconductor manufacturing. The company's technology enables miniaturization of electronic goods, which is a driver of IC sales in the market today. <p> Consequently, the host of patents, new technologies, customer wins, volume production at customers, ongoing strength in the DRAM market and the licensing model that supports attractive margins are positives. However, protection of intellectual property (IP) for a company this small is a challenge, as are the inherent pricing pressures in the DRAM market. <p> Our estimates reflect the poor performance we expect of Tessera, as the company is impacted by its own pricing policies. We continue to expect only slight sequential growth in each quarter of 2010, indicating another weak year. We are reiterating our Underperform recommendation on TSRA shares.Macada Holding, Inc. Announces It Has Signed a Second LOI to Acquire Custom Auto Sales and Leasing Company
FT. LAUDERDALE, FL--(Marketwire - February 22, 2010) - Macada Holding, Inc. (
Artfest Expands Its Sports Products and Content Distribution
DALLAS, TX--(Marketwire - February 22, 2010) - Artfest International, Inc. (
Artfest Expands Its Sports Products and Content Distribution
DALLAS, TX--(Marketwire - February 22, 2010) - Artfest International, Inc. (
Arthur Hill: ELLIOTT WAVE COUNT FOR S&P 500 – REVIEWING LONG-TERM RETRACEMENTS FOR SPY AND DIA – INTERNATIONAL INDICES ALSO NEAR KEY RETRACEMENTS – XHB CHALLENGES RESISTANCE AS XLF TESTS SUPPORT
[[http://stockcharts.com/members/videos/|Link for today’s video.]] Chart 1 shows an Elliott Wave interpretation for the S&P 500 over the last three years. There are currently four waves with a...CollabNet Acquires Danube
Acquisition of Worldwide Scrum Project Management Leader Uniquely Positions CollabNet to Lead the Agile ALM Market