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Earnings Preview: US Bancorp
seekingalpha.com | Jul 14, 2008
US Bancorp (USB) is expected to report Q2 earnings before market open on Tuesday, July 15, with a conference call scheduled for 2:00 pm ET. <span
http://seekingalpha.com/article/84889-earnings-preview-us-bancorp?source=feed
Datamonitor - AAR Corp. - Company Research, Analysis Reports, News, Profile
BP: Russia targeted in reviewed strategy BP's reviewed strategy is to be spearheaded by a joint venture with Russian group AAR. The company's announcement of below-target, yet competitive, results was overshadowed by the possible $13-16 billion combination of TNK and Sidanco.
http://www.datamonitor.com/companies/company/?pid=3AAAD15B-CCF4-47A8-BE1A-0B630FA05480&news=1
A Bear Market for IPOs
seekingalpha.com | Mar 3, 2008
Justin Fox reckons that the present financial crisis can't be all that bad if it's coinciding with the biggest IPO in US history - especially when that IPO, Visa (V) is a financial one.
http://seekingalpha.com/article/66892-a-bear-market-for-ipos?source=feed
Housing Market Tracker - Foreclosure No Big Deal Anymore
seekingalpha.com | Mar 3, 2008
“They took the negativity out of my life. I was stressing over nothing.” - Raymond Zulueta said of You Walk Away, a company that helps people, for $995, walk away from their homes and cede them to the banks in foreclosure.
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AAR Corporation Extended Employer Snapshot: Detailed Employment Information
Welcome to the Gold Snapshot for AAR Corporation, available only for Vault Gold Members. Learn about Vault Gold Membership benefits or become a Gold member.
http://www.electronicwatercooler.com/companies/reports/coreport_main.jsp?product_id=44686
AIR: Q4 Earnings Call @ 08:30 ET Today [delayed] - Zibb.com
www.zibb.com
AAR Corp. (NYSE : AIR) will host a conference call to discuss its Q4 2008 financial results.Call Details When : Thursday, July 10, 2008 Phone # : 866-219-5894 Intl # : 703-639-1125 Replay Information Phone # : 888-266-2081 Intl # : 703-925-2533 Passcode : 1257901 Source: Company WebsiteMisc
http://www.zibb.com/article/3572662/AIR+Q+Earnings+Call+ET+Today+delayed
Datamonitor - AAR Corp. - Company Research, Analysis Reports, News, Profile
AAR is engaged in the provision of products and value-added services for the aviation/aerospace industry. The company primarily operates in the US and Europe. It is headquartered in Wood Dale, Illinois and employs about 3,900 people. The company recorded revenues of $1,061.
http://www.datamonitor.com/companies/company/?pid=3AAAD15B-CCF4-47A8-BE1A-0B630FA05480
AAR Corporation Jobs & Careers: Vault Employer Profile
K. and the U.S., among others. AAR is headquartered in Wood Dale, Illinois, a Chicago suburb close to O'Hare International, and employs around 2,600 people in over 40 locations worldwide. For the full year 2005, sales increased by 16 percen......
http://www.electronicwatercooler.com/companies/company_main.jsp?product_id=44686&ch_id=241&co_page=1
News from Zibb.com
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Zacks Bull and Bear of the Day Highlights: Comstock Resources, Molson Coors, AAR Corp., Acusphere
CHICAGO, Jul 01, 2008 (BUSINESS WIRE) --
Zacks Equity Research highlights Comstock Resources (NYSE: CRK) as the Bull of the Day and Molson Coors Brewing Co. (NYSE: TAP) as the Bear of the Day. In addition, Zacks Equity Research provides analysis on AAR Corporation (NYSE: AIR), Acusphere, Inc. (Nasdaq: ACUS) and Taubman Centers (NYSE: TCO).
Full analysis of all these stocks is available at http://at.zacks.com/?id=2676.
Here is a synopsis of all five stocks:
Bull of the Day: Comstock Resources (NYSE: CRK)
With first-quarter 2008 volumes up 25% year over year, we expect full-year growth to be approximately 20%. Additionally, the Bois d'Arc sale to Stone Energy is expected to streamline Comstock's operations and position it to function as a pure play onshore natural gas producer. The Haynesville Shale play offers significant long-term reserve-add potential going forward.
Comstock's drilling success in the Cotton Valley formation is another catalyst for future production growth. We are increasing our 2008 ($4.25 vs. $3.40) and 2009 ($3.95 vs. $3.52) EPS estimates.
Bear of the Day: Molson Coors Brewing Co. (NYSE: TAP)
Higher input costs are compressing the company's overall gross margin and smoking bans are negatively impacting the U.K. operations. Of particular concern is the cost rationalization moves by the major brewers that are expected to result in the loss of the positive pricing trends enjoyed by the industry for the last two years. Therefore, a Sell rating is initiated.
Latest Posts on the Zacks Analyst Blog:
AAR Corporation (NYSE: AIR)
We downgrade our rating on AAR Corp. that provides goods and services to both the domestic commercial airlines and the military services from Buy to Hold. This is in consideration of the dismal outlook for the domestic airline industry & the political uncertainties regarding defense expenditures.
On the commercial side, demand for AIR's offerings increases with the expansion and aging of fleet. With these growing requirements, airlines outsource more maintenance, repair and overhaul work.
Acusphere, Inc. (Nasdaq: ACUS)
Although Acusphere's Imagify was not specifically discussed at the meeting, we find it encouraging that the guidelines put forth by the FDA on what is necessary to gain approval for future contrast agents, including a large, randomized clinical program effectively powered to detect significant safety concerns, all seem to have been put in place and accomplished with the RAMP-1 and RAMP-2 program.
We note that between RAMP-1 (n=321) and RAMP-2 (n=377), along with over 300 patients in earlier-stage testing, Imagify has been studied in over 1000 patients. During the phase III (randomized) RAMP program, Imagify was well-tolerated with the majority of adverse effects (AEs) reported being mild in intensity, transient, and resolved without residual effects. Therefore, given the FDA's paramount focus on patient safety following what occurred with Definity and Optison last year, we think Imagify should have smooth sailing in this regard.
Taubman Centers (NYSE: TCO)
Taubman Centers' malls continue to perform relatively well. Retail spending has held up at the company's high end malls and, operationally, TCO will outperform peers in 2008. TCO reported year-over-year increases in sales, rent per square foot, and occupancy in the first-quarter.
Additionally, the company has some attractive domestic and international development projects in the pipeline that will incrementally add to earnings over the next several years. However, the US economy is faltering and consumer spending patterns have been dismal in 2008. We are concerned about retail stocks in an inflationary and weakening economic environment. Thus, we maintain our Hold rating on the shares.
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Tags: airline clinical commercial consumer defense earnings economy email e-mail energy eps investment investment opinion market nasdaq natural gas note nyse prices profit property research retail sailing sales securities security smoking
Companies: AAR Corp. (AIR), Acusphere Inc (ACUS), Comstock Resources, Inc. (CRK), Molson Coors Brewing Co (TAP), Molson Coors Brewing Co (TAP/Aw), Taubman Centers, Inc. (TCO)
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