News For DE From The Last 14 Days Check below for free stories on DE the last two weeks.
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February 9, 2010
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| 07:31 EDT |  | DE |
| theflyonthewall.com: | Deere volatility elevated into EPS and global sales outlook | | Deere closed at $48.96. Deere is scheduled to report Q1 EPS on February 17. February 49 straddle is priced at $3.55, March is at $5.60. March put option implied volatility is at 45, June puts are at 42; verses its 26-week average of 39, according to Track Data, suggesting decreasing price movement. :theflyonthewall.com |
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February 2, 2010
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| 09:00 EDT |  | DE |
| | 07:29 EDT |  | DE |
| theflyonthewall.com: | Deere initiated with a Hold at Morgan Joseph | | :theflyonthewall.com |
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January 28, 2010
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| 21:16 EDT |  | DE |
| theflyonthewall.com: | Jim Cramer's "Mad Money" | | Jim Cramer said, he really "doesnt like this market", as the sellers have become too powerful, and this is shaping up to be a dip that cannot be bought. By all accounts, this market should be heading higher, Cramer told viewers. He cited countless company profits that beat expectations handedly, such as: Procter & Gamble (PG), Boeing (BA) or even Apple (AAPL). He said the big money managers have gotten fearful of of President Obama's anti-shareholder stance and fearful of a slowdown in China, and they're using any excuse they can to sell. Thursday's reason seemed to be problems in the Greek bond market. Cramer said, there may be no choice but to get more defensive and wait for the selling to come to an end. Next, Cramer spoke with Roy Vallee, chairman and CEO of Avnet (AVT). Vallee painted a rosy picture for his industry, saying that technology is leading the U.S. recovery. He said that after a year of pent up demand, companies are beginning to spend again, leading to double-digit growth at Avnet. Also contributing to the demand is Cramer's Mobile Internet Tsunami, which Vallee confirmed is alive and well with hundreds of new devices being built. Vallee also cited Avnet's new deal with Cisco (CSCO) as another catalyst for the company. Cramer called Avnet a buy, buy, buy. Then, Cramer spoke with Tom Farrell,chairman, president and CEO of Dominion Resources (D), a utility that recently beat earnings and boosted its dividend. Farrell said that construction on the company's new coal fired power plant in Virginia began 18 months ago, and will be generating 600 megawatts by 2011. Farrell said that Dominion is fortunate to serve Virginia, where the unemployment is less than the national average and where there are strong government and military operations that help stabilize demand. The company is leasing its 450,000 acres of its Marcellus shale assets and using the proceeds to build out in other areas. Cramer said Dominion remains his favorite utility and the company represents a good yield for uncertain times. Cramer interviewed Robert Gross, chairman and CEO of Monro Muffler Brake (MNRO), a company with no exposure to China and President Obama's political agenda. Gross was bullish on his business, thanks in part to the collapse of General Motor's (GM, GMGMQ) and Chrysler's dealer networks and the fact that people are holding onto their cars longer. Cramer remained bullish on Monroe, despite the fact its shares are up 62% since his first recommendation on Aug. 8, 2008. He said Monro still has many years of solid growth ahead of it. LIGHTNING ROUND: (Bullish) AKAM; EXC; DE; F. (Bearish) JOYG; QCOM. Reference Link :theflyonthewall.com |
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January 27, 2010
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| 10:57 EDT | | DE |
| theflyonthewall.com: | Caterpillar slides after EPS guidance falls below consensus | | Caterpillar (CAT) reported Q4 EPS of 36c, compared with analysts' consensus estimate of 28c. Excluding redundancy costs, the company's EPS was 41c. However, the company's revenue came in at $7.90B, versus the consensus of $8.11B. Moreover, the construction equipment maker predicted that its FY10 EPS would come in at "about" $2.50 versus the consensus of $2.71, if its revenues come in at the midpoint of its forecast. Caterpillar predicted that its FY10 revenue would increase 10%-25%, compared with 2009 levels. The company said that it continues to see signs of economic improvement, particularly in China and most developing countries. Caterpillar reported that it is also seeing signs of improvement in North America, Europe, and Japan, although these economies remain weak and have not rebounded as quickly as developing countries. Caterpillar added that it had seen a significant increase in demand for mining equipment and improvement in sales of aftermarket service parts. In mid-morning trading, Caterpillar slumped $4.34, or 7.77%, to $51.39. Other construction equipment makers also fell, with Terex (TEX) declining 4.50% to $20.14, while Manitowoc (MTW) fell 2.88% to $11.14 and Deere (DE) dropped 4.28% to $51.12. :theflyonthewall.com |
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