News For EL From The Last 14 Days Check below for free stories on EL the last two weeks.
There are 12 items on the Fly with pertinent information.
Sign up for a free trial to see the rest of the stories you've been missing. |
|
January 30, 2010
|
| 16:39 EDT |  | EL |
|
|
January 29, 2010
|
| 08:49 EDT |  | EL |
| theflyonthewall.com: | Estee Lauder estimates and target raised at Wedbush | | Wedbush raised its estimates for Estee Lauder to reflect the company's increased guidance and business momentum trends. The firm upped its target on shares to $59 from $57 and maintains an Outperform rating. :theflyonthewall.com |
| | 08:39 EDT |  | EL |
|
|
January 28, 2010
|
| 06:59 EDT |  | EL |
| | 06:57 EDT |  | EL |
| | 06:56 EDT |  | EL |
| theflyonthewall.com: | Estee Lauder expects Q3 restructuring charge | | The company expects to take returns and charges associated with restructuring activities in its fiscal 2010 third quarter of about $10M, equal to approximately 3C per diluted common share. The recording of charges will depend on when decisions are made and the relevant accounting criteria are met. Diluted net earnings per share before charges associated with restructuring activities are projected to be between 20c-30c. :theflyonthewall.com |
| | 06:54 EDT |  | EL |
| | 06:53 EDT |  | EL |
| | 06:52 EDT |  | EL |
|
|
January 27, 2010
|
| 16:43 EDT |  | EL |
| theflyonthewall.com: | On The Fly: U.S. Market Wrap-Up for Wednesday 1/27 | | The markets opened slightly lower but quickly advanced into positive territory. The move, however, was short-lived. After a disappointing new home sales report brought out the sellers, the markets drifted lower. Once they crossed back into negative territory, the selling accelerated until each of the major indices was lower by at least 0.50%. The averages sat in a narrow range until the release of the FOMC rate decision. The knee jerk reaction was to sell on the news, but the averages quickly reversed and pushed into positive territory by the close…The Dow rose 41.87 to 10,236.16, the S&P gained 5.33 to 1,097.50, and the Nasdaq added 17.68 to 2,221.41…Among the biggest gainers: Sanmina-SCI Corp. (SANM) surged 15% to $14.15 after beating Q1 EPS estimates by a wide margin. Super Micro Computer (SMCI) soared 16.3% to $13.50 after forecasting better-than-expected Q3 EPS estimates…The losers included: Caterpillar (CAT) which slumped 4.3% to $53.44 after reporting Q4 earnings that fell 65%. The company also issued a disappointing FY10 forecast. Jackson Hewitt (JTX) dropped 16.5% to 2.94 after reporting that it does not believe it can finance its refund anticipation loans…CURRENCY: The dollar closed 0.36% higher on the yen at 89.93 and 0.41% lower on the euro at 0.7132…COMMODITIES: Crude oil closed down 1.05 to 73.66...Natural gas lost 0.19 to 5.24...Gold was lower by 13.00 to 1,086.50…ECONOMIC DATA: New Home Sales for December fell 7.6% to an annual sales rate of 342K versus a consensus range of 350K to 385K. MBA Purchase Applications for the week of 1/22 fell 3.3%. Crude Inventories for the week of January 22 were down -3.88M vs. consensus of 1.5M build. Gasoline inventories 1.99M vs. consensus of 900K build. Distillates 358K vs. consensus of 1.8M draw. The FOMC left interest rates unchanged between 0%-0.25% and expects rates to remain low for “an extended period.” They also said that MBS purchases will end in March as scheduled. Tomorrow…Durable Goods Orders, Jobless Claims, and EIA Natural Gas Report are due…Notable companies reporting Thursday before the opening bell include: Altria Group (MO), AT&T (T), Ball Corporation (BLL), Becton Dickinson and Company (BDX), Bemis (BMS), Bristol-Myers Squibb (BMY), Cardinal Health (CAH), Celgene (CELG), Consol Energy (CNX), Dominion Resources (D), Eastman Kodak (EK), EQT Corporation (EQT), Ford (F), Franklin Resources (BEN), Goodrich (GR), Invesco (IVZ), Janus Capital (JNS), L-3 Communications (LLL), Life Technologies (LIFE), Lockheed Martin (LMT), Motorola (MOT), Raytheon (RTN), Rockwell Collins (ROK), Textron (TXT), The Estee Lauder Companies (EL), Timer Warner Cable (TWC), Xcel Energy (XEL), and Zimmer Holdings (ZMH). :theflyonthewall.com |
| | 15:32 EDT |  | EL |
| | 06:35 EDT |  | EL |
| theflyonthewall.com: | Estee Lauder management to meet with RBC Capital | | Meeting to be held in New York on February 1 hosted by RBC Capital. :theflyonthewall.com |
|
|
|