Earning News – 22nd Jan 09
LSB Industries Guides Above Revenue Estimates LSB Industries Inc (LXU) said it expects fourth quarter revenue of approximately $179.1 million. The current consensus estimate is revenue of $148.3 million for the quarter ending December 31, 2008. Matthews Reaffirms Above Estimates Matthews International (MATW) said it is cautious about 2009, but continues to expect earnings of [...]
Sector Watch: Good, Bad & Ugly
Education: Good sector Shares of ITT Educational Services Inc (ESI) lifted educational stocks on Thursday after the company reported fourth-quarter earnings of $1.61 a share on revenue of $279.8 million, above Wall St estimates of $1.44 a share and $270.7 million in revenue. Shares rose nearly 11 percent to $126,73. Fellow education provider DeVry Inc [...]
What Happened In The Market Today…22 Jan 09
What’s Happening In The Market Now… Stocks were lower at the open this morning after more disappointing economic data was released. The Commerce Department reported construction of new homes and apartments fell 15.5 percent to an annual rate of 550,000 units last month smashing the previous low set in November. The Labor Department reported initial [...]