Radioshack (NYSE: RSH) fell substantially today—from $17.61 to $15.62—on both the announcement of CEO Julian Day’s retirement and the pre-announcement of a reduced quarter four 2010 EPS that is lower than 2009 quarter four’s EPS and analysts’ estimates. RSH hired Day in 2006 after the company dealt with a disappointing […]
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Intuitive Surgical (NASDAQ: ISRG) announced its fourth quarter 2010 financial results Friday and the price of its shares shot up. It reported a 21 percent gain in revenues over the same quarter of 2009 and mentioned that this gain was largely driven by the increasing popularity of its robotic surgical […]
*See important disclosures In the Flexible Value Covestor model, manager Walter Lu uses a deep value investing approach that focuses on arbitrage opportunities and special situations. In his latest investment report for the model, Lu says, In August, I believed that the market was overreacting to the bleak economic outlook […]
Shares of online auction site eBay (NASDAQ: EBAY) jumped today after its quarter four 2010 financial results were released. The company reported a 5 percent increase in revenues year-over-year and a 10 percent increase when excluding Skype’s financial results. At $2.5 billion, EBAY’s actual revenues beat the average estimate of […]
Financial stocks were hit hard today after Goldman Sachs (NYSE: GS) announced revenues that missed analysts’ expectations. On average, analysts had anticipated $39.49 billion in net revenues for 2010, but at $39.16 billion, GS’ actual results were lower. GS’s EPS was down from 2009 but did beat analysts’ expectations. That […]
*See important disclosures. Buying stocks with a high dividend yield can be a great way to increase income and that’s the goal within Athena Invest’s Athena Dividend Income model. The top holding in the model is US Ecology (NASDAQ: ECOL), which had a 4.13 percent dividend on January 19th (Money.CNN.com). […]
The day after Apple (NASDAQ: AAPL) CEO Steve Jobs announced that he would be taking a leave of absence from the company, the stock fell 2.16 percent to $340.95. Jobs’ health concerns are not news to investors. Over the years, anyone watching the stock has learned that announcements regarding his […]
New model manager Sasa Persic derives his investing acumen from non-mathematical methods. On his website he states, As our background is purely non-mathematical, that separates us from a typical quant algo shop. Systems we create and trade are results mostly of trading experience, not study of mathematics. Our basic thesis […]
Keep a little extra in the piggy bank for that summer vacation. We’re waiving 100% of Covestor management fees for three months on newly Funded Mirroring Accounts. Just sign-up for an account by Memorial Day, and you’ll pay no Covestor fees for the entire summer, through August 31, 2011. That’s […]
Piper Jaffray released a research report Friday that mentioned technology company Nanometrics (NASDAQ: NANO) may benefit from Intel’s (NASDAQ: INTC) increased capital spending in 2011. In 2009, INTC represented 10.4 percent of Nano’s revenue, so the impact of its increased capital spending could be substantial. As a result of this […]
This week we spoke with Paul MacNamara of Strategic Investment Partners Wealth Management about his firm and his Capital Appreciation ETF with Covestor. *See Important Disclosures Covestor LIVE: On the Strategic Investment Partners (SIPCO) website, it states that your firm uses an investment strategy for equity portfolios that is, “…based […]
*See Important Disclosures In the Deep Value model, manager Analytic Investments uses a set of valuation factors to determine what stocks to add to the model. These factors include low price to earnings ratio and high dividend yield. On their website, Analytic Investment talks about their method of portfolio management: […]