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Tuesday, November 10, 2009

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Monday, November 2, 2009

Top November stock pick for 2009 ( DNDN ) Dendreon Corp ?


Dendreon Corp $ 25.27 a share as of 11/2/2009 , Target price 45.00 by End 2010 .
A biotechnology company focused on the discovery, development and commercialization of novel therapeutics that harness the immune system to fight cancer.Dendreon Corporation (Dendreon) is a biotechnology company focused on the discovery, development and commercialization of therapeutics that improve cancer treatment options for patients. Dendreon’s most advanced product candidate is Provenge (sipuleucel-T), an active cellular immunotherapy that has completed two Phase III trials for the treatment of asymptomatic, metastatic, androgen-independent prostate cancer. Dendreon Corporation (Nasdaq: DNDN) today announced that it has completed the submission of the amended Biologics License Application (BLA) for PROVENGE® (sipuleucel-T), the Company's lead investigational product, to the U.S. Food and Drug Administration (FDA). Dendreon is seeking licensure for PROVENGE for men with metastatic castrate-resistant prostate cancer (CRPC). If approved by the FDA, PROVENGE would represent the first product in the new therapeutic class known as active cellular immunotherapies.Merriman has $50 price target and many analysts think DNDN will be bought out before 2010, and they will have a catalyst from submitting their app to the FDA in a few months...so the stock should outperform market in next 6 months...even though this does not count the huge April run-up. Anybody believe in NewWorldInvestor's $360 price target (not counting dilution vis share issuances)? Pretty interesting...
One must be skittish about long-term hold with DNDN, though, because they want insurance companies to pay about $60,000 per patient after it gets past the FDA and available in the USA market - to only give each patient a few extra months of life before dying. Because there are MANY drugs and treatments that aim to delay death from various cancers by only a few months, and they (almost) all cost tens of thousands per patient, you have to consider Obama and the insurance companies teaming up and targeting this area as a primary cause of PREDICTED/FUTURE healthcare cost growth. They will try to find a way to cut out insurance coverage for these kinds of very expensive treatments. Big ethical debate on the horizon, don't you think?
I hope patients and the economy's stability benefit from the emergence of simpler and cheaper PREVENTIVE treatments like the prostate cancer prevention drug from GTXI, that many folks (the ones who want the drug) can likely pay for themselves on a monthly basis, with only partial insurance co-pay.

The amended BLA includes data from the IMPACT (IMmunotherapy for Prostate AdenoCarcinoma Treatment) trial, which was conducted under a Special Protocol Assessment agreement with the FDA. The IMPACT study met its pre-specified primary endpoint demonstrating a statistically significant improvement in overall survival in men with metastatic CRPC.

"With the BLA submission complete, we have taken an important step towards reaching our goal of bringing a new therapy to men with advanced prostate cancer," said Mitchell H. Gold, MD, president and chief executive officer of Dendreon. "We look forward to working with the FDA to potentially make PROVENGE the first active cellular immunotherapy to be licensed in the United States."

This stock is a very risky stock to buy !

Whole new way of treating cancers, with treatment for breast cancer to follow treatment for prostate cancer. No more chemo or radiation. Amazing technology. Acts like a vaccine. Big companies putting big money into it, i.e. Fidelity Mutual Corp. Provenge looks great, and when combined with the lack of side effects mean this agent will likely become a preferred option in its arena. I do not know an single oncologist who won't be trying to use this in earlier stages if they see the same results shown in IMPACT Future looks really good from here....FDA approval, Row partner , and always a chance a big Pharma steps in and buys them out and thats not even considering thier pipeline potential for new products (breast cancer ) already in the works. If you missed the initial runup it's not to late , theres lots of upward potential as one or all of the possibilities i mentioned materialize. I sold 1/3 of my position after the Bear Raid Fiasco to cover my costs once trading resumed ($26.25/share) I'll sell another 1/3 at $60 and keep the last 1/3 for the long haul.DNDN will likely sell the drug in the US itself, using the cash from 10 million new shares of stock to start that distribution network and it production facilities. That will probably net it 1$-2 billion a year. Then it will probably partner up in Europe and Asia to sell there, where each of those markets could reach up to $1 billion as well. Taking the conservative estimate, if they have revenues of $3 billion, and net income ends up as 10% of that, we get $300 million income, divided by 110 million shares is about $2.75 a share. Throw a PE of 15 on that and that would fetch a stock price of about $41.25. That would be a double from here, on conservative estimates (assuming all goes well). Using higher end estimates that number would look more like $70. I'd be happy with either. It's not the huge gains recorded in the last month, but now all the news is out, so such large gains should not be expected any longer.

Ford ( F ) Beats earnings !


US auto giant Ford Motor Company (NYSE:F)Co. reported Monday it swung into profit of 997 million dollars in the third quarter and said it was on track for a solid recovery.

Ford, the number-two US automaker, reported net income of 997 million dollars in the third quarter, a gain of 1.2 billion dollars from the same period in 2008.

Overall pre-tax operating profit totaled 1.1 billion dollars, an improvement of 3.9 billion dollars from the 2008 July-September period and the first quarterly profit since the first quarter of 2008, the company said.

For the key North America market, the company posted a pre-tax operating profit of 357 million dollars, swinging into the green for the first time since the first quarter of 2005.

Ford is the only Detroit Big Three automaker that refused to take government aid to cope with a US auto sales dive amid the worst recession in decades and, unlike rivals General Motors (GM.UL) and Chrysler, did not go bankrupt this year.

"Strong new products, structural cost reductions and improved results at Ford Credit lifted the company's results despite continued weak global economic conditions," the company said in a statement.

"Ford now expects to be solidly profitable in 2011, excluding special items, with positive operating-related cash flow."Ford (F) has just announced a surprise quarterly profit, and it says it will be solidly profitable in 2011. Shares are up 5%.

Here's the full announcement:

------------

Reported net income of $997 million, or 29 cents per share, an improvement of $1.2 billion from the third quarter of 2008. Pre-tax operating profit totaled $1.1 billion, an improvement of $3.9 billion from a year ago. It is Ford's first pre-tax operating profit since the first quarter of 2008
Ford North America posted a pre-tax operating profit of $357 million, its first profitable quarter since the first quarter of 2005
Reduced Automotive structural costs by $1 billion, bringing the total reduction to $4.6 billion through the first nine months of 2009, and exceeding the full-year target of $4 billion
A strong product lineup drove market share gains in North America, South America and Europe as well as continued improvements in transaction prices and margins
Ended the quarter with $23.8 billion of Automotive gross cash, up $2.8 billion from the end of second quarter 2009(++)
Achieved positive Automotive operating-related cash flow of $1.3 billion for the third quarter, a $2.3 billion improvement over the second quarter
Ford Credit reported a pre-tax operating profit of $677 million, a $516 million improvement from a year ago
Ford now expects to be solidly profitable ( )in 2011, excluding special items, with positive operating-related cash flow
Financial Results Summary Third Quarter First Nine Months ------------- ----------------- 2009 O/(U) 2009 O/(U) 2008 2008 ---- ----- ---- ---- Wholesales (000)(+) 1,232 57 3,377 (891) Revenue (Bils.) (+) $30.9 $(0.8) $82.9 $(26.2) Operating Results (+) -------------------------- Automotive Results (Mils.) $446 $3,385 $(2,493) $523 Financial Services (Mils.) 661 502 1,194 1,305 --- --- ----- ----- Pre-Tax Results (Mils.) $1,107 $3,887 $(1,299) $1,828 After-Tax Results (Mils.)(+++) $873 $3,882 $(1,557) $2,381 Earnings Per Share (+++) $0.26 $1.58 $(0.54) $1.22 Special Items Pre-Tax (Mils.) $108 $(2,099) $3,265 $9,484 ----------------------------- Net Income/(Loss) Attributable to Ford -------------------------------------- After-Tax Results (Mils.) $997 $1,158 $1,831 $10,619 Earnings Per Share $0.29 $0.36 $0.61 $4.55 Automotive Gross Cash (Bils.) (++) $23.8 $4.9 $23.8 $4.9 ---------------------------------- ----- ---- ----- ---- See end notes following conference call details.Ford Motor Company [NYSE: F] today reported net income of $997 million, or 29 cents per share, in the third quarter as strong new products, structural cost reductions and improved results at Ford Credit lifted the company's results despite continued weak global economic conditions. This is a $1.2 billion improvement compared with the same period last year.

Excluding special items, Ford posted pre-tax operating profits totaling $1.1 billion, an improvement of $3.9 billion from a year ago. This marks the company's first operating profit since the first quarter of 2008. On an after-tax basis, excluding special items, Ford posted an operating profit of $873 million in the third quarter, or 26 cents per share, compared with a loss of $3 billion, or $1.32 per share, a year ago.( )

Ford's North American operations posted a pre-tax operating profit of $357 million, its first quarterly profit since the first quarter of 2005. Ford South America, Ford Europe and Ford Asia Pacific Africa also posted pre-tax operating profits in the third quarter.

"Our third quarter results clearly show that Ford is making tremendous progress despite the prolonged slump in the global economy," said Ford President and CEO Alan Mulally. "Our solid product lineup is leading the way in all markets. While we still face a challenging road ahead, our One Ford transformation plan is working and our underlying business continues to grow stronger."

Ford's third quarter revenue was $30.9 billion, down $800 million from the same period a year ago. Automotive revenue is up $100 million from a year ago. This improvement was offset by a decrease in Ford Credit's revenue reflecting a decline in receivables.

Ford reduced its Automotive structural costs by $1 billion in the quarter, largely driven by lower manufacturing and engineering costs, which included benefits from improved productivity, personnel reduction actions primarily in North America and Europe, and progress on implementing its common global platforms and product development processes. Through the first nine months, Ford has achieved $4.6 billion in Automotive structural cost reductions, exceeding its full-year 2009 target of $4 billion.

Ford finished the third quarter with $23.8 billion in Automotive gross cash, compared with $21 billion at the end of the second quarter of 2009. Automotive operating-related cash flow was $1.3 billion positive during the third quarter of 2009, an improvement of $2.3 billion from the second quarter 2009. Automotive operating-related cash flow was $3.4 billion negative during the first nine months.

"The Ford team delivered another solid quarter of results with strong contributions from all our business regions," said Lewis Booth, Ford executive vice president and chief financial officer. "Positive cash flow, a stronger balance sheet and a third quarter operating profit are evidence that Ford is meeting the global economic challenges."

The following discussion of third quarter highlights and results are on a pre-tax basis and exclude special items. See tables following "Safe Harbor/Risk Factors" for the nature and amount of these special items and any necessary reconciliation to U.S. GAAP. Discussion of Automotive overall operating cost changes is at constant volume, mix, and exchange, and excludes special items; discussion of Automotive structural cost changes is at constant exchange and excludes special items.

THIRD QUARTER HIGHLIGHTS

Ford again increased year-over-year market share in North America, South America, and Europe and continued to achieve improvements in transaction prices and margins. Ford maintained market share in the Asia Pacific Africa region and Volvo gained market share. Other sales highlights:
In the U.S., third quarter market share increased 2.2 percentage points compared to last year as the Ford, Lincoln and Mercury brands all posted sales gains
Ford Europe's market share was 9.2 percent for the quarter, up 0.6 points from last year and the highest third-quarter level in 10 years. Market share was 10.1 percent in September, the highest monthly share in eight years
Record growth in China continued as Ford third quarter sales jumped 63 percent
At the end of the third quarter, worldwide sales of the new Ford Fiesta reached 470,000 units since its launch last fall. The No. 2 best-selling car in Europe posted its highest September sales since 1994. In September, Fiesta also had its best sales month ever in China. Fiesta arrives in the U.S. market in 2010
Began selling the new Ford Taurus and Transit Connect in North America. Taurus sales in September were up 60 percent from a year ago
The Ford Focus and Ford Escape were among the top new vehicles purchased in the U.S. government's "Cash for Clunkers" program
Ford's U.S. hybrid sales have risen 73 percent this year compared to a 14 percent decline in U.S. hybrid industry sales. More than 60 percent of Ford Fusion hybrid sales have come from non-Ford owners
Began production of the Ford Transit Connect small commercial van at the new manufacturing plant in Craiova, Romania
Announced investment of $500 million at Ford India's Chennai assembly plant to build the new Ford Figo, a small car targeted at the heart of the Indian market, debuting in 2010
Announced a new $490 million assembly plant in Chongqing, China, which will be completed by 2012, and will produce the Ford Focus for the Chinese market
Ford, Lincoln and Mercury brand vehicles in the U.S. had the fewest number of "things gone wrong" among all automakers, according to the third quarter GQRS study of new vehicle quality
Received $886 million in loans from the U.S. Department of Energy for development of more fuel-efficient vehicles. Ford has been approved for up to $5.9 billion in loans in support of projected expenditures through mid-2012
Raised $565 million in new equity as Ford completed its previously-announced plan to issue up to $1 billion of equity
Ford Credit completed $10 billion in funding in the third quarter, including $2.8 billion unsecured, and now has essentially completed its full-year funding plan
The Ford Taurus and Lincoln MKT both earned a "Top Safety Pick" from the Insurance Institute for Highway Safety. Ford Motor Company continues to have more IIHS "Top Safety Pick" ratings than any other automaker
Unveiled the all-new Ford C-MAX at the Frankfurt Motor Show. The C-MAX and the Grand C-MAX will debut in Europe in 2010, and the Grand C-MAX debuts in the U.S. in 2011. The new global C-car platform will underpin up to 10 models and more than 2 million units annually by 2012
Announced that Ford's 1.6-liter and 2.0-liter four-cylinder EcoBoost engines will make their debut in 2010 across Europe, North America, and Australia
Unveiled the new Ford Figo to compete in India's small car segment beginning in 2010
Launched the new Ford Fiesta in Taiwan and continued the successful rollout of the Ford Focus and Ford Everest SUV in additional Asian markets
Revealed the new 2011 Ford F-Series Super Duty and two new powertrains developed by Ford - a 6.7-liter V8 diesel engine and a 6.2-liter V8 gasoline engine
Began selling the 2010 Ford F-150 SVT Raptor, an off-road performance truck, which captured the "2009 Pickup Truck of Texas" award from the Texas Auto Writers. The Ford F-150 won the overall "Truck of Texas" award, the seventh straight year a Ford truck has earned the honor
AUTOMOTIVE SECTOR Automotive Sector* Third Quarter First Nine Months ------------- ----------------- 2009 O/(U) 2008 2009 O/(U) 2008 ---- ---------- ---- ---------- Wholesales (000) 1,232 57 3,377 (891) Revenue (Bils.) $27.9 $0.1 $73.3 $(23.6) Pre-Tax Results (Mils.) $446 $3,385 $(2,493) $523 *excludes special items -----------------------For the third quarter of 2009, Ford's Automotive sector reported a pre-tax operating profit of $446 million, compared with a pre-tax loss of $2.9 billion a year ago. The improvement primarily reflects favorable net pricing, structural cost reductions, lower material costs and improved market share, offset partially by unfavorable exchange and lower industry volumes.

Worldwide Automotive revenue in the third quarter was $27.9 billion, up $100 million from a year ago. The increase is more than explained by favorable net pricing and higher volumes, primarily in North America, offset partially by unfavorable exchange. Total vehicle wholesales in the third quarter were 1,232,000, compared with 1,175,000 units a year ago.

Automotive structural cost reductions in the third quarter totaled $1 billion, including $500 million in North America. Manufacturing and engineering costs were $500 million lower, largely reflecting the continued benefits of improved productivity, personnel reduction actions primarily in North America and Europe, and progress on the implementation of Ford's common global platforms and product development processes. Pension and retiree health care costs were lower, reflecting the effect of the UAW Retiree Health Care VEBA agreement. Overall, Ford reduced Automotive structural costs by $4.6 billion during the first nine months.

Net pricing was $1.9 billion favorable, primarily explained by higher U.S. net pricing, reflecting the success of new products, a continued disciplined approach on incentives and selective top-line pricing.

North America: For the third quarter, Ford North America reported a pre-tax operating profit of $357 million, compared with a loss of $2.6 billion a year ago. The improvement was primarily explained by favorable net pricing, lower material costs, structural cost reductions, favorable series mix and improved market share, offset partially by unfavorable exchange and lower U.S. industry volume. Third quarter revenue was $13.7 billion, up from $10.8 billion a year ago.

South America: For the third quarter, Ford South America reported a pre-tax operating profit of $247 million, compared with a profit of $480 million a year ago. The decrease is more than explained by unfavorable exchange, primarily in Brazil and Argentina. Third quarter revenue was $2.1 billion, down from $2.7 billion a year ago.

Europe: For the third quarter, Ford Europe reported a pre-tax operating profit of $193 million, compared with a profit of $69 million a year ago. The improvement was more than explained by structural cost reductions, lower material costs and favorable net pricing, offset partially by unfavorable volume and mix and exchange. Third quarter revenue was $7.6 billion, down from $9.7 billion a year ago.

Asia Pacific Africa: For the third quarter, Ford Asia Pacific Africa reported a pre-tax operating profit of $27 million, compared with a profit of $4 million a year ago. The increase primarily reflects favorable net pricing, China joint venture profits, and cost reductions, offset partially by unfavorable exchange. Third quarter revenue was $1.5 billion, down from $1.7 billion a year ago.

Volvo: Volvo continues to be reported as an ongoing operation. The effects of "held-for-sale" accounting-related adjustments are reported as special items. For the third quarter, Volvo reported a pre-tax operating loss of $135 million, compared with a loss of $458 million a year ago. The improvement is more than explained by continued progress on cost reductions, favorable exchange, and higher volume and mix. Third quarter revenue was $3 billion, up from $2.9 billion a year ago. Also, as announced last week, Ford confirmed Geely as the preferred bidder in the ongoing discussions concerning the possible sale of Volvo Cars.

Other Automotive: Other Automotive, which consists primarily of interest and financing-related costs, was a third quarter pre-tax loss of $243 million.

FINANCIAL SERVICES SECTOR Financial Services Sector* Third Quarter First Nine Months ------------- ----------------- (in millions) 2009 O/(U) 2008 2009 O/(U) 2008 ------------ ---- ---------- ---- ---------- Ford Credit Pre-Tax Results $677 $516 $1,287 $1,388 Other Financial Services (16) (14) (93) (83) ---- ---- ---- ---- Financial Services Pre-Tax Results $661 $502 $1,194 $1,305 ==== ==== ====== ====== *excludes special items -----------------------For the third quarter, the Financial Services sector reported a pre-tax operating profit of $661 million, compared with a profit of $159 million a year ago.

Ford Motor Credit Company: For the third quarter, Ford Credit reported a pre-tax operating profit of $677 million, compared with a pre-tax profit of $161 million a year ago. The increase primarily reflected lower residual losses due to higher auction values, and lower provisions for credit losses, offset partially by lower volume.

Other Financial Services: For the third quarter, Other Financial Services reported a pre-tax operating loss of $16 million in the third quarter, compared with a loss of $2 million a year ago.

OUTLOOK

Despite the severe global downturn, Ford said it continues to make progress on all four pillars of its plan:

Aggressively restructure to operate profitably at the current demand and changing model mix
Accelerate the development of new products that customers want and value
Finance the plan and improve the balance sheet
Work together effectively as one team, leveraging Ford's global assets
Ford said it remains on track to achieve or exceed all of its 2009 financial targets and almost all of its operational metrics. Ford will also continue to pursue actions to improve its balance sheet.

Ford expects full-year 2009 U.S. industry sales will be about 10.6 million units, consistent with the guidance previously communicated by the company. In Europe, Ford now expects that full-year industry sales will be about 15.7 million units, which is higher than its previous guidance.

Ford expects fourth quarter 2009 production to be up compared with year-ago levels and third quarter 2009 production. This increase is to return to planned dealer stock levels and match production with market demand for Ford products.

Ford now expects full-year Automotive structural cost reductions of about $5 billion, exceeding its full-year 2009 target. These costs were reduced by $4.6 billion through the first nine months. Going forward, Ford expects structural costs to be relatively stable as the company has largely completed its significant restructuring actions over the past four years.

The company said it expects full-year U.S. and Europe market share to remain at about the same levels achieved during the first nine months.

Ford expects Automotive operating-related cash flow to be positive in the fourth quarter, based on the company's present planning assumptions.

Ford now expects capital spending of about $5 billion, or slightly less. Capital expenditures through the first nine months were $3.4 billion; higher projected fourth quarter spending reflects the timing of Ford's product launches as the company maintains its product plans.

Ford Credit expects to be profitable in the fourth quarter and for the full-year 2009. Next year, Ford Credit expects reduced profits based on lower average receivables and the non-recurrence of favorable 2009 factors.

Based on its recent performance and present planning assumptions, Ford is changing its full-year 2011 guidance for total company and North American Automotive operations from being "breakeven or better" to "solidly profitable" on a pre-tax basis excluding special items, with positive Automotive operating-related cash flow.

While the company has confidence that the global economy will be improving by 2011, the near-term growth outlook remains rather uncertain. Looking at 2010, there is a high likelihood of a substantial decrease in European industry volume as scrappage programs expire. This decrease could more than offset U.S. sales volumes, which may improve somewhat from this past quarter's levels.

Ford expects to know more about the state of the global economic recovery and its impact on 2010 auto industry volumes in the coming months. Early next year, Ford will provide guidance on its 2010 planning assumptions and operational metrics when the company releases its full-year 2009 results.

"The third quarter is one the entire Ford extended team can be proud of because it proves that our product-led transformation is working," Mulally said. "Leading indicators are now showing signs of recovery in all of our major markets, however, consumer confidence and labor market conditions remain a concern.

"Despite the continued economic headwinds, we remain confident that we have the right plan and are taking the right actions to transfer Ford into a lean company that delivers profitability growth for all our stakeholders," Mulally added.

Ford's 2009 planning assumptions regarding the industry and operating metrics include the following:

Planning Assumptions Full Year Plan Full Year Memo: First Outlook Nine Months -------------------- -------------- ------------- ----------- Industry Volume (SAAR)**: -U.S. (million units) 10.5 - 12.5 About 10.6 10.5 -Europe (million units)*** 12.5 - 13.5 About 15.7 15.7 Operational Metrics Compared with 2008: Quality: -- U.S. Improve On track Improved -- International Improve Mixed Mixed --Automotive Structural Improve by about $4 Improve by about Improved by Costs**** Billion $5 Billion $4.6 Billion -- U.S. Total Market Share (Ford and LM) Stabilize Improve 15.0% Share of Retail Market Stabilize Improve 12.9% -- Europe Market Share *** Equal / Improve Improve 9.2% --Auto. Negative but On track $(3.4) Operating-Related Significant Billion Cash Flow***** Improvement Absolute Amount: --Capital Spending $5 Billion to $5.5 About $3.4 Billion $5 Billion Billion FORD IS ON TRACK TO BE SOLIDLY PROFITABLE IN 2011 WITH POSITIVE OPERATING-RELATED CASH FLOW* * Pre-tax profits excluding special items ** Includes medium and heavy trucks *** European 19 markets Ford tracks **** Cost changes are measured at constant exchange, and exclude special items and discontinued operations. In addition, costs that vary directly with volume, such as material, freight and warranty costs are measured at constant volume and mix ***** See tables at end for reconciliation to GAAP ---------------------------Ford's production volumes are shown below:

Production Volumes Actual Forecast ------------------ ------ -------- Third Quarter 2009 Fourth Quarter 2009 ------------------ ------------------- O/(U) O/(U) Units 2008 Units 2008 ----- ---- ----- ---- (000) (000) (000) (000) Ford North America 490 72 570 141 Ford Europe 385 (9) 456 91 Volvo 77 5 95 27 ----- --

Tuesday, October 27, 2009

Under Armour ( UA ) , Beats 3rd Quarter earnings


expects 2009 earnings of $0.85 to $0.87 per share on revenue of $830.0 million to $835.0 million. The company's previous guidance was earnings of $0.80 to $0.82 per share on revenue of approximately $810.0 million and the current consensus earnings estimate is $0.83 per share on revenue of $812.7 million for the year ending December 31, 2009.

For full details on Under Armour Inc (UA) click here. Under Armour Inc (UA)reported third-quarter net income of $26.2 million compared to $25.7 million last year. Earnings per share was $0.52 compared to $0.51 prior year.

On average, 22 analysts polled by Thomson Reuters expected the company to report profit of $0.44 per share for the quarter. Analysts' estimates typically exclude special items.

Net revenues increased 16.2% to $269.5 million from $231.9 million last year. Analysts expected revenue of $249.04 million for the quarter.

For 2009, the company had previously estimated annual net revenues of approximately $810 million and earnings per share in the range of $0.80-$0.82. Based on its performance year-to-date, the company increased its outlook for 2009. The company now anticipates full year net revenues in the range of $830 million-$835 million. Earnings per share is anticipated to be in the range of $0.85-$0.87.
Under Armour beats by $0.08, beats on revs; raises FY09 EPS and rev guidance Reports Q3 (Sep) earnings of $0.52 per share, $0.08 better than the First Call consensus of $0.44; revenues rose 16.2% year/year to $269.5 mln vs the $249.9 mln consensus. Co raises guidance for FY09, sees EPS of $0.85-0.87 vs. $0.83 consensus, up from previous guidance of $0.80-0.82; sees FY09 revs of $830-835 mln vs. $815.39 mln consensus, up from previous guidance of ~$810 mln. Gross margin for the third quarter of 2009 was 49.7% compared with 51.0% in the prior year's quarter. Based on higher personnel costs, including increased funding of the Company's performance incentive plan, selling, general, and administrative expenses for 2009 are now expected to grow in the mid-teens on a percentage basis year-over-year, above the Company's previous outlook for growth in the low-teens. Q3's rev increase was driven by growth in the Men's, Women's, and Youth apparel businesses. Footwear net revenues in the third quarter of 2009 increased to $33.0 million from $13.1 million in the third quarter of 2008. Direct-to-consumer net revenues, which represented 15% of total net revenues for the quarter, grew 62% year-over-year during the third quarter

Monday, October 26, 2009

UA - Under Armour to report smashing earnings on tuesday ??


Shares of Under Armour rose on Monday, ahead of their third-quarter earnings report, after an analyst said the athletic apparel and footwear company's sales are strong.

Shares rose $1.28, or 4.1 percent, to $32.79. The stock has traded between $11.94 and $33.29 over the past year.

Susquehanna analyst Christopher Svezia wrote in a note to investors that sales of the company's ColdGear products in particular, including fleece, outerwear and base layers, have been strong. He added that footwear has been weaker, however.

"We expect to see solid 2010 apparel growth while the company regroups its lower-margin footwear business," Svezia wrote.

He upgraded the company to "Neutral" from "Negative."

Under Armour, based in Baltimore, is scheduled to report third-quarter results on Tuesday.This morning, Susquehanna Capital upgraded shares of Under Armour (UA) to Neutral as the company is set to report earnings tomorrow. Channel checks have shown the company's apparel lines have performed well during the quarter and Susquehanna believes EPS for the third quarter will narrowly beat Wall Street estimates of forty four cents.

UA has been one of my long term picks that we have talked about alot the past few years here @ Mad Money Fund . This is a screaming buy, when the stock price was around 23.00 a share , now it is at 33.00 a share. i still say buy and hold for the long term you will 3x your money . buy before the earnings report on tuesday Oct.27 2009 . Buy,Buy,Buy !....



Monday, October 19, 2009

Apple ( AAPL ) Takes a big bite out of apple earnings. -Strong iPhone, Mac sales send Apple's earnings up 46%! !


(AAPL 201.78, +11.92, +6.28%) on Monday reported a fiscal fourth-quarter profit of $1.67 billion, or $1.82 a share, on revenue of $9.87 billion. During the same period a year ago, Apple earned $1.14 billion, or $1.26 a share on $7.9 billion in sales. Apple's results topped the estimates of analysts surveyed by Thomson Reuters, who had forecast the company to earn $1.42 a share on revenue of $9.2 billion. Among the highlights of the quarter were sales of 7.4 million iPhones in the quarter ended Sept. 26. For its fiscal first-quarter, Apple estimates it will earn between $1.70 and $1.78 a share on revenue in a range of $11.3 billion to $11.6 billion.Apple Inc. on Monday reported a 46% increase in its fiscal fourth-quarter earnings as the company posted higher revenue than a year ago led by better-than-expected sales of iPhones, Mac computers and iPods.

(AAPL 203.22, +13.36, +7.04%) said it earned $1.67 billion, or $1.82 a share, on revenue of $9.87 billion. During the same period a year ago, Apple earned $1.14 billion, or $1.26 a share on $7.9 billion in sales. Apple's results topped the estimates of analysts surveyed by Thomson Reuters, who had forecast the company to earn $1.42 a share on revenue of $9.2 billion.

Among the highlights of the report were sales of 7.4 million iPhones in the quarter ended Sept. 26. Apple also said it sold more than 3 million Macs and 10.2 million iPods during the quarter.

For its fiscal first-quarter, Apple estimates it will earn between $1.70 and $1.78 a share on revenue in a range of $11.3 billion to $11.6 billion. Analysts had forecast Apple to earn $1.91 a share on $11.45 billion in sales.Shares of Apple Inc (AAPL.O) rose above $200 for the first time since January 2008 after the closing bell on Monday as the company reported results.

The shares were up 6.5 percent at $202.29 after closing on the Nasdaq at $189.86.

Monday, October 12, 2009

Will gold hit 2,000 , Jim Rogers say "s ??


Jim Rogers "Quite Sure" Gold Will Hit $2000, Dollar Will Lose Reserve Status
by A Task
Related: GLD, GDX, TIP, TBT, SLV, ^DJI, ^GSPC
Famed investor Jim Rogers is "quite sure gold will go over $2000 per ounce during this bull market."
Rogers' confidence gold will continue to rally stems from a view the U.S. dollar is on its way to losing status as the world's reserve currency.

"Is it going to happen? Yes," Rogers says. "I don't like saying it [and] I'm extremely worried about it but we have to deal with the facts. America is not getting better [and] the dollar is going to be replaced just like pound sterling [was]."

Rogers didn't offer a timetable, and it's likely gold would exceed $2000 per ounce if the dollar were to lose its reserve status.

Still, "I wouldn't buy gold today," Rogers says. "I think I'll make more money in other commodities, which are cheaper," as discussed in more detail here.

Among many others, Rogers is "worried about the fact the U.S. government is printing huge amounts, spending gigantic amounts of money it doesn't have," the investor and author says. "People are very worried [and] skeptical about paper money [and] looking for places to protect themselves. The best way is to buy real assets. [That] has always protected one during currency turmoil, and it will again."


thoughts?
Governments all over the world, not just in America, are debasing their currencies, rendering gold the currency of choice. As for basic commodities, demand is weak and supplies large due to the global depression. People who say gold is not useful simply do not understand the utility of money. Gold has been money for 5000 years, which makes it very useful indeed when paper alternatives are being rendered worthless by financial corruption and mismanagement
Investing in any other commodity will only give you returns in fiat money. Gold and Silver is currency! If our dollar goes to hell, then try to buy a loaf of bread with a lump of copper or aluminum. They will gladly accept my gold and silver.It's time to destroy the money printing monopoly aka THE FED. Burn the elite at the stake like the catholics and protestants used to do in imperial Europe. Maybe a giant sinkhole will swallow up the GOLDJEW building in Manhatten. Woudn't that be a pretty sight. Revolution by the majority. Tryanny by the minority. If my money become useless??

Monday, October 5, 2009

October Hot Penny Stock BEHL ( BIOCENTRIC ENerGY HoLDinGS INC


Biocentric Energy Holdings (PINK:BEHL) will be up and has just added another 2% to its price.
As with all pennystocks, remember that any increase in trading volume can dramatically influence the share price. These stocks are speculations in the best sense of the word. They require good nerves and discipline:

Make sure you never invest more than you can safely afford to lose. And unless your own research convinces you that a particular stock is a good long-term investment, look at it as an opportunity to take profits as they arise
BioCentric Energy Holdings, Inc. describes itself as “dedicated to the development of new technologies as well as acquiring and fostering companies with innovative technologies designed to provide unique and effective green energy and alternative fuel solutions for the 21st century.”

I was glad they left out the term “synergy” in that description. But the next sentence punished my premature glee: “Along with the cultivation of important relationships and partnerships with synergistic entities, BioCentric Energy has devoted substantial time and effort in research and development in order to bring a range of innovative green fuel and nutritional alternatives to the marketplace.”
BioCentric Energy Incorporated provides renewable alternatives. It offers biodiesel, ethanol, Pyrolysis processed bio oil, biogas, char, oxygenated diesel, and electricity. The company represents biodiesel producers in the United States. BioCentric Energy Incorporated is based in Huntington Beach, California.EmergingGreenCompanies.com today announced the completion of its first 30 second Ad showcasing BioCentric Energy Holdings, Inc. (Pinksheets:BEHL - News)

Representatives of EmergingGreenCompanies.com today announced: “We were amazed to see how green the Closed Loop Photobioreactor was during filming after just a few days of it being in operation. You can see in the ad itself how advanced green the algae was evolving. We at Emerginggreencomapnies.com look forward to making future announcements on behalf of our site.”

The ad can be viewed by clicking on the following link: http://emerginggreencompanies.com/home/?page_id=124

EmergingGreenCompanies.com is currently in the process of securing ad times in selected areas nationwide on CNBC, Planet Green, and other major “Green” focused networks.

About BioCentric Energy Holdings, Inc.

BioCentric Energy Holdings, Inc. is dedicated to the development of new technologies as well as acquiring and fostering companies with innovative technologies designed to provide unique and effective green energy and alternative fuel solutions for the 21st century. Along with the cultivation of important relationships and partnerships with synergistic entities, BioCentric Energy has devoted substantial time and effort in research and development in order to bring a range of innovative green fuel and nutritional alternatives to the marketplace. www.biocentricenergy.com & www.biocentricenergyalgae.com

About EmergingGreenCompanies.com (www.emerginggreencompanies.com)

EmergingGreenCompanies.com is a website that puts its main focus on showcasing companies that are “Going Green,” and that are future leaders in the “Green Movement.” Please see the website for additional information and full disclaimer. www.emerginggreencompanies.com/disclaimer.html

Safe Harbor Statement: This release includes forward-looking statements intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. These forward-looking statements generally can be identified by phrases such as BEHL or its management “believes,” “expects,” “anticipates,” “foresees,” “forecasts,” “estimates” or other words or phrases of similar import. Similarly, statements herein that describe the Company’s business strategy, outlook, objectives, plans, intentions or goals also are forward-looking statements. All such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those in forward-looking statements.

Algae Project Analysis and Facilitation
Our Team has the knowledge and expertise to analyze each project to provide…

Planning

•Provide the initial concept for Algae growth
•Provide access to a test unit
•Provide The biological resume for the project
•Provide the accurate data for modeling and Business plan
•Write the Business plan with collaboration of raw data from location
•Provide the algae strain
•Provide the Growth data for the algae strain
•Provide the design for bio-reactor
•Provide engineering for the initial build
•Assist in selling the project with information to close the deal.
•Provide scientific study of the smokestack
•Identify compatible algae strain to emissions

Deployment

•Provide algae biologist to start initial culture of algae
•Provide management to install the bioreactor system
•Order and mange the delivery of the bio-reactor
•Work with Client and assist in the coordination of the build out
•Continue Operation
•Set up a connection to have a link to the scientist
•Setup a VPN to interface with solution
•Provide IP protection of all biological components
•Provide onsite management of production and operation
•Document a plan for operation
•Provide the Seller mandate service and get the highest market pricing for the product
•Genetic mutant development for new strain of Algae
•Provide management oversight for industrial best practice in Algae development.

Peru Project
Organizing and Facilitating Farmer Co-op in Peru to place BCEI as Mandate to facilitate the planting, harvesting, and eventual sale, and delivery of Organic biodiesel feedstock – market – Brazil.
The advantage of growing crops in these areas is considerable. The country’s climate enables the farmers to have multiple crops and growing seasons, and based on the location of Pucallpa to the Amazon River, makes for easy access to irrigation and transportation down the Amazon River to Brazil. The land will be lease/purchased from the Peruvian Government for the local farmers. We look to the support of the Peruvian Government in the efforts, based on economic growth in the community and free trade agreements signed.