For 2009, Hertz sees adjusted earnings of 12 cents to 15 cents a share, while analysts were looking for a loss of 21 cents a share, before items.
Shares of the company closed at $7.01 Wednesday on the New York Stock Exchange.
Popularity: 50% [?]
Jim Cramer said recently at the right price, even an unattractive stock can be a buy. Examples he gave were Bank of America and Sprint, which were both priced for bankruptcy. Cramer pointed out that those who bought these stocks precisely because they were so low have made a big profit. Cramer also told viewers to be on the lookout for secondary offerings, many of which are at a 10% discount to the actual stock price. Cramer is glad he changed his mind about Advanced MicroDevices, not because of improving fundamentals, but because of its falling stock price.
Popularity: 14% [?]
The Food and Drug Administration said Wednesday that it has approved a prescription-only generic version of the contraceptive Plan B, for women aged 17 and under. Plan B, which is marketed by a subsidiary of Teva Pharmaceutical Industries , is already approved for presciption use by females of all ages, and for over-the-counter use by women aged 18 and older. TEVA
Popularity: 36% [?]
Preliminary results from the four-year study of 1,820 people were announced Tuesday by Boston Scientific Corp., which makes the $30,000 devices known as cardiac resynchronization therapy defibrillators, or CRT-Ds, and sponsored the $38 million study. The results could lead to broadened Food and Drug Administration approval for the devices and could expand the $6.2 billion market for implanted defibrillators, which have fallen well below the optimistic projections that fueled Boston Scientific’s $28.4 billion purchase of Guidant Corp. Stock Picks report Boston Scientific.
Popularity: 26% [?]
Shares of ConocoPhillips edged higher Tuesday after Bernstein Research analysts upgraded the stock from “Marketperform” to “Outperform,” noting the oil company’s heavy investment in growing its petroleum reserves through exploration. Stock Picks report Conoco Phillips.
Popularity: unranked [?]
Shares of Terex Corp. jumped Tuesday as an analyst upgraded the heavy equipment manufacturer, saying the stock has reached a reasonable value after pulling back since late May. Analyst Henry Kirn of UBS Investment Research upgraded the Westport, Conn., company to “Neutral” from “Sell.” Stock Picks report Terex.
Popularity: unranked [?]
Cramer and many people find them selves using Bing.com. Cramer likes Microsfot for this reason. Stock Picks report Microsoft.
Popularity: 14% [?]
Jim Cramer recently said that McDonald’s is very aggressive and I like that stock. Keep an eye on Mc Donalds. Stock Picks report Mc Donalds.
Popularity: 4% [?]
Shares of Starbucks Corp rose in premarket trading on Tuesday, after Robert W. Baird upgraded the coffee chain to outperform. Stock Picks report Strabucks
Popularity: unranked [?]
J.P. Morgan analyst Sterling Auty this morning raised his rating on VeriSign (VRSN) to Overweight from Neutral, setting a price target of $23. Stock Picks report VeriSign.
Popularity: 2% [?]
