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Sohu.com (SOHU)

While Sohu.com's (SOHU) third-quarter earnings beat the Zacks Consensus estimate and were in line with the company s own guidance, the outlook for the fourth quarter was far below expectation. The company's operating expenses have been steadily goi...
Zacks Sun, 22 Nov 2009 01:18:01 GMT

Medicines Co. (MDCO)

The Medicines Company's (MDCO) third-quarter loss per share of 6 cents missed the Zacks Consensus Estimate of a loss of 5 cents. Although Angiomax continues to contribute significantly to revenues, we are concerned about the product losing exclusivity ...
Zacks Sun, 22 Nov 2009 01:18:02 GMT

Sears Holdings (SHLD)

Sears Holdings' (SHLD) vulnerability to continued economic downturn is adversely affecting its top-line growth. The company recorded an 8.6% decline in same-store sales and closed 28 non-performing stores during fiscal 2009 second quarter amid a slump ...
Zacks Sun, 22 Nov 2009 01:18:03 GMT

Principal Financial Group (PFG)

We are upgrading our recommendation on the shares of Principal Financial (PFG) to Outperform. The company's third quarter operating earnings were much ahead of the Zacks Consensus Estimate, driven primarily by the sequential improvement in domestic as ...
Zacks Sun, 22 Nov 2009 01:18:01 GMT

CPFL Energia (CPL)

We are maintaining our Outperform rating on CPFL Energia (CPL). The company posted in-line results for the third quarter of 2009, despite non-recurring items. The company's outlook for the medium-term remains positive, mainly considering the more rela...
Zacks Sun, 22 Nov 2009 01:18:02 GMT

NeurogesX (NGSX)

NeurogesX (NGSX) received some very good news this week when the U.S. FDA approved Qutenza for the management of postherpetic neuralgia (PHN). Management will now move forward with preparing for the commercial launch during the first half of 2010. Securin...
Zacks Sun, 22 Nov 2009 01:18:03 GMT

Heritage to sell Ugandan fields to Eni

Heritage, the UK-listed oil company, has agreed to sell its Ugandan oil fields to Eni, the Italian energy group, in a deal worth about $1.3bn
FT Sat, 21 Nov 2009 22:52:15 +0000

Hershey trust pushes $17-bn offer for Cadbury

Hershey Cos controlling trust wants the candy company to make a $17 billion bid for British confectioner Cadbury Plc, the Wall Street Journal reported, citing unidentified people familiar with the matter.
Business Standard Sat, 21 Nov 2009 19:30:00 GMT

Kurbaan could be Karan Johar's first flop

In the film industry, any film that does below 70% on opening day is considered a dud.
Business Standard Sat, 21 Nov 2009 19:29:21 GMT

IOC fire burns Rs 100-cr hole in GIC's pocket

General Insurance Corporation (GIC), Indias national re-insurer, is expected to take a Rs 100-crore hit in claims for the fire that broke out at the Indian Oil Corporation (IOC) complex near Jaipur last month.
Business Standard Sat, 21 Nov 2009 19:27:10 GMT

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