: iStockAnalyst.com Symbols Feed

More Cash, Less Debt = Stock Market Gains?

Thu, 23 Apr 2009 13:41:32 GMT

Today there were a couple of posts about how tech stocks are currently especially attractive because they hold plenty of cash and tend to have little debt. Paul Kedrosky initially caught my eye with his post "Tech Cash is King" which in turn pointed me to a story on Bloomberg by Eric Martin. I ran a screen tonight that looked at both cash and debt. Specifically, I screened for a Price-to-Cash ratio under three, a Debt-to-Equity ratio under three and a Market Cap greater than $2.5 million. Based on these criteria, I obtained a list of 136 stocks. Judging from our list, it is absolutely true that many tech stocks do seem to have lots of cash and little debt. What also became apparent as I went through the list is that there[More...]

The Case For Deflation

Wed, 12 Nov 2008 16:12:00 GMT

Despite concerns that an increase in money supply will lead to hyper-inflation, evidence is mounting that the deflationary trend will persist, and become a primary economic policy concern. First, Mish Shedlock looks at the bond market in his post, Industrial Bond Yields Strongly Support Deflation Thesis: As you can see, only AAA rated bonds are performing well. This is strong evidence that we are not in a period of "disinflation" as some claim. In a disinflationary environment, one would expect risk premiums to drop not rise. Action here is consistent with rising default risk, which is what one should expect in deflation. Those harping about prices of consumer goods, food, services, etc., are missing the boat about what deflation is and what one should expect in deflation. Trillions[More...]

Four Things I Think I Think

Mon, 08 Sep 2008 06:35:00 GMT

Since the recent market bottom in the middle of July, the divergence in action between a handful of sectors says there’s optimism from equity traders. Optimism, we’ve learned, is dangerous.The [More...]

Stock Analysis: Metalico Inc, Peabody Energy, Coherent Inc

Wed, 13 Aug 2008 16:21:00 GMT

Metalico recently reported the best quarter in the company's history as soaring metal prices pushed up revenues by 342%. The company has surprised on estimates 3 out of 4 quarters by 30.46%. Metalico has a forward P/E of 9.70. Company Description Metalico, Inc. (MEA) is a scrap metal processor headquartered in New Jersey. Metalico operates in two segments: ferrous and non-ferrous scrap metal recycling, and lead fabrication. Metalico, a Zacks #1 Rank (Strong Buy), closed on its latest acquisition in May 2008 and now operates 20 recycling facilities in New York, Pennsylvania, Ohio, New Jersey, Texas, Mississippi, and West Virginia. It[More...]

Will Electric Power Cause The Next Price Shock?

Mon, 30 Jun 2008 19:16:17 GMT

Recently there was an interesting, albeit somewhat disturbing article at Platts discussing something many of us don't want to admit that we know is coming - higher electricity prices. I know, electricity prices are already high for many of you, along with[More...]

Energy, the Dollar, Central Europe Farms, and Public Storage Auctions

Mon, 12 May 2008 20:03:28 GMT

Today, we'll focus on energy/oil, the dollar, sad affects from the home bust, and what I contend will be the best long term investment - undervalued farm land (and it's not in the USA)[More...]

Still at the Forefront - Feb 10 2008 8:54PM

Mon, 11 Feb 2008 00:48:39 GMT

The bad news is that Nouriel Roubini is an economist and an academic.[More...]

Still at the Forefront - Feb 6 2008 10:12AM

Wed, 06 Feb 2008 14:07:02 GMT

The bad news is that Nouriel Roubini is an economist and an academic.[More...]

NASDAQ Technical Picture - Choppy Consolidatiion Ahead of Jobs Data

Fri, 05 Oct 2007 05:29:46 GMT

Except for the NASDAQ, both the S&P and NYSE formed narrow range inside days. After breaching yesterday’s low in the early going, the NASDAQ was able to recover, closing up 4 pts. or 0.15% on the session.Today’s tr[More...]

StockerYale Sells North American Operations to Coherent

Wed, 14 Oct 2009 13:48:00 GMT

SALEM, N.H., Oct. 14, 2009 (GLOBE NEWSWIRE) -- StockerYale, Inc. (OTCBB:STKR), a leading designer and manufacturer of structured light lasers, LED modules and specialty optical fibers for industrial OEMs, medical and defense markets, today announced that it sold its North American operations for $15 million cash and the assumption of certain operating liabilities of the Montreal and Salem businesses.
The Company sold the assets of its Montreal, Canada laser module business and the specialty optical fiber division in Salem, New Hampshire to Coherent, Inc., one of the world's leading designers and manufacturer of lasers.
Mark W. Blodgett, Chairman & CEO of StockerYale, Inc., stated that "this transaction enables the Company to significantly reduce debt and focus its resources on growing both our LED systems and PPL businesses.

[More...]

Coherent, Inc. Reports Third Fiscal Quarter Results

Tue, 04 Aug 2009 19:56:00 GMT

Coherent, Inc. today announced financial results for its third fiscal quarter ended July 4, 2009, posting net sales of $98.5 million and a net loss, on a U.S. generally accepted accounting principles basis, of $7.0 million . These results compare to net sales of $157.0 million and net income of $8.4 million, or $0.35 per diluted share, for the third quarter of fiscal 2008.[More...]

Coherent, Inc. to Webcast Third Fiscal Quarter 2009 Results

Wed, 22 Jul 2009 16:46:00 GMT

Coherent, Inc. , today announced that it plans to report its third quarter results after market close on August 4, 2009. The Company will host a conference call to discuss its financial results at 1:30 P.M. Pacific on August 4, 2009. A listen-only broadcast of the conference call can be accessed on the Company's website at either http://www.coherent.com/Investors/ or http://www.earnings.com. For those who are not available to listen to the live broadcast, the call will be archived for approximately three months on both web sites.Founded in 1966, Coherent, Inc. is a world leader in providing photonics based solutions to the commercial and scientific research markets and part of the Russell 2000. Please direct any questions to Leen Simonet, Executive Vice President and Chief Financial Officer at 408-764-4161. For more information about Coherent, visit the Company's web site at http://www.coherent.com/.[More...]

Coherent, Inc. Announces New Market Initiatives and Product Introductions at Lasers 2009

Mon, 15 Jun 2009 12:27:00 GMT

Coherent, Inc. today announced key market initiatives and product introductions at the Lasers World of Photonics 2009 trade show being held this week in Munich, Germany. The company described a three-pronged strategy to address the high-power materials processing market, demonstrated the latest additions to its highly successful OPSL product platform and exhibited a development tool targeted at crystalline silicon solar cell manufacturing.[More...]

Coherent, Inc. Announces L. William Krause Joins Coherent's Board of Directors

Mon, 08 Jun 2009 20:25:00 GMT

Coherent, Inc. today announced that L. William Krause has been appointed to Coherent's Board of Directors.[More...]

Coherent, Inc. to Present at UBS Global Technology and Services Conference

Wed, 03 Jun 2009 21:46:00 GMT

Coherent, Inc. , today announced that it is scheduled to present at the UBS Global Technology and Services Conference to be held at the Sheraton New York Hotel & Towers on Tuesday, June 9, 2009, at 3:45 PM ET.[More...]

Coherent, Inc. Reports Second Fiscal Quarter Results

Thu, 07 May 2009 19:56:00 GMT

Coherent, Inc. today announced financial results for its second fiscal quarter ended April 4, 2009, posting net sales of $105.4 million and a net loss, on a U.S. generally accepted accounting principles basis, of $9.1 million . These results compare to net sales of $155.9 million and net income of $6.1 million, or $0.19 per diluted share, for the second quarter of fiscal 2008.[More...]

Coherent, Inc. to Present at Thomas Weisel Partners Technology Conference

Fri, 06 Feb 2009 00:44:00 GMT

Coherent, Inc. , today announced that it is scheduled to present at the Thomas Weisel Partners Technology and Telecom Conference to be held at the Fairmont Hotel in San Francisco on Tuesday, February 10, 2009, at 3:50 P.M. PT.[More...]

Coherent, Inc. Reports First Fiscal Quarter Results

Wed, 04 Feb 2009 19:56:00 GMT

Coherent, Inc. today announced financial results for its first fiscal quarter ended December 27, 2008, posting net sales of $124.4 million and a net loss, on a U.S. generally accepted accounting principles basis, of $14.7 million primarily due to a non-cash goodwill impairment charge of $19.3 million . These results compare to net sales of $144.3 million and net income of $4.7 million, or $0.15 per diluted share, for the first quarter of fiscal 2008.[More...]

Coherent, Inc. to Webcast First Fiscal Quarter 2009 Results

Fri, 23 Jan 2009 18:01:00 GMT

Coherent, Inc. , today announced the Company will release its financial results after the market close and host a live webcast to discuss its first fiscal quarter 2009 results scheduled on Wednesday, February 4, 2009 at 4:30 p.m. ET.[More...]