: iStockAnalyst.com Symbols Feed

Analyst Comments: Walgreen, Paccar, EOG Resources, Acadia, Volcano, Castle Brands

Tue, 17 Jun 2008 14:28:07 GMT

While maintaining a pristine balance sheet, management continues Walgreen Co.'s (WAG) new store expansion strategy. However, pharmacy profits are being pressured due to lower reimbursements on some generic drugs and additional pricing pressure from Wal-Ma[More...]

Analyst Comments: Lithia, Exar, OPNET, Sangamo, Baxter, Castle Brands

Tue, 22 Apr 2008 13:57:31 GMT

Lithia Motors, Inc. (LAD) is a growing retailer in the highly fragmented automotive industry. The company is focused on improving productivity, which should propel earnings growth. Our major concerns are the general health of the overall industry, exposur[More...]

Attractive Valuation on ROX

Fri, 10 Aug 2007 15:30:39 GMT

New York-based Castle Brands (ROX), a small-cap liquor distributor, currently has a Buy recommendation on its shares from Zacks senior consumer goods industry analyst Steven Ralston, CFA. We found out why by checking out his latest company update: "Castle Brands is a small capitalization company in the premium spirits...[More...]

CA Orders Return of Jacinto Property to PNB

Wed, 12 Aug 2009 18:01:00 GMT

Aug. 13--THE Court of Appeals has stripped singer-businessman Ramon "RJ" Jacinto the right to maintain possession of a prime lot in Makati City for failure to pay his loan obligation with the Philippine National Bank.
The Court of Appeals' Eight Division nullified the resolution issued by Judge Rommel Baybay of Branch 132 of the Regional Trial Court of Makati on March 10, 2009, requiring PNB to return to Jacinto an 8,000-square-meter property located at the corner of Paseo de Roxas and Sen. Gil Puyat Avenue, Makati City, worth more than P6 billion.
"The court is simply perplexed as to how the respondent court [Branch 132, RTC, Makati] could have ordered the restoration of possession of the Buendia and Tagaytay properties which have already been foreclosed by petitioner bank, in its assailed writ of execution, issued on March 10, 2009," the decision said.

[More...]

House-Approved 2009 Budget Needs Overhaul

Sun, 12 Oct 2008 17:49:00 GMT

Oct. 13--He said that the economic assumptions in the 2009 General Appropriations Act approved by the House at 3:34 a.m. Saturday were based on global conditions before the financial crisis hit the United States and other Western markets.
The 2009 budget assumes a growth rate of 6.9 percent to 7.8 percent in the gross national product or GNP, an inflation rate of 6.1 to 7.1 percent, foreign exchange rate of P42 to P45 to a dollar and Dubai crude at $115 to $125 a barrel.
It predicts a budget deficit of P40 billion or just one-half of 1 percent of the gross domestic product or GDP.

[More...]

Castle Brands Announces Fiscal 2010 First Quarter Results

Fri, 14 Aug 2009 20:47:00 GMT

Castle Brands Inc. (NYSE Amex: ROX), an emerging developer and international marketer of premium branded spirits, today reported financial results for the three months ended June 30, 2009.
The fiscal 2010 first quarter results included a foreign exchange gain of $1.0 million due to a weakening U.S. dollar as compared to a loss of $99,000 in the prior year period.
The fiscal 2010 first quarter results also included a pre-tax, non-cash gain of $270,000 from the exchange of the Company's remaining outstanding 3% note for common shares.

[More...]

Castle Brands Announces Fourth Quarter and Fiscal 2009 Results

Mon, 29 Jun 2009 12:16:00 GMT

Castle Brands Inc. (NYSE Amex: ROX), an emerging developer and international marketer of premium branded spirits, today reported financial results for the three and twelve months ended March 31, 2009.[More...]

Castle Brands Announces Fiscal 2009 Third Quarter Results

Tue, 17 Feb 2009 21:49:00 GMT

Castle Brands Inc. (AMEX:ROX), an emerging developer and international marketer of premium branded spirits, today reported financial results for the three and nine months ended December 31, 2008.[More...]

Castle Brands Stockholders Approve All Proposals at Annual Meeting

Wed, 21 Jan 2009 20:26:00 GMT

Castle Brands Inc. (AMEX:ROX), an emerging developer and international marketer of premium branded spirits, announced that its stockholders approved the following matters at its Annual Meeting held today:[More...]

Zacks Analyst Blog Highlights: Washington Federal, Inc., Castle Brands, Inc., Volcom, Inc., MGIC Investment Corporation and E.I. Du Pont De Nemours & Company.

Thu, 04 Dec 2008 11:11:00 GMT

Zacks.com announces the list of stocks featured in the Analyst Blog.
Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets.
Stocks recently featured in the blog include: Washington Federal, Inc. (NASDAQ: WFSL), Castle Brands, Inc. (AMEX: ROX), Volcom, Inc. (NASDAQ: VLCM), MGIC Investment Corporation (NASDAQ: MGIC) and E.I. du Pont de Nemours & Company (NYSE: DD).

[More...]

Castle Brands Announces Fiscal 2009 Second Quarter Results

Fri, 14 Nov 2008 20:26:00 GMT

Castle Brands Inc. (AMEX:ROX), an emerging developer and international marketer of premium branded spirits, today reported financial results for the three and six months ended September 30, 2008.[More...]

Castle Brands Closes Private Placement and Receives Cash Infusion of $15 Million

Tue, 21 Oct 2008 12:00:00 GMT

Castle Brands Inc. (NYSE Alternext US LLC: ROX), the maker of premium branded spirits, today announced that it closed the previously announced private placement pursuant to the purchase agreement entered into on October 11, 2008 with investors led by Dr. Phillip Frost, I.L.A.R. S.p.A., the owner of Pallini liqueurs, and Vector Group Ltd., and received a cash infusion of $15 million. Under the terms of the purchase agreement, the Company issued 1,200,000 shares of newly created Series A Convertible Preferred Stock for a price per share of $12.50 (which is, in effect upon conversion, $0.35 per share of the Company’s common stock). After approval by the Company’s stockholders at a special meeting of an amendment to the Company’s charter to increase its authorized shares, each outstanding share of Series A Preferred Stock will be automatically converted into 35.7143 shares of the Company’s common stock.[More...]

Castle Brands Executes Agreement to Receive Cash Infusion of $15 Million Through Private Placement

Mon, 13 Oct 2008 12:01:00 GMT

Castle Brands Inc. (AMEX: ROX), the maker of premium branded spirits, today announced that it has entered into a purchase agreement with investors led by Dr. Phillip Frost, I.L.A.R. S.p.A., the owner of Pallini liqueurs, and Vector Group Ltd., to receive a cash infusion of $15 million. Under the terms of the purchase agreement, the Company will issue 1,200,000 shares of newly created Series A Convertible Preferred Stock for a price per share of $12.50 (which is, in effect upon conversion, $0.35 per share of the Company’s common stock). Transaction deliverables are being held in escrow pending closing, which will occur on Monday, October 20, 2008. After approval by the Company’s stockholders at a special meeting of an amendment to the Company’s charter to increase its authorized shares, each outstanding share of Series A Preferred Stock will be automatically converted into 35.7143 shares of the Company’s common stock.[More...]

Castle Brands in Discussions to Receive Cash Infusion of at Least $12.5 Million Through Private Placement

Thu, 09 Oct 2008 12:01:00 GMT

Castle Brands Inc. (AMEX: ROX), the maker of premium branded spirits, today announced that it is in advanced discussions with investors led by Dr. Phillip Frost to receive a cash infusion of between $12.5 million and $15.1 million. Under the proposed terms, Castle Brands will issue and sell between 1 million and 1.21 million shares of newly created Series A Convertible Preferred Stock for a price per share of $12.50. Each share of Series A Convertible Preferred Stock will be convertible into 35.7143 shares of the Company’s common stock. Castle Brands expects that it will execute a definitive agreement with the investors in the next few days.[More...]

Knappogue Castle Whiskey Releases 15 Year Old Very Limited Edition Irish Single Malt

Mon, 29 Sep 2008 13:40:00 GMT

Castle Brands Inc. (AMEX: ROX), an emerging international spirits company, today announced the release of the first special edition bottling for Knappogue Castle Whiskey, its founding brand.[More...]