Lakeway, TX -- (SBWIRE) -- 02/15/2013 -- vbtrendreport.com, an investment community with a special focus on updating investors with recent news on the U.S. stock market, issues news alert on the following stocks:-
Transocean LTD (NYSE:RIG) -2.9% after Deutsche Bank cuts shares to Sell from Hold, pointing to yesterday's fleet status report which showed a 7% increase in 2013 downtime and the first estimate of 2014 downtime is up an additional 5% vs. 2013. Meanwhile, costs are rising even as rates are flattening. The firm also believes most potential catalysts have been realized.
How Should Investors Trade RIG After The Solid Jump? Let’s Find Out Here
The J.M. Smucker Company (NYSE:SJM) FQ3: Sales growth was aided by a pickup in K-Cup products and a $59.7M boost from the acquired Sara Lee foodservice business. The company saw lower overall commodity costs during the period with reduced green coffee pricing offsetting higher peanut costs. Segment profit breakdown: U.S. Retail Coffee +27% to $175.2M; U.S. Retail Consumer Foods flat to $106.2M; International +28% to $49M.
Is SJM Ready To Jump Again After The Solid Momentum? Get Free Trend Analysis Here
Garmin Ltd. (NASDAQ:GRMN) ticks higher after William Blair starts coverage with an Outperform ahead of the PND maker's Wednesday Q4 report. The firm notes free cash flow remains healthy (a 9.2% yield is estimated for 2012) in spite of a declining PND market, and predicts Garmin's op. margin will keep expanding thanks to growth in markets such as aviation and fitness (aided by new products). Shares have underperformed the NASDAQ by ~20% over the last 12 months.
Is GRMN A Buy After The Recent Price Movement? Find Out Here
Burger King Worldwide Inc (NYSE:BKW) warns that sales in Q1 are trending "modestly negative" as rivals in the sector up their promotional game. During a conference call (webcast), execs indicated the company will keep a barbell strategy of offering premium items along with value deals, but will need to focus further on pricing to keep market share.
Is BKW a Buy At The Current Market Price? Don’t Miss Out Our Special Coverage Here
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