# Tuesday, January 09, 2007
Greenbrier Companies (NYSE:GBX) reported Q1 earnings of $0.12 per share, in-line with estimates. Revenues came in at $246.6 million versus the consensus of $228.4 million. They foresee the FY07 EPS to be $2.15 to $2.40 versus the consensus of $2.92.

New York & Company, Inc. (NYSE:NWY) currently expects fourth quarter diluted earnings per share at the low end of the earnings guidance range provided on November 16, 2006 of $0.37 to $0.46. The current consensus is $0.40.

The Talbots, Inc. (NYSE:TLB) announced that earnings per share on a reported basis for the fourth quarter ending February 3, 2007 is expected to breakeven with an adjusted EPS of $0.04. This reflects a $0.07 decline in the Talbots brand performance versus the same quarter last year, a higher than anticipated loss at the J. Jill brand. The current consensus stands at $0.30.  The company sees Q1 of 2007 GAAP EPS between $0.36 to 0.43; the current consensus is $0.56.

Helen of Troy Limited
(NDAQ:HELE) reported Q3 EPS of $0.72, versus the consensus of $0.85. Revenues came in at $213.4 million versus the consensus of $203.97 million, with a Q4 EPS of $0.25-$0.30 versus the consensus of $0.36 and an EPS of $1.53-$1.58 versus previous guidance of $1.70 to $1.80 and the consensus of $1.77. There are estimated FY07 revenues of $626-$631 million versus the consensus of $621.05 million. For the fiscal year beginning March, the company is providing guidance of annual sales in excess of $660 million and annual earnings in excess of $2.00 per diluted share. The consensus stands at $652.7 million and $2.01, respectively.

Volt Information Sciences, Inc. (NYSE:VOL) reported Q4 EPS of $0.86, twenty-four cents better than estimates. Revenues were $610.2 million versus $615.96 million consensus. VOL reported the FY06 EPS of $1.97 and revenues of $2.3 billion, with the current FY EPS consensus of $1.73 and the revenue consensus of $2.34 billion.

Audiovox Corp. (NDAQ:VOXX) reported a Q3 EPS of $0.17, two cents better than estimates of $0.15. Meanwhile revenues came in at $151.83 million versus the consensus of $148.77 million.

Oxford Industries Inc. (NYSE:OXM) reported a Q2 EPS of $0.68, versus the consensus of $0.69. Consolidated net sales increased nearly five percent to $291.0 million, versus the consensus of $290.35 million. They foresee the Q3 EPS to be $0.52-$0.60 versus the consensus of $0.86 and the FY07 EPS to be $3.00 to $3.15 versus the consensus of $3.33. The FY07 sales are estimated to be between $1.14 billion and $1.16 billion compared to initial full year guidance of $1.16 billion to $1.18 billion and the consensus of $1.17 billion.

Ramtron International Corporation (NDAQ:RMTR) expects to report product revenue of approximately $9.1 to $9.2 million. This result compares to the outlook management provided in its Q3 earnings which estimated product revenue between $10.2 million and $11.2 million.

Alcoa (NYSE:AA) reported Q4 EPS of $0.74, nine cents better than estimates while revenues were $7.8 billion versus $7.63 billion.

Tuesday, January 09, 2007 11:24:32 PM UTC  #     |  Trackback
Apple Computers, Inc. (NYSE:AAPL) shares set new highs today after moving up $7.10, or 8.31%, to close at $92.57. The move was driven by the company's introduction of its much-anticipated iPhone device, which will be able to play music and take pictures, among other things. Investors are hoping that this new device will be able to disrupt the cell phone market in the same way that the iPod has dominated the MP3 player market shortly after its introduction. Moreover, the device's ties to several other key Apple services - most notably its iTunes music service - could help boost earnings in other areas. Jobs, not adverse to a little hyperbole, boldly stated, "We are all born with the ultimate pointing device - our fingers - and iPhone uses them to create the most revolutionary user interface since the mouse" calling the new device "revolutionary and magical". While the device won't be available in the states until June, the company did reveal their pricing at $499 for the 4gb model and $599 for the 8gb model.

The company also announced that it would be changing its name from "Apple Computers, Inc" to a much simpler "Apple, Inc", marking its move from strictly computers to consumer electronics.

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Intel Corporation (INTC)
Gateway, Inc. (GTW)
Tuesday, January 09, 2007 11:09:30 PM UTC  #     |  Trackback
The London Stock Exchange reported excellent results, just a day after the Nasdaq (NDAQ:NDAQ) stepped up its attempt to win over LSE shareholders. The LSE reported a 9.9% rise in third quarter fiscal profits, while operating profits excluding one-time expenses increased 50% with revenues increasing 11.1%. The LSE attributed the growth to a 57% growth daily trading volume to 342,000, which came in significantly above the company's prior estimates. "The exchange is confident of an excellent outcome for the current financial year and continuing strong business fundamentals should ensure a strong performance for the financial year ending March 31, 2008," the exchange said in a statement. "This excellent performance supports the board's rejection of Nasdaq's offer, which significantly undervalues the business and the exchange's unique strategic position." The LSE also said the number of IPOs on its main market rose 39% to 50% during the quarter, along with a 68% increase in the average size of each new issue.

Clearly, this development puts increased pressure on Nasdaq, who argued that the exchange would experience difficulty competing in the future. Specifically, the Nasdaq said that the exchange would have to lower its costs in order to maintain market share; however, this recent development illustrates that this may not be true. Combined, these factors may make LSE shareholders think twice before approving a merger, despite the NDAQ's significant stake in the LSE that it threatened to sell off if the transaction fell through. Regardless, these stocks are two that are certainly worth watching during the next few months.

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Tuesday, January 09, 2007 6:53:35 PM UTC  #     |  Trackback