Posts for Ticker ‘VCI’

52-Week High Club

Chipotle Mexican Grill (NYSE: CMG) hit a yearly high of $97.33 as options traders place bets in anticipation of positive earnings.

Dr Pepper Snapple Group (NYSE: DPS) hit a yearly high of $28.58 as Citigroup gives the company a buy rating in anticipation of the declaration of a dividend or stock buy backs in 2010.

Mead Johnson Nutrition Company (NYSE: MJN) hit a yearly high of $43.68 as rumors of a takeover circulated.  The shares promptly dropped as the rumored purchaser, Danone SA, denied the reports.

Thor Industries (NYSE: THO) hit a yearly high of $30.64 as it reported that its 4Q profits had quadrupled.  

Valassis Communications (NYSE: VCI) hit a yearly high of $25.25, boosted by positive news coming out of Gannett.

Walgreen Company (NYSE: WAG) hit a yearly high of $37.53 after the company’s earnings beat analysts estimates.

Garrett W. McIntyre

Most Overpaid CEO Of The Day: Alan F. Schultz Of Valassis (VCI)

Cammonopoly_wideweb__430x3250Valassis (VCI), the media and marketing services companies, has done an astonishingly poor jobs for its shareholders. The stock is down from a 52-week high of $16.80 to $1.78. The firm’s third quarter earnings only made the situation worse.

VCI reported quarterly revenue of $563.7 million down 7.2% from $607.2 million for the prior year quarter. The firm also said it had a net loss of $5.2 million or $.11 per share, for the third quarter compared to net earnings of $16.4 million, or $.34 per share, in the year ago period.

The company also lowered its forecast for the balance of the year.

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The 52-Week Low Club (VCI)(SVR)(MDR)(ANN)(CRL)(GT)(NOBL)(THQI)

Sad_clownValassis Communications (VCI) Q3 loss and outlook cut. Plunges to $1.78 from 52-week high of $16.80.

Syniverse (SVR) Baird downgrades shares. Falls to $9.79 from 52-week high of $22.93.

McDermott International (MDR) Lower profit. Downgrades from Jefferies and Credit Suisse. Daily double. Off to $10.26 from 52-week high of $67.14.

Ann Taylor Stores (ANN) Grim outlook on sales. Sells down to $8.74 from 52-week high of $33.28.

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