From his office in Des Moines, Iowa, Tom Rozycki, scans the country for stocks to buy for his fund, Principal MidCap Blend , with one thought above all others: sustainable competitive advantage.
From his office in Des Moines, Iowa, Tom Rozycki, scans the country for stocks to buy for his fund, Principal MidCap Blend , with one thought above all others: sustainable competitive advantage.
An analyst downgraded shares of AutoZone Inc. on Wednesday, saying the auto parts retailer's sales are slowing and its core business is "showing signs of mortality."
NEW YORK (AP) - An analyst downgraded shares of AutoZone Inc. on Wednesday, saying the auto parts retailer's sales are slowing and its core business is "showing signs of mortality."
DALLAS, Nov. 3 /PRNewswire/ -- BeaconEquity.com announces the availability of Trade Alerts on stocks making news today. Investors can view all of the daily trading notes for free by visiting:
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.
O?Reilly Automotive, Inc. (?O?Reilly? or ?the Company?) (Nasdaq: ORLY) today announced revenues and earnings for the third quarter ended September 30, 2008. Sales for the three months ended
Gabelli & Company, Inc. will host its 32nd Annual Automotive Aftermarket Symposium, November 3 ? 5, at the Bellagio in Las Vegas. The three-day investment research meeting will feature
While the auto industry propels itself into the abyss, the parts retailers like AutoZone (AZO) and O’Reilly Automotive (ORLY) are seeing their value proposition become more relevant in the marketplace. As credit remains tight and new car sales plummet, more and more people are putting off major purchases in favor of repair and/or band-aid projects for their cars.
I wrote about this trend earlier in the month, highlighting O’Reilly as my favorite in the group because there’s a lot of improvement they can bring to recent acquisition...
Fed cuts to 1%. In a unanimous decision, the Fed dropped its key fed funds target to 1% from 1.5%, while the discount rate fell to 1.25% from 1.75%. "The pace of economic activity appears to have slowed markedly, owing importantly to a decline in consumer expenditures," it said. The Fed hinted it may not be done with rate cuts: "... downside risks to growth remain. The Committee will monitor economic and financial developments carefully and will act as needed to promote sustainable economic growth and price stability." New in its statement...
O'Reilly Automotive (ORLY) is expected to report Q3 earnings after market close Wednesday, October 29, with a conference call scheduled for Thursday, October 30 at 10:00 am ET.
Guidance
Analysts are looking for a profit of 40c on revenue of 1.13B. The consensus range is 34c to 47c for EPS, and revenue of $723M to $1.19B, according to First Call. In its Q2 earnings release O'Reilly reported EPS 48c compared to consensus 48c, and revenue of $704M compared to consensus $702M. At that time the company also lowered its FY08 EPS view $1.50 to $1.54. Possible...
While everyone is painfully aware of the credit crunch, especially with respect to the housing market, investors are perhaps less familiar with another spigot run dry: automobile lending. Leasing has died, the auto manufacturers have shut down or curtailed lending and most third-party providers of capital to the market have retrenched.
Automobiles are big ticket items that are generally bought on credit. Borrowers are strapped, and lenders are in retreat. It's no wonder that the outlook for the auto industry is so bleak even...
Pep Boys (PBY) does not stand up too well with its competitors from an earnings perspective, but maybe that's a good thing, as it creates the potential for mammoth progress to unfold. The last time the shares were at these depressed levels, they promptly rallied almost 500% to the $30 vicinity. Will history repeat itself? It often does, and this time around the company is leaner and meaner, so instead of a five banger, a possible ten banger could be in the cards.
The Competition: The O'Reilly Group (ORLY), Auto Zone (AZO) and Advance Auto Parts (AAP) are PBY's...
For all the analysts and pundits in the financial media, there is still no better judge of a company's health and future prospects than the owners and executives of those companies themselves, along with major institutional shareholders.
That's why insider buying and selling is a critical piece of data that is monitored by people who invest for a living.
Each day, Wall Street is flooded with stock research offering a multitude of conflicting investment opinions. As such, TickerMine is not in the business of providing more opinions. We believe that accurate raw data points can be used to gain insight in to the stock selection and valuation process.
Oil Change/Tune Ups Sell Great at AAP (AAP) stores but brakes, hoses and batteries not so good
Police in Osage Beach are investigating the theft of a generator, said spokesperson Arlyne Page in a news release. On Wednesday at around 3 pm they responded to O'Reilly Automotive located at ...
RIVERSIDE, Mo. -- The O'Reilly MLRA presented by Lucas Oil officially honored Omaha, Nebraska's John Anderson as the series' 2008 Champion at the Championship Awards Banquet held in the Casablanca ...
Columbia, MO - infoZine - Missouri returns home after logging a 2-1 record at the O?Reilly Auto Parts Puerto Rico Tip-Off, to face Oral Roberts at 3 pm at Mizzou Arena ... The game vs. ORU will ...
By WEEK Sports Sophomore guard Sam Maniscalco turned in a solid game with 12 points, six rebounds and six assists and Bradley (3-2) turned in its best all-around effort of the season en route to a ...
Theron Wilson and Sam Maiscalco added 12 points apiece for the Braves (3-2), who shot 58.3 percent (14 of 24) in the first half as they took a 40-28 halftime lead in the O'Reilly Auto Parts ...
By Kevin Brockway KANSAS CITY, Mo. ? With No. 17 Florida struggling to hold on late against Washington in the consolation game of the O'Reilly Auto Parts/CBE Classic, the Gators turned to an old ...
MIAMI ? Toledo?s offensive woes continued yesterday as the Rockets (0-4) suffered a 77-56 setback to Horizon League preseason favorite Cleveland State (3-2) in the O?Reilly Auto Parts CBE Classic ...
FORT MYERS, Fla. | Jarhon Giddings led a balanced scoring attack with 20 points as Richmond beat UMKC 85-74 on Tuesday night in the O?Reilly Auto Parts College Basketball Experience. With just 8 ...
Florida Gulf Coast University leads Bradley 30-28 at halftime tonight in the O'Reilly Auto Parts College Basketball Experience Classic at Alico Arena. Junior forward Derrick O'Neil and freshman ...
Shooting 68 percent for the game and led by front-court players Jarhon Giddings and Justin Harper, Richmond defeated Missouri-Kansas City 85-74 in the early game of the O?Reilly Auto Parts College ...
From his office in Des Moines, Iowa, Tom Rozycki, scans the country for stocks to buy for his fund, Principal MidCap Blend (TICKER:PEMGX), with one thought above all others: sustainable competitive advantage.
LONDON (MarketWatch) -- Goldman Sachs downgraded Salzgitter to neutral from buy and Acerinox to sell from neutral as part of a note in which it cut 2009 steel price forecasts by 65 euros a metric ton to 495 euros a ton. "Approximately half this reduction reflects lower assumed iron ore and coking coal prices from April 1, 2009. The balance reflects our expectation of lower shipping costs for raw materials, and lower-priced competing steel imports into Europe," the broker said. It kept a conviction buy on ArcelorMittal .
LONDON (MarketWatch) -- Mining giant BHP Billiton said Wednesday that it intends to temporarily cut manganese production at its 60% owned Samancor operation due to weak market conditions. The cuts are expected to reduce ore production by 21% and alloy production by 23% in 2009. The reduction in manganese ore output is expected to be balanced between GEMCO in Australia and Hotazel in South Africa. BHP Billiton's partner in Samancor is Anglo American .
SYDNEY (MarketWatch) -- Mergers and acquisitions activity in the resources sector should pick up again during the second half of next year, but the market may plumb deeper depths before then, Goldman Sachs JBWere's managing director for its natural resources investment division said Wednesday.
MELBOURNE (MarketWatch) -- BHP Billiton Ltd. said Wednesday it is cutting manganese production from its Samancor manganese joint venture operations with Anglo American PLC (AAL.LN) by more than 20% as a slow down in steelmaking crimps demand. BHP has been the slowest of the major diversified miners to cut production in response to slowing demand and falling prices, but Chief Executive Marius Kloppers last week signaled it is now prepared to cut output from operations that look set to be cash negative for some time.
Latin American equity markets tumbled Monday, on pace with a disastrous day on Wall Street, as a series of poor economic reports underlined the effects of recession sweeping the globe.
Asian markets were mixed Wednesday, with Australian stocks slipping as Rio Tinto plunges a day after BHP Billiton drops its takeover bid, while Japanese shares fall as exporters such as Toyota Motor Corp. lose ground on a strengthened yen.
Stocks 
While the auto industry propels itself into the abyss, the parts retailers like AutoZone (AZO) and O’Reilly Automotive (ORLY) are seeing their value proposition become more relevant in the marketplace. As credit remains tight and new car sales plummet, more and more people are putting off major purchases in favor of repair and/or band-aid projects for their cars.
I wrote about this trend earlier in the month, 
O'Reilly Automotive
