DALLAS, Texas 2/21/2009 1:32:33 AM
News / Finance

Technical Trade Alerts on Market Movers: WFMI, WPI, PDE, GME, WMB, APA

Beacon Equity Research announces the release of Trade Alerts covering , Market Movers:  Whole Foods Market Inc. (Nasdaq: WFMI), Watson Pharmaceuticals Inc. (NYSE: WPI), Pride International Inc. (NYSE: PDE), GameStop Corp. (NYSE: GME), Williams Companies Inc. (NYSE: WMB) and Apache Corp. (NYSE: APA).

 

In the Trade Alert, the author highlights Whole Foods Market’s fiscal first-quarter EPS of 20 cents, beating analyst estimates:

 

“Whole Foods Market Inc. (WFMI) shares fell 1.18% to $12.60 in today’s mid-morning trading. Whole Foods Market, together with its subsidiaries, engages in the ownership and operation of natural and organic foods supermarkets primarily in the United States. … The Austin, Texas-based company recently reported fiscal first-quarter EPS of 20 cents, beating analyst estimates of 15 cents per share. Revenues in the quarter rose 0.4% year-over-year to $2.47 billion, missing consensus estimates of $2.49 billion. … The company sees fiscal 2009 EPS of 71 cents to 76 cents, versus estimates of 66 cents. The company reiterated its fiscal 2009 revenue guidance of $8.3 billion, versus estimates of $8.2 billion.”

 

The Trade Alert author also featured Watson Pharmaceuticals’ fourth-quarter net income climbing to $56.4 million:

“Watson Pharmaceuticals Inc. (WPI) shares slipped .27% to $29.73 in today’s morning session. Watson Pharmaceuticals engages in the development, manufacture, marketing and distribution of branded and generic pharmaceutical products in the United States. … Overcoming a downbeat performance from last fall along with the rest of the market, Watson said its fourth-quarter net income jumped to $56.4 million, or 50 cents a share, compared to $38.4 million, or 34 cents a share, in the year-ago period. Revenues in the quarter rose 3% year-over-year to $645.2 million, better than consensus estimates of $634.1 million.”

 


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Beacon Equity Research
Jeff Bishop, (469)-252-3505
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