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Zantrio.com Stock Picks for Feb 24, 09

Discussion in 'Forex Daily News & Outlook' started by zantriocom, Feb 24, 2009.

  1. zantriocom

    zantriocom Member

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    (DRC) - buy
    Dresser-Rand Q4 profit soars, beats Street view. The company earned $77 mln or 94 cents a share, compared with earnings of $43.8 mln or 51 cents a share, a year ago.

    (ONXX) - buy
    Onyx revenue nearly doubles as Nexavar sales rise; results surpass analyst expectations. The company reported a loss of $30.2 mln, or 53 cents per share. A year earlier, Onyx lost $11.7 mln, or 21 cents per share.

    (MHK) - short
    Mohawk Industries posts $127.6 million 4Q loss. Co also issues downside guidance for Q1, sees EPS of ($0.89)-(0.80) vs. $0.28 consensus.

    (JWN) - short
    Nordstrom reports a 68 percent drop in 4th-quarter profit, dragged down by heavy discounting.

    (DTE) - short
    DTE Energy Q4 profit misses estimates. Co also issues downside guidance for FY09, sees EPS of $2.75-3.05 vs. $3.16 consensus.
     
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