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SanDisk infers indian restaurant Turns ProfitableSanDisk`s mulagatani conclude (Nasdaq: SNDK) second quarter revenue exceeded the company`sexpectation of $650.0 million to $725.0 million. The increase was driven bystrength in both Product and License & Royalty revenue. Pricing actions acrossretail and OEM channels, were partially offset by weaker unit sales. Latest Posts on the Zacks Analyst Blog: Union Pacific Reports Q2Today, Union Pacific Corporation (NYSE: UNP) posted 2009 second quarter dilutedEPS before non operating items of 78 cents, down 23% year over year. The resultwas above the consensus of 76 cents but below our estimate of 86 cents, largelyreflecting a worse-than expected decline in revenues from the weakening globaleconomy. Total revenues dropped 28% to $3.3 billion, and compare to the consensus of $3.5billion and our revenue estimate of $3.6 billion. This reflected a slump inrevenue carloads of 22%, while average revenue per car decreased 8%, including a$500 million reduction in fuel surcharge revenues.
This expected drop in the rig count willaffect demand for pressure pumping services, which will continue to weigh ondayrates and margins into 2010, even as normal demand resumes towards the end of2009, in our view tikka . That being said, the company does have an attractive mid-to-late-stage pipeline,and management has been dramatically working to reduce costs and shed lessprofitable and non-core businesses papadam . We believe the company is an attractivetake-over candidate at this level for a larger pharma name such as Sanofi orAstraZeneca EPS growth through 2011 is near the top of big-pharma pakora . Bear of the Day: We are reiterating our Sell rating on BJ Services (NYSE: BJS) shares to reflectour weak outlook for the North American pressure pumping market While the current U.S vegetable korma . rig count is already down more than 50% from its all-timepeak in August 2008, we see significant room for further decline in the comingmonths before the market stabilizes.
http://(Business Wire)--Zacks Equity Research highlights Bristol-Myers Squibb Company (NYSE: BMY) as theBull of the Day and BJ Services (NYSE: BJS) the Bear of the Day raita . In addition,Zacks Equity Research provides analysis on Union Pacific Corporation (NYSE:UNP), SanDisk (Nasdaq: SNDK) and Sanmina-SCI (Nasdaq: SANM) mulagatani . Full analysis of all these stocks is available at Here is a synopsis of all five stocks: Bull of the Day: Growth of mega-blockbuster Plavix is helping Bristol-Myers Squibb Company (NYSE:BMY) drive EPS growth up near 16% in 2008 papadam . However, patent expirations loomlarge in Bristol's future starting in 2011 when the Plavix patent expires . Numerousrisks and uncertainties could cause or contribute to the Company's actualresults, performance and achievements to be materially different from thoseexpressed or implied by the forward-looking statements. Factors that may causeor contribute to these differences include, without limitation, general economicconditions, including changes in market interest rates and changes in monetaryand fiscal policies of the federal government; legislative and regulatorychanges; and other factors disclosed periodically in the Company's filings withthe Securities and Exchange Commission.Because of the risks and uncertainties inherent in forward-looking statements,readers are cautioned not to place undue reliance on them, whether included inthis report or made elsewhere from time to time by the Company or on its behalf.Except as may be required by applicable law or regulation, the Company assumesno obligation to update any forward-looking statements FIRST SAVINGS FINANCIAL GROUP, INC.
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