Wednesday, October 20, 2010

Avis Budget Spikes On Upgrade

GameStop posted widely separated EPS of $1.29, as compared to $1.39, together with merger-related income of $0.05 per share in the before year quarter. Net gain decreased 7.1% to $215.9 million compared to the same entertain last year.Despite the gain drop, GameStop ( GME - news - people ) forecasted sum sales expansion for mercantile 2010 in between 4.0% and 6.0% and projected widely separated EPS from $2.58 to $2.68.emailprintreprintnewslettercommentssharedel.icio.usDigg It!yahooFacebookTwitterRedditrssforbes:http://www.forbes.com/2010/03/18/gainers-gamestop-avis-markets-equities-str-marketnewsvideo.html?partner=yahoobuzzOn the outlook, shares of GameStop are up 8.75% so far today.Avis Budget Group ( CAR - news - people ) was upgraded by Barclays ( BCS - news - people ) Capital this sunrise from next to weight to overweight, promulgation shares of Avis higher. Currently shares are up some-more than 8%.After the shutting bell yesterday, STR Holdings ( STRI - news - people ) voiced that net sales were up over 6% compared to the before year quarter. Diluted EPS came in a twenty-three cents contra 9 cents a year ago. Non-GAAP widely separated EPS was 42 cents contra fifteen cents.On the clever report, STR Holdings is trade up some-more than 9.5%.,,2010/03/18/gainers-gamestop-avis-markets-equities-str-marketnewsvideo.htmlMarket News Video produces and distributes online videos about bonds and investing.
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