VANCOUVER, British Columbia, Oct. 8, 2012 /PRNewswire/ -- EarningForecast.com has issued consensus earnings forecast reports and Equity Research for the following companies: Citigroup (NYSE: C), Zynga (NASDAQ: ZNGA), Apple (NASDAQ: AAPL), Intel (NASDAQ: INTC), First Solar (NASDAQ: FSLR), and Vale SA (NYSE: VALE).
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Citigroup Inc. (NYSE: C): The leading global bank Citigroup Inc. (NYSE: C) last week introduced Citi Cross, a real-time alternative trading platform that offers diverse sources of liquidity to a wide set of market participants. Moreover, in late September, Citigroup said it has achieved a landmark in its strategic plan to provide mobile enablement of its key client platforms. The bank's CitiDirect BESM Mobile service has surpassed over US$10 billion in total transaction value since its launch one year ago. Shares of Citigroup began the trading session with a price of US$35.39 and throughout the session slipped to a low of US$34.60. By market close, the stock finally dropped 0.54% to US$34.77. Share prices of Citigroup have traded as high as US$38.40 per share and as low as US$23.30 in the past 52 weeks. The stock traded 42.37 million shares in the last trading session, well above its daily average of 34.91 million shares. Do you think now is a good time to buy or sell the stock? See Citigroup earnings forecast report here.
Read Full Report: http://www.earningforecast.com/PR/100812A/C/Citigroup.pdf
Zynga, Inc. (NASDAQ: ZNGA): Zynga Inc. (NASDAQ: ZNGA) last Friday announced preliminary financial results for its third quarter and slashed its outlook for full year 2012. Zynga estimated a loss of US$0.12 to US$0.14 per share for the third quarter ended September 30, 2012. For the full year 2012, Zynga now expects adjusted earnings of US$147 million to US$162 million on bookings of US$1.085 billion to US$1.1 billion. The company previously had expected adjusted Ebitda of US$180 million to US$250 million and bookings of US$1.15 billion to US$1.225 billion. Zynga will post its financial results for the third quarter on Wednesday, October 24. At the close of the trading day, Zynga shares slumped 11.90% to US$2.48 and made a new 52-week low of US$2.21. There were 132.02 million stock shares traded, which was 10 times more than average volume. The company has a market capitalization of US$1.88 billion. Can Zynga rebound? Want to monitor this company on an on-going basis? Investors could check ZNGA earnings forecast report here.
Read Full Report: http://www.earningforecast.com/PR/100812A/ZNGA/Zynga.pdf
Apple Inc. (NASDAQ: AAPL): On October 5, Apple paid tribute to company's co-founder Steve Jobs who passed away a year ago. Chief Executive Officer Tim Cook stated that the company's values originated from Steve Jobs and his spirit will remain the foundation of Apple Inc. forever. In the last trading session, Apple shares ended down US$14.21 (or -2.13%) at US$652.59. The stock has a 52-week low of US$363.32 and a 52-week high of US$705.07. Its price, as of the latest close, was up 80% compared with the 52-week low and was 8% below the 52-week high. AAPL was traded above average volume with 21.20 million shares traded, 5.06 million shares more than its daily average. The company currently has a market capitalization of US$611.74 billion. Investors may want to find out where AAPL will go from here. Observing comprehensive Apple earnings forecast report here.
Read Full Report: http://www.earningforecast.com/PR/100812A/AAPL/Apple.pdf
Today EarningForecast.com also observed abnormal trade volume for the following companies; insiders may involve trading in these companies. Check out the consensus earnings forecast reports below:
Intel Corporation (NASDAQ: INTC):
Read Full Report: http://www.earningforecast.com/PR/100812A/INTC/Intel.pdf
First Solar, Inc. (NASDAQ: FSLR):
Read Full Report: http://www.earningforecast.com/PR/100812A/FSLR/FirstSolar.pdf
Vale SA (ADR) (NYSE: VALE):
Read Full Report: http://www.earningforecast.com/PR/100812A/VALE/ValeSA.pdf
Insider Filing Source Reference: All observations, analysis and reports are based on public information released by the U.S. Securities and Exchange Commission.
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