VANCOUVER, British Columbia, Sept. 28, 2012 /PRNewswire/ -- EarningForecast.com has issued consensus earnings forecast reports and Equity Research for the following companies: Microsoft (NASDAQ:MSFT), Tempur-Pedic (NYSE:TPX), Corning (NYSE:GLW), Activision Blizzard (NASDAQ:ATVI), MetroPCS Communications (NYSE:PCS), and United States Steel (NYSE:X).
(Logo: http://photos.prnewswire.com/prnh/20120809/HK54890LOGO )
(Read full report by clicking the link below, you may need to copy and paste the full link to your browser.)
Report Highlights:
Microsoft Corporation (NASDAQ:MSFT): Mimvi Inc. recently announced a partnership agreement with Microsoft Corporation (NASDAQ:MSFT), under which Mimvi will develop a wide range of products and services to complement Microsoft's Windows Azure and Windows Mobile 8 Platforms. In addition, Microsoft last Tuesday announced that Nancy Tellem, former president of CBS Network Television Entertainment Group, has joined the company as Entertainment & Digital Media president. Shares of Microsoft dipped US$0.01 (-0.02%) for the session to US$30.16 on volume of 47.13 million shares, above its average volume of 38.81 million shares. The company has a market capitalization of US$252.84 billion with price range within US$24.26 - US$32.95 over the past 52 weeks. Investors may want to find out where MSFT will go from here. Observing comprehensive Microsoft earnings forecast report here.
Read Full Report: http://www.earningforecast.com/PR/092812A/MSFT/Microsoft.pdf
Tempur-Pedic International Inc. (NYSE:TPX): On September 27, Tempur-Pedic International Inc. (NYSE:TPX), a manufacturer, marketer and distributor of premium mattresses and pillows worldwide, announced that it has agreed to acquire the global bedding manufacturer Sealy Corporation in exchange of US$242 million and take on its debt of about US$750 million. Through the deal, Tempur-Pedic and Sealy will create a US$2.7 billion bedding provider which will have a presence in more than 80 countries in every product category, Tempur-Pedic said. The transaction is expected to close during the first half of 2013. By the end of Thursday's trading, shares of Tempur-Pedic soared 14.41% (US$3.86) to US$30.64 on high volume of 11.82 million shares, which was 9.5 times more than usual. Market value of Tempur-Pedic declined by half to about US$1.5 billion in June after it cut its full-year forecasts, blaming intensifying competition from privately owned manufacturers due to their cheaper offerings. The company's market capitalization after the recent close was US$1.82 billion. Can Tempur-Pedic continue to advance? Want to monitor this company on an on-going basis? Investors could check TPX earnings forecast report here.
Read Full Report: http://www.earningforecast.com/PR/092812A/TPX/TempurPedic.pdf
Corning Incorporated (NYSE:GLW): Corning MobileAccess, part of Corning Incorporated's (NYSE:GLW) Telecommunications segment, has recently been ranked the top one distributed antenna systems vendor in ABI Research's Competitive Assessment report for the in-building wireless market. Shares of Corning began the trading session with a price of US$12.95 and throughout the session advanced to a high of US$13.40. When day-trade ended, the stock crossed above the 50-day moving average in the session and ended at US$13.30 by soaring 3.42%. The last session's volume of 18.52 million shares was heavier than its average daily trading volume of 12.27 million shares. Corning has a market capitalization of US$19.80 billion with price range within US$10.62 - US$15.75 over the past 52 weeks. Do you think Corning will continue to advance? Do you think now is a good time to sell the stock? Investors could check GLW earnings forecast report here.
Read Full Report: http://www.earningforecast.com/PR/092812A/GLW/Corning.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:
Activision Blizzard, Inc. (NASDAQ:ATVI):
Read Full Report: http://www.earningforecast.com/PR/092812A/ATVI/ActivisionBlizzard.pdf
MetroPCS Communications Inc. (NYSE:PCS):
Read Full Report: http://www.earningforecast.com/PR/092812A/PCS/MetroPCSCommunications.pdf
United States Steel Corporation (NYSE:X):
Read Full Report: http://www.earningforecast.com/PR/092812A/X/UnitedStatesSteel.pdf
Insider Filing Source Reference: All observations, analysis and reports are based on public information released by the U.S. Securities and Exchange Commission.
About EarningForecast.com:
EarningForecast.com focuses on tracking and monitoring company Earnings Data for top market movers in US stocks market. EarningForecast.com features a team of experienced data analysts striving to provide the investment community with the tools, software, and data necessary to carry out more effective investment research.
Important Disclaimer:
Please visit: EarningForecast.com/disclaimers/index.php for details.
SOURCE EarningForecast.com
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article