Breaking Earnings Forecast News: Staples, Facebook, Research In Motion, Bank of America, Caterpillar, and Lowe's

VANCOUVER, British Columbia, Sept. 26, 2012 /PRNewswire/ -- EarningForecast.com has issued consensus earnings forecast reports and Equity Research for the following companies: Staples (NASDAQ:SPLS), Facebook (NASDAQ:FB), Research In Motion (NASDAQ:RIMM), Bank of America (NYSE:BAC), Caterpillar (NYSE:CAT), and Lowe's (NYSE:LOW).

(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:

Staples, Inc. (NASDAQ:SPLS): On September 25, Staples, Inc. (NASDAQ:SPLS) announced that it is commencing a strategic plan due to the needs of its customers and accelerate growth. The office products retailer will integrate its retail and online offering, increase investment in its online businesses, reorganize its operations, implement leadership changes, initiate a multi-year cost savings plan, and restructure its International Operations. As part of the plan, Staples is scheduled to reduce retail square footage in North America by approximately 15% by the end of fiscal year 2015. Moreover, Staples last Wednesday announced the appointment of Michael T. Williams as Senior Vice President, general counsel and secretary, effective November 7, 2012. What's more, the office products retailer's Board of Directors has recently approved a quarterly cash dividend on Staples, Inc. common stock of US$0.11 per share, which is payable on October 18, 2012, to shareholders of record on September 28, 2012. Shares of Staples slumped US$0.55 (or -4.45%) for the session to US$11.80 on hefty volume of 39.79 million shares, above its average volume of 19.23 million shares. Do you think Staples will rebound or continue to decline? Do you think now is a good time to sell the stock? Investors could check SPLS earnings forecast report here.

Read Full Report: http://www.earningforecast.com/PR/092612A/SPLS/Staples.pdf

Facebook Inc. (NASDAQ:FB): Facebook Inc. (NASDAQ:FB), the world's biggest social-networking service, went public on May 18, 2012 at US$38. Shares of Facebook made a new 52 week-low of US$17.55 earlier this month. However, it rebounded after CEO Mark Zuckerberg speaking at a TechCrunch conference in San Francisco where he acknowledged that the company had fumbled with mobile but that it was now a "mobile company". Shares of Facebook continued to slump on Tuesday and ended lower by 0.51 (or -2.45%) at US$20.28 with more than 46.26 million shares exchanged hands for the session compared to its average volume of 57.11 million shares. Facebook's market capitalization after the recent close was US$43.45 billion. Can FB rebound after the recent slump? Do you want to know when Facebook insiders will purchase their shares? Want to monitor Facebook on an on-going basis? It can be done for free by registering below.

Read Full Report: http://www.earningforecast.com/PR/092612A/FB/Facebook.pdf

Research In Motion Limited (USA) (NASDAQ:RIMM): Research In Motion Limited (USA) (NASDAQ:RIMM), a provider of wireless solutions for the global mobile communications market, currently has a market capitalization of US$3.46 billion. The stock price crossed above the 50-day moving average in the last trading session. Shares of Research In Motion began the trading session with a price of US$6.37 and throughout the session soared to a high of US$6.71. When day-trade ended, the stock finally advanced US$0.30 or 4.68% to US$6.60. There were 45.95 million stock shares traded, which was 2.8 times more than average volume. Comprehensive analysis of Research In Motion could help investors avoid big lost in investment. Check RIMM earnings forecast report below.

Read Full Report: http://www.earningforecast.com/PR/092612A/RIMM/ResearchInMotion.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:

Bank of America Corporation (NYSE:BAC):
Read Full Report: http://www.earningforecast.com/PR/092612A/BAC/BankofAmerica.pdf

Caterpillar Inc. (NYSE:CAT):
Read Full Report: http://www.earningforecast.com/PR/092612A/CAT/Caterpillar.pdf

Lowe's Companies, Inc. (NYSE:LOW):
Read Full Report: http://www.earningforecast.com/PR/092612A/LOW/Lowes.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