VANCOUVER, British Columbia, Aug. 14, 2012 /PRNewswire-Asia/ -- EarningForecast.com has issued consensus earnings forecast reports and Equity Research for the following companies: Tesoro (NYSE:TSO), Focus Media (NASDAQ:FMCN), Facebook (NASDAQ:FB), Apple (NASDAQ:AAPL), General Electric (NYSE:GE), and SYSCO (NYSE:SYY).
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Tesoro Corporation (NYSE:TSO): Tesoro Corporation (NYSE:TSO) shares soared 9.49% to US$38.87 and made a new 52-week high of US$39.23. This is after the company announced its acquisition of BP PLC's Carson, California refinery and ARCO retail operation for approximately US$2.5 billion. Tesoro said the transaction will boost its earnings per share by 24% in both of the initial two years of operations. Tesoro, an independent petroleum refiners and marketers in the United States, has a market capitalization of US$5.43 billion. There were 15.16 million stock shares traded in the last trading session, which was 3.5 times more than average volume. Observing comprehensive analysis of Tesoro stock could help investors avoid big lost in investment. Check TSO earnings forecast report below.
Read Full Report: http://www.earningforecast.com/PR/081412A/TSO/Tesoro.pdf
Focus Media Holding Limited (ADR) (NASDAQ:FMCN): On August 13, Focus Media Holding Limited (ADR) (NASDAQ:FMCN) announced that its Board of Directors has received a preliminary non-binding proposal letter from affiliates of FountainVest Partners, The Carlyle Group, CITIC Capital Partners, CDH Investments and China Everbright Limited and Mr. Jason Nanchun Jiang, Chairman of the Board and Chief Executive Officer of Focus Media, and his affiliates that proposes a "going-private" transaction for US$27.00 in cash per American depositary share, or US$5.40 in cash per ordinary share. Focus Media has not made a decision about the proposed transaction. At the close of the trading day, shares of Focus Media rose 8.85% higher, moving up US$2.07 to US$25.45 per share. Abnormal trading volume of Focus Media was found reaching 15.07 million shares, 6.6 times heavier than usual day trading. Do you think now is a good time to buy or sell Focus Media stock? See FMCN earnings forecast report here.
Read Full Report: http://www.earningforecast.com/PR/081412A/FMCN/FocusMedia.pdf
Facebook Inc. (NASDAQ:FB): Facebook Inc. (NASDAQ:FB) shares began the trading session with US$22.15 and throughout the session soared to a high of US$22.45. Still, the stock finally dropped 0.95% to US$21.60. There were 24.84 million shares of Facebook exchanging hands as compared to its average daily volume of 28.56 million shares. Facebook's low point in its 52-week range is US$19.82 per share, with US$45.00 as the 52-week high point. Its price, as of the latest close, was up 9.0% compared with the 52-week low and was 108% below the 52-week high. Do you think Facebook stock will rebound or continue to drop? Do you think now is a good time to sell the stock? Investors could check FB earnings forecast report here.
Read Full Report: http://www.earningforecast.com/PR/081412A/FB/Facebook.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:
Apple Inc. (NASDAQ:AAPL):
Read Full Report: http://www.earningforecast.com/PR/081412A/AAPL/Apple.pdf
General Electric Company (NYSE:GE):
Read Full Report: http://www.earningforecast.com/PR/081412A/GE/GeneralElectric.pdf
SYSCO Corporation (NYSE:SYY):
Read Full Report: http://www.earningforecast.com/PR/081412A/SYY/SYSCO.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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