|
| IN PARTNERSHIP WITH |
|
Article Contributed by |
| THIS MORNING'S STOCKS TO WATCH |
| News That Broke Before
the Bell (Frequent Updates from 4 p.m. to 9:30 a.m.: Hit Reload for the Latest News) Monday December 17, 2001 GLOBAL
INDUSTRIES LTD (GLBL, 7.30)- The provider of intermediate water
offshore construction services warned that its 2001 revenues will fall
short of expectations. The company now sees revenues of $400-$410
million compared to analysts' estimates of $438 million. The company
sees full year 2002 earnings of $0.30-$0.40 per share, above analysts'
estimates of 26 cents. PETRO-CANADA (PCZ, 23.60)- The
oil company said its exposure to the Enron debacle will reduce its fourth
quarter earnings by six cents. R.G. BARRY CORP (RGB, 4.75)- The
footwear maker received a favorable mention in this weekend's
Barron's. An analyst sees the stock rising to the "double
digits". STEARNS & LEHMAN INC (SLHN, 3.70)-
The maker of specialty beverage products said its second quarter earnings
slipped a penny to 14 cents per share. Revenues in the quarter rose
24.4% to $6.55 million. VALUE LINE INC (VALU, 40.25)- The
investment publisher and investment management company said its second
quarter earnings fell 15.3% to 55 cents per share. Revenues in the
quarter dropped 15.2% to $21.78 million. |
Disclaimer: THE OPINIONS EXPRESSED ARE THOSE OF THE AUTHORS, TULIPS AND BEARS, AND ARE NOT MEANT TO BE TAKEN AS INVESTMENT ADVICE BY ANY READER.THE MENTION OF ANY SECURITIES IN THIS ARTICLE IS NOT TO BE TAKEN AS A RECOMMENDATION TO BUY OR SELL SAID SECURITIES. READERS SHOULD NOT ASSUME THAT STRATEGIES DISCUSSED WILL BE PROFITABLE UNDER ALL CIRCUMSTANCES OR MARKET CONDITIONS. THERE IS AN ELEMENT OF RISK IN ALL TRADING DECISIONS. TULIPS AND BEARS ASSUMES NO RESPONSIBILITY FOR ANY LOSSES INCURRED AS A RESULT OF READERS FOLLOWING ANY STRATEGIES DISCUSSED
Copyright 1999 Tulips and Bears LLC. All rights reserved.
