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Taomee Holdings (TAOM) Q1 2013 Earnings Call May 23, 2013 08:00 am ET Executives Benson Wang – Chief Executive Officer Roc Cheng – President & Chief Operating Officer Paul Keung – Chief Financial Officer Na You – Investor Relation...
Taomee Holdings (TAOM) Q1 2013 Earnings Call May 23, 2013 08:00 am ET Executives Benson Wang – Chief Executive Officer Roc Cheng – President & Chief Operating Officer Paul Keung – Chief Financial Officer Na You – Investor Relations Analysts Zim Yin – Stifel Nicolaus Andy Yeung – Oppenheimer Presentation Operator Ladies and gentlemen, thank you for standing by and welcome to the Q1 2013 Taomee Holdings, Ltd. Earnings Conference Call. (Operator instructions.) I must advise you that this conference is being recorded today, Thursday, the 23rd of May, 2013. I would now like to hand the conference over to your first speaker today, Ms. Na You. Thank you, please go ahead. Na You Good morning and good evening ladies and gentlemen. Welcome to the Q1 2013 earnings conference call for Taomee. With me today are Mr. Benson Wang, our CEO; Mr. Roc Cheng, our President; and Mr.
18 minutes ago
We recently revised our price estimate for Chevron (CVX) to near $145. Our valuation adjustments were primarily based on the positive upstream production outlook as well as stable long-term growth seen in crude oil and natural gas pri...
We recently revised our price estimate for Chevron (CVX) to near $145. Our valuation adjustments were primarily based on the positive upstream production outlook as well as stable long-term growth seen in crude oil and natural gas prices. Chevron generated more than $230 billion in revenues during 2012 while net earning totaled more than $26 billion. The shares are trading around $125 currently. California-based Chevron is the second largest energy company in the U.S. after Exxon Mobil (XOM). The company manages its investments in subsidiaries and affiliates for which it provides administrative, financial, management, and technological support to its U.S. and international subsidiaries engaged in fully integrated petroleum, chemicals, and mining operations as well as power generation and energy services. What's Fueling Chevron's Growth? Like all the other integrated oil and gas companies, Chevron generates most of its cash flows from its upstream division that is primarily involved in exploration
19 minutes ago
Spartan Stores (SPTN) Q4 2013 Earnings Call May 23, 2013 9:00 am ET Executives Katie M. Turner - Managing Director of Healthy Living Dennis Eidson - Chief Executive Officer, President and Director David M. Staples - Chief Financial ...
Spartan Stores (SPTN) Q4 2013 Earnings Call May 23, 2013 9:00 am ET Executives Katie M. Turner - Managing Director of Healthy Living Dennis Eidson - Chief Executive Officer, President and Director David M. Staples - Chief Financial Officer, Principal Accounting Officer, Executive Vice President and Treasurer Analysts Ajay Jain - Cantor Fitzgerald & Co., Research Division Sam Knezevic - Northcoast Research Presentation Operator Good morning, and welcome to the Spartan Stores, Inc. Fourth Quarter and Fiscal Year 2013 Earnings Conference Call. [Operator Instructions] Please note, this event is being recorded. I would now like to turn the conference over to Katie Turner. Please go ahead. Katie M. Turner Thank you. Good morning, and welcome to Spartan Stores Fourth Quarter and Fiscal Year 2013 Earnings Conference Call. By now, everyone should have access to the earnings release for the fourth quarter ended March 30, 2013. For a copy of the
25 minutes ago
This article is an update to my prior articles (1 and 2) which I direct you to for background if you aren't familiar with the story. As a quick overview, Acorn Energy (ACFN) is a public company which makes investments in a small portfoli...
This article is an update to my prior articles (1 and 2) which I direct you to for background if you aren't familiar with the story. As a quick overview, Acorn Energy (ACFN) is a public company which makes investments in a small portfolio of private companies in the clean-tech and energy space. Prior to this quarter's earnings release, Acorn was a dividend paying stock; however, this dividend was discontinued in May as management will be facing a liquidity crunch in roughly 8 months (math below). But first, after reading through the transcript from the 1st quarter conference call posted here, new information on the cost and configuration of Acorn's subsidiary, USSI's product is available. USSI will increase well cost by as much as 300% On the first quarter 2013 conference call, several analysts asked about the implementation and costs of the USSI seismic system.
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Westell Technologies Inc. (WSTL) Q4 2013 Earnings Call May 23, 2013 9:30 am ET Executives Richard Gilbert – Chairman, President, Chief Executive Officer Brian Cooper – Senior Vice President, Chief Financial Officer Analysts Ryan ...
Westell Technologies Inc. (WSTL) Q4 2013 Earnings Call May 23, 2013 9:30 am ET Executives Richard Gilbert – Chairman, President, Chief Executive Officer Brian Cooper – Senior Vice President, Chief Financial Officer Analysts Ryan McDonald – Northland Securities Jeff Linroth – Leaving It Better Brian Horey – Aurelian Management Presentation Operator Good morning and welcome the Fourth Quarter Fiscal Year 2013 Earnings conference call. My name is Dawn and I will be the operator for today’s call. At this time, all participants are in a listen-only mode. Later we will conduct a question and answer session. Please note that this conference is being recorded. I will now turn the call over to Brian Cooper. Sir, you may begin. Brian Cooper Thank you, Dawn. I want to welcome everyone to our conference call covering the annual and fourth quarter results for Westell Technologies during our fiscal year 2013, which ended March
29 minutes ago
Back in 2010 I started buying shares in companies that I believed were set to profit from the under-appreciated horizontal revolution that was about to hit North American oil production. (click to enlarge) I managed to get invested in ...
Back in 2010 I started buying shares in companies that I believed were set to profit from the under-appreciated horizontal revolution that was about to hit North American oil production. (click to enlarge) I managed to get invested in horizontal oil producers before the boom in North American shale oil production really became front page news.Don't worry, I'm not patting myself on the back. I focused my investment dollars on Canadian horizontal producers which have not had anywhere near the stock price success that their American colleagues have. Quite the contrary unfortunately.To try and figure out if the American horizontal producers had something that my Canadian companies don't (possibly impacting market valuations) I started taking a look at American Bakken producer Continental Resources (CLR). (click to enlarge) Continental's production has been growing very rapidly over the past five years. The company has been focused almost exclusively on the
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So far, so good. Jobless claims dropped last week by 23,000 to a seasonally adjusted 340,000, or near the five-year low of 327,000 for the week through April 27. The fact that new filings for unemployment benefits continue to stay close ...
So far, so good. Jobless claims dropped last week by 23,000 to a seasonally adjusted 340,000, or near the five-year low of 327,000 for the week through April 27. The fact that new filings for unemployment benefits continue to stay close to the cyclical trough is an encouraging signal for anticipating that modest growth in the labor market will continue for the near term. Adding a bit of support for thinking positively is today's Markit Flash U.S. Manufacturing Purchasing Managers Index (PMI) for May, which shows that the sector is still growing, albeit at a slower rate this month.The trend deceleration in the PMI data would be troubling if the labor market was showing clear signs of distress. But jobless claims suggest otherwise. As the first chart shows, claims are still trending lower, which suggests that the economy will continue to mint new jobs a modest pace.
31 minutes ago
Following yesterday's testimony from Fed Chairman Ben Bernanke, if there was a week where investors may have wanted a weaker than expected jobless claims report, it was probably this one. While claims did not come in higher than expected...
Following yesterday's testimony from Fed Chairman Ben Bernanke, if there was a week where investors may have wanted a weaker than expected jobless claims report, it was probably this one. While claims did not come in higher than expected this week, they were only modestly better than expected, so those investors will have to take what they can get. While economists were looking for weekly claims to come in at 345K, the actual level came in at 340K, representing a 23K drop from last week.(click to enlarge)With this week's decline, the
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FiercePharma has some good figures to back up my posts the other day on R&D spending versus marketing. I mentioned how many people, when they argue that drug companies spend more on marketing than they do on research, are taking the en...
FiercePharma has some good figures to back up my posts the other day on R&D spending versus marketing. I mentioned how many people, when they argue that drug companies spend more on marketing than they do on research, are taking the entire SG&A number, and how companies tend to not even break out their marketing numbers at all. Well, the folks at Fierce had a recent article on marketing budgets in the business, and they take Pfizer's (PFE) numbers as a test case. That's actually a really good example: Pfizer is known as a mighty marketing machine, and for a long time they had what must have been the biggest sales force in the industry. They also have a lower R&D spend than many of their peers, as a percentage of sales. So if you're looking for the sort of skewed priorities that critics
35 minutes ago
TriQuint Semiconductor (TQNT) Barclays Global Technology, Media and Telecommunications Conference Call May 23, 2013, 9:00 am ET Executives Steven Buhaly - Chief Financial Officer Analysts Frank Teller - Barclays Presentation ...
TriQuint Semiconductor (TQNT) Barclays Global Technology, Media and Telecommunications Conference Call May 23, 2013, 9:00 am ET Executives Steven Buhaly - Chief Financial Officer Analysts Frank Teller - Barclays Presentation Frank Teller - Barclays Good morning, everyone. Thanks for joining us for Day 2 of the Barclays conference. My name is Frank Teller. I work with (inaudible). Thanks for joining us today. It is my pleasure to introduce the CFO of TriQuint, Steven Buhaly. He will walk us through his presentation here. They have got a very exciting outlook for the second half of this calendar year. So we would be interested in what Steve can provide us since the most recent earnings call. So, he will present and then we will have time for Q&A afterward. Then we will head to the breakout. So thank you very much. Steve? Thank you. Steven Buhaly Thank you, Frank, and thanks to
37 minutes ago