Tuesday, April 17, 2007
Position Updates: DIVX, BDK
Via Briefing:
DivX software to be bundled with Intel Media Series Motherboards (22.64 ) : Co announced that the next generation Intel Media Series motherboards will be bundled with DivX for Windows software.
| BDK Black & Decker increases Q1 EPS Guidance (83.72 +0.54) | |
| Co announced that, due to better-than-expected sales and operating margin, co increases EPS; Co anticipates Q1 EPS to be ~$1.60, vs Reuters consensus of $1.26, and up from previous guidance of $1.25-1.30. The Co expects to report 3% sales growth for the quarter, primarily from currency translation and the 2006 acquisition of Vector Products. Co says, "The Power Tools and Accessories segment benefited from strong international performance and favorable order patterns in the U.S. As a result, we expect to report first-quarter sales and earnings significantly above the guidance we issued in January. However, we continue to anticipate a challenging economic environment. Therefore we only expect to increase our full-year EPS guidance slightly when we report first-quarter results later this month." |
