CACB, FOLD, NOVA, LB, ACU Expected To Be Lower After Earnings Releases on Thursday
October 27, 2009 / M2 PRESSWIRE / BUYINS.NET / www.squeezetrigger.com is monitoring the performance of all stocks with earnings being released Thursday, October 29th and determining how the stocks have performed after their last 12 quarterly, 6 quarterly and September earnings reports. Cascade Bancorp (NASDAQ: CACB), Amicus Therapeutics (NASDAQ: FOLD), NovaMed (NASDAQ: NOVA), LaBarge (NYSE: LB) and Acme United (NYSE: ACU) are all expected to be lower after their earnings are released Thursday. The movement of stock prices in the days and weeks leading to and following these earnings announcements may follow a predictable pattern. Most companies stock price histories show random or unpredictable movements around earnings dates. But some seem to repeat the same pattern quarter after quarter, year after year. The # of Reports in the table below shows how many previous quarterly reports comprise the indicator that predicts how a stock will act after its earnings are released. The specific technology used to make these predictions is available for a low monthly fee at http://www.squeezetrigger.com/services/strat/mh.php . The following stocks are expected to go lower after earnings are released Thursday:
Symbol Company # of Reports Quarter Release Time
CACB Cascade Bancorp Inc. 12 quarters Q3 Before
FOLD Amicus Therapeutics 12 quarters Q3 After
NOVA NovaMed Inc. 12 quarters Q3 Before
LB LaBarge, Inc. 12 quarters Q1 Before
ACU Acme United Corp. October earnings Q3 Before
Earnings, or profits, drive stock prices. The market values a company based on its current and anticipated future ability to make money. The market takes the earnings pulse of a company four times per year when quarterly reports are issued. When this information is released it can often be a trend-changing or a trend confirming event because the information is so vital to the market's perception of the vitality of that company.
This technology is designed to help the stock trader identify those companies that seem to have a consistent pattern of movement before or after the earnings release date, based on the history of earnings releases for that company. It combines a calendar of expected earnings releases with a history of past earnings releases in a way that lets you see if a pattern exists.
Cascade Bancorp (NASDAQ: CACB) operates as the holding company for Bank of the Cascades that provides a range of commercial and retail banking services. It primarily engages in generating deposits and originating loans. The companya�s deposit products comprise checking, savings, money market, and time deposit accounts. Its loan portfolio includes commercial real estate loans, real estate construction and development loans, commercial and industrial loans, and residential mortgage loans, as well as consumer installment, line-of-credit, credit card, and home equity loans. In addition, the company provides cash management, investment and trust related services, Internet banking, electronic bill payment services, and automated teller machines and safe deposit facilities. It serves small to medium-sized businesses, municipalities and public organizations, and professional and consumer relationships. As of December 31, 2008, Cascade Bancorp operated 33 branches, including 11 in Central Oregon, 3 in the Salem/Keizer area, 6 in Southern Oregon, 1 in Portland, and 12 branches in the greater Boise area. The company was founded in 1977 and is headquartered in Bend, Oregon.
Amicus Therapeutics, Inc. (NASDAQ: FOLD), a biopharmaceutical company, focuses on the discovery, development, and commercialization of orally-administered, small molecule drugs, known as pharmacological chaperones, for the treatment of various human genetic diseases. Pharmacological chaperones selectively bind to the target protein, increase the stability of the protein, help it fold into the three-dimensional shape, and allow proper trafficking of the protein, thereby increasing protein activity, enhance cellular function, and reduce cell stress. It is primarily targeting lysosomal storage disorders, which are severe, chronic genetic diseases. The companya�s products include Amigal, which has completed Phase II clinical trial for the treatment of Fabry disease; Plicera, a Phase II clinical trial product for the treatment of Gaucher disease; and AT2220, a Phase II clinical trial product for the treatment of Pompe disease. Amicus Therapeutics has a strategic collaboration with Shire Pharmaceuticals Ireland Ltd. to jointly develop three lead pharmacological chaperone compounds for lysosomal storage disorders. The company was founded in 2002 and is based in Cranbury, New Jersey.
NovaMed, Inc. (NASDAQ: NOVA), a health care services company, engages in the ownership and operation of ambulatory surgery centers (ASCs) in joint ownership with physicians in the United States. The companya�s physicians perform various surgical procedures in the areas of ophthalmology, pain management, gastroenterology, urology, otolaryngology (ENT), plastic surgery, and gynecology, as well as in the area of orthopedics, including podiatry. It also provides excimer lasers and other services to ophthalmologists for their use in performing laser vision correction surgery. In addition, the company owns and operates optical laboratories, which manufacture and distribute corrective lenses and eyeglasses to both affiliated and non-affiliated ophthalmologists and optometrists; an optical products purchasing organization; and a marketing products and services business, which provides a range of products and services, including brochures, videos, advertising and Web site design, education and training programs, and consulting services for eye care professionals and vendors. Further, NovaMed offers management services to eye care practices pursuant to long-term service agreements. As of March 15, 2009, it owned and operated 37 ASCs in 19 states. The company was formerly known as NovaMed Eyecare, Inc. and changed its name to NovaMed, Inc. in March 2004. NovaMed was founded in 1995 and is based in Chicago, Illinois.
LaBarge, Inc. (NYSE: LB), a contract manufacturer, provides electronic and electromechanical systems and devices, and interconnect systems for customers in the defense, government systems, medical, aerospace, natural resources, industrial, and other commercial markets in the United States. The company manufactures, engineers, and designs interconnect systems, printed circuit board assemblies, high-level assemblies, and electronic systems. It produces electronic equipment for use in various high-technology applications, including military communication, radar, and weapons systems; industrial automation; military and commercial aircraft; satellites; space launch vehicles; oil and gas wells; mine automation equipment; and medical devices. The company was founded in 1950 and is based in St. Louis, Missouri.
Acme United Corporation (NYSE: ACU), together with its subsidiaries, supplies cutting, measuring, and safety products to the school, home, office, and industrial markets in the United States, Canada, Europe, and Asia. Its cutting device products include scissors, shears, guillotine paper trimmers, rotary paper trimmers, rotary cutters, hobby knives and blades, chef shears, utility knives, manicure products, medical cutting instruments, and pencil sharpeners. The companya�s measuring instrument products comprise rulers, math tools, and tape measures. Its safety products include first aid kits, personal protection products, and over-the-counter medication refills. The company markets its products primarily under the Westcott, Clauss, and PhysiciansCare brands. Acme United Corporation distributes its products through independent manufacturer representatives and direct sales forces to wholesale, contract, and retail stationery distributors, office supply super stores, school supply distributors, industrial distributors, wholesale florists, mass market retailers, and hardware chains. The company was founded in 1867 and is headquartered in Fairfield, Connecticut.
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