C, BOH, JPM, PIR, VRTU, SNI Expected To Be Up Before Next Earnings Releases
March 28, 2011 / M2 PRESSWIRE / BUYINS.NET / www.squeezetrigger.com is monitoring the performance of all stocks with earnings being released in the coming weeks and determining how the stocks have performed Before their last 12 quarterly, 6 quarterly and 6 Consecutive Days earnings reports. CITIGROUP INC (NYSE:C), BANK OF HAWAII CORP (NYSE:BOH), JPMORGAN CHASE & CO (NYSE:JPM), PIER 1 IMPORTS INC (NYSE:PIR), VIRTUSA CORP (NASDAQ:VRTU), SCRIPPS NETWORKS INTER-CL A (NYSE:SNI) are all expected to be Up Before their earnings are released Monday. 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 Up Before earnings are released Monday:
Symbol Company # of Reports Quarter Release Date C CITIGROUP INC 6 Quarter Q1 04/18/2011 BOH BANK OF HAWAII CORP 6 Quarter Q1 04/18/2011 JPM JPMORGAN CHASE & CO 6 Quarter Q1 04/13/2011 PIR PIER 1 IMPORTS INC 12 Quarter Q4 04/07/2011 VRTU VIRTUSA CORP 6 Quarter Q4 05/11/2011 SNI SCRIPPS NETWORKS INTER-CL A 6 Quarter Q1 05/05/2011This 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.
CITIGROUP INC (NYSE:C) - Citigroup, Inc., a global financial services company, provides consumers, corporations, governments, and institutions with a range of financial products and services, including consumer banking, credit cards, corporate and investment banking, securities brokerage, and wealth management. The company has two primary segments, Citicorp and Citi Holdings. The Citicorp segment operates as a global bank for businesses and consumers with two primary businesses, Regional Consumer Banking and Institutional Clients Group. The Regional Consumer Banking business provides traditional banking services, including retail banking, branded cards, and small commercial banking in North America, Asia, Latin America, and Europe, the Middle East, and Africa. The Institutional Clients Group business provides securities and banking services, including investment banking and advisory services, lending, debt and equity sales and trading, institutional brokerage, foreign exchange, structured products, cash instruments and related derivatives, and private banking; and transaction services consisting of treasury and trade solutions, and securities and fund services. The Citi Holdings segment has three businesses: Brokerage and Asset Management, Local Consumer Lending, and Special Asset Pool. The Brokerage and Asset Management business, through its 49% stake in Morgan Stanley Smith Barney joint venture and Nikko Cordial Securities, offers retail brokerage and asset management services. The Local Consumer Lending business provides residential mortgage loans, retail partner card loans, student loans, personal loans, auto loans, commercial real estate, and other consumer loans, as well as western European cards and retail banking services. The Special Asset Pool business is a portfolio of securities, loans, and other assets. Citigroup Inc. has approximately 200 million customer accounts and operates in approximately 140 countries. The company was founded in 1812 and is based in New York, New York.
BANK OF HAWAII CORP (NYSE:BOH) - Bank of Hawaii Corporation operates as the holding company for Bank of Hawaii that provides a range of financial services and products in Hawaii and the Pacific Islands. The company operates in four segments: Retail Banking, Commercial Banking, Investment Services, and Treasury. The Retail Banking segment offers financial products and services to consumers and small businesses. It offers loan and lease products, which include residential mortgage loans, home equity lines of credit, automobile loans and leases, and installment loans; deposit products that consist of checking, savings, and time deposit accounts; and retail life insurance products and merchant services to small business customers. This segment also offers online and mobile banking services. The Commercial Banking segments product lines comprise corporate banking, commercial real estate loans, commercial lease financing, auto dealer financing, and deposit and cash management. It offers commercial lending, deposit, and cash management services to middle-market and large companies; and commercial real estate mortgages to investors, developers, and builders domiciled in Hawaii. In addition, this segment provides syndicated lending activities and international banking. The Investment Services segment provides private banking, trust services, asset management, and institutional investment advisory services. It serves individuals and families, high-net-worth individuals, corporations, government entities, and foundations. This segment also provides brokerage services for equities, mutual funds, life insurance, and annuity products. The Treasury segment offers corporate asset and liability management services, including interest rate risk management and foreign exchange services. As of December 31, 2009, the company operated 71 Hawaii branch locations, 12 branches in the Pacific Islands, and 485 ATMs in Hawaii and the Pacific Islands. The company was founded in 1897 and is headquartered in Honolulu, Hawaii.
JPMORGAN CHASE & CO (NYSE:JPM) - JPMorgan Chase & Co., a financial holding company, provides various financial services worldwide. The companys Investment Bank segment provides investment banking products and services, including advising on corporate strategy and structure, capital raising in equity and debt markets, risk management, market-making in cash securities and derivative instruments, and prime brokerage and research. This segment serves corporations, financial institutions, governments, and institutional investors. Its Commercial Banking segment provides lending, treasury services, investment banking, and asset management services to corporations, municipalities, financial institutions, and not-for-profit entities. The companys Treasury and Securities Services segment offers transaction, investment, and information services. It also offers cash management, trade, wholesale card, and liquidity products and services to small and mid-sized companies, multinational corporations, financial institutions, and government entities. Its Asset Management segment provides investment and wealth management services to institutions, retail investors, and high-net-worth individuals. It also offers global investment management in equities, fixed income, real estate, hedge funds, private equity, and liquidity products, including money market instruments and bank deposits; and trust and estate, banking, and brokerage services, as well as retirement services. The companys Retail Financial Services segment offers retail banking and consumer lending services that include checking and savings accounts, mortgages, home equity and business loans, and investments through ATMs, online banking, and telephone banking, as well as auto dealerships and school financial-aid offices. Its Card Services segment issues credit cards and processes various credit card payments. JPMorgan Chase & Co. was founded in 1823 and is headquartered in New York, New York.
PIER 1 IMPORTS INC (NYSE:PIR) - Pier 1 Imports, Inc. operates as an importer and specialty retailer of imported decorative home furnishings and gifts in the United States, Canada, and Mexico. It operates retail stores under the name of Pier 1 Imports. These stores offer various furniture, decorative home furnishings, dining and kitchen goods, bath and bedding accessories, candles, gifts, housewares, seasonal assortments, and other specialty items for the home. The companys decorative accessories include decorative wood accents, lamps, vases, dried and artificial flowers, baskets, ceramics, dinnerware, bath and fragrance products, candles, bedding, and seasonal and gift items. Its furniture products comprise furniture and furniture cushions to be used in living, dining, office, kitchen and bedroom areas, sunrooms, and on patios, as well as consists of wall decorations and mirrors. As of August 28, 2010, the company operated 1,048 stores in the United States and Canada, as well as operated 36 locations in Mexico. Pier 1 Imports, Inc. was founded in 1970 and is headquartered in Fort Worth, Texas.
VIRTUSA CORP (NASDAQ:VRTU) - Virtusa Corporation provides information technology (IT) services to clients across North America, Europe, the Middle East, and Asia. Its IT consulting services include assessment and planning services comprising application inventory and portfolio assessment, business/technology alignment analysis, IT strategic planning, and quality assurance process consulting; architecture and design services that include enterprise architecture analysis, technology roadmaps, product evaluation and selection, and business process analysis and design; and governance-related services, including program governance and change management, program management planning, and IT process/methodology consulting. Virtusa also offers technology implementation services comprising application development, package implementation and integration, software product engineering, business process management implementation, and enterprise content management; systems consolidation and rationalization, technology migration and porting, and Web-enablement of legacy applications; data warehousing services, such as data management and transformation, and business intelligence, reporting, and decision support services; and testing services that include testing frameworks, automation of test data and cases, and test cycle execution. Its application outsourcing services include application and platform management services, including production support, maintenance and enhancement of custom-built and package-based applications, and ongoing software engineering services; infrastructure management services comprising systems and database administration, and monitoring; and quality assurance management services. It serves communications and technology, banking, financial services, insurance, media, and information industries. The company was formerly known as eRunway, Inc. and changed its name to Virtusa Corporation in April 2002. Virtusa was incorporated in 1996 and is headquartered in Westborough, Massachusetts.
SCRIPPS NETWORKS INTER-CL A (NYSE:SNI) - Scripps Networks Interactive, Inc. operates as a lifestyle content and interactive services company in the United States and internationally. The company operates through two segments, Lifestyle Media and Interactive Services. The Lifestyle Media segment includes national television networks, such as Home and Garden Television, Food Network, Travel Channel, DIY Network, Great American Country, Fine Living Network, and SN Digital, which includes Web sites that are associated with the aforementioned television brands; and other Internet-based businesses serving food or shelter related categories, such as RecipeZaar.com, HGTVPro.com, and FrontDoor.com. The Interactive Services segment provides online comparison shopping service, Shopzilla, and its related online comparison shopping brands, bizrate and beso. Its product comparison shopping services help consumers find products offered for sale on the Web by online retailers. Shopzilla also operates a Web-based consumer feedback network within the bizrate brand that collects millions of consumer reviews of stores and products each year. The company is headquartered in Cincinnati, Ohio. As of July 01, 2008, Scripps Networks Interactive, Inc. operates independently of EW Scripps Co.
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