GPI, BBSI, CBKN, MNI, IBKC, RKT Expected To Be Down After Next Earnings Releases
April 25, 2011 / M2 PRESSWIRE / BUYINS.NET / www.squeezetrigger.com is monitoring the performance of all stocks with earnings being released Tuesday, April 26th 2011 and determining how the stocks have performed After their last 12 quarterly, 6 quarterly and 6 Consecutive Days earnings reports. GROUP 1 AUTOMOTIVE INC (NYSE:GPI), BARRETT BUSINESS SVCS INC (NASDAQ:BBSI), CAPITAL BANK CORP (NASDAQ:CBKN), MCCLATCHY CO-CLASS A (NYSE:MNI), IBERIABANK CORP (NASDAQ:IBKC), ROCK-TENN COMPANY -CL A (NYSE:RKT) are all expected to be Down After their earnings are released Tuesday. 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 Down After earnings are released Tuesday:
Symbol Company # of Reports Quarter Release Time GPI GROUP 1 AUTOMOTIVE INC 6 Quarter Q1 Before BBSI BARRETT BUSINESS SVCS INC April Earnings Q1 After CBKN CAPITAL BANK CORP 6 Quarter Q1 Before MNI MCCLATCHY CO-CLASS A 12 Quarter Q1 Before IBKC IBERIABANK CORP 6 Quarter Q1 After RKT ROCK-TENN COMPANY -CL A 6 Quarter Q2 AfterThis 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.
GROUP 1 AUTOMOTIVE INC (NYSE:GPI) - Group 1 Automotive, Inc., through its subsidiaries, engages in the marketing and sale of automotive products and services. It sells new and used cars and light trucks; arranges related financing, vehicle service, and insurance contracts; provides maintenance and repair services; and sells replacement parts. It primarily operates in metropolitan areas of the states of Alabama, California, Florida, Georgia, Kansas, Louisiana, Maryland, Massachusetts, Mississippi, New Hampshire, New Jersey, New York, Oklahoma, South Carolina, and Texas in the United States, as well as in the towns of Brighton, Farnborough, Hailsham, Hindhead, and Worthing in the United Kingdom. As of February 22, 2011, it owned and operated 101 automotive dealerships, 130 franchises, and 26 collision service centers in the United States and the United Kingdom that offer 30 brands of automobiles. The company was founded in 1995 and is headquartered in Houston, Texas.
BARRETT BUSINESS SVCS INC (NASDAQ:BBSI) - Barrett Business Services, Inc. provides human resource management services to small and medium-sized businesses primarily in California and Oregon. The company offers professional employer organization and staffing services. Its human resource management services include payroll and payroll taxes, employee benefits, health insurance, workers compensation coverage, workplace safety programs, compliance with federal and state employment laws, labor and workplace regulatory requirements, and related administrative responsibilities. The companys staffing services include on-demand or short-term staffing assignments, contract staffing, long-term or indefinite-term onsite management, direct placement, and human resource administration services. It serves electronics manufacturers, various light-manufacturing industries, forest products and agriculture-based companies, transportation and shipping enterprises, food processing, telecommunications, public utilities, general contractors in various construction-related fields, and various professional services firms. The company was founded in 1965 and is headquartered in Vancouver, Washington.
CAPITAL BANK CORP (NASDAQ:CBKN) - Capital Bank Corporation operates as the holding company for Capital Bank that provides general commercial banking products and services in North Carolina. Its deposit product line includes checking, savings, negotiable order of withdrawal, money market, and individual retirement accounts, as well as certificates of deposit. The companys loan product portfolio comprises loans for real estate, construction, businesses, agriculture, personal use, home improvement, and automobiles, as well as equity lines of credit, mortgage loans, credit loans, and consumer loans. It also offers safe deposit boxes; credit cards; bank money orders; Internet banking services; electronic funds transfer services, including wire transfers; and travelers checks, as well as notary services to its customers. In addition, the company provides automated teller machine services; and a line of uninsured investment products and services. As of March 22, 2010, the company had 32 branch offices in North Carolina, including 5 branch offices in Raleigh; 4 in Asheville; 4 in Burlington; 3 in Fayetteville; 3 in Sanford; 2 in Graham; and 1 each in Cary, Clayton, Hickory, Mebane, Morrisville, Oxford, Parkton, Siler City, Pittsboro, Wake Forest, and Zebulon. Capital Bank Corporation was founded in 1997 and is headquartered in Raleigh, North Carolina.
MCCLATCHY CO-CLASS A (NYSE:MNI) - The McClatchy Company operates as a newspaper publisher in the United States. The companys newspapers include The Miami Herald, The Sacramento Bee, the Fort Worth Star-Telegram, The Kansas City Star, The Charlotte Observer, and The (Raleigh) News & Observer. As of December 27, 2009, it owned 30 daily newspapers and approximately 43 non-dailies in 29 markets. The company also operates local Websites that offer users information, comprehensive news, advertising, e-commerce, and other services, as well as engages in direct marketing and direct mail operations. In addition, it owns a portfolio of digital assets, including 14.4% of CareerBuilder LLC, an online job site; and 33.3% of HomeFinder, LLC, which operates the online real estate Website HomeFinder.com., as well as 25.6% of Classified Ventures LLC, a newspaper industry partnership that offers classified Websites, such as the auto Website, cars.com and the rental site, Apartments.com. The McClatchy Company was founded in 1860 and is headquartered in Sacramento, California.
IBERIABANK CORP (NASDAQ:IBKC) - IBERIABANK Corporation operates as the holding company for IBERIABANK that offers commercial and retail banking products and services in the United States. The companys deposit products primarily include NOW accounts, savings and money market accounts, and certificate of deposits. Its loan portfolio comprises commercial loans, including real estate loans and business loans; mortgage loans consisting of residential one to four family loans and construction loans; and loans to individuals, such as indirect automobile loans and home equity loans. The company also offers brokerage, title insurance, and loan closing services, as well as wealth management services. In addition, the company sells variable annuities, life, health, dental, and accident insurance products. As of December 31, 2009, it operated 209 combined offices, including 136 bank branch offices in Louisiana, Arkansas, Florida, Alabama, Tennessee, and Texas; and 26 title insurance offices in Arkansas and Louisiana. The company was founded in 1887 and is headquartered in Lafayette, Louisiana.
ROCK-TENN COMPANY -CL A (NYSE:RKT) - Rock-Tenn Company manufactures and sells packaging products, recycled paperboard, containerboard, bleached paperboard, and merchandising displays worldwide. The companys Consumer Packaging segment offers folding cartons for packaging applications; express mail envelopes for the overnight courier industry; coated recycled and bleached paperboard for folding carton and other paperboard product manufacturers; and market pulp. This segment employs printing technologies, and supports customers with new product development, graphic design, and packaging systems services. Its Corrugated Packaging segment manufactures linerboard and corrugated medium, corrugated sheets and packaging, and preprinted linerboard for industrial and consumer product, and corrugated box manufacturers; converts corrugated sheets into corrugated products; and provides structural design and engineering services. Rock-Tenns Merchandising Displays segment produces temporary and permanent promotional point-of-purchase displays for consumer products companies; offers contract packing services; and produces lithographic laminated packaging. Its Specialty Paperboard Products segment sells specialty recycled paperboard to solid fiber interior packaging, tube and core, and other paperboard product manufacturers; produces gypsum paperboard liner; and converts specialty paperboard into book cover and laminated paperboard products for use in furniture, automotive components, storage, and industrial products. This segment also offers fiber partitions, such as solid fiber partitions for glass container manufacturers and producers of beer, food, wine, spirits, cosmetics, and pharmaceuticals; die-cut paperboard components; and specialty agricultural packaging for fruit and vegetable markets, and sheeted separation products, as well as sells recovered paper to paperboard, tissue, newsprint, roofing product, and insulation manufacturers. Rock-Tenn was founded in 1936 and is headquartered in Norcross, Georgia.
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