CBAK, RIMG, WBCO, LEGC, TAYC, NLS Expected To Be Down After Next Earnings Releases
April 27, 2011 / M2 PRESSWIRE / BUYINS.NET / www.squeezetrigger.com is monitoring the performance of all stocks with earnings being released Thursday, April 28th 2011 and determining how the stocks have performed After their last 12 quarterly, 6 quarterly and 6 Consecutive Days earnings reports. CHINA BAK BATTERY INC (NASDAQ:CBAK), RIMAGE CORP (NASDAQ:RIMG), WASHINGTON BANKING CO (NASDAQ:WBCO), LEGACY BANCORP INC (NASDAQ:LEGC), TAYLOR CAPITAL GROUP INC (NASDAQ:TAYC), NAUTILUS INC (NYSE:NLS) are all expected to be Down 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 Down After earnings are released Thursday:
Symbol Company # of Reports Quarter Release Time CBAK CHINA BAK BATTERY INC 6 Quarter Q2 After RIMG RIMAGE CORP 12 Quarter Q1 Before WBCO WASHINGTON BANKING CO 12 Quarter Q1 After LEGC LEGACY BANCORP INC 6 Quarter Q1 After TAYC TAYLOR CAPITAL GROUP INC 6 Quarter Q1 Before NLS NAUTILUS INC 6 Quarter Q1 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.
CHINA BAK BATTERY INC (NASDAQ:CBAK) - China BAK Battery, Inc. engages in the manufacture, commercialization, and distribution of various standard and customized lithium ion rechargeable batteries. The company offers various products, such as aluminum-case prismatic, cylindrical lithium-ion, high-power lithium-phosphate, and lithium polymer cells. Its products are used to power various applications comprising cellular phones; notebook computers; portable consumer electronics, such as digital cameras, portable media players, portable gaming devices, and personal digital assistants; and other applications, including cordless power tools, mining lamps, light electric vehicles, and hybrid electric vehicles. China BAK Battery sells its products to battery pack manufacturers, original equipment manufactures, and replacement battery manufacturers primarily in the Peoples Republic of China, Taiwan, India, the United States, and Hong Kong. The company was formerly known as Medina Coffee, Inc. and changed its name to China BAK Battery, Inc. in February 2005. China BAK Battery, Inc. was founded in 2001 and is based in Shenzhen, the Peoples Republic of China.
RIMAGE CORP (NASDAQ:RIMG) - Rimage Corporation engages in the development, manufacture, and marketing of high-performance digital publishing systems that are used by businesses to produce recordable CD, DVD, and blu-ray discs with customized digital content on an on-demand basis. Its digital publishing systems include the producer line of equipment for higher volume requirements for production of recordable CD, DVD, or blu-ray media; and the desktop line of products for office and other desktop applications. The companys producer line of products include Rimage 8100, 7100, and 6100 systems, part of the Producer III Series of publishing systems; Professional Series systems, including 5300N and 5100N, which are designed as network attached publishing systems; Everest printer for an on-demand surface printer to produce color and monochrome labels; Prism printer that provides laser quality monochrome and spot color printing on standard recordable CD and DVD media; and autoprinters. Its desktop series includes Rimage 2000i Desktop publishing system, a two-drive recorder; and Rimage 480i thermal inkjet printer. In addition, Rimage Corporation offers consumables consisting of media kits, ribbons, ink cartridges, parts, and Rimage-branded blank recordable CD, DVD, and blu-ray media. Additionally, it provides repair and installation services, as well as undertakes maintenance contracts. The company serves various markets, including digital photography, medical imaging, business services, law enforcement, and video workflows. It offers its products through its sales force, as well as through distributors, value added resellers, original equipment manufacturers, and other strategic partners in Europe, the United States, Latin America, and the Asia Pacific. Rimage Corporation was founded in 1987 and is headquartered in Minneapolis, Minnesota.
WASHINGTON BANKING CO (NASDAQ:WBCO) - Washington Banking Company operates as the bank holding company for Whidbey Island Bank that provides community commercial banking services in northwestern Washington. Its deposit products include interest-bearing demand and money market accounts, saving deposits, time deposits, negotiable order of withdrawal accounts, and non-interest-bearing deposits. The companys portfolio of loans comprises secured and unsecured commercial loans for working capital and expansion; real estate mortgage loans; and real estate construction loans, such as commercial real estate, one-to-four family residential construction, and speculative construction loans. Its consumer loan portfolio include automobile loans, boat and recreational vehicle financing, home equity and home improvement loans, and other secured and unsecured personal loans, as well as SBA guaranteed loans for small and medium sized businesses. As of June 30, 2010, Washington Banking Company operated 26 branches in 6 counties in northwestern Washington. The company was founded in 1961 and is based in Oak Harbor, Washington.
LEGACY BANCORP INC (NASDAQ:LEGC) - Legacy Bancorp, Inc. operates as the bank holding company for Legacy Banks that provides various financial products and services to individuals, families, and businesses. Its deposit products include checking accounts, regular savings accounts, money market deposits, and time deposits, including certificate of deposit accounts and individual retirement accounts. The company originates residential real estate loans secured by one-to-four-family residences, commercial real estate loans, residential and commercial construction loans, commercial loans, home equity lines-of-credit, fixed rate home equity loans, and consumer and other loans, including auto loans, manufactured housing loans, and loans secured by passbook savings or certificate accounts. It also offers insurance and investment products and services, investment portfolio management services, debit and credit card products, and online banking services. As of December 31, 2009, Legacy Bancorp operated through 19 branch offices located in western Massachusetts and eastern New York State. The company was founded in 1835 and is headquartered in Pittsfield, Massachusetts.
TAYLOR CAPITAL GROUP INC (NASDAQ:TAYC) - Taylor Capital Group, Inc. operates as the bank holding company for Cole Taylor Bank that provides a range of commercial banking products and services primarily to commercial customers and their owner operators in the Chicago metropolitan area. The company offers deposit products, such as checking, savings, negotiable order of withdrawal, and money market accounts, as well as time deposits and repurchase agreements to its business customers and community-based customers, including individuals, and small and local businesses. Its commercial lending activities primarily consist of loans for working capital, business expansion or acquisition, owner-occupied commercial real estate financing, revolving lines of credit, and stand-by and commercial letters of credit. The company also provides real estate construction and land loans consisting of loans to professional real estate developers for the construction of single-family homes, town-homes, condominium conversions, and commercial properties. In addition, it offers corporate treasury cash management services, which include Internet balance reporting, remote deposit capture, positive pay, automated clearing house products, imaged lock-box processing, controlled disbursement, and account reconciliation; and corporate trust services, such as paying agent and escrow services. Further, the company offers personal customized credit and wealth management services, as well as investment management and brokerage services through third-party providers. As of December 31, 2009, it operated nine banking centers in the Chicago metropolitan area. The company was founded in 1929 and is headquartered in Rosemont, Illinois.
NAUTILUS INC (NYSE:NLS) - Nautilus, Inc., together with its subsidiaries, operates as a fitness products company primarily in the United States and Canada. The company engages in designing, developing, sourcing, and marketing cardiovascular and strength products, and related accessories. It offers a line of rod-based home gyms, spiroflex home gyms, specialized cardio equipment, treadmills, selectorized dumbbells, upright and recumbent exercise bikes, ellipticals, indoor cycling bikes, and kettle bell weights and benches. Nautilus markets its products under the Bowflex, Nautilus, Schwinn Fitness, and Universal brand names. The company offers its products to health clubs, schools, hospitals, and other organizations through sporting goods stores, department stores, governmental agencies, smaller specialty retailers, and independent bike dealers. Nautilus was founded in 1986 and is headquartered in Vancouver, Washington.
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