COMV, CNX, CDR, NRIM Expected To Be Down Before Next Earnings Releases
June 17, 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 June earnings reports. COMVERGE INC (NASDAQ:COMV), CONSOL ENERGY INC (NYSE:CNX), CEDAR SHOPPING CENTERS INC (NYSE:CDR), NORTHRIM BANCORP INC (NASDAQ:NRIM) are all expected to be Down Before their earnings are released. 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 Before earnings are released Thursday:
Symbol Company # of Reports Quarter Release Date COMV COMVERGE INC 6 Quarter Q2 07/28/2011 CNX CONSOL ENERGY INC July Earnings Q2 07/28/2011 CDR CEDAR SHOPPING CENTERS INC 6 Quarter Q2 07/27/2011 NRIM NORTHRIM BANCORP INC 12 Quarter Q2 07/21/2011This 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.
COMVERGE INC (NASDAQ:COMV) - Comverge, Inc. provides peaking and base load capacity solutions to electric utilities, grid operators, and associated electricity markets in North America. Its Utility Products and Services segment offers Apollo Demand Response Management System software, a demand response platform that integrates with legacy paging systems and future AMI deployments; and load management solutions, such as the digital control unit, Superstat smart thermostat, In-Home Display, and PowerCAMP load management software to manage, operate, and maintain the electrical load. It also provides advanced meter reading systems, including Maingate Home, Maingate Commercial and Industrial, and PowerCAMP metering software to collect, manage, and analyze the use of electrical load. In addition, this segment offers virtual SCADA Systems consisting of digital capacitor control and service reconnect/disconnect devices for electric utilities to monitor and control distribution equipment and systems. The companys Residential Business segment provides various solutions that address peak and base load demands. This segments products and services comprise virtual peaking capacity program that provides a solution to alleviate stress on the electric grid by aggregating and coordinating the demands of load consuming equipment; and base load capacity program, which offers permanent load reduction through equipment upgrades, energy auditing and consulting, building automation, and lighting retrofits. It also offers utilities marketing services. Its Commercial and Industrial Business segment provides commercial and industrial demand management and energy management services. The energy management services include the assessment of market opportunities in deregulated and unregulated markets and the performance of energy auditing and implementation strategies. It has a strategic alliance with Sensus Metering Systems (Bermuda 2) Ltd. The company was founded in 1974 and is based in Norcross, Georgia.
CONSOL ENERGY INC (NYSE:CNX) - CONSOL Energy Inc. engages in the production of multi-fuel energy and provision of energy services primarily to the electric power generation industry in the United States. The company involves in the mining, preparation, and marketing of steam coal primarily to power generators; and metallurgical coal to steel and coke producers. It also produces pipeline-quality coalbed methane gas from its coal properties in the Northern and the Central Appalachian basin; and oil and gas from properties in the Appalachian and Illinois Basins. The company sells its methane gas primarily to gas wholesalers. As of December 31, 2009, it had proved and probable reserves of approximately 3,960 million tons of steam coal. The company was founded in 1991 and is based in Canonsburg, Pennsylvania.
CEDAR SHOPPING CENTERS INC (NYSE:CDR) - Cedar Shopping Centers, Inc., real estate investment trust, engages in the ownership, operation, development and redevelopment of supermarket-anchored community shopping centers and drug store-anchored convenience centers in the United States. As of December 31, 2007, it owned 118 properties, aggregating approximately 12.0 million square feet of gross leasable area primarily in Pennsylvania, Massachusetts, Virginia, Ohio, Connecticut, New Jersey, Maryland, Michigan, and New York. Cedar Shopping has elected to be treated as a REIT for federal income tax purposes and would not be subject to federal income tax, if it distributes at least 90% of its REIT taxable income to its stockholders. The company was founded in 1984 and is based in Port Washington, New York.
NORTHRIM BANCORP INC (NASDAQ:NRIM) - Northrim BanCorp, Inc., through its subsidiaries, which provides a range of banking products and services to businesses, professionals, and individuals in Alaska. Its deposit services include noninterest-bearing checking accounts and interest-bearing time deposits, checking accounts, and savings accounts. The companys loan portfolio comprises commercial and real estate lending, construction and land development lending, and consumer loans. Northrim BanCorp also offers other customer services, including telebanking, faxed account statements, Internet banking, automated teller services, personalized checks at account opening, overdraft protection from a savings account, extended banking hours, commercial drive-up banking with coin service, automatic transfers and payments, wire transfers, direct payroll deposit, electronic tax payments, automated clearing house origination and receipt, and cash management services. In addition, it provides investment advisory, insurance brokerage, trust, and wealth management services. As of December 31, 2009, the company operated 11 branches, including 7 in Anchorage, 2 in Fairbanks, and 1 each in Eagle River and Wasilla. Northrim BanCorp, Inc. was founded in 1990 and is headquartered in Anchorage, Alaska.
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