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Wed, March 14, 2012

GRC, LECO, FMER, ABCB, ODFL, USAP Expected To Be Up Before Next Earnings Releases


Published on 2012-03-14 03:40:20 - WOPRAI
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March 14, 2012 / 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. GORMAN-RUPP CO (AMEX:GRC), LINCOLN ELECTRIC HOLDINGS (NASDAQ:LECO), Firstmerit Corp (NASDAQ:FMER), AMERIS BANCORP (NASDAQ:ABCB), Old Dominion Freight Line Inc (NASDAQ:ODFL), Universal Stainless and Alloy Products Inc (NASDAQ:USAP) are all expected to be Up 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 Up Before earnings are released Thursday:

  Symbol  Company                          # of Reports         Quarter  Release Date
  GRC     GORMAN-RUPP CO                   6 Quarter            Q1       04/26/2012
  LECO    LINCOLN ELECTRIC HOLDINGS        6 Quarter            Q1       04/26/2012
  FMER    Firstmerit Corp                  12 Quarter           Q1       04/26/2012
  ABCB    AMERIS BANCORP                   6 Quarter            Q1       04/26/2012
  ODFL    Old Dominion Freight Line Inc    6 Quarter            Q1       04/26/2012
  USAP    Universal Stainless and Alloy Products Inc  12 Quarter           Q1       04/26/2012
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.

GORMAN-RUPP CO (AMEX:GRC) - The Gorman-Rupp Company engages in the design, manufacture, and sale of pumps and related fluid control products worldwide. It offers a line of pumps, including self priming centrifugal, standard centrifugal, magnetic drive centrifugal, axial and mixed flow, rotary gear, diaphragm, bellows, and oscillating pumps. The companys larger pumps are sold principally for use in the construction, industrial, sewage, and waste handling fields; for boosting low residential water pressure; for pumping refined petroleum products, including the ground refueling of aircraft; for heating and cooling in heating, ventilating, and air conditioning (HVAC) applications; for dewatering and flood control purposes; and for various agricultural uses. Its fire protection pumps have applications in sprinkler systems, fire hydrants, stand pipes, fog systems, and deluge systems at hotels, banks, factories, airports, schools, and public buildings. The Gorman-Rupp Company sells small pumps for use in various products, such as food processing, chemical, photo processing, waste treatment, HVAC equipment, and appliances, as well as for automated explosives detection systems in airports. The company markets its products through a network of distributors, manufacturers representatives, third-party distributor catalogs, and direct sales. The Gorman-Rupp Company was founded in 1933 and is based in Mansfield, Ohio.

LINCOLN ELECTRIC HOLDINGS (NASDAQ:LECO) - Lincoln Electric Holdings, Inc., through its subsidiaries, manufactures and resells welding and cutting products worldwide. Its welding products include arc welding power sources, wire feeding systems, robotic welding packages, fume extraction equipment, consumable electrodes, and fluxes, as well as regulators and torches used in oxy-fuel welding and cutting. The company serves general metal fabrication, power generation and process industry, structural steel construction, heavy equipment fabrication, shipbuilding, automotive, pipe mills and pipelines, and offshore oil and gas exploration and extraction markets. It sells its products principally directly to users of welding products, as well as through industrial distributors, retailers, direct sales force and agents. Lincoln Electric Holdings Inc. has a strategic partnership with IPG Photonics Corporation. The company was founded in 1895 and is headquartered in Cleveland, Ohio.

Firstmerit Corp (NASDAQ:FMER) - FirstMerit Corporation operates as the bank holding company for FirstMerit Bank, N.A. that provides a range of banking, fiduciary, financial, insurance, and investment services to corporate, institutional, and individual customers in northern and central Ohio, and western Pennsylvania. The companys commercial business offers commercial term loans, revolving credit arrangements, asset-based lending, leasing, commercial mortgages, real estate construction lending, letters of credit, cash management services, and other depository products. Its retail business provides various financial products and services, including consumer direct and indirect installment loans, debit and credit cards, debit gift cards, residential mortgage loans, home equity loans and lines of credit, fixed and variable annuities, and ATM network services, as well as deposit products comprising checking, savings, money market accounts, and certificates of deposit. The companys wealth business provides asset management, private banking, financial planning, estate settlement and administration, and credit and deposit products and services. FirstMerit Corporation also offers trust and investment services, including personal trust and planning, and investment management; retirement plan services; retail mutual funds, other securities, variable and fixed annuities, personal disability and life insurance products, and brokerage services; and private banking services, including credit, deposit, and asset management solutions. As of December 31, 2009, it operated a network of 160 full service banking offices and 182 ATMs. The company was founded in 1855 and is headquartered in Akron, Ohio.

AMERIS BANCORP (NASDAQ:ABCB) - Ameris Bancorp operates as the bank holding company for the Ameris Bank that offers a range of banking products and services to retail and commercial customers in Georgia, Alabama, northern Florida, and South Carolina. The company engages in generating deposits and originating loans. Its deposit products and services primarily include commercial and retail checking accounts, regular interest-bearing savings accounts, money market accounts, individual retirement accounts, certificates of deposit, and time deposits. The companys loan portfolio comprises commercial real estate loans for acquisition, development, or construction of commercial properties; residential real estate mortgage loans; and agricultural financing for crop production, and the purchase of farm-related equipment or farmland, as well as the operations of dairies, poultry producers, livestock, and timber growers. Its loan portfolio also includes commercial and industrial loans to manufacturers, wholesalers and retailers of goods, service companies, and other industries for the acquisition, expansion, and working capital purposes; and consumer loans, such as motor vehicle, home improvement, home equity, student, and signature loans, as well as small personal credit lines. As of December 31, 2009, Ameris Bancorp operated 53 domestic banking offices. The company was founded in 1971 and is headquartered in Moultrie, Georgia.

Old Dominion Freight Line Inc (NASDAQ:ODFL) - Old Dominion Freight Line, Inc. operates as a less-than-truckload (LTL) motor carrier primarily in the United States. The company offers various LTL services and value-added logistics services. It provides a range of logistics services, including ground and air expedited transportation, supply chain consulting, transportation management, truckload brokerage, container delivery, and warehousing services. In addition, the company, through marketing and carrier relationships, offers door-to-door international freight services to and from North America, Central America, South America, and the Far East. As of December 31, 2009, it owned and operated a fleet of 5,390 tractors and 21,185 trailers, as well as operated 210 service centers. The company was founded in 1934 and is based in Thomasville, North Carolina.

Universal Stainless and Alloy Products Inc (NASDAQ:USAP) - Universal Stainless & Alloy Products Inc. manufactures and markets semifinished and finished specialty steel products, including stainless steel, tool steel, and other alloyed steels in the U.S. The company offers specialty steel products in the form of long products, such as ingots, blooms, billets, and bars; and flat-rolled products comprising slabs and plates. Universal Stainless sells to rerollers, forgers, service centers, original equipment manufacturers, which primarily include the power generation and aerospace industries, and wire redrawers. It also provides conversion services on materials supplied by its customers, as well as produces customized shapes primarily for original equipment manufacturers. Founded in 1994, the company is based in Bridgeville, Pa.

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