(WAIR, GBLHF, ACTG, JBHT, NILE) Notable Stocks by Drstockpick.com
WAIR, Wesco Aircraft Holdings, Inc.
Wesco Aircraft Holdings, Inc. (NYSE: WAIR), a leading provider of comprehensive supply chain management services to the global aerospace industry, announced results for its fiscal first quarter ended December 31, 2011.
Revenue for the first fiscal quarter was $192.6 million, another quarterly record and an increase of 11.0% compared to $173.5 million in the prior year period. Wesco again demonstrated strong international growth during the quarter with revenues in the Rest of World segment increasing by 29.7% compared to the prior year. In the first quarter, Ad hoc, JIT and LTA sales as a percentage of net sales represented 35%, 31% and 34%, respectively, compared to 38%, 33% and 29%, respectively, for the same period last year.
Adjusted EBITDA for the first quarter was $47.4 million as compared to $44.1 million in the first quarter of 2011. The increase was due primarily to the growth in sales, partially offset by higher selling, general and administrative expenses. Net income for the first quarter of fiscal 2012 was $23.2 million, resulting in Diluted Earnings Per Share (EPS) of $0.24. This compared to $21.7 million, or $0.23 per share in the prior year period. Adjusted Net Income was $24.3 million, resulting in Adjusted Diluted Earnings Per Share of $0.26, compared to $23.0 million, or $0.25 per share in the prior year period.
Wesco is reiterating its full year fiscal 2012 guidance for revenues of between $760 million and $785 million, representing a growth rate of 7% to 10% over 2011 results. Diluted EPS and Adjusted Diluted EPS are expected to be in the range of $0.98 to $1.02, and $1.03 to $1.07, respectively. These EPS estimates are based on estimated 2012 fiscal year averages of 92.6 million basic shares and 95.8 million diluted shares.
Wesco Aircraft is one of the world’s largest distributors and providers of comprehensive supply chain management services to the global aerospace industry. The Company’s services range from traditional distribution to the management of supplier relationships, quality assurance, kitting, just-in-time delivery and point-of-use inventory management. The Company believes it offers the world’s broadest inventory of aerospace parts, comprised of approximately 475,000 different stock keeping units, including hardware, bearings, tools, electronic components and machined parts. Wesco Aircraft has more than 1,000 employees across 30 locations in 10 countries.
More about WAIR at www.wescoair.com
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Global Hunter (GBLHF.PK)
Global Hunter’s focus is on strategic and base metals, with an advanced stage copper oxide project in Chile and a highly prospective molybdenum property in British Columbia, Canada. GBLHF teams are working on developing the Corona de Cobre property in Chile and the Rabbit south property in British Columbia.
Copper has many applications in modern technology. One of its most fundamental is its use in the telegraph system. Hundreds of thousands of miles of copper telegraph lines have been laid across all continents of the earth and even sunk with weights and connected across the Atlantic Ocean. These connections form the basis of our system of long-distance communication, which lies at the very heart of modern global interaction. It is because of copper’s excellent electrical conduction qualities and resistance to corrosion that it has been so widely used.
La Corona de Cobre, Chile:
+18,000 hectare land package in coastal belt of Andean Cordillera of Chile on the Atacama Fault Zone.(”Chilean Iron-Copper Belt”)
Project Highlights
- Copper oxide deposit, leachable
- Existing NI 43-101 Resource Estimate (225 million pounds of copper)
- Management with proven track record
- Highly qualified technical team
- Low operating costs of appr. $ 1.00/lb (preliminary calculation)
- Substantial upside potential (resource covers less than 0.1% of total area)
Rabbit South, British Columbia:
1,900 hectare land package between two of British Columbia’s most successful copper mines (Afton and Highland Valley)
Project Highlights
- 1,900 hectares 26km from Kamloops, British Columbia, between the Afton and Highland Valley copper mines
- 86 holes drilled on property from 1979 to 2005
- Two large target areas identified
- Recent drilling confirms presence of wide-spread near-surface molybdenum mineralization
For more information please visit official website of GBLHF.PK: www.globalhunter.ca/homeabout.html
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Acacia Research Corporation (Nasdaq:ACTG) announced that its Summit Data Systems LLC subsidiary has entered into a settlement agreement with Buffalo Technology (USA), LLC. This agreement resolves patent litigation that was pending in the United States District Court for the District of Delaware. Acacia Research Corporation’s subsidiaries partner with inventors and patent owners, license the patents to corporate users, and share the revenue. Acacia Research Corporation’s subsidiaries control over 200 patent portfolios, covering technologies used in a wide variety of industries.
Acacia Research Corporation, through its subsidiaries, acquires, develops, licenses, and enforces patented technologies in the United States.
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J.B. Hunt Transport Services, Inc., (NASDAQ:JBHT) announced fourth quarter 2011 net earnings of $72.6 million, or diluted earnings per share of 61 cents vs. fourth quarter 2010 net earnings of $57.9 million, or 46 cents per diluted share. Fourth quarter 2011 results included $3.9 million of pretax expense related to severance agreements for executive retirees and a charitable contribution, which reduced net earnings by 2 cents per diluted share.
J.B. Hunt Transport Services, Inc., together with its subsidiaries, operates as a surface transportation, delivery, and logistics company in North America. It operates in four segments: Intermodal (JBI), Dedicated Contract Services (DCS), Full-Load Dry-Van (JBT), and Integrated Capacity Solutions (ICS).
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Blue Nile, Inc. (Nasdaq:NILE) announced that it will host a 2012 Analyst/Investor Day on Thursday, February 16th from 1:00-4:00 p.m. PT at the Renaissance Seattle Hotel at 515 Madison Street, Seattle, WA 98014. Chairman of the Board, Mark Vadon, Chief Executive Officer, Vijay Talwar, and Chief Financial Officer, David Binder, will be joined by members of the executive team to provide an overview of Blue Nile and an update on our long term strategic initiatives. Institutional analysts and investors interested in attending the meeting should contact the Company’s Investor Relations department at bluenileir@bluenile.com.
Blue Nile, Inc., together with its subsidiaries, operates as an online retailer of diamonds and fine jewelry worldwide.
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Tags: Acacia Research, ACTG, Blue Nile, GBLHF, Global Hunter, JB Hunt, JBHT, Nasdaq:ACTG, NASDAQ:JBHT, Nasdaq:NILE, NILE, Notable Stocks
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