IMA, CTSH and other news

CTSH – Great earnings report but down ~5%.
* Revenue up 61% YoY and 8% over previous quarter. Wow. Beat analysts by 2%
* Earnings up 56%, beating expectations by 16%
* Forward guidance increased $30M in revenue and $0.03 EPS.
* European demand surged 84% (European business hit 14% of total)

Down because of concerns over slowing future growth. I think the concern is that CTSH can’t hire fast enough – the demand is there but they are struggling to meet it.
Another negative is margin pressure from wages and taxes.

I am strongly pleased by the European growth and it confirms my investing thesis that non-US growth is coming on strong.
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IMA – Solid but nothing exciting here.
* Sales up ~25%
* Earnings up from a loss of$0.09 to a gain of $0.14. Yummy.

I think they hit expectations, so no excitement. Also, the competition upped the offer for Biosite, which means IMA would have to pay more.
I think we are going to back out of this one.

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AMX – Up 2.7% Reverses most of the drop this week.
ATW – getting ready for earnings. Almost back to its 52 week high
CLB – Hit a new 52 week high
DIGE – Up 3% and hit a 2 month high
HOLX – Up 6%. Considering that they hit below $54 yesterday and closed today ~$63, I’d say some market manipulation took place yesterday. I say that because $54 happens to be the last bottom for the stock – and that’s where many folks would set their STOP orders. This happens too often and we got hit in February because of this imho
KSU – Up 2%
MDR – Up ~4%. And $0.08 off their 52 week high. Run MDR, run!
NUAN – Hit $15 and bounced back up hard.
PWR – Sliding still after peaking last week. Down 3.4% since then
TIE – regained a lot of ground, but still languishing
TRID – Down 10% in a few days on no news, then today 2 board of directors resign. What an obvious leak. This stock just kills me. How stinky is the company? Seriously? If I didn’t believe so much in their product and performance I wouldn’t accept this pain.
UCTT – Nice 6% tick up.
PCP – Up ~3% and bounced off their high.