AAR Corporation, (AIR): Founded in 1951, headquartered in Wood Dale, Illinois, AAR Corporation provides wide range of products and services for the aviation/ aerospace industry. The company serves airline and defense customers through four operating segments: Aviation Supply Chain, Maintenance, Repair and Overhaul, Structures and Systems, and Aircraft Sales and Leasing. The company operates out of 60 locations worldwide, and employ about 6,000 people.
The company posted better than expected profit in last four of four quarters by an average of 3.73%. Market is expecting a profit of 25 cents per share for the quarter ended August 2009, which is 20 cents less than the posted profit in the same quarter a year ago.
AIR is in my SHORT sell watch list for short term trading. Earnings for the quarter ended August 2009 is scheduled to be released on September 22, 2009 after market close.
AutoZone, Inc., (AZO): Founded in 1972, headquartered in Memphis, Tennessee, AutoZone is a retailer, distributor of automotive replacement parts and accessories with more than 4,200 stores located in United States, Puerto Rico, and Mexico. Each store carries an-extensive line for cars, sport utility vehicles, vans and light trucks, including new and re-manufactured hard parts, maintenance items and accessories.
The company posted better than expected profit in last four of four quarters. Market is expecting a profit of $4.45 for the quarter ended August 2009, which is 57 cents more than its actual posted profit for the same quarter a year ago.
AZO is in my BUY watch list for short term trading. Earnings for the quarter ended August 2009, is scheduled to be released on September 23, 2009, before market open.
