Jim Cramer was giving another private equity target on tonight's MAD MONEY on CNBC, but it turned out to be two picks rather than one. He reminded not to speculate ... Read Full Story »
Tonight, Cramer admitted defeat in IBM (IBM) and Amazon.com (AMZN-NASDAQ) in his SELL BLOCK on CNBC.IBM (IBM) is one that Cramer said he got wrong after the recent pro-shareholder moves. ... Read Full Story »
Baidu.com Inc. (BIDU-NASDAQ) is rocking in after-hours trading. Revenues came in at $35.7 million (adjusted from RMB275.6 million-Chinese currency) and net income came in at $0.37 non-GAAP diluted EPS equivalent. ... Read Full Story »
Microsoft (MSFT) earnings came out: $0.49 EPS (adjusted) & $14.4 Billion revenues vs. $0.46 and $13.89 Billion estimates. Guidance next quarter: $0.37-0.39 EPS & R$13.1-13.4 Billion vs. $0.40 & $13.3B ... Read Full Story »
KLA-Tencor (KLAC),the No. 2 U.S. chip-equipment maker, was expected to report a profit of 78 cents a share on sales of $709 million for its fiscal third quarter.And KLAC reported ... Read Full Story »
SanDisk Corp. (SNDK-NASDAQ) just posted revenues of $786 million; GAAP EPS $0.00; and non-GAAP EPS $0.19. Wall Street was forecasting revenues of $756.9 million and non-GAAP EPS of $0.17. The ... Read Full Story »
Broadcom (BRCM) is well off its 52-week high of $42.10, and that got much worse with earnings. The first reaction was to send shares down over 5%. Net revenue for ... Read Full Story »
Both XM Satellite Radio (XMSR-NASDAQ) and Sirius Satellite Radio (SIRI-NASDAQ) managed to post large gains on the day after XM reported this morning. Standard & Poor's is Maintaining its "3 ... Read Full Story »
Wall Street is having a hard time believing it, shares of Amazon, Inc. (AMZN) have gone up 49% in the last month. In just the past few days the share ... Read Full Story »
On today’s STOP TRADING segment on CNBC, Jim Cramer interviewed Brunswick’s (BC-NYSE) CEO Dustan McCoy. The company showed bad numbers with profits down 30% and seeing a 10% stock gain ... Read Full Story »
Edmunds early look at April car sales does not inspire confidence in automotive stocks.Adjusted for the fact that April has one less selling day this year their expectations are that ... Read Full Story »
The market is barley trading higher today as strong profit reports from names like Apple Inc. (APPL) and 3M Corp. (MMM) failed to galvanize Wall Street a day after the ... Read Full Story »
Peter Lynch, who had one of the great investment track records while at Fidelity once made this point: "An amateur investor can pick tomorrow's big winners by paying attention to ... Read Full Story »
Valero (VLO) stock is breathing fresh all-time highs today, and it still trades at less than 10-times forward earnings projections. The company reported net income for the March quarter of ... Read Full Story »