From William Trent, CFA of Stock Market BeatWe took a different approach with our preview of Qualcomm’s (QCOM) earnings report this week. Rather than guessing whether the company would beat ... Read Full Story »
Travelzoo is a great website and they have 11 million fans that feel the same way too. You don't book tickets at Travelzoo.com, you click through to the travel provider ... Read Full Story »
Microsoft (MSFT-NASDAQ) reports after the close today. Street estimates for the software beast are $0.46 EPS & $13.89 Billion in revenues.The truth is that we can talk about guidance, we ... Read Full Story »
Comcast (CMCSA) had a break-out quarter. Net income rose 80% to $837 million. Revenue moved up 32% to $7.4 billion.Internet subscriptions rose 563,000, and VoIP customers moved up by 571,000, ... Read Full Story »
Level 3 Communications is a company that needs to beat and guide higher rather than "meet and reaffirm." This morning Level 3 is trading down about 3% in initial pre-market ... Read Full Story »
ExxonMobil (XOM) did well. Almost too well.From MarketWatch: Exxon Mobil Q1 total revenue $87.2B vs $88.98B Exxon Mobil Q1 earnings $1.62 vs $1.37Exxon Mobil Q1 net income $9.28B vs $8.4BAlways ... Read Full Story »
(AAPL) Apple shares traded up 10% after beating earnings hand over fist.(ABI) Applied Bio $0.36 EPS vs $0.35e.(AEP) American Electric Power $0.68 EPS vs $0.71 estimates.(AET) Aetna indicated slightly after ... Read Full Story »
AG raised to Mkt Perform at Wachovia.APU raised to Outperform at Wachovia.CHH raised to Outperform at CIBC.CNS raised to Buy at UBS.DOV raised to Buy at Deutsche Bank.EIC cut to ... Read Full Story »
Wonder of wonders. Ford (F) had and increase of revenue from $40.8 billion in the first quarter a year ago to $43 billion this year. The company's loss fell to ... Read Full Story »
Jeff Immelt, GE's (GE) CEO, recently said that he was "frustrated" by the performance of the company's shares. According to The New York Times: "Shares of G.E. have declined 5.8 ... Read Full Story »
Markets in Europe were up modestly at 6.10 AM New York time.The FTSE rose .4% to 6,485. Barclays (BCS) was down .2% to 722.5. BP (BP) was down .3% to ... Read Full Story »
Qualcomm (QCOM) turned in some very impressive numbers. Net income rose 22% to $726 million. The company raised the high end of its fiscal year revenue forecast from $8.6 billion ... Read Full Story »
The quarter was a blow-out success. Revenue rose 20% to $5.26 billion, and gross margins hit 35%. The company said, however, that these margins could not be sustained. NAND flash ... Read Full Story »
According to Reuters, ABN Amro (ABN) will open its books to the Royal Bank of Scotland and two other banks that have made a $98 billion bid.Reuters writes that Apple's ... Read Full Story »