Quantcast

Daily Archives: July 23, 2008

Qualcomm Earnings Partly Immaterial As It Settles Nokia Suit (QCOM, NOK)

Posted: July 23, 2008 at 6:42 pm

Qualcomm Inc. (NASDAQ: QCOM) did come out with earnings after all, albeit quite late (very late if you've been here since 5:30 AM).  The company posted non-GAAP EPS of $0.55 ...
Read Full Story »
Ge_logo

Cramer Gets Behind General Electric (GE)

Posted: July 23, 2008 at 5:29 pm

On tonight's MAD MONEY on CNBC, Jim Cramer came out talking up the aspects of General Electric Co. (NYSE: GE). Cramer discussed how it is winning in financial services while ...
Read Full Story »

MEMC Meets Friday the 13th, Literally (WFR)

Posted: July 23, 2008 at 5:02 pm

MEMC Electronic Materials Inc. (NYSE: WFR) is a company that just can't seem to get its act together.  The stock is being crushed after its earnings report.  It appears that ...
Read Full Story »
Baidu_logo

Baidu.com Soars (BIDU)

Posted: July 23, 2008 at 4:20 pm

Baidu.com, Inc. (Nasdaq: BIDU) just posted its quarterly earnings report, and our conversions are into US Dollars rather than Chinese RMB.The Chinese internet search giant said operating income rose about ...
Read Full Story »
Qualcomm

Qualcomm (QCOM): Earnings Delayed, But Stock Rallies

Posted: July 23, 2008 at 4:00 pm

The afternoon did not start well for Qualcomm (QCOM) The German Federal Patent Court ruled on Wednesday that the company's GSM patent asserted in a case against the world's top ...
Read Full Story »
Amazon_logo_2

Amazon.com Delivers, Wall Street Wanted More Ahead (AMZN)

Posted: July 23, 2008 at 3:28 pm

Shares of Amazon.com Inc. (NASDAQ: AMZN) ar responding favorably to its earnings announcement.  The internet retail giant posted $0.37 EPS and $4.06 Billion in revenues versus estimates of $0.26 non-GAAP ...
Read Full Story »
Sad_clown

The 52-Week Low Club 7/23/2008 (MIR)(CVG)(ADTC)(FORM)

Posted: July 23, 2008 at 2:55 pm

Mirant (MIR) Downgrade from Lehman Brothers. Falls off to $30.90 from 52-week high of $44.61. Convergy (CVG) Good profits, but cuts forecast. Sells down to $12.69 from 52-week high of ...
Read Full Story »
Genentech_logo

Genentech & Roche Merger Coming Under More Fire (DNA)

Posted: July 23, 2008 at 2:17 pm

Genentech Inc. (NYSE: DNA) is running into some issues over the merger with Roche at $89.00 per share.  Wall Street DOES expect this merger to close with Genentech becoming a ...
Read Full Story »
Bank_of_america_logo

Bank of America Jams on Buyback and Dividend (BAC)

Posted: July 23, 2008 at 12:52 pm

Bank of America Corporation (NYSE: BAC) just made key announcements regarding the dividend and the share buyback plans.  It has just announced that it declared a regular quarterly dividend on ...
Read Full Story »
Amazon_logo

Will Bezos Get Last Laugh on Amazon.com Earnings? (AMZN)

Posted: July 23, 2008 at 12:16 pm

After the close of trading today we'll get earnings out of Amazon.com Inc.(NASDAQ: AMZN).  The internet retail giant's estimates from First Call are $0.26 non-GAAP EPS on $3.96 Billion.  Estimates ...
Read Full Story »
Anheuser_b_logo

Anheuser-Busch Short Selling Cash? (BUD)

Posted: July 23, 2008 at 10:41 am

Anheuser-Busch Companies Inc. (NYSE: BUD) reported earnings today, and no one is paying attention because of the InBev merger at $70.00 making this earnings report essentially a non-event.  But there ...
Read Full Story »
Costco_logo

Costco’s Biggest Discounted Store Item: Its Stock (COST)

Posted: July 23, 2008 at 9:28 am

Costco Wholesale Corp. (NASDAQ: COST) is taking a drumming this morning after it earnings warning.  What is interesting is that if you overlay the customers of American Express, you essentially ...
Read Full Story »

DJIA Components Post Strong Morning Earnings (T, BA, MCD, PFE, WMT)

Posted: July 23, 2008 at 7:39 am

This morning we had four different DJIA compomnents report earnings and so far all shares of these are indicated higher. AT&T (NYSE: T) posted $0.76 non-GAAP EPS vs. $0.76 estimates ...
Read Full Story »

DJIA Components Post Strong Morning Earnings (T, BA, MCD, PFE, WMT)

Posted: July 23, 2008 at 7:14 am

This morning we had four different DJIA components report earnings and so far all shares of these are indicated higher. AT&T (NYSE: T) posted $0.76 non-GAAP EPS vs. $0.76 estimates ...
Read Full Story »
Mcdonalds_logo

McDonald’s (MCD): Alms For The Poor

Posted: July 23, 2008 at 7:10 am

If the result from McDonald's (MCD) say anything it is that the low end of the consumer market in the US has not died off. For the second quarter, MCD ...
Read Full Story »