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Monthly Archives: April 2009

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Picking Apart Microsoft Expectations (MSFT)

Posted: April 23, 2009 at 11:53 am

Microsoft Corp. (MSFT) will announce its highly awaited earnings after the close today.  Analysts are expecting $0.39 EPS on $14.09 billion in revenues.  That Thomson Reuters consensus number would compare ...
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The TARP Queen

Posted: April 23, 2009 at 10:54 am

Why we should all bow before Elizabeth Warren (even if you've never heard of her). By James Scurlock of The Big Money Five years from now, when Tesla Sedans and ...
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Over $150 Billion Coming In Treasury Auctions

Posted: April 23, 2009 at 10:35 am

The US Treasury is ready to open the floodgates next week in its planned Treasury auctions.  This pertains to its T-Bills and to coupon maturity notes.  The total tab looks ...
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Is UPS Foreshadowing For Amazon.com Earnings? (UPS, AMZN)

Posted: April 23, 2009 at 9:39 am

United Parcel Service, Inc. (NYSE: UPS) is trading off after the company reported poor earnings this morning.  There is an interesting angle here that could reflect on Amazon.com Inc. (NASDAQ: ...
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Exelon Results Mixed, But Maintains 2009 Outlook (EXC, NRG, RRI)

Posted: April 23, 2009 at 9:28 am

Electricity generator Exelon Corporation (NYSE:EXC) this morning reported EPS of $1.08 on revenue of $4.77 billion. Analysts' estimates averaged EPS of $1.14 and revenue of $4.62 billion. Non-GAAP EPS was ...
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Driller and Services Firm Beat the Street (NOV, DO)

Posted: April 23, 2009 at 8:57 am

Two oilfield services players reported earnings this morning. National Oilwell Varco, Inc. (NYSE:NOV) and Diamond Offshore Drilling Inc. (NYSE:DO) both beat expectations, but only Diamond is getting a boost this ...
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SunPower Soaks Up Florida Sun Ahead of Earnings (SPWRA, FPL)

Posted: April 23, 2009 at 8:28 am

Solar PV maker SunPower Corp. (NASDAQ: SPWRA) has won a two-year supply agreement with FPL Group (NYSE: FPL) for solar panels and tracking technology. The contract begins next year. SunPower ...
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Oil Earnings Clear the Low Bar (OXY, COP)

Posted: April 23, 2009 at 8:10 am

Occidental Petroleum Corp. (NYSE:OXY) and ConocoPhillips Corp. (NYSE:COP) reported a mixed bag of first quarter 2009 earnings this morning. Net income met analysts' expectations, but revenue did not. (more...) ...
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Analysts & Charts Capitulate in VMware (VMW)

Posted: April 23, 2009 at 8:02 am

VMware, Inc. (NYSE: VMW) is down sharply this morning on fairly aggressive selling.  The company's guidance is the culprit, and that is on top of soft revenues.  Then this morning ...
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Jobless Claims Show Double-Digit Unemployment Still Coming

Posted: April 23, 2009 at 7:34 am

The Labor Department has released its figures on weekly jobless claims, and the results are a gain of 27,000 to 640,000.  The numbers from last week's huge drop went from ...
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Geithner’s Protections Are Banking Opportunities Lost

Posted: April 23, 2009 at 7:09 am

By John Tamny of RealClearMarkets MIT economist Lester Thurow once observed that, "One man's security [protection] is another man's lack of opportunity." Thurow's words take on greater relevance today given ...
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Top10 Analyst Upgrades & Downgrades (ABB, APD, BP, BRCD, NAT, OSG, OVTI, TEVA, TRMB, WBS)

Posted: April 23, 2009 at 6:45 am

These are ten of the top analyst upgrades and downgrades that are independent of earnings news from Wall Street this Thursday morning: ABB (ABB) Cut to Hold at Societe Generale. ...
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If Banks Can Challenge Stress Tests, Are They Really Tests At All?

Posted: April 23, 2009 at 5:14 am

The purpose of the government's stress tests of the nation's 19 largest banks is to find out which will need capital. The evaluations are based on several artificial, and, perhaps, ...
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Treasury Talks With Chrysler May Foul Up GM (GM) Negotiations

Posted: April 23, 2009 at 4:59 am

The Treasury has started to sweeten terms for Chrysler creditors in an attempt to keep the car company out of Chapter 11. According to The Wall Street Journal, "The Treasury ...
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How Ken Lewis of B of A (BAC) Saved The Global Financial System

Posted: April 23, 2009 at 4:40 am

Ken Lewis, head of Bank of America (BAC), may be the most reviled financial executive in the United States. He bought Merrill Lynch when it was hemorrhaging money. He let ...
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