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Posts related to ‘Accounting’

J.C. Penney CFO Forced Out (JCP, AAPL, ANF)

Posted: April 11, 2012 at 11:01 am

The new CEO of J. C. Penney Company, Inc. (NYSE: JCP) has been making many changes at the retail giant.  Ron Johnson is trying to bring in some of his ...
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Lower EIA Oil & Energy Demand Projection Tempers Expectations (XOM, BHI, OIH, VLO, CHK, BTU, KOL)

Posted: April 10, 2012 at 3:10 pm

Oil demand is being revised lower in a new forecast by the Energy Information Administration.  The reality is that the demand erosion is modest at a mere 70,000 barrels per ...
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Big Banks Still At Big Discounts To Book Value Before Earnings (BAC, BK, C, GS, JPM, MS, NTRS, STT, STI, USB, WFC)

Posted: April 10, 2012 at 8:10 am

This week will be the start of earnings season as we get to start reviewing some key earnings for first quarter of 2012.  The banking sector is going to be ...
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Ohio Medicaid Losses Wreck Providers (MOH, CNC, AGP, WCG)

Posted: April 9, 2012 at 9:58 am

Molina Healthcare Inc. (NYSE: MOH) and Centene Corporation (NYSE: CNC) are both seeing their shares take a real beating.  On a day where most stocks are lower because of Friday's ...
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Much Higher Rare Earths Reserves (MCP)

Posted: April 9, 2012 at 9:00 am

Molycorp, Inc. (NYSE: MCP) may have sold off in recent days but there is some better news for the long-term outlook of this company's business prospects pertaining to rare earth ...
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Q1-2012 Earnings Season Outlook, Lowered Expectations (AA, SNDK, CSCO, GE, JPM, WMT, LUV, IBM, T, VZ, BAC, MCD, AAPL)

Posted: April 5, 2012 at 11:00 am

Earnings season is almost upon us for the first quarter of 2012.  There is some growing caution over company expectations on the heels of a massive rally where the DJIA ...
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An SEC Concern Over Target Date Retirement Fund Disclosures

Posted: April 4, 2012 at 9:08 am

The Securities and Exchange Commission is highlighting something which may be a concern for the popular mutual fund themes called Target Date Retirement Funds.  For the billions and billions of ...
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A Financial Reality Check For Diamond Foods (DMND)

Posted: April 3, 2012 at 5:34 pm

There is a good reality check today for anyone considering whether or not they should be committing capital to invest in Diamond Foods, Inc. (NASDAQ: DMND).  The nuts and snacks ...
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A Second Look at Trusting the SmartHeat Move (HEAT)

Posted: April 3, 2012 at 1:39 pm

SmartHeat Inc. (NASDAQ: HEAT) is such a small company that you might wonder what to think of a 100% rally in the stock after reporting a loss.  The company sells plate heat ...
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Wells Fargo Going After Super High Networth Clients (WFC, JPM, GS, NTRS)

Posted: April 2, 2012 at 3:08 pm

Wells Fargo & Company (NYSE: WFC) has now launched its Abbot Downing financial services that aims to serve the ultra-high net worth sector of wealthy Americans.  The move will instantly ...
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Groupon–More Financial Trouble As It Revises Results, Again (Will CFO Stay?)

Posted: March 30, 2012 at 5:32 pm

Groupon (NASDAQ: GRPN), the troubled online coupon company, has trouble getting its financials correct before its IPO. Now, post-IPO, it it in trouble again. Groupon revised both its Q4 2011 and ...
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Obama Speech Attacks Oil & Gas Subsidies (XOM, VLO, CHK, FSLR, USO)

Posted: March 29, 2012 at 11:34 am

In a "we versus them" speech today, President Obama again called for the end of subsidies for oil and gas companies.  His speech talked about the global opportunities that the ...
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Swisher’s Accounting Swish… Sticky Fingers (SWSH)

Posted: March 28, 2012 at 4:05 pm

Swisher Hygiene Inc. (NASDAQ: SWSH) is having a bad day and it has to have shareholders more than just a bit worried.  The company has said that it will file ...
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Solar Woes Get To Blame Italy This Time (FSLR, TAN, SPWR, WFR)

Posted: March 28, 2012 at 11:18 am

Solar power just cannot get a break.  The age of austerity is drilling holes in the solar economic viability business model.  Today's negative news flow stems out of Italy, where ...
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SIRIUS XM Antitrust Suit… Prelude to Margin Squeeze, or a Price Hike (SIRI)

Posted: March 28, 2012 at 9:31 am

SIRIUS XM Radio Inc. (NASDAQ: SIRI) is in the news after it filed a complaint against SoundExchange, Inc. and American Association of Independent Music ("A2IM").  The suit alleges that these two ...
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