Vonage Leaps on Metrics (VG)
Vonage Holdings Corp. (NYSE: VG) reported that first quarter revenue rose by 15% to $225 million. The company also generated an adjusted operating income of $8 million, while its net loss narrowed to $9…
Vonage Holdings Corp. (NYSE: VG) reported that first quarter revenue rose by 15% to $225 million. The company also generated an adjusted operating income of $8 million, while its net loss narrowed to $9…
These are ten of the analyst calls we are focusing on this Thursday morning in pre-market trading: Boston Beer Co. (NYSE: SAM) cut to Neutral at HSBC Securities. Clearwire (NASDAQ: CLWR) cut to Sell…
McDonald’s Corporation announced today that global comparable sales increased 5.0% in April and 6.8% year-to-date. Systemwide sales for McDonald’s worldwide restaurants increased 13.7% in April, or 6.5% in constant currencies. U.S. comparable sales rose…
Wal-Mart (WMT) continued to amaze. How does the world’s largest retailer grow faster than almost all of its competition? For the month of April, Wal-Mart’s sales were up 9.8% to $29.8 billion. International sales…
Markets in Europe were off at 6.45 AM New York time. The FTSE was down .2% to 6,252. Barclays (BCS) was off 2.5% to 463.25. Unilever was up 3.9% to 1727. The DAXX was…
AMD (AMD) is going to offer the world more powerful chips for servers and PCs. It is not enough that it and Intel (INTC) have hardware with four cores, or processors, to do Herculean…
George Soros has taken the unpopular side of many economic bets over the years. He has not only lived to tell the tales. He has made himself and his investors untold billions of dollars…
Since the government is blamed for all ills and catastrophes it should be praised for the good and right that it does. The SEC said yesterday that brokerages could not keep the dirty little…
Toyota (TM) said its earnings fell 28% in the fourth quarter. It blamed the Yen and a slow car market in the US. Although no one was surprised, the figures were worse than most…
Yahoo! (YHOO) seems to have gotton several pieces of bad news yesterday. The chief of strategy at Microsoft (MSFT), if there can be any such person, said that his company would go off on…
One of the great traditions in American business is to punish the few for the sins of the many. It a sort of Scopes Monkey Trial for the subprime mess, the president of Moody’s…
According to Reuters, the head of strategy at Microsoft (MSFT) says it deal to acquire Yahoo! (YHOO) is over. Reuters writes that Toyota (TM) posted a 28% drop in profit due to a strong…
Markets in Asia were mixed. The Nikkei fell 1.1% to 13,943. Honda (HMC) fell 2.9% to 3340. KDDI fell 3.2% to 670000. The Hang Seng was off .4% to 25,519. China Life (LFC) was…
Today turned out being an ugly day, but there were many stocks that fell sharply to new 52-week lows all on their own without help from the market working against them. Allergan Inc. (NYSE:…
Rydex Investments has filed to launch 4 new CurrencyShares platforms. These platforms will allow traders and investors to purchase “Baskets” for the specific currency. Therefore, the share price of each trust will reflect the…