Archive

Year: 2008

All Year: 2008 Articles

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Investors Brace For Potash Earnings (POT, MOO)

Thursday morning, we’ll get to see earnings out of Potash Corp. of Saskatchewan, Inc. (NYSE: POT). The estimates for the potash producer from First Call are $1.52 EPS on $1.67 billion in revenues.  Next…

Douglas A. McIntyre · 18 years ago

Apple Way Ahead This Quarter, In-Line Guidance (AAPL)

After today’s close we got to see earnings out of Apple (NASDAQ: APPL).  Steve Jobs & Co. posted $1.16 EPS and $7.51 Billion in revenues. The estimates from First Call were $1.07 EPS on…

Douglas A. McIntyre · 18 years ago

Starbucks (SBUX) Falls Apart, Completely: Shares Down 11%

Starbucks (SBUX) is now dead, just not buried. The company warned on earnings for the quarter and the year. Howard Schultz’s attempt at a turnaround never made it out the door. He was too…

Douglas A. McIntyre · 18 years ago

Amazon (AMZN) Makes Wall St. Cry

For Amazon (AMZN) the performance can never be good enough. The firm posted a net sales increased 37% to $4.13 billion in the first quarter. Net income increased 30% to $143 million in the…

Douglas A. McIntyre · 18 years ago

Qualcomm (QCOM) Squeezes By, Just

Qualcomm (QCOM) the tech company involved in more intellectual property litigation that any other, posts just OK earnings. Revenue hit $2.61 billion, up 17 percent year-over-year. Net income inched higher to $766 million, up…

Douglas A. McIntyre · 18 years ago

The 52-Week Low Club (ABK)(ARW)(MNI)(CAL)(NWA)(TSFG)(DAKT)

Ambac (ABK) Big loss for quarter. Falls to $3.08 from 52-week high of $96.10. Arrow Electronics (ARW) Drop off in first quarter profit. Sells down to $26.58 from 52-week high of $44.95. McClatchy Newspapers…

Douglas A. McIntyre · 18 years ago

Biotech Business Daily (BIIB, GSK, ILMN, IVGN, LJPC, SIRT, STEM)

Biogen Idec (NASDAQ: BIIB) is sliding marginally despite reported earnings today that showed a 23% increase in earnings riding on sales growth on Avonex and Rituxan. The earnings beat estimates and the company raised…

Douglas A. McIntyre · 18 years ago

Eaton’s Secondary Pricing Reflects Discounting (ETN)

Eaton Corp. (NYSE: ETN) priced a common stock offering for 17.5 million shares at $84.00 per share for gross proceeds of $1.43 billion this morning. Its market cap is roughly $12.4 billion. Joint book-running…

Douglas A. McIntyre · 18 years ago

Safeco Acquired, Another P&C Insurer Disappears (SAF)

Liberty Mutual has agreed to acquire Safeco Corp. (NYSE: SAF) for some $6.12 billion this morning. Liberty offered to purchase all outstanding common shares at $68.24 per share, representing roughly a 50% premium to…

Douglas A. McIntyre · 18 years ago

Foundation Coal Reverses Coal Sector Gains (FCL, BTU, ACI, KOL)

On Monday, Peabody Energy (NYSE:BTU) announced strong first quarter results: 15% increase in revenue to a record $1.28 billion and EPS from continuing operations of $0.26. Peabody raised its full-year target by $500 million,…

Douglas A. McIntyre · 18 years ago