LDK Solar Co. (NYSE:LDK) stock fell 7% to $30.05 in the last hour of trading today after yesterday’s earnings, but it was mainly a lackluster guidance. This was actually up in after-hours trading yesterday. …
If you have been watching homebuilders of late, you’ll notice a sharp disconnect between the headlines still coming out and the stock prices of many homebuilders. The move today is partly attributed to Sam…
It appears to be only a matter of time before Apple (NASDAQ: AAPL) iTunes becomes the No.1 source of digital music. For now, being No.2 will have to do. According to NPD data picked…
IBM, or International Business Machines Corp. (NYSE: IBM), is on a roll. The company just raised its guidance and boosted its share buyback plan by a massive amount. For starters the company said it…
A small biotech out of Australia called Prana Biotechnology Ltd. (NASDAQ: PRAN) today is trading up nearly 50% to a new 52-week high on favorable results in Alzheimer’s Disease studies. The company announced that…
Asset manager Van Eck Global today launched a new ETF on the American Stock Exchange. The new ETF is called the Market Vectors-Lehman Brothers AMT-Free Short Municipal Index ETF (Amex: SMB). This ETF is…
Google (NASDAQ: GOOG) is down almost 6% today to just above $457. That is within $20 of its 52-week low.Twenty dollars might seem like a lot, but the shares would only have to fall…
Foster Wheeler is seeing shares hit hard this morning. Its earnings rose roughly 24% to $0.54 EPS and revenues were $1.47 Billion. The problem is that First Call estimates were $0.76 EPS on $1.42…
Inflation rose faster than expected last month, up 1% driven high by food prices and gasoline. Looking at the numbers year-over-year, the increase was over 7%. According to MarketWatch "This is the fastest pace…
Macy’s (NYSE: M) posted earnings of $1.73 EPS and revenues were $8.59 Billion versus $1.60 EPS and revenues of $8.62 Billion estimates from First Call. Same store sales for the quarter were -2%. As…
The analyst who covers Goldman Sachs (NYSE: GS) for Merrill Lynch does not like what he sees, He has cut his earnings estimates for the first quarter from $3.97 to $2.31. “Based on recent…
Sirius Satellite Radio (NASDAQ: SIRI) has posted earnings, and it showed -$0.11 EPS and $249.8 million in revenues. First Call had estimates at -$0.13 EPS and $267.4 million in revenues. It also showed free…
These are not the only analyst calls this morning, but these are the calls that 247WallSt.com is focusing on early this Tuesday morning: Automatic Data (NYSE: ADP) downgraded to Neutral from Buy at Banc…
Home Depot (NYSE: HD) posts worse numbers with each passing quarter. The big home improvement retailer reported fiscal 2007 fourth quarter consolidated net earnings of $671 million, or $.40 per diluted share, compared with…
Markets in Europe were higher at 6.40 AM New York time The FTSE was up 1.1% to 6,066. Barclays (BCS) was up 1.6% to 515. HSBC (HBC) was up 3.2% to 796 The DAXX…