Thomson Reuters estimates for CDMA giant Qualcomm (QCOM) were for $0.60 EPS and $2.86 billion in revenue. Reported revenue was $3.33 billion, up 45 percent year-over-year. Reported net income was $878 million, down 22…
Valassis Communications (VCI) Q3 loss and outlook cut. Plunges to $1.78 from 52-week high of $16.80. Syniverse (SVR) Baird downgrades shares. Falls to $9.79 from 52-week high of $22.93. McDermott International (MDR) Lower profit.…
Express Scripts Inc. (NASDAQ:ESRX) is about to have one massive PR nightmare in its hands. The pharmacy benefit management manager announced that it has received a letter from an unknown person or persons trying…
Making calls on financial guidance and modeling for the future right now beyond a quarter is no longer an art which is easily mastered by many. It is now guesswork or financial alchemy. So…
The Walt Disney Co. (NYSE: DIS) is set to report earnings right at the close of trading today. The Thomson Reuters (First Call) estimates for the media giant and DJIA component are $0.49 EPS…
Pepco Holdings, Inc. (NYSE: POM) is doing fairly well considering the company raised more than $200 through a secondary offering priced at $16.50 per share for 14 million shares.
Mad Catz Interactive, Inc. (AMEX: MCZ) has been a dismal video game-related stock which never really get off of the ground. Its annual sales have also not shown any growth even when the sector…
Level 3 (LVLT) got hit by concerns about raising cash. It shares collapsed back toward $1 on heavy volume. Detail… Noble (NOBL) released terrible numbers to the market late yesterday. It paid for that…
Crude oil refiners Sunoco (NYSE:SUN) and Western Refining (NYSE:WNR) reported earnings this morning before the market opened. Sunoco posted diluted EPS of $4.70 on revenues $16.109 billion. Western reported diluted EPS of $1.61 on…
The king of customer satisfaction surveys, JP Power, has anointed the Apple (AAPL) iPhone as the best smartphone on the market. Apple ranks highest in overall smartphone customer satisfaction with a score of 778…
The people at the International Monetary Fund say that the world economy will be in a recession in 2009, making them the last group on earth to acknowledge it. "World growth is projected to…
After the market closed yesterday, American Water Works (NYSE:AWK) reported third quarter EPS of $0.55 on revenues of $672 million. EPS was right on expectations, but revenues fell short by about 12%. The floods…
Before the market opened this morning, CVR Energy (NYSE:CVI) released is third quarter earnings. EPS reached $1.16 and revenues totaled $1.58 billion. Analysts expected EPS of $0.75 on revenues of $1.04 billion, so CVR…
The retail sales numbers on Main Street are truly going to hell in a hand basket. The only bright spot is Wal-Mart Stores (NYSE: WMT), and that is just indicative of a tapped out…
We have just seen the figure for weekly jobless claims, and it is an ugly prelude to tomorrow’s unemployment and non-farm payroll data. The good news is that worker productivity came in better than…