Toll Files To Raise Cash (TOL)
Did you think you would see a home builder file an open shelf registration statement to raise cash in the current market or in the state of housing and the economy today? Toll Brothers…
Archive
Year: 2008
All Year: 2008 Articles
Newest first · Page 75Oil Sands Still Producing Cash (SU)
Canadian oil company Suncor (NYSE:SU) today reported quarterly earnings of $815 million ($0.87 EPS), compared with analysts’ estimates for EPS of $0.95. Higher prices for the company’s synfuel production contributed to the increase, which…
Great New Hess Discovery: Its Earnings (HES)
Now that refining margins are once again improving, integrated oil companies like Hess (NYSE:HES) are starting to get well. Today Hess reported EPS of $2.37 for the third quarter of 2008, a nickel short…
Cybex Treadmill Recall, One More Woe (CYBI)
Cybex International Inc. (NASDAQ: CYBI) has another issue to worry about besides a stalling economy and weak sales of exercise equipment ahead. The Consumer Product Safety Commission released today that the company is subject…
GM (GM) Up 9% On Merger Rumors
GM (GM) shares are up 9% on rumors that all major issues needed to set up a merger with Chrysler have been worked out with Cerberus which owns a majority of the smaller car…
Apple and a Monster Stock Buyback (AAPL)
Apple Inc. (NASDAQ: AAPL) is doing well today on word that the company "may" do a share buyback. This comes after a Bernstein report from this morning titled "Apple: Time for a Buyback?" from…
First Solar Earnings To Set Alt. Energy Stock Trends For Weeks (FSLR, SPWRA, STP, LDK, CSIQ, SOLR)
Today is going to be a very interesting day for shareholders of First Solar, Inc. (NASDAQ: FSLR) and holders of any other solar energy and alternative energy players. The solar leader is set to…
PetroChina Earnings Rise, Chinese Drivers Pay (PTR, COP, SNP)
PetroChina (NYSE:PTR) is China’s largest energy company, and it’s getting bigger. The company reported quarterly earnings of $5.83 billion this morning, up 30% from the same period a year ago. Analysts polled by Reuters…
CME Owners Bracing For Earnings (CME)
CME Group Inc. (NYSE: CME) is set to report earnings after the close of trading today. The futures and commodities exchange giant estimates (from First Call) are $3.98 EPS and $644.3 million in revenues. …
Another Flowing Pipeline (BPL)
Master limited partnership Buckeye Partners (NYSE:BPL) reported third quarter earnings before the market opened this morning. Total revenues of $496 million surpassed analysts’ estimates of $485.7 million, and earnings of $0.79/common unit beat estimates…
Gold Miners Adapt To Mixed Environment (GFI, NEM)
South Africa-based Gold Fields Ltd. (NYSE:GFI) and US-based Newmont Mining (NYSE:NEM) both reported quarterly earnings before the market opened this morning. Newmont beat EPS estimates by a penny and missed revenue estimates by about…
Even Asia Is Weak For GM (GM)
It has been clear for some time that GM’s (GM) sales in the US and Europe have been poor and are likely to stay that way. The company said that in the third quarter…
Day Trader Alert: Big Pre-Market Drops on Guidance (MOLX, STM, VPRT, WSM)
We have seen earnings disappointments or guidance disappointments from many companies over the recent weeks. Molex Inc. (NASDAQ: MOLX), STMicroelectronics N.V. (NYSE: STM), VistaPrint (NASDAQ: VPRT), and Williams-Sonoma (NYSE: WSM) are all trading lower…
Durable Goods Somehow Show Upside Surpise
The Commerce Department has reported that Durable Goods for September have somehow managed to beat expectations this morning. While the durable goods report for big ticket items is the most volatile of all numbers…
Top Analyst Upgrades & Downgrades (CEG, DENN, ODSY, ARO, D, EXEL, JNJ, VOCS, ZGEN)
These are some of the other non-tech analyst upgrades and downgrades from Wall Street firms this Wednesday morning: Constellation Energy (CEG) Raised to Buy at Jefferies. Denny’s (DENN) Raised to Buy at Merriman Curhan…