Apple (AAPL): Market Gods Angered By Guidance
The market did not expect much from Apple’s (AAPL) earnings. The shares closed the regular session off 7% to $91.49. It got even worse. After hours, the stock was off again by as much…
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Year: 2008
All Year: 2008 Articles
Newest first · Page 85Yahoo! (YHOO): Bad, And A Lot Of People Let Go
The market took Yahoo! shares down 6% in the regular session ahead of earnings. For the third quarter, analysts expected Yahoo to post earnings of $.88 on $1.37 billion in net revenue, according to…
Yahoo! Earnings Play Second Fiddle To Other Issues (YHOO, GOOG, MSFT, TWX)
Yahoo Inc. (NASDAQ: YHOO) is set to report earnings after the close. First Call has its Q3-2008 estimates at $0.09 EPS and $1.37 billion in revenue. While earnings would seem to be the main…
Is Citigroup (C) The Exception Or The Rule?
Goldman Sachs repeated its opinion that Citigroup (C) is a "sell" and probably would not make a cent until late in 2009. Goldman claims that credit markets are too tough for Citi to make…
Ben Bernanke Still Misses the Point
By John Tamny RealClearMarkets Writing about former Fed Chairman Arthur Burns in his 1998 book, Nixon’s Economy, economic historian Allen Matusow noted that Burns "had no fixed monetary principle of his own, except a…
Sun Microsystems, Still Setting in the West (JAVA)
Sun Microsystems Inc. (NASDAQ: JAVA) just cannot seem to get things right and that is more than evident in its shares this morning. Last night, the company warned of lower than expected earnings. Unfortunately,…
Kerkorian Dumps Ford (F)
Billionaire, or at least still multimillionaire, Kirk Kerkorian sold a large piece of his stake in Ford (F). The transaction amounted to 7.3 million shares at $2.43 each. The is only a tiny part…
Fifth Third, At Fourth and One (FITB)
Those hoping for any magic recovery at Fifth Third Bancorp (NASDAQ: FITB) are going to have to wait a little longer. The troubled regional bank is trading lower Tuesday eventhough everyone should have been…
Major Industrial Earnings Surviving, But Not Thriving (MMM, CAT, LMT)
This morning there have been earnings reports from key industrial and defense stocks from the likes of 3M Co. (NYSE: MMM), Caterpillar Inc. (NYSE: CAT), and Lockheed Martin Corporation (NYSE: LMT). These have all…
Top Pre-Market analyst Upgrades (AUTH, CBRL, CAKE, DRI, KR, LGF, PNRA, PMC, VLTR)
These are some of the top upgrades and positive calls we are seeing this Tuesday morning on Wall Street: AuthenTec (AUTH) Started At Buy at Stanford Group. CBRL Group (CBRL) Raised to Outperform at…
Top Pre-Market analyst Downgrades (CEO, EXC, LLTC, NRG, PVH, POWI, TXN, WFMI)
These are some of the top pre-market analyst downgrades and negative calls we are seeing from Wall Street this Tuesday morning: CNOOC (CEO) Cut to Hold at Deutsche bank. Excelon (EXC) Cut to Hold…
Pfizer (PFE) Does Some Good, Viagra Rocks On
Once all of the one-time charges were washed out of the numbers, Pfizer recorded adjusted income of $4.2 billion, an increase of 5% compared with $4.0 billion in the year-ago quarter, and EPS of $.62,…
As Chrysler Walks From GM (GM) VW May Be In The Footlights
GM (GM) may not be able to come up for the money to marry Chrysler. The deal could involve firing 60,000 people and paying their severance. The process of putting the two companies together…
Why Apple (AAPL) Is The Best Stock In The World
Apple (AAPL) is not the best stock. Google (GOOG) is. Or, maybe it is a tie. Apple will release its earnings into the jaws of one of the great economic slowdowns in memory and…
American Express (AXP): Consumer Not In A Coma
To hear some economists talk, the consumer does not have a dime and Christmas will not come this year. No one has cash for anything beyond gas, heating oil, mortgage payments and a loaf…