Linear Technology Corporation (NASDAQ: LLTC) may be causing more damage to chips and technology component stocks than anything else this morning. The maker of high-performance linear integrated circuits showed that revenue increased 1% to…
Back in May, EnCana Corporation (NYSE:ECA) announced that it would split the company in two. One part would take the company’s oil sands properties and the other would retain the natural gas business. The…
Alpha Natural Resources (NYSE:ANR) has sold its majority interest in lime manufacturing plant in Kentucky and 17.6 million tons of coal that still needs to be mined. The after-tax gain from the sale of…
The Charles Schwab Corporation (NASDAQ: SCHW) posted a 4% earnings drop down to $0.26 EPS, which is after a $0.04 item for previously disclosed charges. Revenues fell 3% from Q3-2007 down to $1.251 billion,…
Wells Fargo & Company (NYSE: WFC) is following Jamie Dimon’s lead this morning with better results than other banks. The only "AAA" rated bank posted $0.49 EPS vs. $0.41 estimates. Revenues were $10.38 billion…
Even if people are feeling poor or are poor, they can still buy a soft drink. Coca-Cola (KO) proved that today with strong earnings. It is extremely good news for companies which sell extremely…
JPMorgan has come out with some changes in its technology and imaging sector today. The firm wants to be defensive right now with steady revenue streams and steady margins. It is cautious on PC…
JPMorgan Chase (NYSE: JPM) has just released earnings and Jamie Dimon is showing he is a better manager even than the most positive reviews have given him over the years. The banking giant made…
Now that the government has done its best to address the credit and banking crisis by putting $700 billion into the American financial system, the economy faces what is likely to be a very…
The federal budget deficit hit $455 billion for its September fiscal year. That is up $389 billion from the year before. The deficit will certainly get a lot worse. The bank bailout is not…
Paulson’s plan to put $250 billion into nine banks, whether they want the money or not, is really supposed to do as much for financial firm customers as it is for the companies themselves.…
Intel (INTC) said it loved its past and hated its future. The Age of Romance must be over. These sentiments are supposed to be the other way around. The world’s largest chip company said…
According to Reuters, economic attention has now turned to the recession. Reuters reports that a new survey shows that half of all workers are worried about their jobs Reuters reports that unions are worried…
Many markets in Asia were lower. But, the Nikkei rose 1.1% to 9,547. The Hang Seng fell 2.4% to 16,438. ICBC fell 2.7%. CNOOC waa off 3.8%. PetroChina (PTR) moved down almost 4%. The…
Intel Corporation (NASDAQ: INTC) posted third quarter earnings of $0.35 per share on $10.22 billion in revenue. Analysts expected the company to earn $0.34 EPS with $10.26 in revenue. Gross margins were 58.9%, up…