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Trey Thoelcke

The End of the U.K.’s Economic Slump?

The United Kingdom may have pulled out of a downward economic cycle. At least that is what official government data shows. For the third quarter of this year, gross domestic product rose 1% compared…

Trey Thoelcke · 14 years ago

High Expectations for Apple Earnings

The earnings of Apple Inc. (NASDAQ: AAPL) may be the most important of the season. It is not only the largest company by market cap, its growth has stayed phenomenal for a large company.…

Trey Thoelcke · 14 years ago

Dr Pepper, Brinker Down Following Earnings Reports

Solid earnings results from Brinker International Inc. (NYSE: EAT) and Dr Pepper Snapple Group Inc. (NYSE: DPS) this morning were not enough to please investors. The operator of the Chili’s Grill & Bar and…

Trey Thoelcke · 14 years ago

EMC Shares Fall on Earnings Miss

courtesy of EMCEMC Corp. (NYSE: EMC) this morning posted third-quarter results that missed on the top and bottom lines, and it lowered its full-year outlook. The world’s biggest maker of corporate data-storage equipment posted…

Trey Thoelcke · 14 years ago

Generics Take a Bite of Eli Lilly Q3 Results

Eli Lilly (NYSE: LLY) this morning reported disappointing third-quarter results as generic drugs took a toll on its sales. The Indianapolis-based drug maker posted adjusted earnings per share (EPS) of $0.79 on revenues of…

Trey Thoelcke · 14 years ago

Volkswagen Optimistic Despite Shaky Global Economy

Volkswagen reported reasonably good earnings for the first nine months of the year, despite trouble in Europe. The global rival of General Motors Co. (NYSE: GM) and Toyota Motor Corp. (NYSE: TM) reported that…

Trey Thoelcke · 14 years ago

ECB Chief Mario Draghi to Make His Case to Germans

European Central Bank chief Mario Draghi will travel to Germany to explain to members of parliament there his bond-buying solution to the recovery of Europe. He has said the purchase of sovereign paper will…

Trey Thoelcke · 14 years ago

German Business Confidence Unexpectedly Falls in October

The Ifo institute in Munich said its business climate index has fallen to 100.0 from 101.4 in September. That is the sixth consecutive decline, as well as the lowest reading since February of 2010.…

Trey Thoelcke · 14 years ago

Economic Gloom in the Eurozone Spreads

In October, Markit’s Composite Purchasing Managers’ Index (PMI) fell to 45.8 from a September reading of 46.1. That is, businesses in the eurozone saw their worst month since the 17-nation bloc emerged from recession…

Trey Thoelcke · 14 years ago

3M and Illinois Tool Works Fall Short of Revenue Forecasts

3M Co. (NYSE: MMM) and Illinois Tool Works Inc. (NYSE: ITW) this morning each posted higher profits than a year ago, but revenues missed consensus estimates. The St. Paul, Minn.-based conglomerate posted adjusted earnings…

Trey Thoelcke · 14 years ago

Coach, Harley-Davidson Each Beat by a Penny

Coach Inc. (NYSE: COH) and Harley-Davidson Inc. (NYSE: HOG) both offered small upside surprises in earnings in this morning’s quarterly reports, despite very different results. The upscale leather goods maker posted adjusted earnings per…

Trey Thoelcke · 14 years ago

Employees Take the Battle to Walmart

Wal-Mart Stores Inc. (NYSE: WMT) has entered another battle with some of its employees. The company has a history of complaints and lawsuits in a range of issues from discrimination against women to sub…

Trey Thoelcke · 14 years ago

Low Expectations for Facebook Earnings

Facebook Inc. (NASDAQ: FB) will release its earnings report after the closing bell today. Expectations are low, so the stock is unlikely to be knocked down from already poor levels. It is hardly worth…

Trey Thoelcke · 14 years ago

Apple Has a Lot Riding on the iPad Mini

Amazon.com Inc.As usual, the public and investors have made a circus out of the release of a new Apple Inc. (NASDAQ: AAPL) product. In this case, it is the iPad mini, which is supposed to…

Trey Thoelcke · 14 years ago

Pfizer to Buy NextWave Pharmaceuticals

Pfizer Inc. (NYSE: PFE) said today that it will acquire privately held NextWave Pharmaceuticals. NextWave is a specialty pharmaceutical company that focuses on the development and commercialization of products for the treatment of attention…

Trey Thoelcke · 14 years ago

Caterpillar Has Record Q3, but Lowers Outlook

Caterpillar Inc. (NYSE: CAT) this morning reported record third-quarter results that included a pretax gain of $273 million. The Peoria, Ill.-based heavy equipment manufacturer posted adjusted earnings per share (EPS) of $2.54 on revenues…

Trey Thoelcke · 14 years ago

Hasbro, V.F. Beat on Earnings, Fall Short on Revenues

Hasbro Inc. (NASDAQ: HAS) and V.F. Corp. (NYSE: VFC) this morning reported a better-than-expected third-quarter profits, but each fell short of revenue projections. The toy maker posted adjusted earnings per share (EPS) of $1.24…

Trey Thoelcke · 14 years ago