Storm Stories May Trigger Some Mild Panic
flickr / gsfcHurricane Sandy continues to move toward the East Coast, where it may combine with a front from the west, and has generated all sort of hyperbole. Hopefully, most of it is not…
All Work
Trey Thoelcke
Apple Runs Short of Mini iPads
courtesy of Apple Inc.Apple Inc. (NASDAQ: AAPL) already has run short of iPad minis. Advanced orders apparently wiped out inventory. According to CNET: Four minutes into the day, Apple started accepting online orders for the…
A Very Bad Year for Monthly Magazines
With the shuttering of Newsweek’s print edition, the attention of the media world has turned to other magazines with such severe print problems that they also will have to move entirely online. MIN is out…
Customer Service via Facebook May Be the Wave of the Future
It appears that customer service via Facebook Inc. (NASDAQ: FB) or Twitter may be the wave of the future. A new study from social media research firm NM Incite indicates that nearly half (47%)…
Short Interest in Biotech Is Mixed (ALXN, AMGN, ARNA, BIIB, CELG, DNDN, GILD, ILMN, ONXX, PCYC, REGN, VRTX, VVUS, IBB)
We have tracked the key short interest changes in the following biotech and emerging pharma companies: Alexion Pharmaceuticals Inc. (NASDAQ: ALXN), Amgen Inc. (NASDAQ: AMGN), Arena Pharmaceuticals Inc. (NASDAQ: ARNA), Biogen Idec Inc. (NASDAQ:…
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…
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.…
New Sprint Data Plan Looks to Snag iPad Sales from AT&T, Verizon
Sprint-Nextel Corp. (NYSE: S) will release a new 4G data plan for tablets. It should be in place by November 11. The cost of the plan has been set, it seems, to take iPad…
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 Chilis Grill & Bar and…
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…
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…
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…
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…
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.…
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…
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…
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…
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…
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…
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…