SanDisk Made Money… Can It Be? (SNDK)
Flash memory giant SanDisk Corp. (NASDAQ: SNDK) posted a surprise profit. Earnings were $52.5 million, or $0.23 EPS, but its non-GAAP earnings were $0.36 EPS. That compares to a loss of $73.75 million a…
All Work
Douglas A. McIntyre
E*TRADE Looks A Tad Brighter (ETFC)
E*TRADE Financial Corporation (NASDAQ: ETFC) posted some fairly poor earnings considering the improvements seen elsewhere. The good news is that these earnings are actually better or less-bad than estimates. Its loss was -$0.22 EPS…
VMWare Slows, Yet Stock Soars (VMW)
VMware Inc. (NYSE: VMW) is showing that the limitless growth of virtualization either does have some limits or that the recession put a real cap on its growth. The virtualization leader posted $0.20 in…
Amazon Becomes Shoe Deity, Takes Over Zappos (AMZN)
This will seem like a no-brainer when you consider it. Amazon.com Inc. (NASDAQ: AMZN) is acquiring online shoe leader Zappos.com in a deal said to be worth some $807 million consideration after shares, options,…
Ebay (EBAY) Earnings: PayPal Saves The Day
Ebay (EBAY) rallied into the close and ended up 2.75% to $19.45. It would be greedy for shareholders to complain. The shares are up almost 15% in the last three months. The market’s expectations…
ASP’s Hit QUALCOMM (QCOM)
QUALCOMM Inc. (NASDAQ: QCOM) has just posted $0.54 non-GAAP EPS on $2,75 billion in revenues versus the Thomson Reuters targets of $0.52 EPS and $2.73 billion in revenues. Unfortunately, the company’s effective tax rate…
Goldman Sachs Now Entirely Free From Treasury, On The Cheap (GS)
It has only been a week since everyone was drawing that TARP repayment by Goldman Sachs Group, Inc. (NYSE: GS) as being on the cheap after the investment banking firm, a.k.a. bank holding company…
At Least The Chinese Stimulus Works For The American Economy
Economists debate the impact of the U.S. economic stimulus plan, and if a second round of stimulus is needed. But there’s no doubt that China’s plan is working for us. In the many rounds…
Solar Subsidy Realities Sink In (LDK, STP, TSL, CSUN, JASO)
The excitement in solar shares yesterday is already being met by selling and quick profit taking this morning. Yesterday’s news of the China subsidy that may bring in another 500-MW over the next two…
Gold Trends Ahead of Miner Earnings (ABX, GG, GOLD, AU, GLD)
Ben Bernanke thinks the risks of inflation may be overstated or those fearing major inflation may be misguided. But that feeling is still not shared by many on Wall Street and also not shared…
Top Day Trader Alerts (CIT, ONXX, HGSI, WINN, OFG, AAPL, AMD, YHOO, SBUX, AMLN, GILD)
The following are some of the top stocks to watch for active trading today based on pre-market and after-hours volume activity. There are links through to more detailed coverage and volume analysis at VSInvestor.com:…
Record Earnings at Buffett’s Bank, Yet Problems Prevail (WFC, BRK-A)
Wells Fargo & Company (NYSE: WFC) just posted a record quarter for earnings. The headline numbers are considerably better than estimates. This might make Warren Buffett and Berkshire Hathaway Inc. (NYSE: BRK-A) happy as…
Morgan Stanley (MS) Earnings: Results Only A Mother Could Love
Morgan Stanley’s (MS) stock fell 5% the moment it released its earnings for the last quarter. The firm was lucky that the drop did not become a plunge. Morgan reported a loss from continuing…
Analysts Upgrade Major Stocks (CSCO, INTC, KFT, LMT, SBUX, SY)
We have seen several impact calls from analysts this Wednesday morning. These are major stocks which have been given positive research calls and upgrades. Cisco Systems (CSCO) Raised to Outperform at Baird. Intel (INTC)…
Amazon (AMZN) Kindle Rival Gets AT&T (T) Help
Amazon’s (AMZN) Kindle e-book reader has access to the Internet through the Sprint (S) network. The e-commerce firm’s rival, Barnes & Noble (BKS), has done the Kindle one better. It will connect to the…
Ford’s (F) Efforts To Re-Conquer Car World Gain Speed
Ford (F) will launch ten new models this year. Merrill Lynch says that will bring the age of car company’s product line to an average of 2.4 years. In other words, Ford’s older models,…
LG: An Unlikely Rival Stalks Nokia (NOK), Motorola (MOT), And Apple (AAPL)
Most investors would assume that the only handset companies to post increases in unit sales last quarter are Apple (AAPL) and RIM (RIMM). Those two high-end handset companies are damaging the market share opportunities of Sony Ericsson,…
The Next Blockbuster Drugs: A $170 Billion Opportunity
Safety and efficacy data are critical to drug candidates. But what really makes a potential drug attractive is strong top-line data, a new biotech-based treatment, and a massive potential market. With help from Thomson…
Apple (APPL) And Caterpillar (CAT): Someone, Somewhere, Somehow, Is Spending Money
Apple’s beat Wall St. consensus figures by posting earnings per share of $1.35 compared to Wall St. expectations of $1.17. The company also produced revenue of $8.33 billion, up 12% from last year. The…
Media Digest 7/22/2009 Reuters, WSJ, NYTimes, FT, Bloomberg
Reuters: A tech alliance between China and Taiwas is hurting Korea. Reuters: Spple (AAPL) easily beat forecasts. Reuters: CIT (CIT) still faces a number of financial challenges. Reuters: Yahoo!’s (YHOO) outlook was below expectations.…