SunPower Corp. (NASDAQ: SPWRA) has managed to do what many were not expecting. It blew the doors off of estimates. Non-GAAP operating income for the quarter was $26.8 million, or $0.24 EPS. Its revenues…
Capital One Financial Corp. (NYSE: COF) and American Express Company (NYSE: AXP) are historically about as similar of companies as they come. Yet at the same time, they are about as different from each…
Microsoft did not do as well as Wall St. had hoped. The company posted revenue of $13.1 billion and EPS of $.34 . Analysts were looking for $.36 on $14.38 billion in revenue, A year ago, the world’s largest…
Online retail giant Amazon.com Inc. (NASDAQ: AMZN) just reported earnings of $0.32 EPS and revenues of $4.65 billion, Thomson Reuters had estimates for Bezos & Friends pegged at $0.32 EPS (rounded up) on $4.69…
RadioShack Corp. (NYSE: RSH) has been run by turnaround operator Julian Day for about three years now. He got the stock turned around, but then came issues in the retail sector and then came…
VS HOLDINGS, INC., or Vitamin Shoppe, Inc., has just filed with the SEC to sell up to $143,750,000.00 worth of common stock. This would mark the initial public offering and the company has applied…
Amazon.com Inc. (NASDAQ: AMZN) did not sell off after it announced the acquisition of Zappos.com. The deal was north of $800 million, and with shares up 5% Amazon now has a market cap of…
While a market can go from a mega-bear market to a mega-bull market, steady rises become the usual. But when you see an 11 day consecutive rise and then a gain ‘again’ that would…
The reading on existing-home sales, or used-home sales, managed to post another gain in June. The reading for June was 4.89 million units on an annualized basis, which is above the 4.72 million reported…
Bristol Myers Inc. (NYSE: BMY) plans to spend $2.4 billion to buy partner Medarex Inc. (Nasdaq: MEDX). It will get a great deal beyond the cancer monoclonal antibody that developed together. The Medarex pipeline has…
By John Tamny About former Federal Reserve chairman Arthur Burns, Rice University historian Allen Matusow once wrote that “he had no fixed monetary principle of his own, except a determined eclecticism that translated into…
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:…
The Labor Department has released its weekly jobless claims data. The number came in slightly better than estimates, but the jobless claims did rise. The gain was 30,000 to 554,000 in the last week. …
These are the top ten analyst upgrades and downgrades we have seen from Wall Street this Thursday morning: AthenaHealth (ATHN) Started as Buy at Maxim. Capstead Mortgage (CMO) Cut to Market Perform at KBW.…
The news out of McDonald’s (MCD) continues to be good. Same-store sales rose 4.3% in the second quarter, but EPS dropped to $.98 from $1.04. But, last year’s gain was up $.10 due to…
AT&T’s (T) wireless, broadband, and U-verse TV subscription businesses all did well in the second quarter. Buried a bit deep in the press release about earnings was the fact that AT&T had 46.3 million total…
The swine flue is apparently more dangerous that the garden variety of flu that has been part of the world health picture for several decades. It is more likely to cause pneumonia and other…
VW’s plans to take over Porsche got a boost as the sports car company’s CEO was pushed out by his board. Wendelin Wiedeking leaves Porsche with a severance package worth $70 million. Porsche plans…
Microsoft (MSFT) said yesterday that the code for the next version of its immensely successful operating system is done. Windows 7 will replace Vista as the company’s flagship operating system when it goes on…
Apple (AAPL) iPods that catch on fire have become a sort of urban legend. There are stories from time to time about spontaneous combustion of the multimedia players, but Apple has played down the…