VMware Inc. (NYSE: VMW) has just posted its first quarter earnings. The true leader in the emerging field of virtualization reported a non-GAAP earnings of $0.25 EPS and $470.3 in revenue. Thomson Reuters had…
In the midst of this earnings season, all eyes are on Apple which reports today after the market close. There are a number of resident Apple experts on StockTwits, many of whom share the…
An independent wind energy developer called First Wind announced today that it has obtained $376 million in financing for its wind generation project in Milford, Utah. This is for a 203.5 MW project called…
Overstock.com, Inc. (NASDAQ: OSTK) has just reported earnings. The online ‘overstock’ retailer, or “The O,” has posted an 8% decline in revenue of $187.4M and a net loss at -$0.09 EPS. We unfortunately did…
The International Monetary Fund is out with yet another gloomy projection today. We had already seen the reports of another $4.1 trillion in writedowns being needed, but this morning the IMF took the global…
By Matthew DeBord of The Big Money The Big Money’s Chadwick Matlin and I were trading email a few days ago about Obama and Saturn. He made an excellent point: that Saturn is a very…
Missing a $1 billion debt payment should be bad news. According to The Wall Street Journal, GM’s (GM) CFO said it would not meet its obligation on June 1. In reaction, GM’s stock barely…
Apple Inc. (NASDAQ: AAPL) is set to report earnings after the close of trading today, and Microsoft Corporation (NASDAQ: MSFT) is set to report earnings after the market close tomorrow. What we are looking…
The Department of Energy released its weekly oil inventory data and again we saw another build-up of black gold. This increase has started to hit the United States Oil (USO) and the Oil Services…
Master limited partnership Enterprise Products Partners L.P. (NYSE:EPD) has announced that it will pull out of a partnership with an affiliate of Oiltanking Holdings America, Inc., a subsidiary of privately-held German firm Marquard &…
Precision Drilling Trust (NYSE:PDS) reported net first quarter 2009 earnings per common unit of about $0.26, off 62% from the same period a year ago. Revenues grew almost 31%, from $277 million to $362…
Now this is what really bad news looks like. Freeport-McMoRan Copper & Gold Inc. (NYSE:FCX) reported first quarter 2009 EPS of $0.11 on net income of $43 million, compared with EPS of $2.64 and…
If you thought that things could not get much stranger at Freddie Mac (NYSE: FRE) or at Fannie Mae (NYSE: FNM), they may have taken an even stranger turn than most could imagine. David…
There is not much to say about McDonald’s (MCD) other than to state that it is clearly recession-proof and has the best management in its industry. Global comparable sales increased 4.3% even though the…
Wells Fargo & Company (NYSE: WFC) has posted its earnings this morning. The bank gave a net income figure of $3.05 billion, with a net income applicable to common shares of $2.38 billion. This…
AT&T (T) earnings were within the range of Wall St. forecasts. That is not saying much. The results were modest and pushed the stock up about 3%. AT&T’s first quarter revenue totaled $30.6 billion, net…
It is actually looking pretty thin out there in the land of analyst upgrades. These are the few upgrades and positive research calls we have seen from Wall Street this Wednesday morning with about…
These are some of the top pre-market analyst downgrades and negative calls we have seen from Wall Street firms with about two hours until the market open this Wednesday morning: AK Steel (AKS) Cut…
The recent earnings numbers from China’s big telecom firms illuminated more than their profitability. One of the assumptions about the health of the global handset makers and companies that build hardware for 3G systems…
Japanese government officials say that they may be seeing a slowing in the bad trend for the nation’s imports and exports. That does not mean much. The March figures were especially poor. Exports fell…