Whole Foods Market Inc. (NASDAQ: WFMI) posted dismal earnings of $0.01 EPS on revenues of $1.79 billion. Thomson Reuters (First Call) had estimates pegged at $0.13 EPS and $1.81 billion. While this also marked…
Cisco Systems, Inc. (NASDAQ: CSCO) has posted earnings of $0.42 non-GAAP EPS on revenues of $10.3 billion. Estimates from Thomas Reuters (First Call) were $0.39 EPS on $10.3 billion in revenues. While everyone is…
Tenet Healthcare (THC) Weak quarter and outlook still killing the company. Falls to $2.25 from 52-week high of $6.88. Compugen (CGEN) Company says it will not issue new equity. Market may not believe it.…
Everyone has been looking for the next shoe to drop in the financial sector where it ties in with the consumer. Everyone thought this would be credit cards now that primary mortgages, secondary mortgages,…
Most companies would never think of sending out a press release congratulating the new president. It looks too self-serving and smarmy. Comverge (COMV) could not help making itself look foolish. The provider of clean…
Some days a management cannot do anything right. In the case of NeuStar (NSR), those days have stretched into years. The company reported quarterly results which were net income totaled $28.4 million, or $.38…
Cisco Systems, Inc. (NASDAQ: CSCO) is set to report earnings after the close of trading today. We commented on Monday how it was impossible not to see how little the formal earnings estimates had…
Before the market opened this morning, Devon Energy (NYSE:DVN) reported third quarter net income of $2.6 billion (EPS of $5.92) on revenue of $5.99 billion. After backing out a non-cash gain from derivatives of…
SunPower Corporation (SPWRA) seemed to pull down the whole solar sector. Details MBIA (MBI) and Ambac (ABK) got torn to pieces on bad news. Radian (RDN) surged on good news. USEC (USU) dropped on…
Media reports are saying that Google (NASDAQ: GOOG) walking away from the Yahoo! (NASDAQ: YHOO) search pact is a bad development for Yahoo! and its shareholders. Do not fall for that trickery. This is…
Online wedding-planning company The Knot (KNOT) has not be doing well recently. When it announces earnings later this week, it may be doing a lot worse. In the second quarter, net income was $2.3…
Duke Energy Corp. (NYSE:DUK) shares are trading down on fairly active volume. Earlier this morning, the company reported EPS of $0.33, compared with analysts’ estimates of $0.45. Revenue also was a big miss: $3.5…
Before market open this morning, major oilfield services players Foster Wheeler Ltd (NYSE:FWLT) and Transocean Inc. (NYSE:RIG) reported third quarter earnings. The short version is both missed EPS estimates, while surpassing revenue expectations.
Cerberus has invested billions of dollars into the US auto industry. Its best-known deal was its purchase of 80% of Chrysler. That investment is probably worth nothing. Its other highly visible deal was the…
Level 3 Communications Inc. (NASDAQ: LVLT) is one of the more active stocks for traders in the $1.00 and sub-$5.00 stock land. This week the company filed an interesting automatic shelf registration statement with…
For awhile, analysts had hoped that the biggest layoffs in the economy would be restricted to already troubled industries including retail, automotive, and airlines. At least companies in those sectors were losing money. But,…
Almost Family Inc. (NASDAQ: AFAM) has filed a shelf registration that will allow the company to raise up to $150 million in securities sales. The company filed to sell any combination of Common Stock,…
Greenhill & Co., Inc. (NYSE: GHL) has filed to sell up to 3.5 million shares of common stock in a secondary offering. The offering will allow the company and certain stockholders to sell shares…
These are some of the top pre-market analyst upgrades we are seeing this Wednesday morning: Comerica (CMA) Raised to Outperform at Bernstein. Fifth Third Bancorp (FITB) Raised to Outperform at Bernstein. Iron Mountain (IRM)…
These are some of the top pre-market analyst downgrades we are seeing this Wednesday morning with more than two hours until the market opens: Animal Health (AHII) Cut to Neutral at Piper Jaffray. Blue…