All Work

Douglas A. McIntyre

PetroChina Earnings Rise, Chinese Drivers Pay (PTR, COP, SNP)

PetroChina (NYSE:PTR) is China’s largest energy company, and it’s getting bigger. The company reported quarterly earnings of $5.83 billion this morning, up 30% from the same period a year ago. Analysts polled by Reuters…

Douglas A. McIntyre · 18 years ago

CME Owners Bracing For Earnings (CME)

CME Group Inc. (NYSE: CME) is set to report earnings after the close of trading today.  The futures and commodities exchange giant estimates (from First Call) are $3.98 EPS and $644.3 million in revenues. …

Douglas A. McIntyre · 18 years ago

Another Flowing Pipeline (BPL)

Master limited partnership Buckeye Partners (NYSE:BPL) reported third quarter earnings before the market opened this morning. Total revenues of $496 million surpassed analysts’ estimates of $485.7 million, and earnings of $0.79/common unit beat estimates…

Douglas A. McIntyre · 18 years ago

Gold Miners Adapt To Mixed Environment (GFI, NEM)

South Africa-based Gold Fields Ltd. (NYSE:GFI) and US-based Newmont Mining (NYSE:NEM) both reported quarterly earnings before the market opened this morning. Newmont beat EPS estimates by a penny and missed revenue estimates by about…

Douglas A. McIntyre · 18 years ago

Even Asia Is Weak For GM (GM)

It has been clear for some time that GM’s (GM) sales in the US and Europe have been poor and are likely to stay that way. The company said that in the third quarter…

Douglas A. McIntyre · 18 years ago

Day Trader Alert: Big Pre-Market Drops on Guidance (MOLX, STM, VPRT, WSM)

We have seen earnings disappointments or guidance disappointments from many companies over the recent weeks.   Molex Inc. (NASDAQ: MOLX), STMicroelectronics N.V. (NYSE: STM), VistaPrint (NASDAQ: VPRT), and Williams-Sonoma (NYSE: WSM) are all trading lower…

Douglas A. McIntyre · 18 years ago

Durable Goods Somehow Show Upside Surpise

The Commerce Department has reported that Durable Goods for September have somehow managed to beat expectations this morning.  While the durable goods report for big ticket items is the most volatile of all numbers…

Douglas A. McIntyre · 18 years ago

Garmin Holding Up Better Than You Think (GRMN)

Garmin Ltd. (NASDAQ: GRMN) appears to have pulled a rabbit out of the hat and its stock is indicated higher after the GPS leader managed to beat earnings expectations.  The company posted earnings of…

Douglas A. McIntyre · 18 years ago

Comcast (CMCSA): Cable On Steroids

People can’t afford to go out, so they are getting their entertainment at home. At least the is the message embedded in the Comcast (CMCSA) third quarter earnings. The firm even upped its forecasts…

Douglas A. McIntyre · 18 years ago

P&G (PG): Consumer Still Buys The Cheap Stuff

Procter & Gamble (PG) posted an increase in net of 9%, beating estimates. As the firm’s CFO said because the firm sells consumer goods at all price levels, it can get people who have…

Douglas A. McIntyre · 18 years ago

OPEC’s Secret: Oil Field Supply Is Dropping

OPEC may have to cut production now to get crude prices back to a level which will allow its members to get back the tens of billions of dollars they lost as the price…

Douglas A. McIntyre · 18 years ago

Wal-Mart (WMT): Winner And Still Champion

Over the last several years, Wal-Mart (WMT) turned away from its strength of providing everyday low prices on items ranging from drugs to lawn mowers. It tried to move upscale with fashion lines and…

Douglas A. McIntyre · 18 years ago

Faced With Spectre Of 1974, Fed May Make Radical Cut

The Fed may cut more than expected. Wall St. is hoping for half a point, but three-quarters may be more likely Some economists would make the argument that the recession the world economy is…

Douglas A. McIntyre · 18 years ago

Media Digest 10/29/2008 Reuters, WSJ, NYTimes, FT, Bloomberg

According to Reuters, global stocks rose on possible rate cuts but the economic outlook is grim. Reuters reports that the Fed is expected to cut rates with Japan likely to follow. Reuters reports that…

Douglas A. McIntyre · 18 years ago

Can Exxon Mobil Earnings Continue Recent Strength? (XOM)

If you look through today’s earnings winners, many of them are oil-related stocks.  Today, Exxon Mobil Corp. (NYSE: XOM) said it would announce its earnings on Thursday.  It will also have a conference call…

Douglas A. McIntyre · 18 years ago