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…
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…
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…
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…
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…
These are some of the other non-tech analyst upgrades and downgrades from Wall Street firms this Wednesday morning: Constellation Energy (CEG) Raised to Buy at Jefferies. Denny’s (DENN) Raised to Buy at Merriman Curhan…
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…
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…
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…
These are some of the key analyst upgrades and downgrades from Wall Street that we have seen so far this morning in technology stocks: Aruba Networks (ARUN) Raised to Neutral from Sell at Goldman…
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…
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…
Motorola (MOT) has not introduced a successful handset since the Razr three years ago. Its global market share has dropped from 22% to 12% in just a few quarters. The firm had nothing to…
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…
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…
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…
As you will see today’s gains of 10% and more on both the DJIA and the S&P 500 Index, we wanted to explore which stocks greatly outperformed the markets today. We’d note that it…
Convergys (CVG) Posts a loss and weak forecast. Drops to $6.82 from 52-week high of $19.18. MF Global (MF) No major news. Drops to $1.93 from 52-week high of $32.20. USG Corporation (USG) May…
Whirlpool (WHR) does not have a company mascot like the Maytag Repairman. His marketing pitch is that Maytag products never need to be fixed. He is a man without work, which makes Maytag products…
Target Corporation (NYSE:TGT) has confirmed that activist Bill Ackman’s Pershing Square has shared various ideas for an alternative ownership structure related to Target real estate. It also said that this has been going on…