Anheuser-Busch Companies Inc. (NYSE: BUD) reported earnings today, and no one is paying attention because of the InBev merger at $70.00 making this earnings report essentially a non-event. But there are two issues coming…
Costco Wholesale Corp. (NASDAQ: COST) is taking a drumming this morning after it earnings warning. What is interesting is that if you overlay the customers of American Express, you essentially get a view of…
This morning we had four different DJIA compomnents report earnings and so far all shares of these are indicated higher. AT&T (NYSE: T) posted $0.76 non-GAAP EPS vs. $0.76 estimates and generated $8.5 Billion…
This morning we had four different DJIA components report earnings and so far all shares of these are indicated higher. AT&T (NYSE: T) posted $0.76 non-GAAP EPS vs. $0.76 estimates and generated $8.5 Billion…
If the result from McDonald’s (MCD) say anything it is that the low end of the consumer market in the US has not died off. For the second quarter, MCD revenue moved up 4%…
AKS, BHI, IPI, NAT, PSYS, SGLP, SNN, SYNA, ULTAThese are some of the top upgrades or positive analyst calls we are seeing this Wednesday morning in early pre-market hours: AK Steel (AKS) Raised to…
These are some of the top downgrades or negative analyst calls we are seeing this Wednesday morning in early pre-market hours: ADC Telecom (ADCT) Cut to Neutral at Baird; Cut to Market Perform at…
A lot of people waited for months to get a new Apple (AAPL) 3G iPhone. Some even passed up the first version, which ran on AT&T’s (T) slower 2.5G network. A number of customers…
There has been a lot of speculation that speculators have been causing high oil prices. Perhaps demand in India and China do not do much to the rising cost of crude. Flat supplies from…
Wall St. cheered what seemed to be withering results from Washington Mutual (WM) and Wachovia (WB). WaMu lost $3.3 billion and reserved $3.7 billion to handle loan losses. Wachovia lost $9 billion and its…
VMWare (VMW) was the hot IPO of 2007. Its shares rose from $50 to $125 almost overnight. The run-up improved the fortunes of the stockholders of its majority shareholder EMC (EMC) and enriched those…
Toyota (TM) made a cut in its forecast for car sales during its fiscal year. It was an extremely modest cut, given the troubles in the global car market, especially the US. According to…
According to Reutere, Yahoo! (YHOO) profits were down, but the company maintained its full-year forecast. Reuters reports that Wachovia (WB) posted huge write-offs and losses for the last quarter. Reuters writes that some members…
Markets in Asia were mostly higher. The Nikkei rose 1% to 13,313. NEC was up 2.8% to 585. NTT (NTT) was down 3.1% to 497000. Toyota (TM) was down .9% to 4870. The Hang…
Concern about the health of Apple (AAPL) CEO and founder Steve Jobs has been mounting since his appearance to launch the iPhone 3G model. He was terribly thin. Earlier this week, the press raised…
Former big oil man and corporate raider turned wind-power advocate T. Boone Pickens says that oil could hit $300 a barrel if the US cannot cut back on importing the stuff. The best way…
E*TRADE Financial Corp. (NASDAQ: ETFC) posted its loss after the close. The company posted a -$0.19 non-GAAP EPS loss while First Call had estimates at -$0.14 EPS. The company set aside some $319.1 million…
We have earnings out of Jerry Yang and friend, a.k.a. Yahoo! Inc. (NASDAQ: YHOO). The troubled internet search and content posted $0.10 non-GAAP EPS (which looks more like about $0.095 on the total when…
We just got earnings out of virtualization leader VMware, Inc. (NYSE: VMW). The company posted $0.23 non-GAAP EPS and a 43% yr/yr revenue gain to $456 million in revenues. First Call had estimates pegged…
Texas Instruments (TXN) Bad earnings take chip company down. Falls to $23.28 from 52-week high of $38.79. AMD (AMD) Chip company may have changed CEOs but Wall St. still thinks company is dead. Sells…