It now appears that Freddie Mac (FRE) will raise about $10 billion. The only trouble with that is that its current market cap is only $6 billion. For shareholders, the news is almost as…
At the start of the year, many Wall St. analysts and much of the media give the impression that the current financial crisis would pull down all large US banks and brokerages. With the…
Google’s (GOOG) earnings disappointed Wall St. and pushed the stock down nearly 8%, but the message from the numbers is more profound than a little shortfall. Google’s net was up 35%. The firm reported…
Starbucks (SBUX) founder and CEO Howard Schultz had his company release the list of 600 stores that coffee chain would close. It is a tombstone for the 12,000 company employees that Starbucks will push…
According to Reuters, analysts looking at results from Google (GOOG), Microsoft (MSFT), and IBM (IBM) are cautiously optimistic about upcoming tech earnings. Reuters writes that Merrill Lynch (MER) posted a loss of $4.9 billion…
The Mosaic Company (NYSE: MOS) has decided to start paying out a dividend to shareholders. The company’s board of directors has declared a quarterly dividend of $0.05 per share on the common stock payable…
AMD (NYSE:AMD) must have read our earnings synopsis and must have finally read enough times over and over about canning Hector Ruiz. He’s finally out, albeit not 100% of the way as he should…
Advanced Micro Devices Inc. (NYSE: AMD) has posted earnings, or at least it has posted a lack of earnings via wide losses. The distantly second number 2 PC processor company posted earnings of -$0.60…
Microsoft Corporation (NASDAQ: MSFT) just posted earnings. The software and tech behemoth posted $0.46 EPS and $15.8 in revenues. First Call’s estimates for the quarter are $0.47 EPS on $15.65 Billion in revenues. The…
International Business Machines Corp.(NYSE: IBM), or IBM, just posted earnings of $1.98 EPS on $26.82 Billion in revenues. Estimates were $1.82 EPS on $25.92 Billion in revenues, according to First Call. The company is…
Google Inc. (NASDAQ: GOOG) just posted earnings and the search giant posted $4.63 non-GAAP EPS and $3.9 Billion in ex-TAC revenues. First Call estimates were $4.74 EPS on $3.87 Billion in revenues.
We’ve had essentially a 500 point rally in the DJIA in just the last two days and oil is starting to lose its mo-mo. Yet some companies just refuse to participate in the rally…
VMware, Inc. (NYSE: VMW) is using a method of making employees whole on their stock options that are currently under water. The company submitted a filing outlining this plan. Its board of directors has…
IBM (NYSE: IBM) is set to report earnings after today’s close. Big Blue is expected to post $1.82 EPS on $25.92 Billion in revenues, according to First Call. It is expected to post $1.95…
After the close of trading today, we will get to see earnings out of search and online ad giant Google Inc. (NASDAQ: GOOG). The company will be competing for earning attention as Microsoft is…
After the close of trading today, we have an earnings attention war with Microsoft Corporation (NASDAQ: MSFT), the software and IT giant, going head to head for earnings attention with Google. While these companies…
Millennium Cell Inc. (NASDAQ: MCEL) (technically pink sheets) has approved a liquidation plan, and one that is going to bode poorly for shareholders. Its board of directors has approved a liquidation plan via the…
SunPower Corporation (NASDAQ: SPWR) is under a tremendous amount of pressure so far after the company posted earnings that were above expectations. The solar giant beat EPS targets by $0.10 with $0.61 EPS and…
This morning ValueClick (NASDAQ: VCLK) came out and dropped the bomb on forward guidance. The immediate guidance isn’t such a bad issue but the forward guidance is. It lowered revenue guidance by 2% to…
This morning we are seeing futures rise on the news from DJIA components being solid on the earnings front. There are some mixed reactions, but we saw solid earnings in a tough environment out…