Sovereign Bancorp (SOV) Moody’s cuts rating. Drops to $6.48 from 52-week high of $24.71. Select Comfort (SCSS) Quarter short of expectation. Down to $2.45 from 52-week high of $19.03. Taser (TASR) Misses estimates for…
This evening we’ll get to see earnings Baidu.com, Inc. (NASDAQ: BIDU). The estimates for the Chinese online search engine leader from First Call are $0.60 EPS on $75.39 million in revenues. Next quarter estimates…
One Wall St. analyst is forecasting that oil will go for $200 a barrel by 2010. According to The Financial Post "Jeff Rubin, chief economist at CIBC World Markets says oil production will barely…
Microsoft Corp. (NASDAQ: MSFT) reports earnings after the close of trading today, and First Call has estimates at $0.44 EPS on $14.5 Billion in revenues. Ballmer-Gates & Co. is expected to post $0.48 EPS…
CONSOL Energy (NYSE:CNX) today reported first quarter earnings of $75.1 million and EPS of $0.41. This is down from first quarter 2007 earnings of $113.3 million and EPS of $0.61. Revenue reached $1.03 billion…
Triarc Companies, Inc. (NYSE: TRY) and Wendy’s International, Inc. (NYSE: WEN) have signed a definitive merger agreement. According to the release, this has been approved by theboards of directors of both companies. The merger…
Motorola (MOT) sold only 27.4 million handsets last quarter, an astonish drop of 40%. The division may now be worthless. It will be spun off from the other operations, but investors will be likely…
Bristol-Myers Squibb Company (NYSE: BMY) came out with earnings at $0.35 EPS and reaffirmed 2008 guidance of $1.36 to $1.46 GAAP EPS and $1.60 to $1.70 non-GAAP EPS. It also maintained a 2007 to…
These are ten of the top calls we are seeing that could impact shares early this Thursday morning: Abercrombie & Fitch (NYSE: ANF) started as Market Perform at Morgan Keegan. Allegheny Tech (NYSE: ATI)…
Ford’s (F) share are trading up 5%. The company had an outstanding quarter. The car company reported net income of $100 million, or 5 cents per share, for the first quarter of 2008. This…
Potash Corporation of Saskatchewan Inc. (NYSE: POT) scored a win with earnings. The potash and fertilizer giant posted $1.74 EPS, a gain of 181% year over year and a gain of 50% sequentially. Revenues…
Markets in Europe were off at 6.35 AM New York time. The FTSE was down 1.7% to 5,977. Barclays (BCS) was down 2.4% to 445. BHP Billiton (BHP) was off 5% to 1831. The…
Starwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT) has come out with earnings early this morning at $0.44 EPS from operations excluding special items, or a net of $0.42 EPS. While these numbers are…
Based on estimates from the Chinese government, the most populated country in the world now has 221 million people online. That puts it even with the US. Of course, the market is growing faster…
There were too many headlines to count when Wal-Mart (WMT) got into the business of selling high-fashion, higher-price clothes a couple of years ago. The number of headlines increased when the project failed. Wal-Mart…
NextWave Wireless Inc. (NASDAQ: WAVE) may be unloading its held spectrum assets to focus on core technology offerings. Last night it announced that it has retained Deutsche Bank and UBS Investment Bank to explore…
After Motorola’s (MOT) global handset market share dropped from 22% two years ago to 14% more recently, it could hold on to one prize. It was still the top selling handset company in the…
There were two things that happened in China, both of which should be loved by U.S. and most country investors. First and foremost, China saw a rally in Shanghai by more than 9% on…
Most analysts thought that the good news out of Apple (AAPL) was that Mac sales were up 51% to 2,289,000. Nothing could be further from the truth. iPod sales sales have slowed considerably. They…
Football stars and CEOs pride themselves on winning when the chips are down, when things look to be at their worst. Elias Sports Bureau and legions of demented math Ph.Ds keep statistics on how…