Acording to Reuters profits at Apple (AAPL) rose but Wall St. did not like margins. Reuters reports that Starbucks (SBUX) cut its outlook due to the housing crisis. Reuters writes that Amazon’s (AMZN) pricing…
Markets in Asia were mixed with Shanghai up over 9% The Nikkei fell .3% to 13,541. KDDI rose 1.8% to 668000. Yahoo Japan fell 2.3% to 51,500. The Hang Seng rose 1.9% to 25,775.…
On April 15, the Claymore/MAC Global Solar Energy Index ETF (NYSE: TAN) was launched on ETF leader, the NYSE Arca. Under the ticker “TAN,” the ETF tracks 25 solar power industry companies globally for…
On CNBC’s MAD MONEY this evening, Jim Cramer said that as part of his green week and in picking alternative energy stocks, he wanted to identify which stocks would win under the alternative energy…
Thursday morning, we’ll get to see earnings out of Potash Corp. of Saskatchewan, Inc. (NYSE: POT). The estimates for the potash producer from First Call are $1.52 EPS on $1.67 billion in revenues. Next…
Microsoft Corp. (NASDAQ: MSFT) is set to report earnings after the close Thursday, and First call has estimates at $0.44 EPS on $14.5 Billion in revenues. The software giant is also expected to post…
After today’s close we saw earnings out of NutriSystem Inc. (NASDAQ: NTRI) with $0.42 EPS on $216.468 million in revenues. The estimates from First Call were $0.41 EPS on $214.52 million in revenues. The…
After today’s close we got to see earnings out of Apple (NASDAQ: APPL). Steve Jobs & Co. posted $1.16 EPS and $7.51 Billion in revenues. The estimates from First Call were $1.07 EPS on…
Starbucks (SBUX) is now dead, just not buried. The company warned on earnings for the quarter and the year. Howard Schultz’s attempt at a turnaround never made it out the door. He was too…
For Amazon (AMZN) the performance can never be good enough. The firm posted a net sales increased 37% to $4.13 billion in the first quarter. Net income increased 30% to $143 million in the…
Qualcomm (QCOM) the tech company involved in more intellectual property litigation that any other, posts just OK earnings. Revenue hit $2.61 billion, up 17 percent year-over-year. Net income inched higher to $766 million, up…
Ambac (ABK) Big loss for quarter. Falls to $3.08 from 52-week high of $96.10. Arrow Electronics (ARW) Drop off in first quarter profit. Sells down to $26.58 from 52-week high of $44.95. McClatchy Newspapers…
Biogen Idec (NASDAQ: BIIB) is sliding marginally despite reported earnings today that showed a 23% increase in earnings riding on sales growth on Avonex and Rituxan. The earnings beat estimates and the company raised…
After today we’ll get to see earnings out of Apple (NASDAQ: APPL). The estimates for the computer and portable device giant from First Call are $1.07 EPS on $6.96 billion in revenues. Next quarter…
Eaton Corp. (NYSE: ETN) priced a common stock offering for 17.5 million shares at $84.00 per share for gross proceeds of $1.43 billion this morning. Its market cap is roughly $12.4 billion. Joint book-running…
Liberty Mutual has agreed to acquire Safeco Corp. (NYSE: SAF) for some $6.12 billion this morning. Liberty offered to purchase all outstanding common shares at $68.24 per share, representing roughly a 50% premium to…
On Monday, Peabody Energy (NYSE:BTU) announced strong first quarter results: 15% increase in revenue to a record $1.28 billion and EPS from continuing operations of $0.26. Peabody raised its full-year target by $500 million,…
American Water Works Co. Inc. (NYSE: AWK) has opened for trading. The first real open-print was $20.60 for some 6.62 million shares. Unfortunately, this is going to gear down some of the water expectations…
Jeff Immelt will get to explain the recent General Electric Co. (NYSE: GE) earnings SNAFU all over again today. Frankly, all we really care about at 247WallSt.com is what lies ahead rather than rehashing…
Ambac Financial Group Inc. (NYSE: ABK) saw yet another huge loss today, and as this is still key for system-wide "counterparty risk" concerns this is a drag on the market. On an operational basis,…