AT&T (T) had a good quarter, powered by its wireless service. For the quarter ended March 31, 2008, AT&T’s revenues totaled $30.7 billion, up 6.1 percent versus reported results in the year-earlier quarter. The…
Lehman Brothers has initiated major technology companies in new analyst coverage this morning. The broker has a mixed call in the sector. Overweight rated stocks are Apple, Inc. (NASDAQ: AAPL) with a $195.00 target;…
McDonald’s (MCD) had a blow-out quarter. Global comparable sales increased 7.4%, Revenue rose 6% to $5.615 billion. Operating income was up 24% to $1.463 billion. Earnings per share were $0.81, up 31% versus $0.62…
These are some of the top analyst calls that we are focusing on this Tuesday morning in pre-market trading hours: Alliance Data (NYSE: ADS) raised to Overweight at JPMorgan. Garmin Ltd. (NASDAQ: GRMN) started…
Markets in Europe were up modestly. The FTSE rose .3% to 6,069. Barclays (BCS) fell 4.1% to 458.75. RBS (RBS) fell 4% to 357.75. The DAXX was up .3% to 6,807. Deutsche Bank (DB)…
Royal Bank of Scotland (RBS) will raise as much as $24 billion to bolster its capital position, a dubious record which US banks will not want to match anytime soon. The big UK bank…
The mid-month reports on short interest in NYSE shares showed that many short sellers moved out of big financial stocks but made large bets against airlines and auto companies. With the prices in these…
According to Reuters, earnings from Texas Instruments (TXN) disappointed investors and the company issued a weak forecast. Reuters report that RBS (RBS) will raise $24 billion to help the bank which is likely to…
The executive editor of The Wall Street Journal has resigned. Marcus Brauchli had been in his post about one year. The Wall Street Journal is owned by News Corp (NWS) Douglas A. McIntyre
Markets in Asia were mixed The Nikkei fell 2% to 13,548. NIkon was off 3.8% to 2915 Nomura was down 3.9% to 1639. The Hang Seng was off .1% to 24,704. China Mobile (CHL)…
Things were bad at HP (NYSE: HPQ) three or four years ago. The company’s stock did fall from $25 in early 2004 to $16.50 that August. The computer firm ended up kicking out its…
The soon to price IPO of Intrepid Potash (NYSE: IPI) is a hot upcoming IPO that we have covered as "hot to scorcher" because of the steady rising and hikes seen in potash and…
Because of Earth Day and because of a strong performance, Jim Cramer came on CNBC’s MAD MONEY tonight after a week off and said he wanted to revisit which ones to buy and hold…
There are many restaurants reporting earnings this week, some who have suffered from economic sensitivity and some who have not. People do have to eat when times are good and when times are tough,…
Once a year, the firm Millard Brown puts out its BrandZ 100 Most Valuable Brands. The data used for the list comes from consumer research and financial data on the companies. The research house…
Texas Instruments Inc. (NYSE: TXN) just posted earnings of $0.49 EPS after items, which was really $0.43 when accounting for a tax gain and it reported Revenues of $3.27 Billion, while First Call had…
Netflix, Inc. (NASDAQ: NFLX) is seeing some share punishment after-hours. The monthly mail rental DVD operation posted $0.21 EPS net EPS and $0.23 non-GAAP EPS on $326.2 million in revenues. First Call had estimates…
National City Corporation (NCC) Raising money and big dilution. Falls to $5.90 from 52-week high of $38.32. Pfizer (PFE) Concerns about big pharma results. Drifts off to $20.13. $27.73. Aladdin Knowledge Systems (ALDN) Bad…
After the close today, we’ll get to see earnings out of Texas Instruments Inc. (NYSE: TXN). The estimates for the company from First Call are $0.43 EPS on $3.28 billion in revenues. Next quarter…
This week is going to be the key earnings reporting week for companies tied to aerospace and defense sector stocks. If there is one area that everyone is expecting to hold up, it is…