SunPower (NASDAQ: SPWR) has posted $0.39 Non-GAAP EPS on revenues $273.7 million. This translates to $0.15 GAAP EPS. These numbers are above plan according to First Call estimates of $0.35 non-GAAP EPS and $245.2…
Nokia (NYSE: NOK) sold 115 million handsets in the first quarter, an increase of 27% over the same quarter a year ago. The bad news is that the average yield-per-handset fell to 79 euros…
These are some of the top analyst calls we are focusing on this morning: ArcelorMittal (NYSE: MT) Cut to Neutral from Overweight at HSBC. Caribou Coffee (NASDAQ: CBOU) Cut to Neutral from Outperform at…
Dell (NASDAQ: DELL) is sick of being kick around in China. Hewlett-Packard (NYSE: HPQ), Lenovo, and Acer have been picking on the Austin-based PC firm for years. According to the AP "Dell Inc. will…
Merrill Lynch (MER) turned in a truly aweful quarter. The financial company reported a net loss from continuing operations for the first quarter of 2008 of $1.97 billion, or $2.20 per diluted share, compared…
Fearing a reprise of the 2000 catastrophe which wrecked hundreds of tech companies, big firms in the sector are hording cash. The only trouble with the idea is that the firms putting money onto…
Markets in Europe rose slightly at 6.25 AM New York time. The FTSE was up .1% to 6,052. Barclay’s (BCS) rose 2.6% to 491.5. SABMiller was up 5.5% to 1,182. The DAXX moved up…
Hedge funds, nervous about the fading magic of the markets, are moving into cash, the perfect investment for retiring school teachers. The reasons that fund managers give, according to The Wall Street Journal, is…
EBay (EBAY) can post pretty good results, and the market does not care. Yesterday, the online auction company put up an earnings increase of 26% on a revenue pop of 24% to almost $2.2…
After the close of trading this Thursday, we’ll get to see earnings out of Google Inc. (NASDAQ: GOOG). The estimates for the search engine super-giant from First Call are $4.52 EPS on $3.61 billion…
It is no surprise that Google’s (GOOG) search technology and its ability to marry advertising with search results is better than Yahoo!’s (YHOO). Otherwise Yahoo! would have Google’s market cap instead of the very…
For reasons that will escape even the most rigorous analysis, JP Morgan (NYSE: JPM) has elected to raise $6 billion through the sales of preferred shares. In the last quarter, the big bank had…
According to Reuters, the head of Samsung has been indicted for tax evasion. Reuters writes Ebay (EBAY) profits rose 22%, but the company was cautious about the rest of the year. Reuters reports that…
Markets in Asia were mostly higher. The Nikkei was up 1.9% to 13,398. Canon was up 5.1% to 4850. Sony (SNE) was up 4.3% to 4370. Toyota (TM) was up 2.7% to 5010. The…
The market was buoyed by Intel’s (NASDAQ:INTC) earnings. It should have been. Gross margins were good, Year-over-year results were fine. If there was any concern about the quarterly report is was the drop of…
On Thursday, we’ll get to see earnings out of TD AMERITRADE Holding Corporation (NASDAQ: AMTD) and E*TRADE Financial Corporation (NASDAQ: ETFC). In fact, that will already mark the actual end of the discount brokerage…
Pfizer, Inc (NYSE: PFE) has signed an agreement with the much smaller AVANT Immunotherapeutics (NASDAQ: AVAN). The two have announced an agreement where Pfizer will be granted an exclusive worldwide license to its CDX-110…
Gilead Sciences, Inc. (NASDAQ: GILD) posted results after the close today. Its Q1 revenues surged to $1.26 billion and non-GAAP earnings was $522.1 million, or $0.54 EPS. First Call had estimates at $0.48 EPS…
Shares of International Business Machines Corp. (NYSE: IBM) are initially surging after earnings. Big Blue posted $1.65 EPS on $24.5 Billion in revenues, while estimates from First Call were $1.45 EPS on $23.71 billion…
Ebay (NASDAQ: EBAY) shares rallied modestly into the close, up 1.7% to $32.09. The company posted first quarter revenue of $2.19 billion, up $424 million from the same period last year. Revenue growth was…