Suntech Power (NYSE: STP) missed earnings this morning and shares are paying the price. The solar player posted $0.34 EPS, $0.02 worse than the First Call consensus of $0.36 EPS. Its revenues rose 82.5%…
Garmin Ltd. (NASDAQ: GRMN) posted earnings above plan at $1.31 EPS versus First Call consensus of $1.11, while revenues were $1.22 Billion versus the $1.05 Billion consensus estimate. Despite the concerns that GPS systems…
These are not the only analyst calls today, but these are the top ten calls that 247WallSt.com is looking at this morning: AT&T (NYSE: T) downgraded to Neutral from Outperform at Credit Suisse. Chesapeake…
After years of falling sales, Sharper Image (NASDAQ: SHRP) has filed for bankruptcy. Bloomberg writes “Sharper Image is in a severe liquidity crisis that is attributable to a host of factors,” Rebecca Roedell, chief…
Markets in Europe were down over 1% at 7 AM New York time. The FTSE fell 1.5% to 5,880. HSBC (HBC) was off 1.7% to 268.25. London Stock Exchange was down 3.5% to 1510.…
Verizon (NYSE: VZ) has been the cock of the walk, but that has changed. Yesterday, the shares hit a 52-week low at $35.19. The large run-up in Verizon’s stock last year was based on…
Soon a loaf of bread will be more expensive than a Krugerrand. The price of gold may be rising, but the price of wheat is up more and going up faster. "Wheat has more…
Hewlett-Packard (NYSE: HPQ) turned in one of the best performances of the earnings season. Net income rose 38%. Revenue rose 13% to $28.5 billion. The computer company raised guidance and its shares moved up…
News Corp’s (NYSE: NWS) MySpace social network which has about 110 million registered users is near a deal to offer music downloads. Instead of members paying for songs, they will be advertising supported. The…
It is not enough that Nintendo’s Wii outsells the Sony (NYSE: SNE) PS3 and Microsoft (NASDAQ: MSFT) Xbox 360 in almost every market, every month. Nintendo its launching a new product in the US,…
The pilots fly the planes and it looks like they also set the course for big airline mergers as well. A combination of Northwest Airlines (NYSE: NWA) and Delta (NYSE: DAL) is being held…
According to Reuters, ING took a Q4 impairment at the low end of expectations. Reuters writes that KKR Financial Holdings has delayed debt payments on loans backed by mortgge-related securities. Reuters writes that News…
Markets in Asia fell. The Nikkei was off 3.3% to 13,310. Docomo (DCM) was off 4.6% to 165000. Sharp was off 5.6% to 1955. Toyota (TM) was off 3.5% to 6090. The Shanghai Composite…
Texas Roadhouse(NASDAQ: TXRH) just proved the risks of owning a stock that is only a one restaurant chain pure-play. The company posted earnings at $0.10 EPS versus a $0.11 First Call consensus estimate. Its…
Crocs, Inc. (NASDAQ: CROX) has posted its fourth Quarter revenues rose more than 99% to $224.8 Million while its diluted EPS rose more than 73% to $0.45. First Call had estimates at $207.6 million…
Hewlett-Packard (NYSE: HPQ) posted non-GAAP EPS of $0.86 on $28.47 Billion in revenues. First Call had estimates pegged at $0.81 EPS on $27.6 Billion. H-P also put next quarter at $0.83 to $0.84 EPS…
Verizon (VZ) Bad news on broadband set-top delays and price cutting for cellular service. Falls to $35.37 from 52-week high of $46.24. Idearc (IAR) New CEO appointed after weak earnings. Not much of a…
State Street Corp (NYSE: STT) has announced that its investment management arm State Street Global Advisors has launched the SPDR® S&P® International Dividend ETF (AMEX: DWX) and it began trading today. The SPDR S&P…
If there is one seer and age-old timeless veteran in value investing, it is M.J. Whitman. His Third Avenue Management, LLC has filed its 13F with the SEC and it shows he is still…
Gap Inc. (NYSE: GPS) is losing its President of its Old Navy brand. Dawn Robertson, 52, is leaving Gap effective immediately, and Tom Wyatt of the Gap Outlet division will become acting president while…