SanDisk (NASDAQ: SNDK) has posted fourth-quarter earnings of non-GAAP EPS of $0.69 on revenues of $1.246 billion. Estimates from First Call were $0.64 EPS on $1.27 Billion in revenues. Eli Harari, Chairman & CEO:…
Alliance Data Systems (ADS) Deal for buy-out may be falling apart. Shares fall to $39.54 from 52-week high of $80.79. Image Entertainment (DISK) Dispute with creditors. Drops to $1.04 from 52-week high of $4.50.…
An IPO filing came in today from a company called Current Media, Inc. The filing shows for a sale of up to $100 million in securities, although this number is merely for filing purposes. …
We’va already been warned that this quarter was going to be a miserable one, but today is the awaited earnings from American Express (NYSE: AXP). As this is a DJIA component and as this…
Today is the long-awaited earnings out of virtualization leader VMware Inc. (NYSE: VMW). This could be a crucial report as this is only the second earnings report out of the company and its first…
Acorda Therapeutics inc. (NASDAQ: ACOR) showed late stage trial results on its drug candidate Fampridine-SR for treating multiple sclerosis. This data showed that Fampridine, which is designed to treat multiple sclerosis, did not increase…
McDonald’s (MCD) was the greatest stock in the US until it wasn’t. Improvement in same-store sales in the US and overseas drove the stock from below $32 in June 2006 to over $63 just…
SanDisk Corp. (NASDAQ: SNDK) reports earnings after today’s close and estimates from First Call are $0.64 EPS on $1.27 Billion in revenues. Interestingly enough, American Technology Research analyst Doug Freedman has just made a…
MercadoLibre (NASDAQ: MELI) filed to sell up to $292,140,000 in common stock after the close of trading on Friday via JPMorgan and Merrill Lynch. The problem isn’t that this will just be dilutive to…
Revenue at McDonald’s (MCD) rose 6% in the fourth quarter to $5.754 billion. Operating income jumped 22% to $1.355 billion. Asia/Pacific, Middle East and Africa delivered quarterly results driven by an 11.4% comparable sales…
Shares of Alliance Data (ADS) are trading off 42% before the open. The Blackstone Group (BX) and Aladdin Solutions have informed Alliance Data that they do not anticipate the condition to closing the merger…
Alliance Data Systems (ADS) was informed by Blackstone that conditions likely won’t be satisfied to complete the merger; stock trading down close to 40%.American Express (AXP) reports earnings today with estimates at $0.71 EPS.Biogen…
These are not the only analyst calls impacting stocks pre-market, but these are the top calls that 247WallSt.com is focusing on:Caterpillar (NYSE: CAT) raised to Outperform at Bear Stearns.Eastman Chemical (NYSE: EMN) raised to…
Market in Europe were off sharply at 6.30 AM New York time. The FTSE sold down 2.1% to 5,749. BP (BP) was off 3.4% to 519.5. BHP Billiton (BHP) was down 3.6% to 1366.…
Sears (SHLD) controlling shareholder Eddie Lampert has no one but himself to blame for the disaster created by putting together two weak retailers, Sears and K-Mart, to try to make on strong one. Lampert…
Cisco (CSCO) is launching a new line of products to serve big corporate data centers. According to The Wall Street Journal "the networking giant says its Nexus Series of products will address problems that…
Big handset company Sony-Ericsson is launching its own music store following about a billion other companies into the business of selling digital songs to owners of portable multimedia devices. That list is dominated by…
As far as anyone knows, Bank of America (BAC) is buying Countrywide Financial (CFC). The CFC stock price would indicate that the market has its doubts about whether the deal will close. The groups…
Angelo Mozilo, America’s favorite CEO, the head of train-wrecked mortgage-bank Countrywide Financial (CFC) has elected to pass on his pay package. According to The Wall Street Journal, Moz "is giving up $37.5 million of…
According to Reuters, gaps in controls at Societe Generale allowed a junior trader to make at $73 billion losing bet on European shares prices. Reuters writes that Countrywide’s (CFC) CEO will give up $37.5…