Pfizer Income Drops, Guidance Raises Concerns
Pfizer (PFE) did not have a very good quarter. Net income fell from $4.1 billion in the comparable quarter a year ago to $3.4 billion in the recent quarter. The company confirmed that it…
Pfizer (PFE) did not have a very good quarter. Net income fell from $4.1 billion in the comparable quarter a year ago to $3.4 billion in the recent quarter. The company confirmed that it…
For big US companies, China has a gravitational pull like the Sun. It can’t be avoided. The huge market is just too attractive. For firms like GM (GM), McDonald’s (MCD), and Wal-Mart (WMT), who…
Markets in Europe were up at 6.25 AM New York time. The FTSE rose .8% to 6,490. Barclays (BCS) was up 2.5% to 756.6. BP (BP) was down .3% to 570. BT (BT) was…
Oracle (ORCL) has grown so quickly recently, that there has been some cause for alarm that its European rival, SAP (SAP) might buckle under the pressure. No such luck for Oracle. SAP announced that…
China’s Mobile’s (CHL) earnings rose 22% to $2.3 billion. It now has 316 million domestic users, two-thirds of the Chinese market. Future concerns about earnings revolve around the company moving into rural areas where…
The technology editor of MarketWatch made a good point after Google (GOOG) released earnings. "Google’s quarterly results late Thursday show that the race to win that market (internet search ads) is over, in spite…
According to Reuters, the former CEO of Qwest (Q) was found quity of insider trading. Reuters writes that a software upgrade caused the outage of the Research In Motion (RIMM) network. Reuters also writes…
Markets in Asia rose. The Nikkei was up .5% to 17,453. Canon (CAJ) was up .8% to 6560. Hitachi (HIT) was 2.2% to 930. Honda (HMC) was down .2% to 4090. NEC (NIPNY) was…
By Yaser Anwar, CSC of Equity Investment Ideas
By William Trent, CFA of Stock Market Beat Google Announces First Quarter 2007 Results: Financial News – Yahoo! Finance Google reported revenues of $3.66 billion for the quarter ended March 31, 2007, an increase…
by H.S. AyoubBioHealth Investor.com
Mentor Corporation (NYSE: MNT) 17% LOWER; expects Fiscal 2007 sales of $300 million to $302 million. The Company had previously guided that sales would be in the range of $305 million to $315 million.…
Imation (IMN) Computer storage products maker has poor earnings, gets downgraded by Baird, and makes expensive acquisition. Three strikes and you’re out. Stock drops to $35.69. The 52-week high was $49.20. Georgia Gulf (GGC)…
Stock Tickers: CHTR, SIRI, XMSR, CMGI, KRY, VG, FMT Jim Cramer featured his SELL BLOCK series, where he reviews his pigs and prizes for Buy, Sell, or Hold strategies out of his past picks. …
Jim Cramer is still rolling on over his GREEN INVESTING strategies: Tetra Tech (TTEK-NASDAQ), a water investment, is his pick tonight on CNBC’s Mad Money. that is a consulting and engineering company. It is…
On tonight’s MAD MONEY on CNBC, Cramer was discussing following smart money like Gates or Buffett. But he thinks you can follow Carlos Slim as the overseas Buffett and is now the second richest…
AMD (AMD) rallied like a house afire, closing the regular session at $14.28. up 2.7% on over 50 million shares, about double its normal volume. AMD reported revenue of $1.233 billion and a GAAP…
Goolge (GOOG) posted non-GAAP EPS of $3.68 ($3.18 GAAP) and revenues of $3.66 Billion on a GAAP basis, but its ex-TAC revenues were $2.53 Billion (thats the # to look at) versus estimates of…
In an interesting coincidence rivals Netflix (NFLX) and Blockbuster (BBI) both received downgrades today. First Albany cut Netflix Inc. to “Neutral” from “Buy” to reflect weak industry subscriber additions. Blockbuster was downgraded to “Hold”…