Douglas A. McIntyre - Editor-In-Chief and CEO for 24/7 Wall St.
Lastest Stories by Douglas A. McIntyre
We have seen the earnings reports from all five DJIA components which were on deck to report this Tuesday. We are seeing a theme here: almost all posted lower earnings from a year ago that still...
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Pfizer (NYSE:PFE) had a better quarter than many expected. The drug company reported financial results for third-quarter 2009. Revenues were $11.6 billion, a decrease of 3%. EPS fell to $.51 from...
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Nylon seems like an innocuous enough product, but the material used to make goods like rope and pantyhose appears to have pushed the United States and China closer to a full-blown trade war.Read...
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These are this Tuesday’s top 10 analyst upgrades, downgrades, and initiations seen from Wall Street research calls which we have seen early in the morning: Amazon.com (NASDAQ: AMZN) Raised to...
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Apple (NASDAQ:AAPL) will launch the iPhone in China with China Unicom (NYSE:CHU) on October 30 with “1,000 points of sale,” according to a transcription of the company’s earnings...
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Price cuts work. In September, Sony’s (NYSE:SNE) PS3 outsold the Microsoft (NASDAQ:MSFT) Xbox 360 and Nintendo Wii for the first time in recent memory.Industry research firm NPD said that the video...
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The German government got in trouble with EU regulators because it only offered $6.7 billion in aid to one of the bidders for GM’s Opel unit. That bidder was Canadian car parts company Magna...
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Economists spend nearly all of their time now trying to figure out whether the recovery will stay on course and if GDP in the US will recover at 4% or 5% rate next year. They reason that if things go...
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It has taken the DJIA a little over 32 weeks to move from 6,547 to just over 10,000, a move up of 53%. The index will be back over 14,000 by the end of May next year if it continues its rise at this...
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Reuters: Apple (NASDAQ:AAPL) beat earnings forecasts. Reuters: The IRS is probing some homebuyers’ tax credit gains. Reuters: The US is ready to bring more insider trading cases....
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Markets in Asia were higher.The Nikkei rose 1% to 10,337.The Hang Seng was up 1% to 22,531. PetroChina (NYSE:PTR) rose.The Shanghai Composite was up by 1.5% to 3,084.At the open in Europe, the FTSE...
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Wall St.’s forecasts for Apple (NASDAQ:AAPL) were much, much too low. EPS for the September quarter was $1.82. Most analysts had the number pegged closer to $1.74. In the same quarter last year,...
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Texas Instruments Inc. (NYSE: TXN) just reported its quarterly earnings. On a non-GAAP basis, the chip giant’s earnings were $0.42 EPS and revenues were down 15% at $2.88 billion. Thomson Reuters...
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CF Industries Holdings Inc (NYSE: CF) rallied over 4% to a yearly high of $95.06 after Agrium Inc. announced that it had extened its offer to acquire CF Industries holding for $40 in cash and a share...
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We have provided some basic details on Tuesday’s earnings reports from DJIA components Caterpillar Inc. (NYSE: CAT), DuPont or EI DuPont de Nemours & Co. (NYSE: DD), Pfizer Inc. (NYSE: PFE), The...
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