Apple Disappoints on Earnings and Guidance
Apple Inc. (NASDAQ: AAPL) had a strange day ahead of earnings due to the Bloomberg TV news that Apple and music labels were going to launch a free ad-supported internet radio service in 2013.…
All Work
Jon C. Ogg
Amazon Loses Money
Amazon.com Inc. (NASDAQ: AMZN) has reported that sales were up 27% to $13.81 billion and its loss was $0.23 in normalized EPS after backing out items. Thomson Reuters was calling for -$0.08 EPS and…
Apple & Labels Launch of Internet Radio Would Steamroll Pandora
Apple Inc. (NASDAQ: AAPL) may have finally rolled out the real death sentence of Pandora Media, Inc. (NYSE: P). Pandora shares have tanked in late afternoon trading ahead of Apple’s earnings. The reason for…
Will New Capital Keep Navistar Afloat?
ThinkstockNavistar International Corp. (NYSE: NAV) just looks worse and worse by the day. The company is one of our Late 12012 Layoff Kings due to its ongoing woes crimping its sales. Now the company appears…
Hurricane Sandy Risks to Northeast Coast Grow
Hurricane Sandy became a more powerful storm than what the forecasters were expecting. Now it is looking as though Hurricane Sandy is another risk to the Northeast. The official path shows that the storm…
Groupon Sees Very Unusual Options Trading
Groupon, Inc. (NASDAQ: GRPN) is not a company where we would expect to see a large and unusual options transaction take place. After all, many traders and investors would say it is effectively now…
On Rumors of a United States Credit Rating Downgrade
Rumors that a Fitch Ratings downgrade of the United States appears to be false. We have tracked down the notes from this summer and the indication is that the review will be evaluated through…
Kansas City Fed Index Hits 3-Year Low
The Federal Reserve Bank of Kansas City has now released the October Manufacturing Survey and the survey revealed that its manufacturing activity declined slightly in October. It also said that producer expectations for future…
Crocs Fights Value Trap vs. Value
Crocs Inc. (NASDAQ: CROX) is getting absolutely crushed. While we always accuse the company of having the world’s ugliest shoes, the reason for its earnings woes may be different from just a poor economy.…
S&P Chart Moves Over Resistance
After a favorable durable goods report and after improving weekly jobless claims, stocks have managed to find some footing the day after the FOMC statement. We are analyzing the SPDR S&P 500 (NYSEMKT: SPY) as…
Short Sellers Lighten Up Bets Against Big Dividend Stocks (MO, AEP, NLY, T, DUK, KMB, KMP, MRK, PG, RAI, VZ)
Short sellers appear to be increasing their bets against some of the key dividend stocks we track, judging by the October 15 settlement date for the short interest versus the September 28 settlement date.…
Durable Goods Report Posts Large Gains in September
The Commerce Department is out with its report on durable goods orders for the month of September. We would caution that durable goods is one of the most volatile reports out there. The headline report…
Weekly Jobless Claims Report Splits Estimates
The U.S. Labor Department is out with its weekly jobless claims report from the prior week. We would note that weekly jobless claims have been a bit skewed because of a delay in California’s…
Top Analyst Upgrades and Downgrades (AKAM, BCH, BSAC, BA, BP, BRCD, CIEN, CROX, CBST, EMC, FB, HIBB, HON, INTC, ISIL, NBR, NSC)
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen in Wall St. research calls this Thursday. Akamai Technologies Inc. (NASDAQ: AKAM) raised to Outperform at Oppenheimer and raised to Buy…
Cult Stocks See Big Swings in the Short Interest (ALU, BAC, DNDN, DMND, FB, FSLR, GMCR, GRPN, LNKD, NFLX, NOK, RSH, RIMM, SIRI, ZNGA)
Jon OggThe short interest in the actively traded cult stocks and in some of the active low-priced shares can tend to be volatile, to say the least. We tracked some rather large moves up…
Meet the New Layoff Kings of Late 2012
As corporate earnings are disappointing and as the economy remains very sluggish, companies are announcing big waves of layoffs. Some have said that the layoffs this time of year are seasonal, as managers start…
The Low Growth, No Growth, Story at P&G
P&GProcter & Gamble (NYSE: PG) is going to try to deflect activist efforts with its earnings report, although the growth here still seems anemic. The consumer products giant reported that core earnings per share…
Zynga Earnings Reaction Boosted by Buyback and Short Covering
ZyngaZynga Inc. (NASDAQ: ZNGA) is out with earnings after the close. While the report does not look that great, investors have sold this one off to infinity and any news that is not of…
Oil Could Challenge $80/Barrel Again
Crude oil has so far been in free-fall. Black gold broke down further on Wednesday after breaking key support on Tuesday. December Crude futures on NYMEX were down $0.95 or 1.1% to $85.72. The…
FOMC Sees Inflation Running At Or Below Its Target
It was expected that there would be no change in the interest rate policy from the Federal Open Market Committee today. In fact, it was not even all that expected that any great revelations…