A Higher Bid for Illumina? (ILMN, RHHBY)
Illumina Inc. (NASDAQ: ILMN) had a solid day on Wednesday due to a hostile bid from Roche (RHHBY). The hope is that a higher bid may head Illumina’s way and the 52-week trading range…
All Work
Jon C. Ogg
AT&T Earnings Preview (T, VZ)
AT&T Inc. (NYSE: T) is due to report its quarterly earnings for its fourth quarter on Thursday morning and estimates are $0.45 EPS and $31.94 billion in sales. Shares are still hanging north of…
E*TRADE Stumbles On Earnings (ETFC)
E*TRADE Financial Corporation (NASDAQ: ETFC) is trading lower in the after-hours session after reporting a loss for the quarter. The online broker lost $6 million or -$0.02 EPS versus $0.24 EPS one quarter earlier. …
Netflix Earnings: When An Implosion Is Less-Bad! (NFLX)
Netflix, Inc. (NASDAQ: NFLX) has given its highly awaited earnings report. The online and DVD rental giant reported earnings of $0.73 EPS and $876 million in sales. Thomson Reuters had estimates of $0.55 EPS…
Ericsson Sinks Hooks Into Alcatel-Lucent (ERIC, ALU, CSCO)
LM Ericsson Telephone Company (NASDAQ: ERIC) turned in even weaker earnings than what many say should have been expected. Its fourth quarter earnings should have been of little surprise when you consider how weak…
Gold & Silver Miners Love Low-Rate Outlook (SLW, PAAS, GG, NEM, KGC, AEM, GDX, GDXJ, SIL)
Silver and gold miners just got some great news today after having lost so much luster in recent months. The FOMC has now telegraphed that it expects that interest rates will remain exceptionally low…
Utopia Juice: Bernanke Hints QE3 (or QE4)
The Federal Reserve has no more room cut interest rates. About all it can do is to take the discount rate lower than the 0.75% but the target rate of 0.00% to 0.25% for…
New Lower Fed Long-Term Targets: Employment, Inflation, GDP & Rates
The Fed is going to continue on its dual-mandate of inflation and employment as it stated that it will take a balanced approach to maintain price stability and to promote employment. While inflation targets…
Euro Steel Demand On Rise? (X)
United States Steel Corporation (NYSE: X) is already signaling that things are better. You will have to decide whether it buckled to pressure from workers on your own or not, but the report is…
Cheering Greek Banks (NBG)
National Bank of Greece (NYSE: NBG) is having one of the rare great days. After the nation of Greece has been a thorn in the side of the Euro, even more than the rest…
Online Brokers Hate New Late-2014 FOMC Rate Stance (SCHW, ETFC, AMTD)
Most financial firms are supposed to benefit from low interest rates because of the spread they can get by borrowing short-term and investing long-term. The problem is that rates went so low to a non-existent…
Fed Now Keeping Near-Zero Rates Through Late-2014… QE4?
This was definitely going to be a different sort of FOMC day with the way that the new communications are going to show more of the inner-thinking of the Federal Reserve on rates and…
Einhorn Addresses Insider Trading in U.K.
David Einhorn’s Greenlight Capital, Inc. has confirmed that the Financial Services Authority (“FSA”) in the United Kingdom has fined Greenlight and David Einhorn for inadvertently engaging in market abuse tied to trading in shares of…
S&P Smiles With A Harley-Davidson Upgrade (HOG)
Standard & Poor’s may be busy downgrading the credit ratings of sovereign nations and all of the agencies and dependent entities tied to them, but some companies are finding credit rating upgrades. This is…
United Tech May Still Be Best Conglomerate For 2012 (GE, UTX, GR)
General Electric Co. (NYSE: GE) is a personal favorite among conglomerate stocks right now for 24/7 Wall St. and we went as far as to add GE to the 2012 Model Dividend Portfolio. Still,…
Rediff Crash & Burn… Cash Burn (REDF)
Rediff.com India Limited (NASDAQ: REDF) looks like a demise of another Indian growth story. The company’s results were exacerbated by the U.S. dollar move…. India online revenues remained at the same level sequentially but…
DOE Investories Creating Moves (USO, VLO)
The Department of Energy is out with its weekly data on crude oil stocks in reserve and the other metrics which normally follow it. Crude Oil stocks turned in a gain of +3.558 million…
Full 360-Degree Netflix Earnings Preview (NFLX, AAPL, AMZN, GOOG, CSTR)
Netflix, Inc. (NASDAQ: NFLX) is set to report earnings after the close and Wall Street has to be wondering if the bar has been set low enough to clear. While shares have bounced 50%…
Zynga Quiet Period Ends, Analysts Come To Defend (ZNGA)
ZyngaZynga, Inc. (NASDAQ: ZNGA) has now seen its quiet period end after its December IPO. Shares were up big yesterday after Robert W. Baird’s research team jumped in ahead of the underwriting group with…
New $650 Price Targets For Apple (AAPL)
Apple Inc. (NASDAQ: AAPL) is already all over the news this morning after the stock blew apart its analyst earnings estimates. The consumer electronics giant also carries almost $100 billion in cash and securities…