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Jon C. Ogg

First Solar Margin Pressure Trumps Earnings & Guidance (FSLR)

First Solar, Inc. (NASDAQ: FSLR) looked like a decent report, but there is a sell-the-news reaction taking place in the after-hours trading session.  The solar giant posted 16% higher earnings of $2.04 EPS versus…

Jon C. Ogg · 16 years ago

Microsoft Calls Positive Environment (MSFT)

Microsoft Corporation (NASDAQ: MSFT) came out with its earnings after the close (only on the website, no press release).  This was record revenues for its first quarter of up about 25% to $16.20 billion. …

Jon C. Ogg · 16 years ago

Apple’s Annual Report Kills Dividend Hopes (AAPL)

Apple Inc. (NASDAQ: AAPL) disclosed many things in the 2010 Annual Report filing last night.  The most important was the warning about its gross margin coming in lower for the next quarter at about…

Jon C. Ogg · 16 years ago

Potash Earnings Distraction (POT, BHP)

Potash Corp. of Saskatchewan (NYSE: POT) is a company we feared would not really trade around its earnings and guidance.  The real news is still its pending offer from BHP Billiton plc (NYSE: BHP),…

Jon C. Ogg · 16 years ago

Bruce Berkowitz Buys More AIG, Downplay of CEO Illness (AIG)

American International Group, Inc. (NYSE: AIG) has recently disclosed that CEO Bob Benmosche has cancer, and last night the company announced a succession plan in case it is needed.  What is more important is…

Jon C. Ogg · 16 years ago

Jobless Claims Finally Heading in Right Direction

The weekly jobless claims  data from the Labor Department managed to show a positive trend this morning.  Claims actually fell by 21,000 down to 434,000 for the week.  Bloomberg had consensus at 455,000.  This…

Jon C. Ogg · 16 years ago

Apple Comes Clean On Fate Of Margins (AAPL)

Apple Inc. (NASDAQ: AAPL) is trading lower in the after-hours period after its annual report was filed with the SEC after the close of trading today.  The drop is due to ongoing margin pressures. …

Jon C. Ogg · 16 years ago

Microsoft Goes Cheapo on Earnings Releases (MSFT)

Microsoft Corporation (NASDAQ: MSFT) is expected to report earnings on Thursday after the close.  We had already questioned the company’s ability to reconcile its books because it seems that the earnings release dates are…

Jon C. Ogg · 16 years ago

Update: In Defense of Bank of America (BAC)

Maybe the worst is over for Bank of America Corporation (NYSE: BAC).  Maybe.  The fears of mortgage put-backs and lawsuits over mortgage disclosures and the ongoing foreclosure halt has created what many feel may…

Jon C. Ogg · 16 years ago

In Defense of Bank of America (BAC)

Maybe the worst is over for Bank of America Corporation (NYSE: BAC).  Maybe.  The fears of mortgage put-backs and lawsuits over mortgage disclosures and the ongoing foreclosure halt has created what many feel may…

Jon C. Ogg · 16 years ago

The Case For an E*Trade Buyout Ahead (ETFC, AMTD, SCHW)

It has been a week since E*TRADE Financial Corporation (NASDAQ: ETFC) reported earnings.  We have also seen earnings this week from TD AMERITRADE Holding Corporation (NASDAQ: AMTD), and The Charles Schwab Corporation (NYSE: SCHW)…

Jon C. Ogg · 16 years ago

Sprint’s Turnaround Remains A Dream (S, T, VZ, VOD, CLWR)

The third largest wireless phone company in the US, Sprint Nextel Corp. (NYSE:S) continues to add customers, but they must not be paying their bills. The company reported a third-quarter EPS loss of -$0.30…

Jon C. Ogg · 16 years ago