Big Earnings Mix From Coca-Cola (KO)
Coca-Cola Company (NYSE: KO) is out with mixed earnings. Third quarter earnings rose 9% to $2.06 billion, while earnings on a per share basis rose to $0.88 EPS from $0.81 EPS a year ago. …
All Work
Jon C. Ogg
China Rate Hike, Dollar Aid
Raising rates is generally good for a currency, and in the case of China a rate hike there is actually good for the US Dollar due to that implied peg. Of course there is…
BofA Loss Clouds Credit Improvements
Bank of America Corporation (NYSE: BAC) is following Citigroup, Inc. (NYSE: C) and JPMorgan Chase & Co. (NYSE: JPM) by beating earnings expectations. Many of the headlines will describe a loss of more than…
Steve Jobs Conference Call Q&A Earnings Commentary (AAPL, RIMM, GOOG, ADBE, NOK)
There were some interesting takeaways from Apple’s conference call and its Q&A session of that call. The call ended right about 6:00 PM EST. Despite a blowout in sales and earnings and despite 57%…
Apple Blowout, Margins Still Sinking (AAPL, IAH, QQQQ, XLK, QLD, IYW)
Apple Inc. (NASDAQ: AAPL) has managed a huge surprise on earnings today. Steve Jobs and friends posted earnings of $4.64 EPS and a record of $20.34 billion in revenues. Thomson Reuters has estimates of…
IBM’s Earnings Already Priced In (IBM)
International Business Machines Corp. (NYSE: IBM) reported $2.82 EPS and $24.3 billion in revenues. Thomson Reuters had estimates of $2.75 EPS and $24.12 billion in revenues. As far as guidance, IBM said 2011 would…
Wal-Mart Raising Billions Via Debt Sale (WMT)
Wal-Mart Stores, Inc. (NYSE: WMT) had a bit of unusual debt rating coverage this morning after Fitch reiterated Wal-Mart’s “AA” rating and said its outlook is stable. The reason for the note was a…
Offshore Wind Farm Overruns Hammering Shares (FLR, SI, GE, AMSC, BGC, ABB)
Construction and engineering firm Fluor Corp. (NYSE:FLR) has revealed that the company will take a charge of about $163 million, or -$0.90/share, against its third quarter results due to projected cost increases on the…
Earnings Dominance, Apple Versus IBM (AAPL, IBM)
What do Apple Inc. (NASDAQ: AAPL) and International Business Machines Corp. (NYSE: IBM) have in common, besides earnings due after the close? Both stocks are essentially sitting at all-time high share prices going into…
Can BP Divest Itself Into Favor Again? (BP)
BP plc (NYSE: BP) is still trying to sell off assets to narrow the focus of the company and to fund its obligations from the Gulf of Mexico oil spill. The company plans to…
Analyst Drives AIG With Buy (AIG)
American International Group, Inc. (NYSE: AIG) does not have many analysts that cover it any longer. After the meltdown and massive government stake, what else would you expect? There is actually a positive call…
Top Active Trader Alert Stocks (AGAM, AAPL, ABK, FLR, ISTA, LULU, PETS, STX, WDC)
Active traders and day traders have many stocks to choose from this Wednesday morning. We are tracking news and moves in shares of Some of the most active stocks or largest moves seen in…
Top Analyst Upgrades and Downgrades (COP, GPI, HUN, IPG, MRO, MUR, OSG, PM, PCG)
The key analyst calls are a little light this Monday morning ahead of the flurry of earnings. These are some of this Monday’s key analyst upgrades, downgrades, and initiations seen in Wall Street research…
Citi Calls For Continued Profitability (C)
Citigroup, Inc. (NYSE: C) is seeing what appears to be a slight positive reaction to its earnings beat. The banking giant reported earnings Monday morning with $0.08 EPS versus Thomson Reuters estimates of $0.06…
Utility Mergers Continue (NU, NST)
More mergers in utility-land. Northeast Utilities (NYSE: NU) and NSTAR (NYSE: NST) have announced a $17.5 billion definitive merger in a move to create one of the largest utilities in the U.S with six…
Full Apple Analyst Field Updates Ahead of Earnings (AAPL, IAH, QQQQ, XLK, QLD, IYW)
Apple Inc. (NASDAQ: AAPL) has earnings due on Monday, October 18, 2010, after the closing bell. While we wanted to look at the consensus data, we also wanted to see what were some of…
New Ethanol Requirement Fails to Boost Shares (ADM, VLO, PEIX, CZZ, BG)
The US Environmental Protection Agency has released its expected increase in the ethanol “blend wall” from 10% (E10) to 15% (E15) for light vehicles built in model year 2007 and later. The agency is…
11 DJIA Components Reporting Earnings Next Week (IBM, BAC, KO, BA, UTX, T, CAT, MCD, TRV, AXP, VZ, C, MO, HON)
The week of October 18 to 22 is jam-packed with earnings. It also happens that eleven of the thirty DJIA components reporting earnings will be delivered next week. On deck are such major players…
Top Active Trader Alert Stocks (APOL, ABK, DSCO, GE, GOOG, BIDU, MAT, NBG, STX, WDC)
Active traders and day traders have many stocks to choose from this Wednesday morning. We are tracking news and moves in shares of Apollo Group Inc. (NASDAQ: APOL), Ambac Financial Group, Inc. (NYSE: ABK),…
Bernanke Speals on Growth & Inflation in QE/QE2
Federal Reserve Chairman Ben Bernanke is keeping quantitative easing alive despite saying action is or isn’t being taken. The speech is from a monetary policy conference held by the Federal Reserve Bank of Boston. …