Europe Markets 5/6/2008 (GSK)(SAP)
Markets in Europe were off modestly at 6.40 AM New York time. The FTSE dropped .6% to 6,181. British Airways was off 3.8% to 239.25. GlaxoSmithKline (GSK) was off 1.8% to 1131.…
Markets in Europe were off modestly at 6.40 AM New York time. The FTSE dropped .6% to 6,181. British Airways was off 3.8% to 239.25. GlaxoSmithKline (GSK) was off 1.8% to 1131.…
Markets in Europe were off at 6.35 AM New York time. The FTSE was down 1.7% to 5,977. Barclays (BCS) was down 2.4% to 445. BHP Billiton (BHP) was off 5% to…
Markets in Europe were slightly higher at 6.10 AM New York time. The FTSE rose .2% to 5,730. BHP Billiton (BHP) was up 1.9% to 1501. British Airways was off 3.3% to…
Markets in Europe were higher at 7 AM New York time. The FTSE was trading up 1.1% to 5,725. Barclays (BCS) was up 3.2% to 459. HBOs was up 4.6% to 566.5.…
Oracle’s (ORCL) earnings were excellent by any measure except, perhaps, the perverse yard-stick of Wall St. Revenue rose 21% and profits were up 30% To say in another way, margins improved sharply,…
After today’s close we’ll get to see earnings out of Oracle Corp. (NASDAQ: ORCL). The estimates for the enterprise software company from First Call are $0.30 EPS on $5.42 billion in revenues. …
Below are the top analyst upgrades and downgrades we are looking at this Tuesday morning: Altria Group (NYSE: MO) Started as Buy at UBS. Amazon.com (NASDAQ: AMZN) started as Buy at Canaccord…
Markets in Europe were narrowly mixed at 7.15 AM New York time. The FTSE was up .1% to 5,706. BHP Billiton (BHP) was off 3.8% to 1529. HSBC (HBC) was up 1.9%…
Recessions make strange bedfellows. Of all the truly huge businesses in the US, save the oil companies, Wal-Mart (WMT) and Microsoft (MSFT) are having unusually good runs. Yesterday, the CFO of Microsoft…
Microsoft (NASDAQ: MSFT) has not felt the impact of slower spending. Software must be sitting outside the vortex which is dragging the rest of the economy under. Redmond’s CFO says that the…
Markets in Europe were down over 1% at 6 AM New York time. The FTSE fell 1.2% to 5,811. Barclays (BCS) was down 3.3% to 461.75. HSBC (HBC) was up 1.1% to…
Markets in Europe were down at 7.35 AM New York time. The FTSE fell .2% to 5,919. GlaxoSmithKline (GSK) was down 1.2% to 1121. Next was down 4.7% to 1293. The DAXX…
Markets in Europe were down slightly at 6.45 AM New York time. The FTSE was off 4% to 5,760. BP (NYSE: BP) was up 1% to 552.5. GlaxoSmithKline (NYSE: GSK) was up…
Markets in Europe are down at 7.10 AM New York time. The FTSE is off .7% to 5,844. BP (BP) is off 1.3% to 526.5. Rio Tinto (RTP) is up 3% to…
According to Reuters, the Fed is set to cut rates again to avoid a recession. Reuters writes that UBS (UBS) subprime losses increased driving the bank further into the red. Reuters reports…