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Budweiser Sales Rise, InBev Shares Falter (BUD, TAP, SAM, SBMRY)

Anheuser-Busch InBev SA/NV (NYSE: BUD) reported first quarter earnings this morning that beat consensus estimates for EPS and barely missed revenues, but the company’s shares are lower on concerns about US sales, rising costs,…

Paul Ausick · 14 years ago

Starbucks’ Shares Fall After Solid Results (SBUX)

Coffee merchant Starbucks Corp. (NASDAQ: SBUX) must be wondering today what it needs to do to impress investors. For its second fiscal quarter, the company reported revenues of $3.2 billion and EPS of $0.40,…

Paul Ausick · 14 years ago

The Starbucks/Mercedes Economy

Some people around the world are doing very well financially. Starbucks (NASDAQ: SBUX) is selling a record number of $5 coffee drinks. Daimler’s results were unexpectedly strong as Mercedes sales were better than expected.…

Douglas A. McIntyre · 14 years ago

Amazon Earnings Overcome Seriously Low Margins (AMZN)

Amazon.com Inc. (NASDAQ: AMZN) has turned in its highly anticipated earnings report.  The online retail giant earned $0.28 EPS and sales were up 34% to $13.8 billion. Operating income was $192 million in the…

Jon C. Ogg · 14 years ago

Deckers Comes Clean With Bad News (DECK)

Deckers Outdoor Corporation (NASDAQ: DECK) is getting pounded for its silence about the earnings due to warm weather.  The company is a true winner when weather is cold but it suffers if the winters are…

Jon C. Ogg · 14 years ago

Pepsi Bubbles Along (PEP, KO, CCE, COKE, CCH, KOF)

Soft drink and snack food giant Pepsico Inc. (NYSE: PEP) reported first quarter earnings this morning that topped expectations. Adjusted EPS came in at $0.69 versus a consensus estimate of $0.67 and revenue rose…

Paul Ausick · 14 years ago

McDonald’s Offers No Surprises (MCD, YUM, SBUX)

Same-store sales in US McDonald’s Inc. (NYSE: MCD) stores rose 8.9% in the first quarter, substantially higher the 5.5% rise in same-store sales in the company’s Asia/Pacific, Middle East, and Africa region and the…

Paul Ausick · 14 years ago

A Real Macau Win for Wynn? (WYNN, MPEL)

Do you remember the “Do over!” SEC filing from Wynn Resorts Ltd. (NASDAQ: WYNN) a few weeks back? Everyone assumed it meant a deal was all but done, but now shares are trading higher on…

Jon C. Ogg · 14 years ago

Best Buy Finally Closes 50 Stores

A number of cities’ residents breathed a sigh of relief as they found out that they would not face a shuttering of their local Best Buy (NYSE: BBY) stores. The electronics retailer released the…

Douglas A. McIntyre · 14 years ago

J.C. Penney CFO Forced Out (JCP, AAPL, ANF)

The new CEO of J. C. Penney Company, Inc. (NYSE: JCP) has been making many changes at the retail giant.  Ron Johnson is trying to bring in some of his magic from Apple Inc.…

Jon C. Ogg · 14 years ago

Apple Targeted by DOJ Over eBooks (AAPL, BKS)

Few details are out, but the Department of Justice is going to be making an announcement today that it is filing a lawsuit against Apple Inc. (NASDAQ: AAPL) and book publishers for collusion or…

Jon C. Ogg · 14 years ago

Finally A Value Case for SuperValu (SVU)

Supervalu Inc. (NYSE: SVU) may be the third largest supermarket chain operator in America, but this one has been down and out before this fresh earnings report.  Shares are surging on better than expected…

Jon C. Ogg · 14 years ago