Wednesday, April 15th, 2009
New CEO Carol Bartz is not timid about wielding her axe to cut costs at former internet high-flyer Yahoo. The cuts are expected to be announced next Tuesday, when YHOO also releases earnings for the first quarter of 2009. According to the New York Times, several hundred jobs ...
Posted in Business | No Comments »
Thursday, February 12th, 2009
The Coca-Cola Co. bucked the trend that many companies have been following these days and actually turned a profit. Of course the company's profits were down 18% from the year earlier period, but these days that's like hitting a home run.
Although they probably didn't dance in the ...
Posted in Stock Highlight | No Comments »
Friday, January 30th, 2009
Amazon impressed investors with the results of their recent quarter. The global economic meltdown which is affecting most businesses hasn't hurt the giant e-tailer one bit. Amazon has a number of competitive advantages that are clearly paying off.
Net income rose 8.7 percent to $225 million, or 52 cents ...
Posted in Business | No Comments »
Friday, January 30th, 2009
You just knew there had to be some big winners in 2008, despite the massive losses posted by most firms. Exxon was clearly one such company, who defied the odds and earned $45.22 billions in 2008.
Profits narrowed a bit in the final quarter, to $7.82 billion as ...
Posted in Business | No Comments »
Wednesday, December 17th, 2008
Morgan Stanley is the latest financial company to report results of an extremely dismal quarter. The company announced a loss of $2.3 billion for the fourth quarter.
The numbers were much worse than most analysts expected.
Either way, the results were substantially worse than what analysts were anticipating. Consensus estimates were ...
Posted in Stock Highlight | No Comments »
Tuesday, October 14th, 2008
PepsiCo (NYSE:PEP) is facing negative consequences of the major global slowdown and has issued a revised look for 2008, after missing earnings estimates for the last quarter. PepsiCo has said they've withdrawn prior guidance for 2009 and won't issue a forecast for next year. As part of their ...
Posted in Business | Comments Off
Tuesday, August 5th, 2008
Higher commodity prices didn't mean more money for Archer Daniels Midland Co. (NYSE:ADM) The company said earnings for the fourth quarter were down 61%, despite higher revenues. That news knocked shares in the company to a two year low.
Analysts weren't happy about ADM's numbers.
"Two of ADM's divisions that ...
Posted in Business | Comments Off
Monday, July 28th, 2008
If you've been wondering whether Big Oil is making huge profits off of record crude oil prices, wonder no more. Of course they are. This week reports are expected to come in from the five major publicly traded oil companies and all indications are they had a great ...
Posted in Stock Highlight | Comments Off
Monday, July 7th, 2008
In the last few months, stock market valuations have been going up and down based primarily on news, either economic or general. That will change in the next few weeks as companies enter earnings season. Now is the time to see just how much inflation, low consumer confidence, ...
Posted in Market Commentary | Comments Off
Thursday, April 17th, 2008
People had been selling off Google in the past few weeks, on speculation that the company's ad program was not performing as well as last year. These people must be surprised today to learn that Google ended up 30% over last year's earnings.
Google leader Eric Schmidt cooed about the ...
Posted in Stock Highlight | No Comments »
Subscribe to RSS Feed
Subscribe to Updates via Email
