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5 Buys From the Market's New Blue Chips on the Block
Sunday, May 8, 2011 - 4:43am | 122By Roger Choudhury, Lead Editor We searched for large-cap companies with expected robust growth in non-GAAP EPS in this fiscal year as well as the next fiscal year. Here is what we found: General Motors (GM): In 2010, the company made revenues of $135.592B (+29.64%) with GAAP EPS of $2.87. The next...
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ETF Showdown: Flying The Crowded Skies
Friday, May 6, 2011 - 4:59pm | 480Think for a minute about all of the industry groups that ETFs offer exposure to. Then think about some that are arguably under-represented or not represented at all in the ETF universe. There's only one casino and gaming ETF out there. Auto companies such as Ford (NYSE: F) and General Motors (...
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J.P. Morgan Reiterates Overweight On General Motors, Increases PT To $46 (GM)
Friday, May 6, 2011 - 10:55am | 185J.P. Morgan reiterated its Overweight rating and increased its price target on General Motors (NYSE: GM) from $42 to $46. In a research report published today, J.P. Morgan reaffirmed its view that General Motor's shares are currently undervalued while reducing its earnings per share estimate for...
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Deutsche Bank Reports Bettter Than Expected Quarter For GM
Friday, May 6, 2011 - 8:04am | 130Deutsche Bank is maintaining its Buy rating and its $45 price target on General Motors Co. (NYSE: GM) based upon in-line earnings in Q1 for the company. According to Deutsche Bank, “GM reported EPS of $0.95 vs. our forecast of $0.83, with lower taxes, interest expense, and corporate expense...
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JP Morgan Raises PT On General Motors To $46
Friday, May 6, 2011 - 6:23am | 27JP Morgan has raised the price target on General Motors (NYSE: GM) from $42 to $46 and maintains its Overweight rating.
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When One Commodity Goes, the Rest Follow 05-05-2011
Thursday, May 5, 2011 - 1:59pm | 1045Cusick's Corner When one commodity goes, the rest will follow. That is a 10,000 foot perspective, but when you saw Silver, SLV, tip and the margin requirements adjust up, so far twice, levered players are going to have to make some shifts. We also have a Dollar, UUP, firming today and the Base...
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Toyota Pledges $1 Million to Tornado Disaster Relief Efforts
Thursday, May 5, 2011 - 12:41pm | 74Toyota (NYSE: TM) today announced a $1 million contribution to the American Red Cross to support relief efforts for victims of the recent outbreak of tornados in the Southern, Midwestern and Eastern regions of the United States. In addition, Toyota will match employee contributions to the American...
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Will Pandora Destroy the Market for Satellite Radio? (SIRI)
Thursday, May 5, 2011 - 11:44am | 420Pandora announced that it will begin offering comedy clips for its streaming audio service, marking an important step for the expansion of Pandora into the multi-billion-dollar streaming audio market. In February, Pandora filed the paperwork to conduct an initial public offering. The share price...
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Gneral Motors Down 3% Despite Strong Earnings (GM)
Thursday, May 5, 2011 - 10:31am | 207Shares of General Motors Company (NYSE: GM) are down over 3% today, as Wall Street votes with its dollars that the company's earnings report did not live up to expectations. The company reported earnings of 95 cents per share on revenues of $36.2 billion. This compares to Wall Street estimates of...
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Earnings Roundup For May 5 (GM, CVS, EL, SLE, LFRGY, LINC, SCGLY, IGTE, HUN, CI, FTO, DTV, CVC)
Thursday, May 5, 2011 - 7:48am | 718General Motors Co (NYSE: GM) reported its Q1 profit at $3.2 billion, or $1.77 per share, from $865 million, or $0.55 per share, in the year-earlier period. The latest quarter earnings included special items of $0.82 per share. The company's revenue surged to $36.2 billion, from $31.5 billion....
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UPDATE: General Motors Reports Q1 Profit of $3.2 billion
Thursday, May 5, 2011 - 7:35am | 93General Motors Co (NYSE: GM) released its results for the first quarter on Thursday. The company's quarterly profit increased to $3.2 billion, or $1.77 per share, from $865 million, or $0.55 per share, in the year-earlier period. The latest quarter earnings included special items of $0.82 per...
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GM Reports Best Quarter in Ten Years (GM)
Thursday, May 5, 2011 - 6:52am | 18General Motors (NYSE: GM) reports best quarter in ten years.
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General Motors Reports EPS of $0.95 vs. $0.93 Estimate; Revenues $36.2B vs. $35.59B Estimate (GM)
Thursday, May 5, 2011 - 6:30am | 22General Motors (NYSE: GM) Reports EPS of $0.95 vs. $0.93 Estimate; Revenues $36.2B vs. $35.59B Estimate
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US Stock Futures Down As Investors Await GM Earnings, Retail Sales Data, ECB Meeting; Lloyds Shares Drop In Pre-Market Trading
Thursday, May 5, 2011 - 5:32am | 751US stock futures are lower this morning, as investors are awaiting earnings from General Motors Co (NYSE: GM), same-store sales data and a meeting of the European Central Bank (ECB). Futures on the Dow Jones Industrial Average dropped 25 points to 12,647.00 and futures on the S&P 500 stock...
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Earnings Scheduled For May 5 (SLE, GM, V, AIG, CI, FLR, KFT, EP, EL, MHK, DTG, CVS, FIG, SUN, OWW, PSA, RNWK, IT, FO, PCLN, PGN, DTV, TDC)
Wednesday, May 4, 2011 - 11:33pm | 609Sara Lee Corp (NYSE: SLE) is estimated to post its Q3 EPS at $0.25 on revenue of $2.23 billion. General Motors Company (NYSE: GM) is projected to report its Q1 EPS at $0.93 on revenue of $35.59 billion. Visa Inc (NYSE: V) is expected to post its Q2 earnings at $1.20 per share on revenue of $2....