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Earnings Roundup
Tuesday, July 26, 2011 - 8:32am | 1635Lockheed Martin Corp (NYSE: LMT) reported a 10% decline in its Q2 profit. Lockheed Martin's quarterly net earnings dropped to $742 million, or $2.14 per share, from $824 million, or $2.22 per share, in the year-earlier quarter. Its net sales increased to $11.55 billion from $11.28 billion....
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News Summary for July 26, 2011
Tuesday, July 26, 2011 - 6:59am | 562This is your Benzinga news summary and traders' outlook for Tuesday, July 26, 2011, covering headlines from overnight and Tuesday's pre-market session. Today in domestic pre-market trading, U.S. equity futures are trading higher after strong earnings from several blue-chip companies. The U.S....
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Benzinga's Top Pre-Market Gainers
Tuesday, July 26, 2011 - 6:33am | 105Broadcom Corporation (NASDAQ: BRCM) rose 8.85% to $38.00 in the pre-market session. BRCM issued upbeat Q3 revenue forecast. Lexmark International Inc (NYSE: LXK) added 6.45% to $30.70 in the pre-market session. LXK reported its Q2 non-GAAP EPS of $1.36. Ford Motor Co (NYSE: F) moved up 3.80% to $...
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A Peek Into The Market Before The Trading Starts
Tuesday, July 26, 2011 - 6:23am | 383Pre-open movers US stock futures are slightly higher this morning, as investors are awaiting earnings reports and economic data. Futures for the Dow Jones Industrial Average gained 23 points to 12,573.00 and S&P 500 index futures rose 2.70 points to 1,336.20. Nasdaq 100 futures climbed 4.00...
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UPDATE: Ford Reports Upbeat Q2 Profit, Shares Rise In Pre-Market
Tuesday, July 26, 2011 - 6:19am | 70Ford Motor Co (NYSE: F) reported upbeat profit for the second quarter. Ford's quarterly net income dropped 8% y/y to $2.4 billion, or $0.59 per share, from $2.6 billion, or $0.61 per share. Excluding one-time items, Ford's profit came in at $0.65 per share. Its revenue climbed 13% to $35.5 billion...
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US Stock Futures Flat Ahead Of Earnings, Economic Data
Tuesday, July 26, 2011 - 5:23am | 561US stock futures are flat this morning, as investors are awaiting earnings reports and economic data. Futures for the Dow Jones Industrial Average gained 1 point to 12,551.00 and S&P 500 index futures fell 0.50 points to 1,333.00. Nasdaq 100 futures dropped 0.25 points to 2,423.25. US stocks...
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Earnings Scheduled For July 26
Tuesday, July 26, 2011 - 3:47am | 507Lockheed Martin Corporation (NYSE: LMT) is projected to report its Q2 EPS at $1.93 on revenue of $11.42 billion. Ford Motor Company (NYSE: F) is estimated to report its Q2 earnings at $0.60 per share on revenue of $31.59 billion. Eastman Kodak Company (NYSE: EK) is expected to report a Q2 loss...
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Fast Money Picks For July 26th (GM, AGCO, TGT, MSFT)
Monday, July 25, 2011 - 7:22pm | 181CNBC Fast Money's Tim Seymour said on the show that he is a buyer of General Motors Company (NYSE: GM). He thinks that the stock is over sold. General Motors Company (GM) fell 1.99% today, and it closed at $29.50. Guy Adami thinks that AGCO Corporation (NYSE: AGCO) is a buy. AGCO Corporation (AGCO...
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Earnings Expectations for the Week of July 25
Sunday, July 24, 2011 - 8:40am | 1439The earnings crunch continues this week even as the month of July winds to a close. Quarterly reports of note scheduled for the week include those from Netflix (NASDAQ: NFLX), United Parcel Service (NYSE: UPS), Exxon Mobil (NYSE: XOM), Starbucks (NASDAQ: SBUX), Merck (NYSE: MRK) and Dow Chemical (...
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A Trendless Market 7/22/11
Friday, July 22, 2011 - 2:57pm | 640Markets remain choppy and sloppy as investors should be picking their points and trading from both sides of the market in most commodities. For the last five sessions Crude oil futures have made higher highs and higher lows. We expect price to push through $100/barrel next week and make their way...
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5 Top-Selling Cars of 2011
Friday, July 22, 2011 - 12:35pm | 110(TheStreet) -The first half of 2011 brought good news for Detroit automakers like Ford (NYSE: F) and GM (NYSE: GM), as well as for the auto industry in general as overall sales rose 12.8%. The first half's losers were primarily Japanese manufacturers, who suffered immensely from production woes...
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Mad Money Lightning Round: Cramer Likes ConocoPhillips
Friday, July 22, 2011 - 2:57am | 257On CNBC's Mad Money, Jim Cramer said during the Lightning Round that Home Depot (NYSE: HD) is a “great stock with great management. That's an up stock." Cramer believes that ConocoPhillips (NYSE: COP) is the “cheapest oil company around. That's an up stock; it's going higher." For Chesapeake...
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Beware of Excessive Leverage 7/21/11
Thursday, July 21, 2011 - 3:26pm | 505The exchanges have raised margins on a number of commodities but DO NOT fully leverage trading accounts as with the large whippy moves traders can lose big on just a few bad decisions. Crude hit a five week high today trading over $100/barrel for the first time in July for the September contract....
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Ford Motor Company Earnings Preview: Revenue, Earnings Expected to Fall from Previous Quarter
Thursday, July 21, 2011 - 12:43pm | 600Ford Motor Company (NYSE: F) releases its next round of earnings this Tuesday, July 26, 2011. Get the latest predictions in Benzinga's essential guide to the company's second quarter earnings report. Earnings and Revenue: Wall Street expects a positive EPS reading of 60 cents per share and...
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Thursday's Put/Call Ratio Leaders
Thursday, July 21, 2011 - 12:08pm | 78Here are today's Put/Call Ratio leaders… 1. Banco Bradesco (NYSE: BBD) 3,852 puts, 186 calls 2. DeVry Inc. (NYSE: DV) 3,022 puts, 212 calls 3. Toyota Motors Corp. (NYSE: TM) 2,661 puts, 303 calls 4. Virgin Media (NASDAQ: VMED) 4,055 puts, 578 calls 5. Agilent Technologies (NYSE: A) 2,630 puts, 379...