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Company News for July 23, 2010 - Corporate Summary
Friday, July 23, 2010 - 10:09am | 387• Microsoft (NASDAQ:MSFT) posted fiscal fourth quarter earnings of 51 cents compared with Zacks estimate of 47 cents. Revenues were up 22.5% year over year to $16 billion compared with Zacks estimate of $15.3 billion • SanDisk (NASDAQ:SNDK) posted second quarter earnings of 18 cents, on revenues...
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Stock Market News for July 23, 2010 - Market News
Friday, July 23, 2010 - 9:21am | 739The market looked down on Wednesday following the statement by the Fed Chairman that the economic outlook is “unusually uncertain." However, optimism returned yesterday riding on favorable corporate earnings and forecasts, better than expected news from the housing market and an upward move in...
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A Peek Into The Market Before The Trading Starts
Friday, July 23, 2010 - 8:29am | 448Pre-open movers After moving up modestly on strong economic data from the UK and Germany, US stock futures held their gains after Honeywell (NYSE: HON) and Ford (NYSE: F) reported their results. While futures on the Dow Jones Industrial Average added 30 points to 10297, those on the S&P 500...
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US Stock Futures Point To Extended Gains
Friday, July 23, 2010 - 8:17am | 174After moving up modestly on strong economic data from the UK and Germany, US stock futures held their gains post the release of impressive results by Honeywell (NYSE: HON) and Ford (NYSE: F). While futures on the Dow Jones Industrial Average added 30 points to 10297, those on the S&P 500 moved...
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Alan Mulally Comments On Ford Results
Friday, July 23, 2010 - 7:25am | 151"We delivered a very strong second quarter and first half of 2010 and are ahead of where we thought we would be despite the still-challenging business conditions," said Ford (NYSE: F) President and CEO Alan Mulally. "We remain on track to deliver solid profits and positive Automotive operating-...
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Ford Reports Blowout Results
Friday, July 23, 2010 - 7:20am | 134Ford's (NYSE: F) Alan Mulally spoke to CNBC's Squawk Box this morning about Ford's blowout results. Mulally said the spectacular results come from Ford's focus on quality and bringing out new, innovative products. Ford Credit actually reported a second quarter pre-tax operating profit of $888...
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Ford Reports Better Than Expected Results
Friday, July 23, 2010 - 7:04am | 372Ford Motor Company (NYSE: F) today reported second quarter 2010 net income of $2.6 billion, or 61 cents per share, a $338 million improvement from second quarter 2009, as each of its major business operations around the world recorded improved profits. Excluding special items, Ford reported a pre-...
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Stocks To Watch For July 23 (MCD, F, VZ, HON)
Friday, July 23, 2010 - 6:05am | 166Some of the stocks that may grab investor focus today are: Wall Street expects McDonald’s Corp (NYSE: MCD) to post Q2 EPS at $1.12 on $5.9 billion in revenue. MCD’s shares fell 0.35% to $71.15 in after-hours trading. Analysts are expecting Ford Motor Company (NYSE: F) to have earned $0.40 per share...
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Goldman Sachs’ Outperformers Still Have Lot Of Potential Left (CI, JPM, F)
Thursday, July 22, 2010 - 2:52pm | 513According to an article on TheStreet, while some of the stock picks of Goldman Sachs have failed to make an impression, several of the last year’s conviction-buy recommendations have outperformed the stock-market benchmarks. Goldman Sachs says that stocks on its "conviction buy" list "represent...
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Mid-Day Market Movers (DSTI, BXC, LNCE, ACF)
Thursday, July 22, 2010 - 11:29am | 148DayStar Technologies Inc (NASDAQ: DSTI) shares advanced 59.99% to $2.24 at 10:37 am. DSTI is planning to manufacture its CIGS solar modules in offshore locations. Bluelinx Holdings Inc (NYSE: BXC) climbed 37.05% to $3.44. Private equity firm Cerberus Capital Management LP has offered to buy all the...
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Hot! - Analyst Blog
Thursday, July 22, 2010 - 9:20am | 1144Here are the highlights from the latest National Oceanic and Atmospheric Administration report on current climate conditions (full report here): The combined global land and ocean average surface temperature for June 2010 was the warmest on record at 16.2°C (61.1°F), which is 0.68°C (1.22°F) above...
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General Motors Renews $2 Billion HP Enterprise Services Agreement
Wednesday, July 21, 2010 - 8:29am | 136HP Enterprise Services today announced it has been awarded a multiyear applications and infrastructure services contract valued at more than $2 billion to help General Motors (NYSE: GM) maintain focus on its business goals in a highly competitive market. Under the terms of the agreement, HP (NYSE:...
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Driving The Plug-In Hybrid To Oblivion
Wednesday, July 21, 2010 - 7:06am | 231The plug-in hybrid, a car that uses the same socket as a vacuum cleaner, or at least one close it, has gotten the full force of backing from the Obama Administration. The President believe that America should have one million of the vehicles by 2015. Ford (NYSE: F), GM, Toyota (NYSE: TM) and Honda...
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Top 4 Stocks In The Recreational Vehicles Industry With The Highest EPS Estimates (PII, THO, HOG, DW)
Wednesday, July 21, 2010 - 5:55am | 162Below are the top recreational vehicles stocks on the NYSE and the NASDAQ in terms of earnings estimate for the next year. The earnings estimate for Polaris Industries Inc (NYSE: PII) for the next year ending December, 2011 is $4.07 per share. Analysts at Longbow initiated coverage of PII with a “...
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Are the Auto Stocks Revving Up?
Tuesday, July 20, 2010 - 3:50pm | 432The auto stocks have rallied off the early July lows along with everything else in the stock market. These stocks are forming some daily chart patterns that may lead to some possible trading opportunities. Some individual names in this sector certainly look better than other auto names. Let's see...