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Earnings Scheduled For July 20
Wednesday, July 20, 2011 - 1:59am | 502Altria Group Inc (NYSE: MO) is expected to report its Q2 EPS at $0.53 on revenue of $4.43 billion. QUALCOMM Incorporated (NASDAQ: QCOM) is projected to report its Q3 EPS at $0.71 on revenue of $3.59 billion. eBay Inc (NASDAQ: EBAY)is projected to report its Q2 EPS at $0.46 on revenue of $2.61...
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Mad Money Lightning Round: Cramer Likes International Paper
Wednesday, July 20, 2011 - 12:24am | 216On CNBC's Mad Money, Jim Cramer said during the Lightning Round that UGI Corp (NYSE: UGI) is “another local stock to me. That is a terrific little company and I'm a buyer." He said that AFLAC (NYSE: AFL) is “one of the few insurers I don't want to own. I don't like their portfolio." For Advance...
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Stocks To Watch For July 20
Wednesday, July 20, 2011 - 12:19am | 261Some of the stocks that may grab investor focus today are: Wall Street expects American Express Company (NYSE: AXP) to report its Q2 EPS at $0.98 on revenue of $7.35 billion. AXP shares gained 0.37% to $52.00 in after-hours trading. Apple Inc (NASDAQ: AAPL) reported upbeat quarterly results....
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John Kanas Responds to Litigation Filed by Capital One Financial
Tuesday, July 19, 2011 - 3:50pm | 149John Kanas, the Chairman, President and Chief Executive officer of BankUnited (NYSE: BKU) today released the following statement in response to litigation filed against himself and John Bohlsen, the bank's Vice Chairman and Chief Lending Officer by Capital One Financial Corp. (NYSE: COF). "John...
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Goldman Sachs Maintains Buy on American Express
Tuesday, July 19, 2011 - 7:09am | 130Goldman Sachs is out with its report today on American Express (NYSE: AXP), maintaining Buy. In a note to clients, Goldman Sachs writes, "Buy-rated AXP is set to report earnings after the close on Wednesday, July 20. We expect AXP to report 2Q11 EPS of $1.01 vs. consensus of $0.98, with the upside...
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American Express and Sprint Collaborate to Promote Serve Digital Payments Platform
Monday, July 18, 2011 - 7:19am | 60American Express (NYSE: AXP) and Sprint (NYSE: S) today announced an agreement that will provide Sprint customers with easy access to Serve, American Express' recently launched digital payments platform. The agreement marks Serve's first relationship with a mobile carrier since launching in late...
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Earnings Preview: Capital One Financial Earnings Expected to Increase Over Last Quarter
Friday, July 15, 2011 - 10:02am | 600It's time to gear up for Capital One Financial (NYSE: COF) earnings! Keep your head in the game: The company releases its next round of earnings this Monday, July 18, 2011. Want to know what analysts are expecting to see in Capital One's lastest earnings numbers? We thought so. Here's an...
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Earnings Preview: Bank of America Earnings Expected to Increase Over Last Quarter
Friday, July 15, 2011 - 9:30am | 596Bank of America (NYSE: BAC) earnings are coming up! Don't miss out: The company unveils its next round of earnings this Tuesday, July 19, 2011. Need to cram before Tuesday's earnings release? We've got just the thing. Here's an advanced look at Bank of America's second quarter earnings report...
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Northern Earnings Preview: Analysts Predict Higher Earnings Over Prior Quarter
Friday, July 15, 2011 - 9:16am | 540Northern (NASDAQ: NTRS) earnings are right around the corner! Don't be caught off-guard: The company unveils its next round of earnings this Wednesday, July 20, 2011. Wondering what to expect from this Wednesday's announcement? Don't worry. Here's your essential guide to Northern's second quarter...
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American Express Company Earnings Preview: Analysts Predict Higher Earnings Over Prior Quarte
Friday, July 15, 2011 - 8:43am | 605Get ready for American Express Company (NYSE: AXP) earnings! Don't be the last to know: The company announces its next round of earnings this Wednesday, July 20, 2011. Need to cram before Wednesday's earnings release? We've got just the thing. Here's an advanced look at American Express Company's...
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Capital One Financial (COF) plans to offer $2 billion in stock to finance ING Direct acquisition
Friday, July 15, 2011 - 6:00am | 124Guest post by Michael German McLean-based Capital One Financial Corp. (Public, NYSE: COF) plans to offer $2 billion of its common stock to finance its recently announced acquisition of ING Direct USA. Capital One said last month that it would buy the online bank for the Dutch company ING Groep for...
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Puts Purchased on Discover Financial Services
Thursday, July 14, 2011 - 10:28am | 122Shares of Discover Financial Services (NYSE: DFS) are lower on the session by 0.88%, currently trading at $25.91. The stock has been moving largely higher over the past five months and is currently trading above the 50-day moving average. Options traders are buying puts on the name today. A short...
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Oppenheimer Reports Beter-Than-Expected Credit On Capital One
Thursday, July 14, 2011 - 7:19am | 121According to Oppenheimer, Capital One Financial Corp (NYSE: COF) announced a $2.0B common stock offering related to the previously announced ING Direct acquisition (ie., no surprise), and announced its 2Q11 results a week earlier than would normally have been its custom. Oppenheimer said that the...
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Citi Top Calls 7/14/11
Thursday, July 14, 2011 - 5:48am | 140Capital One Financial (NYSE: COF) had its rating reiterated at Buy. At the same time, its price target was maintained at $66. On Wednesday, COF lost 2.62% of its value to finish the day at $50.87. Its shares continued to lose value in today's pre-market trading, falling 1.32% to $50.10. General...
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Stocks to Watch for Thursday 7/14/2011: Fresh 52 Week Highs and Lows
Thursday, July 14, 2011 - 1:29am | 1820Stocks trading at or near 52-week highs and lows provide excellent trading opportunities, as volatility tends to increase at such levels. The following stocks hit new 52-week highs in Wednesday's trading session (listed from highest total volume to lowest): 1) SPDR Gold Shares (NYSE: GLD):...