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Major Market Movers To Watch July 26th – 30th: Stocks, Commodities, Forex
Saturday, July 24, 2010 - 10:46pm | 2245Introduction Prior Week Bullish Market Movers US Earnings Week II EU Data UK Data Other Bearish Market Movers EU Non-Events –EU Bank Stress Tests Coming Week Bearish Bullish Conclusion-Downside Risk Greater, EU Banks Stress Tests Likely To Decide Near Term Market Direction Introduction...
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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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Benzinga’s Top Pre-Market NASDAQ Gainers (ARMH, ATHN, ETFC, VOD)
Friday, July 23, 2010 - 8:38am | 136ARM Holdings Plc (NASDAQ: ARMH) rose 9.94% to $15.82 in the pre-market session. ARMH is likely to report strong Q2 earnings on July 27. Athenahealth Inc (NASDAQ: ATHN) added 9.07% to $24.06 in pre-market trading. Although ATHN’s Q2 profits fell on the year/year basis, they exceeded the consensus...
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Morgan Stanley vs. Goldman Sachs
Thursday, July 22, 2010 - 6:20pm | 1540Over the last few years, it was almost taken for granted that Goldman Sachs (NYSE:GS) was the cream of the crop when it came to investment banks. Well, after its respective earnings announcements this past week, Morgan Stanley (NYSE:MS) outdid its rival. There are headlines going around like, “...
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After-Hours Movers (ETFC, AMZN, SNDK, CMG)
Thursday, July 22, 2010 - 5:51pm | 174There are some real movers in the after-hours today; here are some highlights: • E*Trade Financial Corp. (NASDAQ: ETFC): ended the session higher by 4.46%, currently higher by another 6.82% in the after-hours. The company beat EPS estimates by $0.23 per share; they beat on revenues as well. •...
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Pay Czar Feinberg To Issue Report Tomorrow
Thursday, July 22, 2010 - 5:27pm | 52Pay Czar Ken Feinberg to issue a report tomorrow regarding ill-advised payouts. The Wall Street Journal confirmed that two of the seventeen firms named in the briefing are Goldman Sachs (NYSE: GS) and JPMorgan (NYSE: JPM).
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E-Trade Trading Down 1% After Reporting Results
Thursday, July 22, 2010 - 4:24pm | 231E-Trade (Nasdaq: ETFC) reports Q2 EPS 12c versus consensus of 11c loss. Reports Q2 revenue $534M versus consensus of $299.38 million. “The second quarter marked an important milestone for E*TRADE as we reported our first quarterly profit in three years,” said Steven Freiberg, Chief Executive...
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E-Trade Blows Away Estimates (ETFC)
Thursday, July 22, 2010 - 4:23pm | 36E*TRADE Financial Corporation (NASDAQ: ETFC) reports Q2 EPS $0.12 vs consensus of $0.11 loss. E*TRADE Financial Corporation reports Q2 revenue $534 million vs consensus of $299.38 million. Delinquencies were were 14%.
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Charlie Gasparino Is Reporting That Ken Feinberg Is Focusing On 17 Financial Firms For Bonus Clawbacks
Thursday, July 22, 2010 - 2:24pm | 77Charlie Gasparino is reporting that Pay Czar Ken Feinberg is focusing on 17 companies for bonus clawbacks and all 17 are actually financial firms, including at least one of the big 5 Wall Street companies. Perhaps, Bank of America (NYSE: BAC), Morgan Stanley (NYSE: MS), Goldman Sachs (NYSE: GS)...
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Market Facts In Motion
Thursday, July 22, 2010 - 12:52pm | 189The SPDR S&P 500 ETF (NYSE: SPY) ran up under the master $110.00 resistance level and pulled back. This $110.00 level was the key level we ran into a week ago and could not break through. Watch this level closely. Market leader Goldman Sachs Group, Inc. (NYSE: GS) was sharply higher this...
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News Summary (PNC, FFIV, MS, BX, STI, BBT)
Thursday, July 22, 2010 - 10:42am | 237Regional banks are generally holding up better as compared to their bigger counterparts as their business is not impacted by new financial regulations. Regional banks such as SunTrust (NYSE: STI), BB&T (NYSE: BBT) and PNC Financial Services (NYSE: PNC) are paying less for deposits, which has...
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William Blair & Co. Reiterates Outperform Rating on Greenhill & Co. (GHL)
Thursday, July 22, 2010 - 9:44am | 225William Blair & Co. is out with a research report this morning, where it reiterates its Outperform rating on shares of Greenhill & Co. Inc. (NYSE: GHL); it did not provide a price target. The WB analysts said, “Second-quarter EPS of $0.57 were in line with our estimate, but below the...
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Benzinga’s Top Downgrades (NFLX, PJC, CMTL, ODSY)
Thursday, July 22, 2010 - 7:10am | 149Netflix Inc (NASDAQ: NFLX) was downgraded by Canaccord Adams from “buy” to “hold.” NFLX’s shares closed at $119.65 yesterday. Netflix’s 52-week trading range is $39.27 - $127.96. Goldman Sachs downgraded Piper Jaffray Companies (NYSE: PJC) from "buy" to "neutral." PJC’s shares closed at $28.40...
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Companies Reporting Today (CAT, PM, ETFC, RCL, NYT, UPS, XRX, AXP, MMM)
Thursday, July 22, 2010 - 6:48am | 263Caterpillar Inc (NYSE: CAT) is expected to report its second quarter earnings at $0.83 per share and revenue of $9.6 billion. Phillip Morris International Inc (NYSE: PM) is likely to post its earnings for the second quarter at $0.96 per share on revenue of $6.8 billion. E*Trade Financial Corp (...
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Stocks To Watch For July 22 (MSFT, T, AMZN, MS)
Thursday, July 22, 2010 - 6:34am | 190Some of the stocks that may grab investor focus are: Wall Street expects Microsoft Corp (NASDAQ: MSFT) to post its Q4 EPS at $0.46 on $15.2 billion in revenue. MSFT’s shares gained 0.72% to $25.30 in after-hours trading. Analysts are expecting AT&T Inc (NYSE: T) to have earned $0.57 per share...