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Bank of America Upgrades Hawaiian Holdings To Neutral, $6 PO
Wednesday, July 27, 2011 - 7:25am | 25Bank of America has upgraded Hawaiian Holdings (NASDAQ: HA) from Underperform to Neutral with a $6 price objective.
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US Stock Futures Flat; Amazon Shares Rise In Pre-Market Trading
Wednesday, July 27, 2011 - 6:12am | 505US stock futures are flat this morning, amid concerns over sovereign debt. Shares of Amazon.com Inc (NASDAQ: AMZN) surged about 6% in pre-market trading after the company reported upbeat quarterly results. Futures for the Dow Jones Industrial Average gained 11 points to 12,443.00 and S&P 500...
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Earnings Scheduled For July 27
Wednesday, July 27, 2011 - 4:43am | 515Symantec Corporation (NASDAQ: SYMC) is expected to report its Q1 EPS at $0.37 on revenue of $1.59 billion. Corning Incorporated (NYSE: GLW) is projected to report its Q2 EPS at $0.47 on revenue of $1.96 billion. Visa Inc (NYSE: V) is projected to report its FQ3 EPS at $1.23 on revenue of $2.30...
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Stocks to Watch for Wednesday 7/27/2011: Fresh 52 Week Highs and Lows
Wednesday, July 27, 2011 - 4:37am | 2249Stocks trading at or near 52-week highs and lows provide excellent trading opportunities, as volatility tends to increase at such levels and exit/entry points become more clearly defined. The following stocks hit new 52-week highs in Tuesday's trading session (listed from highest total volume to...
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Stocks To Watch For July 27
Wednesday, July 27, 2011 - 4:00am | 270Some of the stocks that may grab investor focus today are: Wall Street expects Visa Inc (NYSE: V) to report its FQ3 EPS at $1.23 on revenue of $2.30 billion. Visa shares rose 0.13% to $89.32 in after-hours trading. Amazon.com Inc (NASDAQ: AMZN) reported a decline in its Q2 earnings. Amazon posted...
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Rodman & Renshaw Comments on Jet Blue, Trims PT
Tuesday, July 26, 2011 - 4:25pm | 101Rodman & Renshaw provided color on Jet Blue Airways (NASDAQ: JBLU) and trimmed its Jet Blue price target from $7 to $6 in a research report published today. In the report, Rodman & Renshaw states, "We believe JBLU could improve returns with M&A, but mgmt was clear in their desire to go...
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JetBlue Airways Names Ellen Jewett to its Board of Directors
Tuesday, July 26, 2011 - 3:01pm | 117JetBlue Airways Corp. (Nasdaq: JBLU) today announces the appointment of Ellen Jewett, Managing Director for BMO Capital Markets, to its Board of Directors. Ms. Jewett has more than 20 years of experience in the field of airport infrastructure financing, including five years as head of airports and...
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Earnings Scheduled For July 26
Tuesday, July 26, 2011 - 4:47am | 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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Stocks to Watch for Tuesday 7/26/2011: Fresh 52 Week Highs and Lows
Tuesday, July 26, 2011 - 4:07am | 1751Stocks trading at or near 52-week highs and lows provide excellent trading opportunities, as volatility tends to increase at such levels and entry/exit points become more defined. The following stocks hit new 52-week highs in Monday's trading session (listed from highest total volume to lowest):...
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Earnings Roundup
Monday, July 25, 2011 - 9:09am | 832Baker Hughes Inc (NYSE: BHI) reported a strong rise in its second-quarter net profit. Baker Hughes reported its quarterly net profit at $338 million, or $0.77 per share, up from $93 million, or $0.23 per share, in the year-ago period. Excluding items, the company's earnings came in at $0.93 per...
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UPDATE: Ryanair Reports 49% Rise In Q1 Net Profit
Monday, July 25, 2011 - 6:17am | 62Ryanair Holdings PLC (NASDAQ: RYAAY) reported a 49% surge in its first-quarter net profit. Ryanair's quarterly net profit jumped to EUR139.3 million, from EUR93.7 million, in the year-ago period. Its revenue gained 29% to EUR1.55 billion. Ryanair's ancillary sales, or income other than fares,...
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Rodman & Renshaw Reiterates Market Outperform on Alaska Air Group, Raises PT to $74
Monday, July 25, 2011 - 3:35am | 50Rodman & Renshaw reiterated its Market Outperform rating on Alaska Air Group (NYSE: ALK). At the same time, the rating agency raised its price target on the company's stock from $72 to $74. On Friday, ALK lost 2.44% of its value to finish the day at $64.34.
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The High Price of the President's Council of Economic Advisors' Failure to Read Akerlof & Romer
Monday, July 25, 2011 - 2:11am | 3761By reviewing the annual reports (2005-2007) of President Bush's Council of Economic Advisors (CEA) I learned that the Council had some interest in fraud, but no understanding of elite fraud and its implications for the economy. The reports make sad reading. They deny the developing crisis...
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Earnings Expectations for the Week of July 25
Sunday, July 24, 2011 - 9:40am | 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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Woman Kicked Off Jet Blue Flight Because of Underwear Incident
Saturday, July 23, 2011 - 3:42pm | 182A woman who was flying to Florida claimed that she was kicked off a flight because of what she was wearing. Apparently she was wearing shorts and an extra long baggy T-shirt that covered the shorts. She claimed that a Jet Blue (JBLU) supervisor placed the antenna of his walkie-talkie between her...