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US Stock Futures Mixed As Investors Await Earnings Reports, McDonald's In Focus
Monday, January 24, 2011 - 7:45am | 393US stock futures are mixed this morning, as investors are awaiting earnings report from McDonald's Corp (NYSE: MCD) and other major companies. Futures on the Dow Jones Industrial Average gained 3 points to 11,825.00, while S&P 500 futures lost 0.20 point to 1,279.50. Nasdaq 100 futures rose 0....
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Berkshire looking attractive
Sunday, January 23, 2011 - 4:11pm | 2002Someone e-mailed me an article from Barrons: With cash pouring in, Warren Buffett's Berkshire Hathaway may do something big this year -- maybe even pay a dividend. A flush Berkshire Hathaway is in its best shape ever and piling up cash so quickly that it could be sitting on close to $50 billion at...
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Financials & Tech See-Saw 01-21-2011
Friday, January 21, 2011 - 7:44pm | 735Cusick's Corner Trading was rather dull and stayed in a narrow range during the final hours of Expiration Friday. Overall volume was strong but nothing out of the ordinary. Gains in Financials (XLF) were offset by the loss in the Tech (XLK) sector. The VIX is back up (see Index Trading) to mid-...
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Market Up in Response to Earnings 01-21-2011
Friday, January 21, 2011 - 3:59pm | 932Cusick's Corner The market is up (but has faded and is closer to the day's lows) in response to upside surprises from General Electric (GE) (see Bullish Flow) and Google (GOOG). Financials were the leading sector, even though Bank of America's (BAC) earnings were not as strong as expected. It is...
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General Electric Hits 52-Week High As Obama Appoints Immelt (GE)
Friday, January 21, 2011 - 2:41pm | 98Shares of General Electric (NYSE: GE) are soaring on Friday, after the company reported much better than expected earnings and provided upbeat commentary. The company reported earnings per share of $0.36 compared to analysts' estimates of $0.32. Investors are also cheering the appointment of...
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General Electric Outperforms - Analyst Blog
Friday, January 21, 2011 - 11:01am | 900General Electric Company (GE) released its fourth quarter 2010 earnings results before the opening bell today, reporting earnings per share from continuing operations of $0.36, above the Zacks Consensus Estimate of $0.32, up 33% year over year. This was the third consecutive quarter in which the...
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Shake Up At H-P (HPQ)
Friday, January 21, 2011 - 10:59am | 263Not happy with the direction the company was going, Hewlett-Packard (NYSE: HPQ) decided it shake up its board, ousting 4 board members, and bringing in 4 new ones, including former eBay (NASDAQ: EBAY) CEO Meg Whitman. In addition to Whitman, HP added Shumeet Banerji, CEO of Booz & Co; Gary...
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General Electric Outperforms - Analyst Blog
Friday, January 21, 2011 - 10:46am | 900General Electric Company (GE) released its fourth quarter 2010 earnings results before the opening bell today, reporting earnings per share from continuing operations of $0.36, above the Zacks Consensus Estimate of $0.32, up 33% year over year. This was the third consecutive quarter in which the...
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General Electric Posts Impressive Quarter And Outlook
Friday, January 21, 2011 - 10:00am | 159JP Morgan has published a research report on General Electric Company (NYSE: GE) after the company reported 4Q earnings that came in above estimates and elude to improving trends. In the report, JP Morgan writes "4Q EPS of $0.36 was a clean beat to Street/JPM $0.32. Segment profits were $0.03 ahead...
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Dynegy Obtains Authorization From NYPSC Relating to Proposed Acquisition by Icahn Enterprise
Friday, January 21, 2011 - 9:33am | 115Dynegy Inc. (NYSE: DYN) today announced that at a January 20, 2011, session of the New York Public Service Commission, NYPSC granted authorization for the proposed transaction between Dynegy and an affiliate of Icahn Enterprises LP (NYSE: IEP). A written ruling to that effect is expected to be...
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A Peek Into The Market Before The Trading Starts
Friday, January 21, 2011 - 8:47am | 556Pre-open movers US stock futures are higher this morning after General Electric (NYSE: GE) reported upbeat quarterly results. Google Inc (NASDAQ: GOOG) also reported better-than-expected quarterly earnings after the Thursday's closing bell. Futures on the Dow Jones Industrial Average gained 26...
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GE Reports 4Q EPS $0.36 vs. $.32
Friday, January 21, 2011 - 8:27am | 49GE (NYSE: GE) announced earlier today strong fourth-quarter 2010 earnings from continuing operations (attributable to GE) of $3.9 billion, or $0.36 per share, up 33% from the fourth quarter of 2009. Revenues grew to $41.4 billion for the quarter, the company's first positive growth in nine quarters.
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US Stock Futures Signal Higher Start On Wall Street, General Electric Reports Upbeat Earnings
Friday, January 21, 2011 - 8:19am | 372US stock futures are higher this morning after General Electric (NYSE: GE) reported upbeat quarterly results. Google Inc (NASDAQ: GOOG) also reported better-than-expected quarterly earnings after the Thursday's closing bell. Futures on the Dow Jones Industrial Average gained 31 points to 11,805 and...
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General Electric Reports Better-Than-Expected Q4 Earnings
Friday, January 21, 2011 - 7:52am | 55General Electric (NYSE: GE) reports its Q4 EPS at $0.36, beating the consensus of $0.32. GE reports its Q4 revenue at $41.4 billion, versus the estimates of $39.9 billion. GE shares gained 2.44% to $18.88 in pre-market trading. Read more from Benzinga's Company news.
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Earnings Scheduled For January 21 (GE, SLB, APD, BAC, ARG, BBT, STI, AIT, FHN)
Friday, January 21, 2011 - 5:05am | 247General Electric Company (NYSE: GE) is projected to report its Q4 EPS at $0.32 on revenue of $39.90 billion. Schlumberger NV (NYSE: SLB) is forecast to report its Q4 earnings at $0.77 per share on revenue of $8.70 billion. Air Products and Chemicals Inc (NYSE: APD) is expected to report its Q1 EPS...