-
The Coming Week: Stocks, Commodities, Forex – 3 Key Market Drivers July 19th -23rd
Sunday, July 18, 2010 - 2:04am | 2513Prior Week Bullish Market Movers ‘Successful’ EU Sovereign Bond Sales Overall Positive US Earnings Goldman Sachs Fraud Case Settlement Bearish Market Movers US Earnings Negatives Poor Economic Data Coming Week EU Bank Stress Tests – The Main Event This Week EU Bond Sales US Corporate...
-
A Look Ahead at Earnings Next Week
Friday, July 16, 2010 - 2:23pm | 970With the S&P 500 grasping at 1070, and yet another "90% day" as the student body has run back to the left ("risk off" stampede), let's take a look ahead at the key reports next week; both for the greater market and what we have our eyes on. The next 3 weeks are the heart of the earnings season...
-
GE's NBC Numbers Bode Well For CBS (CBS)
Friday, July 16, 2010 - 12:50pm | 113GE (NYSE: GE) reported 2Q earnings today, and management noted strength in advertising markets and local stations. NBC revenue was up 5% and operating profit was up $13%. Jefferies analysts Brian Shipman, Kip Paulson, and Robert McManus believe these are strong signals for television companies....
-
General Electric Trading Up In The Pre-Market
Friday, July 16, 2010 - 8:46am | 102General Electric Company (NYSE: GE) announced earlier today that it beat consensus Wall Street earnings estimates. General Electric Company (GE) reported that its 2nd quarter earnings rose 16.1% to $3.03 billion, or 28 cents per share, up from $2.61 billion, a year earlier. The company earned 30...
-
GE’s Q2 Earnings Exceed Consensus
Friday, July 16, 2010 - 7:04am | 182General Electric Company (NYSE: GE) has reported better-than-expected Q2 earnings, while its revenue fell short of the Street view. The Fairfield, Connecticut-based company has reported a 15% year-over-year rise in its earnings from continuing operations to $3.3 billion, or $0.30 per share. The...
-
General Electric (GE) Earnings Climb 16%
Friday, July 16, 2010 - 7:00am | 152Fairfield, Connecticut based General Electric Company (NYSE: GE) announced on Friday morning that it beat consensus Wall Street earnings estimates. General Electric Company (GE) reported that its 2nd quarter earnings rose 16.1% to $3.03 billion, or 28 cents per share, up from $2.61 billion, a year...
-
GE Tops By 3c
Friday, July 16, 2010 - 6:33am | 52General Electric (NYSE: GE) tops by 3c. EPS increase is the first since the fourth quarter of 2007. GE Capital delivereed 95% net income growth. GE reports Q2 revenue $37.44B vs consensus of $38.48B. General Electric's Home & Business solutions, NBCU had good revenue and earnings growth.
-
Stocks To Watch For July 16 (BAC, C, GE, GCI)
Friday, July 16, 2010 - 5:49am | 170Some of the stocks that may grab investor focus today are: Wall Street expects Bank of America Corporation (NYSE: BAC) to post Q2 EPS at $0.22 on $29.6 billion in revenue. BAC’s shares gained 0.06% to $15.40 in after-hours trading. Analysts are expecting Citigroup Inc (NYSE: C) to have earned $0.05...
-
Markets Weak Ahead Of Earnings
Monday, July 12, 2010 - 12:30pm | 376After a monster rally last week, the markets seem to be pulling back slightly on extremely light volume. The SPDR S&P 500 ETF (NYSE: SPY) is down half of one percent on the day. Last week the markets surged for a five percent gain. This coincided with the upcoming options expiration this week...
-
Stock Market News for July 12, 2010 - Market News
Monday, July 12, 2010 - 9:36am | 845US stocks moved up modestly last Friday, culminating in the best week for the market in almost one year. Results were bolstered by cautious optimism about upcoming second quarter earnings despite concern about the global economy. Certain analysts thereby imply that companies will be able to...
-
Market turns on a dime last week -- now, fundamentals will rule
Sunday, July 11, 2010 - 9:16am | 1206The market turned on a dime this week. Pundits struggled to find a decent reason. An increase in the IMF's GDP forecast for 2010 was modest, a drop in weekly jobless claims was welcome but still modest, retail sales reports for June were mixed (though industry experts say June is generally weak so...
-
Mike Khouw Is Bullish On General Electric (GE)
Saturday, July 10, 2010 - 9:56am | 173On CNBC's Options Action, Mike Khouw said that he is bullish on General Electric Company (NYSE: GE) ahead of earnings. He doesn't want to rush in and buy at the money July calls. Instead, he wants to sell some downside puts at the point where he is comfortable owning the stock, and also he wants...
-
General Electric Co. Decouples: Receives Overweight Rating (GE, JPM)
Friday, July 9, 2010 - 2:48pm | 108General Electric Co. (NYSE: GE) has decoupled from the group and is now very attractively priced. J.P. Morgan has stated that the financial regulation bill has removed a non-fundamental overhang for General Electric (GE). It also said that GE’s current valuation is compelling but decoupling is...
-
Stock Market News for July 8, 2010 - Market News
Thursday, July 8, 2010 - 9:42am | 596Stocks rallied sharply on Wednesday, building on to Tuesday’s modest gains, as a better-than-expected earnings outlook from State Street fueled optimism about the approaching earnings season. The Dow Jones industrial average rallied 275 points, closing above the 10,000 threshold for the first time...
-
Company News for July 8, 2010 - Corporate Summary
Thursday, July 8, 2010 - 9:42am | 156• Reports said BP (NYSE:BP) is working on a plan to cap the spill as early as July 27, but noted it could be "unlikely" • Wells Fargo (NYSE:WFC) plans to cut 3,800 jobs and close its subprime unit • MasterCard (NYSE:MA) reported June luxury purchases fell for the first time since last November • ...