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CSX Corp. Earnings Preview (CSX)
Tuesday, April 13, 2010 - 9:30am | 163Today after the close CSX Corporation (NYSE: CSX) will report its first-quarter results. Analysts are looking for a profit of 69 cents per share on sales of $2.38 billion. Last quarter the company beat on the bottom line but top line results were weak. The rails carry a wide array of goods from...
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Stock Market News for April 13, 2010 - Market News
Tuesday, April 13, 2010 - 8:30am | 498Market participants appeared enthusiastic as another earnings season got underway and European Union leaders agreed to provide debt-ridden Greece with a $40 billion financial lifeline. However, the day’s highlight was the Dow average’s rise above 11,000; it had last crossed that level just after...
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Stocks To Watch On April 13 (INTC, CSX, LLTC, FAST, ASRV)
Tuesday, April 13, 2010 - 3:56am | 229Some of the shares that are expected to see active trading in today’s session are: Bellwether of the tech sector, Intel (NASDAQ: INTC), is due to announce its quarterly results after the market closes today. INTC is expected to post earnings of $0.38 per share. INTC has risen by 0.14% in after...
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ETFs To Watch April 13, 2010 (IYT, SMH, UUP, EDC)
Tuesday, April 13, 2010 - 1:06am | 194Here is the ETF Professor's ETF Watch List for Tuesday April 13, 2010. With CSX (NYSE: CSX) reporting earnings after the bell, watch the Dow Jones Transportation Average (NYSE: IYT). With Intel (Nasdaq: INTC) report after the close, watch the Semiconductor HOLDRs (NYSE: SMH). The Claymore/...
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OptionsHouse Week in Review for the Financial Markets
Monday, April 12, 2010 - 12:21pm | 1884The S&P 500 started trading last Friday at the same level at which it closed on Monday of the same week. The Dow and NASDAQ were also flat on the week. Even though Alcoa (AA) officially kicks off earnings season today, there were some earnings reports last week that began to pepper in a little...
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Stock Market News for April 12, 2010 - Market News
Monday, April 12, 2010 - 8:45am | 422The Dow Jones industrial average closed at an 18-month high of 10,997 Friday, after briefly crossing the 11,000 level, as speculation grew European leaders had agreed to a plan to breathe life into Greece’s ailing finances. Although broader worries about the economy remained in place, investors...
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Call Activity In Union Pacific (UNP)
Friday, April 9, 2010 - 1:04pm | 71Union Pacific (NYSE: UNP) is seeing some bullish call activity ahead of its earnings report on April 22. Shares of the nation's largest railroad are down slightly today by 29 cents, or 0.38%, to $75.26. However, in earlier trading shares broke out to a fresh 52-week high of $75.98. Options traders...
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Cramer's Lightning Round OT Picks (GSH, LVS, WYNN, HELE, EL)
Tuesday, March 23, 2010 - 8:28pm | 192Jim Cramer said on CNBC Mad Money's Lightning Round OT that he doesn't like Guangshen Railway Co. Ltd (ADR) (NYSE: GSH) one bit. This is a typical Chinese stock and we know very little about it, says Cramer. Guangshen (GSH) fell 0.59% today and closed at $20.16. Cramer prefers Wynn Resorts, Limited...
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Optimistic Reports From The Delivery Services Industry Bodes Well For This Transportation ETF
Thursday, March 18, 2010 - 3:35pm | 1737“On Thursday FedEx (FDX) reported fiscal third-quarter earnings that topped already optimistic expectations. Earnings per share of 76 cents were more than double the 31 cents in the year-ago quarter and topped the average analyst estimate for 72 cents. The news follows last month’s fourth-quarter...
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FedEx Shows Double Dip Coming (FDX, UNP, DIA)?
Monday, March 15, 2010 - 9:45am | 154Robin Griffiths, technical strategist at Cazenova Capital, told CNBC Monday morning that FedEx Corporation (NYSE: FDX) is giving investors a clear signal that the economy will double dip. You can view the clip here. Mr. Griffiths cites the Dow Theory in his analysis, but makes some alterations. The...
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Fast Money Picks For March 10th (PAG, AKAM, AEO, KSU, XLY)
Tuesday, March 9, 2010 - 7:55pm | 192Brian Kelly of Kanundrum Capital said on CNBC's Fast Money that he would buy Penske Automotive Group, Inc. (NYSE: PAG) on Wednesday. Penske (NYSE: PAG) dropped 1.23% and closed at $15.28 today. Guy Adami likes Akamai Technologies, Inc. (NASDAQ: AKAM), while Karen Finerman recommends American Eagle...
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Union Pacific Hits New 52-Week High (UNP)
Monday, March 8, 2010 - 10:35am | 73Shares of Union Pacific Corp. (NYSE: UNP) touched a new 52-week high this morning before falling back slightly. Union Pacific rose $0.66, or 0.91%, to $69.76 in early trading. Shares have traded between $33.28 and $69.76 over the last 52 weeks. Union Pacific is the country's largest railroad and...
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Berkshire Hathaway (BRK.A) Credit Risk Drops To 17-Month Low Despite Downgrades
Tuesday, February 23, 2010 - 12:28pm | 293Bloomberg has reported that despite the downgrades to Berkshire Hathaway, Inc. (NYSE: BRK.A), investors showed their faith, and pushed the price of default protection on the firm. Berkshire credit-default swaps fell to their lowest level in 17 months, ending at 128.1 basis points yesterday in New...
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Buffet Reduced Stakes In P&G, J&J To Fund Acquisition (BRK.A, PG, JNJ, COP, GS, GE, BNI)
Wednesday, February 17, 2010 - 3:39pm | 157Warren Buffett’s Berkshire Hathaway, Inc. (NYSE: BRK.A) sold stakes in Procter& Gamble (NYSE: PG), and Johnson & Johnson (NYSE: JNJ) to fund the acquisition of Burlington Northern Santa Fe Corporation (NYSE: BNI). The company also sold 34 % of ConocoPhillips (NYSE: COP) to fund the largest...
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CSX Corp. Emerges From Purgatory (CSX)
Tuesday, February 16, 2010 - 12:36pm | 249CSX Corp. (NYSE: CSX) may finally be back on track (pun intended) after being relegated to trader Purgatory for much of the last month. Since touching a 52-week high of $52.83 on January 10, shares have been in a downward spiral, falling as low as $42.05 on February 5. The $42.05 price level on...