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Stock News – JP Morgan Chase (NYSE:JPM), Intel (NASDAQ:INTC), Morgan Stanley (NYSE:MS), Citigroup (NYSE:C), Verizon (NYSE:VZ)
Wednesday, April 14, 2010 - 10:22am | 955JPMorgan Chase (NYSE:JPM) is also one of the first companies to report first-quarter earnings, and announced that earnings rose an unexpectedly-high 55%, which has helped boost the market today. That’s an income of approximately $3.3 billion for the quarter. Intel (NASDAQ:INTC) had great news as...
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Stock News – JP Morgan Chase (NYSE:JPM), Intel (NASDAQ:INTC), Morgan Stanley (NYSE:MS), Citigroup (NYSE:C), Verizon (NYSE:VZ)
Wednesday, April 14, 2010 - 10:22am | 955JPMorgan Chase (NYSE:JPM) is also one of the first companies to report first-quarter earnings, and announced that earnings rose an unexpectedly-high 55%, which has helped boost the market today. That’s an income of approximately $3.3 billion for the quarter. Intel (NASDAQ:INTC) had great news as...
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Market Analysis From A Traders Eye As Earnings Take Center Stage
Tuesday, April 13, 2010 - 12:03pm | 268The markets gapped slightly lower on the day as the earnings report from Alcoa Inc. (NYSE: AA) lagged expectations. While earnings were in line with what analysts had expected, revenue did come in light. With pricing increases over the quarter, this brings to mind weakness in demand as the...
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Intel Earnings Could Be Revealing (INTC)
Tuesday, April 13, 2010 - 11:28am | 388This afternoon after the closing bell, Intel (NASDAQ: INTC) will be reporting their quarterly earnings numbers. Wall Street consensus is that INTC will report EPS of $0.38 on revenue of $9.8 billion. In last year's corresponding quarter, the company earned $0.11 per share on revenue of $7.1 billion...
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Market News – Bank of America (NYSE:BAC), Morgan Stanley (NYSE:MS), Best Buy (NYSE:BBY), Starbucks (NYSE:SBUX), Alcoa (NYSE:AA)
Tuesday, April 13, 2010 - 10:06am | 857Bank of America (NYSE:BAC) has announced they’ve hired a former Morgan Stanley (NYSE:MS) executive, Futoshi Ago. The new hire will begin work for BofA’s Merrill Lynch division in Japan, in order to boost their prime mortgage business in the Land of the Rising Sun. It’s been estimated by Deutche...
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Market News – Bank of America (NYSE:BAC), Morgan Stanley (NYSE:MS), Best Buy (NYSE:BBY), Starbucks (NYSE:SBUX), Alcoa (NYSE:AA)
Tuesday, April 13, 2010 - 10:06am | 857Bank of America (NYSE:BAC) has announced they’ve hired a former Morgan Stanley (NYSE:MS) executive, Futoshi Ago. The new hire will begin work for BofA’s Merrill Lynch division in Japan, in order to boost their prime mortgage business in the Land of the Rising Sun. It’s been estimated by Deutche...
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Stock Market News for April 13, 2010 - Market News
Tuesday, April 13, 2010 - 9:30am | 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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Markets Expected To Open Weaker (AA)
Tuesday, April 13, 2010 - 7:03am | 89Equity markets are expected to open weaker today following a drop in Dow Jones Industrial Average futures and the Nasdaq 100 futures. Dow Jones Industrial Average futures were down 0.2% to 10,927, while Nasdaq 100 futures were down 0.3% to 1987.5. On Monday, the Dow Jones Industrial Average closed...
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Trade Setups for April 13, 2010
Tuesday, April 13, 2010 - 6:51am | 248Good morning to you. We got a little bit of a negative bias heading towards the open due to there being a little bit of disappointment in the earnings that Alcoa (AA) posted. It should be rather quiet this morning, as their is a lack of any significant economic reports; what you have is the ICSC...
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US Stock Market Cautiously Optimistic; Dow Ends Above 11,000
Tuesday, April 13, 2010 - 6:15am | 259With aluminum giant Alcoa Inc (NYSE: AA) kicking off the first-quarter earnings season yesterday, US stocks moved up throughout the day. The Dow Jones Industrial Average added roughly 8 points to end at 11,005.97, finishing above the 11,000 mark for the first time since September 26, 2008....
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Alcoa (AA) Reports First-Quarter Results
Monday, April 12, 2010 - 5:45pm | 90Alcoa Inc. (NYSE: AA) has reported its first-quarter results. The company said that it managed to narrow its first-quarter losses. Alcoa reported a net loss of $201 million, or $0.20 per share in its first-quarter, compared with a loss of $497 million, or $0.61 per share reported for the same...
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Alcoa Reports Q1 Loss (AA)
Monday, April 12, 2010 - 4:27pm | 93Alcoa Inc. (NYSE: AA) has reported a first quarter loss of $201 million, or 20 cents a share compared to a loss of $497 million, or $0.61 per share, in the year ago period. Adjusted EPS, which excludes non-recurring events, came in at $0.10 per share, which was in line with Wall Street estimates....
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Proactive Investment Strategies for eBay (EBAY): a Cash-Secured Put and an Iron Condor
Monday, April 12, 2010 - 1:35pm | 1936eBay stock (NASDAQ: EBAY) experienced a recent downgrade to “hold” from “buy” by a pair of analysts with Kaufman Bros. who listed a number of concerns including lack of rapid growth in the company’s U.S. “gross merchandise volume,” a drop in traffic for the auction site during the first quarter,...
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OptionsHouse Week in Review for the Financial Markets
Monday, April 12, 2010 - 1:21pm | 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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Market News – JPMorgan Chase (NYSE:JPM), Bank of America (NYSE:BAC), Wells Fargo (NYSE:WFC), Goldman Sachs (NYSE:GS), Ford (NYSE:F), Alcoa (NYSE:AA)
Monday, April 12, 2010 - 12:56pm | 963Banks JPMorgan Chase (NYSE:JPM), Bank of America (NYSE:BAC), and Wells Fargo (NYSE:WFC) may have to put as much as $30 billion additional dollars to cover the costs of losses on home-equity loans. The amount, calculated by CreditSights Inc out of New York City, is approximately what the banks...