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Earnings Are Driving The Market Up : CNBC
Tuesday, February 2, 2010 - 3:13pm | 121Earnings reporting season is in the full swing and most of the companies are beating the market estimates. Dow Chemical (NYSE: DOW) beat the market consensus, but according to traders, beating the market is longer enough. Market consensus for Dow was at $0.11, but the buyside whisper number was...
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Dow Chemical Reports Q4 Profit (DOW)
Tuesday, February 2, 2010 - 12:54pm | 109Dow Chemical (NYSE: DOW) reported a profit for the fourth quarter of fiscal 2009. Net income came in at $87 million, or $0.08 per share, compared to a net loss of $1.55 billion, or $1.68 per share, in the year ago period. Excluding non-recurring items and discontinued operations, DOW earned $0.18...
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The Dow Chemical Company (DOW) Beats Estimates, Morgan Stanley(MS) Reiterates 'Overweight' Rating
Tuesday, February 2, 2010 - 10:35am | 148The Dow Chemical Company (DOW) Beats Estimates, Morgan Stanley(MS) Reiterates 'Overweight' Rating Morgan Stanley (NYSE: MS) reiterates their 'Overweight' rating on The Dow Chemical Company (NYSE: DOW). "Dow is the best positioned US chemical company to benefit from an economic recovery," Morgan...
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Company News for February 2, 2010 - Corporate Summary
Tuesday, February 2, 2010 - 10:30am | 309• Bank of America (NYSE:BA) upgraded ExxonMobil (NYSE:XOM) to "buy" from "neutral," with a price target of $82. • Bernstein initiated coverage of Visa (NYSE:V) and MasterCard (NYSE:MA), both with "outperform" ratings, and price targets of $104 and $325, respectively. • • Citigroup (NYSE:C)...
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Stock Market News for February 2, 2010 - Market News
Tuesday, February 2, 2010 - 10:26am | 503Stocks started a new month on a solid footing as encouraging economic data and a strong earnings report from Exxon Mobil bolstered investors’ appetite for riskier assets. Although Friday’s impressive GDP report had given some boost to wavering sentiments, it failed to stem the sell-off as...
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Monday's Hot Stocks on BIG Volume: A Time to Get Sirius?
Tuesday, February 2, 2010 - 9:09am | 2041With the major indices trading higher Monday, there were many stocks which broke out to the upside on BIG volume. If this is your first time reading one of my breakout reports you'll want to read the section below, however if you are familiar with my daily breakout report you should skip ahead to...
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Earnings Round up Of Companies Reporting Before The Bell (ADM, DOW, DHI, EMR, ETR, HSY, LKX, MRO, UPS, WHR)
Tuesday, February 2, 2010 - 7:34am | 322Archer-Daniels-Midland (NYSE: ADM): The food production company is expected to report earnings of $0.72 a share on revenues of $16.54 billion. This reflects a year-over-year fall in both earnings and revenues. Dow Chemical (NYSE: DOW): Analysts expect the chemical company to post earnings of $0.11...
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Dow Chemical Earnings Preview (DOW)
Monday, February 1, 2010 - 9:00pm | 97Dow Chemical (NYSE: DOW) will report earnings tomorrow morning. The consensus earnings estimate for this company is $0.11 per share versus EPS of -$0.62 in the year ago period. The stock was up sharply today on heavy volume ahead of this earnings report, appreciating 5.68% to $28.63. This is...
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Company News for February 1, 2010 - Corporate Summary
Monday, February 1, 2010 - 10:26am | 200• ExxonMobil (NYSE:XOM) posted fourth quarter earnings of $1.27 a share, beating Zacks of $1.19 a share, versus $1.55 a year ago. The company reported revenues of $89.84 billion • Humana (NYSE:HUM) posted fourth quarter earnings of $1.48, in-line with Zacks estimates, versus $1.07 on revenues of $...
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Decline In Tech Stocks Spoil The Party (INDU, SPX, MSFT, AMZN, COMP, AAPL, DOW, DD)
Friday, January 29, 2010 - 3:12pm | 276After the Commerce Department reported a strong round of economic data and companies posted impressive earnings results, US stocks rallied. However, the jump was stopped short by a slump in the technology sector. Around three hours into the session, the Dow Jones industrial average (NASDAQ: INDU)...
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Solutia Inc. (SOA) Jumps 10% To 52 Week High
Thursday, January 28, 2010 - 8:06pm | 115Specialty chemicals company Solutia Inc. (NYSE: SOA) swung to a 4th quarter profit, beating analyst estimates and sending the share price up more than 10% during Thursday trading. Solutia reported earnings of 43 cents per share, easily beating analyst estimates. The results were due to a...
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Eastman Chemical Co. (EMN) Reports Loss
Thursday, January 28, 2010 - 6:54pm | 118Eastman Chemical Co. (NYSE: EMN) reported on Thursday a 4th quarter loss of $32 million, or 44 cents per share, compared with a loss of $2 million, or 3 cents per share, for the 4th quarter a year ago. If one time charges weren't included, the company would have earned $1.14 per share, up from 5...
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Solutia Trades Up After Reporting Q4 Earnings
Wednesday, January 27, 2010 - 6:54pm | 79Solutia (NYSE: SOA) reports Q4 EPS of 43c exceeding the Street view of 18c. SOA reports Q4 revenue of $470 million versus the Street view of $432.43 million. It is trading up approximately 10% in the after hours session. “The alignment of our growth strategy, our cost structure, and our strong...
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Dow Chemicals (DOW) CEO Discusses Restructuring On CNBC
Wednesday, January 27, 2010 - 1:00pm | 113Andrew Liveris, CEO of Dow Chemicals (NYSE: DOW), stated that the company has moved over the trying times and is looking for the bright time ahead. Talking with CNBC, Liveris said that many companies including Dow Chemicals had to undergo cost and organizational restructuring while dealing with...
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BB&T Capital Markets Rates DuPont (DD) As A Hold
Tuesday, January 26, 2010 - 8:01pm | 163Frank Mitsch, of BB&T Capital Markets, spoke about E.I. du Pont de Nemours & Company (NYSE: DD) 4Q earnings on CNBC with Erin Burnett. He thinks that although DuPont (DD) posted better than expected results, it was actually in line with analyst expectations. If you look at the top line of...