Latest Earnings Data:
RIMM Isn't Dead - Beats Top, Beats Bottom
Profit jumps 59%
EPS: $1.10 (vs. $1.04 expectations)
5 million new subscribers.
More overseas sales.
Improved margins.
Shares jump 12%.
Oracle's Profit Up 15%
Enterprise spending is back!
FedEx profit takes 30% hit on higher fuel costs
Best Buy profit quadruples, but shares fall after huge run up
Deere posts Q3 loss, lowers Q4 forecast
Tiffany's Reports Solid Quarter, Raises Guidance
J. Crew Crushes Earnings Expectations
EPS: $0.67 vs $0.41 expectations
HP Delivers After Dell Dissapoints
EPS: $1.14 (vs. $1.13 expectations, $0.84 in 2008)
Improved cost structure helped numbers.
Printer unit still slumping, but services sector thriving.
Dell's Earnings Dissappoint Investors
EPS: $0.17 (vs. $0.28 expectations, $0.37 in 2008)
Would have earned $0.23 without one-time items.
Shares slide over 8% in after-hours.
Home Depot's Earnings Beat Estimates, But Shares Fall On Poor Outlook
EPS: $0.41 (vs. $0.36 expectations, $0.45 in 2008)
Store sales still in "less bad" category.
Seeing signs of stabilization in CA, AZ, and FL.
Lowe's Earnings Meet Expectations
EPS: $0.23 (vs. $0.33 in 2008)
Retailers:
Target's Profit Tops Views
EPS: $0.58 (vs. $0.49 expectations, $0.49 in 2008)
Still cautious about Q4.
Wal-Mart Profit Up, But Sales Remain Soft
TJ Max sees profit surge
Kohls Beats On Top and Bottom
Cisco earnings beat expectations, raise guidance
Comcast earnings up 22%
Time Warner profits top estimates
Molson Coors profit tops views
Exxon Mobil earnings plunge 68%
Revenue: $4.83B (vs. $14.83B in 2008)
ESP: $0.98 (vs. $2.85 in 2008, $1.03 expectations)
Chevron Profit Down 51%
Verizon Revenues Up, But Profits Drop
Microsoft Earnings Down, But Beat Expectations
Revenue: $12.92 B (vs. $15B in 2008, $12.5B expectations)
ESP: $0.40 (vs. $0.32 expectations)
Wallstreet pleased with results, shares rise $2.
Amazon Earnings Surge 69%, Fly Past Estimates
Shares rise 12% after earnings released.
Revenue: $5.45B (Up 54%)
Expects $8-9B of revenue in Q4.
EPS: $0.45 (vs. $0.33 estimates, $0.27 in 2008)
Apple Earnings Wallop Expectations
Revenue: $8.34B (vs. $7.46 in 2008)
EPS: $1.35 (vs. $1.19 in 2008, $1.17 estimate)
Solid report from Kimberly Clark
Xerox faces steep profit drop but raises outlook
Caterpillar Beats Expectations
Sales down 44%, net income down 53% from a year ago, but
seeing "encouraging" signs that recovery is under way.
Yahoo! Q3 Profit Triples Despite Sales Declines
SanDisk Sales Strong, Shares Up 10%
GE Profit Down 45%, Trails Estimates
Quarter mixed, revenues dissapoint.
Revenue: $37.8B (vs. $39.7B estimate)
Profit: $2.45B (vs. $4.48B in 2008)
EPS: $0.22 (vs. $0.45 in 2008)
GE sees signs of stabilization
Google Delivers BIG!
Earnings: $4.38B (vs. $4.23B estimates)
EPS: $5.89 (vs. $5.42 estimates)
Paid clicks up 14%
Report should extend tech rally.
More hiring!
Advertising recession defeated!
IBM Profit Up 14%, Raises Outlook
EPS: $2.40 (vs. $2.04 in 2008)
Bank of America posts Q3 loss
Loss: $1 Billion before preferred dividends, $2.4 Billion after dividends.
EPS: -$0.26 (vs. $0.33 in Q2, $0.25 in Q3 of 2008)
Overdue loans are growing.
Ken Lewis: "We peaked in credit losses."
Goldman Sachs Triples Q3 earnings from Q2
EPS: $5.25 (vs. $1.81 in Q2)
Estimated EPS of $4.18
Shares down 1.9% due to the $6 "whisper" estimate.
Citigroup Posts Smaller Than Expected Losses
Revenue: $20.4B (vs. $20.9B expectation)
EPS: ($0.27) vs. ($0.38) expectations
$8 billion credit losses weigh on results.
JP Morgan Posts Strong Profit
Revenue: $28.2 B (vs. $16.1 in 2008)
EPS: $0.82 (vs. $0.50 expectatios)
Reserves: $31.5 B
Abbott Labs Profit Up 37%
Beats estimates by 2 cents.
Intel CRUSHES Estimates
Beats TOP and BOTTOM line.
Revenue: $9.4B (vs. $9.05B expectations)
EPS: $0.33 (vs. $0.28 expectations)
Improved margins.
Provided guidance above estimates.
Fast Money's Take on Intel
Johnson & Johnson Profit, Sales Increase
Q3 Profit Up 1.1%
EPS: $1.20 (vs. $1.13 estimate, $1.17 in 2008)
Revenue fall 5.3% to $15.08B.
Stock falls 2.7% due to 14% drop in drug sales due to generics.
Pulse of the Market:
November existing-home sales surge
12/17: Initial jobless claims suddenly increase
12/16: Inflation still looks tame
12/14: Abu Dabi bails out Dubai
12/14: Exxon Mobile acquires XTO
12/13: Positive Retail Numbers Called HOT
12/3: Stocks Pull Back After ISM Service Index Falls
12/1: Cyber Monday Sales Rise 14%
12/1: ISM comes in at 53.6%
Down from 55.7% in October, but sector is still expanding.
12/1: Pending U.S. Home Sales Rise In October
11/26: Consumer confidence improves in November
11/26: Jobless claims fall below 500,000
11/19: 3 States Set New Unemployment Records
11/18: Oil rises on inventory data showing steep drop
11/17: US/China to rebalance ties
11/16: US Producer prices remain flat, tame inflation worries
11/16: Bernanke Gives Speech On Dollar's Strength
11/13: Consumer confidence decreases
11/12: Jobless claims at year's lowest level at 502,000
Estimates were 510,000 jobless claims.
11/12: GE Sells Security Business To UTX
11/11: HP Acquires 3Com
11/5: Congress extends Homebuyer tax credit and unemployment benefits
11/5: Retailers report positive October numbers
11/5: Worker productivity surges
11/4: The Fed says interest rates to remain low for an extended period
11/4: ADP projects job losses to continue until mid-2010
11/4: Non-manufacting service sector index increases in October
Dubai Debt Disaster:
11/27: Dubai's Debt Rattles Markets
Stocks sink around the World
UAE Central Bank Involvment Imminent
Dubai World Mulling 4 Options
Another financial crisis?
New Alarm To Tighten Risk
Dubai, the Dollar, and Equities
Dollar should rally due to Dubai causing leveraged stocks to be liquidated.
Investors could hedge with the ETF UUP.
$1,170 GOLD
Roubini: Gold at significant risk of correction
Peter Schiff Interview: Future of the Dollar and Gold
11/19: Analyst expects a pullback to $1050, but see gold at $1250 in Q1 of 2010
Is the dollar doomed?
Why US Officials Aren't Worried About Dollar's Fall
Will Gold stay above $1,000?
This is golds third attempt to break above $1,000.
Investors are underweight in gold and may pull out of equities.
US and UK budget deficits driving demand.
September is a strong month for gold.
Price of gold unlikely to change in near term.
Economic data
could cause dollar to pop and gold to decline.
Year-End Gold Target: $1,150
1 Analyst is LONG DOLLAR!
Says next easy money will be made by buying dollar.
Feels it's been extremely oversold and everybody hates it.
Recipe for a sharp rally.
Only 3% traders bullish on dollar.
Dollar is STILL the world's reserve currency.
Best way to profit from strong dollar is to sell stocks.
Peak in dollar corresponded with bottom in S&P 500.
People chearing for a weak dollar
What $1,000 gold means for the market
Look for risk aversion.
Stocks looking very overboought.
Look for market correction to get into precious metals.
Why Silver beats Gold as precious metals play
What the Gold technicals are saying
Gold not behving with normal market trends
Gold trending up with market is unusual.
Analyst believes rally is legitimate after believing
the move in gold was unsustainable.
Could signal
BULL MARKET IN BOTH GOLD AND EQUITIES!
Will China propel $2,000 gold?
10.2% Unemployment:
10.2% Unemployment, What Recovery?
Highest unemployment rate since 1983.
Obama's Failed Stimulus In Pictures
Rosenberg: Unemployment headed to 12-13%
World Bank: Unemployment threatens US economy
10.2% unemployment shows Obama has us on road to ruin
Why the unemployment report was good for the market
Un- and Under-employment: 17.8%
