Top 3 Reasons Today’s Markets Were Up
Markets closed up on Wall Street: DJI +0.48% SP500 +0.54% Nasdaq +0.28% Gold +0.12% The markets were up because: Wholesale Inventories and Sales were much better than expected. Inventories rose 1.3%,...
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Earnings Sneak Peek: Research In Motion (RIMM) Primed For A Comeback?
Earnings Estimates (High/Mean/Low): $1.41 / $1.355 / $1.23 Revenue Estimate: Up 27% YoY to $4.49 billion Oh how the mighty have fallen. Just over two years ago, Research In Motion (NASDAQ: RIMM) was...
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How Netflix Pushed Blockbuster to Irrelevancy
It’s only natural for people to want to compare Netflix (NASDAQ: NFLX) with Blockbuster (PINK: BLOKA), especially with Blockbuster having filed for bankruptcy yesterday while Netflix launched to new...
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Earnings Cheat Sheet: Carmax (KMX) Jumps 10%+ As Consumers Continue To Favor...
Earnings: Q2 profits of $0.48 vs. estimates of $0.40 and $0.46 in Q2 last year. Revenue: Up 13% to $2.34 billion vs. estimates of $2.27 billion. Management noted on the call that CarMax’s “4% increase...
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Earnings Cheat Sheet: Tibco Software (TIBX) Blasts Through All-Time Highs
Earnings: Q3 profits of $0.17 vs. estimates of $0.15 and $0.13 in Q3 last year. Revenue: Up 23% YoY to $184.5 million vs. prior guidance of $172-$177 million. CEO Vivek Ranadive noted that Tibco...
View ArticleIs Comprehensive Monetary Easing a Catalyst for Gold?
This morning the Bank of Japan announced it cut rates to a range of 0 to .1 percent, the lowest level since 2006. The move was deemed “comprehensive monetary easing”. Japanese policy will create a 5...
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Earnings Cheat Sheet: Altria’s Big Bet On Smokeless Is Already Paying Dividends
Altria Group Inc. (NYSE: MO) surprised the street yet again this past Wednesday when it reported upside earnings before the bell. While some on the Street had begun to doubt the investment thesis...
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NASDAQ 100 Nears Post-Dot.Com Bubble High
While yesterday’s headlines focused on some of the major indices closing at 2-year highs, there’s another, the NASDAQ 100 is on the brink of a far more significant threshold. Don’t blink now, but at...
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Earnings Cheat Sheet: Salesforce.com Jumps Nearly 20% Off 3Q Earnings Beat
Salesforce.com (NYSE: CRM) is a cloud-based provider of customer relationship management services. Its applications can be customized and integrated with other software applications and are sold on a...
View ArticleApple Shares Reach New All-Time, Tim Cooks Sells $11.1 Million
According to an Apple Inc. (NASDAQ:AAPL) filing with the U.S. Securities and Exchange Commission on Monday, Tim Cook made $11.1 million after taxes by selling 37,500 restricted stock units. Cook was...
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