FeedPosted Jan 30th 2010 2:40PM by Trey Thoelcke (RSS feed)
Filed under: Amazon.com (AMZN), 3M Corporation (MMM), Caterpillar (CAT), Netflix, Inc. (NFLX), Johnson and Johnson (JNJ), Newell Rubbermaid (NWL), Procter and Gamble (PG), Verizon Communications (VZ), EMC Corp (EMC), Honeywell Intl (HON), United Technologies (UTX), General Dynamics Corp (GD), Potash Corp. of Saskatchewan (POT)
Here are some highlights from this past week's earnings coverage on BloggingStocks:
- Amazon.com Inc. (AMZN) better-than-expected Q4 numbers due to strong holiday sales of media products.
- BlackRock Inc. (BLK) reported strong Q4 results and doubled assets under management due to an acquisition.
- Caterpillar Inc. (CAT) shares fell despite better-than-expected Q4 earnings as guidance fell short of the Street view.
- DeVry Inc. (DV) reported better-than-expected Q2 numbers due to increasing enrollments, which lifted shares.
- EMC Corp. (EMC) reported strong Q4 results that beat the Street view and offered full-year guidance.
- General Dynamics Corp. (GD) Q4 results fell short of expectations and its guidance was less than estimates.
Continue reading Earnings Highlights: Amazon, Caterpillar, General Dynamics, Netflix, P&G, 3M, Verizon ...
Posted Jan 22nd 2010 5:20PM by Steven Mallas (RSS feed)
Filed under: Earnings Reports, Industry, General Electric (GE), Citigroup Inc. (C), Comcast Cl'A' (CMCSA), United Technologies (UTX)
General Electric Company (GE) is not a stock beloved by its shareholders. I'm one of them, and I can tell you that I sometimes find myself still unable to process the fall the once mighty icon of Wall Street has taken because of too much financial exposure. I look to every earnings report for signs of a true recovery in the conglomerate, a restoration to its former glory. The latest Q4 report doesn't necessarily do anything to point me in such direction, but I keep trying to tell myself it's going to be a while, and to hang in there.
According to the company press release, GE, whose colleagues include Citigroup, Inc. (C) and United Technologies (UTX), experienced a 10% drop in total sales and a 22% decline in per-share profit, the latter coming in at 28 cents from continuing operations. Thankfully, 28 cents was a couple pennies above the estimate given at Earnings.com.
Continue reading General Electric's Fourth Quarter Shows Profit Drop
Posted Dec 10th 2009 8:00AM by Paul Foster (RSS feed)
Filed under: International Business Machines (IBM), Options, United Technologies (UTX)
IBM (IBM) closed at $128.39. IBM December option implied volatility is at 19, August is at 21; below its 26-week average of 27 according to Track Data, suggesting decreasing price movement.
United Technologies (UTX) closed at $67.41. United Technologies is scheduled to host and investor meeting in New York after the market close on December 10. December option implied volatility is at 26; January is at 25; below its 26-week average of 30, according to Track Data, suggesting decreasing price movement.
Option Update is provided by Stock Specialist Paul Foster of theflyonthewall.com
Posted Dec 4th 2009 9:45AM by Jim Cramer (RSS feed)
Filed under: Market Matters, 3M Corporation (MMM), Caterpillar (CAT), JPMorgan Chase (JPM), Bank of America (BAC), Goldman Sachs Group (GS), United Technologies (UTX), Wells Fargo (WFC), Cramer on BloggingStocks
TheStreet.com's Jim Cramer says it's good they could raise $19 billion so fast, but there are lots of reasons to be tentative here.
You have to have mixed emotions about this Bank of America (
BAC) (
Cramer's Take) deal. It's terrific that in 24 hours, a company that has no CEO and no history of making money during this tough period can raise $19 billion. But it is not terrific that $19 billion in buying power disappeared like that in a market where $19 billion actually matters, and is a precursor to maybe triple that figure that has to be raised within a short period of time.
Remember when we first did the TARP raises, the initial guys did pretty well but as we went down the path it got tougher and the stocks got hammered more, and you wanted to be short all of the financials even though the early ones popped.
Continue reading Cramer on BloggingStocks: Mixed feelings on the BofA capital raise
Posted Nov 19th 2009 8:15AM by Jim Cramer (RSS feed)
Filed under: Analyst Reports, Analyst Upgrades and Downgrades, Dell (DELL), Intel (INTC), Market Matters, Texas Instruments (TXN), Limited Brands (LTD), Honeywell Intl (HON), United Technologies (UTX), Cramer on BloggingStocks
TheStreet.com's Jim Cramer says the world's economies are getting too strong to obey these downgrades of Intel and TI. When Wall Street starts looking at tech companies as they would industrials -- as they should be scrutinized -- then we will not get downgrades like Bank of America/Merrill's takedowns of Intel (
INTC) (
Cramer's Take) and Texas Instruments (
TXN) (
Cramer's Take).
The essence of these two downgrades is the looming inventory correction that everyone has feared from $14 a share onward for Intel and $18 for Texas Instruments at the start of the summer. At every step I have heard of this coming breakdown, the double ordering and the decline in demand as one analyst after another has warned us of the apocalypse around the corner.
Continue reading Cramer on BloggingStocks: Dismiss the latest tech downgrades
Posted Nov 12th 2009 8:00AM by Melly Alazraki (RSS feed)
Filed under: Before the Bell, International Markets, Hewlett-Packard (HPQ), General Electric (GE), Wal-Mart (WMT), Market Matters, Economic Data, United Technologies (UTX), Oil

U.S. stock futures were lower Thursday morning after the Dow industrials hit yet another 13-month high on Wednesday, but the S&P 500 couldn't close above the 1,100 level. Even though Wal-Mart beat earnings and improved its outlook, futures declined as investors await weekly jobs data.
Wal-Mart Stores Inc. (
WMT) posted
third-quarter profit of 84 cents a share, above Bloomberg's analyst estimates for profit of 81 cents. Wal-Mart also upped its full-year profit above estimates, but fourth quarter guidance barely matched projections. Sales grew by just 1% in the quarter. WMT shares slid over 1% in pre-market trading.
Continue reading Before the bell: Stocks to open lower despite Wal-Mart's beat
Posted Sep 26th 2009 1:10PM by Trey Thoelcke (RSS feed)
Filed under: Earnings Reports, Automatic Data Proc (ADP), AutoZone Inc (AZO), Bed Bath and Beyond (BBBY), Carnival Corp (CCL), ConAgra Foods (CAG), Costco Wholesale (COST), Research in Motion (RIMM), General Mills (GIS), Lowe's Cos (LOW), Lennar Corp'A' (LEN), Red Hat Inc (RHT), Activision Inc (ATVI), United Technologies (UTX), Rite Aid Corp (RAD), Potash Corp. of Saskatchewan (POT)
Continue reading Earnings highlights: AutoZone, Carnival, CarMax, ConAgra, General Mills, RIM ...
Posted Sep 23rd 2009 10:00AM by Jim Cramer (RSS feed)
Filed under: Hewlett-Packard (HPQ), General Electric (GE), Market Matters, International Business Machines (IBM), 3M Corporation (MMM), Caterpillar (CAT), Boeing Co (BA), EMC Corp (EMC), Honeywell Intl (HON), United Technologies (UTX), Eaton Corp (ETN), Cramer on BloggingStocks
TheStreet.com's Jim Cramer says the weak dollar is benefiting U.S. corporations and no longer going against them. Why have the industrials been so red-hot? Why do they seem to levitate? One reason, of course, is that people think the economy's getting better. A second reason is that even if the economy stands still vs. last year the comparisons will be amazing and nothing gets the juices going more rapidly than easy comparisons.
Why will they be so glaring? First, the layoffs have been brutal, the cost-cutting immense and it hasn't hurt at all ... yet. It is totally and unequivocally positive.
Continue reading Cramer on BloggingStocks: Weak dollar powering profits
Posted Sep 9th 2009 10:00AM by Jim Cramer (RSS feed)
Filed under: Apple Inc (AAPL), General Electric (GE), Wal-Mart (WMT), PepsiCo (PEP), Intel (INTC), Market Matters, 3M Corporation (MMM), Caterpillar (CAT), Citigroup Inc. (C), Bank of America (BAC), Costco Wholesale (COST), FedEx Corp (FDX), Research in Motion (RIMM), Procter and Gamble (PG), Lennar Corp'A' (LEN), Toll Brothers (TOL), QUALCOMM Inc (QCOM), Palm Inc (PALM), Cypress Semiconductor (CY), Broadcom Corp'A' (BRCM), United Technologies (UTX), Wells Fargo (WFC), salesforce.com inc (CRM), Union Pacific Corporation (UNP), Cramer on BloggingStocks, Marvel Entertainment (MVL)
TheStreet.com's Jim Cramer says the action that is linked to the futures markets, such as oil, is distorting rational analysis. Maybe one day we can escape the commodity linkage and begin to trade on the fundamentals again, something that seems more distant now than any time I can recall. We are totally marching to gold, to oil, to copper, and not the fundamentals.
Throughout the era in which China has become a superpower and hedge funds have become the super arbiters or what goes up or down, we have been stuck with this fairly bogus linkage that corrupts trading and makes a mockery out of some of the most important financial analysis out there, the actual attempts to discover what's really happening at companies.
Continue reading Cramer on BloggingStocks: Fundamental distortion
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