From the category archives:

Earnings

Wall Street analysts had low expectations for the second quarter earnings season’s results, but companies are coming out of it with more steam than before. Even though not all reports were positive, the U.S. market has continued through the summer months on a generally positive note. With this in mind, it is no surprise that the ETF industry is booming; July alone saw the introduction of 17 new funds and not a single closing, and equities continue to push forward in 2013 [see also How to Pick The Right ETF Every Time].

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After a week of both hits and misses, the second quarter earnings season is well on its way and the week ahead will be filled with yet another round of reports. Last week, beverage giant Coca-Cola (KO) reported weaker-than-expected sales, while Goldman Sachs (GS) posted earnings per share of $3.70, well past the $2.82 estimate. Continuing the trend of stellar bank earnings, Morgan Stanley (MS) exceeded both earnings and revenue forecasts. Meanwhile, tech-giants Google (GOOG) and Microsoft (MSFT) posted dismal quarterly results  [see 25 Wild ETF Charts From 1H 2013]. [click to continue…]

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The second quarter earnings season is well on its way and this week will be jam packed with yet another round of reports. Last week, aluminum giant Alcoa (AA) reported a $119 million second quarter loss due to weak aluminum prices, putting the bellwether’s EPS at a mere 7 cents per share, but still slightly higher […]

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Earlier this week, aluminum giant Alcoa (AA) unofficially kicked off the Q2 2013 earnings season – posting both hits and misses. After the closing bell on Monday, the company reported a $119 million second quarter loss due to weak aluminum prices, putting the bellwether’s EPS at a mere 7 cents per share. Alcoa’s EPS did, however, manage […]

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The 2013 first quarter earnings season is well on its way, with several bellwethers reporting both hits and misses. Already this week, oil-giant Haliburton (HAL) reported earnings that came in well above expectations, while Caterpillar’s (CAT) earnings missed the mark, though the stock gained after the company’s CEO was less pessimistic than expected in his conference call. […]

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The bears were quick to return following yesterday’s rally, sparking a wave of profit-taking on Wall Street fueled by lackluster fundamental developments. Housing market euphoria was overshadowed by a sluggish labor market report on the day; weekly jobless claims came in at 388,000, well above the previous reading of 342,000, causing uncertainties to resurface. To top […]

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Mixed trading dominated Wall Street on Wednesday as investors digested conflicting data. On the bright side, U.S. housing data welcomed the bulls after the September housing starts figure blew expectations out of the water; this reading came in at 872,000, well above estimates of 770,000 as well as the previous month’s figure of 758,000. On […]

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Stock markets logged another session in green territory as upbeat earnings results collided with optimistic speculation that Spain would soon request bailout assistance. Positive economic data at home also helped to restore investors’ confidence in the recovery; industrial production in September increased by 0.4%, marking a major improvement from the previous month’s reading, which showed […]

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The bulls jumped into Citigroup (C) today after Wall Street icon Vikram Pandit stepped down as the bank’s chief executive officer. Shares of Citigroup soared to a high of $37.40 on the day bolstered by record trading volumes as investors expressed their improving outlook for the banking giant. The rather surprising departure of Pandit came […]

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Equity markets drifted sideways with a downward bias yesterday as investors digested a string of lackluster reports. Disappointing quarterly performance results from Apple and Netflix dragged the technology sector into red territory, while political gridlock in Washington, D.C. over the looming tax vote didn’t help to restore investors’ confidence. The cherry on the cake of […]

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Stocks markets around the globe kicked off the week on a dismal note as intensifying pressures over Europe’s debt drama welcomed back the bears on Wall Street. Gold and oil tanked alongside major equity indexes as concerns over rising yields on Spanish and Italian government bonds prompted officials overseas to impose a temporary ban on […]

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Corporate earnings season is upon us once again and many investors are likely looking for ways to favorably position themselves in anticipation of volatility. With major equity indexes sitting on hefty gains since the October 4th, 2011 lows, some are getting worried that any disappointment arising from corporate performance results could make way for profit taking pressures […]

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