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Dow Earnings: High Hopes For Chevron, Johnson & Johnson
Monday, January 23, 2017 - 9:31am | 617More than a third of the Dow components are expected to report earnings this week. Only a health care giant and an oil supermajor are expected to show solid growth on both the top and bottom lines. Both have beat earnings expectations in recent quarters. We are in the heart of the fourth-quarter...
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The Rise Of Cyber Insurance
Tuesday, May 12, 2015 - 2:59pm | 465Last year's high profile hacking attacks on Target Corporation (NYSE: TGT), Home Depot Inc (NYSE: HD) and Sony Corp (ADR) (NYSE: SNE) raised awareness among consumers and businesses alike that cybercrime was developing faster than the programs that protect against it. The security breaches from...
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Markets Rally On Fed Minutes, Alcoa Kicks Off Earnings Season With Strong Beat
Wednesday, October 8, 2014 - 5:14pm | 2148U.S. stocks rallied after the 2:00 PM release of the Fed's September minutes, which revealed that committee members continue to debate over the timing and language of a rate hike. Several officials questioned their guidance if short-term rates were likely to stay low for a “...
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Market Wrap For June 17: Markets Higher Ahead Of Fed Decision
Tuesday, June 17, 2014 - 4:30pm | 1799U.S. stocks were slightly higher following encouraging economic May data coming in a day before the Federal Reserve concludes its two day meeting regarding its monetary policy. It is possible the Federal Reserve will announce on Wednesday that it is lowering its monthly asset purchases to $35...
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Market Wrap For January 21: Dow Hit by Earnings; S&P And Nasdaq End The Day Positive
Tuesday, January 21, 2014 - 5:51pm | 2887Markets ended the day mixed with the S&P 500 ending a two day losing streak. The Dow ended the day slightly in the negative as several Dow components failed to fully satisfy investor expectations with their earnings today. Investors also digested the latest commentary coming from the Wall...
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Warren Buffett's Bond Stance Propels Berkshire To Double Digit Earnings Growth
Monday, August 5, 2013 - 9:28am | 492Warren Buffett has never been much for the media spotlight which is likely one of the reasons why his company, Berkshire Hathaway (NYSE: BRK-A)(NYSE: BRK-B) reported earnings on Friday evening when traders were packing Wall Street bars talking about Anthony Weiner and the week’s winning trades...
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The Likely Winners and Losers of this Weekend's Epic Blizzard
Friday, February 8, 2013 - 10:11am | 583Boston’s WHDH meteorologist, Pete Bouchardon is on record calling the storm potentially “epic.” That was enough for airlines to cancel flights. So far, based on weather forecasts alone, airlines have canceled more than 3,300 flights according to CNN. Carriers announcing schedule changes before...
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PetSmart, True Religion and Other Top Nasdaq Performers in May
Thursday, May 31, 2012 - 7:20am | 948Here's a quick look at some of the top performing Nasdaq stocks in May. These stocks all have a market cap of more than $500 million and they all pay a dividend. OPNET Technologies (NASDAQ: OPNT) is almost 30% lower year to date, but up more than 10% in the past month. The Bethesda, Md.-based...
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Earnings Expectations for the Week of April 16 (GS, MSFT, MCD)
Sunday, April 15, 2012 - 10:45am | 1425The earnings crunch is on this week. Among the scheduled quarterly reports from the financial sector are those from American Express, Bank of America, Bank of New York, Citigroup, Goldman Sachs, and Morgan Stanley. The tech sector will be represented by earnings reports from IBM, Intel, Microsoft,...
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Earnings Expectations for the Week of October 17
Sunday, October 16, 2011 - 9:36am | 1322The earnings season ramps up this week. Tech giants Apple (NASDAQ: AAPL), Microsoft (NYSE: MSFT), Intel (NASDAQ: INTC) and IBM (NYSE: IBM) are scheduled to share their third-quarter results, as are big banks including Bank of America (NYSE: BAC), Citigroup (NYSE: C), Goldman Sachs (NYSE: GS),...
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Earnings Expectations for the Week of July 18
Sunday, July 17, 2011 - 9:18am | 1316Earnings season ramps up this week with quarterly reports due from the likes of tech companies such as IBM (NYSE: IBM) and Microsoft (NASDAQ: MSFT), big banks such as Wells Fargo (NYSE: WFC) and Bank of America (NYSE: BAC), and consumer goods giants such as PepsiCo (NYSE: PEP) and Johnson &...
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Deutsche Bank Reports 1Q11 Results On Travelers
Thursday, April 21, 2011 - 10:25am | 86According to Deutsche Bank, Travelers (NYSE: TRV) reported $1.89 including a one-time tax gain of $100MM. Deutsche Bank said that excluding this amount (unlikely in the Street consensus of $1.53), normalized op. EPS was $1.66. “Normalizing for a one-time tax item and higher hedge fund returns, TRV...
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UPDATE: Sterne Agee Color On TRV Initiation
Tuesday, March 22, 2011 - 9:03am | 142Sterne Agee, which initiated coverage of The Travelers Companies, Inc. (NYSE: TRV), is providing some color on the stock. “Travelers has a diverse mix of commercial and personal lines products that are offered to a wide array of clients ranging from individuals to businesses of differing size and...
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Randall Eley Recommended Pfizer (PFE), Travelers (TRV) and Chevron (CVX), on NBR
Monday, April 5, 2010 - 10:24pm | 342Randall Eley, president of the Edgar Lomax Company, an investment advisory firm based in Springfield, Virginia, was the Market Monitor on Thursday’s Nightly Business Report. Those familiar with Eley know that he usually recommends large cap, primarily blue chip companies. Commenting on the govn’t...