Last Friday, Macau-based casino operator Melco Crown Entertainment (MPEL: Charts, News, Offers) stunned investors when it posted a sixfold increase in earnings at its City of Dreams casino. The company, a joint venture between Australian billionaire…
Market Commentary
Melco Crown (MPEL) Posts a 567% Gain in Earnings on Macau Growth
February 13th, 2012Cisco (CSCO) Makes a Strong Comeback and Tops Earnings Estimates
February 10th, 2012This week, networking equipment maker Cisco (CSCO: Charts, News, Offers) topped Wall Street’s second quarter forecasts on both profit and sales, with adjusted earnings of 47 cents per share on revenue of $11.5 billion. Analysts on average were expec…
Greek Debt Agreement Sends Stocks Slightly Up (PEP, GRPN)
February 9th, 2012Major indices saw a bump today as Greek officials finally agreed to the terms of the austerity requirements for the debt bailout that was negotiated earlier by European authorities. New jobless claims also fell to 358,000, according to the Labor De…
Yum! Brands (YUM) Posts Yummy Earnings
February 9th, 2012Yum Brands (YUM: Charts, News, Offers), the parent company of KFC, Taco Bell and Pizza Hut, posted strong fourth quarter and full-year earnings earlier this week. Yum recently sold its Long John Silver’s and A&W brands and currently operates over 37…
Slight Bump in Stock Prices as Greek Bailout Deal Nears Completion (NOK, S)
February 8th, 2012Major indices saw a slight increase today, as there appeared to be tangible process in getting a Greek debt bailout deal approve in Europe. In corporate news, Nokia’s (NOK) troubles continue, as they announced that they would be laying off 4,000 wo…
BP P.L.C. (BP) Reports Better Than Expected Earnings, Boosts Dividend
February 8th, 2012ADR Shares of London, England based BP P.L.C. (BP: Charts, News, Offers) formerly known as British Petroleum declined by -0.27 or -0.58% to $46.60 per share on Tuesday after the company reported fourth quarter net income had increased to $7.65 bi…
Stocks Slightly Up on Consumer Credit Report (UBS, VZ)
February 7th, 2012Major indices were slightly up today; though the biggest gains were seen by the Dow, at a mere 0.26 percent increase by the time markets closed. The Federal Reserve reported today that consumer credit increased by 0.8 percent, or $19.3 billion, to …
Sysco (SYY) Posts Mixed Earnings on Rising Food Cost Inflation
February 7th, 2012Food service supplier Sysco (SYY: Charts, News, Offers) missed earnings estimates yesterday, which it attributed to higher food and overhead costs. The Houston, Texas-based company, which has a market cap of $17.3 billion, is the largest in its indu…
Stocks Slump on Investor Uncertainty over Greek Bailout (C, AMZN)
February 6th, 2012Investors are increasingly uncertain that Greece will accept the terms of the new bailout, and the slight fall in major indices reflected that anxiety today. In financial news, there are reports of a $25 billion settlement in the pipeline between t…
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Recent Commentary and Articles
- 4 Tips for Beginner Forex Traders
- Melco Crown (MPEL) Posts a 567% Gain in Earnings on Macau Growth
- Austerity Opposition in Greece Sends Stocks Down (AMX, ALU)
- Cisco (CSCO) Makes a Strong Comeback and Tops Earnings Estimates
- EUR Comes off Two-Month High to Close Out Week
- Greek Debt Agreement Sends Stocks Slightly Up (PEP, GRPN)
- USD Retreats vs. Riskier Currencies, Sees Gains against JPY
InvestorGuide Contributors
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Investing Term of the Day
In the context of a futures trading account, it is the value of the securities in the account, assuming that the account is liquidated at the going price. In the context of a brokerage account, it is the net value of the account, i.e. the value of securities in the account less any margin requirements.
Austerity Opposition in Greece Sends Stocks Down (AMX, ALU)
February 10th, 2012Major indices fell today by as much as 0.8 percent as a cadre of Greek ministers fought against the austerity measures required to get the latest bailout deal. The University of Michigan’s survey on consumer sentiment just came out and found that i…
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