Stock of the Day

Shares of AT&T Inc. (T) traded lower in after hours trading, dropping -0.63 or 1.62 percent to $38.37 per share Tuesday afternoon, after the company announced a +3.2 percent rise in first quarter profits. Despite earnings being on target according to analyst estimates, shares were weaker due to the company missing its first quarter revenue
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Shares of Western Digital Corporation (WDC), rallied at the end of last week, after analysts upgraded the electronic data storage products manufacturer. It wasn’t long ago when investors were worried about the future of hard drive makers such as Wes…

Shares of General Electric (GE) slid last week, after the company followed up strong first quarter earnings with lackluster guidance. For its first quarter, GE earned $0.34 per share, or $3.53 billion, a 16% rise from the $0.29 per share, or $3.03 billion, it earned in the prior year quarter. On an adjusted basis, GE
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Shares of Indian business consulting, technology, engineering and outsourcing services company Infosys Limited (INFY) plunged last week, after the Bangalore, Karnataka-based company reported fourth quarter earnings that topped on profit but missed o…

Things might get rough soon for General Motors (GM), the second largest automaker in the world. While the Detroit-based automaker was able to momentarily claim the crown as the world’s top automaker last year after Toyota (TM) was hit by tsunami-rel…

Shares of Yahoo Inc. (YHOO) closed down -0.19 or -0.79 percent to $23.79 per share on Tuesday, ahead of the company’s 2013 first quarter earnings report. Yahoo stock sold off after the announcement and was trading down -1.15 or -4.83 percent in Wedn…

Finnish handset giant Nokia (NOK), which will report earnings this Thursday, is closely watched by analysts for hints to the future of the smartphone market. Carnegie analysts in Finland currently forecast Nokia to ship 5.9 million smartphones (including 4.9 million flagship Lumia units) in the first quarter. Although demand has been unexpectedly strong for its
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Yum Brands (YUM), the parent company of Pizza Hut, Taco Bell, and KFC, has had tough couple of months. The company, which generates more than half of its revenue from China, initially got hit by the growth hormone chicken scandal, in which the Chine…

Over the past few weeks, Hewlett-Packard (HPQ) shareholders, led by activist investor Ralph Whitworth, have been revolting against the beleaguered company’s board. Chairman Ray Lane, who narrowly won reelection at the company’s annual shareholders m…

Shares of WD-40 (WDFC), the maker of its namesake multi-purpose lubricant and other household products, rallied strong last week after the company reported solid second quarter earnings. For its second quarter, WD-40 earned $0.66 per share, or $10.5…

Shares of First Solar Inc. (FSLR) closed up +12.31 or +45.54 percent to $39.35 per share on Tuesday, after the company announced an optimistic guidance for its 2013 fiscal year. The stock’s precipitous rise in Tuesday’s session triggered NASDAQ circuit breakers and was halted five times during trading. In addition to the improved earnings guidance,
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Last week, Facebook (FB) announced “Home” for Android, a hub application that ties together Facebook features and mobile apps on a single platform. Prior to the announcement, finance writers and analysts had been speculating that Facebook might release a phone to compete with Apple’s (AAPL) iPhone or other Google (GOOG) Android devices. During the announcement,
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Last week, The Walt Disney Company (DIS) announced that it would start laying off staff in its studio and consumer product divisions to streamline the company’s operations. It also announced that it would shut down LucasArts games studio, which it a…

Graphics chip giant Nvidia (NVDA) has had a pretty tough year. Shares of the Santa Clara, Calif.-based company have slid 12% over the past twelve months, and plunged 35% over the past five years. However, recent reports suggest that Nvidia is poised…

Internet search giant Google (GOOG) surprised the market last week after it announced that it was investing in grocery delivery. The project, Google Shopping Express, is currently being tested on a small group of consumers in San Francisco and the B…

The stock market continued higher in March, ending 2013′s first quarter on an extremely positive note. Tuesday’s rally, with the Dow rising 89 points took the index to new all time highs and into uncharted territory.
The Dow closed at 14,662 on Tue…

Last week, e-commerce giant Amazon (AMZN) announced that it would purchase Goodreads, a niche book recommendations social site with more than 16 million members. Goodreads’ members have added 530 million books to their digital collections, and writt…

Things have been rough for Apple (AAPL) shareholders over the past year. The stock, once the darling of Wall Street, has fallen over 25% over the past twelve months. CEO Tim Cook’s performance after Steve Jobs’ departure has been mixed, as South Kor…

Shares of Research in Motion (BBRY), which was recently renamed BlackBerry, plunged last week after analysts at Deutsche Bank issued a report claiming that initial sales of the BlackBerry Z10 were very poor, even in the company’s native Canada. The Z10, which runs on BlackBerry’s eagerly anticipated BlackBerry 10 platform and uses a full touch
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Shares of footwear and athletic apparel retailer Nike (NKE) rallied last week, after the company reported strong third quarter earnings that exceeded analyst estimates. For the quarter ending on February 28, the Beaverton, Oregon-based company earned 73 cents per share, or $662 million, a 16% improvement from the 61 cents per share, or $569 million,
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