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Global Macro Woes Ground FedEx (FDX)

March 26th, 2013

FedEx (FDX), which is considered a bellwether of the health of the global economy reported third quarter earnings that missed analyst estimates, raising concerns that the economy is actually weaker than the stock market would have investors believe….

Oracle (ORCL) Falls From the Cloud

March 25th, 2013

Shares of software giant Oracle (ORCL) were crushed last week, after the company reported weak earnings that missed analyst estimates on both the top and bottom lines. For its third quarter, the Redwood City, Calif.-based company earned 52 cents per…

Ulta Salon (ULTA) Plunges On Weak First Quarter Guidance

March 22nd, 2013

Shares of Ulta Salon, Cosmetic & Fragrance (ULTA) recently plunged, after the beauty retailer reported fourth quarter earnings that topped analyst estimates but offered weak guidance for the current quarter. Ulta operates full service salons, which feature hair services, pedicures, manicures and massages. It also sells beauty care products, such as make-up, fragrances, as well
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Aeropostale (ARO) Crashes As the Brand Continues to Deflate

March 21st, 2013

Shares of apparel retailer Aeropostale (ARO) plunged last week, after the company reported lackluster earnings and revenue, that was worsened by a first quarter forecast for continued losses.
Daily Chart

Even with an additional week in the quart…

Adobe (ADBE) Higher on Earnings News

March 20th, 2013

Shares of the Adobe Systems (ADBE) were up +6 percent to $43.10 per share in afterhours trading on Tuesday, after the company announced a -65 percent decline in quarterly earnings. The decline in earnings was attributed to lower revenues and higher …

China’s Facebook’ Renren (RENN) Faceplants

March 19th, 2013

Shares of Renren (RENN: Analysis), often hyped as the “Facebook (FB: Analysis) of China”, slid at the end of last week after the largest social networking operator in China finished off a decent quarter with a bleak near-term outlook. Daily Chart For its fourth quarter, Renren (literally meaning “everybody” or “all people”), posted a net
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Carlos Slim’s America Movil (AMX) Slides as Increased Regulation Looms

March 18th, 2013

Shares of America Movil (AMX: Analysis), the fourth largest telecom provider in the world, plunged last week after a lower house congressional committee in Mexico passed a bill that threatens to break up the empire founded by Carlos Slim, the richest man in the world. Slim currently controls roughly 70% of Mexico’s mobile market and
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E*TRADE (ETFC) Plunges After Citadel LLC Unloads its Entire Stake

March 15th, 2013

Shares of online brokerage E*Trade Financial Corporation (ETFC: Analysis) plunged this week, after the company’s largest shareholder, Citadel LLC, dumped its entire 9.6% stake of the company. Now that E*Trade’s two-time savior, which had aggresively…

The U.S. Government Unloads More GM (GM) Stock

March 14th, 2013

The U.S. government recently disclosed that it had sold roughly $490 million in GM (GM: Analysis) stock last month, rapidly accelerating its divestment from General Motors, which has been constantly ridiculed as “Government Motors” after its 2008 go…

Boeing (BA) Approved to Test Battery, Receives Large Order

March 13th, 2013

Shares of the Boeing Company (BA: Analysis) closed up +1.22 or +1.47 percent to $84.16 per share on Tuesday after hitting a five year high of $84.62 earlier in the day. Boeing stock was reacting to news that U.S. transport regulators had approved the company to test a redesigned battery for the 787 Dreamliner. In
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Quiksilver (ZQK) Wipes Out

March 12th, 2013

Shares of Quiksilver (ZQK: Analysis) slid last week, after the Huntington Beach, California-based surf company reported a net loss of $30.6 million for its first quarter – a 46.4% increase in losses from the $20.9 million it lost in the prior year q…

Pandora (P) Tops Earnings as CEO Steps Down

March 11th, 2013

Shares of Pandora Media (P: Analysis) surged after the company posted better-than-expected fourth quarter earnings. However, its CEO surprisingly stepped down just as the company is starting to grow. What’s going on at this Oakland, Calif.-based com…

PetSmart (PETM) Plunges on Bleak Guidance for 2013

March 8th, 2013

Shares of PetSmart (PETM: Analysis) plunged after hours on Wednesday, after the company reported robust fourth quarter earnings that were soured by downbeat guidance which missed analyst estimates.
Daily Chart

The company, which owns 1,300 pet s…

Smith & Wesson (SWHC) Plunges On Assault Rifle Ban Fears

March 7th, 2013

Shares of gun manufacturer Smith & Wesson (SWHC: Analysis) plunged this week, despite reporting third quarter earnings that surprisingly more than tripled from the prior year quarter. The Springfield, Massachusetts-based company posted a profit …

Five Stocks to Watch in March

March 6th, 2013

A tenable recovery in the United States economy has made the first quarter of 2013 beneficial to many investors in the stock market. The Dow Jones Industrial Average made an all-time high of 14,221 Tuesday morning, beating the previous high made on October 9th, 2007. The Dow is up almost eight percent so far this
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First Solar (FSLR) Faces an Eclipse in 2013

March 5th, 2013

Shares of First Solar (FSLR: Analysis) plunged last week, after its reported weak fourth quarter earnings followed by poor guidance for the next quarter. The solar power company, which lost nearly 90% of its market cap over the past five years, repo…

Anheuser-Busch InBev NV (BUD) Gets Accused of Watering Down its Beers After Reporting Robust Earnings

March 4th, 2013

Shares of Anheuser-Busch InBev NV (BUD: Analysis), the largest brewer in the world, came under pressure last week despite reporting fairly robust earnings. For its fourth quarter, Anheuser-Busch – best known for its Budweiser, Bud Light, Stella Arto…

Cracker Barrel (CBRL) Rallies Sharply as it Cracks Expectations

March 1st, 2013

Shares of Cracker Barrel Old Country Store (CBRL: Analysis) rallied sharply this week, after the retail and restaurant chain reported second quarter earnings that topped analyst estimates.

The Lebanon, Tennessee-based company posted earnings of …

Home Depot (HD) Crushes Lowe’s (LOW) With a Strong Fourth Quarter

February 28th, 2013

Home Depot (HD: Analysis) recently impressed investors after it posted stronger than expected fourth quarter earnings, after an improving U.S. housing market and sales related to Hurricane Sandy boosted its top and bottom line growth. Home Depot earned 68 cents per share, or $1.0 billion – up 36% from the 50 cents per share, or
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Macy’s Earnings Beat the Street

February 27th, 2013

Shares of Macy’s Inc. (M: Analysis) closed up 2.78% to $39.59 per share on Tuesday after the company announced higher fourth quarter earnings. Macy’s reported profits which came out better than expected and upwardly revised their guidance for the company’s 2013 fiscal year. While diluted earnings were $2.05 per share on revenue of $9.35 million
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