Shares of closeout retailer, Big Lots (BIG: Charts, News, Offers) declined -11.00 points, or -24.0 percent to $34.71 per share in active trading on Tuesday, after the company gave warning on first quarter same store sales late Monday. The company fo…
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Big Lots (BIG) Warns on First Quarter Sales
April 25th, 2012Microsoft (MSFT) Posts Strong Gains in the Third Quarter
April 24th, 2012Last week, tech bellwether Microsoft (MSFT: Charts, News, Offers) surprised Wall Street when it posted third quarter revenue and earnings that topped all expectations. Microsoft earned 60 cents per share on revenue of $17.4 billion, beating the aver…
Qualcomm’s (QCOM) Weak Guidance Sinks Shares
April 23rd, 2012Shares of wireless chip maker Qualcomm (QCOM: Charts, News, Offers) plunged this week after the company reported its second quarter earnings, which topped analyst estimates but fell short on guidance. Qualcomm reported earnings of $1.01 per share on…
American Express (AXP) Tops Street Expectations on Strong Affluent Spending
April 20th, 2012On Wednesday, credit card giant American Express (AXP: Charts, News, Offers) topped Wall Street expectations with strong first quarter earnings fueled by increased spending from its affluent customer base. The firm reported first quarter net income …
Can Pepsi (PEP) Follow Coca-Cola’s (KO) Lead?
April 19th, 2012This week, Coca-Cola’s (KO: Charts, News, Offers) stronger than expected earnings has caused investors to think twice about its often overlooked peer, Pepsico (PEP: Charts, News, Offers) – the producer of Pepsi, Mountain Dew, Gatorade, Doritos, Ruff…
Coca Cola Opens Earnings Season with a Bang (KO)
April 18th, 2012Shares of the world’s largest soft drink maker, Coca Cola Company (KO: Charts, News, Offers) rose on Tuesday after the Atlanta, GA based company reported better than expected first quarter earnings. Coca Cola stock – a component of the Dow Jones Ind…
Coinstar (CSTR) Shares Surge on Increased First Quarter Guidance
April 17th, 2012Shares of Coinstar (CSTR: Charts, News, Offers), the parent company of movie-rental kiosk operator Redbox, rallied strongly at the end of last week, topping off its 44% increase over the past year. Coinstar revised its first quarter estimates on bot…
Google (GOOG) Faces Major Challenges in 2012
April 16th, 2012Shares of search giant Google (GOOG: Charts, News, Offers) slid last Friday despite posting strong first quarter earnings that topped analyst estimates. The Mountain View, California-based company posted a profit of $8.75 per share, or $2.89 billion…
Game Over for Sony (SNE)
April 13th, 2012This week, shares of electronics giant Sony (SNE: Charts, News, Offers) plunged to fresh lows after it doubled its annual loss forecast to a record $6.4 billion. The Tokyo-based company, which has seen its shares plunge nearly 40% over the past twel…
Alcoa (AA) Posts a Surprising Profit, Defying Bearish Expectations
April 12th, 2012Aluminum producer Alcoa (AA: Charts, News, Offers) kicked off earnings season on Wall Street on Tuesday, reporting a massive improvement over its previous quarter and forcing analysts to rethink their bearish sentiments. Alcoa reported its first qua…
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