Earlier this week, search behemoth Google (GOOG: Charts, News) rallied strongly after reporting fourth quarter earnings that exceeded analyst estimates, prompting a wave of upgrades. The Mountain View, California-based company earned $10.65 per shar…
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Google (GOOG) Tops Estimates on Strong Mobile Growth
January 25th, 2013AMD (AMD) Soars Despite Lackluster Fourth Quarter Earnings
January 24th, 2013Shares of Advanced Micro Devices (AMD: Charts, News) soared 10% yesterday, after the chip maker surprisingly beat lowered expectations. For its fourth quarter, AMD reported a loss of 63 cents per share, or $473 million, on revenue of $1.16 billion. …
IBM (IBM) Shares Higher on Solid Fourth Quarter, Guidance
January 23rd, 2013Shares of International Business Machines Corp. (IBM: Charts, News) gained +7.83 or +3.99 percent to $203.91 per share in afterhours trading on Tuesday, after the company reported a six percent increase in 2012 fourth quarter earnings. IBM stock had…
Boeing’s (BA) Dreamliner Dreams Go Up in a Puff of Smoke
January 22nd, 2013Aircraft manufacturer Boeing’s (BA: Charts, News) suffered a major setback this month, after safety concerns arose regarding its flagship 787 Dreamliner aircraft. The revolutionary, next-generation 787s are manufactured from lightweight composite ma…
Intel (INTC) Plunges After Bleak Outlook Sinks Investor Confidence
January 21st, 2013Shares of Intel (INTC: Charts, News) plunged last Friday, after the largest microprocessor company in the world posted bleak guidance that confirmed investors’ fears that it was losing ground in the critical tablet and smartphone battle. The company…
eBay (EBAY) Rises After Narrowly Topping Estimates
January 18th, 2013Shares of eBay (EBAY: Charts, News) rose yesterday, after the online auction site posted fourth quarter earnings that topped analysts expectations. The company earned 57 cents per share, or $751 million, on revenue of $4 billion. EPS declined 62%, w…
Goldman Sachs (GS) Easily Tops Earnings Expectations
January 17th, 2013Yesterday, Goldman Sachs (GS: Charts, News) topped analyst forecasts on both its top and bottom lines, attributing strong growth in its investment banking arm, equity offerings and debt underwriting results. The banking giant posted fourth quarter e…
Dell (DELL) in Talks for LBO
January 16th, 2013Shares of Dell Inc., (DELL: Charts, News) closed up +0.88 or +7.16 percent to $13.17 per share in active trading on Tuesday, after reports that the company was in talks with Silver Lake, Texas Pacific Group and several other large investor groups on…
Alcoa (AA) Forecasts Stronger Growth in the Next Two Years
January 15th, 2013Last week, Alcoa (AA: Charts, News) posted its fourth quarter earnings, in line with EPS expectations and exceeding revenue estimates. Alcoa, the world’s third-largest aluminum producer, reported adjusted earnings of 6 cents per share on revenue of …
Mortgage Worries Overshadow Wells Fargo’s (WFC) Strong Fourth-Quarter Earnings
January 14th, 2013Last Friday, San Francisco, California-based Wells Fargo (WFC: Charts, News), the largest mortgage lender in the United States, surprised the market with an astounding earnings beat on both top and bottom lines. For its fourth quarter, the bank repo…
Facebook (FB) Flirts With $30 Again
January 11th, 2013Shares of Facebook (FB: Charts, News) finally closed over $30 this week, the first time in nearly half a year, staging a remarkable comeback after the stock plunged to $18 last year. Facebook’s IPO was widely lamented as the worst IPO in recent hist…
Sears Holdings (SHLD) Majority Shareholder Eddie Lampert Crowns Himself CEO
January 10th, 2013This week, Sears Holdings (SHLD: Charts, News) announced the resignation of CEO Lou D’Ambrosio, who has led the company for the past two years. During his term, Sears stock slid 46%, continuing its five consecutive years of declining revenue. D’Ambr…
Clearwire (CLWR) Gets Bid From Dish
January 9th, 2013Shares of Clearwire Corporation, (CLWR: Charts, News) gained +0.26 or +8.90 percent to $3.18 per share in after-hours trading Tuesday after Clearwire received an unsolicited bid of $3.30 per share from Dish Network. The bid from Dish comes only a mo…
Amazon (AMZN) Surges on an Upgrade and Strong Kindle Fire Sales
January 8th, 2013Shares of e-commerce giant Amazon.com (AMZN: Charts, News) surged yesterday, after Morgan Stanley analysts. Led by Scott Devitt upgraded the stock from equal-weight to overweight, stating that investors are underestimating the company’s growth poten…
Gap’s (GPS) 70% Rally Could Continue into 2013
January 7th, 2013Shares of apparel retailer Gap Inc. (GPS: Charts, News) rallied last week after the company posted strong same-store sales growth in December that exceeded analyst expectations. Global same-store sales rose 5% over the five-week December period, com…
Nokia (NOK) Bounces Back on Strong Windows Phone 8 Lumia Sales
January 4th, 2013To many market watchers, it’s a miracle that Nokia (NOK: Charts, News) is still trading today. The company, which was once the undisputed leader of the mobile handset market, nearly hit $1 per share in July, before strongly bouncing back 130% to cur…
Hewlett-Packard (HPQ) Declares War on Autonomy
January 3rd, 2013Shares of computing giant Hewlett-Packard (HPQ: Charts, News) slid last week, after the company reported that it was being investigated by the U.S. Department of Justice over allegations that its subsidiary, British software firm Autonomy Corp., had…
Five Stocks to Watch in 2013
January 2nd, 20132013 promises to be an interesting year for stocks. Below are listed five stocks which will figure prominently both in the news and in investor portfolios. Our list includes social media giant Facebook (FB: Charts, News), which had a landmark Initia…
William Ackman Vows to Take Down Herbalife (HLF)
December 28th, 2012Nutritional and weight-loss supplements company Herbalife (HLF: Charts, News) suffered a major setback this week, after Pershing Square Capital CEO William Ackman called the company’s multi-level marketing business model a “pyramid scheme” and state…
Nike (NKE) Rallies on Strong North American Sales
December 27th, 2012Footwear and sports apparel retailer Nike (NKE: Charts, News) rallied sharply last week, after the Beaverton, Oregon-based company reported its second quarter earnings. For its second quarter, Nike reported adjusted earnings of $1.14 per share, or $…
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