Over the past twelve months, shares of tobacco giant Philip Morris (PM: Charts, News, Offers) have rallied over 33%, owing to its unstoppable popularity in emerging markets despite new smoking bans in various countries. The company, which was spun o…
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Philip Morris (PM) is Still Smoking Hot
February 28th, 2012Deckers (DECK) Collapses 11% on Weak Guidance
February 27th, 2012Shares of footwear manufacturer Deckers (DECK: Charts, News, Offers) were severely punished at the end of last week after the company revised its first quarter guidance substantially downwards. For the company’s first quarter, it now expects earning…
Hewlett-Packard (HPQ) Posts a 44% Decline in Profit
February 24th, 2012Troubled tech titan Hewlett-Packard (HPQ: Charts, News, Offers) posted disappointing first quarter earnings on Thursday, missing already lowered Wall Street expectations. The company posted earnings of 73 cents per share, or $1.47 billion, on revenu…
Heinz (HNZ) Posts Strong and Steady Growth from Emerging Markets
February 23rd, 2012Last Friday, food products giant H.J. Heinz (HNZ: Charts, News, Offers) posted strong third quarter earnings that topped Wall Street estimates. Heinz posted GAAP-adjusted earnings of 88 cents per share, a 4.8% improvement over the prior year quarter…
Wal-Mart (WMT) Stock Loses Ground After Fourth Quarter Earnings Report
February 22nd, 2012Shares of Wal-Mart Stores, Inc. (WMT: Charts, News, Offers) fell by -$2.41 or 3.86 percent to close at $60.07 per share on Tuesday after the company reported slightly worse than expected diluted earnings per share of $1.44 in its fourth quarter. Thi…
General Motors (GM) Rallies on Record Profit of $7.6 Billion
February 21st, 2012Shares of General Motors (GM: Charts, News, Offers), the formerly bankrupt auto giant, posted its biggest profit ever last Thursday. The company, which went public over a year ago after a controversial government bailout, posted fourth quarter earni…
Kellogg (K) Acquires Pringles for $2.7 Billion
February 17th, 2012This week, food giant Kellogg (K: Charts, News, Offers) acquired the iconic Pringles potato crisp brand from Procter & Gamble (PG: Charts, News, Offers) for $2.7 billion. The acquisition was completed announced after a proposed $1.5 billion offer fr…
2012 Could Be a Bad Year for Goodyear (GT)
February 16th, 2012This week, tire manufacturer Goodyear (GT: Charts, News, Offers) reported strong fourth quarter earnings, with a profit of 7 cents per share, or $18 million, on revenue of $5.7 billion. This was a vast improvement over the loss of 73 cents per share…
IMAX (IMAX) Stock Up After Deal With China
February 15th, 2012Shares of IMAX Corporation (IMAX: Charts, News, Offers) closed up +2.46 or +11 percent to $24.53 per share on Tuesday, after the company reported that it had agreed to install four new digital IMAX theater systems in China. The Mississauga, Ontario-…
Activision Blizzard (ATVI) Beats the Street, But Weak Guidance Sinks Shares
February 14th, 2012Activision Blizzard (ATVI: Charts, News, Offers), the largest video game publisher in the world, beat Wall Street estimates with stronger-than-expected earnings and revenue last week. The company posted non-GAAP adjusted earnings of 62 cents per sha…
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