Lots more quarterly reports rolled out this past week, and here are some highlights of earnings coverage from BloggingStocks:
- Alcatel-Lucent (NYSE: ALU) reported more losses and more job cuts.
- Alvarion Ltd.'s (NASDAQ: ALVR) record quarter fuels speculation of a Cisco (NYSE: CSCO) buyout.
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Clorox Co. (NYSE: CLX) blamed profit loss on materals costs, and announced acquistion of Burt's Bees.
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Dell Inc. (NASDAQ: DELL) announced it would restate revenues, ahead of its November quarterly report.
- Kellogg Co. (NYSE: K) beat expectations, in part on the strength of international sales.
- Kraft Foods Inc. (NYSE: KFT) citeed dairy costs and investments in its profit decline.
- MasterCard Inc.'s (NYSE: MA) profit soared 63% on cardholder spending in international markets.
- Newmont Mining Corp. (NYSE: NEM) easily beat estimates, sending the share price to a 52-week high.
- Procter & Gamble Co. (NYSE: PG) beat estimates by a penny and had strong sales overseas.
- Radio Shack Corp. (NYSE: RSH) beat expectations on earnings but not revenue.
- R.R. Donnelley & Sons Co. (NYSE: RRD) beat estimates and revised its guidance.
- Sirius Satellite Radio Inc. (NASDAQ: SIRI) reported a smaller-than-expected loss, strong subscriber growth.
- Sprint Nextel Corp. (NYSE: S) stumbled in Q3 on management and merger issues.
- TEVA Pharmaceutical's (NASDAQ: TEVA) strong margins helped it beat expectations by a penny.
- Toshiba Corp.'s (OTC: TOSBF) profit soared due to increased sales of flash memory chips.
- Trump Entertainment Resorts Inc. (NASDAQ: TRMP) announced higher profit on lower costs.
- Under Armour Inc. (NYSE: UA) beat expectations and offered revised guidance.
- U.S. Steel Corp, (NYSE: X) blamed its poor results on acquisitions costs and Chinese imports.
- Verizon Communications (NYSE: VZ) reported a profit loss, based on tax-related charges.
Jim Cramer isn't buying the excuses that Comcast Corp. (NASDAQ: CMCSA) and Coach Inc. (NYSE: COH) offered in their recent quarterly reports. One expert is more impressed with Intel Corp.'s (NASDAQ: INTC) results than with Microsoft Corp.'s (NASDAQ: MSFT). And Zac Bissonnette points to the importance of questioning too-good-to-be-true results.
Upcoming results to watch for include: Archer Daniels Midland Co. (NYSE: ADM), Cisco Systems Inc. (NASDAQ: CSCO), General Motors Corp. (NYSE: GM), Ford Motor Co. (NYSE: F), Time Warner Inc. (NYSE: TWX), News Corp. (NYSE: NWS), Walt Disney Co. (NYSE: DIS), Burger King Holdings Inc. (NYSE: BKC), and Qualcomm Inc. (NASDAQ: QCOM).
Before the bell: Stocks ready to climb on hopes of continued low rates
Why do we have a weak dollar?
Holiday hiring slow for retailers
Reader Comments (Page 1 of 1)
11-05-2007 @ 3:32PM
Barb J said...
It's important to remember the global aspect of Crocs sales. For those who think of Crocs as a fad product, even if they could be considered a fad in the US or in some states, we can't assume the world has the sames tastes and priorities that we do. Also, Crox now has both hybrid Crocs/shoes (my terminology) and real fashion shoes at competetive prices. And I believe they are developing products other than shoes and clothing which are likely to do very well.