The holiday season may have just begun, but the earnings season continues. Here are some highlights of this past week's earnings coverage from BloggingStocks:
- Burger King Holdings (NYSE: BKC) had a solid quarter thanks to breakfasts and media tie-ins.
- Cisco Systems Inc. (NASDAQ: CSCO) beat expectations and reaffirmed its full-year forecast.
- Ford Motor Co. (NYSE: F) reported smaller-than-expected losses, sending share prices up.
- General Motors Corp. (NYSE: GM) posted bigger-than-expected losses and disclosed huge charges.
- Marvel Entertainment Inc. (NYSE: MVL) had a super quarter and raised its guidance.
- News Corp. (NYSE: NWS) beat estimates, in part due to The Simpsons Movie and cable news.
- Nortel Networks Corp. (NYSE: NT) swung to a profit but missed revenue estimates.
- Nvidia Corp. (NASDAQ: NVDA) beat Wall Street estimates but offered no outlook.
- Orbotech Ltd.'s (NASDAQ: ORBK) earnings took a hit, but the CEO has hopes for 2008.
- Playboy Enterprises Inc. (NYSE: PLA) had better-than-expected profits, helped by international TV revenue.
- Priceline.com (NASDAQ: PCLN) beat estimates, spurred by increased bookings, especially in Europe.
- Qualcomm Inc.'s (NASDAQ: QCOM) results failed to impress, its guidance in particular.
- Time Warner Inc. (NYSE: TWX) met earnings estimates and affirmed its full-year forecast. Check out our live blog of the conference call.
- Time Warner Cable Inc. (NYSE:TWC) missed estimates but had record numbers of new subscribers.
- Toyota Motor Corp. (NYSE: TM) saw profit rise on cost cuts and foreign sales.
- Valero Energy Corp. (NYSE: VLO) profits fell on tighter margins, a trend likely to continue into Q4.
- Walt Disney Co. (NYSE: DIS) reported a sold fourth quarter and a profitable year.
Also, Georges Yared ponders the market's nervousness about Crocs Inc. (NASDAQ: CROX) after its solid earnings report, as well as why the Nasdaq took a hit despite the strength of tech stocks, Cisco in particular. And GM's record loss, along with record oil prices and further weakening of the U.S. dollar, contributed to the market plunge on Wednesday.
Upcoming results to watch for include: Home Depot Inc. (NYSE: HD), Wal-Mart Stores Inc. (NYSE: WMT), Starbucks Corp. (NASDAQ: SBUX), and Sears Holdings Corp. (NASDAQ: SHLD).
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