Walmart's New Health Food Push: Is It Too Hard to Swallow?
Bonds Are a 'Safe' Investment: A Big Lie Gets Even BiggerHere are a few highlights from this past week's earnings coverage from BloggingStocks:
- CEC Entertainment Inc. (NYSE: CEC) reported a profit loss and flat revenue for the fourth quarter.
- Darden Restaurants Inc. (NYSE: DRI) raised its third-quarter and full-year earnings forecasts.
- Forward Air Corp. (NASDAQ: FWRD) beat earnings estimates and offered guidance.
- General Mills Inc. (NYSE: GIS) raised its 2008 and 2010 earnings forecasts on strong sales.
- Hewlett-Packard Co. (NASDAQ: HPQ) reported better-than-expected earnings and offered bullish guidance.
- Intuit Inc. (NASDAQ: INTU) second-quarter profits fell and it offered meager guidance.
- JC Penney Inc. (NYSE: JCP) reported a smaller-than-expected profit decline for the fourth quarter.
- Medtronic Inc. (NYSE: MDT) third-quarter profit and revenue beat analysts' expectations.
- OfficeMax Inc. (NYSE: OMX) easily beat fourth-quarter earnings expectations on lower costs.
- TJX Companies Inc. (NYSE: TJX) fourth-quarter profit beat estimates and helped raise the retail outlook.
- Whole Foods Market Inc. (NASDAQ: WFMI) earnings were dragged down by the Wild Oats acquistion.
Also, Douglas McIntyre examines how a slowdown in orders is likely to affect the earnings of Airbus and Boeing Co. (NYSE: BA), and Brian White looks at how HP might "do better" for the rest of this year.
Upcoming results to watch for include Lowes Companies Inc. (NYSE: LOW), Office Depot Inc. (NYSE: ODP), Home Depot Inc. (NYSE: HD), AutoZone Inc. (NYSE: AZO), Viacom Inc. (NYSE: VIA), and Freddie Mac (NYSE: FRE).
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