Here are some highlights from this past week's earnings coverage from BloggingStocks:
- Abbott Laboratories Inc. (NYSE: ABT) first-quarter profit soared on overseas demand for Humira.
- Advanced Micro Devices Inc. (NYSE: AMD) posted a bigger-than-expected loss, its sixth straight.
- Coca-Cola Co. (NYSE: KO) posted better-than-expected first-quarter results on strength overseas.
- CSX Corp. (NYSE: CSX) first-quarter profit soared on strong demand for grain, ethanol, and coal.
- eBay Inc. (NASDAQ: EBAY) beat first-quarter expectations but the outlook was uninspiring.
- Google Inc. (NASDAQ: GOOG) first-quarter profit soared 42%, beating Wall Street estimates.
- Intel Corp. (NASDAQ: INTC) first-quarter earnings slipped but exceeded expectations.
- Intuitive Surgical Inc. (NASDAQ: ISRG) beat first-quarter estimates and offered a disappointing outlook.
- J.B. Hunt Transport Services Inc. (NASDAQ: JBHT) missed first-quarter estimates on rising fuel prices.
- Nokia Corp. (NYSE: NOK) first-quarter profit missed expectations and it warned of a coming decline.
- Pfizer Inc. (NYSE: PFE) first-quarter profits fell and missed analysts' expectations.
- Reliance Steel & Aluminum Co. (NYSE: RS) lowered its second-quarter outlook.
- Royal Philips Electronics posted a bigger-than-expected fall in profit on weak North America TV sales.
- Wolverine World Wide Inc. (NYSE: WWW) beat earnings estimates but shareholders were not impressed.
- Xerox Corp. (NYSE: XRX) posted a first-quarter loss that matched analysts' estimates.
Also, Jim Cramer doesn't think General Electric (NYSE: GE) is the bellwhether some take it for. Goldman Sachs (NYSE: GS) is pessimistic about this earnings season. And here's a look at some companies that reported this week that could bounce back after the recession, as well as earnings expectations for "barometer" companies reporting next week.
Upcoming results to watch for include Bank of America (NYSE: BAC), Halliburton (NYSE: HAL), Merck (NYSE: MRK) Texas Instruments (NYSE: TXN), AT&T (NYSE: T), DuPont (NYSE: DD), Yahoo! (NASDAQ: YHOO), Amazon.com (NASDAQ: AMZN), Apple Inc. (NASDAQ: AAPL), Qualcomm (NASDAQ: QCOM), Boeing (NYSE: BA), UPS (NYSE: UPS), 3M (NYSE: MMM), PepsiCo (NYSE: PEP), Microsoft (NASDAQ: MSFT), Motorola (NYSE: MOT), and McDonald's (NYSE: MCD).
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Reader Comments (Page 1 of 1)
4-21-2008 @ 5:49AM
Dan Barnett said...
There (They're)?
By my count there are 36 companies mentioned in the post. To whom does Jack refer?
4-22-2008 @ 10:54AM
jack said...
There books are cooked.
That's because they have a secret.
Every so often they have computer glitches with advertiser's accounts.
The glitches cause the accounts to run without stopping.
Some accounts were ran up to $75,000.00
They would do nothing about it.
This happened to a friend of mine 5 times. Multiply that by the millions of accounts they must have. That would make their books show billions in " receivables".
They then try to hold company's hostage by turning off their account, turning off the account of the company that host's the site, and then also turning off the accounts of the client's of the hosting company.
It's all a sham. That stock should be no less than Yahoo's.
signed
Whistleblower