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Here are some highlights from this past week's earnings coverage from BloggingStocks:
- Amazon.com Inc. (NASDAQ: AMZN) profits rose 30%, easily beating analysts' expectations.
- AMETEK Inc. (NYSE: AME) beat Q1 estimates on global strength and recent acquisitions.
- Apple Inc. (NASDAQ: AAPL) easily beat Q2 expectations but offered a weak outlook.
- AT&T Inc. (NYSE: T) posted strong Q1 results thanks to the popularity of the iPhone.
- Baidu.com Inc. (NASDAQ: BIDU) beat earnings and saw an upgrade from Citigroup Inc. (NYSE: C).
- Broadcom Corp. (NASDAQ: BRCM) Q1 profit soared, and it raised its guidance.
- Cymer Inc. (NASDAQ: CYMI) beat Q1 estimates and announced a share million buyback program.
- Electronic Data Systems Inc. (NYSE: EDS) posted Q1 profits on cost cutting and new contracts.
- EMC Corp. (NYSE: EMC) Q1 earnings fell on on acquisition-related charges.
- Hexcel Corp. (NYSE: HXL) beat Q1 estimates on increased commercial aerospace sales.
- Huaneng Power ADS (NYSE: HNP) earnings plunged on coal prices, but the stock went higher.
- Level 3 Communications Inc. (NASDAQ: LVLT) narrowed its loss on higher sales of networking services.
- McAfee Inc. (NYSE: MFE) Q1 profit plunged on product development and marketing costs.
- MEMC Electronic Materials Inc. (NYSE: WFR) missed analysts' estimates for the first quarter.
- Microsoft Corp. (NASDAQ: MSFT) beat earnings expectations and raised its full-year guidance.
- Netflix Inc. (NASDAQ: NFLX) profit soared in the first quarter on increase in subscriptions.
- Nintendo Co. (OTC: NTDOY) posted record results due to the popularity of the Wii system.
- optionsXpress Holdings Inc. (NASDAQ: OXPS) reported solid results in the first quarter.
- Qualcomm Inc. (NASDAQ: QCOM) reported mixed results for the second quarter but raised its guidance.
- Texas Instruments Inc. (NYSE: TXN) Q1 earnings rose 40%, in line with analysts' expectations.
- VMware Inc. (NASDAQ: VMW) posted strong earnings and offered a positive outlook.
- Vocus Inc. (NASDAQ: VOCS) reported its 35th consecutive quarter of revenue growth.
- Yahoo! Inc. (NASDAQ: YHOO) beat Q1 estimates, helping it to face Microsoft.
Also, Jim Cramer discusses "crummy lenders" and Sheldon Liber takes a closer look at Amazon.com's results. Joseph Lazzaro considers Citigroup Inc. (NYSE: C) as a barometer of the economy. One analyst thinks financials may have hit bottom and it may be time to buy, and Jon Ogg looks at what short sellers are making of tech stocks. Ted Allrich discusses what to sell/what to buy.
Upcoming results to watch for include Verizon Communications (NYSE: VZ), Tyson Foods (NYSE: TSN), CBS Corp. (NYSE: CBS), Countrywide Financial (NYSE: CFC), U.S. Steel Corp. (NYSE: X), Office Depot (NYSE: ODP), General Motors (NYSE: GM), Procter & Gamble (NYSE: PG), Kraft Foods (NYSE: KFT), Starbucks (NASDAQ: SBUX), Time Warner (NYSE: TWX), Comcast (NASDAQ: CMCSA), Exxon Mobil (NYSE: XOM), and Chevron (NYSE: CVX).
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