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Bonds Are a 'Safe' Investment: A Big Lie Gets Even BiggerHere are some highlights from this past week's earnings coverage from BloggingStocks:
- Bed Bath & Beyond Inc. (NASDAQ: BBBY) Q1 earnings tumbled while revenues rose.
- Casella Waste Systems Inc. (NASDAQ: CWST) posted a narrower-than-expected Q4 loss.
- CKE Restaurants Inc. (NYSE: CKR) Q1 earnings increased but its revenue slipped.
- Darden Restaurants Inc. (NYSE: DRI) swung to a Q4 profit on strong sales at Olive Garden.
- Ericsson (NASDAQ: ERIC) said it might not see Q2 profit growth on lower demand and shipping delays.
- General Mills Inc. (NYSE: GIS) Q4 earnings declined but were in line with expectations.
- Gerber Scientific Inc. (NYSE: GRB) reported solid Q4 and full-year results that pleased investors.
- IHS Inc. (NYSE: IHS) beat Q2 expectations and posted record quarterly cash flow from operations.
- Jabil Circuit Inc. (NYSE: JBL) stronger-than-expected Q3 results led to an analyst's upgrade.
- KB Home (NYSE: KBH) widened its Q2 loss due to weak sales and falling prices.
- Kroger Co. (NYSE: KR) beat Q1 expectations as consumers sought discounts on food and gas.
- Monsanto Co. (NYSE: MON) beat Q3 earnings estimates but fell short of revenue estimates.
- Nike Inc. (NYSE: NKE) posted better-than-expected Q4 results boosted by international strength.
- Oracle Corp. (NASDAQ: ORCL) posted strong Q4 results that topped analysts' expectations (see transcript).
- Palm Inc. (NASDAQ: PALM) posted dismal results as revenue fell despite higher sales volume.
- Red Hat Inc. (NYSE: RHT) Q1 revenues soared as results beat Wall Street expectations.
- Research in Motion Ltd. (NASDAQ: RIMM) posted disappointing results and lackluster guidance (transcript).
- Rite-Aid Corp. (NYSE: RAD) swung ot a larger-than-expected Q1 loss on integration difficulties.
- Sonic Corp. (NASDAQ: SONC) earnings warning took shares to a new 52-week low.
- Symmetry Medical Inc. (NYSE: SMA) beat Q1 estimates on increased demand and acquisitions.
- United Parcel Serivce (NYSE: UPS) cut its earnings forecast due to rising fuel prices and less demand.
- Walgreen Co. (NYSE: WAG) posted sluggish Q3 results despite cost-cutting measures.
Also, do the results from Oracle, Research in Motion, and Red Hat point to a bottom for tech stocks? Will Google's (NASDAQ: GOOG) new CFO be more likely to provide the guidance that analysts crave?
Upcoming results to watch for include H&R Block (NYSE: HRB), Constellation Brands (NYSE: STZ), Apollo Group (NASDAQ: APOL), Family Dollar (NYSE: FDO), WD-40 (NASDAQ: WDFC), and Berkshire Hathaway (NYSE: BRK.A).
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