Here are some highlights from this past week's earnings coverage from BloggingStocks:
- Archer Daniels Midland Co. (NYSE: ADM) easily beat Q1 estimates due in part to higher prices.
- Bankrate Inc. (NASDAQ: RATE) posted strong Q3 numbers due in part to financial market volatility.
- Berkshire Hathaway Inc. (NYSE: BRK.A) Q3 results were hurt by derivatives loss and hurricane damage.
- Blackstone Group (NYSE: BX) had a brutal Q3 due to writedowns and a scarcity of deals.
- BMW Q3 earnings tumbled due to slower vehicle sales brought on by the economic downturn.
- Dean Foods Co. (NYSE: DF) fell short of Q3 estimates but reaffirmed its full-year guidance.
- Ford Motor Corp. (NYSE: F) reported a modest Q3 loss and a quickly dwindling stockpile of cash.
- Goldman Sachs Group (NYSE: GS) first-ever quarterly loss is predicted by at least one analyst.
- Kenexa Corp. (NASDAQ: KNXA) was downgraded by one analyst following its Q3 report.
- MasterCard Inc. (NYSE: MA) easily beat analysts' Q3 projections, sending shares soaring.
- Move Inc. (NASDAQ: MOVE) reported solid Q3 results on cost cutting and website revamp.
- Potash Corp. of Saskatchewan (NYSE: POT) price-target cuts since its Q3 earings report continue.
- Sprint Nextel Corp. (NYSE: S) broke even in Q3, but Wall Street had been expected a modest profit.
- Toyota Motor Corp. (NYSE: TM) net profit plunged due to the economic slump and strength of yen.
- Walt Disney Co. (NYSE: DIS) fell short of Q4 expectations despite popular High School Musical.
- World Wrestling Entertainment Inc. (NYSE: WWE) Q3 profits tumbled and revenues were flat.
Also, our Obama Picks include companies whose earnings could benefit from the outcome of the presidential election.
For more earnings highlights from this week, see GM, Time Warner, Cisco, News Corp., Viacom, Revlon and others.
Upcoming quarterly reports include AIG (NYSE: AIG), Starbucks (NASDAQ: SBUX), Tyson (NYSE: TSN), Microsoft (NASDAQ: MSFT), Applied Materials (NASDAQ: AMAT), Macy's (NYSE: M), Dr Pepper (NYSE: DPS), Kohl's (NYSE: KSS), Wal-Mart (NYSE: WMT), JCPenney (NYSE: JCP).
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Reader Comments (Page 1 of 1)
11-08-2008 @ 9:09PM
leofox said...
Buffet sure is loosing on GS
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11-08-2008 @ 10:08PM
Janet Cangialosi said...
OK enough already with all the requests for bailouts. Why are we the taxpayers being asked AGAIN to bail out financially companies that have been mismanaged. Why should we bailout all these banks, insurance companies now automakers. All I want to know is WHO WILL BAIL ME OUT, if I am loosing my house will the government come with some money to help me, NO why should we help companies whose CEO's bailout on them after they have secured millions why should we bailout companies that have been so poorly managed they don't even know how much they do owe. If I can't balance my check book no one comes to help me, I don't want to hear it's for the sake of the AMERICAN ECONOMY, perhaps if they stopped and learned that making a better product is much wiser then making more profits things would change, stop rewarding these companies and try bailing out the taxpayer that is having difficulty, if I owe IRS money they would do anything to get their money,I'mtired of helping out large companies that refuse to help themselves and think only of profit and screw the public.