Here are some highlights from this past week's earnings coverage from BloggingStocks:
- American International Group Inc. (NYS: AIG) posted a record loss even as it asks for more taxpayer funds.
- AnnTaylor Stores Corp. (NYSE: ANN) shares sank after it missed Q4 expectations by a wide margin.
- AutoZone Inc. (NYSE: AZO) reported strong Q2 results, sending shares upward toward its 52-week high.
- Big Lots Inc. (NYSE: BIG) shares soared after it reported better-than-expected numbers for Q4.
- Chico's FAS Inc. (NYSE: CHS) Q4 loss widened on impairment charges and severance costs.
- Hewlett-Packard Corp. (NYSE: HPQ) warned that coming quarters wouldn't be better than its Q1 results.
- Live Nation Inc. (NYSE: LYV) Q4 results included write-downs related to a decline in market capitalization.
- MBIA Inc. (NYSE: MBI) narrowed its net loss in Q4 but still struggles with mortgage-related challenges.
- ReneSola Ltd. (NYSE: SOL) warned that Q4 earnings would swing to a loss due to pressure on margins.
- TiVo Inc. (NASDAQ: TIVO) reported a Q4 loss and a greater-than-expected decline in its revenue.
- Urban Outfitters Inc. (NASDAQ: URBN) Q4 revenue rose but earnings fell short of expectations.
- Xilinx Inc. (NASDAQ: XLNX) said it expects revenue to fall less than it had previously predicted.
For more highlights from this week, see Berkshire Hathaway, Blackstone, Costco, Toll Bros. and more.
Upcoming earnings releases include J. Crew (NYSE: JCG), Boston Beer (NYSE: SAM), Dick's Sporting Goods (NYSE: DKS), Hovnanian (NYSE: HOV), Take-Two Interactive (NASDAQ: TTWO), Kroger (NYSE: KR), American Eagle Outfitters (NYSE: AEO), Diamond Foods (NASDAQ: DMND), Hot Topic (NASDAQ: HOTT), Men's Warehouse (NYSE: MW), National Semiconductor (NYSE: NSM), Staples (NASDAQ: SPLS), Aeropostale (NYSE: ARO), IMAX (NASDAQ: IMAX), Jones Soda (NASDAQ: JSDA).
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Reader Comments (Page 1 of 1)
3-07-2009 @ 5:33PM
JCH said...
The press emphasizes that AIG got an additional 30 billion (actually it is available to them, but right now the 30 billion is still in the hands of the USA).
What the public is unaware of - it's not explained in most press reports - is that the USA essentially took ownership of two of AIGs better insurance groups. They alone could fetch more than the 30 billion, and AIG would still owe a part of the 30 billion.
IMO, the 30 billion-dollar deal was a good one for taxpayers. A very good one.
3-10-2009 @ 11:37AM
Kevin said...
People are fixing cars rather than buying new ones and that is why autozone is doing so well. When times are tougher auto parts places do better.
-Kevin