BloggingStocks http://www.bloggingstocks.com BloggingStocks http://www.blogsmithmedia.com/www.bloggingstocks.com/media/feedlogo.gif BloggingStocks http://www.bloggingstocks.com en-us Copyright 2009 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/<![CDATA[Third quarter earnings preview for Tiffany]]>http://www.bloggingstocks.com/2009/11/24/third-quarter-earnings-preview-for-tiffany-tif/http://www.bloggingstocks.com/2009/11/24/third-quarter-earnings-preview-for-tiffany-tif/http://www.bloggingstocks.com/2009/11/24/third-quarter-earnings-preview-for-tiffany-tif/#commentsFiled under: , , , , ,

tiffany TIF third quarter earnings previewBefore tomorrow's open, jewelry retailer Tiffany & Co. (TIF) will be reporting its third quarter results. Analysts are expecting to see the company show earnings of 23 cents per share.

For the same period last year the company had earnings of 35 cents.

Continue reading Third quarter earnings preview for Tiffany

Third quarter earnings preview for Tiffany originally appeared on BloggingStocks on Tue, 24 Nov 2009 17:40:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>analystsDavid A. SchickDavidA.Schickdiscretionaryspendingearningsearnings previewEarningsPreviewjewelryretailersStifel NicolausStifelNicolausTIFtiffanytiffanyandcoTue, 24 Nov 2009 17:40:00 EST<![CDATA[Dell sells off hard after hours, following weak third quarter earnings]]>http://www.bloggingstocks.com/2009/11/20/dell-sells-off-hard-after-hours-following-weak-third-quarter-ea/http://www.bloggingstocks.com/2009/11/20/dell-sells-off-hard-after-hours-following-weak-third-quarter-ea/http://www.bloggingstocks.com/2009/11/20/dell-sells-off-hard-after-hours-following-weak-third-quarter-ea/#commentsFiled under: , , , , , , ,

dell third quarter earnings reportAfter-hours traders punished Dell (DELL) stock Thursday, following a weak third quarter earnings report from the technology giant.

Going into the afternoon earnings release, analysts had been expecting to see the company show earnings of 28 cents per share. Actual earnings came in much lower at 23 cents per share.

Continue reading Dell sells off hard after hours, following weak third quarter earnings

Dell sells off hard after hours, following weak third quarter earnings originally appeared on BloggingStocks on Fri, 20 Nov 2009 08:20:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>computersDellearningsHewlett PackardHewlettPackardHPQinthenewsrecessiontechFri, 20 Nov 2009 08:20:00 EST<![CDATA[Applied Materials (AMAT) tops analyst estimates]]>http://www.bloggingstocks.com/2009/11/11/applied-materials-amat-tops-analyst-estimates/http://www.bloggingstocks.com/2009/11/11/applied-materials-amat-tops-analyst-estimates/http://www.bloggingstocks.com/2009/11/11/applied-materials-amat-tops-analyst-estimates/#commentsFiled under: , , , , , , , ,

Applied Materials Q4 EarningsSemiconductor maker Applied Materials (AMAT) reported its fiscal fourth quarter numbers this afternoon following the market close, and the company easily outpaced analyst estimates.

Going into this afternoon's earnings report, analysts had been expecting to see the company show earnings of 3 cents per share, but the company surprised to the upside by posting actual Q4 earnings of 13 cents.

Continue reading Applied Materials (AMAT) tops analyst estimates

Applied Materials (AMAT) tops analyst estimates originally appeared on BloggingStocks on Wed, 11 Nov 2009 18:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>after hoursAMATapplied materialsearningsforecastgood newsinthenewsrecessionrecoverytechWed, 11 Nov 2009 18:00:00 EST<![CDATA[Starbucks reports better than expected fourth quarter earnings]]>http://www.bloggingstocks.com/2009/11/05/starbucks-reports-better-than-expected-fourth-quarter-earnings/http://www.bloggingstocks.com/2009/11/05/starbucks-reports-better-than-expected-fourth-quarter-earnings/http://www.bloggingstocks.com/2009/11/05/starbucks-reports-better-than-expected-fourth-quarter-earnings/#commentsFiled under: , , , , ,

Starbucks Earnings ReportShares of Starbucks (NASDAQ: SBUX) are trading up in after hours trading today after the company posted strong Q4 earnings numbers after the market close.

As we noted in our earnings preview, the company was expected to show earnings for the quarter of 21 cents per share on $2.39 billion in revenues. The actual numbers came in at 24 cents per share with revenues of $2.4 billion.

Continue reading Starbucks reports better than expected fourth quarter earnings

Starbucks reports better than expected fourth quarter earnings originally appeared on BloggingStocks on Thu, 05 Nov 2009 17:40:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>after hoursAfterHourscoffeeearningsfeaturedgood newsGoodNewsSBUXStarbucksThu, 05 Nov 2009 17:40:00 EST<![CDATA[Cisco posts strong Q1 earnings]]>http://www.bloggingstocks.com/2009/11/04/cisco-csco-posts-strong-q1-earnings/http://www.bloggingstocks.com/2009/11/04/cisco-csco-posts-strong-q1-earnings/http://www.bloggingstocks.com/2009/11/04/cisco-csco-posts-strong-q1-earnings/#commentsFiled under: , , , , , ,

cisco first quarter earningsFollowing today's market close, technology giant Cisco Systems (NASDAQ: CSCO) had its chance to impress Wall Street with its fiscal first quarter results, and the company did not disappoint.

Going into this afternoon's earnings report, analysts had been expecting to see the company show earnings of 31 cents per share, but the company surprised to the upside by posting actual earnings of 36 cents per share for its fiscal first quarter. For the same period last year the company had earnings of 42 cents per share.

Continue reading Cisco posts strong Q1 earnings

Cisco posts strong Q1 earnings originally appeared on BloggingStocks on Wed, 04 Nov 2009 18:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>after hoursCiscoCSCOearningsfeaturedforecastinthenewstechnologytradingWed, 04 Nov 2009 18:00:00 EST<![CDATA[Ford (F) posts surprising profit for its third quarter]]>http://www.bloggingstocks.com/2009/11/02/ford-f-posts-surprising-profit-for-its-third-quarter/http://www.bloggingstocks.com/2009/11/02/ford-f-posts-surprising-profit-for-its-third-quarter/http://www.bloggingstocks.com/2009/11/02/ford-f-posts-surprising-profit-for-its-third-quarter/#commentsFiled under: , , , ,

American auto maker Ford Motor (NYSE: F) gave investors a reason to smile this morning when it posted a surprising $1 billion profit for its third quarter.

Going into this morning's earnings release, analysts had expected to see the Dearborn, Michigan-based auto manufacturer to lose 12 cents per share. But Ford had other ideas, posting a profit of 29 cents per share, or $997 million.

Continue reading Ford (F) posts surprising profit for its third quarter

Ford (F) posts surprising profit for its third quarter originally appeared on BloggingStocks on Mon, 02 Nov 2009 08:20:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>auto makersAutoMakerscarscash for clunkersCashForClunkersDearbornearningsFfeaturedFordMon, 02 Nov 2009 08:20:00 EST<![CDATA[Chevron's third quarter earnings preview]]>http://www.bloggingstocks.com/2009/10/29/chevrons-third-quarter-earnings-preview/http://www.bloggingstocks.com/2009/10/29/chevrons-third-quarter-earnings-preview/http://www.bloggingstocks.com/2009/10/29/chevrons-third-quarter-earnings-preview/#commentsFiled under: , , , , ,

Chevron earnings previewOil giant Chevron Corp. (NYSE: CVX) will get its chance to impress Wall Street before the market opens Friday when it reports its third quarter results.

The last time the company reported earnings was back in July when it was unable to meet analyst estimates by posting 87 cents per share verse estimates for 95 cents. Traders seem optimistic that the company will meet expectations this time around and are driving the stock up 2.5% in today's trading.

Continue reading Chevron's third quarter earnings preview

Chevron's third quarter earnings preview originally appeared on BloggingStocks on Thu, 29 Oct 2009 17:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>ChevronCVXearningsearnings previewEarningsPreviewExxon MobilExxonMobilgasolineoilXOMThu, 29 Oct 2009 17:30:00 EST<![CDATA[Verizon (VZ) takes aim at the iPhone]]>http://www.bloggingstocks.com/2009/10/28/verizon-vz-takes-aim-at-the-iphone/http://www.bloggingstocks.com/2009/10/28/verizon-vz-takes-aim-at-the-iphone/http://www.bloggingstocks.com/2009/10/28/verizon-vz-takes-aim-at-the-iphone/#commentsFiled under: , , , , ,

motorola droidEver since Apple Computer (NASDAQ: AAPL) introduced the iPhone to the world, other cell phone companies have been working hard to compete. Verizon (NYSE: VZ) is hoping to find success with the Motorola Droid, which will come with a $199 price tag.

The phone will be running on Google's Android operating system, and could be a serious contender against the iPhone, and while most people knew this phone was coming, the real news is that it will start to be sold next week at Verizon's across the nation.

Continue reading Verizon (VZ) takes aim at the iPhone

Verizon (VZ) takes aim at the iPhone originally appeared on BloggingStocks on Wed, 28 Oct 2009 15:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>AAPLApplecell marketCellMarketDroidiPhoneMOTMotorolaphonesproduct launchProductLaunchVerizonVZWed, 28 Oct 2009 15:00:00 EST<![CDATA[Caterpillar announces plans to rehire 550 workers]]>http://www.bloggingstocks.com/2009/10/26/caterpillar-announces-plans-to-rehire-550-workers/http://www.bloggingstocks.com/2009/10/26/caterpillar-announces-plans-to-rehire-550-workers/http://www.bloggingstocks.com/2009/10/26/caterpillar-announces-plans-to-rehire-550-workers/#commentsFiled under: , , , ,

cat workersThere is no question that the recession took its tool on Caterpillar Inc. (NYSE: CAT). The company saw its stock plummet from mid 2008 through March of this year. Along the way the company was forced to layoff employees to help lower costs, but it announced today that it would be rehiring 550 of its laid off workers.

Chief Executive Officer Jim Owens announced the news and stated that the company was pleased that "signs of recovery in the global economy" is allowing it to bring back some employees.

Continue reading Caterpillar announces plans to rehire 550 workers

Caterpillar announces plans to rehire 550 workers originally appeared on BloggingStocks on Mon, 26 Oct 2009 16:45:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>CATCaterpillaremployeesjobsmachineryrecessionrecoveryunemploymentworkersMon, 26 Oct 2009 16:45:00 EST<![CDATA[Housing starts rose in September, but applications for new construction fell]]>http://www.bloggingstocks.com/2009/10/20/housing-starts-rose-in-september-but-applications-for-new-const/http://www.bloggingstocks.com/2009/10/20/housing-starts-rose-in-september-but-applications-for-new-const/http://www.bloggingstocks.com/2009/10/20/housing-starts-rose-in-september-but-applications-for-new-const/#commentsFiled under: , , ,

housing marketThe Commerce Department reported Tuesday that housing starts rose a bit in September, helped by a rise in single-family home construction, but this bit of good news came with some bad news that applications for new home construction were down in the month.

According to the report, construction of new homes and apartments rose by 0.5% in the month, to an annualized rate of 590,000 units. While any growth for housing starts comes as good news in the current market, it is not as good as it appears at first glance, considering that analysts had been expecting to see the annualized rate increase to 610,000 units.

Continue reading Housing starts rose in September, but applications for new construction fell

Housing starts rose in September, but applications for new construction fell originally appeared on BloggingStocks on Tue, 20 Oct 2009 12:40:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>buildingcommerce departmentconstructionhomeshousinginthenewsjobspermitsrecessiontax incentiveunemploymentTue, 20 Oct 2009 12:40:00 EST<![CDATA[Coca-Cola (KO) beats earnings estimates, but revenues fall short]]>http://www.bloggingstocks.com/2009/10/20/coca-cola-ko-beats-earnings-estimates-but-revenues-fall-short/http://www.bloggingstocks.com/2009/10/20/coca-cola-ko-beats-earnings-estimates-but-revenues-fall-short/http://www.bloggingstocks.com/2009/10/20/coca-cola-ko-beats-earnings-estimates-but-revenues-fall-short/#commentsFiled under: , , , ,

coca-cola third quarter earningsSoft drink giant Coca-Cola Co. (NYSE: KO) reported its third quarter numbers this morning, and managed to beat out analyst estimates, but shares are still selling off in early morning trading.

The reason why the market is punishing the stock is because its revenues were softer than analysts had been expecting to see. For the quarter, revenues came in at $8.04 billion, which was shy of the $8.11 billion that Wall Street was expecting to see from the company.

Continue reading Coca-Cola (KO) beats earnings estimates, but revenues fall short

Coca-Cola (KO) beats earnings estimates, but revenues fall short originally appeared on BloggingStocks on Tue, 20 Oct 2009 10:20:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>ChinaCoca-Colacokeearningsearnings reportsfeaturedforecastsIndiainthenewsKOsoft drinksTue, 20 Oct 2009 10:20:00 EST<![CDATA[Coca-Cola third quarter earnings preview]]>http://www.bloggingstocks.com/2009/10/19/coca-cola-third-quarter-earnings-preview/http://www.bloggingstocks.com/2009/10/19/coca-cola-third-quarter-earnings-preview/http://www.bloggingstocks.com/2009/10/19/coca-cola-third-quarter-earnings-preview/#commentsFiled under: , , , , , , , ,

coca cola earnings previewSoft drink giant The Coca-Cola Company (NYSE: KO) will be reporting its third quarter numbers tomorrow before the market opens.

The last time that Coca-Cola reported earnings was back in July when the company beat out analyst estimates by 3 pennies with a reported 92 cents per share. For the third quarter, analysts are expecting to the see the company show earnings of 81 cents per share.

Continue reading Coca-Cola third quarter earnings preview

Coca-Cola third quarter earnings preview originally appeared on BloggingStocks on Mon, 19 Oct 2009 18:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>Coca-ColaCokedrinksearningsearnings previewEarningsPreviewestimatesfeaturedjuicesKOPEPPepsisoft drinksSoftDrinksUBSMon, 19 Oct 2009 18:00:00 EST<![CDATA[Some big names setting new highs today: STAR, GG, PIR, EBAY]]>http://www.bloggingstocks.com/2009/10/13/some-big-names-setting-new-highs-today-star-gg-pir-ebay/http://www.bloggingstocks.com/2009/10/13/some-big-names-setting-new-highs-today-star-gg-pir-ebay/http://www.bloggingstocks.com/2009/10/13/some-big-names-setting-new-highs-today-star-gg-pir-ebay/#commentsFiled under: , , , , , , , , , ,

new 52 week highsWe had a lot of big names trading up to new 52 week highs again today. The overall markets were pretty flat, with the DOW closing the day down 0.14%, the NASDAQ closing the day's trading up 0.04%, and the S&P ending the day a bit lower to finish today's trading down 0.28%.

Here are a few of the names that moved higher during the day to set new 52 week highs.

Continue reading Some big names setting new highs today: STAR, GG, PIR, EBAY

Some big names setting new highs today: STAR, GG, PIR, EBAY originally appeared on BloggingStocks on Tue, 13 Oct 2009 17:45:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>52 week highs52WeekHighsCisco SystemsCiscoSystemsdollardrugsebayGGgoldGoldcorpGoldman SachsGoldmanSachsGSHALHalliburtonINTCIntelJEFJefferiesMMacysnew highsNewHighsPier 1Pier1PIRretailersSchering PloughScheringPloughSCSOSGPSTARStarentTue, 13 Oct 2009 17:45:00 EST<![CDATA[Gold soars as dollar continues to weaken]]>http://www.bloggingstocks.com/2009/10/13/gold-soars-as-dollar-continues-to-weaken/http://www.bloggingstocks.com/2009/10/13/gold-soars-as-dollar-continues-to-weaken/http://www.bloggingstocks.com/2009/10/13/gold-soars-as-dollar-continues-to-weaken/#commentsFiled under: , , , , ,

gold pricesThe U.S. dollar continued to decline today, and has helped push gold prices up sharply in today's action.

The dollar has been very weak lately, and as more concern mounts of the dollar's strength more investors are rushing into the precious metal, which traded up as high as $1,069.70 today, and is currently up $1.70 an ounce to $1,059.20.

Continue reading Gold soars as dollar continues to weaken

Gold soars as dollar continues to weaken originally appeared on BloggingStocks on Tue, 13 Oct 2009 13:50:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>commoditiesdebtdollareurofederal reserveFederalReservegoldgold pricesGoldPricesinterest ratesInterestRatesinthenewsobamaoilrecessionspendingTue, 13 Oct 2009 13:50:00 EST<![CDATA[While others are cutting back, Disney is spending]]>http://www.bloggingstocks.com/2009/10/13/while-others-are-cutting-back-disney-is-spending/http://www.bloggingstocks.com/2009/10/13/while-others-are-cutting-back-disney-is-spending/http://www.bloggingstocks.com/2009/10/13/while-others-are-cutting-back-disney-is-spending/#commentsFiled under: , , , , ,

disney storesIn the current economic environment, a lot of companies are cutting back costs wherever they can in hopes of boosting earnings, but entertainment giant Walt Disney (NYSE: DIS) is taking a different approach and spending in hopes of boosting its sales.

Disney is hoping that by completely revamping its retail stores that it will be able to lure in more customers, keep them longer, and encourage more sales. In order to make the best of their new marketing direction, they have enlisted the aid of one of the greatest (in my opinion) retail designers out there, Steve Jobs.

Continue reading While others are cutting back, Disney is spending

While others are cutting back, Disney is spending originally appeared on BloggingStocks on Tue, 13 Oct 2009 12:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>AAPLamusement parksapplecompetitive strategyDISdisney storesexpansionfeaturedinthenewskidsretailshoppingsteve jobstoyswalt disneyTue, 13 Oct 2009 12:30:00 EST<![CDATA[Johnson & Johnson (JNJ) posts disappointing revenue numbers]]>http://www.bloggingstocks.com/2009/10/13/johnson-and-johnson-jnj-posts-disappointing-revenue-numbers/http://www.bloggingstocks.com/2009/10/13/johnson-and-johnson-jnj-posts-disappointing-revenue-numbers/http://www.bloggingstocks.com/2009/10/13/johnson-and-johnson-jnj-posts-disappointing-revenue-numbers/#commentsFiled under: , , , , , , , ,

Johnson & Johnson (NYSE: JNJ) reported its third quarter figures this morning, and while the company managed to post better than expected earnings, its revenues were lower than analysts had expected.

Going into this morning's earnings report analysts had estimated J&J would earn $1.13 per share in the third quarter. The company was able to put up better than expected earnings results, saying it earned $1.20 per share in the quarter. But revenues disappointed. Analysts had forecast the company's revenues would be $15.22 billion in the quarter, but actual revenues were below estimates at $15.08 billion.

Continue reading Johnson & Johnson (JNJ) posts disappointing revenue numbers

Johnson & Johnson (JNJ) posts disappointing revenue numbers originally appeared on BloggingStocks on Tue, 13 Oct 2009 10:10:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>bad earningsBadEarningsearningsfeaturedJNJjohnson and johnsonJohnsonAndJohnsonpharmaceuticalsrevenuesTue, 13 Oct 2009 10:10:00 EST<![CDATA[Some big names setting new highs: INTC, STX, SGP]]>http://www.bloggingstocks.com/2009/10/12/some-big-names-setting-new-highs-intc-stx-sgp/http://www.bloggingstocks.com/2009/10/12/some-big-names-setting-new-highs-intc-stx-sgp/http://www.bloggingstocks.com/2009/10/12/some-big-names-setting-new-highs-intc-stx-sgp/#commentsFiled under: , , , , , , , , , , ,

new 52 week highsThe markets had a relatively flat day to start the week, but there were some big name stocks that traded up to new 52 week highs in today's session. The DOW was up 0.2%, NASDAQ was down 0.01%, while the S&P saw the most change, closing up 0.4%.

Here are a couple of the bigger names that traded up to new 52 week highs in today's trading.

  • Intel Corporation (NASDAQ: INTC): Chipmaker Intel Corp. traded up to a new 52 week high today of $20.65. It set its 52 week low of $12.05 back on 2/23/09. The stock is trading higher today ahead of the company's third quarter earnings numbers, which are due out tomorrow following the market close. Analysts are expecting the company to show earnings of 27 cents per share. The company reported a loss of 7 cents per share for its second quarter. The stock closed the day up 1.1% at $20.40, up $0.23 on the day.

Continue reading Some big names setting new highs: INTC, STX, SGP

Some big names setting new highs: INTC, STX, SGP originally appeared on BloggingStocks on Mon, 12 Oct 2009 18:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>chip makersChipMakersCisco SystemsCiscoSystemsCSCODISDisneydrug makersDrugMakersdrugsearningsforecastsINTCIntelSchering PloughScheringPloughseagate technologySeagateTechnologySTXTargettechnologyTGTMon, 12 Oct 2009 18:00:00 EST<![CDATA[Oil hits 6 week high]]>http://www.bloggingstocks.com/2009/10/12/oil-hits-6-week-high/http://www.bloggingstocks.com/2009/10/12/oil-hits-6-week-high/http://www.bloggingstocks.com/2009/10/12/oil-hits-6-week-high/#commentsFiled under: , , , , , ,

oil pricesOil prices hit a 6 week high today, as cold weather gripped most of the country.

Over the weekend the nation was hit with a cold front that reminded oil traders that the high demand winter season is on its way, and could help reduce a lot of the oversupply that the market is currently looking at.

Continue reading Oil hits 6 week high

Oil hits 6 week high originally appeared on BloggingStocks on Mon, 12 Oct 2009 15:50:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>earningsfeaturedforecastsheating oilHeatingOilhillary clintonHillaryClintonIEAnorth koreaNorthKoreaoiloil demandoil pricesOilDemandOilPricesrecessionweatherMon, 12 Oct 2009 15:50:00 EST<![CDATA[General Motors finalizes Hummer deal]]>http://www.bloggingstocks.com/2009/10/10/general-motors-finalizes-hummer-deal/http://www.bloggingstocks.com/2009/10/10/general-motors-finalizes-hummer-deal/http://www.bloggingstocks.com/2009/10/10/general-motors-finalizes-hummer-deal/#commentsFiled under: , , , , , ,

General Motors Sells Hummer Truck BrandChina has taken its first major step into the U.S. car market as General Motors announced it had finalized a deal to sell off its Hummer truck brand to Chinese auto manufacturer Sichuan Tengzhong Heavy Industrial Machinery.

Under the deal, GM will continue to make the trucks no later than 2010. While a deal has been reached, it is still going to be up to Chinese regulators to approve the deal and decide if the brand can be profitable and fit into the country's overall national strategy to improve energy efficiency.

Continue reading General Motors finalizes Hummer deal

General Motors finalizes Hummer deal originally appeared on BloggingStocks on Sat, 10 Oct 2009 09:40:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>auto makersAutoMakersautosChinadealsGeneral MotorsGMHummerinthenewsJames TaylorPontiacSaabSaturnsuv salesSUVsSat, 10 Oct 2009 09:40:00 EST<![CDATA[Alcoa posts surprising third quarter profit]]>http://www.bloggingstocks.com/2009/10/07/alcoa-posts-surprising-third-quarter-profit/http://www.bloggingstocks.com/2009/10/07/alcoa-posts-surprising-third-quarter-profit/http://www.bloggingstocks.com/2009/10/07/alcoa-posts-surprising-third-quarter-profit/#commentsFiled under: , , , , , , , , , ,

alcoa third quarter earningsAlcoa (NYSE: AA) surprised the market this afternoon by posting its first quarterly profit of the year.

The company credited recent cost cutting measures as the main reason for its profit of $77 million during the quarter (75.8% lower than the same period last year), or 4 cents per share excluding certain items. This was a nice surprise to Wall Street, which had expected to see the company show a loss for the quarter of 9 cents per share.

Continue reading Alcoa posts surprising third quarter profit

Alcoa posts surprising third quarter profit originally appeared on BloggingStocks on Wed, 07 Oct 2009 18:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>AAAlcoaaluminumDOWearningsearnings seasonEarningsSeasoneconomic recoveryEconomicRecoveryfeaturedrecessionWed, 07 Oct 2009 18:30:00 EST