FeedPosted Feb 3rd 2010 6:00PM by Steven Mallas (RSS feed)
Filed under: Earnings Reports, General Electric (GE), Comcast Cl'A' (CMCSA), Media World
Comcast (CMCSA) published fourth-quarter numbers earlier today. On a reported basis, net income more than doubled to 33 cents per share. According to Reuters, the cable company earned 29 cents per share on an adjusted basis, beating estimates by two pennies.
Management loves to promote its ability to generate free cash flow. There was an increase in this metric of just under 21% for the twelve-month period. I love free-cash generation, and I appreciate this example of growth, but one thing should be pointed out: operational cash flow was flat. As the earnings release stated, a reduction in capital expenditures was mostly responsible for the expansion. Free cash flow was down 11% for the fourth quarter itself, sorry to say.
Continue reading Comcast Down on Q4 Release
Posted Feb 3rd 2010 8:30AM by Steven Mallas (RSS feed)
Filed under: Earnings Reports, General Electric (GE), Time Warner (TWX), Walt Disney (DIS), News Corp'B' (NWS), Media World
News Corp. (NWS), the media conglomerate that competes with Disney (DIS), Time Warner (TWX), and General Electric's (GE) NBC Universal, posted Q2 data after the bell on Tuesday. Shareholders should have few complaints on this one.
Revenues went up 10%, and earnings on an adjusted basis jumped well over 60% to 25 cents per share. According to Reuters, the estimate was 20 cents per share. Besides the beat, cash from operations was a lot better in the current six-month period. In the comparable frame, cash was used to fund operating activities.
Continue reading News Corp. Reports Fantastic Second Quarter
Posted Feb 2nd 2010 4:00PM by Jon Ogg (RSS feed)
Filed under: General Electric (GE), Ford Motor (F), JPMorgan Chase (JPM), TD AmeriTrade Holding (AMTD)

Today was helped in part by housing data for December showing gains on the existing home sales front, but was mostly a sentiment reversal. The S&P closing back above 1,085 yesterday created the hope that a floor was being put in and the stocks followed some strength in Europe to post larger gains.
Here were today's unofficial closing bell levels:
Dow 10,297.00 +111.47 (1.09%)
S&P 500 1,103.11 +13.93 (1.28%)
Nasdaq 2,189.68 +18.48 (0.85%)
Top Analyst Upgrades/Downgrades
Top Day Trader AlertsContinue reading Closing Bell: Technical Relief On Groundhog Day (GE, JPM, F, AMTD, RPRX, LXK)
Posted Feb 1st 2010 1:50PM by Beth Gaston Moon (RSS feed)
Filed under: Products and Services, Consumer Experience, Television, General Electric (GE), Walt Disney (DIS), News Corp'B' (NWS), Videos, Technology
Ahhh, Hulu. That wonderful destination where I can re-acquaint myself with my favorite Justin-Timberlake-on-SNL moments, catch up on episodes of Greek, and search for those old Silver Spoons clips I remember so fondly. The two-year-old website is a joint venture between Walt Disney's (DIS) ABC Network, General Electric's (GE) NBC Universal division, and News Corp.'s (NWS) FOX Entertainment Group, and is partially funded by Providence Equity Partners.
But just as online news readers may soon be charged to access The New York Times online, we may have to open our wallets for certain corners of the Hulu universe (they will likely still let me watch Silver Spoons for free).
Continue reading Is the Free Ride Over at Hulu?
Posted Jan 25th 2010 4:00PM by Jon Ogg (RSS feed)
Filed under: General Electric (GE), Ford Motor (F)

Today might have started out as a buying binge by bargain hunters, but the existing home sales drop was large enough and the NABE call of a slow return to employment growth offered no significant promise of a significant economic improvement over what we have already witnessed. The Bernanke confirmation outcome is less uncertain than it seemed on Friday, although this too was a continued thought in the back of the minds of even those who bought up shares higher today. Here are today's unofficial closing bell levels:
Dow 10,201.85 +28.87 (0.28%)
S&P 500 1,096.75 +4.99 (0.46%)
Nasdaq 2,210.80 +5.51 (0.25%)
Top Analyst Upgrades/Downgrades
Top Day Trader AlertsContinue reading Closing Bell: Bargain Buyers Come Out, Cautiously (CIEN, KERX, GE, F, PARD, FNM)
Posted Jan 23rd 2010 3:10PM by Trey Thoelcke (RSS feed)
Filed under: Google (GOOG), General Electric (GE), McDonald's (MCD), International Business Machines (IBM), Blockbuster Inc 'A' (BBI), American Express (AXP), Coach Inc (COH), Xerox Corp (XRX)
Here are some highlights from this past week's earnings coverage on BloggingStocks:
- American Express Co. (AXP) doubled its bottom line in Q4 while its provisions for losses fell.
- Blockbuster Inc. (BBI) warned of weakness in Q4 and lowered its guidance, sending shares lower.
- Coach Inc. (COH) better-than-expected Q2 earnings were accompanied by sales growth, but shares fell.
- Comerica Inc. (CMA) posted a smaller-than-expected Q4 loss, sending shares to a 52-week high.
- CSX Corp. (CSX) posted Q4 earnings that topped estimates but its revenue fell short of expectations.
Continue reading Earnings Highlights: American Express, Coach, GE, Google, IBM, McDonald's ...
Posted Jan 22nd 2010 5:20PM by Steven Mallas (RSS feed)
Filed under: Earnings Reports, Industry, General Electric (GE), Citigroup Inc. (C), Comcast Cl'A' (CMCSA), United Technologies (UTX)
General Electric Company (GE) is not a stock beloved by its shareholders. I'm one of them, and I can tell you that I sometimes find myself still unable to process the fall the once mighty icon of Wall Street has taken because of too much financial exposure. I look to every earnings report for signs of a true recovery in the conglomerate, a restoration to its former glory. The latest Q4 report doesn't necessarily do anything to point me in such direction, but I keep trying to tell myself it's going to be a while, and to hang in there.
According to the company press release, GE, whose colleagues include Citigroup, Inc. (C) and United Technologies (UTX), experienced a 10% drop in total sales and a 22% decline in per-share profit, the latter coming in at 28 cents from continuing operations. Thankfully, 28 cents was a couple pennies above the estimate given at Earnings.com.
Continue reading General Electric's Fourth Quarter Shows Profit Drop
Posted Jan 22nd 2010 4:00PM by Jon Ogg (RSS feed)
Filed under: Apple Inc (AAPL), General Electric (GE), Advanced Micro Dev (AMD)

There was actually very little economic news. The news that Ben Bernanke is not a shoe-in for reconfirmation as head of the Federal Reserve caused some pause, while the bank-bashing from yesterday carried over in many names.
Five IPOs did not even get the deserved attention despite the notion that this has not been seen in a long time. Here were today's closing bell levels:
Dow 10,163.38 -226.50 (-2.18%)
S&P 500 1,091.07 -25.41 (-2.28%)
Nasdaq 2,204.32 -61.38 (-2.71%)
Top Stock and Market Rumors
Top Analyst Upgrades/DowngradesContinue reading Closing Bell: The Bernanke Question Weighs (AMD, AAPL, COF, GE, HBAN, SOMX, SYNA)
Posted Jan 22nd 2010 8:06AM by Melly Alazraki (RSS feed)
Filed under: Before the Bell, International Markets, Google (GOOG), General Electric (GE), Market Matters, McDonald's (MCD), Citigroup Inc. (C), JPMorgan Chase (JPM), Bank of America (BAC), Goldman Sachs Group (GS), Morgan Stanley (MS), Wells Fargo (WFC), Financial Crisis

U.S. stock futures were mixed Friday morning as investors mulled results from General Electric and others, and focused on the effects President Obama's plan to overhaul Wall Street would have on banks.
On Thursday, Wall Street suffered one of the worst day in month after the Obama administration announced a proposal to increase regulation on the financial industry. Despite several strong earnings, concerns over China's efforts to curb lending, a surprise increase in jobless claims and a drop in manufacturing amounted to the Dow industrials sinking 213 points, or 2%. The broader S&P 500 lost 1.9% and the Nasdaq composite tumbled 1.1%.
Continue reading Before the Bell: Stocks Headed for a Mixed Start
Posted Jan 7th 2010 4:00PM by Jon Ogg (RSS feed)
Filed under: General Electric (GE), Bank of America (BAC), Bed Bath and Beyond (BBBY), Boeing Co (BA), Sears Holdings (SHLD), Lennar Corp'A' (LEN), QUALCOMM Inc (QCOM)

Today's stock market was up more than it was not throughout the trading session, yet the feeling was more of an up-day after better than expected retail data and after more and more data points to a decent jobs figure for Friday's unemployment and non-farms payrolls data. Here were today's unofficial closing bell levels:
Dow 10,607.69 +34.01 (0.32%)
S&P 500 1,141.65 +4.51 (0.40%)
Nasdaq 2,299.00 -2.09 (-0.09%)
Top Analyst Upgrades/DowngradesContinue reading Closing Bell: Actually Better Than It Looks (LEN, GE, GME, BBBY, SHLD, QCOM, BA, BAC)
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