BloggingStocks http://www.bloggingstocks.com BloggingStocks http://www.blogsmithmedia.com/http://www.bloggingstocks.com/media/feedlogo.gif BloggingStocks http://www.bloggingstocks.com en-us Copyright 2012 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/<![CDATA[Cramer takes GOOG target to $560]]>http://www.bloggingstocks.com/2006/10/19/cramer-takes-goog-target-to-560/http://www.bloggingstocks.com/2006/10/19/cramer-takes-goog-target-to-560/http://www.bloggingstocks.com/2006/10/19/cramer-takes-goog-target-to-560/#commentsFiled under: , , , ,

Jim Cramer isn't shy about his expectations. Some of us on BloggingStocks pooh-poohed his earlier calls but it seems he knows of what he speaks! Today's third quarter earnings have Google Inc. (NASDAQ:GOOG) up big and, in comments on MAD MONEY tonight, Cramer touted his Google call. It's up $35 in after-hours trading, and he raised his target from $500 to $560, based on $14 per share and a 40x multiple.

GOOG traded up 7% to $457+ in after-hours trading after blowing away the street expectations.

Cramer, ever the showman, came out in the show's opening wearing GOOG in black marker on his forehead and on his knuckles.

Cramer takes GOOG target to $560 originally appeared on BloggingStocks on Thu, 19 Oct 2006 18:03:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>3qafter-hourscramergooggoogleq3q3 2006q3 earningsQ32006Q3EarningstargetThu, 19 Oct 2006 18:03:00 EST<![CDATA[Earnings, get them while they're HOT: IBM up 47%, Motorola down 45%]]>http://www.bloggingstocks.com/2006/10/17/earnings-get-them-while-theyre-hot-ibm-up-47-motorola-down/http://www.bloggingstocks.com/2006/10/17/earnings-get-them-while-theyre-hot-ibm-up-47-motorola-down/http://www.bloggingstocks.com/2006/10/17/earnings-get-them-while-theyre-hot-ibm-up-47-motorola-down/#commentsFiled under: , , , , ,

In breaking after-market-close results, International Business Machines Corp. (NYSE:IBM)'s third-quarter earnings were up 47% with a 5.1% increase in sales to $22.62 billion; a huge bit of good news for Big Blue.

On the other side of the coin was Motorola, Inc. (NYSE:MOT). Oh, how the mighty mobile company has fallen. Third quarter 2006 earnings for Motorola were down 45%, to 39 cents a share, although you could barely tell from the rosy picture painted by the earnings release; full of optimism about sales at $10.7 billion, up 17% from Q3 2005. We're waiting to see how investors react.

Update: investors were thrilled with IBM and sent stock up after hours to $91.32 from a close of $86.95. Motorola was terrible news and investors sent the stock tumbling to $22.90 from its already-lower close of $24.85.

Earnings, get them while they're HOT: IBM up 47%, Motorola down 45% originally appeared on BloggingStocks on Tue, 17 Oct 2006 16:26:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>20063qearningsearnings releaseEarningsReleaseibminternational business machinesInternationalBusinessMachinesmotmotorolaq3q3 2006q3 earningsQ32006Q3Earningsthird quarterthird quarter earningsThirdQuarterThirdQuarterEarningsTue, 17 Oct 2006 16:26:00 EST