Investors nervous about the possibly stalled economic recovery -- or worse, the beginning of the latter phase of a double-dip recession -- were not pleased with last week's housing numbers. Things were perhaps ameliorated somewhat by durable goods order numbers and a revised GDP that weren't as bad as expected, but that didn't stop the Dow from dipping below 10,000 later in the week, before fighting its way back above the benchmark to end the week, thanks largely to Fed chair Bernanke's comments on Friday.

Though the end of August is usually quiet, this week lots more economic data are due out, including more housing numbers: The Case-Shiller Home Price Index for June on Tuesday, construction spending numbers for July on Wednesday, and NAR's pending home sales for July on Thursday. There's not expected to be much to get excited about in these numbers.

Continue reading The Week in Preview: Employment, Housing, Manufacturing, Earnings Expectations

The Week in Preview: Employment, Housing, Manufacturing, Earnings Expectations originally appeared on BloggingStocks on Sun, 29 Aug 2010 12:30:00 EST. Please see our terms for use of feeds.

Here are some highlights from last week's earnings coverage from BloggingStocks:

• Abercrombie & Fitch Co. (NYSE: ANF) earnings prospects and declining sales resulted in a downgrade.
• America's Car-Mart Inc. (NASDAQ: CRMT) stronger-than-expected Q1 results led shares to a four-year high.
• ArcSight Inc. (NASDAQ: ARST) reported strong Q1 numbers on increasing demand for cyber security.
• Brown-Forman Inc. (NYSE: BF.B) Q1 results easily topped expectations despite a decline in revenue.
• Ciena Corp. (NASDAQ: CIEN) posted a Q3 loss but revenue improved sequentially, and shares rose.

Continue reading Earnings highlights: Ciena, Del Monte, Hovnanian, Krispy Kreme, Movado ...

Earnings highlights: Ciena, Del Monte, Hovnanian, Krispy Kreme, Movado ... originally appeared on BloggingStocks on Sat, 05 Sep 2009 14:10:00 EST. Please see our terms for use of feeds.

Continue reading Cooper Companies (COO) Q3 earnings miss estimates

Cooper Companies (COO) Q3 earnings miss estimates originally appeared on BloggingStocks on Fri, 04 Sep 2009 13:00:00 EST. Please see our terms for use of feeds.

• Lions Gate Entertainment (NYSE: LGF) reporting Q4 earnings; conference call at 9:00am.
• Nvidia Corporation (NASDAQ: NVDA) conference call at 9:30am on new multimedia computer-on-a-chip products.
• Lululemon Athletica Inc. (NASDAQ: LULU) reports Q1 earnings; conference call at 4:30pm

• Ford Motor Company (NYSE: F) to report May sales at 1:00pm.
  
• General Motors Corp. (NYSE: GM) to report May sales at 2:00pm.
  
• Toll Brothers, Inc. (NYSE: TOL) to report Q2 earnings; conference call at 2:00pm.
• Bob Evans Farms Inc. (NASDAQ: BOBE) to report Q4 earnings; conference call at 4:00pm.

Continue reading Market highlights for next week: Monthly sales due out

Market highlights for next week: Monthly sales due out originally appeared on BloggingStocks on Fri, 30 May 2008 16:56:00 EST. Please see our terms for use of feeds.

• HSBC downgraded Eli Lilly & Co. (NYSE:LLY) to Neutral from Overweight.
• Following the loss of the Army Linguist contract, Credit Suisse downgraded L-3 Communications Hldgs Inc. (NYSE:LLL) to Neutral from Outperform with an $83 target.

• Cooper Companies Inc. (NYSE:COO) was downgraded to Underweight from Neutral, with a $42 target at Prudential; they believe another reduction in 2007 guidance is likely and, additionally, the company is likely to lose additional market share in the Toric market.
• Credit Suisse, seeing potential risk to production targets at Murphy Oil Corp. (NYSE:MUR), downgraded the company to Underperform from Neutral.
• RBC Capital Markets downgraded Sovereign Bancorp Inc. (NYSE:SOV) to Underperform from Sector Perform based on valuation.

Analyst downgrades 12-18-06: Eli Lilly downgraded to Neutral originally appeared on BloggingStocks on Mon, 18 Dec 2006 11:05:00 EST. Please see our terms for use of feeds.