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[The week in preview: Expectations as the earnings crunch begins]]>http://www.bloggingstocks.com/2008/07/13/the-week-in-preview-expectations-as-the-earnings-crunch-begins/http://www.bloggingstocks.com/2008/07/13/the-week-in-preview-expectations-as-the-earnings-crunch-begins/http://www.bloggingstocks.com/2008/07/13/the-week-in-preview-expectations-as-the-earnings-crunch-begins/#commentsFiled under: , , , , , , , , , , , , , , , , , , , , , , , , ,

As the second quarter earnings crunch begins in earnest this week, the bear market has investors jittery and prognosticators spinning out dire warnings. In the wake of mixed results from Alcoa (NYSE: AA) and General Electric (NYSE: GE) kicking things off last week, here's a look at what Wall Street is expecting from many of the companies scheduled to report this coming week.

Analysts surveyed by Thomson Financial are expecting the following companies to report a rise in earnings when compared to the same period of the previous year.

  • Nucor Corp. (NYSE: NUE): $1.80 EPS (36.6%) on sales of $6.4 billion (+53.0%)
  • Google Inc. (NASDAQ: GOOG): $4.74 EPS (24.9%) on sales of $3.9 billion (+41.6%)
  • Nokia Corp. (NYSE: NOK): 56 cents EPS (23.2%) on sales of $19.9 billion (+17.8%)
  • CSX Corp. (NYSE: CSX): 90 cents EPS (21.1%) on sales of $2.9 billion (+12.8%)
  • Altera Corp. (NASDAQ: ALTR): 27 cents EPS (18.5%) on sales of $346.7 million (+8.4%)
  • IBM (NYSE: IBM): $1.82 EPS (+17.6%) on sales of $25.9 billion (+9.0%)
  • eBay Inc. (NASDAQ: EBAY): 41 cents EPS (17.1%) on sales of $2.2 billion (+18.0%)
  • W.W. Grainger Inc. (NYSE: GWW): $1.46 EPS (17.1%) on sales of $1.7 billion (+8.0%)
  • Microsoft Corp. (NASDAQ: MSFT): 47 cents EPS (17.0%) on sales of $15.7 billion (+17.0%)
  • Honeywell International Inc. (NYSE: HON): 94 cents EPS (17.0%) on sales of $9.2 billion (+7.9%)

Continue reading The week in preview: Expectations as the earnings crunch begins

The week in preview: Expectations as the earnings crunch begins originally appeared on BloggingStocks on Sun, 13 Jul 2008 12:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>AAAbbot LabsABTAdvanced Micro DevicesAlcoaAlteraALTRAMDBAXBaxterCALCoca-ColaContinental AirlinesCSXDALDanaherDelta Air LinesDHRearningsearnings crunchearnings seasonEatoneBayeconomic dataETNGannetGCIGEGeneral ElectricGenuine PartsGOOGGoogleGPCGraingerGWWHarley-DavidsonHOGHONHoneywellIBMIllinois Tool WorksINTCIntelITWJNJJohnson and JohnsonKOMATMattelMicrosoftMSFTNOKNokiaNovellusNucorNUENVLSSafewaySchlumbergerSherwin-WilliamsSHWSLBSWYUnited TechnologiesUTXYUMYum BrandsSun, 13 Jul 2008 12:30:00 EST<![CDATA[Cramer on BloggingStocks: Yesterday's technology, yesterday's news]]>http://www.bloggingstocks.com/2008/06/18/cramer-on-bloggingstocks-yesterdays-technology-yesterdays-ne/http://www.bloggingstocks.com/2008/06/18/cramer-on-bloggingstocks-yesterdays-technology-yesterdays-ne/http://www.bloggingstocks.com/2008/06/18/cramer-on-bloggingstocks-yesterdays-technology-yesterdays-ne/#commentsFiled under: , , , , , , , ,

TheStreet.com's Jim Cramer says massive debt at the newspapers means they no longer work as businesses.

Maybe newspapers don't work as businesses. The shocking 10% workforce reduction announced this week by McClatchy (Cramer's Take) (NYSE: MNI), formerly the best-run chain out there, is a reminder that all of these companies have borrowed too much money and don't generate the cash flow to make it work. McClatchy, with an 8% yield, is showing signs of collapsing under its own weight, something that has been exacerbated by Wall of Shame performer Gary Pruitt, a man who is still, amazingly, the CEO.

But all of this was totally predictable. I have never seen an industry attract so many buyers with so much debt and so little equity.

Take Tribune (Cramer's Take). Sam Zell's a smart guy. He let the newspaper employees do the heavy lifting when he bought the Tribune company. That was so smart. He will be out very little if the deal fails. The workers will be out their retirement money. That was a smart deal -- unless you work there -- but I have spoken against that deal so many times I am sick of talking about it.

McClatchy could have weathered this downturn, instead of -- it is a bit unthinkable, but I think it will happen -- defaulting on its debt, if it hadn't been determined to buy a bunch of properties for much more than they are worth. The New York Times (Cramer's Take) (NYSE: NYT) and Gannett (Cramer's Take) (NYSE: GCI) spent a lot of money, but they didn't have to buy back stock. Gannett's 6% yield isn't tempting in the least.

Continue reading Cramer on BloggingStocks: Yesterday's technology, yesterday's news

Cramer on BloggingStocks: Yesterday's technology, yesterday's news originally appeared on BloggingStocks on Wed, 18 Jun 2008 09:22:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>featuredgannetgcigooggooglejim cramerJimCramerMcClatchymninew york timesNewYorkTimesnyttribuneWed, 18 Jun 2008 09:22:00 EST<![CDATA[Earnings highlights: Bank of America, Merck, Mattel, Phillip Morris, AFLAC and others]]>http://www.bloggingstocks.com/2008/04/26/earnings-highlights-bank-of-america-merck-mattel-phillip-mor/http://www.bloggingstocks.com/2008/04/26/earnings-highlights-bank-of-america-merck-mattel-phillip-mor/http://www.bloggingstocks.com/2008/04/26/earnings-highlights-bank-of-america-merck-mattel-phillip-mor/#commentsFiled under: , , , , , , , , , ,

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

Continue reading Earnings highlights: Bank of America, Merck, Mattel, Phillip Morris, AFLAC and others

Earnings highlights: Bank of America, Merck, Mattel, Phillip Morris, AFLAC and others originally appeared on BloggingStocks on Sat, 26 Apr 2008 09:40:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>ABKAFLAFLACAmbacAmdocsAMLNAmphenolAmylinAPHAptarATRBACBank of AmericaBMYBrinkerBristol-MyersCitigroupCredit SuisseCreeCSDOXearningsearnings reportsEATEli LillyfeaturedGannetGCIHASHasbroJAKKJAKKSJim CramerJon OggJoseph LazzaroKinberly-ClarkKMBLLYLUFKLufkinMANManpowerMATMattelMerckMRKPhillip MorrisPMTed AllrichUNHUnitedHealthWestern UnionWUSat, 26 Apr 2008 09:40:00 EST<![CDATA[Before the bell 3-16-07: Futures lower ahead of CPI, consumer confidence]]>http://www.bloggingstocks.com/2007/03/16/before-the-bell-3-16-07-futures-lower-ahead-of-cpi-consumer-co/http://www.bloggingstocks.com/2007/03/16/before-the-bell-3-16-07-futures-lower-ahead-of-cpi-consumer-co/http://www.bloggingstocks.com/2007/03/16/before-the-bell-3-16-07-futures-lower-ahead-of-cpi-consumer-co/#commentsFiled under: , , , , , , ,

Stock futures are lower in early morning indicating to a similar start for the stock market ahead of some key economic data due to be released today.

At 8:30 a.m., before markets open, the Labor Department will report February's consumer price index. Economists forecast a 0.3% increase compared to a 0.2% increase in January. Ex-food and and energy, core CPI is expected to rise 0.2% after gaining 0.3% in the previous month. Investors will be watching this inflationary measure closely as the Fed meets to discuss interest rate policy next week. What's more, yesterday's PPI surprise is causing further concerns inflationary pressures are sill strong.

Despite PPI coming much higher than expected yesterday and other indication about mounting inflation (at the wholesale level) and slower economic growth, markets finished on a positive note. The reason, many speculate, has to do with several options and futures contracts expiring today bringing buyers into the market. Corporate M&A activity also helped strengthened stocks yesterday.

Other economic data will be reported today: February capacity utilization and industrial production figures will be released just before markets open. March consumer confidence is due at 10:00 a.m., after the open, and is expected to show a slight drop.

The dollar dropped to a three-months low against the euro ahead of the coming U.S. economic data that could further point to weakening U.S. economy. The dollar also lost ground against the yen and 12 other currencies.
After falling to near $57 a barrel, oil prices rose this morning.

In corporate news:

OMI Corp. (NYSE:OMN), operator of a fleet of oil tankers, may put itself up for sale. The company hired advisers to explore sale and its board is reviewing several strategic alternatives.

Nissan Motor Co. (NASDAQ:NSANY) CEO Carlos Ghosn would give up the duty of overseeing operations in the Americas. The automaker shuffles top management as it heads for its first annual profit decline in seven years.

Six Flags Inc. (NYSE:SIX) and Tektronix Inc. (NYSE:TEK) may see pressure after reporting results yesterday. Both were down in after-hours trading with SIX shares losing 4.3% of their value TEK down 5.6%.

Accredited Home Lenders Holding Co. (NASDAQ:LEND) said it would sell $2.7 billion of its loan inventory. LEND shares are down 6% in pre-market trading.

A Goldman Sachs reiterated his Neutral rating for Gannet Co. (NYSE:GCI) after the company reported yesterday.

Before the bell 3-16-07: Futures lower ahead of CPI, consumer confidence originally appeared on BloggingStocks on Fri, 16 Mar 2007 07:52:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>accredited home lendersAccreditedHomeLendersconsumer confidenceConsumerConfidencecpigannetgcilendnissannsanyomiomnsixsix flagsSixFlagstektektronixFri, 16 Mar 2007 07:52:00 EST<![CDATA[Newspaper wrap-up 1-10-07: GM to bid on stake of Proton Holdings]]>http://www.bloggingstocks.com/2007/01/10/newspaper-wrap-up-1-10-07-gm-to-bid-on-stake-of-proton-holdings/http://www.bloggingstocks.com/2007/01/10/newspaper-wrap-up-1-10-07-gm-to-bid-on-stake-of-proton-holdings/http://www.bloggingstocks.com/2007/01/10/newspaper-wrap-up-1-10-07-gm-to-bid-on-stake-of-proton-holdings/#commentsFiled under: , , , , ,

MAJOR PAPERS:
  • On its first page today, the Wall Street Journal highlighted Tiffany & Co. (NYSE: TIF) and the three major newspaper companies -- Gannett Co. (NYSE: GCI), McClatchy Co. (NYSE: MNI) and Tribune Co. (NYSE: TRB).
    • Tiffany and Co has been raising prices away to protect its classy image, even at the cost of profits. The company reports its holiday figures today, and investors will be looking closely at the company's results.
    • Gannett, McClatchy and Tribune are preparing to jointly sell advertising on their websites in an attempt to win back advertisers that have defected from their papers to the Internet.
    • The Journal also wrote that President Bush may issue an executive order endorsing nonembryotic stem cell work.
  • The Barron's Online "Weekday Trader" focused on Time Warner Cable (OTC: TWCAV), which the article says will be in short supply when it moves from the over-the-counter market to the New York Stock Exchange next Monday.
OTHER PAPERS:
  • The Business Times reported that General Motors (NYSE: GM) is planning to make a bid for an unspecified stake in the Malaysian automaker Proton Holdings, as early as this month.
  • The Minneapolis Star Tribune wrote that Korn/Ferry International (NYSE: KFY) is expected to acquire Leader Source, an executive coaching firm in Minneapolis.

Newspaper wrap-up 1-10-07: GM to bid on stake of Proton Holdings originally appeared on BloggingStocks on Wed, 10 Jan 2007 09:41:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>barron'sbarronsgannetgcigeneral motorsGeneralMotorsgmkfykorn/ferrymcclatchymninewspaperpaperperiodicaltiftiffanytime warner cableTimeWarnerCabletrbtribunewall street journalWallStreetJournalwsjWed, 10 Jan 2007 09:41:00 EST<![CDATA[Reuters blogs for $7 million]]>http://www.bloggingstocks.com/2006/11/16/reuters-blogs-for-7-million/http://www.bloggingstocks.com/2006/11/16/reuters-blogs-for-7-million/http://www.bloggingstocks.com/2006/11/16/reuters-blogs-for-7-million/#commentsFiled under: , ,

Reuters Group (NASDAQ:RTRSY) may be an old company (founded in the 1840s), but it is still looking for ways to innovate (after all, the company got its start with a new technology called the telegraph).

Well, this week, the company invested $7 million in a start-up company, Pluck. Think of Pluck as a New Age distribution company - using things like RSS to syndicate blogs. The company has deals with biggies like the Washington Post (NYSE:WPO) and Gannett Co. (NYSE:GCI).

True, for a company like Reuters, a $7 million investment is not particularly large. It does, however, validate blogs as a source of good content. Actually, Reuters is already a user of the Pluck technology.

I interviewed Bill Flitter, who is the founder and V.P. of marketing at Pheedo (a top Web-based content distribution company). To him, the deal highlights two key trends:

"First, RSS is being used more and more to distribute pieces of content throughout the web and reassemble it in the most relevant and customized way. It is a simple technology that offers so many ways to move content around the web. It is really a versatile tool, a Swiss army knife of capabilities.

"Second, blogs are increasing in authority, but more importantly, readers of blogs and news stories are now able to participate in the story. This is a huge shift, especially since Reuters, a massive media outlet, is enabling this new social media concept. Readers can influence the news and what people read -- people can tell their version of the story now and not just read it through the lens of a gatekeeper."

Tom Taulli is the author of various books, including the Complete M&A Handbook and operates InvestorOffering.com.

Reuters blogs for $7 million originally appeared on BloggingStocks on Thu, 16 Nov 2006 12:56:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>gannetPluckReuterswashington postWashingtonPostThu, 16 Nov 2006 12:56:00 EST