Update US Bancorp (USB)
US Bancorp (USB) CEO Richard Davis wasn’t all that optimistic about the U.S. economy in the conference call after his company reported second quarter earnings on July 21. Demand for credit from businesses continues to fall and unemployment may climb to 10% later in...Update Nokia (NOK)
Watching the stock market right now is like watching paint dry. Only not quite as exciting and with decidedly more side effects. But while stocks aren’t going anywhere lately, some companies are. And it’s important to track which companies are taking steps now to make...Update Thompson Creek Metals (TC)
Thompson Creek Metals (TC), a Canadian molybdenum producer, has been saying it would do an acquisition if it found a deal the company liked. Well, I guess Thompson Creek found that deal. On July 15 the company announced that it will acquire Terrane Metals (TRX.V in...Update Intel (INTC)
Sales of server chips were up 170% in the second quarter of 2010 from the second quarter of 2009, Intel (INTC) announced last night (July 13) when the company reported earnings. When I last updated this stock back in April after the company announced first quarter...Update Cummins (CMI)
The growth thesis for heavy-duty truck sales continued to play out in May. Net orders climbed by 84% from May of 2009. That growth thesis says that truck sales should boom in late 2010 and into 2011 as truck owners, who have put off buying during the recession, resume...Update Maxwell Technologies (MXWL)
2010 marks a very important transition for Maxwell Technologies (MXWL), one that unfortunately, won’t make life easy for the company given the state of the auto and alternative energy industries. You can see the results of that transition in the company’s somewhat...Update Teva Pharmaceutical Industries (TEVA)
A busy month for drug announcements at Teva Pharmaceutical Industries (TEVA) with news on Copaxone, Azilect, and Gianvi–and it’s only June 4. Of these Gianvi is the biggie—at least for now. The drug is a generic version of Bayer’s (BAYRY) oral contraceptive Yaz....Update Thompson Creek Metals (TC)
They don’t call these stocks cyclical for no reason. Shares of Thompson Creek Metals (TC), the world’s largest publicly-traded, pure-play molybdenum producer, are down almost 40% from their April 5 high on fears that the world economy, and especially China’s part of...Update Transocean (RIG)
The best you can say about Transocean (RIG) is that it has a tin ear for public opinion. The company’s public response to the Deepwater Horizon disaster in April has been to say 1) It wasn’t our fault and 2) We’re not on the hook for very much money. Even if true, and...Update Ambev (ABV)
A great first quarter for Ambev (ABV) up against some very tough year-to-year comparisons. Earnings per share grew by 24.7% and net sales by 8.2% in the first quarter, the company reported on May 5. Costs rose but the company still managed to show a 0.1 percentage...Update Middleby (MIDD)
Given the mood of the market right now, Middleby’s (MIDD) May 12 earnings report was a perfect storm of bad news. The company missed Wall Street earnings estimates for the first quarter by 8 cents a share and revenue fell by 11.5% from the first quarter of 2009. And...Update Cisco Systems (CSCO)
When I was a kid and I’d turn up my turn up my nose at a great present that wasn’t exactly what I wanted, my grandmother would say, What do you want, egg in your beer? Well, today, May 13, investors in Cisco Systems (CSCO) remind me of that little kid I was. They’ve...Update Goldcorp (GG)
A work stoppage here. Higher taxes there. And soon you’re talking about an earnings miss for the first quarter. That’s what’s behind the 22 cents a share that Goldcorp (GG) reported for the first quarter. The results were 3 cents a share below Wall Street projections....Update Transocean (RIG)
Transocean (RIG) is the owner of Deepwater Horizon, the drilling rig that caught fire on April 20 and eventually sank in the Gulf of Mexico with the loss of 11 workers. Those workers are still missing but presumed dead. Oil continues to leak from the well 4,500 feet...Update Taiwan Semiconductor (TSM)
Today, April 27, Taiwan Semiconductor Manufacturing, the largest manufacturer of chips for other chip companies including Apple (AAPL) and Intel (INTC), reported first quarter earnings 10.1% above Wall Street expectations. Earnings of $1.07 billion were the highest...Update Johnson Controls (JCI)
Before the stock market opened in New York on Friday, April 23, Johnson Controls (JCI) announced earnings of 43 cents a share (excluding one-time items.) That was four cents a share above Wall Street estimates for the company’s second quarter of fiscal 2010. Including...Update Microsoft (MSFT)
The earnings news out of Microsoft (MSFT) yesterday, April 22, after the stock market close in New York, was good but good isn’t getting investors very excited these days. Unless a company delivers great earnings and ups guidance as well, shares have been selling off...Update Ormat Technologies (ORA)
Ormat Technologies (ORA) has been on a very slow recovery track since it hit a low of $27.76 on March 29. The shares were up about 12% as of 2 p.m. ET on April 22, 2010, to $31.08. That still leaves the stock a lot of work to do before it gets back to the $41.08 where...Update Coach (COH)
Looking for signs that the global consumer is back? You’ll find them in the third quarter fiscal 2010 earnings that Coach (COH) reported before the stock market opened on April 20. The company announced earnings of 50 cents a share, 4 cents a share above Wall Street...Update Intel (INTC)
Blow out quarter. Stunning increase in guidance. A totally justified 4.3% gain in the after-hours market on the day it announced earnings. Now we’ll see if Intel (INTC) can juice the rest of the technology sector. (Look today to see how Microsoft (MSFT) reacts, for...Update Transocean (RIG)
I’m filing this update from the beach. I’m on vacation the week of March 29 to April 2. Unless the sun stops shining here in the Bahamas (or the kids decide to hire themselves out on a fishing boat), I don’t anticipate filing more than once a day for this week....Update Energy Transfer Partners (ETP)
I’m filing this update from the beach. I’m on vacation the week of March 29 April 2. Unless the sun stops shining here in the Bahamas (or the kids decide to hire themselves out on a fishing boat), I don’t anticipate filing more than once a day for this week....Update Coach (COH)
I’m filing this update from the beach. I’m on vacation the week of March 29 April 2. Unless the sun stops shining here in the Bahamas (or the kids decide to hire themselves out on a fishing boat), I don’t anticipate filing more than once a day for this week....Update Teva Pharmaceutical (TEVA)
Today (March 18) Teva Pharmaceutical Industries (TEVA) announced an agreement to buy Germany’s Ratiopharm for $5 billion in cash. Privately-owned Ratiopharm is Germany’s second largest maker of generic medicines—and the sixth largest generic drug company in the world....Update Microsoft (MSFT)
Microsoft (MSFT) reported fiscal second quarter earnings on January 28. The really good news for investors was what wasn’t in the blowout numbers. And what’s happened to the company’s business since then. The second quarter results were good enough on their own....Update Rayonier (RYN)
On January 26 Rayonier (RYN) told income investors what they needed to hear: Even though 2009 had been a very tough year for timber and real estate sales the company, organized as a real estate investment trust (REIT) so it must pass most of its profits on to...Update PepsiCo (PEP)
On Monday, March 15, 2010, the board of directors at PepsiCo (PEP) announced that the company would raise its dividend by 7% to an annual $1.92 a share from the current $1.80. At the 11:30 price of $65.75 that comes to a yield of 2.9%. The company’s next quarterly...Update Goldcorp (GG)
After the market close yesterday, March 11, Goldcorp (GG) reported fourth quarter 2009 earnings of 25 cents a share (excluding one-time items). That was in line with the Wall Street consensus. Revenue climbed by 27.8% to $778 million. That was substantially above the...Update Cisco Systems (CSCO)
Cisco Systems (CSCO) rules the technology that runs the Internet, but it’s got a few things to learn about product announcements. On March 9 the company held a teleconference staged with all the hoopla of Apple (AAPL) announcing a new iPhone. But then Cisco unveiled a...Jim’s Daily Email Alerts:
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