Tag Archive
Applied Materials Weathers Storm – US-FOREX.US
Investors have accepted that 2009 isn’t the year for Applied Materials, making Tuesday’s fiscal-third quarter report an assessment of how well the semiconductor equipment maker has handled the downturn and positioned itself for the future.
In June, Applied Materials
‘ chief executive Mike Splinter warned of more failures in the industry as the number of customers declines…. »
July Job Cuts Expected To Wane – US-FOREX.US
Wall Street may be encouraged by the waning level of job losses on Friday, but it will mean little to Americans stuck in unemployment lines and struggling to make ends meet.On Friday, the U.S. Labor Department is expected to announce that the national unemployment rate rose to 9.7% in July, as 300,000 Americans lost their… »
MBIAs Split – US-FOREX.US
The housing industry appears to be working its way back to health, and investors will find out Thursday if the same can be said for bond insurer MBIA.Wall Street expects MBIA
to report a loss of 92 cents per share on Thursday. MBIA’s report will be followed Friday by fellow bond insurer Ambac Financial
which is expected… »
Disney Seeks Digital Magic – US-FOREX.US
Walt Disney hopes to show its movies overcame the weak economy and waning ad market during its fiscal third quarter, but Wall Street is more interested in its ideas about how to monetize the Internet.
Disney
’s market value has risen 14.1% since the beginning of the year. The Street expects the media conglomerate’s quarterly earnings will… »
Time Warner- US-FOREX.US
Time Warner is hoping the magic of the movies will act as a counterweight to falling advertising revenue.Wall Street expects the company to report second-quarter earnings of 37 cents per share on Wednesday, nearly half of the 72 cents it pulled in a year ago. Since the New Year, Time Warner
’s stock has remained relatively… »
BBT Looks Strong But Questions Remain – US-FOREX.US
BB&T is expected to announce a strong second quarter Friday, but Wall Street isn’t convinced its credit losses are as clean the regional bank’s books suggest.”BB&T
will probably report a decent quarter tomorrow,” said FBR Capital Markets analyst Paul Miller, who expects earnings of 17 cents per share. “I wouldn’t be completely shocked if they reach… »
BofAs Consumer And Real Estate Woes – US-FOREX.US
Paul Miller of FBR Capital Markets expects strong top-line numbers from Bank of America
on Friday, especially coming out of Merrill Lynch. “It was much more active in the second quarter,” Miller said. “Trading revenue from Goldman Sachs
and JPMorgan Chase
were strong, and I don’t expect anything different from BofA.”On average, Wall Street analysts expect BofA to… »
Citigroup Fights To The Finish – US-FOREX.US
Citigroup, which is set to report second-quarter earnings on Friday, has been trying to come out ahead by handling operations and troubled assets, not to mention reshuffling management. But will it pay off?Wall Street’s wide range of projections average out to a loss of 37 cents per share. Jason Goldberg of Barclays Capital is optimistic… »
JPMorgans Summer Blockbuster – US-FOREX.US
JPMorgan Chase blew past Wall Street’s second-quarter expectations, but the bank faces difficulties navigating credit and loan losses in an uncertain environment.
JPMorgan Chase
reported earnings of 2.7 billion, or 28 cents per share, ahead of the 2.0 billion, or 53 cents per share, recorded in last year’s corresponding period. The Street had predicted earnings of 4… »
All Eyes On JPMorgan – US-FOREX.US
JPMorgan Chase has emerged from the financial crisis relatively unscathed, and investors are looking ahead to its second-quarter results, due out Thursday. The company’s chief executive Jamie Dimon has guided it in a good direction by picking up big-ticket assets like Bear Stearns and Washington Mutual.Jason Goldberg, an analyst at Barclays Capital, expects JPMorgan’s second… »