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FeedPosted Feb 7th 2010 12:30PM by Trey Thoelcke (RSS feed)
Filed under: Earnings Reports, Forecasts, Agilent Technologies (A), Chipotle Mexican Grill'A' (CMG), Hasbro Inc (HAS)
Quarterly reports continue to roll out this week, with results due from Allstate Corp. (ALL), Coca-Cola Co. (KO), Marriott International Inc. (MAR), Molson Coors Brewing Co. (TAP), New York Times Co. (NYT), Pepsico Inc. (PEP), Sprint Nextel Corp. (S), Viacom (VIA), Walt Disney Co. (DIS) and many others. Here's a look at a few of the companies that analysts surveyed by Thomson Reuters expect to be the biggest earnings gainers this week.
Analysts are looking for Coinstar Inc. (CSTR), which distributes coin-counting, DVD-rental, and other self-service kiosks, to report that its fourth-quarter earnings more than doubled from a year ago to $0.32 per share. Revenue for the three months that ended in December is expected to have jumped 26.1% to $329.2 million. The analysts' forecast for the full year calls for earnings of $0.94 per share (+46.8%) on $1.2 billion in revenue (+25.9%). Coinstar has beat earnings estimates in the past three quarters, by as much as six cents per share.
Continue reading The Week in Preview: High Hopes for Coinstar, Agilent, Chipotle, Baidu, Hasbro
Posted Feb 7th 2010 10:20AM by Tom Johansmeyer (RSS feed)
Filed under: Google (GOOG), Microsoft (MSFT), Yahoo! (YHOO), New York Times'A' (NYT), News Corp'B' (NWS), Media World, Technology
How are readers finding the news? Well, increasingly, the answer is Facebook. The social networking site, which boasts well over 350 million registered users, is now the fourth largest referral source of traffic to online news destinations. Almost a year ago, only 0.5% of traffic to news and media sites came from Facebook. Today, that level is 3.5%, according to data from Web analytics firm Experian Hitwise.
Only Google (GOOG), Yahoo! (YHOO) and MSN (MSFT) send more traffic to news sites. Google News, a subset of the search engine giant, failed to keep pace with Facebook, despite the fact that it exists specifically to send Internet users to media outlets. Only 1.39% of referrals came from this source.
Continue reading Facebook Grows as a Source for News
Posted Feb 4th 2010 5:40PM by Brian White (RSS feed)
Filed under: Products and Services, Google (GOOG)
You have to love Mark Cuban. The guy basically hasn't stopped chattering about tech and business since selling Broadcast.com to Yahoo! Inc. (YHOO) for billions at the height of the dotcom boom almost a decade ago. Although opinionated, much of what comes out of Cuban's mouth is prescient or garbage. The NBA aside, Cuban's latest foe is none other than Google Inc. (GOOG). The company that promises to "do no evil" is being called a "vampire" by the billionaire blabbermouth. How touching.
Continue reading Google a Vampire in Cuban's Eyes
Posted Jan 31st 2010 10:10AM by Tom Taulli (RSS feed)
Filed under: Next Big Thing, Initial Public Offerings
The widely anticipated IPO for Tesla Motors is finally here. Based in Silicon Valley, the company designs and manufactures high-performance, fully electric cars. The investors include the co-founders of Google (GOOG), Larry Page and Sergey Brin, and the founder is Elon Musk, who helped create PayPal.
The company's first car, which came on the market in 2008, is the Tesla Roadster. It can go from zero to 60 MHP in 3.9 seconds -- without any tailpipe emissions. On a single charge, the car can also go 236 miles. However, the price tag comes to a hefty $109,000.
Continue reading Tesla Revs Up for an IPO
Posted Jan 29th 2010 8:30AM by Steven Mallas (RSS feed)
Filed under: Earnings Reports, Google (GOOG), Microsoft (MSFT), Yahoo! (YHOO), Apple Inc (AAPL), International Business Machines (IBM), Technology
Microsoft (MSFT), the tech giant behind the Windows operating system, whose colleagues include Apple (AAPL), Google (GOOG), IBM (IBM), and Yahoo! (YHOO), issued Q2 numbers after the bell on Thursday. Revenues increased 14%, and diluted earnings per share went up well over 50% to 74 cents.
In terms of expectations, Earnings.com says 59 cents was the number to beat. Obviously, the company had no problem doing that. As the news outlets have been reporting, Windows 7 was the big driver of the quarter's success.
Continue reading Microsoft Q2 Earnings Jump, Aided by Windows 7
Posted Jan 23rd 2010 3:10PM by Trey Thoelcke (RSS feed)
Filed under: Google (GOOG), General Electric (GE), McDonald's (MCD), International Business Machines (IBM), Blockbuster Inc 'A' (BBI), American Express (AXP), Coach Inc (COH), Xerox Corp (XRX)
Here are some highlights from this past week's earnings coverage on BloggingStocks:
- American Express Co. (AXP) doubled its bottom line in Q4 while its provisions for losses fell.
- Blockbuster Inc. (BBI) warned of weakness in Q4 and lowered its guidance, sending shares lower.
- Coach Inc. (COH) better-than-expected Q2 earnings were accompanied by sales growth, but shares fell.
- Comerica Inc. (CMA) posted a smaller-than-expected Q4 loss, sending shares to a 52-week high.
- CSX Corp. (CSX) posted Q4 earnings that topped estimates but its revenue fell short of expectations.
Continue reading Earnings Highlights: American Express, Coach, GE, Google, IBM, McDonald's ...
Posted Jan 22nd 2010 8:30AM by Steven Mallas (RSS feed)
Filed under: Earnings Reports, Internet, Google (GOOG), Microsoft (MSFT), Yahoo! (YHOO), Technology
Google (GOOG) proudly posted its fourth-quarter numbers on Thursday after the bell, probably assuming it would see a bid once the market digested its performance. But it didn't happen. Instead, the market sold the company on what I would call a very good report. Are you getting the feeling that the bullish sentiment on Wall Street is fading away?
The search giant, feared by both Microsoft (MSFT) and Yahoo! (YHOO), among others, said it made $6.79 per share on a non-GAAP basis. Which means management grew the bottom line by a more than respectable 33%. According to our earnings preview, the market was looking for $6.43.
Continue reading Google Delivers in the Fourth Quarter
Posted Jan 21st 2010 10:00AM by Steven Mallas (RSS feed)
Filed under: Earnings Reports, Forecasts, Internet, Google (GOOG), Microsoft (MSFT), Yahoo! (YHOO)
A big player in the tech sector is ready to report today. Google (GOOG) will publish Q4 results later this afternoon. Traders and investors alike get super excited when the search behemoth tells the world how it's doing.
I think the company will show that it's doing quite well. According to Earnings.com, expectations peg the per-share profit at $6.43. If that number is hit, then the growth rate will be a solid 26% (last year at this time, Google made $5.10 per share). Of course, most people aren't interested in hitting the projected stat, they want management to rise above it and demonstrate true earnings power.
Continue reading Google's Q4 Is Here: What Should We Expect?
Posted Jan 18th 2010 12:30PM by Tom Taulli (RSS feed)
Filed under: Google (GOOG), Cisco Systems (CSCO), Amazon.com (AMZN), Private Equity, salesforce.com inc (CRM), Initial Public Offerings
A new book, The Prince of Silicon Valley
, chronicles the dealmaking of the IPO king of the 1990s: Frank Quattrone. He made a fortune as he helped more than 100 tech companies go public, which included marquee names like Cisco (CSCO), Netscape and Amazon.com (AMZN).
But those days seem quaint. In fact, the tech IPO market has been a backwater for the past decade, even though there have been some big deals -- like the offerings of Google (GOOG) and Salesforce.com (CRM).
Continue reading Are Tech IPOs Passe?
Posted Jan 18th 2010 10:00AM by Tom Johansmeyer (RSS feed)
Filed under: Internet, Google (GOOG), Apple Inc (AAPL), New York Times'A' (NYT), News Corp'B' (NWS)
The New York Times (NYT) has been struggling to figure out the web, which has led to a debate over whether to charge for electrons that has spanned years. Well, the Times seems likely to take the plunge, hoping to replicate the successes of the Financial Times and Wall Street Journal ... except, of course, that the Wall Street Journal is famous for not really delivering profits. Fortunately, the new pay wall is expected to look more like the Financial Times than the Wall Street Journal. The New York Times is considering a "metered" system. Visitors will be able to read a certain number of articles free before being required to subscribe.
A friend of Arthur Sulzberger, according to New York Magazine's Daily Intel, said that the final word could come in a few days, a sentiment corroborated by a newsroom source who said that the plan could be announced within weeks. Yet, plans need to be implemented, so it could take months for the Times to begin charging for content.
Continue reading New York Times Online Business Model Could Be Only Days Away
Posted Jan 14th 2010 12:20PM by Mark Fightmaster (RSS feed)
Filed under: Deals, Competitive Strategy, Google (GOOG), Yahoo! (YHOO)
According to a published report in The Wall Street Journal , the Associated Press (AP) and Yahoo! (YHOO) are close to a deal that could drive up the price on AP stories distributed through Yahoo!'s news site.
The ever-popular "people familiar with the matter" told The Journal that the deal would include tighter restrictions, which would drive the price of the content higher. This deal could bring about a resolution in the "increasingly urgent issue in the media industry" of determining how news organizations and Internet outlets can co-exist. Some publishers feel that the Internet portals "unfairly profit from their work and cost them tens of millions of dollars in revenue."
Continue reading Yahoo! Nearing Content Deal with Associated Press
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