November 3, 2011 – 11:25 am
“Earnings estimators are too pessimistic at bottoms and too optimistic at tops,” explains EWI’s president Robert Prechter November 03, 2011 By Elliott Wave International Four times a year, investors and Wall Street watch the quarterly corporate earnings reports, trying to anticipate the trend in stocks. Another earnings season is upon us right now, so read [...]
Intel’s Income, Revenues Surprisingly Strong The chip giant easily beat consensus estimate on the top and bottom lines in its first-quarter report last night, bucking pessimistic forecasts for the PC market in general. Intel reported a 29 percent increase in earnings and a 25 percent hike in revenue over the year-ago period. INTC is up [...]
February 16, 2011 – 9:34 am
U.S. stock index futures are higher after gains in Asia and Europe, but it is one of the rare days when foreign news has not been a strong driver. Most of the focus has been on company-specific developments in the United States. In currencies, the dollar is trading fractionally lower against much of its basket. [...]
January 25, 2011 – 9:27 am
Tellabs Misses Estimates, Guidance Weak Tellabs reported loss of $0.03 a share, compared with expected profit of $0.08. Revenue was $410 million versus the $418 million estimate. The sales guidance was also weak and gross margins collapsed. A dismal report overall, and TLAB is down 21 percent in the pre. Travelers Earnings Beat Forecasts Travelers [...]
Options activity on Google Inc (GOOG) suggests about a 4 percent move in the stock with a moderate upside bias following the Internet giant’s earnings report due after the bell on Thursday. The July $500 calls were the most actively traded options for Google on Wednesday with 6,500 contracts, indicating that investors are betting on [...]
July 13, 2010 Stocks are posting substantial gains in mid-morning trading on Tuesday, with buying interest driven by a strong start to the earnings season by a number of key firms, including Alcoa (AA) and CSX Corp. (CSX). The major averages are moving higher for a sixth straight session. Early upside came in reaction to [...]
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