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What's Better (for Commodity Investors) Than the Farmers' Almanac?
Friday, May 25, 2012 - 2:45pmBy Vincent Trivett This tech company's algorithm gets it right 80% of the time, a year ahead of time -- and delivered to your phone. Weather's unpredictability has contributed to the evolution of financial markets. Futures were developed to help farmers protect themselves from swings in the...
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For Hewlett-Packard, Not That Bad Is Good Enough
Thursday, May 24, 2012 - 12:12pmBy Michael Comeau Hewlett-Packard reported better-than-expected earnings and significant layoffs. Is Hewlett-Packard (HPQ) back in the saddle, even as Dell (DELL) keels over in the face of Apple's (AAPL) intergalactic domination of the gadget business? Some folks are voting yes, sending shares...
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Is Cutting Jobs the Right Move for Hewlett Packard?
Thursday, May 24, 2012 - 10:44am
Making layoffs is never easy, or at least it shouldn't be. Hewlett Packard (NYSE: HPQ) recently announced plans to 8% of its workforce, roughly 27,000 people, and, while analysts believe that it is a sound move, they are also saying that HPQ has more work to do before regaining the confidence of...
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Thursday, May 24, 2012 - 9:50am
No Magic Beans for Heinz as Net Falls 22%
It was revealed on Thursday that H.J. Heinz (NYSE: HNZ) saw fiscal fourth quarter earnings drop 22%. This can be largely put down to recent costs for productivity initiatives. However, sales did not grow as fast as the company was hoping, and margins shrank. The 4Q profit dropped $175.3 million,...
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Costco Sees Bulky Net Income Rise
Thursday, May 24, 2012 - 8:21am
It was revealed on Thursday that Costco's (NASDAQ: COST) fiscal third quarter net income shot up 19% on lower asset charges, as the buy-in-bulk wholesale store saw money come in from membership fees. The numbers certainly make for nice reading for COST executives, with the company posting earnings...
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Wednesday, May 23, 2012 - 5:17pm
Pandora Blares Triumphant Earnings
Internet music sensation Pandora Media (NYSE: P) has proven its fine-tuned worth with an excellent start to its 2013 fiscal year. With revenue growth of 58% in the past year, the online radio company has positioned itself for continued development and success in the coming months. Singing a very...
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Wednesday, May 23, 2012 - 10:31am
Ford not Junk Anymore
Ford's credit rating has been raised from Ba2 to Baa3 by Moody's, the second ratings agency to restore the Detroit car maker's investment grade rating, meaning that Ford's seven-year period of paying higher junk bond interest rates is over. What does that mean in the really real world? Well, Ford...
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Movado Watches its Shares Tick Higher after Strong Prelim Sales, Guidance
Wednesday, May 23, 2012 - 9:47amShares of Movado (NYSE: MOV) are seeing much strength during Wednesday's trading session after the company announced preliminary first quarter sales results that exceeded analysts' estimates. Movado announced preliminary results for the first quarter of fiscal 2013 and increased its prior guidance...
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Dell Blames the Sales Team for Tumbling Profit
Wednesday, May 23, 2012 - 9:18am
It was not a good second quarter for Dell (NASDAQ: DELL), as the company dropped up to 13% in German trading after reporting revenue that missed analyst expectations. Dell reported that revenue for the quarter ending July will be between $14.7 billion and $15 billion. The average estimate came in...
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Big Lots has Small Quarter
Wednesday, May 23, 2012 - 8:00am
It was revealed on Wednesday that Big Lots (NYSE: BIG) reported a lower-than-expected profit for the first quarter, falling some distance below Wall Street estimates for the current quarter. Income from continuing operations was reported at $40.8 million, or $0.63 per diluted share, for the first...
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