Earnings

With so much written about Apple (NASDAQ: AAPL), I am amazed that so few have focused on the most important driver of its stock price: the company 270% return on invested capital ("ROIC"). The most common bear arguments for AAPL are: The stock has gone up so much already, it cannot continue It is...

Antofagasta PLC (OTC: ANFGY) reported a rise in its first-quarter earnings. Antofagasta's quarterly earnings before interest, taxes, depreciation and amortization (EBITDA) climbed 35% y/y to $1.1 billion. Its revenue surged 39% to $1.76 billion. Antofagasta's gold output jumped to 63,500 troy...

Teva Pharmaceutical Industries Limited (NASDAQ: TEVA) posted a rise in its first-quarter profit. Its quarterly profit climbed to $859 million, or $0.97 per share, versus $761 million, or $0.84 per share, in the year-ago quarter. Excluding one-time items, Teva earned $1.47 per share, up from $1.04...

For as long as I have had coverage on Electronic Arts (NASDAQ: EA), the bulls have tended to outnumber the bears. The videogame industry is very exciting, full of splashy gamer and analyst conventions to show off the next big game or piece of technology. Therefore, I can’t blame the run of the...

Genesee & Wyoming Inc (NYSE: GWR) reported better-than-expected first-quarter earnings. Genesee & Wyoming's quarterly net income came in at $22.2 million, or $0.52 per share. Its revenue climbed 8% to $207.4 million. However, analysts were expecting earnings of $0.49 per share on revenue...

Talisman Energy Inc (NYSE: TLM) reported a profit in the first quarter. Talisman Energy posted its quarterly earnings at $291 million, or $0.28 per share, versus a year-ago net loss of $326 million, or $0.32 per share. Its earnings from operations climbed to $167 million, or $0.16 per share,...

Mercury General Corp (NYSE: MCY) reported a 26% rise in its first-quarter earnings. Mercury General's quarterly profit surged to $73.4 million, or $1.34 per share, from $58.2 million, or $1.06 per share, in the year-ago period. Its operating income dropped to $0.71 per share from $0.72 per share...

NYSE Euronext (NYSE: NYX) reported a drop in its profits in the first quarter. NYSE Euronext's quarterly profit dropped 32% to $121 million. Its revenue declined 17% to $952 million in the quarter. NYSE Euronext also declared a cash dividend of $0.30 per share for the second quarter. Its net...

By Joel Elconin, PreMarketInfo.com   By my nature I am a contrarian.  I try to take cues from the herd and go the other way.  For me, it is so tempting to fade the crowd and try to predict crucial turns in the market.  However, I always try and base my contrarian calls on something more...

WellPoint Inc (NYSE: WLP) reported a drop in its first-quarter profit and lifted its forecast. WellPoint's quarterly profit fell to $856.5 million, or $2.53 per share, from $926.6 million, or $2.44 per share, in the year-ago period. Excluding net investment gains, WellPoint earned $2.34 per share...