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Wednesday, February 22, 2012 - 6:29am
Earnings Preview: Deckers Outdoor
UGG boots maker Deckers Outdoor (NYSE: DECK) is scheduled to report fourth-quarter 2011 results tomorrow, February 23, after the closing bell. The share price fell sharply in November and December, in part due to concerns about the impact of a warmer-than-expected winter on sales and the effect on...
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Wednesday, February 22, 2012 - 6:22am
Earnings Preview: American International Group
American International Group (NYSE: AIG) is scheduled to report fourth-quarter 2011 results tomorrow, February 23, after the markets close. The stock of this global insurance giant has been on the rise since the beginning of the year. And analysts are expecting a profit instead of the loss AIG saw...
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Sunday, February 19, 2012 - 9:46am
Earnings Expectations for the Week of February 20
The focus turns to earnings from retailers this week. Abercrombie & Fitch (NYSE: ANF) and Nordstrom (NYSE: JWN) kicked things off last week. The former posted lower earnings per share in line with estimates, while the latter narrowly beat EPS expectations but revenues fell short. Here is a look...
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Friday, February 17, 2012 - 6:06pm
Five ETFs For NASCAR Season (XLP, DIA, VROM)
It may seem like only a few months ago that NASCAR season, one of the most thrilling ever in fact, concluded, but every February brings about the dawn of a new season of America's most corporate sport. The Bud Shootout kicks off the season on Saturday and the Daytona 500, the Great American Race,...
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Wedbush Analyst Michael Pachter Comments on Yelp IPO
Friday, February 17, 2012 - 12:05pmWedbush analyst Michael Pachter appeared on CNBC earlier to discuss the upcoming Yelp IPO. The website is set to price its initial offering at $12-14 a share. Pachter said that Yelp had a lot of potential growth, as only 16,000 business currently pay for coverage. In total, Yelp has a potential...
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Friday, February 17, 2012 - 11:05am
Baidu Beats on Earnings, Sets Up Brazilian Showdown with Google
Baidu (NASDAQ: BIDU), the Chinese search engine giant, reported that quarterly revenue rose 82.5% as the company increased its mobile user presence. Fourth-quarter net income attributable to Baidu increased to RMB 2,050 billion, or $326.3 million, from RMB 1,161 a year earlier, the Beijing, China-...
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Friday, February 17, 2012 - 9:04am
Dow 13,000?The Dow Jones Industrial Average has been rallying all year and is approaching the key 13,000 level. With Dow futures up roughly 40 points in the premarket, a strong rally today could send the index above that level. Breaking 13,000 would send the market to a level it has not seen since mid-2008...
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Thursday, February 16, 2012 - 10:32am
Previewing Tomorrow's CPI
The Consumer Price Index data for January will be released Friday morning at 8:30 a.m. ET. The statistic is a measure of inflation based on changes in prices of fixed group of goods and services purchased by consumers. The one-month seasonally-adjusted CPI was unchanged in November and December. A...
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New ETF Deluge Continues On Thursday
Wednesday, February 15, 2012 - 4:28pmFollowing a flurry of new ETF introductions on Wednesday ETF issuers are showing they're not content to merely introduce a few new funds here and there as at least eight new ETFs will make their debuts on Thursday February 16, 2012. BlackRock's (NYSE: BLK) iShares business, the world's largest ETF...
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Wednesday, February 15, 2012 - 7:00am
Molson Coors Earnings Preview: EPS and Sales Growth Expected
Molson Coors (NYSE: TAP) is scheduled to report fourth-quarter 2011 results tomorrow, February 16, before the opening bell. Coors Light recently passed Budweiser as the number two best-selling beer in the U.S. And the brewer's MillerCoors venture said it would acquire Crispin Cider Company,...
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