Market News
After Weak Earnings IBM Is Playing Catch Up This Year
Forbes - 19 Apr 2013 22:29
International Business Machines has relied on Analytics, Smarter Planet, IBM cloud and other new initiatives to drive growth the past few quarters and this continued in Q1 2013 as well.
Icahn Unlikely to Bid for Dell Before Vote
Wall Street Journal - 19 Apr 2013 22:00
Investor Carl Icahn is unlikely to follow through on a preliminary offer he made to take control of Dell, and will instead consider a potential hostile bid if shareholders reject an offer from Michael Dell.
Actively Managed Funds: A Faulty Product?
Forbes - 19 Apr 2013 21:57
We have some fairly high expectations of the products we buy.
Business as usual for F1 despite Bahrain protests
CNN - 19 Apr 2013 19:01
Formula One's regulators confirm Sunday's Bahrain Grand Prix will go ahead as scheduled, despite protests in the Gulf state.
Fitch Downgrades U.K.
Wall Street Journal - 19 Apr 2013 18:43
Fitch Ratings has stripped the U.K. of its top-grade triple-A rating, following a similar move by Moody's Investors Service earlier this year.
Forbes Earnings Preview: CIT Group
Forbes - 19 Apr 2013 18:12
Analysts are expecting CIT Group (CIT) to return to profitability when it reports its first quarter earnings on Tuesday, April 23, 2013. Analysts are expecting CIT to come in at 89 cents per share, bouncing back from a l...
Forbes Earnings Preview: Nabors Industries
Forbes - 19 Apr 2013 18:12
Analysts expect decreased profit for Nabors Industries (NBR) when the company reports its first quarter results on Tuesday, April 23, 2013. Although Nabors reported profit of 49 cents a year ago, the consensus estimate c...
Forbes Earnings Preview: AK Steel
Forbes - 19 Apr 2013 18:12
AK Steel (AKS) reports its first quarter earnings on Tuesday, April 23, 2013.
Forbes Earnings Preview: Arch Coal
Forbes - 19 Apr 2013 18:12
Arch Coal (ACI) reports its first quarter earnings on Tuesday, April 23, 2013.
Forbes Earnings Preview: FMC Technologies
Forbes - 19 Apr 2013 18:11
Analysts expect higher profit for FMC Technologies (FTI) when the company reports its first quarter results on Tuesday, April 23, 2013. The consensus estimate is calling for profit of 46 cents a share, reflecting a rise ...
Forbes Earnings Preview: Ingersoll-Rand
Forbes - 19 Apr 2013 18:11
Wall Street is expecting higher profit for Ingersoll-Rand (IR) when the company reports its first quarter results on Tuesday, April 23, 2013. The consensus estimate is calling for profit of 41 cents a share, a rise from ...
Forbes Earnings Preview: Panera Bread Co
Forbes - 19 Apr 2013 18:11
Panera Bread (PNRA) reports its first quarter earnings on Tuesday, April 23, 2013.
Forbes Earnings Preview: Torchmark
Forbes - 19 Apr 2013 18:10
Torchmark (TMK) reports its first quarter earnings on Tuesday, April 23, 2013.
BlackRock Buys 30-Yr Treasury Bonds
Wall Street Journal - 19 Apr 2013 17:55
BlackRock Inc., the world's biggest money manager, has turned bullish on 30-year Treasury bonds at a time when worries over the economy have derailed some investors' expectations for higher yields and lower prices.
Forbes Earnings Preview: ARM Holdings plc (ADR)
Forbes - 19 Apr 2013 17:44
Optimism surrounds ARM Holdings (ARMH), as it gets ready to report its first quarter results on Tuesday, April 23, 2013. Analysts are expecting the company to book a profit of 17 cents a share, up from 13 cents a year ag...
Forbes Earnings Preview: VMware
Forbes - 19 Apr 2013 17:44
Analysts foresee VMware (VMW) announcing decreased profits on Tuesday, April 23, 2013, when it reports its first quarter earnings. Despite this, they are generally optimistic about the stock.
Forbes Earnings Preview: Owens & Minor
Forbes - 19 Apr 2013 17:43
Owens & Minor (OMI) is expected to report poor first quarter earnings on Tuesday, April 23, 2013 with analysts expecting a 8.7% drop in earnings from a year ago. The consensus estimate is 42 cents per share, down from ea...
Forbes Earnings Preview: Edwards Lifesciences
Forbes - 19 Apr 2013 17:40
Wall Street is optimistic about Edwards Lifesciences (EW), which is slated to report its first quarter results on Tuesday, April 23, 2013. Analysts project a profit of 76 cents a share, a rise from 53 cents per share a y...
Forbes Earnings Preview: Broadcom
Forbes - 19 Apr 2013 17:40
Analysts foresee Broadcom (BRCM) announcing decreased profits on Tuesday, April 23, 2013, when it reports its first quarter earnings. Despite this, they are generally optimistic about the stock.
Forbes Earnings Preview: Illinois Tool Works
Forbes - 19 Apr 2013 17:32
Analysts are looking for decreased profit for Illinois Tool Works (ITW) when the company reports its results for the first quarter on Tuesday, April 23, 2013. Illinois Tool reported profit of 97 cents a year ago, but the...
Forbes Earnings Preview: Pentair, Inc.
Forbes - 19 Apr 2013 17:32
In spite of an expected dip in profit, most analysts are positive about Pentair (PNR) before it reports its third quarter earnings on Tuesday, April 23, 2013.
Forbes Earnings Preview: PACCAR
Forbes - 19 Apr 2013 17:31
Analysts expect decreased profit for PACCAR (PCAR) when the company reports its first quarter results on Tuesday, April 23, 2013. Although PACCAR reported profit of 91 cents a year ago, the consensus estimate calls for e...