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Market News

Location American Market News for 23 July 2013

Zynga (ZNGA) Loss Expected to Expand

Forbes - 23 Jul 2013 16:52
Zynga is expected to book a wider loss than a year ago when it reports second quarter earnings on Thursday, July 25, 2013.
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Optimism surrounds Dunkin' Brands, as it gets ready to report its second quarter results on Thursday, July 25, 2013. Analysts are expecting the company to book a profit of 40 cents a share, up from 33 cents a year ago.
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Wall Street is expecting higher profit for ABB when the company reports its second quarter results on Thursday, July 25, 2013. The consensus estimate is calling for profit of 36 cents a share, a rise from 28 cents per sh...
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CMS Energy (CMS) Profit Expected to Slip

Forbes - 23 Jul 2013 23:10
Analysts foresee CMS Energy announcing decreased profits on Thursday, July 25, 2013, when it reports its second quarter earnings. Despite this, they are generally optimistic about the stock.
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Goldcorp (GG) Profit Expected to Slip

Forbes - 23 Jul 2013 23:10
Despite an expected dip in profit, analysts are generally optimistic about Goldcorp as it prepares to reports its second quarter earnings on Thursday, July 25, 2013.
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Optimism surrounds Statoil as it gets ready to report its second quarter results on Thursday, July 25, 2013. Analysts are expecting the company to book a profit of 63 cents a share, up from 59 cents a year ago.
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AT&T Beats Expectations On Q2 Revenue, But Profit Slips America's largest wireless earned $3.8 billion in the last three months, surpassing analysts forecasts.
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Heat puts pressure on easyJet

Telegraph - 23 Jul 2013 20:04
Heat puts pressure on easyJet HSBC raised concerns about the impact of the hot weather on the airline.
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Red Bull, whose Formula One team has won the drivers' and constructors' titles for the past three years, could have a home race in Austria from 2014.
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Paul Krugman Is As Wrong About China As He Was About Singapore Krugman mistakenly assumed that Western analysis would correctly assess Eastern settings.
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Time For A New Tech Leader?

Forbes - 23 Jul 2013 18:12
Time For A New Tech Leader? The US market managed minor gains on Monday but should get a boost on the opening as news from China indicates the government is willing to take new action to revive their slowing economy. The Hang Seng Index gained over...
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Business news and markets: as it happened, July 23, 2013 European markets have been boosted on Tuesday, after France said its recession was over and data from Spain showed its economy contracted by the smallest amount in nearly two years.
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Freeport McMoran Overcomes Fatal Accident In Grasberg That Killed 28 To Deliver Profit Beat Freeport McMoran managed to deliver a solid second quarter despite seeing profit drop 32% and production fall on the back of a fatal accident at its Grasberg mine in Indonesia.
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Miss APO's $25 Secondary But Think It's A Buy At $20? Looking back to 75 days ago, Apollo Global Management LLC (NYSE: APO) priced a 21,100,000 share secondary stock offering at $25 per share. Buyers in that offering made a considerable investment into the company, expectin...
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Commit To Buy Hain Celestial Group At $65, Earn 8.7% Annualized Investors eyeing a purchase of Hain Celestial Group Inc (NASD: HAIN) shares, but cautious about paying the going market price of $73.30/share, might benefit from considering selling puts among the alternative strategies ...
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World stocks rise on China's economic moves, dollar slips World shares gain as China signals support for growth; US stocks flat to lower; Apple results awaited
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Warehouse War Threatens Big Banks And Metal Markets Low commodity prices have forced mine closures around the world, so the last thing investors in mining companies want to hear is that the flood gates on a vast supply of sidelined metal could soon be opened, further depr...
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Analysts expect higher profit for PulteGroup when the company reports its second quarter results on Thursday, July 25, 2013. The consensus estimate is calling for profit of 29 cents a share, reflecting a rise from 13 cen...
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General Motors (GM) Profit Expected to Slip

Forbes - 23 Jul 2013 17:14
In spite of an expected dip in profit, most analysts are positive about General Motors before it reports its second quarter earnings on Thursday, July 25, 2013.
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Wall Street is high on Harley-Davidson, expecting it to report earnings that are up 9% from a year ago when it reports its second quarter earnings on Thursday, July 25, 2013. The consensus estimate is $1.17 per share, up...
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Forbes Earnings Preview: Airgas (ARG)

Forbes - 23 Jul 2013 17:13
Airgas reports its first quarter earnings on Thursday, July 25, 2013.
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Forbes Earnings Preview: Credit Suisse (CS)

Forbes - 23 Jul 2013 17:12
Credit Suisse reports its second quarter earnings on Thursday, July 25, 2013.
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