You might think that in a weak economy, consumers would cut back on things like trips to Disney’s theme parks. But their theme park revenues and earnings for the quarter ended March 31, released yesterday, were impressive. Revenues were up…
How has Toyota stayed ahead of the pack? The answer has a lot to do with another distinctive element of Toyota’s approach: defining innovation as an incremental process, in which the goal is not to make huge, sudden leaps but,…
As outlined in our recent letter to the Yahoo Board, unless we make progress with Yahoo towards an agreement by this weekend, we will reconsider our alternatives. We will provide updates as appropriate next week. These alternatives clearly include taking…
US economic activity deterioriated more rapidly than expected during the quarter. – Scott Davis, Chairman and CEO, UPS We see no signs of economic strengthening in the second quarter. – Kurt Kuehn, CFO, UPS Contributing to the softness in revenues…
Reading Apple’s (AAPL) financial reports is sick. It’s like looking at those comic book superheroes with monstrous muscles and tiny waists. It’s unreal. In the just completed quarter, Apple had revenues of $7.5 billion – up 43% from the year…
Freeport McMoran (FCX), the largest publicly traded copper company, reported 1st quarter earnings this morning before the open. The numbers were good: revenues up 24%, operating income up 62% and net income up 81%. That’s no surprise as copper prices…
We are concerned that expectations may be too high with the stock rebounding over 45% in recent weeks. …… Recall that in only the past year, Apple stock has been below $100, more than doubled to above $200 and fell…
Well, well, well, whatdyaknow: Google beat analyst expectations (GOOG Earnings Release) and the stock, weighed down by fear and pessimism, is borne again. Google lovers must be feeling like they’ve been touched by the holy ghost because they are buying Google in…
With no clear indication of which way revenues are trending, this is a tough quarter to trade. – Jason Helfstein, Analyst, Oppenheimer The uncertainty surrounding Google’s forthcoming 1st quarter earnings report is incredible. Are they going to meet? Will they…
…..that the market is driven by perception rather than fact, today is a good day for you to pay attention. That’s because a few mediocre earnings reports have led to a big rally as investors interpret them to mean that perhaps the worst is…