Earnings from operation in Hewlett Packard’s (HPQ) Services division grew 227% to $1,289 million from $567 million in the year ago period driven by the EDS acquisition completed on August 26, 2008. The year ago quarter ended July 31, 2008…
In light of recent events at Bear Stearns, Lehman Brothers and Merrill Lynch, there was a lot of fear heading into Goldman Sach’s (GS) 3rd quarter earnings report this morning (GS FY 3Q Earnings Release). But, as far as I…
A couple weeks ago, Steve Eisman of FrontPoint Partners (made famous by Michael Lewis’s The Big Short) made an epic takedown of the for-profit education industry at the Ira Sohn Investment Conference in New York. Eisman titled his talk “Subprime…
Google (GOOG) is trading at $345 a share as I write this – down 54% from its high of $747 last November. That gives it a market cap of about $110 billion. Subtract the $14 billion in cash and investments…
While I have written a fair amount about the “Leaders of the Future” – stocks who have been beaten down but that I believe will come back and thrive down the road – not all stocks that are down big…
Admittedly, Netflix (NFLX) is kicking butt. Its fundamentals are superb with 20%+ quarterly subscriber, revenue and earnings growth. But mightn’t the stock have gotten a little ahead of itself after a 250% run over the last 18 months? I’m not…