The market has long been expecting news that software giant Google Inc. (NASDAQ: GOOG) will be joining the world of mobile phones, and reports today suggest that we can expect to hear some official news from the company within the next 2 weeks. According to an article from the Wall Street Journal, sources close to the company believe that we are about to get the news that we have been waiting ...

Look for a strong day today from software giant Microsoft Corp. (NASDAQ: MSFT) after the company posted very strong fiscal first quarter earnings that shattered analyst estimates. For its fiscal first quarter the company showed a profit surge of 23 percent, with a reported $4.29 billion in profit, and 45 cents per share for its stockholders. This easily beat out analyst estimates which had predicted to see the company come in ...

Oil prices had been retreating earlier in the day, but after the release of this weeks inventory report from the U.S. Energy Department prices have reversed and the bulls are pushing prices well into the green on the day. Currently the precious crude has traded up $1.05 to $86.32. Before today's report, analysts had been expecting to see an increase of around 300,000 barrels of oil, but the report actually showed ...

Shares of Apple Computer (NYSE: AAPL) have been trading up nicely today after last night's earnings release. The stock has been up about 7 percent for most of the session after shattering its fiscal fourth quarter. Wall Street analysts had been expecting to see the computer giant post earnings of $0.85 cents per share, but the company surprised to the upside with a remarkable $1.01 per share. The company outpaced its ...

We have another big round of earnings coming out this morning. Three names that are going to be releasing earnings this morning are Halliburton (NYSE: HAL), Hasbro Inc. (NYSE: HAS) and Merck & Co. (NYSE: MRK). Let's take a look at what Wall Street is expecting to see this morning: Halliburton (NYSE: HAL) : Halliburton will be releasing its third quarter earnings before the market opens, and analysts are expecting to ...

Wall Street has been trading lower today, mostly in reaction to poor earnings out of Banc of America (NYSE: BAC). The financial giant had been expected to post earnings for its third quarter of $1.06, but were shocked when the company posted actual earnings of only 82 cents a share. The company attributed its 32 percent drop in third quarter profit to trading losses and write-downs on a wide variety of ...

Alcloa Inc. (NYSE: AA) reported its third quarter earnings last night following the market close, and the stock is looking to open flat to slightly higher this morning. The stock is currently trading 0.1% higher this morning in the premarket, picking up $.03 to $39.75. The company was expected to show earnings of 65 cents per share, but fell short of expectations with a reported 63 cents a share. The company ...

Futures and fair values are looking for a slightly lower open this morning. Investor's are looking to be a bit tentative as the current earnings season gets ready to get under way. There are a couple of big names putting up earnings this week, the most notable being Alcoa Inc. (NYSE: AA) which will officially kick off earnings Tuesday following the market close. Another thing we like to watch here is ...

This upcoming week there are going to be several notable big name companies reporting financial earnings that we will need to watch out for. Monday: YUM Brands Inc. (NYSE: YUM) will be reporting its third quarter earnings Monday after the market closes. The stock is expected to report to shareholders that it earned 45 cents per share during the quarter. For the same period last year the company came in with 42 ...

Shares of Research in Motion Ltd. (NASDAQ: RIMM) look to open strong this morning following last night's strong second quarter earnings release. As we noted yesterday in our earnings preview, RIMM was expected to show investors earnings of 50 cents per share for its second quarter, and that is exactly what earnings turned out to be. The maker of the popular Blackberry said that profit and revenue both doubled during the ...