Shares of Apollo Group (APOL) are off sharply in premarket trading after the company reported that it had swung to a loss during its fiscal second quarter. Going into this morning's earnings report, analysts had been expecting to see Apollo Group report earnings of $0.69 for its fiscal second quarter. Adjusted earnings were higher than estimates at $0.84 per share, but actual results showed a loss of $0.45 per share. The primary ...

The market is poised for another positive day as investors react to revised GDP numbers which show that the economy grew faster than previously thought at the end of last year. According to the Commerce Department, the economy grew at 3.1% during the fourth quarter, which is higher than analysts had been expecting to see. Going into today's report analysts had been expecting to see revised GDP output of 3.0%. Last month ...

A few more big names are going to get their chance to impress Wall Street when they report earnings tomorrow. Here are a few of the names that will be reporting tomorrow: Bristol Myers Squibb (BMY) : Bristol Myers will be reporting its first quarter results tomorrow. The company is expected to report earnings of $0.51 per share, verses $0.41 during the same period last year. The stock closed the day up ...

Some big name stocks set new 52 week highs today. Here are some of the stocks that were able to set new highs to head into the weekend: Microsoft (MSFT) : Tech giant Microsoft set a new 52 week high today, trading up to $31.58 before closing the trading session down 1.4% on the day to $30.96, down $0.43. The company posted better than expected fiscal Q3 earnings last night following ...

Shares of Xerox (XRX) are soaring today, and set a new 52 week high today after posting better than expected first quarter numbers. Going into this mornings earnings report, analysts were forecasting $0.15 per share, verses $0.05 during the same period last year. Actual earnings came in well above estimates, at $0.18 per share excluding special items. Revenues were up by 33% during the quarter to $4.7 billion. Analysts had forecast revenues of ...

Some more big name companies are going to take their turn reporting earnings tomorrow. Here are a couple of the stocks to keep an eye out for tomorrow when they report earnings: Amazon.com Inc. (AMZN) : Following tomorrow's market close, online auction giant Amazon is going to report its first quarter results. Analysts are forecasting earnings of $0.61 per share, verses $0.41 during the same period last year. American Express Co. (AXP) ...

A couple more big names are due to report earnings tomorrow as earnings season continues to move right along. Here are a couple of the names to watch out for tomorrow. McDonald's Corp. (MCD) : McDonald's is going to be reporting its first quarter numbers tomorrow with analysts forecasting $0.96 per share, verses $0.83 during the same period last year. The company will be reporting its Q1 numbers before the market ...

A couple of big name stocks picked up broker upgrades today. Here are a few of the companies that were upgraded this morning: Exxon Mobil (XOM) : Exxon was upgraded by Raymond James today to Outperform from Market Perform Dell Computer (DELL) : Dell was upgraded by Robert W. Baird & Co. to Outperform from Neutral Kroger (KR) : Kroger was upgraded by EVA Dimensions, LLC today to Buy from Overweight

This afternoon after the market closed, search engine giant Google Inc. (GOOG) reported better than expected earnings for its first quarter. As we noted in our Google earnings preview, analysts had forecast earnings of $6.60 for the quarter. Google outpaced analyst earnings by posting earnings of $6.76 a share. Despite posting better than expected earnings figures, the stock traded down nearly 5% in after hours trading as investors reacted negatively to the ...

The earnings season is officially under way, and so far earnings have been pretty positive. There are a couple of big names that will be reporting over the next couple days, including search engine giant Google Inc. (GOOG). Google Inc. (GOOG) : Google will be reporting its first quarter numbers tomorrow after the market closes. Wall Street has forecast earnings of $6.57 per share. For the same period last year the ...