What Does Alcoa’s (AA) Weak Earnings Mean For The Rest of the Market?

Posted On Tuesday, 11 Oct 2011 By . Under After the Bell, Bad News, Earnings, Major Moves  Tags: , , , , , , , , , , , , , , , , , , , , ,   
What Does Alcoa’s (AA) Weak Earnings Mean For The Rest of the Market? Aluminum maker Alcoa (AA) kicked off the earnings season this afternoon, posting disappointing third quarter results. Going into this afternoon's earnings report, analysts had been expecting to see Alcoa post earnings of $0.22 per share, but were disappointed to see earnings come in under expectations at $0.15 per share. Despite missing its earnings estimate, the company was able to post better than expected revenues for the quarter of $6.4 billion, above the ...

Some big names set new highs today (AMZN, RSH, MS, TJX)

Posted On Monday, 26 Oct 2009 By . Under After the Bell, Earnings, Forecasts, Good News, New Highs  Tags: , , , , , , , , , , , , , , , , , , , , , ,   
Some big names set new highs today (AMZN, RSH, MS, TJX) The market ended the day in the red, but several companies went against the trend and rose to new 52 week highs today. Amazon (NASDAQ: AMZN) rose to a new 52 week high today of $125.68 and ended the session up 5.2% to 124.6399. The company is still riding high on last week's solid earnings report. The company was expected to show earnings of 33 cents per share, but came in ...

Stock upgrades and downgrades: DKS, STT, JPM, SLB, BTU, APC, BHI, BJS

Posted On Thursday, 15 Oct 2009 By . Under Bad News, downgrades, Good News, upgrades  Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,   
Stock upgrades and downgrades: DKS, STT, JPM, SLB, BTU, APC, BHI, BJS A lot of big name stocks received upgrades and downgrades today. Here are a few such stocks: Analyst upgrades: Dick's Sporting Goods (NYSE: DKS) was upgraded today to Neutral from Underperform by Buckingham. State Street Corp (NYSE: STT) was upgraded by CLSA to Outperform from Underperform and the broker lifted its price target on the stock to $62 from $45. JP Morgan Chase (NYSE: JPM) received an upgrade today from Fox-Pitt to Outperform from ...

DOW closes over 10,000, some big names hit new highs: INTC, JPM, EMC

Posted On Wednesday, 14 Oct 2009 By . Under After the Bell, Earnings, Major Moves  Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,   
DOW closes over 10,000, some big names hit new highs: INTC, JPM, EMC The DOW closed above the psychological 10,000 mark today for the first time in a year, and ended the day up 1.47% to 10,115.86. The first time that the DOW rose above the 10,000 mark was all the way back in 1999, and at that time investors celebrated, and drank champagne, but this time it was not so much a reason to celebrate as a reason to relax a bit, as ...

Stock upgrades this morning

Posted On Friday, 24 Oct 2008 By . Under Market Updates  Tags: , , , , , , , , , , , , , , , ,   
Stock upgrades this morning It has definitely been a tough market lately, and today looks like another market crash, but we have here a few stocks that were upgraded this morning, and should have OK days as a result Chico’s FAS (CHS) : Thomas Weisel lifted its rating on the stock to a market weight. Estee Lauder (EL) : Piper Jaffray lifted its rating on the stock from a sell rating to a neutral. Jetblue (JBLU) : ...