Shares of tech giant Netflix (NFLX) are tumbling in premarket trading this morning after the company reported last night that it lost a massive 800,000 subscribers last period, due to price changes and a decision to split its streaming and DVD rental business. Netflix reported its third quarter results last night, which were actually above analyst estimates, but shares are tradign down over 35% in premarket trading as investors react to ...

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 ...

Shares of financial giant State Street (STT) are trading sharply higher this morning after the company posted better than expected results for its first quarter this morning. Going into this morning's first quarter earnings report, analysts had been expecting to see State Street report earnings of $0.85 per share, but actual earnings came in above estimates at $0.88 per share. During the same period last year the company had earnings of $0.75. Revenues ...

The market is set for a lower open this morning following weaker than expected first quarter revenues from bellwether stock Alcoa (AA). Going into last night's first quarter earnings report, analysts had been expecting to see Alcoa report earnings of $0.27 per share, on revenues of $6.3 billion. Alcoa kicked off the earnings season by posting better than expected earnings of $0.28 per share, but revenues disappointed at just $6 billion. The company ...

Auto retail giant Carmax (KMX) will be reporting its fourth quarter earnings Thursday before the market opens. Going into tomorrow's earnings report, analysts are expecting to see Carmax report earnings of $0.38 per share. During the same period last year the company had earnings of $0.33. Carmax has a strong history of posting better than expected earnings... easily surpassing analyst estimates for each of its past 8 quarters. Over the past month the ...

It's a positive day for the overall market, and several big name stocks are riding the positivity to hit new 52 week highs in today's session. Here are a few stocks that have traded up to new 52 week highs: Frontier Oil Corporation (FTO) : The stock hit a new 52 week high today of $29.47, and is currently trading up 3.2% to $29.47, up $0.91. Oil prices are up $0.65 ...

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 ...

JMFSP62GSPYJ Video game retailer GameStop (GME) is trading sharply higher today after the company posted strong numbers for its fourth quarter. GameStop had a very respectable 10% jump in sales, spurred by strong demand for hit titles such as Activision (ATVI)'s Call of Duty Black Ops. Going into this morning's earnings report, analysts had been expecting to see GameStop post earnings of $1.55 per share, but actual earnings came in slightly higher at ...

It was a positive day for the stock market, and despite global turmoil the overall markets all managed to post gains on the day. The DOW closed the session up 0.56%, the NASDAQ was up 0.54% and the S&P closed the day up 0.3%. Along with an overall up market, we also saw a couple big name stocks hit new 52 week highs during the day. Here are a couple of notable ...

Lost of stocks hitting new 52 week highs today with the DOW being up 0.4%, and the NASDAQ up 0.7%. Here are a couple of the stocks that traded up to new highs today: Motorola (MOT) currently up 1.4% and hit new 52 week high of $9.05, currently trading at $9.01. Qualcomm (QCOM) currently up 1.0% to $49.94 and hit 52 week high of $49.98. Procter & Gamble (PG) hit a new 52 week ...