Archive for earnings
Important Week for Stock Market Coming Up
Posted by: | CommentsThis coming week will be an important one for the stock market. With some analysts calling the recent month long up trend a bottom, investors will be closely watching earnings reports from US companies releasing this week. Everyone knows that the Q1 2009 news will be bad and that companies probably continue to lose money even today, but the focus will be on what the companies say about the future.... Read more→
Wells Fargo Proves Good Banks Can Make Money
Posted by: | CommentsWhile traders and investors have wondered whether or not the recent stock market rally signaled a bottom for the markets, another question has hung in the air. How are the banks doing, and will any of them be able to make money, or are they just all going to be depending on big government handouts to survive? Wells Fargo helped answer part of that question Thursday morning when they projected profits... Read more→
Wal-Mart Has Good Earnings
Posted by: | CommentsPutting a little bit of a damper on all the recession talk, [tag]Wal-Mart[/tag] reported good 4th quarter earnings after refocusing on low prices during the Christmas shopping season. Wal-Mart in particular is a well regarded barometer regarding the economy because of its ubiquitous nature and lowest common denominator demographic. The theory basically is that during tough times, the middle class... Read more→
