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Monday's Earnings Watch

Apple (AAPL, $162.93, down $2.22) reports earnings after the closing bell. Wall Street is expecting $1.08 a share. Mac sales are strong and this will likely be the key to where Apple trades on Tuesday. iPods will be steady and the new iPhone won’t add be adding anything to theRead more

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Get on the Imax Bus

LEAP Lottery Plays Doing Well

Let’s go over the report card for the Financial sector and see where we stand as far as it concerns some of our LEAP options. Wells Fargo (WFC, $27.86, up $0.03) started things off by beating Wall Street’s expectations and actually reported pretty decent numbers. The stock was at $21Read more

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Market Slumps Then Trumps

Microsoft Misses by a Penny

Microsoft (MSFT, $27.52, up $0.26) reported earnings that missed by a penny. The company reported profits of $4.3 billion, or $0.46 a share, up from a profit of $3.04 billion, or $0.31 a share, in the year earlier period. Although revenue rose 18% to $15.84 billion and topped analysts forecastRead more

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Can Google Do It Again?

Google (GOOG, $535.60, up $19.51) reports 2Q earnings today after the market closes and it will be interesting once again to see where Google will trade at in after-hours and where it will open on Friday. We can expect Google to comment on a lot of things and its differentRead more

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Market Rallies as Financial Sector Soars

Wells Fargo (WFC, $27.23, up $6.72). Many of the financial stocks that have been getting trounced came back strong as many investors are starting (or hoping) to believe the sector may have hit a bottom. The Dow ended the day up 276 points to 11,239, or 2.5%. The S&P 500Read more

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eBay's Earnings on Deck

eBay (EBAY, $27.90, up $1.01) is set to report earnings after the market closes today and is trading higher as we head towards the closing bell. The company is expecting earnings in the range of $0.39-$0.41 on revenue between $2.1 billion and $2.15 billion. Wall Street has them pegged atRead more

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Wells Fargo Wallops Wall Street

Wells Fargo (WFC, $25.01, up $4.51) is having a huge day after reporting earnings of $1.75 billion, or $0.53 a share, compared with $2.28 billion or $0.67 a share in the same period a year ago. Wall Street was looking for a profit of $0.49 a share. Although Wells Fargo’sRead more

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Intel Post Strong Earnings

Intel (INTC, $20.71, up $0.24) reported a stellar quarter after the bell as its 2Q profits soared 25%. The company reported earnings of $1.6 billion, or $0.28 a share on revenues of $9.5 billion. I mentioned the company could beat expectations by a penny and they tripled that. Not badRead more

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