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MONDAY, NOVEMBER 23, 2009
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NEWS ABOUT: earnings forecast

earnings forecast stories: 9 news summaries
MARKETS

 Beige Book Boosts Dow Up 109 

Investors look past Intel to manufacturing

Apr 15, 09 3:15 PM CDT
(Newser) - Stocks rose late in today’s session, buoyed by decent news from the Fed’s Beige Book, the Wall Street Journal reports. The report showed manufacturing activity stabilizing or rising in five of 12 US districts, after months of declines. The Dow closed up 109.44 at 8,029.62.... More »

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Federal Reserve • Intel • Dow Jones • earnings reports • Nasdaq • S&P 500 • earnings forecast • Beige Book

MARKETS

 Dow Up 151 After Seesaw Day 

Housing data drags, but HP, Home Depot fuel optimism

Nov 18, 08 3:20 PM CST
(Newser) - Stocks finished up slightly today amid a raft of mixed economic and earnings news, MarketWatch reports. On light trading volume, the indices swung between significant gains and losses, and the Dow closed up 151.17 at 8,424.75. The Nasdaq clawed out of the red at the last moment,... More »

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NASDAQ • housing market • Dow Jones • Pepsi • S&P 500 • earnings forecast • Hewlett-Packard

MARKET Open

 Stocks Drop 
 on Retail, Auto Woes 

Dow drops, Best Buy disappoints, Detroit begs

Nov 12, 08 8:49 AM CST
(Newser) - Stocks headed south at the open today, as traders worried over a weak holiday season and the crashing auto industry. The Dow fell 166 points, while the S&P and Nasdaq shed 1.9% and 1.5% respectively. The latest sign of a retail apocalypse came from Best Buy, which... More »

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stock market • retail • Dow Jones • earnings reports • Best Buy • earnings forecast

MARKET open

 Stocks Dive on Poor Profits 

But as ever, trust this move as far as you can throw it

Oct 21, 08 8:51 AM CDT
(Newser) - Downbeat earnings put the kibosh on yesterday’s outbreak of optimism on Wall Street, sending stocks down at the open. The Dow dropped 107 points, while the Nasdaq and S&P fell 1.7% and 1.4% respectively, the Wall Street Journal reports. Dow components DuPont, Caterpillar, and Pfizer... More »

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stock market • Dow Jones • corporate earnings • DuPont • credit market • earnings forecast

EARNINGS REPORT

 Wal-Mart Profits Surge 17%

Retailers ups its outloo for the year after another strong quarter

Aug 14, 08 7:57 AM CDT
(Newser) - Wal-Mart's second-quarter profits surged 17%, spurred by bargain-hunting shoppers and tax-rebate checks, reports Bloomberg. The world’s largest retailer also revised its full-year estimates upward, while cautioning that rising energy and food costs make the outlook more volatile from week to week. The company said its net income rose to... More »

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earnings reports • retail sales • tax rebate • Wal-Mart • earnings forecast

EARNINGS REPORTS

Japanese Automakers See Bumpy Road Ahead

Honda's profits down 86%, Mitsubishi's off 37%—and forecasts call for more of same

Apr 25, 08 1:47 PM CDT
(Newser) - A strong yen is hurting Japan's automakers, the Wall Street Journal reports, with Honda and Mitsubishi announcing big declines in profits today and forecasting tough times ahead. Honda saw an 86% decline in profits for the quarter ended March 31; Mitsubishi's were down 37%. Mazda bucked the trend, with a... More »

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Toyota • earnings reports • Honda • Mazda • Mitsubishi • Japanese auto industry • earnings forecast

Starbucks Goes Decaf
on Earnings Outlook

Stumbling US economy will water down quarterly profits, '08 forecast

Apr 23, 08 7:05 PM CDT
(Newser) - The slumping US economy means Starbucks' quarterly profits won't meet estimates when figures are released April 30, the coffee giant said today. Analysts expected earnings of 21 cents per share for the quarter ended March 30; Starbucks expects 15 cents, the Wall Street Journal reports. It now predicts yearly sales... More »

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Starbucks • earnings reports • recession • earnings forecast

IBM to Buy Back $15B of Stock

Company raises its profit forecast

Feb 26, 08 3:04 PM CST
(Newser) - IBM will repurchase $15 billion of its own stock, it revealed today, leading the IT company to raise its profit forecast for the year to beat Wall Street predictions. The Armonk, NY-based computing giant will spend $12 billion on the buyback this year, the AP reports. The company told the... More »

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Wall Street • IBM • stock buyback • earnings forecast • analyst guidance • EPS • Sam Palmisano

Goldman Sees Bigger Losses for Big Banks

Predicts larger writedowns at Citi, Merrill, JP Morgan

Dec 27, 07 10:24 AM CST
(Newser) - Goldman Sachs has some bad news for Citigroup, Merrill Lynch, and JPMorgan Chase: An analyst predicts even bigger fourth-quarter writedowns for all three firms than they've already cottoned to, thanks to continued exposure to collateralized debt. The losses will be “significantly larger than investors are anticipating.” How large... More »

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Citigroup • Goldman Sachs • Merrill Lynch • bank • credit crisis • earnings forecast • JPMorgan Chase

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