» Corporate

Positive Earnings Reports Coming In This Morning….

Barry Lauterwasser — Thu, 22 Jul 2010 13:39:25 +0000

Ebay & Qualcomm report positive earnings

Caterpillar tops view and raises outlook

3M tops expectations and raises their outlook

Royal Carribean ups 2010 outlook

A.T.&T. tops view and raises forecast

UPS profits soar

Intel CEO confident of return to sales, PC growth

Barry Lauterwasser — Tue, 11 May 2010 23:15:59 +0000

(Reuters) – Intel Corp (INTC.O) expects annual earnings growth to double over the next few years, bolstered by an expected 15 percent to 16 percent expansion in the global personal computer market. Read the full story HERE.

Toyota Posts $2.2 Billion Annual Profit

Barry Lauterwasser — Tue, 11 May 2010 11:05:17 +0000

TOKYO — Toyota roared back to a profit in the fiscal year that just ended and forecast a further jump in earnings on Tuesday, shaking off the effects of a crippling world recession and a recall scandal linked to faulty pedals that has threatened to ruin the Japanese automaker’s cherished reputation for quality.Read the full story HERE.

Buffett’s Berkshire has highest profit since 2007

Barry Lauterwasser — Sat, 08 May 2010 16:26:18 +0000

(Reuters) – Warren Buffett’s Berkshire Hathaway Inc (BRKa.N) (BRKb.N) on Friday reported its largest quarterly profit since 2007, helped by an improving economy, investment and derivative gains, and the takeover of Burlington Northern Santa Fe Corp. Read the full story HERE.

Caterpillar beats forecasts and raises outlook

Barry Lauterwasser — Mon, 26 Apr 2010 14:16:18 +0000

(Reuters) – Caterpillar Inc (CAT.N) reported a stronger-than-expected quarterly profit on Monday and raised its full-year sales forecast above Wall Street estimates, citing an improving global economy, especially in Asia and Latin America. Read the full story HERE.

Wynn Macau posts 77.6 percent rise in net profit

Barry Lauterwasser — Wed, 24 Mar 2010 00:36:02 +0000

Reuters) – Wynn Macau (1128.HK) on Wednesday posted a 77.6 percent jump in second-half earnings, as more Chinese gamblers placed their bets in the Macau operations of Las Vegas casino operator Wynn Resorts (WYNN.O), thanks to soaring economic growth. Read the full story HERE.

Lowe’s results top view; sees higher 2010 sales

Barry Lauterwasser — Mon, 22 Feb 2010 14:36:35 +0000

NEW YORK (Reuters) - Lowe’s Cos Inc (LOW.N) reported better-than-expected quarterly results on rising lumber prices and demand for appliances, and the No. 2 U.S. home improvement chain forecast a sales rise in 2010.

Read the full story HERE.

HP raises 2010 outlook as results beat Street view

Barry Lauterwasser — Thu, 18 Feb 2010 13:03:02 +0000

SAN FRANCISCO (Reuters) - Hewlett-Packard Co posted better-than-expected results on strong server and personal computer sales and a resurgence in its printing business, and the company raised its full-year outlook.

Read the full story HERE.

Visa 1Q profit rises 33 percent, beats estimates

Barry Lauterwasser — Thu, 04 Feb 2010 12:03:32 +0000

DES MOINES, Iowa – Visa Inc. on Wednesday said its profit rose 33 percent in the fiscal first-quarter on increased revenue, even as consumers pull back sharply on spending amid the recession.

The payment processing giant reported net income of….read the full story HERE.

Costco January same-store sales top estimates

Barry Lauterwasser — Thu, 04 Feb 2010 11:58:42 +0000

(Reuters) – Costco Wholesale Corp reported a better-than-expected 8 percent increase in January same-store sales, helped by a weak dollar and higher gasoline prices.

Read the full story HERE.