Today is the Day

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On the surface, earnings from IBM (NYSE: IBM) appeared excellent. The technology bellweather posted $3.59 a share in 4th Quarter earnings. That beat analysts’ expectations of $3.47 a share…. Read more

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Bearish on Oil? Don’t Be…

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The AP article starts off: Oil prices fell below $78 a barrel Tuesday amid the strengthening dollar and continued doubts about global demand for crude.
If "doubts about global… Read more

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China Must Play Ball

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Yesterday’s Daily Profit about Google’s (Nasdaq:GOOG) experience in China has raised some questions. Ray G. writes:
Anytime a government like the one China has can do whatever it pleases… Read more

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Ending Censorship?

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Google (Nasdaq:GOOG) has been attacked. According to the New York Times, last week somebody hacked into its systems, and may have stolen corporate data and source codes. Google is… Read more

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Alcoa Misses

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Alcoa (NYSE:AA) didn’t beat earnings expectations. It came in with a $0.01 profit after charges, instead of the $0.05 that analysts were expecting. That’s a big miss, and I’m… Read more

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Bullish on Earnings

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*****Oil is pushing past $83 a barrel after China reported a 21% increase in oil imports during the fourth quarter. That’s a huge jump, and serves as a perfect… Read more

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Earnings Season Outlook

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So far today stocks are shrugging off the somewhat disappointing non-farm payrolls number. The U.S. lost another 85,000 jobs in December. The employment picture remains bleak, but there is… Read more

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Earnings Season

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I heard there’s a new slogan making the rounds in corporate accounting departments. "Flat is the new up." I have to admit, that got a chuckle out of me…. Read more

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What’s Next?

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Corporate America seems to be asking "What’s next?" The U.S. economy has reached a point where demand is returning. Enough people are buying things again so corporate layoffs have… Read more

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