Mon Apr 25, 2011 4:25am EST
For the quarter, net income attributable to Sohu.com was $44.81 million, higher than prior year’s $30.19 million. Earnings per share grew to $1.01 from $0.73 a year ago.
Adjusted net income, which excluded certain items, was $49.72 million, compared to $48.38 million last year, and earnings per share increased to $1.13 from $0.86 in the previous year.
On average, six analysts polled by Thomson Reuters expected the company to report earnings of $0.96 per share for the quarter. Analysts’ estimates typically exclude special items.
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Mon Apr 25, 2011 3:47am EST
I know the JP Morgan short theory might be a tall one. However, with silver up more than $4 to $49+, one has to wonder who got caught short, since the metal is clearly parabolic.
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Mon Apr 25, 2011 1:01am EST
Mon Apr 25, 2011 12:38am EST
Via Platts Oil:
Japan refiner JX is in talks with local customers to raise fuel oil prices 20%-22% from the Jan-Mar quarter because of higher oil prices
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Sun Apr 24, 2011 9:58pm EST
Sun Apr 24, 2011 9:46pm EST
Jim Grant believes the Fed will or must hold up the market. Some analysts asses the market will be in a correction mode given high unemployment, weak housing, and the anticipated ending of QE 2.
Therefor QE 3 is in order to continue the floating of asset prices…
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Sun Apr 24, 2011 9:31pm EST
Sun Apr 24, 2011 7:27pm EST
We have 1000+ companies reporting this week, here are some notable ones
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Sun Apr 24, 2011 6:28pm EST
“We just finished the assessment, and we are in the process of mobilizing the repairs,” Bughaigis told reporters in Benghazi, the de facto capital of the rebel-held east. “We believe we need a minimum of four weeks to get back on stream.”
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Sun Apr 24, 2011 12:54pm EST
[YouTube:http://www.youtube.com/watch?v=Td0jLCkaoz0&feature=youtu.be 616 500]
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Sun Apr 24, 2011 12:18pm EST
“Rather than demonstrating the advantages of centrally planned long-term investment, as its foreign admirers sometimes suggested, China’s bullet-train experience shows what can go wrong when an unelected elite, influenced by corrupt opportunists, gives orders that all must follow — without the robust public discussion we would have in the states.”
Read the rest here.
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Sat Apr 23, 2011 11:09pm EST
Sat Apr 23, 2011 11:05pm EST
Sat Apr 23, 2011 10:53pm EST
Sat Apr 23, 2011 5:25pm EST
Irrefutable evidence of Syrian soldiers firing on peaceful protesters. No word as to when Obama intends to intervene, as he did in Libya.
[YouTube:http://www.youtube.com/watch?v=cTO0gxsSse8&sns=em 616 500]
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Sat Apr 23, 2011 9:12am EST
Sat Apr 23, 2011 9:07am EST
“Silver’s move “is not parabolic yet,” Rogers tells gurufocus.com. “I hope something stops it going up. All parabolic bubbles pop. All parabolic moves end badly. Maybe the U.S. dollar becomes confetti and silver goes to $150 — that would be a U.S. dollar collapse.”
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Sat Apr 23, 2011 9:00am EST
Compounded inflation ? You have to read it for yourself…..
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Sat Apr 23, 2011 8:56am EST
Is history repeating itself ? It seems that China’s industrial revolution is consuming farm land at a rapid clip. With an aging population, empty cities, and a potential housing bubble; does China really need to build so quickly.
Secondly, as they grow over valuable farmland will they then bid up world food prices being the most liquid bidder for limited resources?
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Sat Apr 23, 2011 8:45am EST
Forget tracking your where abouts. Smartphones can reveal a lot more about you.
Smartphones can predict your behaviors, monitor cultural fads, notice a wave of political movements, and a bunch of things that seem almost impossible.
Guess this will all end up in individually targeted marketing and advertising…
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