NASDAQ Profits are Down, But Ahead of Expectations
Chrysler Reports a 44% Increase in Sales
Amazon Misses on the Top Line, But Beats on the Bottom; Guidance Below Estimates
UPS Expects Profits to Rise Between 9-15% for 2012 After Reporting a Dismal Q4
Pfizer’s Profits Fall by 50% As Lipitor Went Generic
Exxon Mobil Manages to Beat by a Small Margin; Stock Down Pre-Market
ADM’s Net Income Down 89% As Corn Prices Surge
Eli Lilly Beats on Revenues; Net Profits Fall 27%
Banco Santander Profits Fall by 98%
Earnings On Deck
Tuesday:
- Amazon.Com Inc AMZN
- Archer-Daniels-Midland Co ADM
- Biogen Idec Inc BIIB
- Broadcom Corp BRCM
- Manitowoc Co Inc MTW
- Pfizer Inc PFE
- Seagate Technology PLC STX
- United Parcel Service Inc UPS
- United States Steel Corp X
- Valero Energy Corp VLO
Wednesday:
- Corinthian Colleges Inc COCO
- Electronic Arts Inc EA
- Entropic Communications Inc ENTR
- Green Mountain Coffee Roasters Inc GMCR
- IAC/InterActivecorp IACI
- Jds Uniphase Corp JDSU
- Las Vegas Sands Corp LVS
- ON Semiconductor Corp ONNN
- Qualcomm Inc QCOM
- Shutterfly Inc SFLY
- Whirlpool Corp WHR
Thursday:
- Acme Packet Inc APKT
- Atwood Oceanics Inc ATW
- Beazer Homes USA Inc BZH
- Boston Scientific Corp BSX
- Cameron International Corp CAM
- CME Group Inc CME
- Constant Contact Inc CTCT
- Cummins Inc CMI
- Diamond Offshore Drilling Inc DO
- Gilead Sciences Inc GILD
- Mastercard Inc MA
- Merck & Co Inc MRK
- Meritor Inc MTOR
- National Oilwell Varco Inc NOV
- NetSuite Inc N
- Patriot Coal Corp PCX
- Power One Inc PWER
- Royal Gold Inc RGLD
- Tesoro Corp TSO
- Zillow Inc Z
U.S. Stocks in Longest Valuation Slump Since Nixon
By Inyoung Hwang and Whitney Kisling – Jan 30, 2012 9:35 AM ET
Valuations for U.S. equities have been stuck below the five-decade average for the longest period since Richard Nixon’s presidency, a sign investors don’t trust earnings even after a three-year bull market.
Analysts estimate profits in the Standard & Poor’s 500 Index will reach a record $104.78 this year after increasing 125 percent since the end of 2009, the fastest expansion in a quarter century, according to data compiled by Bloomberg. American companies are boosting income so much that even after stocks doubled, the S&P 500 hasn’t traded above its 16.4 mean ratio for 446 days, the longest stretch since the 13 years beginning in 1973.
Battered by the 14 percent decline in the S&P 500 since 2000, the worst financial crisis since the Great Depression and the so-called flash crash 21 months ago, investors are staying away from stocks, even after record profits, 10 quarters of U.S. economic growth and promises by the Federal Reserve to keep interest rates near zero through 2014. Of the $37 trillion erased from global equities in the credit crisis, $24 trillion has been restored.
“After two significant bear markets, the flash crash and the lost decade, many have simply said, ‘No mas,’” Howard Ward, who helps oversee $35 billion at Gamco Investors Inc. in Rye, New York, said in an e-mail on Jan. 24. “Of course, bull markets have a history of climbing a wall of worry. And it is happening again.”
Read the rest here.
Comments »Earnings On Deck
Monday:
- Baidu Inc BIDU
- Sify Technologies Ltd SIFY
- Vulcan Materials Co VMC
- Wendy’s Company WEN
Tuesday:
- Amazon.Com Inc AMZN
- Archer-Daniels-Midland Co ADM
- Biogen Idec Inc BIIB
- Broadcom Corp BRCM
- Exxon Mobil Corp XOM
- Manitowoc Co Inc MTW
- Pfizer Inc PFE
- Seagate Technology PLC STX
- United Parcel Service Inc UPS
- United States Steel Corp X
- Valero Energy Corp VLO
Wednesday:
- Corinthian Colleges Inc COCO
- Electronic Arts Inc EA
- Entropic Communications Inc ENTR
- Green Mountain Coffee Roasters Inc GMCR
- IAC/InterActivecorp IACI
- Jds Uniphase Corp JDSU
- Las Vegas Sands Corp LVS
- ON Semiconductor Corp ONNN
- Qualcomm Inc QCOM
- Shutterfly Inc SFLY
- Whirlpool Corp WHR
Thursday:
- Acme Packet Inc APKT
- Atwood Oceanics Inc ATW
- Beazer Homes USA Inc BZH
- Boston Scientific Corp BSX
- Cameron International Corp CAM
- CME Group Inc CME
- Constant Contact Inc CTCT
- Cummins Inc CMI
- Diamond Offshore Drilling Inc DO
- Gilead Sciences Inc GILD
- Mastercard Inc MA
- Merck & Co Inc MRK
- Meritor Inc MTOR
- National Oilwell Varco Inc NOV
- NetSuite Inc N
- Patriot Coal Corp PCX
- Power One Inc PWER
- Royal Gold Inc RGLD
- Tesoro Corp TSO
- Zillow Inc Z
Altria’s Profits Fall 9%
Honeywell Beats by a Small Margin With Excellent Revenue Growth
Proctor & Gamble Profits Down 49%; Company Guides Lower
Ford Misses by a Nickel
Starbucks Coffee Shipped Above 100 Mln K-Cup Packs At Late 2011 – Quick Facts
Comments »Starbucks Coffee Co. (SBUX) said at the end of 2011, just two months after the launch, it shipped more than 100 million K-Cup packs and achieved a weighted All Commodity Volume distribution across all channels of around 71%. Read More.
