Anybody would like to share if GNAU will touch .20 marka gain?
Beacon Contributors
Texas Instruments Guidance Raises Lower-End of Revenue and Earnings Range
Texas Instruments said Monday that it anticipates revenue to total between $3.07 billion and $3.19 billion, compared with a previously stated range of $2.95 billion and $3.19 billion, essentially raising its lower-end range estimate The company now anticipates earnings to reach between 48 cents per share and 52 cents, compared with previous guidance of [...]
AIG to Sell Unit for $15.5 Billion, Still Hemorrhages Cash
American International Group (NYSE: AIG) is expected to announce that it will sell another of the insurance carriers’ significant insurance unit to MetLife Inc. (NYSE: MET) in a deal worth $15.5 billion, said sources close tot he deal. The MetLife deal is the second in a week, together anticipated to raise $51 billion to [...]
Job Losses Continue in February, but Better-than-Expected
Investors cheered following the release of the Labor Department’s employment report on Friday, which showed that the number of jobs shed in February was less-than-expected. The unemployment rate remained unchanged at 9.7.
Expectations of steeper job losses due to terrible weather conditions during the month were unfulfilled following the Bureau of Labor Statistics (BLS) report [...]
Solarfun Beats Analysts’ Earnings Estimates, Revenue Falls Short
Solarfun posted a $1.6 million profit, or 3 cents per share, compared with a steep loss of $418.8 million, or $7.79 per share, for the equivalent quarter last year. Investors, however, were disappointed following guidance regarding unit price pressures anticipated through 2010.
Adjusted earnings totaled 25 cents per share, beating mean analysts’ estimate polled by [...]
Is Netflix Ripe for Selling?
Netflix (NFLX) was hit with three broker downgrades on Wednesday, March 3, following the previous day’s high of $70 in its stock price, touched at the open–an all-time high, and up 40% in only five weeks.
The downgrades were expected at some point while the stock cruised through targets set for it. Stocks which top [...]
Staples Earnings Fall 18%, Warns Softness Ahead
Office-products retailer Staples Incorporated (SPLS) posted on Tuesday a drop in fourth-quarter earnings of 18%, citing continued weakness in corporate spending. Staples said weak spending in the business sector is most likely to continue.
Business customers “remained cautious with discretionary purchases,” Ron Sargent, chief executive officer, commented during a conference call following the earnings report [...]

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