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- Earnings In: Wells Fargo and JP Morgan Defy Expectation
- Todd Sullivan submits: Both JP Morgan JPM and Wells Fargo WFC lapped earnings estimates Wednesday morning. Here are the pre-earnings predictions.Wells Fargo Reported: Strong business momentum continues: by Todd Sullivan
- External links 2008-10-15
- Altria Cleared to Purchase UST
- Todd Sullivan submits: Altria's MO purchase of UST UST has passed regulatory review. Altria yesterday announced that the Federal Trade Commission has granted early termination of the initial waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 and therefore no further regulatory review by the federal antitrust authorities...
- External links 2008-10-17
- Yahoo's CEO's Latest Challenge? His Disillusioned Employees
- Todd Sullivan submits: Not only has Yahoo's YHOO Jerry Yang cost investors a small fortune by his rebuttle of Microsoft's MSFT overtures, he has cost his own employees a bundle. They, like shareholders are less than pleased. From the WSJ: Now that Jerry Yang is planning to cut 10%...
- External links 2008-10-23
- Dow Chemical: Hurricanes Significantly Impact Earnings
- Todd Sullivan submits: EPS affected by $.12 from the September hurricanes. Good news? Oil prices fell. Bad news? Couldn't produce anything when it dropped. Highlights:- Sales for the quarter increased 13 percent from the same period last year to $15.4 billion. by Todd Sullivan
- External links 2008-10-23
- Dow Chemical Earnings Call: Expect Large Buybacks
- Todd Sullivan submits: Based on the comments by management, one should expect large buybacks from Dow Chemical DOW to begin early next year. From the Q&A: by Todd Sullivan
- External links 2008-10-24
- Owens Corning's Perfect Storm
- Todd Sullivan submits: Owens Corning OC reported today that consolidated net sales increased 28 percent to $1.6 billion during the third quarter, compared with $1.3 billion in the third quarter of 2007. Third-quarter sales were up due to strong performance in the Roofing and Asphalt and Composites businesses. ...
- External links 2008-10-29
- Volkswagen Shorts: Who Goes Under?
- Todd Sullivan submits: The FT has an article on the carnage from Volkswagen (VLKAY.PK). Einhorn's silence is concerning. It is so for a couple reasons. First, other managers have spoken out in regard to their losses and second, Einhorn has been uncharacteristically silent. In the past he has been...
- External links 2008-11-02
- Archer Daniels Midland Crushes Estimates
- Todd Sullivan submits: Archer Daniels Midland ADM said Tuesday that first-quarter earnings were $1.05 billion, or $1.63 a share, compared to $441 million, or 68 cents a share, in the same period a year ago. Net sales rose 65% to $ 21.16 billion for the quarter ended September 30,...
- External links 2008-11-06
- Commodities: Future ETFs Worth Investing In
- Todd Sullivan submits: I have been getting a bunch of emails lately about commodities. The following excerpt from Roubini's RGE Monitor was emailed to me yesterday: Today we turn our attention to commodities, which have been badly battered by the global financial crisis, deleveraging and a worsening economic outlook,...
- External links 2008-11-19
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