Recent Articles
IBM Antitrust Case Opens in Europe
IBM's dominance is tailor-made for antitrust cases, and the company just collected two more. The European Commission has announced two investigations into IBM's alleged abuse of its dominant market position.
Verizon Earnings Look Bad, Feel Good
The headline number that greeted Verizon Communications Inc.'s (NYSE: VZ) second quarter earnings report is a substantial loss of $2.3 billion. The loss is related to a one-time charge to pay for about 11,000 employee buyouts in 2010.
McDonald’s (MCD) Earnings Maintain Growth
McDonald's Corp. (NYSE: MCD) earnings continue to shine. The company reported second quarter earnings per share of $1.13 on revenues of $5.95 billion. That's a 12% jump in profits and a 5.3% jump in revenues from the same period a year ago for MCD stock.
Nokia, When Poor Earnings Are Good Enough
There were no big surprises in the second quarter earnings report from Nokia Corp. (NYSE: NOK) this morning. A month ago the company warned that quarterly revenues for its devices and services division would come in at or near the low end of its announced range, 6.7-7.2 billion Euros.
Morgan Stanley and Wells Fargo Tally Gains (MS, WFC, GS, C, JPM, BAC)
The effects of the financial reform legislation are sure to have an impact on the future earnings at the nation's biggest banks. Neither Wells Fargo nor Morgan Stanley offered an estimate of the size of that impact.
Join Louis Navellier’s Market 360 — FREE!
Get Louis Navellier’s take on the news and events impacting the market, plus his top stock picks.
