News for January 20th 2011


Verizon Appeals FCC's Net Neutrality Rules

China's Economic Growth Accelerates, Adding to Rate Pressure

Europe's Risk Watchdog May Prove Toothless in Prevention

Sales of U.S. Existing Homes Probably Rose as Demand Struggled to Rebound

Emergency Medical Services Said to Get Bids From Four Private-Equity Firms (EMS)

BHP Warns of More Disruptions to Coal Output due to Australian Floods (BHP)

Spain to Ramp Up Bailout of Banks

Arby's Put on Auction Block (WEN)

ECB Warns on Food Supply

Nokia Cancels U.S. Launch of X7 Phone (NOK)

South American Oil Producers Discover Europe

Home Builders Still Pessimistic

Davos Meeting Faces Global Burnout Threat

Dept. of Justice Seeks More Details on Caterpillar's Bucyrus Buy (CAT/BUCY)

Citibank’s Eurozone Sovereign Debt Crisis Update

The JP Morgan View (Their ‘view’ is 6 days old but an interesting read nonetheless)

Amazon Buys Full Control of UK's LoveFilm (The Netflix of the UK and parts of Europe)

IBM Forms New Partnership With ARM (ARMH)

US Trader Hetco Drives Up Oil Price

Fairchild Semiconductor Q4 adj-EPS of 45c, beats by 6c, sales of $397.7M; sees Q1 sales of $405-$420M, vs. cons. $388.6M (FCS)

Freeport-McMoRan Reports Q4 EPS of $3.25, Sales $5.6B (FCX)

Johnson Controls Q1 EPS of 55c, beats by 1c, sales $9.54B; raises FY11 EPS from $2.30-$2.45 to $2.50-$2.55, sales from $37B to ~$38.5B (JCI)

Morgan Stanley Posts Q4 Oper. EPS of 43c, beats by 8c, sales of $7.81B (MS)

PNC Financial Services Q4 EPS of $1.50, $0.12 better. Revenue $3.9 billion versus the consensus estimate of $3.55 billion (PNC)

Rockwell Collins Q4 adj-EPS of 87c, inline, on sales of $1.11B, also inline; raises FY11 EPS guidance from $3.75-$3.95 to $3.85-$4.05, vs. cons. $3.96 (COL)

Southwest Airlines Q4 adj-EPS of 15c, misses by 1c, sales of $3.11B, vs. cons. $3.08B (LUV)

Unitedhealth Q4 EPS of $0.94, $0.10 better. Revenue $24.03 billion, vs $23.74 billion. Reaffirms guidance (UNH)

Union Pacific Posts Q4 EPS of $1.56, Beats by 8c, sales of $4.41B, vs. cons. $4.36B (UNP)

Posted in Breaking News