News for January 25th 2011

 

 

U.K. Economy Unexpectedly Shrinks as Cold Hits Services

American Market Preferred in Global Poll on New Confidence

BRIC Inflation Threatens Consumer Stocks as Food Bills Increase

Spanish Bonds, Finance Shares Fall on Bank Capital-Plan Concern

Bank of Japan Raises 2010 Growth Forecast to 3.3% as Export Demand Rises

Apple Plans Service That Lets iPhone Users Pay for Purchases With Handsets

Guess What Could Stop the Tablet Revolution?

France Proposes Way to Raise Yuan

In the Long Run, Apple Will Bow to 'Android Reality'

I.M.F. Says European Debt Still Threatens World Recovery

Analysis: Even a Broken Brent Benchmark is the Best for Now

Analysis: Equities May Not Be as Attractive as They Seem

Security Apps Boost Apple as BlackBerry Alternative

Microsoft and RIM Grow on App Developers: Survey

Predicting Sovereign Debt Crises (IMF paper)

Deutsche Bank Very Positive on iPhone Trial, 'No Going Back' to BlackBerry

AK Steel Q4 adj-loss of 49c, beats by 14c, sales $1.39B, vs. cons. $1.3B; sees Q1 shipments about 1.45M tons (AKS)

Baker Hughes reported Q4 EPS of $0.84, $0.19 better than the analyst estimate of $0.65 (BHI)

BlackRock reported Q4 EPS of $3.35, $0.44 better than the analyst estimate of $2.91 (BLK)

Peabody Energy adj-EPS of 85c, vs. cons. 71c, sales $1.82B, vs. cons. $1.8B; sees Q1 adj-EPS of 45-65c, vs. cons. 92c (BTU)

Coach reported Q2 EPS of $1.00, $0.03 better. Revenue $1.26 billion. Announces a $1.5 billion buyback program (COH)

DuPont reported Q4 EPS of $0.50, $0.18 better.  Raises FY10 EPS to $3.45-$3.75, versus $3.11 (DD)

Brinker Q2 EPS adj-EPS of 38c, beats by 6c, on sales of $671.9M, vs. cons. $670.6M; comps fell 3.5% (EAT)

EMC Q4 adj-EPS of 42c, beats by 1c, sales of $4.9B, vs. cons. $4.79B; sees FY11 adj-EPS of $1.46 (EMC)

Corning Q4 adj-EPS of 46c, misses by 1c, sales $1.77B, vs. cons. $1.6B (GLW)

Harley-Davidson Q3 loss of $0.18, $0.12 better. Revenue $917.08 million versus the consensus estimate of $863.03 million (HOG)

Johnson & Johnson Q4 adj-EPS of $1.03, inline, on sales of $15.6B; sees FY11 adj-EPS of $4.80-$4.90, vs. cons. $4.97 (JNJ)

KeyCorp reported Q4 operating EPS of $0.33, $0.20 better than the analyst estimate of $0.13 (KEY)

3M Q4 adj-EPS of $1.28, beats by 1c, on sales of $6.71B, vs. cons. $6.62B; raises FY11 EPS ex-items to $6.17-$6.42, vs. cons. $6.14 (MMM)

Tellabs Q4 adj-EPS of 2c, misses by 6c, sales $410M; sees Q1 sales $315-$335M, vs. cons. $401.8M (TLAB)

The Travelers Companies reported Q4 operating EPS of $1.89, $0.21 better than the analyst estimate of $1.68 (TRV)

Verizon reported Q4 EPS of $0.54, $0.01 worse. Revenue for the quarter came in at $26.4 billion versus $26.47 billion (VZ)

US Steel Q4 GAAP loss of $1.74, vs. cons. ($1.12), sales $4.3B, vs. cons. $4.22B (X)

The CMA Sovereign Risk Monitor (CDS Values):

 

Posted in Breaking News