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Shares of Internet company Yahoo! (YHOO) fell sharply yesterday after management warned that the revenues in the current quarter are likely to come in at the low end of its previously forecasted range. Read More

Capitalizing on worldwide coal and metal demand, Fast Track member Joy Global reported strong earnings for its 3Q06 operating period. The company’s adjusted net income rose to $78 million from $31 million in the year earlier period, and adjusted earnings of 63 cents per share blew out Wall Street expectations of 58 cents. Read More

Below is a summary of position changes found in our August 2006 issue. Please see the newsletter for details.   Growth Portfolio: Buy: Baker Hughes (BHI) Johnson & Johnson (JNJ)   Sell: Noble (NE)   Teva Pharmaceuticals (TEVA) *** For more information see Sell Alert posted on June 21,… Read More

Shares of our Fast Track short position Eastman Kodak (EK) plunged to its lowest level in more than 25 years following the release of quarterly results that fell far short of Wall Street expectations. Analysts had been expecting second-quarter profits of between 8 and 38 cents a share. Instead, Kodak reported a loss of 19 cents a share. Read More

Witness Systems (WITS), which develops and sells quality-management software for the corporate call center market and is a member of our Fast Track portfolio, was down sharply today after the company reported earnings late Thursday. Read More

UPS fell 10 percent today after releasing its second quarter earnings. The company’s profits came in light of expectations by three pennies to 97 cents a share. In addition, management guided lower for the third quarter to somewhere between 87 and 91 cents a share, compared with Street expectations of 97 cents a share. Read More

Today, shares of the world's second-largest oilfield services company, Growth Portfolio member Halliburton (HAL) sold off sharply, down 8 percent for the day. We don’t view the selling as justified considering the quarterly numbers the company posted last night. Adjusting for non-recurring items, the past quarter’s results actually beat Wall Street estimates. Read More

Intel sold off today after reporting another quarter that disappointed Wall Street. In reality, the numbers that the company put out yesterday after close were not what the selloff would lead you to believe. Read More

Growth Portfolio member, Yahoo!, sold off sharply today after the company reported second quarter earnings after yesterday’s market close. While the company’s revenue numbers were short of some analysts’ expectations, earnings per share were in line at 11 cents. Read More