This page has been archived and commenting is disabled.

Daily Highlights: 4.21.10

Tyler Durden's picture
Submitted by Tyler Durden on 04/21/2010 08:13 -0400



 
  • Airlines lost over $1.7 billion from ash cloud disruptions over Europe, industry says.
  • Americans see US autos topping Asian competitors.
  • Asian stock markets gain on US corporate earnings, jump in oil price.
  • Chinese bank watchdog orders quarterly tests on property loans.
  • IMF proposes bank tax to fund bail-outs.
  • Oil jumps above $84 in Asia as stocks rally on earnings.
  • SEC considering rules that prevent banks to temporarily lower their debt levels before quarterly reports.
  • Stocks, currencies gain on earnings optimism; Euro weakens on Greece talks.
  • AIG said to be lead insurer of Goldman Sachs board against investor suits.
  • Apple issues mixed guidance for Q3, sees EPS of $2.28-2.39 (cons $2.70);.
  • Boeing's March quarter earnings decline from $610M to $519M.
  • BHP faces SEC probe after finding possible corruption at mining projects.
  • Apple shares touch new high after iPhone sales push 2nd-quarter net income up 90 percent.
  • Chrysler reports $197M 1Q net loss, but says cash has grown to $7.4 billion.
  • Coke's Q1 profit rose 20% to $1.61B, boosted by its emerging markets sales.
  • Elpida Memory Inc. reported its first annual profit in 3 years, as chip sales rebounded.
  • Goldman Sachs says SEC's fraud case hinges on actions of single employee.
  • Google said to be in talks to buy travel software maker ITA for $1B.
  • Huntington Bancshares swings to a first-quarter profit from a year-earlier net loss.
  • J&J reported a 29% increase in Q1 profit on the settlement of a patent dispute. Sees healthcare reforms reducing 2010 revs by $400-500M.
  • McDonald's March earnings rise from $980M to $1.09B.
  • Ryder's March quarter earnings rise from $6.8M to $12.4M.
  • Stryker reports Q1 EPS of $0.80 vs. cons est. of $0.78; revs rose 12.4% to $1.8B.
  • Tupperware beats by $0.14, posts Q1 EPS of $0.76. Revs up 20.4% at $557.1M.
  • Waste Connections beats by a cent, posts Q1 EPS of $0.35. Revs up 17.1% at $307.5M.
  • Wells Fargo's Marchearnings declined from $3.05B last year to $2.55Bthis year.
  • Wynn Resorts said its would build a major new casino in Macau's Cotai area.
  • Yahoo's Q1 net more than doubled to $310.2M on gains from sale of Zimbra. Revs flat at $1.6B.
  • Zale Corp. plans to sell a minority stake to Golden Gate Capital Corp.

Economic Calendar: Data on Crude Inventories to be released today.

RECENT RATING ACTIONS

AK STEEL HOLDING CORP (AKS)
SNAP-ON INC (SNA)
PEPCO HOLDINGS INC (POM)
COCA-COLA CO/THE (KO)
CRANE CO (CR)
JOHNSON & JOHNSON (JNJ)
EATON CORP (ETN)
GOLDMAN SACHS GROUP INC/THE (GS)
SUPERVALU INC (SVU)
PRUDENTIAL FINANCIAL INC (PRU)
STANDARD PACIFIC CORP (SPF)
KONINKLIJKE PHILIPS (PHIA NA)

Data provided by Egan-Jones Ratings and Analytics

 
»

- advertisements -

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.
Wed, 04/21/2010 - 08:19 | 310534 pan-the-ist
pan-the-ist's picture

I WANT A COUGER PLEAZZZZZZZE!!!111!!!

Wed, 04/21/2010 - 08:24 | 310539 pan-the-ist
pan-the-ist's picture

On a (un)related note, does AIG being Goldman's insurance on investor lawsuits mean that 'we' will pay any fine that Goldman ends up paying? 

The best course of action against them seems to be to keep them in the news as the target of hatred so they lose customers, because they seem to have everything else covered.

Do NOT follow this link or you will be banned from the site!