by Jason Apollo Voss | 19 07 2009 | Blog
Happy Sunday! Though only 11% of major companies have reported their second quarter results, 71% of those reporting have beaten analyst expectations. That 71% compares to the average number of companies beating analyst expectations of 61%. Yes, its true that...
by Jason Apollo Voss | 16 07 2009 | Blog
Wal-Mart is expected to announce today that all of their suppliers worldwide must calculate and disclose the full environmental costs of making their products. Wal-Mart intends to use that pool of information to create environmental ratings for the products it sells....
by Jason Apollo Voss | 16 07 2009 | Blog
JP Morgan Chase reported second quarter results. Profits were up 36% from a year earlier and 27% better than the first quarter. Not only that but its “net revenues” were a record. Bank results are interesting to track right now because they are a snapshot...
by Jason Apollo Voss | 16 07 2009 | Blog
Today jobless claims fell for the second straight week. This week’s fall was 47,000. Not only that but the number of continuing claims fell by 642,000 to 6.3 million. Continuing claims are people who have filed for unemployment for more than one week. Analysts...
by Jason Apollo Voss | 15 07 2009 | Blog
Intel Intel reported its results after the financial markets closed last night. The numbers were good and better than expected. Both revenues and profits were much stronger than in the first quarter. Not only that but Intel is very famous for giving accurate insight...
by Jason Apollo Voss | 14 07 2009 | Blog
Here are some pertinent news stories… U.S. retail sales were up 0.6% in June, the second consecutive monthly rise. Many categories were down slightly, but many categories were up slightly, too. Interestingly, most news outlets, despite the fact that retail sales...
