Disappointing earnings from SAP and Accenture got earnings season off to a rocky start on Tuesday.
Investors were also nervous ahead of reports from Intel and Yahoo Wednesday night.
Analysts are looking for a 75% jump in earnings from Intel, to 28 cents a share. Expectations are lower at Yahoo, for a 25% increase to 10 cents a share.
Neither is likely to disappoint. The only question is whether they can deliver enough upside to please investors. Dish Network Corp. Q1 2008 Earnings Call Transcript - Seeking Alpha::
and we will start this summer with a card replacement to start plugging that it will be very competitive going into the selling season this year.
http://seekingalpha.com/article/78905-dish-network-corp-q1-2008-earnings-call-transcriptHOME |
The Nasdaq fell 15 to 2096, the S&P 500 lost 6 to 1121, and the Dow dropped 58 to 10,427. Volume rose to 1.54 billion shares on the NYSE, and 2.4 billion on the Nasdaq. Decliners led by a few issues on the NYSE, and by a 17-14 margin on the Nasdaq. Downside volume was 60% on the NYSE, and 68% on the Nasdaq. New highs-new lows were 372-3 on the NYSE, and 308-4 on the Nasdaq. Harold Maas - Yahoo!7 Money Matters::
A Wobbly Start, and YouTubers Sound Off. Oct 11 10:36pm AT A GLANCE Earnings season begins Earnings season got off to a mixed start as
http://au.blogs.yahoo.com/business/archive/2006/10HOME |
StorageTek jumped 6% after raising guidance.
VeriSign gained 5% on an RFID win.
Novell fell 5% on plans to indemnify Linux customers.
Motorola, Lucent and Nortel edged higher on contract wins in China.
Integrated Silicon plunged 13% on falling margins.
E*Trade edged higher on reports that it may acquire TD Waterhouse.
Raindance surged on VoIP plans.
Market Commentary: For our free daily market commentary and technical analysis, please visit the InternetStockReport.com home page at:
http://www.InternetStockReport.com.
 Intel, Yahoo Disappoint Investors
 New Cisco Gear Targets Cable VOD
| 
HOME