Category archives for: Stock of the Day

Wal-Mart (WMT) Stock Loses Ground After Fourth Quarter Earnings Report

Shares of Wal-Mart Stores, Inc. (WMT: Charts, News, Offers) fell by -$2.41 or 3.86 percent to close at $60.07 per share on Tuesday after the company reported slightly worse than expected diluted earnings per share of $1.44 in its fourth quarter. Thi… This article was written by InvestorGuide.com.

General Motors (GM) Rallies on Record Profit of $7.6 Billion

Shares of General Motors (GM: Charts, News, Offers), the formerly bankrupt auto giant, posted its biggest profit ever last Thursday. The company, which went public over a year ago after a controversial government bailout, posted fourth quarter earni… This article was written by InvestorGuide.com.

Kellogg (K) Acquires Pringles for $2.7 Billion

This week, food giant Kellogg (K: Charts, News, Offers) acquired the iconic Pringles potato crisp brand from Procter & Gamble (PG: Charts, News, Offers) for $2.7 billion. The acquisition was completed announced after a proposed $1.5 billion offer fr… This article was written by InvestorGuide.com.

2012 Could Be a Bad Year for Goodyear (GT)

This week, tire manufacturer Goodyear (GT: Charts, News, Offers) reported strong fourth quarter earnings, with a profit of 7 cents per share, or $18 million, on revenue of $5.7 billion. This was a vast improvement over the loss of 73 cents per share… This article was written by InvestorGuide.com.

IMAX (IMAX) Stock Up After Deal With China

Shares of IMAX Corporation (IMAX: Charts, News, Offers) closed up +2.46 or +11 percent to $24.53 per share on Tuesday, after the company reported that it had agreed to install four new digital IMAX theater systems in China. The Mississauga, Ontario-… This article was written by InvestorGuide.com.

Activision Blizzard (ATVI) Beats the Street, But Weak Guidance Sinks Shares

Activision Blizzard (ATVI: Charts, News, Offers), the largest video game publisher in the world, beat Wall Street estimates with stronger-than-expected earnings and revenue last week. The company posted non-GAAP adjusted earnings of 62 cents per sha… This article was written by InvestorGuide.com.

Melco Crown (MPEL) Posts a 567% Gain in Earnings on Macau Growth

Last Friday, Macau-based casino operator Melco Crown Entertainment (MPEL: Charts, News, Offers) stunned investors when it posted a sixfold increase in earnings at its City of Dreams casino. The company, a joint venture between Australian billionaire… This article was written by InvestorGuide.com.

Cisco (CSCO) Makes a Strong Comeback and Tops Earnings Estimates

This week, networking equipment maker Cisco (CSCO: Charts, News, Offers) topped Wall Street’s second quarter forecasts on both profit and sales, with adjusted earnings of 47 cents per share on revenue of $11.5 billion. Analysts on average were expec… This article was written by InvestorGuide.com.

Yum! Brands (YUM) Posts Yummy Earnings

Yum Brands (YUM: Charts, News, Offers), the parent company of KFC, Taco Bell and Pizza Hut, posted strong fourth quarter and full-year earnings earlier this week. Yum recently sold its Long John Silver’s and A&W brands and currently operates over 37… This article was written by InvestorGuide.com.

BP P.L.C. (BP) Reports Better Than Expected Earnings, Boosts Dividend

ADR Shares of London, England based BP P.L.C. (BP: Charts, News, Offers) formerly known as British Petroleum declined by -0.27 or -0.58% to $46.60 per share on Tuesday after the company reported fourth quarter net income had increased to $7.65 bi… This article was written by InvestorGuide.com.