Commonality in Earnings
General Electric Revenue: $35 billion, -0.5% Y/Y Net Income: $3.6 billion, +13% Y/Y EPS (GAAP): $0.35/share, +17% Y/Y Organic Revenue -6% Europe revenue -17% Service revenue in Europe -22% Sales in Core Industrial Equipment & Services -6% (-11% profit) Sales in Power Generation and Water Treatment -26%, (-39% profit) GE Capital Revenue (ex NBC sale) .. read more
IBM Earnings, Q4 & FY 2012
Some good results from Big Blue in an extremely tough environment. Across the board there was strength in the key areas, including 80% growth in cloud computing (a segment we want to see IBM as a leader). In terms of numbers, EPS growth was 10% for the full year, to $14.37, while net profits rose .. read more
IBM Earnings
IBM, a part of our Global Opportunities portfolio, reported earnings after the bell. Revenue, earnings and guidance were all better than expected. Via Business Insider: The company reported earnings of $5.39 per share versus estimates of $5.25. The company also beat expectations on revenues, reporting sales of $29.3 billion. Finally, IBM issued guidance for full-year .. read more
Thinking Things Over: Who Should Run HP? An IBMer! Who Should Own HP? Henry Kravis
Thinking Things Over July 8, 2012 Volume II, Number 27: Who Should Run HP? An IBMer! Who Should Own HP? Henry Kravis By John L. Chapman, Ph.D. Canton, Ohio Hewlett-Packard shares (HPQ) hit a 52-week low last week, and the firm has lost three-fifths of its market value since hitting a secular high just over 16 months ago. .. read more
Trend Watcher – Beware the Bond Bubble
With the US economy showing decent growth while the rest of the world is showing slow or no growth, currency traders are selling Euros and buying Dollars. As a result, the Euro is trading at intermediate term lows while the Dollar is hitting new highs. In recent months, equities and the dollar have gone from a nearly perfect .. read more
Is It Time To Buy Like Buffett?
I write these weekly commentaries to keep our clients and other readers up to date on the current state of the markets and economy. As such, they tend to concentrate on the short term ebb and flow of the economic data and the markets. Current events do have an effect on the market in the .. read more
