Earnings
Emerging Markets Help Coke Meet Wall Street Estimates
Soft drink maker Coca-Cola says it posted a profit in the fourth quarter, boosted by strength in emerging markets like China and India. The only region that did not experience growth: North America.
Electronic Arts Shares Sink on Weak Outlook
Shares of video game maker, whose games include the popular "Madden" series, plunge after the company issued a disappointing outlook -- a sign that big cost-cuts and layoffs have not ended the company's slump.
Disney Earnings Preview: TV, Film Rebounds Have Analyst Hopeful
Disney is expected to show improvement in its first quarter as the entertainment giant's cable channels such as ESPN post better results. The first-quarter report will be especially telling as it includes income from the Disney parks during what's usually their best quarter.
EA Earnings Preview: Market Awaits Video Game Bellwether
Although Electronic Arts' fundamentals look solid, analysts have not been upbeat about the games giant's upcoming results, citing a "low pick-up" in video game sales. At the end of November, total video games sales were $14.1 billion, down 12% from the same time a year ago.
Toyota's Prius Brake Recall Could Come This Week
Toyota is reportedly preparing to recall at least 311,000 2010 Priuses to fix a problem with their brakes. Unlike the mechanical issues which led to the two recent recalls of 8 million Toyotas for unintended acceleration, the problem with the Prius is apparently a software issue.
As Fear Returns to the Market, Can Dow 10,000 Hold?
If Dow 10,000 really is a key psychological level, then traders best call their shrinks. The major averages, already on a four-week losing streak, face anxiety over the Euroland debt debacles and waning earnings momentum. In other words, brace yourself for Dow 9,000 and change.
Part of the market run up between Labor Day and mid-January was based on the belief that corporate revenue and earnings would increase in the fourth quarter of 2009. At first blush, they have, but only at first blush. A study by Reuters shows that corporate sales among the S&P 500 companies are up only 2% based on numbers release so far when the financial sector is taken out of the figures. With financial firms added in, the improvement is 7%.
Strong Tech Earnings Suggest Sector Is Getting Its Mojo Back
Cisco's positive earnings reflected a broader good news story among technology companies, which seem to be enjoying a recovery. During the second quarter, the networking gear maker's revenue climbed to $9.8 billion -- up 8% from the year-ago quarter. But will the tech rebound last?
Booming Bonds Boost the Rating Agencies' Fortunes, but Not Their Reputations
Bond sales surged 41% to $1.2 trillion last year as companies rushed to take advantage of thawing credit markets. That means demand for ratings has also boomed, and both Moody's and S&P delivered solid results recently. But that doesn't mean all the damage to their names has been undone.
A major flood at one Kellogg facility and scheduled repairs at others led to a big decrease in the U.S. waffle supply, which in turn took a bite out of the breakfast food giant's fourth-quarter profits.
DailyFinance Wire
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- Exotic ETFs May Hide an Unpleasant Tax Surprise
- McDonald's to Close Hundreds of Outlets in Japan
- Daily Blogwatch: Help Sarah Palin! Three Bargain Stocks under $10
- Stocks in the News: Toyota, Electronic Arts, Coca-Cola
- Toyota Rises Despite Prius Recall, More Tainted Milk in China
- Toyota CEO Makes Plea to U.S. Consumer as Firm Recalls the Prius
- Wholesale inventories cut 0.8 percent in December
- Stocks climb on hopes for Greece debt assistance
- Toyota recalls 437,000 Priuses, hybrids globally
- Japan Airlines rejects Delta, stays with American
- Strong overseas sales put fizz in Coca-Cola's 4Q
- Europe searches for way out of debt crisis
- McDonald's sales figure rises 2.6 percent in Jan.
- UBS makes Q4 profit, but withdrawals continue

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