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By Canaccord Genuity Morning Coffee |
January 24, 2013
Canaccord Genuity U.S. Portfolio Strategist Tony Dwyer provided an update on the progress of Q4/12 EPS, the fundamental “sweet spot,” and the tactical condition of the market.
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By Canaccord Genuity Morning Coffee |
January 23, 2013
Caterpillar uncovered “deliberate, multi-year, coordinated accounting misconduct” at a subsidiary of a Chinese company it acquired last summer, leading it to write off most of the value of the deal.
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By Canaccord Genuity Morning Coffee |
January 18, 2013
Bank of America’s fourth-quarter profit plunged 63% as the banking giant was weighed down by billions in charges related to a dispute with Fannie Mae and a foreclosure settlement.
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By Canaccord Genuity Morning Coffee |
January 17, 2013
Goldman Sachs posted a better than expected Q4 profit on improved trading and banking revenue, coupled with a reduction in compensation.
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By Canaccord Genuity Morning Coffee |
January 16, 2013
Facebook held its widely anticipated press event on Tuesday to show the press what it is working on, unveiling a new search service. The markets didn't seem impressed.
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By Canaccord Genuity Morning Coffee |
January 15, 2013
Tony Dwyer notes that the bearish flow of funds argument had been that there isn’t any new money flowing into the market, so the rally is not sustainable.
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By Canaccord Genuity Morning Coffee |
January 14, 2013
Chevron said it expects its fourth-quarter profit to rise compared with the previous quarter, benefiting from gains on assets and increased U.S. and international production.
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By Canaccord Genuity Morning Coffee |
January 11, 2013
Supervalu announced plans to sell five of its grocery chains to Cerberus for $100 million in cash and a $3.2 billion debt reduction, sending shares higher on Thursday.
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By Canaccord Genuity Morning Coffee |
January 10, 2013
According to sources close to the matter, Apple is working on a lower-end iPhone as it looks to regain the top spot in global smartphone sales.
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By Canaccord Genuity Morning Coffee |
January 9, 2013
With 4% of S&P 500 companies having reported earnings before Alcoa, 64% have beaten expectations, which is right in line with the historical average.
