Thursday Site Maintenance
A late start tonight as I was purchasing my new fishing license. I thought I would take care of some housekeeping of this site. Judging by the total lack of comments, I imagine nobody will mind! HAHA!
Some earnings headlines from today though:
Capital One Financial Corp.'s first-quarter profit fell 19 percent
Marriott International Inc. said Thursday its first-quarter profit dropped 34 percent
City National profit drops 22 percent
Doughnut retailer Krispy Kreme Doughnuts Inc. said Thursday its net loss widened in the fourth quarter due to charges and a dip in doughnut sales
Harley-Davidson Inc. will cut its work force by about 8 percent and curtail shipments of its iconic motorcycles this year after reporting a decline in first-quarter profits Thursday, with domestic sales tumbling nearly 13 percent
Merrill Lynch & Co.,the world's largest brokerage, reported a first-quarter loss on more than $6 billion in additional write-downs and said it would cut 4,000 jobs
Pfizer earnings fall 18 pct, hurt by generic drugs
Google's 1Q profit climbs 30 pct and tops analyst views
IBM shares rise to highest price in 6 years after earnings
Overall, the markets are pleased with earnings thus far! Wonderful.
I loved the progression of the MER report which at first was worse than expected, which became inline, which morphed into pretty good as the day went along:
Worse Than Expected
Wall Street firm's quarterly loss is even wider than expected -CNNMoney 6:50am
Merrill earnings weigh on financial sector -Marketwatch 9:36am
Not so bad
Merrill's Stock Surges Amid Hope Worst May Be Over -CNBC 2:30pm
Merril Lynch reported losses inline with expectation - Radio station WEEI Market report in car 5:00pm
It is all priced into the stock!
I am taking Friday night entertainment (movie clips, rock music, other music) suggestions in the comments section.
Have a good night.