Manufacturing orders fall as corporate spending drives profits
Economists anticipate a drop in durable goods orders for May the first since January, signaling whether the uptrend resumes or slows. Johnson Islington’s Hugh Johnson says consumer spending will curb activity this summer, making corporate spending pivotal. Nike posted strong earnings and forecast higher second-half orders up 12 percent, while Condaara Foods faced margins pressure from higher dairy, corn, and meat costs. McCormick & Co and Unifirst also reported results with mixed guidance.
MENTIONED IN THIS ARTICLE
Hugh Johnson
Johnson Islington Advisors
ConAgra
CondAara Foods Inc
Nike Inc
NKE
McCormick & Co
MKC
Unifirst Corp
Forecasting Game Shapes Q2 Earnings Outlook
Analysts miss expected earnings as guidance and forecasts diverge. Greg Forsythe of Schwab notes prices reflect expectations while quarterly results reality checks them, with many firms like GE issuing guidance to limit surprises.
MENTIONED IN THIS ARTICLE
Wall Street
Greg Forsythe
Schwab Equity Ratings
Charles Schwab
Steve Dean
Global Product Strategy
Rosenberg
Forsythe
Interest Rates Edge Up as Fed Meeting Looms
Investors awaited the Federal Reserve meeting on interest rates. May new home sales declined, dampening buying enthusiasm and signaling fragile demand in housing markets.
MENTIONED IN THIS ARTICLE
Federal Reserve
Stocks end week with second loss as Fed rate decision looms
The Dow fell 14.39 points to 13337.66 after volatile trading. Early gains faded as investors awaited Thursday’s Federal Reserve rate decision. Home builder reported a larger loss, swinging to a deficit of 1.55 per share and signaling a possible third quarter loss.
MENTIONED IN THIS ARTICLE
Bellwatcher
Oracle Corp
Federal Reserve
Tocks
Dow
Com- Moxican
Pasomerce
Europe
Africa
Middle East
ASIA/PACIFIC
Gollan
Hong Kong
Singapore
AES
Taiwan
Homebuilders face tumbling market amid rising defaults
The sector shows weak demand with new home sales and prices sliding. Lennar posts a $244 million quarterly loss as mortgage rates rise near a year high. Analysts see potential value as sentiment shifts and short sellers gain, naming DH Horton PHM SPF MOC and others.
MENTIONED IN THIS ARTICLE
U.S
Lennar Carp
LEN
J.P. Morgan
Michael
Rehaut
Horton
DHI
Pulte Homes
PHM
Standard Pacific Corp
SPF
M.D.C. Holdings
MOC
Lerinar CEO cites weak market after Q2 loss
Lerinar Corp chief Stuart Miller warned of weak and deteriorating market conditions as the company reported a $244 million second quarter loss. The statement pointed to housing market softness shaping its 2007 outlook.
MENTIONED IN THIS ARTICLE
Lerinar Corp
Stuart Miller
Oil and precious metals drop on inventory rise expectations
Commodities faced declines as crude oil and gasoline slid amid expectations that the Energy Department will report a rise in petroleum inventories for the prior week. Gold and silver also moved lower in light of the data outlook.
MENTIONED IN THIS ARTICLE
Energy Department
New Manager Rick Helm Oversees Broad Stock Pool
FundFocus notes manager Rick Helm controls between sixty and seventy holdings, emphasizing dividend growth potential in most. He also holds sizable Russell 1000 Value index names that may lack growth prospects but remain core positions.
MENTIONED IN THIS ARTICLE
Rick Helm
LocalStocks and Market Figures Collage
A mixed list of companies including AT&T Alcatel-Lucent Bank of America Danaher and Home Depot appears with scattered numbers and ratios such as P/E and DIV across varying entries. The fragmentary data suggests a snapshot of stocks and corporate names rather than a cohesive report.
Also Mentioned on This Page
Procy
Dsfmam
IFA Markets
Money&Markets
S&p
Pys
Russell
Wilshire
Standard & Poor
Thomson Financial
Acetric Co
Getna
Ana
M. Martinez, E.flach AP
S&p 500
Targe
Bene
ACT. Diff. Alcoa Inc
Amazon.com Inc
AMZN
Treasuries
Ayr Bonds Vest Pvs
Lehman Bros
Munt
Lehman US
Vasa
DJ Corp
StoryStock
Lennar Corp. Low
Target Corp
Huntsman Corp
HUN High
Basell
Access Industres
Chemical Company
Telus Corp
Canada
Bell Canada
Steelcase Inc
Ventana Medical Systems
Dan Jones
D. Sornd
L. Bourget
FundFocus
ELENT
Morningstar
Jeff Shaw
TOP & Holdings
CVS Caramark Corporation
Bank of America Corporation
Comcast Corporation
Time Warner, Inc
American International Group
Tame “Eero
Intal Corp
IBM
Kahle Kss
Krlapy Kromo
Lance
Microsoft
ABC Centura RY
Ruddick Adk
SCANA
Sara Lee Sle
School Specialty Inc Schs
Sears Holdings
Southern Company
Spectra Energy SE
Suntruat Banks Sti
Tampa Electric Co TE
Texas Roadhouse
Txrhb
Textron Txt
ALBA
Time Warner Twx
Timken
TKR
Tye International Tyg
Wachovia
WolMan Stre
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