Tag Archives: cuts

Big time losers and the reasons why (NFLX, OSG, PSS)

Posted on November 22, 2011 by Martin Timble

In this report: Netflix (NASDAQ:NFLX), Overseas Shipholding Group (NYSE:OSG) and Collective Brands (NYSE:PSS).

Netflix (NASDAQ:NFLX) shares hit a 20 month low today after the company dropped 4.6 percent following its announcement that it had raised $400 million by issuing debt …

Posted in Latest Headlines, Reports | Tagged Analysts, banking, Collective Brands, company, customers, cuts, debt stock, DVD-by-mail, earnings, expected, financials, forecast, Frontline, funding, gross, investors, issuing, margin, money, NASDAQ, NASDAQ:NFLX, Netflix, NFLX, NYSE, NYSE:OSG, NYSE:PSS, OSG, Overseas Shipholding Group, payless, PSS, quarter, rating, report, revenue, sector, selloff, shipping industry, split, streaming, trading, uncertainties, Wall Street | Comments Off

Lowe’s up despite 44 percent drop in 3Q profits

Posted on November 14, 2011 by Josie Middleton

Lowe’s (NYSE:LOW) is trading slightly higher today despite reporting a 44 percent drop in third quarter profits due to charges relating to store closings and discontinued projects.

The company reported earnings of $225 million, or 18 cents per share for …

Posted in Main Post, Services | Tagged analyst, charges, cuts, earnings, employees, expects, forecast, LOW, Lowes, NYSE, NYSE:LOW, predicted, profitable, profits, quarter, revenue, share, stores, trading, underperforming, Wall Street | Comments Off

Before the close: Barnes & Noble, Heckmann and ATP Oil & Gas

Posted on November 10, 2011 by Martin Timble

In this Article: Barnes & Noble (NYSE:BKS), Heckmann Corp. (NYSE:HEK) and ATP Oil & Gas (NASDAQ:ATPG).

Barnes & Noble (NYSE:BKS) is trading over 8.1 percent today today after concerns were raised that Apple could face production cuts for its iPhone …

Posted in Latest Headlines, Reports | Tagged accumulate, adjusted, amazon, analyst, Apple, ATGP, ATP Oil & Gas, Barnes & Noble, BKS, brokerage, citi, company, cuts, flooding, Global Hunter Securities, Heckmann Corp, HEK, iPad, iPhone, kindle, NASDAQ, NASDAQ:ATPG, net income, Nook, NYSE, NYSE:BKS, NYSE:HEK, production, products, quarter, reduce, results, revenue, Thailand, traded, trading | Comments Off

UBS to cut 3,500 jobs

Posted on August 23, 2011 by pmarek

UBS AG, Switzerland’s financial heavyweight, announced on tuesday that it will cut 3,500 jobs worldwide as part of a saving scheme that will reduce the company’s costs by $2.5 million annually by the end of 2013. The cuts are to …

Posted in Financial, Main Post | Tagged American, assets, axed, Bank, banking, company, cuts, division, employee, financial, global, higher, investment, investment banking, investors, Job, management, NYSE, NYSE:UBS, payouts, quarter, saving, share, Swiss, Switzerland, trading, UBS, UBS AG, wealth | Comments Off

Sears Holdings struggles with economy and rising costs in 2Q

Posted on August 18, 2011 by Martin Timble

Sears Holdings Corp. said that the money it lost from marked down items as it try’s to clear its shelves for fall merchandise lead the company to report a loss in the second quarter.

The owner of Sears and Kmart …

Posted in Latest Headlines, Services | Tagged Analysts, CEO, company, costs, cuts, DDS, Dillards, earnings, economic, expenses, J.C. Penney, JCP, Kmart, latest, loss, Lou D'Ambrosio, M, Macy's, merchandise, money, negative, NYSE:DDS, NYSE:JCP, NYSE:M, quarter, quarterly, raw materials, report, retailers, revenue, Sears, Sears Holdings, shelves, stores, trades, Wall Street | Comments Off

Job report eases fear of recession

Posted on August 5, 2011 by Martin Timble

Some relief for concerns related to the economic recovery finally came on friday after the Labor Department reported that hiring picked up in July and that the unemployment rate dropped to 9.1 percent.

According to the report employers added 117,000 …

Posted in Economy, Main Post | Tagged Analysts, cuts, Dow Jones, economic, economists, estimate, government, Industries, job report, jobs, Labor Department, recovery, sectors, shutdown, unemployment | Comments Off

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