Greetings,
After the first full week of the new year and a higher volume distribution day in the markets on Friday after weak earnings from J P Morgan (JPM) we still found ourselves with gains for the week. As we enter the coming week that will see earnings reports start to pick up we are holding 2.5% gains on the S&P 500 and 4% gains on the NASDAQ for the calendar year 2012.
Lets take a look at some of the companies due to release earnings this week and highlight what the earnings expectations are for each company, we recently wrote on how to trade stocks during earnings season and when you have time please see related article. I am providing links to company websites as well as a stock chart for each stock we feature and as always your comments are not only welcomed but encouraged. Best Wishes, $$$, ET.
Tuesday January 17:
TD Ameritrade Holding Corp. – (AMTD) Expected EPS growth : 4%, 0.26 vs 0.25
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By Bob Sechler
Of DOW JONES NEWSWIRES
General Electric Co.'s (GE) fourth-quarter earnings slipped 18% as anemic profit growth at its big industrial businesses and a drag from discontinued operations following its sale of a majority stake in NBC Universal last year weighed on results.
Quarterly revenue also fell a more-than-expected 7.9%, although the Fairfield, Conn., conglomerate previously signaled that revenue would be crimped by the NBC Universal sale and the continuing downsizing of its GE Capital finance unit.
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