Sorry!! The article you are trying to read is not available now.
Thank you very much;
you're only a step away from
downloading your reports.

Stocks to Watch: AllianceBernstein, eBay, Ford, Netflix, Qualcomm


You'll want to keep these stocks on your radar today as you find your way through the fray...


Stocks to watch for Thursday, January 25:

  • AllianceBernstein Holding LP (AB) reported its profits rose a record 45.1% in the fourth quarter, helped by $10.6 billion in net inflows and a 23.9% boost in assets under management.
  • American International Group (AIG) said it offered to buy the 38.1% of 21st Century Insurance Group (TW) that it doesn't already own for about $690 million in cash.
  • Boeing (BA) is dropping plans to use a wireless network to deliver in-flight entertainment on its 787 "Dreamliner" after seeing problems in developing the technology
  • Charles Schwab (SCHW) said it has approved the buyback of up to an additional $500 million of the company's stock.
  • Corning (GLW) said James Houghton will step down as non-executive chairman of the board at the company's annual shareholders meeting on April 26.
  • Cypress Semiconductor (CY) said it has approved a new stock repurchase program of up to $300 million, effective immediately.
  • eBay (EBAY) reported fourth-quarter profit climbed 24% as sales rose more than expected, aided by a surge in its electronic-payments business and higher prices for the items sold online.
  • Ford (F) posted a $5.8 billion loss in the fourth quarter, due to slumping sales and huge restructuring costs for its North American operations.
  • Lockheed Martin (LMT) posted a 28% jump in quarterly net income amid profit gains in its aeronautics and information-technology segments, and it boosted its 2007 earnings forecast.
  • Netflix's (NFLX) profit dropped from a year ago when it benefited from a tax gain, but the company's revenue jumped 44% as it added 654,000 subscribers. Shares surged 9% after hours yesterday.
  • Qualcomm (QCOM) saw earnings rise nearly 5% in its first fiscal quarter, which the company credited to strong demand for wireless phones that use the company's chipsets and software.
  • Wal-Mart (WMT) is changing around its senior marketing staff and more changes are likely in efforts to help its sales growth.

Market Update

  • Asian trading closed mostly in the red with the Hang Seng -0.73%, Nikkei -0.28%, Sensex +1.22%, Taiwan -0.15% and Shanghai -3.96%.
  • A quick check across the pond is skewed to the upside with CAC +0.01%, DAX +0.14%, FTSE +0.03%, ATX +0.84%, Swiss Mkt. +0.28% and Stockholm +0.77%.
  • Gold is higher +3.0 to 651.2 and crude oil is also up +0.08 to 55.45 this morning.
No positions in stocks mentioned.

The information on this website solely reflects the analysis of or opinion about the performance of securities and financial markets by the writers whose articles appear on the site. The views expressed by the writers are not necessarily the views of Minyanville Media, Inc. or members of its management. Nothing contained on the website is intended to constitute a recommendation or advice addressed to an individual investor or category of investors to purchase, sell or hold any security, or to take any action with respect to the prospective movement of the securities markets or to solicit the purchase or sale of any security. Any investment decisions must be made by the reader either individually or in consultation with his or her investment professional. Minyanville writers and staff may trade or hold positions in securities that are discussed in articles appearing on the website. Writers of articles are required to disclose whether they have a position in any stock or fund discussed in an article, but are not permitted to disclose the size or direction of the position. Nothing on this website is intended to solicit business of any kind for a writer's business or fund. Minyanville management and staff as well as contributing writers will not respond to emails or other communications requesting investment advice.

Copyright 2011 Minyanville Media, Inc. All Rights Reserved.

Featured Videos