Month: May 2014

$SPWR Stock Update

SPWR reported earnings April 24 and the results were very positive. Earnings reported were 49 cents a share, compared with 22 cents a share in the year-ago period. They raised their estimates for adjusted 2014 earnings between $1.10 and $1.40 a share, from a previous range of $1 to $1.30 a share. Other positive developments …

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$COST Stock Update

Costco reported net monthly sales of $8.56B for April, an increase of seven percent from $7.98B during the similar four-week period last year. April’s 2014 comparable sales grew at 5 percent year over year. Earnings will be reported May 29. One development in Costco competition is Groupon Inc. Groupon recently revealed its new Basics service, …

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$WFM Stock Update

WFM reported second-quarter earnings last Tuesday and the results were not good. the stock plummeted 19% with the news! The company lowered its estimates for the third time this year. Obviously, this did not bode well with investors. WFM reported flat earnings of $142 million (38 cents per share), significantly below the consensus estimate of …

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