At The Motley Fool, we poke plenty of fun at Wall Street analysts and
their endless cycle of upgrades, downgrades, and "initiating coverage
at neutral." So you might think we'd be the last people to give virtual
ink to such "news." And we would be -- if that were all we were doing.
The $222 million loss for Las Vegas Sands (NYSE: LVS) in the second quarter would have likely been disappointing to investors on its own, but was made only more so by the positive news out of Wynn (Nasdaq: WYNN)
earlier in the day yesterday. Though a red bottom line isn't my
favorite sight, I did see some positives in Sands' earnings report.
If you're a fan of the 1939 film Gone with the Wind, you'll
probably remember Vivien Leigh declaring, "If I have to lie, steal,
cheat or kill ... as God as my witness, I'll never go hungry again!"
August is just a weekend away. Do you know where your earnings reports are?
Consumer spending may be on the rise, but American payrolls are still shrinking. That's bad news for payroll processing giant Automatic Data Processing (Nasdaq: ADP). Settle in for a long winter, Fool.
If your local barista isn't feeling Green Mountain Coffee Roasters' (Nasdaq: GMCR) KO punch, maybe the K-Cup punch will do.
Orbital Sciences (NYSE: ORB)
reported its second-quarter numbers on Tuesday and, well, the news
wasn't great. But do you think the 12.6% sell-off might have been just
a little overdone?
That anxiety mounting in the agricultural sector back in February? Turns out it was pretty well-founded.
Despite a wide geographic reach and a diverse offering of gambling products, Penn National Gaming (Nasdaq: PENN) produced second-quarter earnings and revenue that fell below analysts' estimates and its own forecasts.
After the 9/11 terrorist attacks, air travel plunged for obvious
reasons. People were scared. Flying, they presumed -- perhaps rightly
so -- was now more dangerous.