Ironically, most men refer to their cars as "she" or "her".. Maybe you're a lesbian.Originally Posted by ilovemyhonda.
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Uh oh .. here we go, gonna see a dip today.. Good thing I didn't buy into Key Bank yesterday..
UPDATE: BEFORE THE BELL: US Stk Futures DN After Bank Results
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(Updates to add several earnings results, all U.S. stock futures down, analyst comment, latest available prices)
By Steve Goldstein
U.S. stock futures traded lower on Wednesday, as a wave of generally better-than-forecast updates from companies outside of the financial sector was greeted with caution after seven gains in a row for blue chips and poorly received bank results.
Futures veered between negative and steady territory throughout the morning. S&P 500 futures fell 8.4 points to 945 and futures on the Dow Jones Industrial Average declined 63 points. Futures on the Nasdaq 100 slipped 5 points to 1549.00.
"The market is holding up well," said Frank Lesh, a trader at FuturePath Trading in Chicago.
"We are just in the beginning of earnings season, and the S&P 500 was] at 950, right up on the yearly high. I don't see anything wrong with this."
Federal Reserve Chairman Ben Bernanke is back on Capitol Hill on Wednesday, this time speaking in front of the Senate Banking Committee,
after the central banker stressed the need for fiscal responsibility on Tuesday as he said the central bank wasn't close to changing its ultra-low interest-rate policy.
Lesh said he wasn't too worried about Bernanke's economic outlook.
"He didn't really go into green shoots mode, but I didn't find it that negative. He sounded a bit of caution and that's warranted."
Several banks also were reporting results. Morgan Stanley (MS) swung to a $1.26 billion loss, Wells Fargo & Co. (WFC) reported a 47% profit rise, while the Bank of New York Mellon Corp. (BK) reported a 43% profit fall.
Morgan Stanley and Wells Fargo each dropped by between 3% and 6% in pre-market trade, and their results coincided with a downturn in stock futures.
Drug sector results came in on the positive side, as Pfizer Inc. (PFE) and Eli Lilly & Co. (LLY) lifted earnings forecasts and GlaxoSmithKline PLC (GSK) edged past profit estimates. All three nudged narrowly higher in pre-market trade.
Boeing Co. (BA) also surpassed estimates, sending shares of the plane maker up 1.6% in pre-market action.
Apple Inc. (AAPL) rose 4% in pre-market trade after the company's 15% profit rise on surging iPhone sales and typically conservative guidance.
Starbucks Corp. (SBUX) climbed 9% after it swung to a stronger-than-forecast $151.5 million profit as store traffic improved.
In Europe, the Dow Jones Stoxx 600 slipped 0.4%. Europe stocks had finished Tuesday at their highest level of the year.
The Nikkei 225 gained 0.7%, however, with Toshiba Corp. (6502.TO) among the advancers after Apple's results.
September-dated oil futures fell over $1 a barrel ahead of weekly energy inventories figures, due at 10:30 a.m., EDT.
The dollar declined 0.5% against the Japanese yen.
Yields on 10-year Treasury bonds were steady at 3.48%.
-Steve Goldstein, 44 207 842 9424; [email protected]
Among the companies whose shares are expected to actively trade in Wednesday's session are Starbucks Corp. (SBUX), Advanced Micro Devices Inc. (AMD) and Yahoo Inc. (YHOO).
Starbucks swung to a fiscal third-quarter profit on smaller restructuring charges, and the company raised its cost-cutting target for the fiscal year. That news, along with strong fourth-quarter and fiscal-year earnings guidance, sent shares up 8.6% to $15.96 in premarket trading.
AMD's second-quarter loss narrowed on prior-year charges and a gain from the sale of inventory. Shares dropped 12% to $3.60 as the semiconductor maker posted its 11th consecutive quarterly loss, more than Wall Street expected.
Yahoo's shares fell 3% to $16.11 in late trading after the company reported lackluster second-quarter results. Broadpoint AmTech analyst Ben Schachter said earnings before interest, taxes, depreciation and amortization were "a little on the low end," while search was weaker than expected and investors were hoping for more stabilization in Yahoo's display-advertising business. Collins Stewart analyst Sandeep Aggarwal pointed to weaker-than-expected operating margins and third-quarter guidance that fell short of Wall Street's expectations.
Apple Inc.'s (AAPL) fiscal third-quarter earnings climbed 15% as margins improved despite price cuts and revenue grew on improved Macintosh and iPhone sales. Shares rose 4% to $157.47 in after-hours trading as the company reported its best revenue and earnings figures for a non-holiday quarter.
Pactiv Corp. (PTV) shares climbed 6.5% to $25.20 after the maker of Hefty bags and packaging products reported second-quarter results that topped Wall Street's estimates. The company also boosted its 2009 guidance.
Supermarket chain Winn-Dixie Stores Inc.'s (WINN) shares jumped 4.3% to $13.65 after company said fiscal 2009 adjusted earnings before interest, taxes, depreciation and amortization will come in at $164 million, topping the high end of its guidance by $12 million. Analysts had been expecting Ebitda even lower, at about $137 million, according to Thomson Reuters. The company also boosted its guidance for fiscal 2010 and said it expects to report fiscal 2009 sales at about what the Street was expecting.
Oriental Financial Group Inc.'s (OFG) shares soared 19% to $11.90 before the opening bell after the company reported second-quarter earnings that topped Wall Street's estimates. Oriental attributed its results to its plan to focus on mid- and high net-worth customers.
Gilead Sciences Inc.'s (GILD) second-quarter profit climbed 31% as the biopharmaceutical company reported higher sales from its HIV products and added revenue from its acquisition of heart-drug maker CV Therapeutics Inc. Still, shares slipped 3.6% to $46.78 in after-hours trading.
Shares of ClickSoftware Technologies Ltd.'s (CKSW) second-quarter revenue rose 31%, beating analysts' expectations, as software license and service and maintenance revenues were than year-ago figures. Shares rose 13% to $7.63 in premarket trading.
AirTrain Holdings Inc. (AAI) swung to a second-quarter profit as revenue slipped 12% amid lower traffic. Shares of the company, however, rose 9% to $6.27 the company's results beat analysts' estimates.
Watch List:
Boston Properties Inc. (BXP) posted an 11% drop in second-quarter earnings as the office-property owner reported lower vacancy rates and higher-than-expected revenue and funds from operations.
C.H. Robinson Worldwide Inc.'s (CHRW) second-quarter profit increased 2% as the trucking and logistics company posted improved operating margins, which helped offset lower revenue.
Fitch Ratings slashed its credit ratings on Hertz Corp. (HTZ) deeper into junk territory, citing deterioration in overall operating trends in the past year and near-term refinancing risk.
Nabors Industries Ltd. (NBR) swung to a second-quarter loss as revenue dropped by one-third and the drilling contractor saw a decline in income in almost all segments.
Seagate Technology Inc. (STX) swung to a fiscal fourth-quarter loss - its third in a row - on restructuring and other charges, while the bottom line remained pressured from sliding sales. Still, the computer disk-drive maker's results topped expectations and the company raised its fiscal first-quarter revenue guidance.
Stryker Corp.'s (SYK) second-quarter earnings slipped 4.7% as currency fluctuations again hampered results and sales came in slightly worse than expected. The medical-technology company backed its full-year earnings guidance but cut its sales view again as the latest quarter saw orthopedic sales drop and medical-equipment revenue weaken further.
VF Corp.'s (VFC) second-quarter profit fell 27% on higher pension costs and currency changes as the world's largest apparel maker by revenue reported a bigger-than-expected revenue drop. The company also reiterated its 2009 forecast.
-By Dow Jones Newswires, write to [email protected]
No, my car got a sex change, because I needed a man.Originally Posted by mmmmpsi
"Drop 5 stacks on the makeup bag"
whatever LOL outta town at a HUGE meet all weekend partying my ass off....thats real badOriginally Posted by mmmmpsi
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"Drop 5 stacks on the makeup bag"
hahahahahahahahahahaha wtf ??![]()
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"Drop 5 stacks on the makeup bag"
7% drop and it hasn't opened yet.. that's not good..
How do you LOSE 1.13 Billion in a quarter.. OH WAIT, ASK GM!!
WASHINGTON, July 22 (Reuters) - KeyCorp (KEY.N), the Ohio-based regional bank, posted a wider-than-expected loss on Wednesday as it built its reserves to cover anticipated loan losses and tried to control costs by reducing its workforce.
The bank posted a second-quarter net loss attributable to common shareholders of $390 million, or 68 cents per share, compared to a loss of $1.13 billion, or $2.70, a year earlier.
Analysts on average had forecast a loss of 41 cents per share, according to Reuters Estimates.
flaming homo!
"Drop 5 stacks on the makeup bag"
Starbucks shares jump as traffic, outlook improves
from MarketWatch.com - Top Stories
Starbucks Corp. shot up nearly 10% in pre-market trading after the company’s cost cuts helped lead to a better-than-expected fiscal third-quarter profit and the coffee giant showed that its store traffic is improving even as the recession drags on.
I think a perverted Asian designed this.![]()
"Drop 5 stacks on the makeup bag"
I think this is a great idea..
Report: BMW Looking to Bring Back 4-Cylinder Engines to the U.S.
from AutoGuide.com Auto News by Colum Wood
Report: BMW Looking to Bring Back 4-Cylinder Engines to the U.S. Report: BMW Looking to Bring Back 4-Cylinder Engines to the U.S.
BMW is looking at bringing back for-cylinder engines to the U.S. in order to meet tough new fuel-economy regulations. BMW’s engineering boss, Tom Baloga, told Bloomberg that the smaller and more fuel-efficient engines were likely needed in order to meet the Obama Administration’s 2016 CAFE regulations, which call for a new fleet average of 35.5 [...] more
Read your rep!Originally Posted by E=MC˛
"Drop 5 stacks on the makeup bag"
DO NOT WANT
from AutoGuide.com Auto News by Colum Wood
Report: GM Launches ChevroletVoltage Social Networking Site to Help Promote Upcoming Volt Report: GM Launches ChevroletVoltage Social Networking Site to Help Promote Upcoming Volt
To help promote the upcoming Chevrolet Volt and provide owners and potential owners with a place to discuss the ground-breaking car, General Motors has launched a new forum called ChevroletVoltage.com. And to help kick-start interest in the forum, GM has released a video of the build process for the prototype Volt cars. The Voltage site is [...] more
"Drop 5 stacks on the makeup bag"
hahahahahahahahah /\
Umm I know nuffinz about that so I would be guessing and you would probably end up failing me. You just repped me so that would be why you cant rep me again, tis all good.
Bill * thats you getting a wedgy why you laughin foo?
"Drop 5 stacks on the makeup bag"
I'm in at 4.50 if it goes there again..
4.57 Last
4.56 Bid
4.57 Ask
0.01 Spread
4.50 Open
175 Bid Size
14 Ask Size
Down Bid Tick
07/21/09
4.82 Prev. Close
Down0.32 Gap
NYSE Exchange Name
Down0.25 or 5.19% Today's Change
9,625,576 Heavy Trading Vol.
4.40 Day Low
Last Price is 4.57
4.73 Day High
06/02/09 4.40 52 Wk Low
Last Price is 4.57
09/19/08 18.48 52 Wk High
Report: Ford Poised to Pass GM as Top Seller in the U.S.
from AutoGuide.com Auto News by Colum Wood
Report: Ford Poised to Pass GM as Top Seller in the U.S. Report: Ford Poised to Pass GM as Top Seller in the U.S.
According to a recent report on the auto industry, published by Merrill Lynch, Ford is poised to surpass General Motors and become the top-selling automaker in the U.S. over the next four years. The reason for Ford’s forecasted success is its new line of products, including the Fiesta sub-compact (pictured above). Currently Ford holds a 16.1 [...] more
hehehe
Stewart Cink appeared on the Late Show with David Letterman on Tuesday night to read the Top Ten list. Here are the "Top Ten Surprising Facts About Stewart Cink":
CBS.com
RELATED LINKS
Watch Cink on Letterman
10. I forgot my clubs, so I had to putt with my shoe.
9. Instead of "fore," I often yell "hit the deck losers."
8. I can fit seven golf balls in my mouth.
7. Most people think I sell plumbing supplies.
6. I called Tiger Woods last night; I laughed and I hung up.
5. This morning I drove from JFK to midtown in a golf cart.
4. I once got my tongue caught in a ball washer.
3. My street name is: 50-Cink.
2. I've already spent my winnings on gum.
1. Even I was rooting for Tom Watson.
"Drop 5 stacks on the makeup bag"
move it all around??
"Drop 5 stacks on the makeup bag"
and up and down, from side to side, from back to front, i can show you an amazing stunt! ooooohhhhhhhhhOriginally Posted by NVEOUS
"Drop 5 stacks on the makeup bag"