Archive for January 28th, 2010

Ford on Cruise Control at 120 MPH (F)

Ford Motor Co. (NYSE: F) is seeing huge volume after the only remaining public US auto maker posted a full year profit for 2009.  That was unthinkable a year ago.  The shares are only up 2% at $11.80 as of 8:56 AM EST, but we have already seen 11.7 million shares trade hands.  Average volume [...]

Flextronics Lags EMS Stocks (FLEX)

Flextronics International Ltd. (NASDAQ: FLEX) closed at $7.10 but shares are down 3.8% at $6.83 on 98,065 shares of stock as of 8:43 AM EST.  This is effectively making the stock the worst reaction for the electronics manufacturing service or EMS stocks.  The earnings Were $0.17 EPS and $6.6 billion in revenues versus Thomson Reuters [...]

Netflix Challenging 52-Week Highs (NFLX)

Netflix, Inc. (NASDAQ: NFLX) was up well into double-digit percentage last night already, and it is looking even better so far.  The company said everything right that it could short of issuing any guarantees.  The movie rental player added 1.1 million customers and said that its fourth quarter profits rose 36% and gave strong expectations [...]