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The Money Blogs is the source for Blogs about the latest financial and stock market news with rss feeds

Being in the midst of earnings season, bad earnings news is coming out daily on CNBC. I was left with quite a negative impression upon initially hearing today’s earnings reports, which included unfavorable news from normally defensive Kraft foods (KFT), along with Disney (DIS), and a negative fo ... Read more

Blockbuster (BBI) gives every appearance of dead man walking. The latest earnings release celebrates their refinancing which was done at loan shark rates. Can they make the vig regularly. In the first nine months they could not break $2 Billion. The arithmetic is all wrong. So when it explodes what ... Read more

Weight Watchers (WTW) issued a diet adjusted earnings release. They let you know what the Q3 earnings are; adjusted the guidance for Q4 and therefore the year and really did not address any operating or financial issue. If you were looking to invest you would not be attracted. If you are an investor ... Read more

Rite Aid (NYSE:RAD) released Q1 results insisting that they have improved their liquidity. Mary Sammons, Rite Aid Chairman and CEO insists she is pleased with the results. The headline in their press release claims an increase to $900 million in liquidity. The tricky word is to and not by. Big diffe ... Read more

General Mills (NYSE:GIS) did the financial strip tease this week. They expect to announce year end results on July 1. They have a European investors conference hosted by Deutsche Bank on June 9 which will be webcast. So today they announce that a mere twenty days before the official announcement but ... Read more

First Solar, Inc. (NASDAQ: FSLR)  posted earnings of $1.61 EPS on revenue of $433.7 million.  Thomson Reuters (First Call)  estimates were $1.30 EPS on $410.4 million in revenues. As far as guidance, the company said it will discuss this later in the conference call.  The consen ... Read more