ACCESS REALMONEY
Melissa Davis
- Article Tools
- Email this Article
- Print this Article
- Rss Feed
- Related Articles
- Del.icio.us
- Digg
- StumbleUpon
In contrast, TXU rallied after matching earnings estimates and issuing full-year guidance that left room for the company to beat expectations. TXU saw first-quarter operating profits surge 68% to 57 cents a share. And it expects to deliver profits of $2.45 to $2.55 -- compared to the $2.48 consensus -- for the full year. In the meantime, the company's big TXU Energy division posted strong first-quarter results despite the loss of retail customers in the competitive Texas market. The company, which is currently requesting a hike in its "price to beat," expects to better compete for and retain customers going forward. It also said it is "reviewing all of its hedging strategies and is adjusting its positions and methods" after watching its quarterly hedging revenue decline. Looking ahead, TXU promised additional progress. "Over the next year, we will continue to strive to improve our competitiveness and deliver on this potential," CEO John Wilder said. "The [latest] results provide a glimpse of the potential of this business."
Yahoo! is among the most searched stocks on TheStreet.com. Here's what Cramer had to say about the stock recently.
Catch up on his thinking on the hottest topics of the past week.
Investors will have to deal with a Fed meeting and another flood of earnings and economic data.
Ensco International and Echelon have the potential to move higher in coming days.
See who made what calls.
The addition of video is helping telecom companies compete against cable and satellite companies.
The June West Texas Intermediate contract reflects selling pressure ahead of Tuesday's expiration. But stocks in the sector are generally trading higher.
See who made what calls.
Keep on top of the market and the critical information you need to make more profitable investing decisions.
Sponsored by:
RSS
