This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Stocks to Watch: GE, IBM, Dell, McDonald's

NEW YORK -- General Electric (GE - Get Report) is expected by analysts on Friday to post first-quarter earnings of 35 cents a share on revenue of $34.63 billion.

The industrial conglomerate earned 34 cents a share in the year-earlier quarter.

GE's Messy First Quarter: What to Expect


IBM (IBM - Get Report) missed Wall Street's top- and bottom-line estimates in its first-quarter results as a weak Japanese yen weighed down profits.

The tech giant reported revenue of $23.4 billion, down from $24.7 billion for the same period a year ago, and trailed Wall Street's forecast of $24.6 billion. Excluding items, IBM earned $3 a share, up from $2.78 a share in the prior year's quarter. Analysts were looking for earnings of $3.05 a share.

IBM Slides as Weak Yen Crimps Earnings


Blackstone (BX) ended its pursuit of Dell (DELL - Get Report), three people familiar with the matter told Reuters.

The move by Blackstone eases the way for founder Michael Dell and his private-equity partner Silver Lake to take Dell private in a $24.4 billion deal.


Google's (GOOG) first-quarter earnings beat estimates, coming in well above expectations.

The Internet giant reported on Thursday earnings of $11.58 a share on revenue of $13.97 billion.. Analysts were expecting profit of $10.66 a share on $14.09 billion in revenue.

Excluding traffic acquisition costs (TAC), revenue was $11.01 billion, as TAC accounted for 25% of advertising revenue. Other revenue from Google, including Nexus hardware, was $1.05 billion, up 150% year over year.

Google Rises on Earnings Beat


Microsoft (MSFT - Get Report), the software giant, booked a double-digit jump in fiscal third-quarter earnings following a surge in sales at its Windows division.

The company also said Chief Financial Officer Peter Klein will be leaving Microsoft at the end of the current fiscal year, after nearly four years in the role and 11 years at the company. Microsoft will be naming a new CFO from its finance leadership team in the next several weeks.

Microsoft Tops Estimates, CFO Steps Down


Hamburger chain McDonald's (MCD - Get Report) is expected by Wall Street on Friday to post first-quarter earnings of $1.27 a share on revenue of $6.59 billion.


-- Written by Joseph Woelfel



>To contact the writer of this article, click here: Joseph Woelfel

>To submit a news tip, send an email to: tips@thestreet.com.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG
DELL $0.00 0.00%
GOOG $565.06 3.30%
GE $26.80 -0.19%
IBM $169.78 -0.27%
MCD $98.74 1.79%

Markets

DOW 18,080.14 +21.45 0.12%
S&P 500 2,117.69 +4.76 0.23%
NASDAQ 5,092.0850 +36.0220 0.71%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs