FA Notes Wednesday October 27, 2010
9:51 Walt Mossberg reviews the new Macbook Airs. Link
9:45 Rising Yuan is hurting Chinese exporters. Link
9:28 Paul Tudor Jones in his latest investor letter predicts a 1999 type bull market move in the coming months due to the liquidity of QE2. He recommends emerging market consumer stocks, India, gold, copper, grains, and 10 year treasuries.
9:23 Obama says Larry Summers die ‘a Heckuva Job’ Link
9:09 Tiger Asia Management receives a subpoena from the SEC. Link
8:06 JPM HBC – Two lawsuits were filed against JP Morgan and HSBC for manipulation of silver futures. Link
7:55 SEC is about to ban brokers from allowing naked sponsor access trading to exchanges. Link
7:44 WAG – Walgreens is now selling a $100 Android tablet. Link
4:38 LVS – Las Vegas Sands reported Q3 earnings of 34c vs. 23c estimate and revenue of $1.91B vs. $1.79B estimate.
4:36 IRBT – IRobot reported Q3 earnings of 18c vs. 7c estimate and revenue of $94.2M vs. $94.8M estimate. The company guided Q4 earnings to 10-12c vs. 6c estimate and revenue to $108-113M vs. $101.9M estimate.
4:35 SKX – Skechers reported Q3 earnings of 74c vs. $1.02 estimate and revenue of $554.6M vs. $572.2M estimate.
4:33 AKAM – Akamai reported Q3 earnings of 34c vs. 34c estimate and revenue of $253.6M vs. $249.7M estimate.
4:30 SYMC – Symantec reported Q2 earnings of 34c vs. 28c estimate and revenue of $1.48B vs. $1.46B estimate. The company guided Q3 earnings to 32-33c vs. 32c estimate and revenue to $1.57-1.59B vs. $1.56B estimate.
4:28 V – Visa reported Q4 earnings of 95c vs. 95c estimate and revenue of $2.12B vs. $2.09B estimate. The company guided FY2011 EPS growth to 20% y/y and revenue growth to 11-15% y/y.
3:06 Whitney Tilson’s largest shorts and longs in his hedge-fund. Link
2:38 HPQ – Reports that six new Palm devices coming in 2011. Link
12:55 Interview with Zappos and LinkExchange entrepreneur Tony Hsieh. Link
12:35 Paul Tudor Jones latest investor letter text. Link
10:01 September new home sales 307K vs. 300K estimate.
8:38 September durable goods orders +3.3% vs. +1.8% est. Ex-transportation -0.8% vs. +0.2% estimate.