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6:52am 08/12/04

 

Wal-Mart Q2 earns top, but rev misses forecasts (WMT) By Tomi Kilgore

NEW YORK (CBS.MW) -- Wal-Mart (WMT) reported fiscal second-quarter earnings of $2.7 billion, or 62 cents a share, up from 52 cents a share in the year-earlier period, and above the average anal cyst estimate compiled by Thomson First Call of 61 cents a share. Sales rose 11 percent to $69.7 billion, shy of the $70.8 billion forecasted by anal cysts, with Wal-Mart store and Sam's Club sales increasing 10 percent each and international sales growing 16 percent. Same-store sales rose 4.1 percent, amid 3.2 percent growth at Wal-Mart stores and an 8.8 percent increase at Sam's Club. The retailing giant's stock, a component of the Dow industrials, closed Wednesday down 48 cents at $51.63.

 

Hey :unsure: , your supposed to rollback prices not forcasts.

 

 

Bottom just fell out of the futures

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Tanks Sleddog!

 

July retail sales due out soon. Expect more flat sales, which would actually be an improvement from the downturn in June.

 

The Fujiwara Effect:

 

TALLAHASSEE, Fla. (AP)--The prospect that a tropical storm and a hurricane - or possibly two hurricanes - could strike Florida on the same day is something meteorologists say they have never seen.

 

"It's almost unheard of," state meteorologist Ben Nelson said.

 

Disaster officials are keeping an eye on Tropical Storm Bonnie as it spins toward the Florida Panhandle, bringing heavy rains that could cause flooding. The other eye is trained on Hurricane Charley, aimed at the Florida Keys at the opposite end of the state.

 

There is a rare phenomenon called the Fujiwara effect, where two storms can essentially collide and spin around each other, but meteorologists said that's not likely to happen with Bonnie and Charley.

 

http://online.wsj.com/article/0,,BT_CO_200..._002417,00.html

 

I think that the market will be suffering from the Fujiwara effect after the blows from retail sales and $45 oil. B)

 

 

globex.png

nasdaq.png

 

 

Good trading! ;)

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7:24am [HPQ] HEWLETT-PACKARD SEES Q4 EARNS 35-39C; REVS $21-21.5B

 

7:24am [HPQ] HEWLETT-PACKARD Q4 FIRST CALL EST 43C

 

7:23am [HPQ] HEWLETT-PACKARD TO MAKE IMMEDIATE MANAGEMENT CHANGES

 

7:23am [HPQ] HEWLETT-PACKARD TO ACCELERATE MARGIN IMPROVEMENT PLAN

 

7:22am [HPQ] HEWLETT-PACKARD: Q3 ENTERPRISE SERVERS 'UNACCEPTABLE'

 

7:20am [HPQ] HEWLETT-PACKARD Q3 ADJ EARNS 24C VS 23C

 

7:21am [HPQ] HEWLETT-PACKARD Q3 FIRST CALL EST 31C

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The Battle of The Decade

 

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7:34am [PLCE] THE CHILDREN'S PLACE Q2 LOSSES 37C VS 35C

 

7:36am [PLCE] THE CHILDREN'S PLACE STILL SEES FY EARNS GROWTH OF 40%

 

Uh huh? Does that mean there losses will also increase by 40%

 

<_<

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Anals subscribators know that the Fed reports the level of consumer loans in the banking system on a weekly basis, because Doc reports on it in the Fed Releases updates every Saturday morning. Each week Doc shows you the Fed's pretty chart, and then tells you what it means. The flattening of retail sales comes as NO SURPRISE to Stoolies in the know. If you want history, read the Wall Street Whorenal. If you want REAL TIME INSIGHTS, if you want to know what's happening deep in the bowels of the financial world before it sees the light of day in the mainstream financial infomercial media, take a subscribatory to the Anals of Stock Proctology! Download the really big stuff when it will do you some good! Not when it's too late, and everyone else knows about it. Don't be taken by surprise! Don't be embarrassed by being the last to know!

 

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Anals helped me enter and exit with purr-fection on SPX options

 

Bulls Bears. Who cares? With the Anals we prophet Up'nDown

 

No blockage here, and that is no Gerbil :lol: :lol: :lol: :lol:

 

Thanks Doc.

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