Home » Articles » Page 12

Archives: Articles

Article

AT&T’s Phone Gap Overshadows a Stronger Home Internet Business

At Timberline Associates, a finance expert traced the 6% share drop to one line. Sales reached $32.3 billion, about $1.6 billion above last year’s level. Adjusted earnings per share came to 65 cents, up 11 cents. Phone customer growth disappointed, and that outweighed a higher profit target. Part of the target increase comes from an...

Article

Equifax Trims Its Annual Guidance and Still Rallies 10%

Equifax reported third-quarter revenue of $1.69 billion, up 10%. A lead financial expert at Timberline Associates said the stock jumped because the damage looked smaller than feared. Adjusted earnings per share reached $2.26, above a consensus of $2.20. Shares gained about 10.7% even though management lowered its full-year revenue outlook. Mortgage weakness drove the cut....

Article

Euro Under Pressure as EUR/AUD Threatens to Break Below 1.60

The EUR/AUD exchange rate remains under bearish pressure, with the euro failing to sustain its latest recovery against the Australian dollar. The pair initially advanced before reversing lower, indicating that selling interest continues to dominate near-term price action. The failure to hold intraday gains suggests that buyers lack the momentum required to establish a sustainable...