CFC CountryWide Financial announced earnings and said that they think they can reach profitability again in the 4th quarter of 2007. Apparently the overall market beleived them even though you have to question how do you go from losing $1.2 billion one quarter to profitability the next? Where are their new home loans coming from? […]
Entries Tagged as 'Finance'
CFC CountryWide Financial Claims It Can Be Profitable Again
October 26th, 2007 · No Comments
Tags: Housing · Earnings · Finance
Microsoft Earnings
October 26th, 2007 · No Comments
Microsoft MSFT the Great Softie
Microsoft killed earnings today. Analysts were expecting for it to hit .39 a share but instead Bill Gates and company decided to overachieve and hit .45 a share. The most optimistic analysts missed by half a billion dollars.
In early trading today MSFT and CFC lifted the market higher with the Dow […]