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box spring boxspring foundation set ortho orthopedic bed california king eastern king ek ck single double full twin master euro top et serta sertapedic colchones colchas camas mattresses matres mattres matress mattress overstock liquidation mattresses foundation box set serta pedic Brand New, Factory - Direct perfect sleeper all new Electronics retailer RadioShack Corporation (NYSE: RSH) sold off on Monday. The market wasn't impressed by the earnings beat that management delivered. According to Reuters, the 39 cents per share that RadioShack booked for the second quarter went 10 cents beyond analyst expectations.
That sounds pretty good on the surface. And, to be honest, I bet shares of RadioShack would have rallied had conditions been different. The major indexes have seen a lot of bullish action as we all know, and I think a fair amount of stocks now might run the risk of selling off on a decent bottom-line report just because of worries in the system. When you think about it, this rally has to end some time. And if you take a look at RadioShack's stock performance since early March, you have to wonder how much more buying interest is left at this point.
Continue reading RadioShack tops estimates, but market not impressed
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Before the bell: Futures edge lower ahead of housing data, more earnings
Posted Jul 28th 2009 7:40AM by Melly Alazraki
Filed under: Before the bell, International markets, Earnings reports, Market matters, Viacom (VIA), BP p.l.c. ADS (BP), U.S. Steel (X), Valero Energy (VLO), Economic data, Teva Pharm Indus ADR (TEVA), Commodities, Oil, Housing
U.S. stock futures declined Tuesday morning after managing to close higher on Monday to extend the remarkable rally in the markets in the last two weeks. Today, more earnings are on tap, and investors will also focus on housing data coming out before the opening bell. Finally, there is a hearing about the energy trading that would be of interest to investors.
What on many investors' minds these past recent days is how long will the rally continue. The market, on Monday, on the one hand showed resilience following some disappointing earnings and pressures from sellers trying to cash in profits. On the other hand, the surprise climb in housing sales perhaps should have triggered a more convincing positive performance. While no doubt some would want to take some profit of the table in the coming days, more positive news from corporate results to economic data indicating a better third quarter could sustain markets
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