http://stockmarketbeat.com/blog1/2006/10/18/wheres-that-pickup-in-business-spending/ Our beat: The stock market. Our job: Beat it. Mon, 01 Dec 2008 22:34:50 +0000 http://wordpress.org/?v=2.2.1 http://stockmarketbeat.com/blog1/2006/10/18/wheres-that-pickup-in-business-spending/#comment-26577 CDWC: CDW Reports First Quarter Results: Financial News - Yahoo! Finance - Stock Market Beat - Our beat: The stock market. Our job: Beat it. Tue, 24 Apr 2007 17:24:06 +0000 http://stockmarketbeat.com/blog1/2006/10/18/wheres-that-pickup-in-business-spending/#comment-26577 [...] Consensus estimates called for $0.85 on $1.82 billion in sales. And while the 8% organic growth rate in sales was below both consensus 5-year growth forecasts of 11.7% and the “double-digit” growth investors seem to assume is the norm for tech companies, it is certainly an improvement from recent quarters and is now sufficient to be called “solid.” [...] […] Consensus estimates called for $0.85 on $1.82 billion in sales. And while the 8% organic growth rate in sales was below both consensus 5-year growth forecasts of 11.7% and the “double-digit” growth investors seem to assume is the norm for tech companies, it is certainly an improvement from recent quarters and is now sufficient to be called “solid.” […]

]]> http://stockmarketbeat.com/blog1/2006/10/18/wheres-that-pickup-in-business-spending/#comment-7834 CDW Sales A Bad Read for Corporate Spending - Stock Market Beat - Our beat is the stock market. Our job is to beat it. Mon, 11 Dec 2006 15:56:01 +0000 http://stockmarketbeat.com/blog1/2006/10/18/wheres-that-pickup-in-business-spending/#comment-7834 [...] We have written before that bullish investors are hoping that spending by businesses will pick up any slack from a slowing consumer. Well, we’re still waiting. CDW Average Daily Sales Rise in November: Financial News - Yahoo! Finance Total sales were up 11.9 percent to $569.2 million, from $508.5 million last year.Excluding the October acquisition of Berbee Information Networks Corp., average daily sales grew 5 percent to $25.5 million, from $24.2 million last year. Total sales grew 5 percent to $534.8 million, from $508.5 million last year. [...] […] We have written before that bullish investors are hoping that spending by businesses will pick up any slack from a slowing consumer. Well, we’re still waiting. CDW Average Daily Sales Rise in November: Financial News - Yahoo! Finance Total sales were up 11.9 percent to $569.2 million, from $508.5 million last year.Excluding the October acquisition of Berbee Information Networks Corp., average daily sales grew 5 percent to $25.5 million, from $24.2 million last year. Total sales grew 5 percent to $534.8 million, from $508.5 million last year. […]

]]> http://stockmarketbeat.com/blog1/2006/10/18/wheres-that-pickup-in-business-spending/#comment-5929 Stock Market Beat » Blog Archive » Hewlett Packard Mon, 20 Nov 2006 02:02:01 +0000 http://stockmarketbeat.com/blog1/2006/10/18/wheres-that-pickup-in-business-spending/#comment-5929 [...] Revenues grew 7% year/year. That is not an exciting number, but at least it is better than some others we have seen. [...] […] Revenues grew 7% year/year. That is not an exciting number, but at least it is better than some others we have seen. […]

]]> http://stockmarketbeat.com/blog1/2006/10/18/wheres-that-pickup-in-business-spending/#comment-4487 Stock Market Beat » Blog Archive » Xerox Gives, Takes a Penny Mon, 23 Oct 2006 14:45:09 +0000 http://stockmarketbeat.com/blog1/2006/10/18/wheres-that-pickup-in-business-spending/#comment-4487 [...] Xerox Gives, Takes a Penny In the latest sign that corporate spending is mediocre, Xerox Corp. (XRX) posted total sales growth of 2% year/year, half of which was due to currency fluctuations. Post-sale revenues (ink, toner, paper and services) were up 3% but equipment sales declined 1% (2% on a constant currency basis) as competitors like Hewlett Packard (HPQ) and Canon kept up the heat. As we noted in the past, if Xerox doesn’t sell equipment today, how can they expect to generate post-sale revenue tomorrow? The company beat earnings estimates (after adjusting for tax benefits and restructuring charges) by a penny, but appears to have taken back the penny when it comes to next quarter’s guidance. According to Yahoo! Finance: Looking ahead, the company expects fourth quarter profit in the range of 34 cents to 37 cents a share, excluding restructuring charges. Analysts were expecting a profit of 37 cents. [...] […] Xerox Gives, Takes a Penny In the latest sign that corporate spending is mediocre, Xerox Corp. (XRX) posted total sales growth of 2% year/year, half of which was due to currency fluctuations. Post-sale revenues (ink, toner, paper and services) were up 3% but equipment sales declined 1% (2% on a constant currency basis) as competitors like Hewlett Packard (HPQ - Annual Report) and Canon kept up the heat. As we noted in the past, if Xerox doesn’t sell equipment today, how can they expect to generate post-sale revenue tomorrow? The company beat earnings estimates (after adjusting for tax benefits and restructuring charges) by a penny, but appears to have taken back the penny when it comes to next quarter’s guidance. According to Yahoo! Finance: Looking ahead, the company expects fourth quarter profit in the range of 34 cents to 37 cents a share, excluding restructuring charges. Analysts were expecting a profit of 37 cents. […]

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