MarketFoolery: 04.13.2011
MarketFoolery
The Motley Fool
4.7 • 1.7K Ratings
🗓️ 13 April 2011
⏱️ 10 minutes
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Summary
Shares of Alcoa slide after the aluminum producer kicks off earnings season with weaker-than-expected sales. Is Alcoa a preview of coming attractions? The NYSE cranks up its party business. Is the party over for NYSE's traditional stock exchange? And Parents Magazine names its top family-friendly restaurants. Do family-friendly restaurants make for market-beating stocks?
Transcript
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| 0:00.0 | It's Wednesday, April 13th, and this is Market Fullery. |
| 0:05.0 | I'm Chris Helen joining me in studio today from Motley Full Stock Advisor, Andy Cross, |
| 0:09.0 | from Hidden Gems, Charlie Travers, and from Million million dollar portfolio Ron Gross. |
| 0:13.4 | Guys, good to see you. |
| 0:14.3 | Hey, do you do Chris? |
| 0:15.3 | Hi Chris. |
| 0:16.3 | We will look at the New York Stock Exchange makeover and some restaurant stocks, but we |
| 0:20.4 | begin with earnings season. |
| 0:22.6 | Alcoa kicked things off after the market closed Monday |
| 0:25.8 | with first quarter sales that were below expectations. |
| 0:29.0 | Shares of Alcoa have been sliding since then Ron, |
| 0:31.9 | not a very positive start to earnings season. |
| 0:35.0 | Not a good start. It'll be interesting to see if it's a foreboding of things to come. |
| 0:39.7 | I think a few things will be consistent. It'll be a theme. Higher energy prices will be a |
| 0:45.4 | theme and earnings this quarter. Higher raw material prices I think will be a |
| 0:49.6 | theme. The fact that they miss top-lined sales estimates sales were good. |
| 0:55.0 | They just weren't as good as analysts were predicting. |
| 0:58.0 | So it's hard to play that game. |
| 1:00.0 | Maybe analysts were just being too optimistic. |
| 1:02.0 | I think overall sales will probably be |
| 1:04.2 | fine this quarter but we definitely will be seeing higher costs. |
| 1:07.8 | Why is Alcoa this why did they get the honor of kicking off earning |
... |
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