With Wall Street 2: Money Never Sleeps hitting theaters this weekend, (and The Social Network close on its heels) I decided to ask my fellow Forbes writers about their favorite business movies.
On Friday, the U.S. Commerce Department reported a 2.8% drop in October retail sales, more severe than Wall Street's already dour 2.1% predicted drop.
The December producer price index fell 1.9% from November, essentially in line with Wall Street's predicted 2.0% drop.
Wall Street estimates are up 2.4% from a year ago, when Progressive reported earnings of 42 cents per share.
Wall Street estimates are up 2.3% from a year ago, when CSX reported earnings of 43 cents per share.
Importantly, same store sales, an important indicator for any retail player moved up 1% versus expectations of a 1.4% decline by Wall Street, and a 2% decline in the prior quarter.
Excluding food and energy prices, producer prices actually gained 0.4%, ahead of Wall Street's 0.2% projection.
In yet another example of Silicon Valley and Wall Street colliding, on April 2, 2013, Zanbato Inc.
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The kind of phone Gordon Gekko wielded in "Wall Street, " it weighed 2.5 pounds and was about a foot tall.
Revenues also disappointed Wall Street, with the modest 2% increase coming as the result of a 5% company wide price increase.
The current Wall Street consensus is 31.2% higher than the year-ago quarter, when the company reported earnings of 16 cents per share.
Wall Street projections are down 18.2% year-over-year, as the company reported earnings of 11 cents per share.
Wall Street projections are down 16.2% year-over-year, as the company reported earnings of 68 cents per share.
Current Wall Street estimates reflect a 22.2% decline from the year-ago quarter, when the company reported earnings of 9 cents per share.
Also positive was a report from the Commerce Department that showed personal spending in the United States rose by 0.4% in March, twice the 0.2% gain Wall Street had expected.
Gannett 's USA Today saw average daily circulation inch up 0.2% to 2, 278, 022, while the Wall Street Journal, the flagship publication of Dow Jones, climbed 0.6% to 2, 062, 312.
Wall Street expected sales to contract 1.2%.
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On Thursday the U.S. Commerce Department reported that second-quarter gross domestic product grew 1.9%, shy of the 2.3% expansion Wall Street had expected, but ahead of the 1.0% reported last quarter.
Wall Street bears expected feature phone volumes to decline by 2-4 Million units sequentially.
The Wall Street consensus is 80 cents per share, up 2.6% from a year ago when H.
The Wall Street consensus is 37 cents per share, up 2.8% from a year ago when TECO reported earnings of 36 cents per share.
The Wall Street consensus is 75 cents per share, up 2.7% from a year ago when Coach reported earnings of 73 cents per share.
The Wall Street consensus is 86 cents per share, up 2.4% from a year ago when Hershey reported earnings of 84 cents per share.
The Wall Street consensus is 43 cents per share, up 2.4% from a year ago when EMC reported earnings of 42 cents per share.
The Wall Street consensus is 81 cents per share, up 2.5% from a year ago when FMC reported earnings of 79 cents per share.
With more than 2, 600 ballots cast, Wall Street pulled in a stunning 35% of the readers' vote, more than triple the number of votes for the second-best film, 1983's Trading Places.
Year-over-year January prices dropped by 1.0%, less than the 2.4% fall forecast by Wall Street.
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