It's still earnings season, so just as folks headed to the polls on Tuesday and reveled in the market's new 52-week highs later in the week, the quarterly reports continue to trickle in.
Here are a few of the reports that caught my eye -- and ear:
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RealD
(NYSE: RLD) posted a smaller-than-expected loss. RealD is the leader in transforming multiplex screens into 3-D-ready experiences. Even as consumers bellyache about paying a few bucks more to see a film in 3-D, exhibitors are eating it up. - Leading Chinese travel portal Ctrip.com
(Nasdaq: CTRP) landed well ahead of the prognosticators. Ctrip earned $0.31 a share, or $0.37 a share before stock-based compensation items. Either way, it flew past Wall Street's $0.24 target. -
Sirius XM Radio
(Nasdaq: SIRI) came through with another profitable quarter, this time breaking from the recent breakeven trend and earning a whole $0.01 a share.
Good earnings news is the best market news.
Briefly in the news
And now let's take a quick look at some of the other stories that shaped our week.
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Microsoft
(Nasdaq: MSFT) finally joined its console peers with a motion-based controller. Kinect for the Xbox 360 debuted on Thursday. The $150 price point is stiff, but the camera-based device trumps the competition since it doesn't require a handheld controller at all. Microsoft expects to sell 5 million Kinect accessories heading into the holiday season. -
Oracle
(Nasdaq: ORCL) never stops eating. The latest acquisition on its plate is Art Technology Group(Nasdaq: ARTG) . ATG helps enhance a retailer's online presence. It's also apparently an after-dinner mint for Oracle. -
MGM Resorts
(NYSE: MGM) hopes to be dealing better cards in the future. The casino operator is doing great in Macau, but it told investors that it also sees Las Vegas' convention business picking up next year. I guess that's MGM putting its chips where its tables are.
Until next week, I remain,
Rick Munarriz
