Here are some highlights from this past week's earnings coverage from BloggingStocks:

• ADC Telecommunications Inc. (NASDAQ: ADCT) beat Q2 estimates and raised its full-year guidance.
• Alcoa Inc. (NYSE: AA) near-term earnings prospects led to an analyst downgrade.
• Banco de Chile (NYSE: BCH) earnings prospects after an acquisition led to an analyst's upgrade.
• Benihana Inc. (NASDAQ: BNHN) posted lower Q4 profits but still beat earnings estimates.
• Bob Evans Farms Inc. (NASDAQ: BOBE) reported solid Q4 results due in part to cost management.
• Brown-Forman Corp. (NYSE: BF.B) easily beat Q4 estimates and offered full-year guidance.
• CMGI Inc. (NASDAQ: CMGI) lowered its guidance, sending shares tumbling 25%.
• Coca Cola Hellenic Bottling Co. (NYSE: CCH) warned of weaker earnings due to economic conditions.
• Conn's Inc. (NASDAQ: CONN) reported solid Q1 results and issued in-line guidance for the year.
• Dick's Sporting Goods Inc. (NYSE: DKS) earnings prospects impress analysts despite recent guidance.
• Guess? Inc. (NYSE: GES) topped Q1 expectations due to strong international expansion.
• Krispy Kreme Doughnuts Inc. (NYSE: KKD) swung to a Q1 profit despite falling revenues.
• Lehman Brothers Holdings Inc. (NYSE: LEH) posted a bigger-than-expected loss on further write-downs.

• National Semiconductor Corp. (NYSE: NSM) beat estimates on cost efficiencies and improved product mix.
• Nortel Networks Corp. (NYSE: NT) reaffirmed its revenue guidance for the full year.
• Pall Corp. (NYSE: PLL) reported strong Q3 results that beat Wall Street expectations.
• Pep Boys (NYSE: PBY) reported that Q1 earnings jumped due to real estate transactions.
• PepsiCo Inc. (NYSE: PEP) plans to reiterate its full-year earnings guidance despite market conditions.
• Qualcomm Inc. (NASDAQ: QCOM) earnings prospects for the second half of 2008 impress one adviser.
• Quality Systems Inc. (NASDAQ: QSII) Q4 profits grew 32%, in line with analysts' expectations.
• Shuffle Master Inc. (NASDAQ: SHFL) topped Q2 expectations, sending shares higher.
• Smith & Wesson Holding Corp. (NASDAQ: SWHC) Q4 profits fell but still beat analysts' estimates.
• Talbots Inc. (NYSE: TLB) reaffirmed its better-than-expected 2008 earnings guidance.
• Texas Instruments Inc. (NYSE: TXN) warned that weak demand for chips could hurt Q2 results.
• UBS (NYSE: UBS) warned "further write-downs may hit earnings" and some assets classes had deteriorated.

Also, Barron's likes the prospects for ethanol producers such as VeraSun Energy Corp. (NYSE: VSE). Kiplinger's includes Best Buy (NYSE: BBY) and Dick's Sporting Goods among its Father's Day stock picks. Could rancor over Vista hurt Microsoft's (NASDAQ: MSFT) bottom line?

Upcoming results to watch for include Adobe Systems (NASDAQ: ADBE), La-Z-Boy (NYSE: LZB), Best Buy (NYSE: BBY), CarMax (NYSE: KMX), Goldman Sachs (NYSE: GS), FedEx (NYSE: FDX), JM Smucker (NYSE: SJM), and Winnebago (NYSE: WGO).

Visit AOL Money & Finance for more earnings coverage.

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• DJIA 12286.18 (+5.86)
• S&P500 1358.10 (-3.66)
• NASDAQ 2448.94 (-10.52)
• 10YR T-NOTE 4.099% (+0.107%)
• Top 10 Analyst Calls

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CMGI (NASDAQ: CMGI) is off almost 15% after posting poor earnings.

ArcelorMittal (NYSE: MT) is down about 4% after news that it will open new mining operations.

Alcatel-Lucent (NYSE: ALU) is off 2% without any obvious news.

Petro-Hawk (NYSE: HK) is up almost 3% after positive comments from Jim Cramer.

Stocks may trade differently in the pre-market than they do in the regular session.

Douglas A. McIntyre is an editor at 247wallst.com.

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It seems like yesterday that CMGI Inc. (NASDAQ:CMGI) was one of the hottest stocks to own. These were the Internet days -- now seven years ago. The stock prices of companies that were internet -based went to the moon and "incubator" companies that invested in internet companies went even farther into the galaxy. CMGI was one of those stocks. The good news is that CMGI stayed alive and looks like it may finally be ready for a comeback.

CMGI consists of two divisions. One is ModusLink which, according to the company's website, "provides industry-leading global supply chain management services and solutions that help businesses market, sell and distribute their products around the world." CMGI's other business, @Ventures, founded in 1995, focuses on identifying, financing and fostering new companies -- especially those engaged in developing cutting-edge technologies.

CMGI announced this week that it invested in an alternative energy company, Earthanol, Inc., which builds and operates waste-to-ethanol production plants. Earthanol's website explains that the "most logical feedstocks to turn to (to produce ethanol) are the millions of tons per year of waste residuals from agricultural, industrial, and urban activities. Earthanol believes that the conversion of these feedstocks through acid or enzymatic hydrolysis and thermal conversion/syngas catalysis is the next big wave in renewable fuels development."

Although @Ventures' total investment is only $2 million, the investment did catch the eye of Wall Street last Friday. The investment consortium was one area of interest to all who saw this press release. The team of investors also includes Nth Power, Sail Venture Partners, and Calvert Funds. The total investment is approximately $7 million.

More importantly, this is not the first investment in clean energies. In February, CMGI invested in "H2Oil," a Utah-based cleantech company that specializes in the "reclamation of valuable hydrocarbons and fresh water from oil and gas exploration and production processes." To me, this is an even more significant venture. I believe that the future, in the near term, for clean technologies and alternative energy will be finding ways to assist traditional fossil fuel production in a way that is cleaner and safer for the environment -- until the day comes when we rely only on renewable fuels from the sun and wind and our agricultural production. CMGI has also invested in solar. Last year, the company invested in Advent Solar, a solar operation that develops photovoltaic technology to convert sunlight into electricity. The company's solar cells are focused on cheaper technology to achieve the same effective result as the more expensive competitors.

Type of Company: A well-managed and tenacious publicly-traded company that has a portfolio of investments in start-up technologies (originally internet-focused, and now cleantech, alternative energy and diversified technologies) and another division which works to help businesses sell, market and deliver their products and services throughout the entire order-to-supply-to-delivery process.

Stock Price Target: Don't be surprised if this $1.70 stock more than doubles and hits $4 in the very near future. I have seen many companies enjoy a second life and this management team is smart and committed. The former CEO, David S. Wetherell, brought in a top notch team to rebuild the business and hit profitability and receive shareholder return by making the right investments at the right time.

Hilary Kramer is a financial editor and money coach for AOL and an authority on investing. Visit her at www.hilarykramer.com.

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It took nearly seven years, but during the trading day on Sept. 28, the Dow Jones industrial average briefly reached a new high of 11,725, surpassing the prior peak close of 11,723 set on Jan. 23, 2000.

Remember those days? That was during the height of the dot-com boom, when the economy was speeding ahead and technology shares were all the rage. My brother-in-law was holding CMGI, hoping for "one more double" and I was begging him to sell half and buy oil stocks instead (if only you'd listened, Bob!). I was very pregnant with my first child -- now a first grader. Time does fly.

Stocks fell for three painful years, first as the dot-com bubble burst, then Sept. 11 terrorist attacks pounded the economy, and finally, as corporate scandals like Enron and Worldcom gripped the nation. The Dow hit a low of 7,286 on Oct. 9, 2002. (a 38% decline from high).

Then, surprise, surprise, 2003 was a boom year for equities. But after that, the charts look kind of flat and bumpy on the road to Dow 11,000. I remember wondering in 2004 and 2005, would we ever get past that level? And this year, could we stay above it? Since August, however, stocks have had a very nice run up to today's close of 11,718.

What is fueling the stock buying now, my colleague Sarah Gilbert asked recently. It's certainly not obvious.

After all, the economy is slowing. The latest reading on gross domestic product came in even lower than thought. Today the Commerce Dept reported 2.6% growth in April-June, when 2.9% growth was reported as a preliminary figure a month ago. Growth in the first quarter was 5.6%.

The housing market is cooling. Energy prices, although coming down, remain stubbornly high. The U.S. auto industry remains on its back.

The simple reason why stocks have risen so much lately is that the Federal Reserve has stopped raising interest rates. Bullish investors believe that although we're still feeling the effects of prior rate hikes, now that the Fed has taken its foot off the brakes, the economy can start moving again.

Also, mortgage rates and gas prices are actually falling, which should get the housing market (and consumer spending) back on track.

Most important, I think, is the fact that stocks (especially the big ones that make up the Dow Industrials) are also looking cheap now on a price-earnings basis -- and a heck of a lot cheaper than they were January, 2000.

The Dow may have reached a new high, but we are still in a very different world than the bubble days of 2000. For investors, that should be a relief.

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