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WMT's Q1 EPS Beats Guidance And Street View
Tuesday, May 18, 2010 - 8:25am
Wal-Mart Stores Inc (NYSE: WMT) reported its Q1 earnings at $0.88 a share, beating the company's latest guidance and the consensus of $0.85 a share. WMT’s net sales for the quarter appreciated by 6% to $99.1 billion. Net sales of ‘Walmart International’ climbed over 21% on a reported basis and...
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Lowe's Falls After Announcing Lower-Than-Expected Forecasts For Q2
Monday, May 17, 2010 - 8:08amThe second largest US home improvement chain, Lowe's Cos Inc (NYSE: LOW), have slid more than 3% in pre-market trading, despite reporting stronger-than-anticipated results for its fiscal first quarter. The main reason that is pulling down the company’s stock is the sluggish quarterly outlook. LOW...
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Lowe's Falls After Announcing Lower-Than-Expected Forecasts For Q2
Monday, May 17, 2010 - 7:18am
The second largest US home improvement chain, Lowe's Cos Inc (NYSE: LOW), has slid more than 3% in pre-market trading, despite reporting stronger-than-anticipated results for its fiscal first quarter. The main reason that is pulling down the company’s stock is the sluggish quarterly outlook. LOW...
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WFMI Shares Jump As Q2 Profits Beat Street Expectations
Thursday, May 13, 2010 - 9:38amWhole Foods Market (NASDAQ: WFMI) reported its Q2 profit ahead of the Street expectations. The company has also raised its forecasts for the full year on the return of its wealthy customers. The Austin, Texas-based foods grocer said its Q2 profits for the quarter roughly doubled to $0.39 per share...
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Dr Reddy's Swings To Profits In FQ4
Thursday, May 6, 2010 - 8:05amDrugmaker Dr Reddy's Laboratories (NYSE: RDY) said that it swung to profits of $37 million, or $0.20 a share, in its fiscal fourth quarter, as compared to a loss of $218 million, or $1.30 a share, in the same quarter a year ago. RDY’s revenues fell 17% to $365 million. The company’s adjusted net...
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IntercontinentalExchange Q1 Profits Jump 43% Exceeding Expectations
Wednesday, May 5, 2010 - 8:12amIntercontinentalExchange Inc (NYSE: ICE) said its first-quarter profits jumped 43% as futures trading in the hot energy and agricultural sectors rose sharply. ICE, which also runs clearinghouses in North America and Europe, said its profits for the quarter climbed to $103.5 million, or $1.36 a...
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TEVA’s Q1 Net Jumps 58%; Beats Analyst Expectations
Tuesday, May 4, 2010 - 7:03am
Teva Pharmaceutical Industries Ltd (NASDAQ: TEVA) reported a 58% jump in its first-quarter net income, as the sales of the company’s multiple-sclerosis drug Copaxone continued to be robust sales. Jerusalem drugmaker TEVA’s net came in at $713 million, or $0.79 a share, up from $451 million, or $0....
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UBS Turns Profitable In Q1; Beats Forecasts
Tuesday, May 4, 2010 - 5:33am
UBS (NYSE: UBS) Tuesday announced that it has swung to profits in the first quarter, aided by strong recovery in its investment bank. UBS’ investment arm has returned to health after writing off over $50 billion during the financial crisis. The Swiss banking giant said it has made 2.2 billion...
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Clorox FQ3 Earnings Rise; Shares Fall On Guidance
Monday, May 3, 2010 - 10:06amShares of the consumer products maker, Clorox Co (NYSE: CLX), fell 2.23% at 10:40 am, despite the company announcing better-than-expected results for the March quarter. The Oakland, California-based company reported an 8% increase in its third quarter profits to $165 million or $1.16 a share,...
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Avis Budget Asks For Information From Dollar Thrifty To Make Counterbid
Monday, May 3, 2010 - 9:57am
The top executive of Parsippany, New Jersey-based Avis Budget Group Inc (NYSE: CAR) has called in to discuss its bid with Dollar Thrifty Automotive Group Inc’s (NYSE: DTG) board of directors. CAR’s executives have made the move after DTG signed the takeover deal with Hertz Global Holdings Inc (NYSE...
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