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Piper Jaffray Prepares For FactSet's FQ1 Results
Monday, December 13, 2010 - 8:44amPiper Jaffray is out with its report on FactSet (NYSE: FDS) in anticipation of FQ1 results being announced tomorrow. In a note to clients, Piper Jaffray writes, "Our estimate is $0.85 (consensus $0.84). We look for sequential acceleration in revenue, password, and subscription-value growth (up 11.9...
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FactSet Downgraded To Hold
Wednesday, September 22, 2010 - 9:57amFactSet Research Systems (NYSE: FDS) has been downgraded from Buy to Hold by Stifel Nicolaus.
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FactSet Growth Remains Encouraging
Wednesday, September 22, 2010 - 9:41amAccording to Oppenheimer, FactSet Research Systems (NYSE: FDS) reported a solid quarter with "strong sequential user and client growth. After three consecutive strong user growth quarters it appears that the worst is clearly behind the company. Management's tone improved relative to prior quarters...
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Quanta Services (PWR) Profits Fall
Monday, February 22, 2010 - 10:13amQuanta Services, Inc. (NYSE: PWR) reported that its 4th quarter net income fell to $43.9 million, or 21 cents per share, down from $46.5 million, or 24 cents per share, a year earlier. Revenue rose from $ 921.5 million to $985.4 million. A poll of analysts by FactSet showed expected earnings to be...
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Merck & Co. (MRK) Reports Schering Fueled Profit Jump
Tuesday, February 16, 2010 - 9:24amDrug maker Merck & Co. Inc. (NYSE: MRK) reported that its 4th quarter earnings rose on the back of its $41 billion acquisition of Schering Plough. Merck & Co. reported net income of $6.49 billion, or $2.35 per share, compared with $1.64 billion, or 78 cents per share, during the same...
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NYSE Euronext, Inc. (NYX) Swings Back To Profit
Tuesday, February 9, 2010 - 8:45amStock exchange operator NYSE Euronext, Inc. (NYSE: NYX) announced Tuesday that it had swung to a 4th quarter profit. NYSE Euronext, Inc. reported a net profit of $172 million, or 66 cents per share, compared to a loss of $1.34 billion, or $5.06 per share, in the same quarter a year earlier. Revenue...
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Starwood Hotels (HOT) Shares Rise 4% Before Falling With Market
Thursday, February 4, 2010 - 6:59pm
Hotel and leisure company Starwood Hotels & Resorts Worldwide, Inc (NYSE: HOT) on Thursday reported that it had swung to a loss in the 4th quarter but that the outlook for 2010 had improved. The stock climbed over 4% on the news of an improved outlook before falling along with the market....
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AstraZeneca (AZN) To Cut 10,400 Jobs
Thursday, January 28, 2010 - 1:20pmPharmaceutical giant AstraZeneca plc (NYSE: AZN) reported that the company will eliminate 10,400 jobs over the next four years. The Anglo-Swedish drug maker's recent returns have been quite strong and the company increased its dividend by 12% to $2.30 per share, but the coming years may see a...
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