Feb 19, 2009 4:16 AM ET
The health insurer quarterly revenues rose 8% to $4.8 billion and generated net loss of $209 million for the quarter. Earnings per share decreased to 77 cents from 93 cents a year ago quarter. The company estimates earnings per share between $3.95 and $4.25 for fiscal 2009.
Feb 19, 2009 3:55 AM ET
The homebuilder quarterly revenues declined 43% to $1.7 billion. Net loss decreased 61% to $338 million from prior-year quarter. Earnings per share reduced to $1.33 from $3.46 in the last year quarter. The total backlog plunged 75% to $631 million. The company booked 1,763 new home orders.
Feb 19, 2009 3:03 AM ET
The largest graphic chip supplier fourth quarter revenue dropped 60% to $481.1 million as demand plummeted with a loss of $147.7 million or 27 cents a share compared with a profit of $257 million and 42 cents a share a year ago.
Feb 19, 2009 2:52 AM ET
Building materials manufacturer third quarter revenue fell 20% to $137.8 million with profits dropping by 50% to $11.3 million. Earnings per share were 26 cents against 50 cents in the prior year quarter.
Feb 19, 2009 2:31 AM ET
The oilfield services company fourth quarter revenue increased by 9.9% to $6.87 billion but earnings declined 16.7% to $1.15 billion as expense surged and demand eroded. Earnings per share were $0.95 as against $1.12 from a year ago quarter.
Feb 19, 2009 2:24 AM ET
The real estate firm reported quarterly revenues declined 30% to $1.3 billion and net income plunged 94% to $6.5 million in the quarter. Earnings per share decreased to 3 cents from 54 cents a year ago quarter. Gains from disposition of real estate were $4.9 million.
Feb 18, 2009 12:32 AM ET
U.S. stocks declined after the latest estimate from the Fed showed a shrink in the economy. New home construction declined to the record low of 466,000 in January and industrial production declined 1.8% in the month. President Obama offered the latest plan for mortgage payment.
Feb 18, 2009 2:05 PM ET
Agilent Technologies, Inc misses profit and will cut 600 jobs. La-Z-Boy Incorporated swings to third quarter loss. Deere & Company first quarter profit falls 45%. MBIA Inc led gainers in the S&P 500 index with a rise of 35.9%.
Feb 18, 2009 1:53 PM ET
UK stocks edged lower on persistent weakness in financial stocks. The Bank of England is likely to resume printing money as it looks for ways to fund various loan commitments. Royal Bank of Scotland led decliners in the FTSE 100 index shares with a drop of 13% followed by losses in Legal & General.
Feb 18, 2009 1:27 PM ET
European stocks fall as OECD economies contract. Daimler AG dropped after rating agency lowered its debt rating outlook. Commerzbank reported full-year operating loss and insurance company AXA reported second half loss. Heineken net profit for full year dropped 87%.