|
|
|
Starbucks Falls to a One-Year Low
Nov 19, 2:45 PM EST |
|
| Starbucks fell 10% after reporting earnings on Friday to one-year low. Starbuck is now 43% below its peak in October 2006. |
|
| Starbucks reported fourth quarter revenue increase of 22% to $2.4 billion and 21% for the fiscal year 2007. The coffe retailer earned $158 million in the fourth quarter and for the year earned $672.6 million. Comparable same store sales increased in the quarter but the number transactions declined 1%. The news of the decline in transaction and cautious earnings guidance for fiscal 2008 hurt the stock. |
|
|
Full Story... |
Barclays Increases Sub-Prime Losses
Nov 15, 12:31 PM EST |
|
| Barclays reported better than expected earnings but reported higher losses in sub-prime assets and related trading activites. |
|
| Barclays reported pre-tax profit of 1.9 billion pounds for the ten months ending in October. The losses in the sub-prime loans and trading were off-set by the profits in emerging markets, trading in commodities and other financial instruments. Barclays rose as much as 5% after the news but lost all its gains by the end of the day. Barclays has lost 27% for the year so far. |
|
|
Full Story... |
Home Depot Earnings Decline
Nov 13, 2:24 PM EST |
|
| Home Depot earnings face head-wind from the ongoing correction in the housing market. The weak home sales hurt sales and earnings. |
|
| Home Depot suffering from the recent melt down in the housing market reported weak earnigs. Third quarter sales declined 3.5% to $18.98 billion and earnings fell 26.7% to $1.1 billion. After adjusting for HD Supply sale, the earnings per share were 59 cents. Home Depot estimated the fourth quarter earnings from continued operatnions to decline by 11%. |
|
|
Full Story... |
Wal-Mart Earnings Rise
Nov 13, 1:00 PM EST |
|
| Wal-Mart advanced on rising sales and earnings. International sales rose faster than the domestic sales. |
|
| Wal-Mart jumped 6% after reporting 9% increase in sales and 8% rise in earnings. Wal-Mart third quarter sales increased to $90.9 billion and earnings increased 7.9% to $2.86 bilion. Earnings per share increased to 70 cents from 62 cents. Wal-Mart revised earnings per share for the fourth quarter and for the fiscal year 2007. |
|
|
Full Story... |
Blue Nile Surges 9%
Nov 07, 1:44 PM EST |
|
| Blue Nile, online diamond retailer, reported rising sales and earnings in the the third quarter. International sales helped the sales growth. |
|
| Blue Nile, online jewler, third quarter sales increased 27% and earnings surged 67%. Earnings per share increased to 18 cents from 11 cents a year ago. The revised its sales guidance for the fourth quarter and said it expects to earn between $1 and $1.05 per share for the year. Blue Nile surged 9% after the news. |
|
|
Full Story... |
TheStreet Reported Rising Earnings
Nov 07, 12:21 PM EST |
|
| TheSteet.com reported rising sales and earnings on recent acquisitions and growing non-financial advertising. |
|
| TheStreet.com reported third quarter sales increase of 24% to $16.1 million and earnings rise of 23% to $3.8 million. Earnings per share increased to 13 cents from 11 cents a year ago. Including one-time tax related gains the earnings jumped to $16 million and earnings per share increased to 67 cents. |
|
|
Full Story... |
Church & Dwight up 10%, Cognizant Fell 21%
Nov 06, 2:08 PM EST |
|
| Cognizant fell 21% after reporting earnings rise of 58%. TheStreet.com and Church Dwight increased 10%. |
|
| Church Dwight jumped 10% after it reported third quarter sales increase of 12% and earnings of 34%. The company revised its annual earnings guindace higher. TheStreet.com reported revenue rise of 24% to $13 million and earnings rise of 23% to $3.8 million. The company sales gain was driven by higher advertising revenue and recent acqusitions. Cognizant reorted revenue rise of 48% and earnings rise of 58%. Cognizant fell 21%. |
|
|
Full Story... |
MasterCard Earings Jump 63%, Stock Up $20
Oct 31, 10:52 AM EDT |
|
| MasterCard stock jumped $20 after it reported a sharp rise in earnings and revenue on international growth and weak dollar. |
|
| MasterCard enjoyed a sharp rise in earnings of 63% on revenue gain of 20%. International growth and weak dollar helped MasterCard to lift earnings above the estimate of most analysts. In local currencies, purchasing volume growth was led by 29% increase in South Asia, Middle East, and Africa, followed by increases in 23.9% in Latin America, in Asia Pacific of 22.2%, in Europe 16%, in Canada of 14%, and 9.4% in the U.S. MasterCard also increased its stock buyback plan. |
|
|
Full Story... |
Office Depot, Kellogg, Verizon Drop on Earnings
Oct 29, 3:12 PM EDT |
|
| Office Depot declined 16% after delaying its earnings report. Kellogg and Verizon fell a fraction. |
|
| Office Depot fell after delaying its quarterly earnings report scheduled for release tomorrow. The company said that its independent audit committee is reviewing the recognition of supplier discount and earnnings for the past several quarters. Kellogg reported earnings rise of 9% on sales gain of 6%. Verizon third quarter revenue increased 6% to $23.8 billion and operating income increased 19% to $4.2 billion. |
|
|
Full Story... |
Microsoft Surges 10% on Earnings
Oct 26, 12:12 PM EDT |
|
| Microsft stock surged 10% in the morning trading on better than expected earnings and rising sales across various product lines. |
|
| Microsoft reported 27% increase in third quarter revenue to $13.76 billion and 24% increase in earnigs to $4.28 billion. the strongest quarterly growth in eight years was driven by Windows Vista, Halo 3, Office, and Server software. The video game Halo 3 logged nearly $300 million in revenue in the first month of its launch. Microsoft Online services revenue increased 25% but losses doubled to $264 million. |
|
|
Full Story... |
31
32
33
34
35
36
37
38
39
40
 |
|
