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DAILY EARNINGS

V.F.Corp, Plum Creek Timber Net Falls


Author: Trupti Mehta
ticker.com
Last Update: 10:20 AM ET October 27 2009

10:45AM New York - V.F.Corporation sales fell 5% and net income fell 7%. Plum Creek Timber Company sales fell 29% and net income fell 72.5%.

Albemarle Corporation, the specialty chemicals maker said third quarter sales fell 22% to $515.3 million from $660.5 million a year ago. Net income in the quarter fell 7.3% to $52.1 million or 57 cents per diluted share compared to net income of $56.2 million or 61 cents per share a year ago.

Albemarle Corporation (ALB) in the last one year traded as high as $35.40 in October 2009 and as low as $15.54 in March 2009. Based on the yesterday’s closing price of $33.92 the company has market cap of $3.11 billion.

Arch Capital Group Ltd., the insurer said third quarter revenues rose 30.7% to $976.2 million from $746.8 million a year ago. Net income in the quarter rose 939% to $274.4 million or $4.39 per diluted share compared to net income of $26.4 million or 42 cents per share a year ago.

Arch Capital Group Ltd. (ACGL) in the last one year traded as high as $73.00 in October 2009 and as low as $44.68 in March 2009. Based on the yesterday’s closing price of $68.80 the company has market cap of $4.20 billion.

Arris Group, Inc, the communications technology company said third quarter sales fell 7.3% to $275.8 million from $297.6 million a year ago. Net income in the quarter fell 3% to $21.7 million or 17 cents per diluted share compared to net income of $22.4 million or 18 cents per share a year ago.

Arris Group, Inc. (ARRS) in the last one year traded as high as $13.75 in September 2009 and as low as $4.47 in October 2008. Based on the yesterday’s closing price of $11.37 the company has market cap of $1.42 billion.

Crane Co, the manufacturer of engineered industrial products said third quarter sales fell 14.3% to $550.7 million from $642.7 million a year ago. Net income in the quarter fell 3% to $35.1 million or 60 cents per diluted share compared to net income of $36.1 million or 60 cents per share a year ago.

Crane Co (CR) in the last one year traded as high as $27.90 in October 2009 and as low as $10.87 in November 2008. Based on the yesterday’s closing price of $26.48 the company has market cap of $1.55 billion.

Hexcel Corporation, the maker of structural materials for the aerospace industry said third quarter sales fell 22.4% to $257.1 million from $331.4 million a year ago. Net income in the quarter fell 68.5% to $10.4 million or 11 cents per diluted share compared to net income of $33 million or 34 cents per share a year ago.

Hexcel Corporation (HXL) in the last one year traded as high as $13.92 in June 2009 and as low as $4.49 in March 2009. Based on the yesterday’s closing price of $11.74 the company has market cap of $1.13 billion.

Plum Creek Timber Company, Inc, the timberland owner said third quarter sales fell 29% to $294 million from $414 million a year ago. Net income in the quarter fell 72.5% to $19 million or 12 cents per diluted share compared to net income of $69 million or 40 cents per share a year ago.

Plum Creek Timber Company, Inc (PCL) in the last one year traded as high as $38.66 in October 2008 and as low as $22.88 in March 2009. Based on the yesterday’s closing price of $32.76 the company has market cap of $5.33 billion.

Potlatch Corporation, the real estate investment trust said third quarter sales rose 25% to $163.7 million from $130.8 million a year ago. Net income in the quarter rose 81% to $45.8 million or $1.15 per diluted share compared to net income of $25.3 million or 63 cents per share a year ago.

Potlatch Corporation (PCH) in the last one year traded as high as $34.08 in November 2008 and as low as $18.00 in March 2009. Based on the yesterday’s closing price of $28.31 the company has market cap of $1.13 billion.

Pre-Paid Legal Services, Inc, a provider of legal expense plans said third quarter revenues fell 2.2% to $113.9 million from $116.5 million a year ago. Net income in the quarter fell 25% to $10.8 million or 99 cents per diluted share compared to net income of $14.4 million or $1.23 per share a year ago.

Pre-Paid Legal Services, Inc (PPD) in the last one year traded as high as $53.05 in July 2009 and as low as $26.45 in April 2009. Based on the yesterday’s closing price of $41.39 the company has market cap of $453.85 million.

Reinsurance Group of America, Incorporated, the insurance company said third quarter revenues rose 36% to $1.78 billion from $1.31 billion a year ago. Net income in the quarter rose 369% to $118.2 million or $1.61 per diluted share compared to net income of $25.2 million or 40 cents per share a year ago.

Reinsurance Group of America, Incorporated (RGA) in the last one year traded as high as $49.40 in October 2009 and as low as $21.27 in March 2009. Based on the yesterday’s closing price of $46.99 the company has market cap of $3.42 billion.

Rent-A-Center, Inc, the rent-to-own operator said third quarter revenues fell 5.3% to $671.3 million from $708.8 million a year ago. Net income in the quarter rose 25.2% to $36.8 million or 55 cents per diluted share compared to net income of $29.4 million or 44 cents per share a year ago.
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Sources: Data collected by 123jump.com and Ticker.com from company press releases, filings and corporate websites. Market data: BATS Exchange. Inc