SITE SEARCH | NEWS | EARNINGS | CALENDARS | MUTUAL FUNDS
Sector Tables: Energy - Retail - Utilities - REIT - Banks - Brokerage - ETFs | Oil Data
Login | Subscribe to Ticker
Market Update : 
Amazon Opens 12% Lower
Author: Elena Todorova
123jump.com
Last Update: 9:33 AM EDT October 26 2005


(Continued)

Email article | Print article

Asian-Pacific markets closed mixed with the Nikkei rising 0.9% on resource stocks. European markets traded higher at mid-day, led by London's FTSE 100, up 0.8%. Among the oil majors reporting today, Kerr-McGee posted third-quarter profit jump, beating estimates. Amerada Hess Corp released higher quarterly income, but missed estimates. Boeing Co. reported Q3 income growth, despite revenue decline, exceeding expectations.

 
EnCana Corp. (ECA: chart), natural gas producer, reported that Q3 net profit dropped 38% to 30 cents a share from the year- ago period. The company announced Q3 results incorporated a $604 million hedging hit and a $166 million gain from foreign exchange rates. Revenue net of royalties rose 33% to $3.09 billion.

Lear Corporation (LEA)), automotive interior systems supplier, reported Q3 a net loss of $11.17 per share, down vs. a net income of $1.26 per share for the comparable period in 2004. Excluding the impairment and restructuring charges, Lear would have reported a net loss of 10 cents per share.

Lear Corporation (AGR: chart), automotive interior systems supplier, reported Q3 a net loss of $11.17 per share, down vs. a net income of $1.26 per share for the comparable period in 2004. Excluding the impairment and restructuring charges, Lear would have reported a net loss of 10 cents per share.

Diamond Offshore Drilling, Inc. (DO: chart), drilling company, reported Q3 net income of 60 cents per share, up from 2 cents per share in the same period a year ago on revenue growth. Q3 results of current quarter reflect the impact of hurricanes Katrina and Rita. The Company recorded a Q3 after-tax gain of 16 cents per share, related to insurance proceeds from the previously reported casualty loss of the 300-ft. jack-up Ocean Warwick.
Back More: Market Update Archive

 

 
About Us | Contact Us | Privacy Policy | Disclaimer

©1999-2008 123jump.com. All rights reserved