Company News for November 4, 2010 - Corporate Summary

• Qualcomm QCOM posted better-than-expected third-quarter earnings of $0.68, up from estimates of $0.59, and revenues of $2.95 billion, that beat estimates of $2.85 billion

• NRG Energy NRG posted a third quarter earnings and revenue miss, with results of $0.87 below estimates for $$0.89, and revenues of $2.7 billion, off 7.9% YoY shy of estimates for $3 billion

• Time Warner Cable TWC posted estimate-topping third quarter earnings of $1.00, versus estimates for $0.89, on a 5.2% revenue gain to $4.7 billion, inline with estimates. The firm also announced plans for a $4 billion common share buyback

• Canada blocked BHP's BHP bid for Potash POT yesterday

• Becton Dickenson BDX reported fiscal fourth quarter earnings and revenues that matched Street projections. Earnings posted at $1.24 and revenues at $1.87 billion.

• WellCare WCG reported better-than-expected third quarter earnings of $0.89, ahead of estimates for of $0.65, on revenues of $1.39 billion, up from consensus projections for of $1.35 billion

• DIRECTV Group DTV posted inline third quarter earnings of $0.55 on inline revenues of $6 billion, up 10.2% YoY

• Sirius XM Radio SIRI reported third quarter earnings one cent higher than expected, with earnings of $0.01, on inline revenues of $717.5

• Foster Wheeler FWLT reported earnings and sales that missed consensus projections, with earnings of $0.40, short of estimates for $0.51, and revenues $904.7 million, off estimates for $1.09 billion

• Goldman Sachs GS removed EOG Resources EOG from its Conviction Buy List, but retained its "buy" on the shares as it lowered the target price to $110 from $129

 
BECTON DICKINSO (BDX): Free Stock Analysis Report
 
BHP BILLITN LTD (BHP): Free Stock Analysis Report
 
DIRECTV (DTV): Free Stock Analysis Report
 
EOG RES INC (EOG): Free Stock Analysis Report
 
FOSTER WHELR AG (FWLT): Free Stock Analysis Report
 
GOLDMAN SACHS (GS): Free Stock Analysis Report
 
NRG ENERGY INC (NRG): Free Stock Analysis Report
 
POTASH SASK (POT): Free Stock Analysis Report
 
QUALCOMM INC (QCOM): Free Stock Analysis Report
 
SIRIUS XM RADIO (SIRI): Free Stock Analysis Report
 
TIME WARNER CAB (TWC): Free Stock Analysis Report
 
WELLCARE HEALTH (WCG): Free Stock Analysis Report
 
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