Company News for January 26, 2011 - Corporate Summary

• Stryker SYK reported Q4 EPS of $0.93, ahead of the Zack Consensus Estimate of $0.89 per share. Revenues for the quarter rose 8.6% to $2.0 billion, well above the Zack Consensus Estimate of $1.970 billion

• Yahoo YHOO reported Q4 EPS of $0.26, ex-items, topping Zack Consensus Estimate of $0.19 per share. Revenues ex-tac for the quarter fell to $1.21 billion, and GAAP revenues fell to $1.52 billion ahead of the Zack Consensus Estimate of $1.116 billion

• Johnson & Johnson JNJ reported Q4 EPS of $1.03, ex-items, below the Zack Consensus Estimate of $1.30 per share. Revenues for the quarter fell 5.5% year-over-year to $15.6 billion, slightly missing Zack Consensus Estimate of $15.861 billion

• Harley-Davidson HOG reported a Q4 loss per share of $0.18, well below the Zack Consensus Estimate of $0.55 per share. Revenue rose to $917.1K, below the Zack Consensus Estimate of $1.075 billion

• AK Steel Holdings AKS stepped up 7.68% after the company reported an improved outlook for the year 2011

• Specialty-glass maker Corning Inc GLW reported a 41% increase in their fourth quarter results which led to a rise of 7.99% in share prices

• Share prices of Ethan Allen Interiors ETH increased 10.69% after the company posted better than expected earnings results

• Magazine publisher Meredith Corp's MDP share price fell 5.95% to $4.52 after the company projected disappointing third and full year results

• Tellabs Inc's TLAB shares prices fell 19.18% amid reports of first quarter results ending below par

• Camera maker Eastman Kodak Co's EK shares declined 13% after the U.S trade Commission judge ruled against the patent claim made by the company against Apple Inc AAPL and Research In Motion Ltd RIMM

 
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