Company News for January 28, 2011 - Corporate Summary

• Microsoft MSFT reported Q2 EPS of $0.77, above the Zacks Consensus Estimate of $0.55 per share. Revenues for the quarter were $19.95 billion, well above the Zacks Consensus Estimate of $16.073 billion

• Amazon.com AMZN reported Q4 EPS of $0.91, ahead of the Zacks Consensus Estimate of $0.76 per share. Revenues for the quarter rose 36% year-over-year to $12.95 billion, above the Zacks Consensus Estimate of $9.281 billion

• Under Armour UA reported Q4 EPS of $0.44, well ahead of the Zacks Consensus Estimate of $0.21 per share. Revenues for the quarter rose 36% year-over-year to $301.2 million, above the Zacks Consensus Estimate of $284 million

• L-3 Communications Holdings LLL reported Q4 EPS of $2.37, ahead of the Zacks Consensus Estimate of $1.89 per share. Revenues for the quarter rose 1.1% year-over-year to $4.25 billion, above the Zacks Consensus Estimate of $3.685 billion

• Mead Johnson Nutrition Company MJN reported Q4 EPS of $0.57, below the Zacks Consensus Estimate of $0.70 per share. Revenues rose 13% to $803.7 million, missing the Zacks Consensus Estimate of  $841 million

• Bristol-Myers Squibb BMY has announced it will partner with Pfizer PFE to produce an experimental anticoagulant, apixabin and to complete an application for the U.S regulatory by this year end

• Share prices of drug-maker Eli Lilly LLY rose 1.5% after the company reported higher sales figures resulting from increased sales of its antidepressant and cancer drugs

• Potash's POT share prices increased after the fertilizer company announced it was doubling its quarterly cash dividend. The share prices of the company spiked up 3.27% after S&P equity research raised the price target of potash from $150 to $175

• Chipmaker QualComm's QCOM share prices rocketed up 5.86% after the company reported an upbeat outlook for the year

 
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