Company News for August 5, 2010 - Corporate Summary

• Viacom VIA posted second quarter earnings of 68 cents, three cents above Zacks estimates, on a 0.1% revenue gain to $3.30 billion, off estimates of $3.43 billion

• Foster Wheeler FWLT missed Zacks estimates by 3 cents with second quarter earnings of 48 cents, as revenues dropped 23.2% from a year earlier to $1.005 billion, below Zacks estimates of $1.1 billion

• Cardinal Health’s CAH fiscal fourth quarter results of 50 cents posted 1 penny above Zacks estimates, as revenues improved 0.5% to $24.46 billion, off Zacks projections of $24.64 billion

• Cigna CI reported much stronger than expected second quarter interims of $1.38, above Zacks estimates of $1.01, on revenues of $5.35 billion, a 19.3% increase from a year ago, that topped estimates of $5.05 billion

• Time Warner Cable TWC bested estimates with second quarter earnings of 95 cents, a 2-cent beat, on revenues of $4.73 billion, up 5.8% YoY, and above Zacks estimates of $4.67 billion

• Among July sales comps, retailers' early results have been mixed, with Costco COST same-store-sales growth at 6% for July; Limited Brand's LTD at 12%; and Stage Stores SSI down 0.6%

 
CARDINAL HEALTH (CAH): Free Stock Analysis Report
 
CIGNA CORP (CI): Free Stock Analysis Report
 
COSTCO WHOLE CP (COST): Free Stock Analysis Report
 
FOSTER WHELR AG (FWLT): Free Stock Analysis Report
 
LIMITED INC (LTD): Free Stock Analysis Report
 
STAGE STORES (SSI): Free Stock Analysis Report
 
TIME WARNER CAB (TWC): Free Stock Analysis Report
 
VIACOM INC-B (VIA.B): Free Stock Analysis Report
 
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