Latest news for Teijin (OTC:TINLY) Stock

TEIJIN LTD ADR

Teijin Ltd manufactures and sells a variety of chemicals and chemical-based products. The company organizes itself into four primary segments based on product type. The trading and retail segment, which generates more revenue than any other segment, sells fiber materials, which include polyester and rayon. The electronic materials and performance polymer products segment sells plastic resins and films used in copy machines, computer casings, and automotive components, including headlights and door handles. The healthcare segment sells pharmaceuticals to treat bone, joint, respiratory, and cardiovascular diseases. The advanced fibers and composites segment sells polyester fibers used in seat belts, aramid fibers used in bullet-resistant vests, and carbon fibers used in airplanes.

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Teijin Reports 61% Decline In FQ2 Net Profit, Lowers Forecast

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Forest Oil Corp (NYSE: <a class="ticker" href="/stock/fst#NYSE">FST</a>) reported a 20% rise in its third-quarter earnings. Forest Oil's quarterly profit surged to $82.8 million, or $0.72 per share, from $68.9 million, or $0.60 per share, in the year-ago period. Excluding certain items, Forest Oil earned $0.32 per share. Its revenue dropped to $174.1 million. However, analysts were expecting earnings of $0.26 per share on revenue of $198.6 million.

Pfizer Inc (NYSE: <a class="ticker" href="/stock/pfe#NYSE">PFE</a>) reported a rise in its third-quarter net income and raised its 2011 adjusted earnings forecast. Pfizer's quarterly profit surged to $3.74 billion, or $0.48 per share, from $866 million, or $0.11 per share, in the year-ago period. Pfizer's adjusted net income came in at $0.62 per share. Its revenue climbed to $17.19 billion from $16 billion. However, analysts were expecting earnings of $0.55 per share on revenue of $16.43 billion. 

Archer Daniels Midland Co (NYSE: <a class="ticker" href="/stock/adm#NYSE">ADM</a>) reported a rise in its fiscal first-quarter net income on Tuesday. Archer Daniels' quarterly net income climbed to $460 million, or $0.68 per share, from $345 million, or $0.54 per share, in the year-earlier period. On an adjusted basis, Archer Daniels earned $0.58 per share. However, analysts were expecting earnings of $0.67 per share.

Thomson Reuters Corp (NYSE: <a class="ticker" href="/stock/tri#NYSE">TRI</a>) reported a strong rise in its third-quarter profit on Tuesday. Thomson Reuters' quarterly profit climbed to $659 million, or $0.44 per share, from $356 million, or $0.32 per share, in the year-earlier period. Its adjusted profit came in at $0.56 per share. Thomson Reuters' revenue gained 6% to $3.45 billion. Its revenue from ongoing businesses surged 8% to $3.26 billion. However, analysts were expecting earnings of $0.54 per share on revenue of $3.27 billion.

Baker Hughes Inc (NYSE: <a class="ticker" href="/stock/bhi#NYSE">BHI</a>) reported a rise in its third-quarter earnings. Baker Hughes reported its quarterly profit at $706 million, or $1.61 per share, up from $255 million, or $0.59 per share, in the year-ago period. Excluding a tax benefit, Baker Hughes earned $1.18 per share. Its revenue surged 27% to $5.18 billion. However, analysts were expecting earnings of $1.22 per share on revenue of $5.17 billion.

MetroPCS Communications Inc (NYSE: <a class="ticker" href="/stock/pcs#NYSE">PCS</a>) reported a 10% drop in its third-quarter earnings. MetroPCS reported its quarterly profit at $69.3 million, or $0.19 per share, versus $77.3 million, or $0.22 per share, in the year-ago period. Its revenue surged 18% to $1.21 billion. However, analysts were expecting earnings of $0.23 per share on revenue of $1.22 billion. 

Westlake Chemical Corp (NYSE: <a class="ticker" href="/stock/wlk#NYSE">WLK</a>) reported an 8.3% rise in its third-quarter profit. Westlake Chemical's quarterly profit climbed to $67.9 million, or $1.01 per share, from $62.7 million, or $0.95 per share, in the year-ago period. Its revenue surged 24% to $968.4 million. However, analysts were expecting earnings of $0.98 per share on revenue of $911 million. 

Genesee &amp; Wyoming Inc (NYSE: <a class="ticker" href="/stock/gwr#NYSE">GWR</a>) reported a 33% surge in its third-quarter earnings. Genesee &amp; Wyoming's quarterly profit surged to $32.9 million, or $0.77 per share, from $24.8 million, or $0.59 per share, in the year-ago period. Its revenue jumped 39% to $217.2 million. Genesee &amp; Wyoming in August projected earnings from continuing operations of $0.75 to $0.80 per share on revenue of $210 million to $215 million. 

Nicor Inc (NYSE: <a class="ticker" href="/stock/gas#NYSE">GAS</a>) reported a 58% drop in its third-quarter earnings. Nicor reported its quarterly profit at $5.7 million, or $0.12 per share, versus $13.6 million, or $0.30 per share, in the year-ago period. Its operating revenue dropped 1.2% to $348.4 million. 

Dollar Thrifty Automotive Group Inc (NYSE: <a class="ticker" href="/stock/dtg#NYSE">DTG</a>) reported a 36% surge in its third-quarter earnings. Dollar Thrifty's quarterly profit rose to $66.6 million, or $2.13 per share, from $49.2 million, or $1.62 per share, in the year-ago period. Excluding certain items, Dollar Thrifty earned $2.14 per share. Its revenue rose 1.8% to $451.7 million. However, analysts were expecting earnings of $1.92 per share on revenue of $448 million. 

Emerson Electric Co (NYSE: <a class="ticker" href="/stock/emr#NYSE">EMR</a>) reported a rise in its fiscal fourth-quarter income. Emerson Electric's quarterly profit rose to $761 million, or $1.01 per share, from $749 million, or $0.98 per share, in the year-ago period. The latest quarter earnings included $0.03 per share in discontinued operations. Its revenue gained 12% to $6.55 billion. However, analysts were expecting earnings of $0.96 per share on revenue of $6.59 billion. 

Entergy Corp (NYSE: <a class="ticker" href="/stock/etr#NYSE">ETR</a>) reported a 27% rise in its third-quarter profit. Entergy's quarterly profit climbed to $628.1 million, or $3.53 per share, from $492.9 million, or $2.62 per share, in the year-ago period. The company projected earnings of $3.52 per share. Its revenue gained 1.9% to $3.4 billion, versus analysts' estimates of $3.73 billion. 

AmerisourceBergen Corp (NYSE: <a class="ticker" href="/stock/abc#NYSE">ABC</a>) reported a 4.3% rise in its fiscal fourth-quarter net income. AmerisourceBergen's quarterly profit surged to $147.3 million, or $0.54 per share, from $141.2 million, or $0.50 per share, in the year-ago quarter. Its shares outstanding dropped 4.4% to 271.4 million. AmerisourceBergen's revenue climbed to $20.41 billion from $19.72 billion. However, analysts were expecting earnings of $0.56 per share on revenue of $20.20 billion. 

Public Service Enterprise Group Inc (NYSE: <a class="ticker" href="/stock/peg#NYSE">PEG</a>) reported a drop in its third-quarter profit on Tuesday. PSEG's quarterly profit dropped to $294 million, or $0.58 per share, from $567 million, or $1.12 per share, in the year-earlier period. Its adjusted earnings came in at $0.83 per share. However, analysts were expecting earnings of $0.82 per share. 

Imperial Tobacco Group PLC (OTC: <a class="ticker" href="/stock/ityby#OTC">ITYBY</a>) reported an increase in its full-year profit. Imperial Tobacco's net profit for the period climbed to GBP1.8 billion, from GBP1.5 billion, in the year-ago period. Its revenue climbed 3.7% to GBP29.2 billion from GBP28.2 billion. Cigarette volumes dropped to 302.1 billion from 308.7 billion. Imperial Tobacco also proposed a 13% surge in its net dividend to 95.1 pence.

Royal DSM NV (OTC: <a class="ticker" href="/stock/rdsmy#OTC">RDSMY</a>) reported a strong rise in its third-quarter net income. Royal DSM's quarterly net income surged to 171 million euros ($236.2 million), or €1 per share, from €79 million, or €0.46 per share, in the year-ago quarter. Its profit from continuing operations before special items climbed 38% to €0.94 per share, versus €0.68 per share. Royal DSM's sales gained to €2.32 billion from €2.21 billion.

Nomura Holdings Inc (NYSE: <a class="ticker" href="/stock/nmr#NYSE">NMR</a>) swung to a loss in the July-September period. Nomura reported a quarterly net loss of Y46.1 billion, versus a net profit of Y17.8 billion, in the April-June quarter. However, analysts were expecting a loss of Y35.60 billion. 

Astellas Pharma Inc (OTC: <a class="ticker" href="/stock/alpmy#OTC">ALPMY</a>) reported a 17% rise in its net profit for the six months and raised its full-year forecast. Astellas Pharma's net profit for the period rose to Y51.33 billion, from Y43.89 billion, in the year-ago period. Its operating profit climbed 22% to Y83.00 billion from Y67.92 billion. Astellas Pharma's revenue gained to 483.93 billion, from Y461.73 billion. 

Fuji Heavy Industries Ltd (OTC: <a class="ticker" href="/stock/fujhy#OTC">FUJHY</a>) reported a 27% decline in its net profit in the first half ended September. Fuji Heavy's net profit for the period declined to Y32.75 billion, from Y44.57 billion, in the year-ago period. Its sales dropped 19% to Y655.02 billion, from Y803.99 billion. 

Mitsubishi Corp (OTC: <a class="ticker" href="/stock/msbhy#OTC">MSBHY</a>) reported an 8.3% drop in its net profit for the six months ended September 30. Mitsubishi Corp's net profit for the period dropped to Y245.69 billion, from Y267.96 billion, in the year-ago period. Its revenue gained 4.5% to Y10.009 trillion from Y9.581 trillion. Mitsubishi Corp's operating profit declined 15% to Y168.61 billion. 

Hitachi Ltd (NYSE: <a class="ticker" href="/stock/hit#NYSE">HIT</a>) reported a 33% drop in its net profit for the fiscal second quarter. Hitachi's quarterly net profit declined to Y48.0 billion, from Y71.9 billion, in the year-ago period. Its operating profit dropped 9% to Y118.2 billion from Y129.5 billion. Hitachi's revenue gained 3% to Y2.422 trillion from Y2.350 trillion.

Credit Suisse Group (NYSE: <a class="ticker" href="/stock/cs#NYSE">CS</a>) reported a 12% rise in its third-quarter net income and announced its plans to make more cost cuts. Credit Suisse's quarterly earnings rose to 683 million Swiss francs ($777.6 million), or 0.53 franc per share, from 609 million francs, or 0.48 franc per share, in the year-ago period. On a core basis, Credit Suisse's pretax profit from continuing operations climbed 38% to 1.04 billion francs. Its revenue gained 8.5% to 6.82 billion francs. Credit Suisse's underlying net income, excluding fair-value gains on the company's debt and other special items, came in at 441 million francs.

Teijin Ltd (OTC: <a class="ticker" href="/stock/tinly#OTC">TINLY</a>) reported a 61% drop in its net profit for the fiscal second quarter. Teijin's quarterly net profit fell to Y2.9 billion, from Y7.5 billion, in the year-ago period. Its sales dropped to Y204.0 billion, from Y207.3 billion. Teijin's operating profit dropped 23% to Y9.6 billion from Y12.4 billion. 

Sandvik AB (OTC: <a class="ticker" href="/stock/sdvky#OTC">SDVKY</a>) reported a 60% decline in its third-quarter profit. Sandvik's quarterly earnings dropped to 626 million Swedish kronor ($96 million), or 0.53 krona per share, versus 1.58 billion kronor, or 1.33 krona per share, in the year-ago period. Its sales rose to 23.53 billion kronor from 20.24 billion kronor.

Teijin Ltd (OTC: TINLY) reported a 61% drop in its net profit for the fiscal second quarter.

Teijin's quarterly net profit fell to Y2.9 billion, from Y7.5 billion, in the year-ago period. Its sales dropped to Y204.0 billion, from Y207.3 billion. Teijin's operating profit dropped 23% to Y9.6 billion from Y12.4 billion. 

For the full business year ending March 2012, Teijin lowered its net profit forecast to Y24 billion, versus Y32 billion. It also lowered its operating profit view to Y50 billion, versus Y61 billion. It projects sales of Y890 billion, down from its earlier forecast of Y920 billion.

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Forest Oil Corp (NYSE: <a class="ticker" href="/stock/fst#NYSE">FST</a>) reported a 20% rise in its third-quarter earnings. Forest Oil's quarterly profit surged to $82.8 million, or $0.72 per share, from $68.9 million, or $0.60 per share, in the year-ago period. Excluding certain items, Forest Oil earned $0.32 per share. Its revenue dropped to $174.1 million. However, analysts were expecting earnings of $0.26 per share on revenue of $198.6 million.

Pfizer Inc (NYSE: <a class="ticker" href="/stock/pfe#NYSE">PFE</a>) reported a rise in its third-quarter net income and raised its 2011 adjusted earnings forecast. Pfizer's quarterly profit surged to $3.74 billion, or $0.48 per share, from $866 million, or $0.11 per share, in the year-ago period. Pfizer's adjusted net income came in at $0.62 per share. Its revenue climbed to $17.19 billion from $16 billion. However, analysts were expecting earnings of $0.55 per share on revenue of $16.43 billion. 

Archer Daniels Midland Co (NYSE: <a class="ticker" href="/stock/adm#NYSE">ADM</a>) reported a rise in its fiscal first-quarter net income on Tuesday. Archer Daniels' quarterly net income climbed to $460 million, or $0.68 per share, from $345 million, or $0.54 per share, in the year-earlier period. On an adjusted basis, Archer Daniels earned $0.58 per share. However, analysts were expecting earnings of $0.67 per share.

Thomson Reuters Corp (NYSE: <a class="ticker" href="/stock/tri#NYSE">TRI</a>) reported a strong rise in its third-quarter profit on Tuesday. Thomson Reuters' quarterly profit climbed to $659 million, or $0.44 per share, from $356 million, or $0.32 per share, in the year-earlier period. Its adjusted profit came in at $0.56 per share. Thomson Reuters' revenue gained 6% to $3.45 billion. Its revenue from ongoing businesses surged 8% to $3.26 billion. However, analysts were expecting earnings of $0.54 per share on revenue of $3.27 billion.

Baker Hughes Inc (NYSE: <a class="ticker" href="/stock/bhi#NYSE">BHI</a>) reported a rise in its third-quarter earnings. Baker Hughes reported its quarterly profit at $706 million, or $1.61 per share, up from $255 million, or $0.59 per share, in the year-ago period. Excluding a tax benefit, Baker Hughes earned $1.18 per share. Its revenue surged 27% to $5.18 billion. However, analysts were expecting earnings of $1.22 per share on revenue of $5.17 billion.

MetroPCS Communications Inc (NYSE: <a class="ticker" href="/stock/pcs#NYSE">PCS</a>) reported a 10% drop in its third-quarter earnings. MetroPCS reported its quarterly profit at $69.3 million, or $0.19 per share, versus $77.3 million, or $0.22 per share, in the year-ago period. Its revenue surged 18% to $1.21 billion. However, analysts were expecting earnings of $0.23 per share on revenue of $1.22 billion. 

Westlake Chemical Corp (NYSE: <a class="ticker" href="/stock/wlk#NYSE">WLK</a>) reported an 8.3% rise in its third-quarter profit. Westlake Chemical's quarterly profit climbed to $67.9 million, or $1.01 per share, from $62.7 million, or $0.95 per share, in the year-ago period. Its revenue surged 24% to $968.4 million. However, analysts were expecting earnings of $0.98 per share on revenue of $911 million. 

Genesee & Wyoming Inc (NYSE: <a class="ticker" href="/stock/gwr#NYSE">GWR</a>) reported a 33% surge in its third-quarter earnings. Genesee & Wyoming's quarterly profit surged to $32.9 million, or $0.77 per share, from $24.8 million, or $0.59 per share, in the year-ago period. Its revenue jumped 39% to $217.2 million. Genesee & Wyoming in August projected earnings from continuing operations of $0.75 to $0.80 per share on revenue of $210 million to $215 million. 

Nicor Inc (NYSE: <a class="ticker" href="/stock/gas#NYSE">GAS</a>) reported a 58% drop in its third-quarter earnings. Nicor reported its quarterly profit at $5.7 million, or $0.12 per share, versus $13.6 million, or $0.30 per share, in the year-ago period. Its operating revenue dropped 1.2% to $348.4 million. 

Dollar Thrifty Automotive Group Inc (NYSE: <a class="ticker" href="/stock/dtg#NYSE">DTG</a>) reported a 36% surge in its third-quarter earnings. Dollar Thrifty's quarterly profit rose to $66.6 million, or $2.13 per share, from $49.2 million, or $1.62 per share, in the year-ago period. Excluding certain items, Dollar Thrifty earned $2.14 per share. Its revenue rose 1.8% to $451.7 million. However, analysts were expecting earnings of $1.92 per share on revenue of $448 million. 

Emerson Electric Co (NYSE: <a class="ticker" href="/stock/emr#NYSE">EMR</a>) reported a rise in its fiscal fourth-quarter income. Emerson Electric's quarterly profit rose to $761 million, or $1.01 per share, from $749 million, or $0.98 per share, in the year-ago period. The latest quarter earnings included $0.03 per share in discontinued operations. Its revenue gained 12% to $6.55 billion. However, analysts were expecting earnings of $0.96 per share on revenue of $6.59 billion. 

Entergy Corp (NYSE: <a class="ticker" href="/stock/etr#NYSE">ETR</a>) reported a 27% rise in its third-quarter profit. Entergy's quarterly profit climbed to $628.1 million, or $3.53 per share, from $492.9 million, or $2.62 per share, in the year-ago period. The company projected earnings of $3.52 per share. Its revenue gained 1.9% to $3.4 billion, versus analysts' estimates of $3.73 billion. 

AmerisourceBergen Corp (NYSE: <a class="ticker" href="/stock/abc#NYSE">ABC</a>) reported a 4.3% rise in its fiscal fourth-quarter net income. AmerisourceBergen's quarterly profit surged to $147.3 million, or $0.54 per share, from $141.2 million, or $0.50 per share, in the year-ago quarter. Its shares outstanding dropped 4.4% to 271.4 million. AmerisourceBergen's revenue climbed to $20.41 billion from $19.72 billion. However, analysts were expecting earnings of $0.56 per share on revenue of $20.20 billion. 

Public Service Enterprise Group Inc (NYSE: <a class="ticker" href="/stock/peg#NYSE">PEG</a>) reported a drop in its third-quarter profit on Tuesday. PSEG's quarterly profit dropped to $294 million, or $0.58 per share, from $567 million, or $1.12 per share, in the year-earlier period. Its adjusted earnings came in at $0.83 per share. However, analysts were expecting earnings of $0.82 per share. 

Imperial Tobacco Group PLC (OTC: <a class="ticker" href="/stock/ityby#OTC">ITYBY</a>) reported an increase in its full-year profit. Imperial Tobacco's net profit for the period climbed to GBP1.8 billion, from GBP1.5 billion, in the year-ago period. Its revenue climbed 3.7% to GBP29.2 billion from GBP28.2 billion. Cigarette volumes dropped to 302.1 billion from 308.7 billion. Imperial Tobacco also proposed a 13% surge in its net dividend to 95.1 pence.

Royal DSM NV (OTC: <a class="ticker" href="/stock/rdsmy#OTC">RDSMY</a>) reported a strong rise in its third-quarter net income. Royal DSM's quarterly net income surged to 171 million euros ($236.2 million), or €1 per share, from €79 million, or €0.46 per share, in the year-ago quarter. Its profit from continuing operations before special items climbed 38% to €0.94 per share, versus €0.68 per share. Royal DSM's sales gained to €2.32 billion from €2.21 billion.

Nomura Holdings Inc (NYSE: <a class="ticker" href="/stock/nmr#NYSE">NMR</a>) swung to a loss in the July-September period. Nomura reported a quarterly net loss of Y46.1 billion, versus a net profit of Y17.8 billion, in the April-June quarter. However, analysts were expecting a loss of Y35.60 billion. 

Astellas Pharma Inc (OTC: <a class="ticker" href="/stock/alpmy#OTC">ALPMY</a>) reported a 17% rise in its net profit for the six months and raised its full-year forecast. Astellas Pharma's net profit for the period rose to Y51.33 billion, from Y43.89 billion, in the year-ago period. Its operating profit climbed 22% to Y83.00 billion from Y67.92 billion. Astellas Pharma's revenue gained to 483.93 billion, from Y461.73 billion. 

Fuji Heavy Industries Ltd (OTC: <a class="ticker" href="/stock/fujhy#OTC">FUJHY</a>) reported a 27% decline in its net profit in the first half ended September. Fuji Heavy's net profit for the period declined to Y32.75 billion, from Y44.57 billion, in the year-ago period. Its sales dropped 19% to Y655.02 billion, from Y803.99 billion. 

Mitsubishi Corp (OTC: <a class="ticker" href="/stock/msbhy#OTC">MSBHY</a>) reported an 8.3% drop in its net profit for the six months ended September 30. Mitsubishi Corp's net profit for the period dropped to Y245.69 billion, from Y267.96 billion, in the year-ago period. Its revenue gained 4.5% to Y10.009 trillion from Y9.581 trillion. Mitsubishi Corp's operating profit declined 15% to Y168.61 billion. 

Hitachi Ltd (NYSE: <a class="ticker" href="/stock/hit#NYSE">HIT</a>) reported a 33% drop in its net profit for the fiscal second quarter. Hitachi's quarterly net profit declined to Y48.0 billion, from Y71.9 billion, in the year-ago period. Its operating profit dropped 9% to Y118.2 billion from Y129.5 billion. Hitachi's revenue gained 3% to Y2.422 trillion from Y2.350 trillion.

Credit Suisse Group (NYSE: <a class="ticker" href="/stock/cs#NYSE">CS</a>) reported a 12% rise in its third-quarter net income and announced its plans to make more cost cuts. Credit Suisse's quarterly earnings rose to 683 million Swiss francs ($777.6 million), or 0.53 franc per share, from 609 million francs, or 0.48 franc per share, in the year-ago period. On a core basis, Credit Suisse's pretax profit from continuing operations climbed 38% to 1.04 billion francs. Its revenue gained 8.5% to 6.82 billion francs. Credit Suisse's underlying net income, excluding fair-value gains on the company's debt and other special items, came in at 441 million francs.

Teijin Ltd (OTC: <a class="ticker" href="/stock/tinly#OTC">TINLY</a>) reported a 61% drop in its net profit for the fiscal second quarter. Teijin's quarterly net profit fell to Y2.9 billion, from Y7.5 billion, in the year-ago period. Its sales dropped to Y204.0 billion, from Y207.3 billion. Teijin's operating profit dropped 23% to Y9.6 billion from Y12.4 billion. 

Sandvik AB (OTC: <a class="ticker" href="/stock/sdvky#OTC">SDVKY</a>) reported a 60% decline in its third-quarter profit. Sandvik's quarterly earnings dropped to 626 million Swedish kronor ($96 million), or 0.53 krona per share, versus 1.58 billion kronor, or 1.33 krona per share, in the year-ago period. Its sales rose to 23.53 billion kronor from 20.24 billion kronor.

Teijin Ltd (OTC: TINLY) reported a 61% drop in its net profit for the fiscal second quarter.

Teijin's quarterly net profit fell to Y2.9 billion, from Y7.5 billion, in the year-ago period. Its sales dropped to Y204.0 billion, from Y207.3 billion. Teijin's operating profit dropped 23% to Y9.6 billion from Y12.4 billion. 

For the full business year ending March 2012, Teijin lowered its net profit forecast to Y24 billion, versus Y32 billion. It also lowered its operating profit view to Y50 billion, versus Y61 billion. It projects sales of Y890 billion, down from its earlier forecast of Y920 billion. 


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