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Company News for February 02, 2011 - Corporate Summary
Wednesday, February 2, 2011 - 9:15am | 797• Corinthian Colleges (NASDAQ:COCO) reported Q2 EPS of $0.23, missing the Zacks Consensus Estimate by a penny. Revenues for the quarter rose 16.5% year-over-year to $482.8 million, well ahead of the Zacks Consensus Estimate of $463 million • Cummins (NYSE:CMI) reported Q4 EPS of $1.84, above the...
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McGraw-Hill Beats Estimates - Analyst Blog
Tuesday, February 1, 2011 - 2:00pm | 903The McGraw-Hill Companies Inc. (MHP), a publisher and provider of financial information and media services, posted higher-than-expected fourth-quarter 2010 results on the heels of robust performance across Standard & Poor's (S&P's) services and global energy information products. The...
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McGraw-Hill Beats Estimates - Analyst Blog
Tuesday, February 1, 2011 - 1:45pm | 903The McGraw-Hill Companies Inc. (MHP), a publisher and provider of financial information and media services, posted higher-than-expected fourth-quarter 2010 results on the heels of robust performance across Standard & Poor's (S&P's) services and global energy information products. The...
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News Summary
Tuesday, February 1, 2011 - 9:32am | 239Shares of Archer Daniels Midland Co (NYSE: ADM) advanced about 7% after the company reported Q2 results. The company's net profit increased to $1.14 per share, from $0.88 per share, in the year-ago period. ADM reported its sales at $20.93 billion, up from $15.91 billion, in the year-ago quarter....
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Stock Market News for Feb 01, 2011 - Market News
Tuesday, February 1, 2011 - 9:31am | 1298Markets closed in the green on Monday as strong earnings results from Exxon Mobil (NYSE:XOM) and positive economic data help offset concerns about political unrest in Egypt. The Dow Jones Industrial Average rose by 0.6% to close at 11,891.93. The blue-chip index gained 2.7% in January, the best...
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Stock Market News for Feb 01, 2011 - Market News
Tuesday, February 1, 2011 - 9:16am | 1298Markets closed in the green on Monday as strong earnings results from Exxon Mobil (NYSE:XOM) and positive economic data help offset concerns about political unrest in Egypt. The Dow Jones Industrial Average rose by 0.6% to close at 11,891.93. The blue-chip index gained 2.7% in January, the best...
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McClatchy Announces Termination of Miami Land Sale
Tuesday, February 1, 2011 - 8:41am | 85The McClatchy Company (NYSE: MNI) announced today that the agreement to sell 10 acres of land adjacent to The Miami Herald has been terminated. Under the terms of the existing purchase agreement, as amended on January 19, 2010, the buyer had until Jan. 31, 2011, to close the transaction. Under...
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US Stock Futures Up As Investors Await Economic Data, Earnings Reports; Pfizer Results In Focus
Tuesday, February 1, 2011 - 6:46am | 386US stock futures are higher this morning, as investors are awaiting earnings from Pfizer Inc (NYSE: PFE) and other major companies. Futures on the Dow Jones Industrial Average advanced 43 points to 11,883.00 and S&P 500 futures gained 6.60 points to 1,289.00. Nasdaq 100 futures climbed 14.50...
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Earnings Scheduled For February 1 (UPS, PFE, BIIB, ADM, COV, CE, MHP, LXK, BRCM, AFL, ERTS, BSX, WU)
Tuesday, February 1, 2011 - 3:20am | 337United Parcel Service Inc (NYSE: UPS) is expected to report its Q4 earnings at $1.05 per share on revenue of $13.41 billion. Pfizer (NYSE: PFE) is projected to report its Q4 EPS at $0.46 on revenue of $16.99 billion. Biogen Idec (NASDAQ: BIIB) is estimated to report its Q4 earnings at $1.23 per...
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Tenet Signs with Keystone MHP - Analyst Blog
Monday, January 31, 2011 - 5:31pm | 945To provide coverage to two Philadelphia hospitals, Tenet Healthcare Corporation (THC) has agreed to sign with Keystone Mercy Health Plan (MHP), which is a Medicaid managed care program in Philadelphia. However, the financial terms of the deal were not disclosed. Keystone MHP serves more than...
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Tenet Signs with Keystone MHP - Analyst Blog
Monday, January 31, 2011 - 5:07pm | 945To provide coverage to two Philadelphia hospitals, Tenet Healthcare Corporation (THC) has agreed to sign with Keystone Mercy Health Plan (MHP), which is a Medicaid managed care program in Philadelphia. However, the financial terms of the deal were not disclosed. Keystone MHP serves more than...
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Cavium Networks Signs Definitive Agreement to Acquire China-Based Celestial Semiconductor (CAVM)
Monday, January 31, 2011 - 4:07pm | 665Cavium Networks (NASDAQ: CAVM) announced today that it is has signed a definitive agreement to acquire China-based privately held Celestial Semiconductor, a fabless semiconductor company headquartered in Beijing, China with centers in Shenzhen and Shanghai. Celestial is a fast growing provider of...
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Gannett's EPS Up, Revs Below Par - Analyst Blog
Monday, January 31, 2011 - 12:31pm | 754Gannett Company, Inc. (GCI), the publisher of the nation's largest-selling daily newspaper USA Today, posted better-than-expected fourth-quarter 2010 results, buoyed by effective cost-cutting measures and improved advertising demand. Operating expenses, excluding one-time items, dropped 3.4% from...
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Gannett's EPS Up, Revs Below Par - Analyst Blog
Monday, January 31, 2011 - 11:52am | 754Gannett Company, Inc. (GCI), the publisher of the nation's largest-selling daily newspaper USA Today, posted better-than-expected fourth-quarter 2010 results, buoyed by effective cost-cutting measures and improved advertising demand. Operating expenses, excluding one-time items, dropped 3.4% from...
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Meredith Corporation Increases Dividend 11%; Reinitiates 1.1M Share Repurchase Program
Monday, January 31, 2011 - 11:36am | 89The Meredith Corporation (NYSE: MDP) Board of Directors yesterday approved an 11 percent raise in its quarterly dividend to $0.255 per share, or $1.02 on an annual basis. It is the 18th year in a row that Meredith has increased its dividend, and the 64th consecutive year of dividend payments....