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Earnings Roundup
Thursday, August 11, 2011 - 9:10am | 1122Elizabeth Arden Inc (NASDAQ: RDEN) reported a strong rise in its fiscal fourth-quarter earnings. Elizabeth Arden reported its quarterly profit at $5.4 million, or $0.18 per share, up from $2.3 million, or $0.08 per share, in the year-ago period. Its sales surged 11% to $253.8 million. However,...
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UPDATE: Wendy's Reports Rise In Q2 Profit
Thursday, August 11, 2011 - 9:06am | 70Wendy's Company (The) (NYSE: WEN) reported a rise in its second-quarter profit on Thursday. Wendy's quarterly profit surged to $11.3 million from $10.7 million. Its earnings per share came in at $0.03 per share. Its revenue climbed to $622.5 million from $607.4 million. However, analysts were...
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UPDATE: O'Charley's Reports Wider-Than-Expected Loss In Second Quarter
Thursday, August 11, 2011 - 8:47am | 90O'Charley's Inc (NASDAQ: CHUX) reported wider-than-expected second-quarter loss on Thursday. O'Charley's reported a quarterly loss of $1.8 million, or $0.09 per share, versus a loss of $2.5 million, or $0.12 per share, in the year-ago period. Its loss from continuing operations came in at $0.08...
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UPDATE: Tim Hortons Reports 1.5% Rise In Q2 Profit
Thursday, August 11, 2011 - 8:39am | 58Tim Hortons Inc (NYSE: THI) reported a 1.5% increase in its quarterly profit. Tim Hortons' second-quarter earnings surged to C$95.5 million ($95.5 million), or 58 Canadian cents per share, from C$94.1 million, or 54 Canadian cents per share, in the year-earlier period. Its revenue climbed 10% to C...
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UPDATE: Brinker Reports Upbeat FQ4 Profit; Shares Up In Pre-Market Trading
Thursday, August 11, 2011 - 8:35am | 73Brinker International Inc (NYSE: EAT) reported upbeat quarterly profit on Thursday. Brinker's fiscal fourth-quarter net income declined to $41.9 million, or $0.50 per share, from $63.6 million, or $0.62 per share, in the year-ago period. Excluding one-time items, Brinker's earnings came in at $0....
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US Stock Futures Up; Cisco Shares Jump In Pre-Market
Thursday, August 11, 2011 - 5:56am | 490US stock futures are higher this morning, after a strong decline in the prior session. Shares of Cisco Systems Inc (NASDAQ: CSCO) surged about 9.2% in pre-market trading after the company reported upbeat quarterly results. Futures for the Dow Jones Industrial Average surged 128 points to 10,853.00...
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Earnings Scheduled For August 11
Thursday, August 11, 2011 - 3:43am | 554Brinker International Inc (NYSE: EAT) is estimated to report its Q4 EPS at $0.47 on revenue of $710.57 million. NVIDIA Corporation (NASDAQ: NVDA) is projected to report its Q2 EPS at $0.25 on revenue of $1.01 billion. Kohl's Corporation (NYSE: KSS) is projected to report its Q2 EPS at $1.02 on...
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Stock Watch List For Thursday, Aug 11
Wednesday, August 10, 2011 - 5:52pm | 3321( click to enlarge ) Forbes reported today that Google is looking to acquire mobile chip technology maker InterDigital (NASDAQ:IDCC) and its 8,800 patents. Due to several patent lawsuits against Google, the company may try to acquire the wireless chip technology firm. One of the main...
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Warren Buffett Said Ignore Political and Economic Forecasts
Wednesday, August 10, 2011 - 4:54pm | 3725There's certainly no shortage of pundits, prognosticators and even self-proclaimed prophets ready and willing to bombard us with dire forecasts about our future. We get a day in the market like Monday, August 8, 2011, and "Chicken Little" shows up everywhere to include radio, television,...
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Morning Market Movers
Wednesday, August 10, 2011 - 9:55am | 124Good Times Restaurants Inc (NASDAQ: GTIM) climbed 28.47% to $1.85 at 9:50 am.GTIM shares have dropped 37.66% over the past 52 weeks, while the S&P 500 index has gained 4.59% in the same period. Uni-Pixel Inc (NASDAQ: UNXL) surged 24.10% to $6.5899. UNXL is scheduled to report its Q2 earnings...
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UPDATE: Goldman Sachs Upgrades McDonald's to Buy, Maintains PT at $96
Tuesday, August 9, 2011 - 9:04am | 58Goldman Sachs upgraded its rating on McDonald's (NYSE: MCD) from Neutral to Buy. At the same time, the rating agency left its price target on the company's stock unchanged at $96. On Monday, MCD closed the day at $82.11. Its shares added 0.8% to their value in today's pre-market trading to stand...
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Goldman Upgrades McDonald's To Conviction List Buy, $96 PT
Tuesday, August 9, 2011 - 8:23am | 24Goldman Sachs has added McDonald's (NYSE: MCD) to its Conviction Buy List with a $96 price target.
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Goldman Adds McDonald's To Conviction Buy
Tuesday, August 9, 2011 - 8:06am | 148Goldman Sachs is adding shares of McDonald's (NYSE: MCD) to its Conviction Buy List, and it has a $96 price target on shares. In a note to clients, Goldman Sachs writes, "We upgrade MCD shares from Neutral to Buy and add the shares to our Conviction List as we see the potential for 20% total...
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Deutsche Bank Maintains Buy on Wendy's Arby's Group
Tuesday, August 9, 2011 - 8:05am | 117Deutsche Bank is out with its report today on Wendy's/ Arby's Group (NYSE: WEN), maintaining Buy. In its report, Deutsche Bank writes, "Focus issues for WEN include: cash utilization, breakfast progress, upcoming 'golden' burger launch, inflation update, HQ restructuring plans, and of course, July...
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Piper Jaffray Reiterates Overweight and PT of $148 on Panera Bread
Tuesday, August 9, 2011 - 7:09am | 61Piper Jaffray reiterated its Overweight rating on Panera Bread (NASDAQ: PNRA). At the same time, the rating agency left its price target on the company's stock unchanged at $148. On Monday, PNRA lost 8.45% of its value to finish the day at $96.68. Its shares started to rebound in today's pre-market...