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Company News for February 4, 2010 - Corporate Summary
Thursday, February 4, 2010 - 9:51am | 207• CIGNA (NYSE:CI) reported quarterly numbers of $1.03, versus Zacks estimates of 96 cents, and up from 49 cents a year ago on revenues of $4.64 billion. The company reaffirmed full year guidance of $3.75-$4.15 • Starwoods (NYSE:HOT) reported earnings of 51 cents a share, versus estimates of 22...
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Stock Market News for February 4, 2010 - Market News
Thursday, February 4, 2010 - 9:49am | 388Stocks lost steam after a two-day advance as a weak report on service industries and a mixed report on labor market worried investors. Lingering sovereign debt concerns and worries related to bank reforms kept traders off the buying table. The blue-chip Dow average, which jumped 230 points in...
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Earnings Roundup (AVP, DO, CINF)
Thursday, February 4, 2010 - 8:11am | 236Avon Products, Inc. (NYSE: AVP) reported today a fourth-quarter net income of $269.4 million, or $0.62 per share, as compared to $232.4 million, or $0.54 per share in the year-ago period. Revenue increased 13% to $3.15 billion for the quarter. Analysts expected Avon Products to report earnings of $...
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Estée Lauder (EL) Profits Surge 62% On International Demand
Thursday, January 28, 2010 - 11:46am | 192Estée Lauder Companies Inc. (NYSE: EL), the maker of beauty product lines such as M*A*C and Clinique, reported a 62% jump in 2nd fiscal quarter profit on Thursday. Estée Lauder's profit for the 2nd fiscal quarter ending on December 31 was $256.2 million, or $1.28 per share, up from $158 million, or...
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Elizabeth Arden Inc. (RDEN) Reports Strong Results For Q2, FY2010
Thursday, January 28, 2010 - 11:44am | 123CJS Securities has released an update on Elizabeth Arden Inc. (NASDAQ: RDEN). Elizabeth Arden posted strong results for the second quarter of FY2010. The company reported EPS of $0.80 which was ahead of CJS’s estimate of $0.70. The mass retail segment saw an increase in sales of 7%. The company...
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Estee Lauder Profits Jumps 62% In FQ2
Thursday, January 28, 2010 - 8:52am | 104Cosmetics group Estee Lauder (NYSE: EL) said second-quarter profit surged 62% to $256 million, or $1.28 a share, as sales rose 10.5% to $2.26 billion. The results are way above the consensus expectations of profits of $1.21 per share on revenues of $2.24 billion. Excluding restructuring charges,...
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NYSE Earnings Update (LMT, EL, TXT)
Thursday, January 28, 2010 - 8:08am | 242Lockheed Martin Corporation (NYSE: LMT) reported today a fourth-quarter net income of $827 million, or $2.17 a share, as compared to $823 million, or $2.05 a share, in the year ago period. Analysts had expected Lockheed Martin to report earnings per share of $1.99. Revenue totaled $12.5 billion, as...
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Earnings Round-up For Companies Reporting Before The Markets Open (MOT, T, AMZN, MMM, MSFT, MO, BDX, AEP, AZN, BMY, CAH, CEL, C, D, EL)
Thursday, January 28, 2010 - 6:43am | 686Companies reporting before the bell: Motorola (NYSE: MOT): The company may report its earnings at $0.8 per share. Read more about this company here. AT&T (NYSE: T): The telecommunications company is expected to report its earnings at $0.51 a share, reflecting a $0.13 decline from its year-...
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Earnings Preview: The Estee Lauder Co. (EL)
Wednesday, January 27, 2010 - 12:20pm | 69The Estee Lauder Co. (NYSE: EL) will announce its prior fiscal quarter’s results before the market opens on Thursday. The cosmetics company is expected to earn $1.28 per share, versus an EPS of $0.80 for the same quarter a year earlier. The Estee Lauder Co. has topped estimates in three of its last...
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Montblanc License Acquisition Accretive To IPAR Annual EPS
Tuesday, January 26, 2010 - 2:16pm | 156Analysts at Caris & Company reiterate their “buy” rating on Inter Parfums, Inc (NASDAQ: IPAR), while raising their estimates for the company. The target price for IPAR has been raised from $16 to $18. Inter Parfums has signed a 10.5 year license agreement with Montblanc to create, produce and...
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Caris Shifts IPAR Target Up
Tuesday, January 26, 2010 - 12:34pm | 106Caris reiterated its “buy” rating for Inter Parfums (NASDAQ: IPAR), while raising its estimates for the company. Caris has raised its target price for IPAR from $16 to $18. According to Caris, IPAR’s licensing agreement with Montblanc is likely to be accretive to the company’s annual earnings by a...
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NUS – A Solid Income And Growth Stock
Tuesday, January 26, 2010 - 12:02pm | 139Scheduled to announce results for the December quarter on February 4, Nu Skin Enterprises Inc (NYSE: NUS) is forecasted to post a marginal decline in earnings to $0.40 per share. The company had reported its earnings for the earlier quarter bang on the consensus expectations of $0.41, marking...
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RDEN To Meet Or Exceed Expectations
Monday, January 25, 2010 - 1:55pm | 142Analysts at SunTrust Robinson Humphrey reiterate their “buy” rating on Elizabeth Arden, Inc (NASDAQ: RDEN). The target price for RDEN is set to $20. Elizabeth Arden is scheduled to report its 2Q10 results on January 27, after the market closes. The analysts expect RDEN to post revenues of $386.0...
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EL Continues To Move Up
Thursday, January 21, 2010 - 12:31pm | 137Estee Lauder Companies Inc (NYSE: EL) shares continued their upward move today, gaining 8.14% to $53.03. The shares had added 5% to $51.51 in after-hours trading. EL’s stock is trading higher since yesterday when the company raised its second-quarter earnings and sales on strong growth in Asia and...
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Bare Escentuals To Be Acquired By Shiseido (BARE)
Friday, January 15, 2010 - 11:28am | 89Japanese cosmetic company, Shiseido has reached an agreement to acquire Bare Escentuals (NASDAQ: BARE). The agreement specifies that Shiseido will pay $1.7 billion, or $18.20 per share in order to acquire Bare Escentuals (BARE) in a cash deal. The deal represents a 43% premium to yesterday's...