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Stock Market News for February 3, 2010 - Market News
Wednesday, February 3, 2010 - 10:15am | 394Stocks started on a sluggish note but ended the session sharply higher as better-than-expected earnings reports and upbeat economic data helped calm lingering worries about the economy. Nevertheless, broader concerns regarding Obama's spending plans and banking reform intentions, Beijing's move to...
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Earnings Round-Up for Companies Reporting Before The Bell on February 3 (BDK, CSL, PFE, CMCSA, ENB, HNI, ITT, IP, LAZ, RL, TWX, UMC)
Wednesday, February 3, 2010 - 5:44am | 457Black & Decker (NYSE: BDK): The power tools manufacturer is seen posting $0.76 in EPS on revenues of $1.2 billion. The consensus represents a year-over-year decline in earnings and revenues. Carlisle Companies (NYSE: CSL): Wall Street expects the construction materials manufacturer to earn $0....
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Internal Discussions At Fox Over Possible Conan O'Brien Show
Tuesday, February 2, 2010 - 7:30pm | 153News Corporation (Nasdaq: NWS) (Nasdaq: NWSA) chairman Rupert Murdoch, speaking with reporters during a conference call on Tuesday, said that his Fox network is having internal talks about offering former "Tonight Show" host Conan O'Brien a new late night program. So far, the talks are just...
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Moody's Changes Textron's Outlook From Negative To Stable
Tuesday, February 2, 2010 - 1:12pm | 18Moody's changes Textron's (NYSE: TXT) outlook from Negative to Stable.
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Stock Market News for February 2, 2010 - Market News
Tuesday, February 2, 2010 - 10:26am | 503Stocks started a new month on a solid footing as encouraging economic data and a strong earnings report from Exxon Mobil bolstered investors’ appetite for riskier assets. Although Friday’s impressive GDP report had given some boost to wavering sentiments, it failed to stem the sell-off as...
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Comcast (CMCSA) CEO Optimistic About Merger With NBC Universal : CNBC
Friday, January 29, 2010 - 11:26am | 116Cable behemoth Comcast (NASDAQ: CMCSA) and NBC Universal (NYSE: GE) are in the process of convincing Federal Communications Commission (FCC) that their merger is in the public interest. They are also trying to make a point that this merger should not invoke antitrust laws. Both the companies have...
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Company News for January 29, 2010 - Corporate Summary
Friday, January 29, 2010 - 10:28am | 172• Honeywell (NYSE:HON) reported a one penny fourth quarter earnings beat of 91 cents on revenues of $8.1 billion, just below Zacks estimates of $8.16 billion. The firm said it expects for 2010 earnings of $2.20 to $2.40 • Dover (NYSE:DOV) reported estimate-topping fourth quarter earnings of 55...
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Company News for January 28, 2010 - Corporate Summary
Thursday, January 28, 2010 - 10:28am | 161• Ford (NYSE:F) reported record fourth quarter earnings of 43 cents a share, up from Zacks estimates of 24 cents a share on revenues of $35.4 billion, which bettered Zacks estimates of $30.95 billion. The firm noted 2010 profitability likely • Procter & Gamble (NYSE:PG) reported better-than-...
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MMM Exceeds Expectations For 4Q
Thursday, January 28, 2010 - 9:09am | 743M (NYSE: MMM) reported its Q4 EPS at $1.30 as compared to the Street view of $1.21. MMM’s Q4 revenues stood at $6.1 billion, exceeding the consensus expectations of $5.88 billion. MMM’s 52-week trading range is $40.87-$85.17 and the company’s trailing-twelve-month earnings stand at $3.99 per...
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NYSE Earnings Update (LMT, EL, TXT)
Thursday, January 28, 2010 - 9:08am | 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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Benzinga’s Earnings Roundup (TYC, BDX, TWC, BLL, LLY)
Thursday, January 28, 2010 - 8:55am | 413Tyco International Ltd. (NYSE: TYC) reported today a first-quarter net income of $302 million, or $0.63 per share, as compared to $277 million, or $0.58 per share, for the same quarter last year. Analysts had expected Tyco International to report earnings of $0.59 per share. Revenue declined to $4....
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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 - 7:43am | 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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Is it the Right Time to Buy Solar Sector?
Tuesday, January 26, 2010 - 5:38pm | 1199As the Great Recession of 2008 finally winds down, many Americans face diminished lifestyles. People are only willing to pay for the value they perceive and no more. There will be continued slow recovery in US consumer spending due to a lack of discretionary cash and increased savings rates ( http...
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Top 5 Large-Cap Stocks In The Conglomerates Sector With The Highest Revenue Estimates (GE, UTX, MMM, PPG, DHR)
Tuesday, January 26, 2010 - 7:36am | 222Below are the top 5 large-cap conglomerates stocks on the NASDAQ and the NYSE in terms of revenue estimates. The 2010 revenue estimate for General Electric Co (NYSE: GE) is $152.34 billion. Oppenheimer upgraded GE from “perform” to “outperform.” Read more on this stock. The 2009 revenue estimate...
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Top 5 Large-Cap Stocks In The Conglomerates Sector With The Highest Gross Margins (DHR, MMM, PPG, GE, UTX)
Tuesday, January 26, 2010 - 6:56am | 221Below are the top 5 large-cap conglomerates stocks on the NASDAQ and the NYSE in terms of gross margins. The trailing-twelve-month gross margins at Danaher Corp (NYSE: DHR) are 47.75%. FBR Capital upgraded DHR from “market perform” to “outperform.” Read more on this stock. The trailing-twelve-month...