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Deutsche Bank Reports 1Q11 Results On General Electric
Thursday, April 21, 2011 - 10:23am | 126According to Deutsche Bank, General Electric (NYSE: GE) reported EPS of 33c - 5c ahead of the street and 3c ahead of its recently raised estimate. Deutsche Bank said that the driver of the beat was GE Capital which earned 17c vs. its 12c estimate, while Industrial came in with 16c - a couple of...
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News Summary
Thursday, April 21, 2011 - 9:36am | 228Shares of McDonald's Corp (NYSE: MCD) fell about 1.3% after the company reported a 11% rise in its Q1 net income. The company's comparable sales increased 4.2%. MCD's earnings came in at $1.21 billion, or $1.15 per share, up from $1.09 billion, or $1 per share, in the year-ago quarter. The company'...
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General Electric Conference Call Notes (GE)
Thursday, April 21, 2011 - 9:30am | 49General Electric (NYSE: GE) says "2H priorites dividend, buyback over acquistions... GE Healthcare to have expanding margins for rest of 2011... sees continued lower credit losses... remains `very committed' to wind and investing... repeats plan for GECC dividend to parent in '12."
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Earnings Summary: Everybody Beats, Everybody's Happy (MCD, GE, BLK, TRV, DD)
Thursday, April 21, 2011 - 8:43am | 254It's a story of earnings beats and revenue beats, which should make Wall Street happy this morning, as all the heavy hitters beat earnings this morning. General Electric (NYSE: GE) reported earnings of 33 cents per share on revenues of $38.4 billion. This compared to Wall Street estimates of 28...
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Goldman Sachs Reiterates Buy Rating On TXT
Thursday, April 21, 2011 - 8:40am | 163Goldman Sachs is reiterating its Buy rating on Textron Inc. (NYSE: TXT) based upon mixed results in 1Q. Says Goldman Sachs, in its report, “Textron's 1Q report reflected a softer-than-expected start at Cessna and delays at Systems. EPS of $0.10 was below GS/consensus of $0.15/$0.17, with Cessna...
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General Electric Reports Blowout Quarter, Page Is Finally Turned (GE)
Thursday, April 21, 2011 - 7:59am | 342General Electric Company (NYSE: GE) reported earnings this morning, blowing out Wall Street consensus, and that's making Wall Street and investors happy this mroning. The company reported first quarter earnings of 33 cents on revenues of $38.4 billion, versus Wall Street estimates of 28 cents on $...
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GE Reports Q1 EPS of $0.33 vs. $0.28; Revenues $38.4B vs. $34.64B
Thursday, April 21, 2011 - 7:46am | 20GE (NYSE: GE) Reports Q1 EPS of $0.33 vs. $0.28; Revenues $38.4B vs. $34.64B
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UPDATE: Major Early Morning Earnings (GE, DD, TRV, BLK)
Thursday, April 21, 2011 - 7:39am | 73General Electric (NYSE: GE) reported EPS of $0.33/share versus a $0.28/share estimate. Dupont (NYSE: DD) reported EPS of $1.52 vs $1.36 estimate. Travelers (NYSE: TRV) reported $1.89 vs $1.51 estimate while raising its dividend to $0.44. Finally, Blackrock (NYSE: BLK) reported Q1 EPS of $2.96 vs. $...
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A Peek Into The Market Before The Trading Starts
Thursday, April 21, 2011 - 7:32am | 381Pre-open movers US stock futures are higher this morning, after upbeat results from Apple Inc (NASDAQ: AAPL). Investors are awaiting earnings reports from several companies and data on jobless claims. Futures on the Dow Jones Industrial Average gained 67 points to 12,463.00 and futures on the S...
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General Electric Increases Dividend To $0.15
Thursday, April 21, 2011 - 7:00am | 67The Board of Directors of General Electric Company (NYSE: GE) today raised the Company's quarterly dividend $0.01 from $0.14 per outstanding share of the Company's common stock to $0.15 per outstanding share of the Company's common stock. The Board declared that the dividend is payable July 25,...
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General Electric Gains On Upbeat Q1 Earnings
Thursday, April 21, 2011 - 6:50am | 116Shares of General Electric Co (NYSE: GE) gained in pre-market trading after the company reported upbeat Q1 earnings and lifted its quarterly dividend. GE reported its Q1 net profit at $3.43 billion, up from $1.95 billion, in the year-ago period. The company's earnings came in at $0.31 per share,...
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US Stock Futures Up After Upbeat Apple Results; Jobless Claims Data In Focus
Thursday, April 21, 2011 - 6:04am | 545US stock futures are higher this morning, after upbeat results from Apple Inc (NASDAQ: AAPL). Investors are awaiting earnings reports from several companies and data on jobless claims. Futures on the Dow Jones Industrial Average gained 53 points to 12,449.00 and futures on the S&P 500 stock...
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Earnings Scheduled For April 21 (AMD, MCD, GE, AEP, NYT, JBLU, SLB, COF, DD, VZ, LUV, PM, MS, UNH, RAI, NOK, UAL)
Thursday, April 21, 2011 - 2:49am | 459Advanced Micro Devices Inc (NYSE: AMD) is expected to report its Q1 EPS at $0.05 on revenue of $1.61 billion. McDonald's Corp (NYSE: MCD) is projected to post its Q1 EPS at $1.14 on revenue of $6.00 billion. General Electric Co (NYSE: GE) is projected to post its Q1 EPS at $0.28 on revenue of $34...
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Stocks To Watch For April 21 (GE, AAPL, MS, YUM, VZ)
Thursday, April 21, 2011 - 2:39am | 283Some of the stocks that may grab investor focus today are: Wall Street expects General Electric Co (NYSE: GE) to report its Q1 EPS at $0.28 on revenue of $34.64 billion. GE shares gained 0.78% to $20.56 in after-hours trading. Apple Inc (NASDAQ: AAPL) reported a 95% jump in its FQ2 earnings. The...
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Schneider CEO Says Rumors Became 'Irrational' -Bloomberg (TYC)
Wednesday, April 20, 2011 - 12:36pm | 32Bloomberg reports that Schneider CEO says "rumors became irrational... he doesn't want conglomerate." Tyco International (NYSE: TYC) falls 4.8% after Schneider sees no large 2011 purchases.