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Company News for November 9, 2010 - Corporate Summary
Tuesday, November 9, 2010 - 10:33am | 785• Chevron (NYSE: CVX) announced plans to buy Atlas Energy (NASDAQ: ATLS) for $4.3 billion, or $43.35 per share • Bank of America (NYSE: BAC) and PNC (NYSE: PNC) sold $8.3 billion of BlackRock (NYSE: BLK) shares in a secondary offering priced at $163 per share, a 3.6% discount to BlackRock's close...
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Tyco International Beats Earnings And Revenue Estimates (TYC)
Tuesday, November 9, 2010 - 9:58am | 214Tyco International, Ltd. (NYSE: TYC) on Tuesday morning released financial results that beat Wall Street expectations. Tyco International, Ltd reported that its 4th quarter net income rose to $266 million, or 53 cents per share, up from $205 million, or 43 cents per share, a year earlier. Excluding...
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Earnings Scheduled For November 9 (ROK, TYC, COV, DF, WTW, SRE, IGT, MBI, MMC)
Tuesday, November 9, 2010 - 4:38am | 228Rockwell Automation Inc (NYSE: ROK) is expected to report its FQ4 profit at $0.91 per share on $1.32 billion in revenue. Tyco (NYSE: TYC) is forecast to report its FQ4 EPS at $0.66 on $4.44 billion in revenue. Covidien (NYSE: COV) may post its FQ4 EPS at $0.74 on revenue of $2.64 billion. Dean...
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Stocks To Watch For November 9 (TYC, PCLN, SRE, LDK, DF)
Tuesday, November 9, 2010 - 4:33am | 192Some of the stocks that may grab the investor focus today are: Wall Street expects Tyco International Ltd (NYSE: TYC) to report its FQ4 EPS at $0.66. TYC shares gained 0.23% to $39.20 in after-hours trading. Priceline.com Inc (NASDAQ: PCLN) reported its FQ3 income at $4.41 per share, down from $6....
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McDermott International Revenue Falls, Misses Estimates (MDR)
Monday, November 8, 2010 - 5:48pm | 229Houston, Texas based engineering and construction company company McDermott International, Inc. (NYSE: MDR) released financial results on Monday after the market closed. McDermott International, Inc reported 3rd quarter net income from continuing operations of 26 cents per share. Excluding special...
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McDermott Reports Third Quarter 2010 Income from Continuing Operations of $60.8 Million, $0.26 Per Fully Diluted Share
Monday, November 8, 2010 - 5:22pm | 147McDermott International, Inc. (NYSE: MDR) (“McDermott” or the “Company”) today reported net income from continuing operations of $60.8 million, or $0.26 per diluted share, for the 2010 third quarter. Included in the 2010 third quarter continuing results is approximately $43.9 million of non-cash...
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McDermott International Misses Estimates (MDR)
Monday, November 8, 2010 - 5:21pm | 128McDermott International Inc. (NYSE: MDR) reports Q3 earnings of $0.26 versus consensus of $0.28. McDermott International Inc. reports revenues of $732.1 million versus consensus of $798.93 million. "McDermott's operating performance in the third quarter of 2010 was outstanding, although somewhat...
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GE VP Outlined Opportunity for Transformation of U.S. Energy Future
Monday, November 8, 2010 - 11:38am | 450The evolution of a smarter power grid in the United States and the resulting impact it could have on the economy and environment were highlighted in a keynote address by GE's (NYSE: GE) Bob Gilligan at the Advanced Energy 2010 Conference today. Gilligan explained how even conservative...
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Deutsche Bank's Thoughts on Gainful Employment and For-Profit Education Stocks (ESI, EDMC, CECO)
Monday, November 8, 2010 - 10:43am | 227Deutsche Bank is out with a research note this morning, where it reviews the Department of Education's hearing on Gainful Employment (GE). The analysts said that, despite expectations, Thursday and Friday's public hearings on Gainful Employment (GE) did not involve any exchange between DoE...
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United Capital Corp. Reports Third Quarter EPS of $.40
Monday, November 8, 2010 - 10:20am | 164United Capital Corp. (AFP) today reported results for the three and nine months ended September 30, 2010. Net income increased 159% to $10.2 million for the nine months ended September 30, 2010, versus the comparable 2009 period. Earnings per basic share were $1.13 for the year-to-date period,...
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John Rice to Lead GE Global Growth & Operations
Monday, November 8, 2010 - 10:12am | 56The General Electric (NYSE: GE) Board of Directors has named John G. Rice to lead the company's global operations. Rice, a GE vice chairman since 2005, will be in charge of GE's growth outside the United States. Rice will relocate to Hong Kong and his appointment is effective Jan. 1, 2011.
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Earnings Scheduled For November 8 (FTR, LDK, PCLN, SYY, CCO, MDR, QGEN, APEI)
Monday, November 8, 2010 - 4:31am | 209Frontier Communications (NYSE: FTR) is expected to report its Q3 EPS at $0.10 on revenue of $1.41 billion. LDK Solar Co Ltd (NYSE: LDK) is likely to report its Q3 EPS at $0.43. Priceline.com (NASDAQ: PCLN) is forecast to post its Q3 earnings at $4.97 per share on revenue of $974 million. Sysco Corp...
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Top 4 Stocks In The Heavy Construction Industry With The Highest Cash (FLR, FWLT, MDR, GVA)
Monday, November 8, 2010 - 4:27am | 145Below are the top heavy construction stocks on the NYSE and the NASDAQ in terms of cash. Fluor Corporation (NYSE: FLR) had $1.76 billion in total cash and $117.39 million in total debt for the latest quarter. Foster Wheeler AG (NASDAQ: FWLT) had $974.15 million in total cash for the latest quarter...
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Stocks To Watch For November 8 (LDK, BRK.A, MDR, FNMA, SYY)
Monday, November 8, 2010 - 4:25am | 214Some of the stocks that may grab the investor focus today are: Wall Street expects LDK Solar Co Ltd (NYSE: LDK) to report its Q3 EPS at $0.43. LDK shares gained 1.06% to $13.32 in after-hours trading. Berkshire Hathaway Inc (NYSE: BRK.A) reported its Q3 net income at $2.99 billion, or $1,814 per...
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Earnings Scorecard: 3M Co. - Analyst Blog
Friday, November 5, 2010 - 2:33pm | 852On October 28, 3M Company (MMM) reported its third quarter fiscal 2010 earnings of $1.53 per share, ahead of the Zacks Consensus Estimate. With a 13% increase in its earnings, the company's sales improved in all its business and geographic regions. Given below is our report on the recent earnings...