Company News for May 14, 2010 - Corporate Summary

• Shares in Sony SNE dropped 6.8% in overnight trading after the company forecast profits of $1.7 billion for the year, which fell short of Street estimates

• Nordstrom JWN posted first quarter earnings of 52 cents a share, three cents below Zacks estimates, on inline revenues of $2 billion

• Nvidia NVDA reported first quarter results 23 cents, versus Zacks estimates of 22 cents on in-line revenues of $1 billion

• CA’s CA fourth quarter earnings came in at 34 cents, versus Zacks expectations of 37 cents, on in-line revenues of $1.1 billion

• JC Penney JCP posted inline first quarter earnings of 25 cents and raised its full-year guidance

• Dillards DDS reported first quarter earnings of 70 cents, versus Zacks expectations of 51 cents on in-line revenues of $1.5 billion