Tue, Jul 14th, 2009
Related topics:
Yum Brands Inc.'s (YUM) fiscal second-quarter earnings rose 35% as a big gainoffset a sales decline and the stronger dollar.
In after-hours trading, Yum shares were down 4.8% at $34.51, despite earningsbeating Wall Street estimates. Investors appear to be concerned that, despitetopping estimates, Yum held firm to its guidance for full-year earnings growthof 10%. The international business, on which analysts had been bullish followinga meeting last month, also appeared to disappoint with same-store salesincreasing 1%, which was hurt 2% by calendar shifts.
Related stories from top sites:
Boston Scientific 2Q Profit Up 61%, Narrows Full-Year View
Jul 14th, 2009 - Wall Street Journal
Boston Scientific Corp.'s (BSX) second-quarter earnings surged 61%, as stronger U.S. sales more than offset a decline abroad, and the company reported fewer charges. Following the results...
CIT Shares Soar On Possible $3B Bondholder Financing >CIT
Jul 14th, 2009 - Wall Street Journal
NEW YORK (Dow Jones)--Shares of CIT Group Inc. (CIT) soared Monday after reports emerged that the struggling lender is close to reaching a deal to receive $3 billion from bondholders to prevent a bankruptcy filing. The deal...
Johnson Controls quarterly earnings fall 63 pct
Jul 14th, 2009 - Reuters
* Q3 EPS 26 cents vs 73 cents a year ago * Revenue falls 29 pct to $6.99 bln from a year earlier DETROIT, July 20 (Reuters) - Johnson Controls Inc (JCI.N)said on Monday...
GE earnings down, but better than expected
Jul 14th, 2009 - CNNMoney
NEW YORK (CNNMoney.com) -- General Electric Co. reported sharply lower second-quarter earnings Friday that still beat Wall Street expectations, even as its revenue fell more sharply than forecasts. Shares of GE...
Stocks Seen Following Wall Street Higher
Jul 14th, 2009 - Wall Street Journal
European stocks are expected to open higher Tuesday, getting a boost from healthy gains on Wall Street Monday, as investors look to the start of the second-quarter corporate earnings season for the key banking sector with a positive slant.
Related stories from Digg:
Microsoft's 2Q profit falls 28%
Microsoft Corp. said Thursday its fiscal second-quarter profit fell 28 per cent, as delays from the launch of its new version of Windows cut into holiday-quarter revenue. For the three months ended Dec. 31, earnings fell to $2.63 billion, or 26 cents per share, from $3.65 billion, or 34 cents per share during the same period last year.(Tech Industry News)
gregdeveau17Sun, Jan 28th, 20073 Diggs, 0 Comments
Leave a Reply