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Charles Schwab Corporation (SCHW) Profit Plunges 45%
Thursday, April 15, 2010 - 9:57am | 127Brokerage firm Charles Schwab Corporation (NYSE: SCHW) released an earnings report on Thursday morning that saw profits slide 45%. The Charles Schwab Corporation reported a 1st quarter profit of $119 million, or 10 cents per share, compared to $218 million, or 19 cents per share, a year earlier....
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Red Hat (RHT) Profits Rise, Announce $300 Million Stock Buyback
Wednesday, March 24, 2010 - 5:24pm | 111Red Hat, Inc. (NYSE: RHT) announced on Wednesday that its fiscal 4th quarter net income was up to $23.4 million, or 12 cents per share, from $16.2 million, or 8 cents per share, a year earlier. On an adjusted basis, Red Hat's earnings were 19 cents per share. Red Hat also reported that its 4th...
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General Mills (GIS) Beats Wall Street Estimates
Wednesday, March 24, 2010 - 7:49am | 94Food manufacturer General Mills, Inc. (NYSE: GIS) beat Wall Street estimates when it released its latest earnings report. General Mills reported early Tuesday that its fiscal year 3rd quarter net income climbed 15% to $332.5 million, or 96 cents per share, up from $288.9 million, or 85 cents per...
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Darden Restaurants (DRI) Same-Store Sales And Earnings Up
Tuesday, March 23, 2010 - 6:31pm | 142Darden Restaurants, Inc. (NYSE: DRI), which operates the Olive Garden, Red Lobster and LongHorn Steakhouse chains, reported that during its fiscal 3rd quarter, same-store sales were up 1.3%, or 0.5% if Thanksgiving week is not counted, an improvement over last year's industry-wide 4.3% decline....
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Smith & Wesson (SWHC) Revenue Disappoints, Shares Fall 8%
Thursday, March 11, 2010 - 6:33pm | 114Firearms manufacturer Smith & Wesson Holding Corp. (SWHC) reported a fiscal 3rd quarter profit of $2.4 million, or 4 cents per share. Excluding one time items, Smith & Wesson Holding Corp. would have earned 2 cents per share. Revenue climbed to $89.4 million, up from $83.7 million a year...
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Smithfield Foods (SFD) Swings To 3rd Quarter Profit
Thursday, March 11, 2010 - 9:13am | 89Smithfield Foods, Inc. (NYSE: SFD) reported on Thursday morning that it had swung to a 3rd quarter profit of $37.3 million, or 22 cents per share, from a loss of $105.7 million, or 74 cents per share, a year earlier. The meat producer's adjusted net income for the 3rd quarter was also 22 cents per...
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Dick's Sporting Goods (DKS) Reports $67.4 Million Net Income
Tuesday, March 9, 2010 - 9:43am | 130Dick's Sporting Goods Inc (NYSE: DKS) reported 4th quarter net income of $67.4 million, or 56 cents per share, compared to a loss of $105.6 million, or 95 cents a share, a year earlier. Dick's Sporting Goods' 4th quarter adjusted net income rose to 56 cents per share, up from 54 cents per share...
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Kohl's (KSS) Reports 28% Rise In Profit
Thursday, February 25, 2010 - 2:12pm | 86Shares of Kohl's Corporation (NYSE: KSS) were up nearly 5% for the day in afternoon trading after the company reported a 28% increase in profit. Kohl's Corporation reported on Thursday 4th quarter net income of $431 million, or $1.40 per share, compared to a profit of $336 million, or $1.10 per...
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Cablevision Systems (CVC) Swings To Profit
Thursday, February 25, 2010 - 10:14am | 72Cablevision Systems Corporation (NYSE: CVC) reported on Thursday that it had swung to a 4th quarter profit of $78.4 million, or 26 cents per share, from a loss of $323.1 million, or $1.11 per share, for the same quarter a year earlier. Revenue rose 5% to $2.15 billion from $2.04 billion. A survey...
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Eaton Vance (EV) Beats Analyst Expectations
Wednesday, February 24, 2010 - 10:24am | 70Eaton Vance Corp. (NYSE: EV) on Wednesday reported a 1st quarter profit of $46.2 million, or 37 cents per share, compared to a profit of $24.7 million, or 21 cents per share, during the same quarter a year earlier. The asset manager's revenue rose 30%, to $272 million. According to a FactSet...
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Tenet Healthcare (THC) Swings To Profit
Tuesday, February 23, 2010 - 10:43am | 81Tenet Healthcare Corp. (NYSE: THC) on Tuesday reported that it swung to a 4th quarter profit of $21 million, or 4 cents per share, from a loss of $33 million, or 7 cents per share, a year earlier, while revenue rose 3.9% to $2.26 billion. A FactSet Research survey analysts showed average expected...
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Watson Pharmaceuticals (WPI) Reports $56.9 Million Profit
Tuesday, February 23, 2010 - 10:33am | 73Watson Pharmaceuticals, Inc. (NYSE: WPI) on Tuesday reported a 4th quarter profit of $56.9 million, or 51 cents per share, up from $56.4 million, or 50 cents per share, a year earlier. On an adjusted cash basis, Watson Pharmaceuticals' profit was 85 cents per share, while net revenue rose 22% to $...
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Liz Claiborne (LIZ) Misses Wall Street Expectations
Tuesday, February 23, 2010 - 10:24am | 99Liz Claiborne, Inc. (NYSE: LIZ) on Tuesday reported a 4th quarter loss of $41.7 million, or 45 cents per share, an improvement on last year's loss of $828.9 million, or $8.85 per share. Liz Claiborne's sales fell to $778.8 million, down from $911.2 million a year earlier. The company said its 4th...
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Medco (MHS) Net Income Up 24%, Revenue Up 18%
Tuesday, February 23, 2010 - 10:13am | 124Medco Health Solutions, Inc. (NYSE: MHS) on Tuesday reported net income of $341.5 million, or 70 cents per share, up from $274.4 million, or 54 cents per share, a year earlier. Adjusted earnings were 76 cents per share, compared to 59 cents per share a year earlier. Revenue climbed to $15.25...
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Medtronic (MDT) Net Income Up 19%
Tuesday, February 23, 2010 - 9:57am | 84Medical products maker Medtronic, Inc. (NYSE: MDT) on Tuesday reported 3rd quarter net income of $831 million, or 75 cents per share, up 19% from $698 million, or 62 cents per share, a year earlier. Medtronic's adjusted net income was 77 cents per share, while revenue rose to $3.9 billion, up from...