-
Office Depot (ODP) Narrows 4th Quarter Loss
Tuesday, February 23, 2010 - 9:34am | 83Office Depot, Inc. (NYSE: ODP) early on Tuesday reported a 4th quarter loss of $77 million, or 28 cents per share, an improvement on last year's loss of $1.54 billion, or $5.64 per share. Office Depot's adjusted loss was 6 cents per share, compared to last year's adjusted loss per share of 73 cents...
-
NRG Energy (NRG) Sales Rise, Net Income Plummets 88%
Tuesday, February 23, 2010 - 9:20am | 105NRG Energy Inc. (NYSE: NRG) reported on Tuesday that its 4th quarter net income plunged to $33 million, or 11 cents per share, down from $271 million, or 97 cents per share, a year earlier. However, NRG Energy's revenue did rise form $1.7 billion to $2.1 billion. FactSet Research's survey of...
-
Sanderson Farms (SAFM) Beats Estimates
Tuesday, February 23, 2010 - 9:10am | 95Sanderson Farms, Inc. (Nasdaq: SAFM) on Tuesday reported that it had swung back to profitability in its first fiscal quarter. Sanderson Farms reported net income of $15.8 million, or 75 cents per share, an improvement on last year's loss of $6.7 million, or 33 cents per share. According to a...
-
Navios Maritime (NM) Earns Profit, Misses Estimates
Tuesday, February 23, 2010 - 8:59am | 81Shipping company Navios Maritime Holdings Inc. (NYSE: NM) reported on Tuesday that it had swung back to a 4th quarter profit of $12.5 million, or 11 cents per share, up from last year's loss of $5.6 million, or 6 cents per share. Still, the Greek based shipping company just missed the average...
-
Sears (SHLD) Income Beats Forecasts
Tuesday, February 23, 2010 - 8:32am | 99Sears Holdings Corporation (Nasdaq: SHLD) reported that improved sales at its Kmart stores have led to a rise of net income to $430 million, or $3.74 per share, up from $190 million, or $1.55 per share, a year earlier. Adjusted earnings per share were $3.69, up from $2.94 per share a year earlier....
-
Home Depot (HD) Earns Profit, Raises Dividend
Tuesday, February 23, 2010 - 8:12am | 100Home improvement retailer Home Depot Inc (NYSE: HD) announced that it had swung back to a 4th quarter profit of $342 million, or 20 cents per share, up from the previous year's loss of $54 million, or 3 cents per share. Earnings from continuing operations were 24 cents per share on an adjusted...
-
Westlake Chemical (WLK) Reports 4th quarter Profit
Tuesday, February 23, 2010 - 8:01am | 63Westlake Chemical Corp. (NYSE: WLK) reported early Tuesday morning that its 4th quarter net income was $12.5 million, or 19 cents per share, up from last year's loss of $109.6 million, or $1.67 per share. Sales for the 4th quarter were up 5.5%. A FactSet Research survey of analysts showed and a...
-
DTE Energy (DTE) Revenue And Profit Fall
Monday, February 22, 2010 - 7:05pm | 82DTE Energy Co. (NYSE: DTE) reported on Monday that its 4th quarter net income fell to $120 million, or 72 cents per share, from $129 million, or 79 cents per share, a year earlier. DTE Energy reported that because of low electricity sales, revenue fell as well, from $2.17 billion to $2.12 billion....
-
Lowe's Companies (LOW) Beats Expectations
Monday, February 22, 2010 - 8:50am | 112Lowe's Companies Inc. (NYSE: LOW) reported on Monday its 4th quarter profit was up to $205 million, or 14 cents per share, up from $162 million, or 11 cents per share, during the same quarter a year earlier. Sales were up from $9.98 billion to $10.2 billion. A poll of analysts by FactSet Research...
-
Campbell Soup (CPB) Profits Rise, Growth Forecast Lowered
Monday, February 22, 2010 - 8:37am | 91Campbell Soup Co. (NYSE: CPB) reported on Monday that its 2nd quarter profit was $259 million, or 74 cents per share, up from $233 million, or 64 cents per share, during the same quarter a year earlier. The company's sales were up 1% to $2.2 billion. A poll of analysts by FactSet Research showed...
-
J.C. Penney (JCP) Shares Climb 7%
Friday, February 19, 2010 - 8:29pm | 96Shares of J.C. Penney Company, Inc. (NYSE: JCP) climbed more than 7% after the retailer released a better than expected 4th quarter earnings report. J.C. Penney Company reported that it earned $200 million, or 84 cents per share, down from $211 million, or 95 cents per share, during the same...
-
Goodyear (GT) reports Unexpected Profit, Share Surge
Thursday, February 18, 2010 - 12:34pm | 109Goodyear Tire & Rubber Co. (NYSE: GT) reported an unexpected 4th quarter profit on Thursday, causing its shares to climb nearly 5% in morning trading. Goodyear Tire & Rubber Co. reported earnings of $107 million, or 44 cents per share, up from a loss of $330 million, or $1.37 per share for...
-
MGM Mirage (MGM) Narrows Loss, Shares Down 6%
Thursday, February 18, 2010 - 12:23pm | 123MGM Mirage (NYSE: MGM) reported that it managed to narrow its 4th quarter loss from the same quarter a year earlier. MGM Mirage reported a 4th quarter loss of $433.9 million, or 98 cents per share, compared to a loss of $1.15 billion, or $4.15 per share, a year earlier. Revenue was down a better...
-
International Sales Drive Wal-Mart (WMT) 21% Profit Jump
Thursday, February 18, 2010 - 11:59am | 95Wal-Mart Stores, Inc. (NYSE: WMT) reported that its 4th quarter earnings rose to $4.6 billion, or $1.22 per share, from $3.8 billion, or 97 cents per share, for the same quarter a year earlier. Revenue of $112.8 billion was 4.6% higher than the same period a year earlier. Wal-Mart Stores earned $1....
-
XTO Energy (XTO) 4th Quarter Earnings Jump 50%
Wednesday, February 17, 2010 - 9:34am | 84XTO Energy, Inc. (NYSE: XTO) reported on Wednesday morning that the company's 4th quarter earnings rose to $537 million, or 92 cents per share, up from $351 million, or 61 cents per share, during the same quarter a year earlier. Revenues rose from $2 billion last year to $2.3 billion in the latest...