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Despite Good News, Clorox Co. (CLX) Shares Fall
Thursday, February 4, 2010 - 5:46pm | 168Read More...During a day of falling share prices, good news from Clorox Corporation (NYSE: CLX) wasn't enough to keep its shares from falling as well. Clorox Corporation raised its annual earnings target for the second time in three months, sales and profits were up and the company even beat analyst...
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Reynolds American Inc. (RAI) Profits Drop 17%
Thursday, February 4, 2010 - 1:14pm | 145Read More...Tobacco company Reynolds American Inc. (NYSE: RAI) on Thursday reported that its 4th quarter earnings dropped 17%. Reynolds American Inc. earned $215 million, or 74 cents per share, down from $258 million, or 88 cents per share, for the same quarter of 2008. Excluding various charges, Reynolds...
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Cisco Systems (CSCO) Reports $1.85 Billion Profit
Wednesday, February 3, 2010 - 5:25pm | 93Read More...Cisco Systems, Inc. (Nasdaq: CSCO) reported a profit of $1.85 billion, or 32 cents per share, up from a profit of $1.5 billion, or 26 cents per share, for the same period a year ago. Cisco Systems revenue rose from $9.1 billion a year ago, to $9.8 billion. The company's adjusted income came in at...
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Shares of Black & Decker Corporation (BDK) Surge
Wednesday, February 3, 2010 - 1:36pm | 131Read More...Shares of the Black & Decker Corporation (NYSE: BDK) surged more than 5% after the company released an earnings report that was better than analysts had expected. Black & Decker Corporation reported earnings of $34 million, or 55 cents per share, down from $44 million, or 72 cents per share...
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Refining Losses Drop Chevron's (CVX) Income 37%
Friday, January 29, 2010 - 12:40pm | 176Read More...Chevron Corp. (NYSE: CVX) reported Friday that its 4th quarter net income fell 37% due to losses from its refining division. Chevron reported that its profit dropped to $3.07 billion, or $1.53 per share, down from $4.9 billion, or $2.44 per share, for the same quarter the previous year. According...
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Mattel Inc. (MAT) Profit Surges 86%
Friday, January 29, 2010 - 12:14pm | 150Read More...Toymaker Mattel Inc. (Nasdaq: MAT) reported on Friday that its 4th quarter profit jumped 86%. Mattel, which is best known for producing toy lines such as Barbie dolls and Hot Wheels cars, attributed the sharp rise in profits to rising Barbie sales and lower costs. Net income was $328.4 million, or...
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Xcel Energy (XEL) Benefits From Rate Increases and Lower Costs
Thursday, January 28, 2010 - 7:10pm | 142Read More...Utility company Xcel Energy Inc. (NYSE: XEL) announced on Thursday that its net income was up 3% in the 4th quarter. The company said that earnings rose to $167.8 million, or 37 cents per share, up from $163 million, or 36 cents per share, in the 4th quarter a year ago. Revenue at Xcel Energy fell...
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Eastman Chemical Co. (EMN) Reports Loss
Thursday, January 28, 2010 - 6:54pm | 118Read More...Eastman Chemical Co. (NYSE: EMN) reported on Thursday a 4th quarter loss of $32 million, or 44 cents per share, compared with a loss of $2 million, or 3 cents per share, for the 4th quarter a year ago. If one time charges weren't included, the company would have earned $1.14 per share, up from 5...
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Bemis Company Inc.'s (BMS) Profits Fall
Thursday, January 28, 2010 - 5:31pm | 121Read More...Bemis Company Inc. (NYSE: BMS) reported Thursday that its 4th quarter net income fell to $29 million, or 26 cents per share, from $33 million, or 32 cents per share during the same quarter a year ago. Bemis Company Inc.'s adjusted earnings climbed to 45 cents per share, up from 32 cents per share...
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Janus (JNS) 4th Quarter Profits Surge
Thursday, January 28, 2010 - 5:18pm | 118Read More...Janus Capital Group Inc. (NYSE: JNS) reprorted Thursday that its 4th quarter net income rose to $37 million, or 20 cents per share, up from $7.8 million, or 5 cents per share, during the same period a year ago. Janus saw 4th quarter revenues of $250.6 million, up from $177.1 million in the 4th...
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AT&T's (T) 4th Quarter Earnings Jump 25%
Thursday, January 28, 2010 - 4:57pm | 257Read More...AT&T Inc. (NYSE: T) saw its 4th quarter earnings rise by 25% as it reported net income of $3.09 billion, or 51 cents per share. Compared with $2.4 billion, or 41 cents per share, in the 2008 4th quarter, which included one time costs. Revenue slid 0.7% to $30.86 billion, as falling sales in AT...
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Eli Lilly & Co. (LLY) Profits Are Up, But Concerns Remain
Thursday, January 28, 2010 - 2:33pm | 181Read More...Eli Lilly & Co. (NYSE: LLY) reported a profit for its 4th quarter of 2009, after taking a huge charge related to its purchase of ImClone Systems during the same quarter the previous year. According to a poll of analysts by FactSet Research, Eli Lilly was expected to earn 91 cents per share....
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Estée Lauder (EL) Profits Surge 62% On International Demand
Thursday, January 28, 2010 - 12:46pm | 192Read More...Estée Lauder Companies Inc. (NYSE: EL), the maker of beauty product lines such as M*A*C and Clinique, reported a 62% jump in 2nd fiscal quarter profit on Thursday. Estée Lauder's profit for the 2nd fiscal quarter ending on December 31 was $256.2 million, or $1.28 per share, up from $158 million, or...
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Texas Instruments Profits And Sales Jump
Monday, January 25, 2010 - 5:49pm | 114Read More...Dallas based chipmaker Texas Instruments Inc. (NYSE: TXN) on Monday reported a 4th quarter profit of $655 million, or 52 cents per share, compared with a profit of $107 million, or 8 cents per share, for the year-earlier period. Revenue was up 21% to $3 billion from $2.49 billion for the same...
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Bank Of New York Mellon 4th Quarter Profits Jump
Wednesday, January 20, 2010 - 8:06am | 145Read More...The Bank of New York Mellon Corp. (NYSE: BK) reported that it's 4th quarter earnings had risen due to the performance of its asset management services and despite the the negative effect that lower interest rates had on net interest revenue and fees. Net income rose to $594 million up from $66...


