PiperJaffray upgrades Starbucks to 'Overweight' from 'Neutral' on improved sales outlookSeptember 18th, 2009 PiperJaffray upgrades Starbucks to 'Overweight'SAN FRANCISCO — A PiperJaffray analyst upgraded the shares of Starbucks to "Overweight" from "Neutral" based on the expectations that sales results at stores open at least a year will improve. PiperJaffray's Nicole Miller Regan said a trend of moderate improvement in same-store sales results will generate "margin expansion in an already cost-cutting phase."
Regan expects 2009 profit of 75 cents per share, a penny lower than the 76 cent per share consensus estimate of analysts surveyed by Thomson Reuters.
Morgan Joseph analyst upgrades Movado to 'Buy' after results beat expectationsSeptember 4th, 2009 Analyst upgrades Movado shares to 'Buy'NEW YORK — A Morgan Joseph analyst on Friday upgraded shares of Movado Group Inc. to "Buy" and said the watch retailer had returned to profitability ahead of schedule.
Russian oil major Lukoil's net profit falls 44 percent in Q2 but beats analyst estimatesAugust 28th, 2009 Lukoil's Q2 net profit down 44 percentMOSCOW — Lukoil, Russia's largest private oil company, on Friday posted a 44 percent drop in net profit for the second quarter due to lower oil prices, but still beat analyst expectations. Net income fell to $2.3 billion from $4.1 billion a year earlier, the company said in a statement.
New York & Co. takes loss in 2nd-quarter as sales fall, but loss meets expectationsAugust 26th, 2009 New York & Co. reports 2nd-quarter lossNEW YORK — Apparel maker New York & Co.
Hain Celestial Group expects fiscal 2010 profit below analyst expectationsAugust 25th, 2009 Hain Celestial Group sees 2010 profit below StreetMELVILLE, N.Y. — The Hain Celestial Group Inc., which makes Celestial Seasonings tea, on Tuesday it expects to report a profit in fiscal 2010, which ends in June.
Hormel 3Q profit rises 49 percent as it improves operating profit; beats analyst expectationsAugust 20th, 2009 Hormel 3Q profit rises 49 pct on lower costsAUSTIN, Minn. — Hormel Foods says its third-quarter profit rose 49 percent to beat analyst expectations.
Casino operator Wynn Resorts' net income falls in 2nd qtr but tops analyst expectationsJuly 30th, 2009 Wynn Resorts' 2Q profit falls but beats estimatesLAS VEGAS — Casino operator Wynn Resorts Ltd. said Thursday its second-quarter net income fell 91 percent, hurt by lower gambling revenue and the continuing costs of opening the Encore at Wynn Las Vegas casino, but the profit topped forecasts.
Lincoln Electric 2nd-qtr profit drops, exceeds Wall Street expectationsJuly 28th, 2009 Lincoln Electric 2Q profit falls, beats StreetCLEVELAND — Welding products manufacturer Lincoln Electric Holdings Inc. on Tuesday said its second-quarter profit exceeded analyst expectations, but still fell 79 percent as challenging global economic conditions significantly hurt demand.
EADS says 2Q net profit rose 76 percent and Airbus expects deliveries to match last yearJuly 28th, 2009 EADS shares up on 2Q profits, delivery outlookPARIS — Shares of EADS NV rose Tuesday as the parent company of plane-maker Airbus said net profit increased 76 percent — and that it expects to deliver as many planes this year as last year even as the recession hurts airline customers. On the downside, European Aeronautics Defense and Space Co.
EADS says Q2 net profit rose 76 percent and Airbus expects deliveries to match last yearJuly 28th, 2009 EADS shares up on Q2 profits, delivery outlookPARIS — Shares of EADS NV rose Tuesday as the parent company of plane-maker Airbus said net profit increased 76 percent — and that it expects to deliver as many planes this year as last year even as the recession hurts airline customers. On the downside, European Aeronautics Defense and Space Co.
Verizon 2nd-quarter profit down 7 percent, but matches Wall Street expectationsJuly 27th, 2009 Verizon 2Q profit falls, but matches expectationsNEW YORK — Verizon, the nation's largest wireless carrier, says its second-quarter profit fell 7 percent as rising costs outstripped an increase in sales. Its results are in line with Wall Street expectations.
F5 Networks net income rises in 3rd quarter, ahead of expectations, on better salesJuly 23rd, 2009 F5 Networks 3rd-quarter profit risesSEATTLE — F5 Networks Inc., which makes products that manage and route computer network traffic, said Wednesday profit for the fiscal third quarter rose 19 percent as demand appeared to stabilize. Its shares rose $1.42, or 4 percent, to $37.25 during aftermarket trading.
EADS 1st quarter net profit falls 40 percent on lower Airbus deliveries and A400M chargeMay 12th, 2009 EADS Q1 net profit down 40 percentPARIS — EADS, the parent company of planemaker Airbus, said Tuesday that first quarter profit fell 40 percent as airlines delayed orders and deliveries. The company also took a euro120 million charge for its troubled A400M military transport plane.
EADS 1st quarter net profit falls 40 percent on lower Airbus deliveries and A400M chargeMay 12th, 2009 EADS 1st-qtr net profit falls 40 percentPARIS — EADS, the parent company of planemaker Airbus, said Tuesday that first quarter profit fell 40 percent as airlines delayed orders and deliveries. The company also took a euro120 million charge for its troubled A400M military transport plane.
inVentiv adjusts profit goal, but earnings forecast is still in range of analyst expectationsMay 9th, 2009 inVentiv Health narrows profit range for 2009SOMERSET, N.J. — InVentiv Health Inc., which provides services for the pharmaceutical and life sciences industries, narrowed its profit forecast for the year, but still expects a profit in range of analyst estimates.
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