Trident raises fiscal 1st-quarter outlook, announces agreement to acquire NXP businessesOctober 5th, 2009 Trident raises fiscal 1st-quarter outlookSANTA CLARA, Calif. — Trident Microsystems Inc., which makes chips for high-definition TV sets, on Monday boosted its fiscal first-quarter outlook, largely due to higher sales.
Best Buy 2nd quarter falls below expectations, but company raises guidanceSeptember 15th, 2009 Best Buy 2Q misses expectations; raises guidanceRICHFIELD, Minn. — Best Buy Co., the largest U.S.
FedEx boost 1Q profit guidance due to improved international demand, cost cut, shares jumpSeptember 11th, 2009 FedEx boosts 1Q earnings guidance, shares jumpMEMPHIS, Tenn. — FedEx Corp., the world's second largest package delivery company, raised its first-quarter earnings forecast on Friday, citing better-than-expected international shipments and cost-cutting.
Analyst lifts FedEx 2 notches to 'Outperform,' citing better volume, shaky competitorAugust 28th, 2009 Analyst lifts FedEx 2 notches to 'Outperform'NEW YORK — An analyst upgraded shares of FedEx Corp. to "Outperform" from "Underperform," saying slight improvements in global package volume, wage cuts and the possible bankruptcy of a major trucking company will drive earnings — and in turn, shares — higher.
Bebe Stores offers 1st-quarter guidance that falls below analyst expectationsAugust 27th, 2009 Bebe Stores offers 1Q forecast lower than analystsBRISBANE, Calif. — Apparel retailer Bebe Stores Inc.
Big Lots climbs as 2nd-quarter results top analysts' estimates, 2009 earnings guidance risesAugust 25th, 2009 Big Lots rises on 2Q results, raised 2009 outlookNEW YORK — Shares of Big Lots Inc. surged Tuesday after its second-quarter results beat analysts' expectations and the discount retailer raised its full-year earnings forecast range.
Herbalife buys manufacturing facility from Micelle Laboratories for undisclosed amountAugust 14th, 2009 Herbalife buys manufacturing facilityLOS ANGELES — Herbalife Ltd., a nutritional and weight-loss supplements maker, said Friday it will buy a facility in California for an undisclosed amount, in a move to strengthen manufacturing capabilities. The company said it is buying assets from Micelle Laboratories, an Orange County, California contract manufacturer of food and nutritional supplements in the powder, liquid, tablet and capsule delivery forms.
Fossil raises full-year profit guidance again, says recession will weigh on quarterly resultsAugust 11th, 2009 Fossil increases full-year earnings forecast againRICHARDSON, Texas — Fossil Inc, which makes watches and other fashion accessories, raised its full-year earnings outlook for the second time in three months after reporting second-quarter results that beat analysts' estimates. The company now expects 2009 profit of $1.63 to $1.73 per share.
PepsiCo, United Airlines parent UAL, Orbitz, ADM, Herbalife are big market movers TuesdayAugust 4th, 2009 Pepsi, UAL, Orbitz, ADM, Herbalife are big moversNEW YORK — The following stocks were among those that moved substantially or traded heavily Tuesday on the New York Stock Exchange and Nasdaq Stock Market:
NYSE
PepsiCo Inc., up $2.86 at $59.06
The beverage giant is buying its two biggest bottlers for $7.8 billion in order to get new products onto shelves quicker and cut costs. Archer Daniels Midland Co., down $1.58 at $28.81
The agribusiness company said profit tumbled 83 percent in its fiscal fourth quarter as sales slid, hurt by lower prices and demand.
Shares of truck maker Paccar fall on weak 2nd-qtr, modest outlook for European salesJuly 28th, 2009 Truck maker Paccar falls on weak 2Q, outlookNEW YORK — A big drop in second-quarter sales and profit plus the truck maker's warning that European sales will remain weak on Tuesday weighed on shares of Paccar Inc. On Monday the Bellevue, Wash., company said that the weak economy hurt freight shipments and truck sales and contributed to its second-quarter net income plunging 92 percent to 7 cents per share.
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.
NuVasive's 2nd-quarter profit jumps on boost in surgical product sales, raises outlookJuly 23rd, 2009 NuVasive 2Q profit jumps on boost in salesSAN DIEGO — Medical device company NuVasive Inc. said Thursday it posted a second-quarter profit on a jump in revenue, prompting an increase in full-year guidance.
F5 Networks shares jump as analysts lift estimates on strong 3Q earnings, 4Q guidanceJuly 23rd, 2009 F5 Networks shares jump as analysts lift estimatesNEW YORK — Shares of F5 Networks Inc. surged to an annual high Thursday as analysts applauded the company's strong third-quarter earnings and fourth-quarter guidance, which the company said will beat expectations.
Zix reaffirms 2nd-quarter guidanceJuly 7th, 2009 Zix reaffirms 2Q guidanceDALLAS — Zix Corp., which provides e-mail encryption services, said Tuesday it expects to report that it met its earlier guidance for second-quarter adjusted earnings per share and revenue. The company still expects per-share results, excluding items, between a loss of 1 cent per share and break-even.
Texas Instruments raises 2nd-quarter profit, sales guidance rangeJune 8th, 2009 Texas Instruments boosts 2Q guidance rangeNEW YORK — Chip maker Texas Instruments Inc. raised expectations for its second-quarter profit and revenue on Monday, sending its shares higher in after-hours trading and signaling that demand may be improving for the battered semiconductor industry.