Leap Wireless, MetroPCS shares fall after analyst downgrades shares on rising competitionOctober 1st, 2009 Shares of Leap Wireless, MetroPCS fallSAN FRANCISCO — Shares of Leap Wireless International Inc. and MetroPCS Communications Inc.
Luxury retailer Tiffany's 2nd-qtr profit falls on lower sales, still beats analysts' estimatesAugust 28th, 2009 Tiffany 2Q profit falls, but tops viewNEW YORK — Tiffany & Co. says its second-quarter profit fell 30 percent as sales slipped, but the results beat analysts' estimates.
Shoe retailer DSW's profit tops analysts estimate, raises fiscal year outlookAugust 26th, 2009 DSW 2Q profit beats Street viewCOLUMBUS, Ohio — Shoe retailer DSW Inc. said Wednesday its second-quarter profit fell 31 percent but it still beat Wall Street's consensus prediction.
Fossil 2nd-quarter profit drops partly on recession, but results beat analysts' estimatesAugust 11th, 2009 Fossil 2Q profit falls, but tops Wall StreetRICHARDSON, Texas — Watchmaker Fossil Inc. said Tuesday that its second-quarter profit dropped 34 percent due to the ongoing economic downturn and stronger dollar, but the results managed to beat Wall Street's expectations.
Telecom Italia 1H net profit drops 17 percent due to shrinking customer base, handset salesAugust 6th, 2009 Telecom Italia 1H down 17 percentMILAN — Telecom Italia SpA says first-half net profit dropped 17 percent from a year earlier because of a shrinking customer base, lower handset sales and regulations limiting termination fees on mobile phones. Italy's largest telecommunication operator said Thursday that net profit in the period that ended June 30 was euro964 million ($1.38 billion), compared with a restated euro1.1 billion a year earlier.
MetroPCS, Limited Brands, Amex, Buckle, P&G are among big market movers ThursdayAugust 6th, 2009 MetroPCS, Limited Brands, Amex are big moversNEW YORK — The following stocks were among those that moved substantially or traded heavily Thursday on the New York Stock Exchange:
NYSE:
MetroPCS Communications Inc., down $3.70 at $8.99
The low-cost wireless carrier had higher operating costs in the second quarter, and said its customer turnover rate increased. Brinker International Inc., down $3.21 at $15.12
The restaurant company posted profit partly due to the sale of its Romano's Macaroni Grill chain, but its outlook disappointed Wall Street.
Charles River Labs cuts full-year outlook on weak demand; forecast falls below Street viewAugust 5th, 2009 Charles River Labs cuts full-year outlookWILMINGTON, Mass. — With sales and profit down the first half of the year, medical research equipment maker Charles River Laboratories International Inc.
PerkinElmer slides after 2nd quarter sales fall and company cuts profit forecastJuly 31st, 2009 PerkinElmer skids on 2Q revenue and lower outlookNEW YORK — Shares of PerkinElmer Inc. sank Friday after the health and industrial sciences company reported weaker sales due to recent strength in the dollar, and lowered its profit expectations for the year.
Honda's net profit plunges 95.6 percentJuly 29th, 2009 TOKYO - Honda Motor Co saw its net profit plunge 95.6 percent to 7.56 billion yen ($80 million) in the April-to-June quarter because of a global decline in auto sales, the Japanese carmaker said Wednesday. Although cost-cutting measures showed some positive effects in earnings results in Honda's first quarter, Japan's second-largest carmaker said production cuts and a stronger yen reduced operating profit in those three months.
Honda reports plunging profit, but raises forecast as it holds up better than rivalsJuly 29th, 2009 Honda reports plunging profit but raises forecastTOKYO — Honda reported a 96 percent drop in first quarter profit to 7.5 billion yen ($79.8 million), the automaker's first earnings drop in four years, but raised its full-year forecast. Honda Motor Co.
Ace Limited's 2nd-quarter profit, but adjusted result beats analysts' forecastJuly 27th, 2009 Ace Limited profit shrinks, but tops forecastBOSTON — Property and casualty insurer ACE Ltd. said Monday its second-quarter profit fell 28 percent on a decline in sales of insurance policies and reduced investment income.
EMC 2Q profit falls 43 pct but tops Street views; co. sees improving predictabilityJuly 23rd, 2009 EMC 2Q profit falls 43 pct but tops Street viewsSAN FRANCISCO — Fresh off a successful bid for a major acquisition, EMC Corp. said Thursday that its second-quarter profit plunged 43 percent on a sales decline of 11 percent.
MetroPCS advances, UBS analyst calls share pullback 'overdone'July 7th, 2009 MetroPCS up, analyst calls pullback 'overdone'NEW YORK — Shares of MetroPCS Communications Inc. climbed Tuesday after a UBS analyst said the low-cost wireless carrier's shares have been oversold.
Virage Logic expands presence in India to serve growing market demand for broad IP portfolioJuly 1st, 2009 FREMONT - Virage Logic Corporation, the semiconductor industry's trusted IP partner, announced it has expanded its presence in India with the appointment of CoreEL as its sales representative. CoreEL joins a growing global network of sales representatives that complement and expand the reach of Virage Logic's direct sales channel.
AIG, General Mills, MetroPCS, Myriad Genetics are among big market movers WednesdayJuly 1st, 2009 AIG, General Mills, MetroPCS are big moversNEW YORK — Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and Nasdaq Stock Market:
NYSE:
American International Group Inc., down $5.12 at $18.08
At the battered insurers annual meeting Tuesday, investors approved a reverse 20-for-1 stock split meant to boost the share price. OshKosh Corp., up $3.89 at $18.43
The specialty vehicle maker beat out three rivals for an Army order of 2,244 bomb-resistant vehicles worth $1.06 billion.
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