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Disney (DIS)
Disney’s 3D animation "Up" placed number 1 at the international box office over the October 16th through October18th time frame.
Walt Disney and Pixar's 3D "Up," playing on 4,500 screens in 24 territories, ranked number 1 in ten markets, including the U.K. and Italy. Foreign receipts through October 18th was $295.8 million.
Oct 23 · 2:55:00 PM · Source: Variety
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by Michael Oliveto
Capital One (COF)
Capital One Financial reported Q3 earnings of $0.94 per share on net income of $425.6 million versus $1.00 per share on net income of $374 million in the year ago period.
"We've worked for years to position our company to be resilient, and our third quarter results demonstrate that resiliency in the midst of the most challenging economic cycle we've seen in generations," said Richard D. Fairbank, Capital One's Chairman and Chief Executive Officer. "We are successfully weathering the storm, but the storm is not over. Therefore, we will continue to take the decisive actions necessary to place our company in the best position to navigate the downturn and drive shareholder value over the cycle."
Oct 23 · 2:36:00 PM · Source: Press Release
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by Michael Oliveto
Canadian Dollar
Investors should buy the Canadian dollar because its current decline is unlikely to last and central-bank warnings against its appreciation will probably have "limited" impact, according to Citigroup Inc.
"We believe the Canadian dollar vulnerability should prove fleeting," strategists Todd Elmer in New York and Michael Hart in London wrote in a note to clients today. "Canadian data is consistently surprising on the upside and Canada’s fiscal position is better than that of its peers."
Oct 23 · 2:14:00 PM · Source: Bloomberg
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by Michael Oliveto
Burlington Northern Santa Fe (BNI)
Burlington Northern Santa Fe reported Q3 earnings of $1.42 per share on net income of $488 million versus earning of $1.99 per share on net income of $695 million in the year ago period.
“During the recession, BNSF has demonstrated significant operating leverage through ongoing dedication to controlling costs and productivity improvements,” said Matthew K. Rose, BNSF Chairman, President and Chief Executive Officer. “The combination of our
significant operating leverage and long-term market opportunities places BNSF in a strong position when the economy recovers.”
Oct 23 · 12:41:00 PM · Source: Press Release
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by Michael Oliveto
Bristol-Myers Squibb (BMY)
Bristol-Myers Squibb CEO Jim Cornelius said the company has over $1.3 billion in its coffers to finance more deals with small drug developers.
That's despite it's recent buyout of Medarex for $2.1 billion. The company will "continue to aggressively pursue acquisitions, licensing deals and other partnerships," promised Cornelius.
Oct 23 · 12:31:00 PM · Source: Fierce Biotech
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by Michael Oliveto
Baker Hughes (BHI)
Baker Hughes Inc. announced that it has declared the regular quarterly cash dividend of $0.15 per share of common stock payable November 13, 2009, to holders of record on November 2, 2009.
Oct 23 · 12:27:00 PM · Source: Reuters
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by Michael Oliveto
American Express (AXP)
American Express reported Q3 earnings of $0.53 on net income of $640 million versus $0.70 on net income of $815 in the year ago period.
“Our results showed further progress in navigating through the most difficult economic environment in decades,” said Kenneth I. Chenault, chairman and chief executive officer.
Oct 23 · 12:19:00 PM · Source: Press Release
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by Michael Oliveto
Amazon (AMZN)
Amazon reported Q3 earnings of $0.46 per share on net income of $199 million versus $0.27 per share on net income of $118 million. Sales where up 28% to $5.45 billion.
“Kindle has become the #1 bestselling item by both unit sales and dollars – not just in our electronics store but across all product categories on Amazon.com. It’s also the most wished for and the most gifted. We are grateful for and energized by this customer response,” said Jeff Bezos, founder and CEO of Amazon.com. “Earlier this week we began shipping the latest generation Kindle. Its 3G wireless works in the U.S. and 100 countries, and we’ve just lowered its price to $259.”
Oct 23 · 12:02:00 PM · Source: Press Release
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by Michael Oliveto
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