Market News
ConocoPhillips (COP)
Conoco Phillips said its third quarter net income dropped 71% to $1.5 billion, or $1 a share, from $5.19 billion, or $3.39, a year earlier.
Results hampered by collapse in crude and natural-gas prices.
Oct 28 · 10:33:00 AM · Source: Company News Release
Track · email · face · Twitter · digg · COMMENTS
by Larry Etter
Hess (HES)
Oil producer Hess Corp. said it posted a third quarter profit of $341 million, or $1.05 a share, down 55% from $775 million, or $2.37 a share, a year earlier. The latest results included after-tax income of $101 million, mostly related to a resolution of a U.S. royalty dispute. Revenue dropped 35% to $7.38 billion.
Numbers exceeded Street expectations.
Oct 28 · 10:28:00 AM · Source: Company News Release
Track · email · face · Twitter · digg · COMMENTS
by Larry Etter
General Dynamics (GD)
Defense contractor General Dynamics said its third quarter profits declined 9.8 percent to $572 million, or $1.47 a share, from $634 million, or $1.59, a year earlier. Revenue climbed 8.1 percent to $7.72 billion.
Oct 28 · 10:24:00 AM · Source: Company News Release
Track · email · face · Twitter · digg · COMMENTS
by Larry Etter
Lazard Ltd. (LAZ)
Lazard Ltd. said that it had a third quarter profit of $37.4 million, or 41 cents a share, compared to a loss of $77 million, or $1.17 a share. Revenue rose 1.5% to $411.7 million.
Oct 28 · 10:20:00 AM · Source: Company News Release
Track · email · face · Twitter · digg · COMMENTS
by Larry Etter
Glaxosmithkline Plc (GSK)
Glaxosmithkline said its third quarter net income increased 30 percent to 1.34 billion pounds ($2.18 billion) from 1.03 billion pounds a year earlier. Third- quarter revenue advanced 15 percent to 6.76 billion pounds, from 5.88 billion pounds,
Revenues topped the 6.75 billion-pound analyst estimates.
Oct 28 · 10:17:00 AM · Source: Company News Release
Track · email · face · Twitter · digg · COMMENTS
by Larry Etter
Wyndham (WYN)
Wyndham Worldwide Corp. reported that third quarter net income dropped 27 percent to $104 million, or 57 cents a share, from $142 million, or 80 cents, a year earlier. Revenue declined 17 percent to $1.02 billion.
The company raised its forecast for full-year adjusted earnings before interest, taxes, depreciation and amortization to between $775 million and $825 million from its earlier forecast of between $760 million and $810 million. Revenue will be $3.5 billion to $3.9 billion.
Oct 28 · 10:13:00 AM · Source: Company News Release
Track · email · face · Twitter · digg · COMMENTS
by Larry Etter
Interpublic Group Of Companies (IPG)
Interpublic earned $17.2 million, or 3 cents a share, for the third quarter, down from $38.7 million, or 8 cents a share, in the same quarter of 2008. Revenue dropped 18% to $1.43 billion.
The important measure to an advertising company, organic revenue was down 14 percent, excluding currency fluctuations and the impact of acquisitions/divestitures.
Oct 28 · 10:08:00 AM · Source: Company News Release
Track · email · face · Twitter · digg · COMMENTS
by Larry Etter
Apollo Group (APOL)
Apollo Group said its fiscal fourth quarter net income was $91.509 million vs. 229.593 million in the comparable prior period last year.
Consolidated net revenue for the three months ended August 31, 2009, totaled $1075.8 million, which represents a 29.4% increase over the fourth quarter of fiscal 2008.
Oct 28 · 10:03:00 AM · Source: Company News Release
Track · email · face · Twitter · digg · COMMENTS
by Larry Etter
Previous · Next
Advertisement