Market News

Disney (DIS)

The Walt Disney Company is launching free iPhone and iPod touch applications, giving fans access to Disney content and interactive features anywhere.

Oct 29 · 11:02:00 AM · Source: Reuters
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by Michael Oliveto

Sprint Nextel (S)

Sprint Nextel said its quarterly losse loss grew to $478 million, or 17 cents per share, from $326 million, or 11 cents, a year earlier. Sales fell 8.8 percent to $8.04 billion.
This is a wider loss than expected by analysts.

Oct 29 · 10:57:00 AM
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by Larry Etter

GDP

The U.S. Commerce Department Thursday said the economy expanded at a 3.5 percent annual rate in the July-September period, snapping four down quarters with its fastest growth pace since the third quarter of 2007.

Oct 29 · 10:53:00 AM
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by Larry Etter

GDP

The U.S. Commerce Department Thursday said the economy expanded at a 3.5 percent annual rate in the July-September period, snapping four down quarters with its fastest growth pace since the third quarter of 2007.

Oct 29 · 10:52:00 AM
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by Larry Etter

Exxon Mobil (XOM)

ExxonMobil, the world's largest publicly-traded oil company, reported a profit of $4.73 billion, or 98 cents a share, down from $14.83 billion, or $2.85 a share, a year earlier. The prior year included a net $1.45 billion in gains. The company's revenue fell 40.3% to $82.3 billion.
Analysts had projected earnings of $1.03 a share on revenue of $85.16 billion.

Oct 29 · 10:51:00 AM · Source: Company News Release
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by Larry Etter

Pacific Gas & Electric (PCG)

PG&E today reported third quarter profit of $321 million, or 83 cents a share, up from $307 million, or 83 cents, a year earlier. On a non-GAAP basis, the company earned 93 cents a share compared with 83 cents. Revenue fell 12% to $3.23 billion.
Earnings beat analysts expectations.

Oct 29 · 10:46:00 AM · Source: Company News Release
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by Larry Etter

Brunswick Corporation (BC)

Brunswick--which makes boats, marine motors and other recreational equipment--posted a loss of $114.3 million, or $1.29 a share, compared with a year-earlier loss of $729.1 million, or $8.26 a share. The results included charges of 8 cents and $7.93, respectively. Revenue decreased 36% to $665.8 million.

Oct 29 · 10:43:00 AM · Source: Company News
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by Larry Etter

Brink's Company (The) (BCO)

Brink's Co. today reported third-quarter net income of $34 million or $0.72 per share, compared to net income of $48 million or $1.03 per share in the same quarter last year. Revenues dropped 1% to $802 millon from $813 million.

Oct 29 · 10:38:00 AM · Source: Company News
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by Larry Etter


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