Market News
BMC Software (BMC)
BMC, a business software company, said it had GAAP net income for the fiscal second quarter of $94.2 million or $0.50 per share, compared to $69.8 million or $0.36 per share for the year-ago quarter. Total revenue for the second quarter decreased 1% to $461.8 million from $466.7 million in the same quarter last year.
Earnings top analysts' estimates.
Oct 29 · 8:59:00 PM · Source: Company News Release
Track · email · face · Twitter · digg · COMMENTS
by Larry Etter
MetLife (MET)
MetLife said it had a third-quarter net loss of $620 million, or 79 cents a share, compared with net income of $630 million, or 83 cents, in the year-earlier period. Premiums and other revenue at the MetLife business that sells coverage to companies, including retirement plans and employee benefits, slipped about 8 percent to $4.2 billion, while the unit’s operating earnings dropped 21 percent to $311 million on lower investment income.
Oct 29 · 8:53:00 PM · Source: Company News Release
Track · email · face · Twitter · digg · COMMENTS
by Larry Etter
RealNetworks Inc. (RNWK)
RealNetworks said it earned $1.5 million, and broke even on a per-share basis, in the third quarter, compared with a loss of $4.5 million, or 3 cents per share a year ago. Third-quarter revenue fell 8 percent to $140.3 million compared with a year ago
The profit level surprised analysts.
Oct 29 · 8:50:00 PM · Source: Company News Release
Track · email · face · Twitter · digg · COMMENTS
by Larry Etter
Networks Associates (MFE)
McAfee announced today that it had third-quarter earnings of $36.8 million, or 23 cents a share, down from $48.8 million, or 31 cents a share, a year earlier. Revenue jumped 18% to $485.3 million amid a 25% increase in North America. International revenue grew 11%.
Oct 29 · 8:45:00 PM · Source: Company News Release
Track · email · face · Twitter · digg · COMMENTS
by Larry Etter
Alcoa (AA)
Alcoa has signed a cooperation agreement with Commercial Aircraft Corporation of China Ltd (COMAC) to help develop China's new passenger jet, the head of Alcoa's aerospace division said.
Oct 29 · 1:59:00 PM · Source: Reuters
Track · email · face · Twitter · digg · COMMENTS
by Michael Oliveto
Colgate (CL)
Colgate reported a profit of $590 million, or $1.12 a share, up from $500 million, or 94 cents a share, a year earlier. The prior-year period included 5 cents a share in restructuring-related charges. Colgate's revenue was flat at $3.99 billion.
Earnings top Street expectations.
Oct 29 · 1:48:00 PM · Source: Company News Release
Track · email · face · Twitter · digg · COMMENTS
by Larry Etter
Allergan (AGN)
Drug company Allergen said its third-quarter earnings increased to $179 million, or 58 cents per share, from $165 million, or 54 cents per share, in the year-earlier period. The company said global sales rose 4.2 percent to $1.13 billion in the quarter, topping analysts' expectations of $1.08 billion
Results were helped by rebound in Botox sales.
Oct 29 · 1:36:00 PM · Source: Company News Release
Track · email · face · Twitter · digg · COMMENTS
by Larry Etter
GE (GE)
General Electric announced the appointment of John Flannery as president and CEO of GE’s business operations in India.
Flannery, 47, will oversee GE’s new approach to India, which will consolidate all businesses into one team with an integrated strategy. This team will help GE grow in India through local partnerships, technology leadership and strategic investments. Flannery has been named a senior vice president of GE.
Oct 29 · 12:51:00 PM · Source: Business Wire
Track · email · face · Twitter · digg · COMMENTS
by Michael Oliveto
Previous · Next
Advertisement