Consumer Discretionary

Market News

Ford (F)

Ford Monday posted third-quarter net income of $997 million and its first operating profit since early 2008.Ford's revenue fell $800 million for the quarter, to $30.9 billion, due mainly to its financial services arm, Ford Motor Credit, making fewer loans.
Profit is big surprise.

Nov 2 · 1:09:00 PM · Source: Company News
Track · email · face · Twitter · digg · COMMENTS
by Larry Etter

Sony Corporation (SNE)

Sony Friday reported a net loss for the fiscal second quarter ended Sept. 30 of 26.3 billion yen ($287.5 million), compared with a net profit of 20.8 billion yen in the same period a year earlier. During the quarter, Sony booked restructuring costs of 32.8 billion yen, compared with costs of roughly 900 million yen a year earlier, Sales and operating revenue for the quarter fell to 1.66 trillion yen from 2.07 trillion yen a year earlier.
Loss was less than expected by Wall Street.

Oct 30 · 9:21:00 AM · Source: Company News
Track · email · face · Twitter · digg · COMMENTS
by Larry Etter

Tim Hortons Inc. (THI)

Tim Hortons Inc. Friday said it had third quarter net income attributable to Tim Hortons of C$61.18 million or C$0.34 per share, compared to C$78.76 million or C$0.43 per share last year. Total revenues grew to C$563.55 million from C$509 million in the same quarter last year.

Oct 30 · 9:03:00 AM · Source: Company News Release
Track · email · face · Twitter · digg · COMMENTS
by Larry Etter

Las Vegas Sands Corp. (LVS)

Sand Las Vegas said Thursday it lost $123 million, or 19 cents per share, during the third quarter, compared with a loss of $32.2 million, or 9 cents per share, a year earlier. Its quaterly revenue rose 3.2 percent to $1.14 billion, compared with $1.11 billion during the same quarter last year.
Revenue fell shy of analysts' predictions of $1.17 billion.

Oct 29 · 9:04:00 PM · Source: Company News Release
Track · email · face · Twitter · digg · COMMENTS
by Larry Etter

Ford (F)

Ford announced today that a consortium led by Zhejiang Geely Group Holding Co. Ltd. is its preferred bidder in the ongoing discussions concerning the possible sale of Volvo Car Corporation.
Ford said that while it will be engaging in more detailed and focused negotiations with Geely, no final decisions have been made.

Oct 29 · 12:10:00 PM · Source: CNW Group
Track · email · face · Twitter · digg · COMMENTS
by Michael Oliveto

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
Track · email · face · Twitter · digg · COMMENTS
by Michael Oliveto

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
Track · email · face · Twitter · digg · COMMENTS
by Larry Etter

Federal-Mogul Corporation (FDML)

Federal-Mogul Corp.'s said its third-quarter net income jumped to $15.3 million from $7.2 million in the prior year period. Net sales for the third quarter declined to $1.38 billion from $1.69 billion in the year earlier quarter.
Jump the result of cost cutting by Carl Icahn-controlled company.

Oct 29 · 10:21:00 AM
Track · email · face · Twitter · digg · COMMENTS
by Larry Etter


Previous · Next
Copyright © 2010 MarketBeast.com.
All rights reserved.