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Ford (F)
Editors at Popular Mechanics announced the winners of the magazine's
2010 Automotive Excellence Awards, and Ford Motor Company set a
precedent, winning more categories in a single year than any other automaker
in the history of the awards.
The Popular Mechanics Automotive Excellence Awards recognize the best in
automotive design and technology for 2010 model year vehicles in 10
categories.
Nov 5 · 12:14:00 PM · Source: Reuters
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by Michael Oliveto
Exelon (EXC)
Exelon shut the 867-megawatt Unit 2 at the Dresden nuclear power station in Illinois for planned refueling and maintenance early Monday, the company said in a release.
The company did not say when the unit would return to service in the release. Electricity traders guessed the unit would return in about a month.
Nov 5 · 12:08:00 PM · Source: Reuters
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by Michael Oliveto
Wendy's International, Inc. (WEN)
Wendy's Thursday said its third quarter earnings were $14.7 million, or 3 cents a share, a turn form a loss of $12.1 million, or 13 cents a share, in the year-ago period. Excluding one-time charges, the company said it would have earned 6 cents a share. Revenue rose to $903 million from $310 million on the back of the company's.
Nov 5 · 12:00:00 PM · Source: Company News Release
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by Larry Etter
Exelon (EXC)
Exelon Generation today announced
that the Old Dominion Electric Cooperative awarded it a ten-year
contract commencing on June 1, 2010 to provide 200 MWs of baseload generation
capacity and energy. ODEC awarded Exelon the deal as a result of a
competitive bidding process it initiated in June 2009.
The long-term contract with ODEC fits squarely within Exelon's hedging program
designed to manage market risks to maintain the value of its generation
portfolio. It also shows that there are opportunities for competitively priced
long-term bilateral contracts.
Nov 5 · 11:55:00 AM · Source: Reuters
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by Michael Oliveto
IMS Health (RX)
IMS Health announced Thursday it has entered into a definitive agreement to be acquired by investment funds managed by TPG Capital and the CPP Investment Board in a transaction with a total value of $5.2 billion, including the assumption of debt.
Nov 5 · 11:54:00 AM · Source: Company News
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by Larry Etter
DIRECTV (DTV)
DirectTV said this third quarter net income was $366 million, or 37 cents a share, compared with a profit of $363 million, or 33 cents a share, in the year-ago period. Revenue rose to $5.47 billion from $4.98 billion.
Nov 5 · 11:27:00 AM · Source: Company News Release
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by Larry Etter
ORBITZ WORLDWIDE INC (OWW)
Online travel agency Orbitz WorldWide said it posted a quarterly profit of $7 million, or 8 cents a share, compared with a net loss of $287 million, or $3.44 a share, a year ago. Revenue fell 22 percent, to $187 million,
Analysts had expected $202 million in revenue.
Nov 5 · 11:04:00 AM · Source: Company News
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by Larry Etter
TJX (TJX)
The TJX Companies, Inc. today said that sales for the four-week period ended October 31, 2009, were $1.7 billion, up 15% over the $1.5 billion achieved during the four-week period ended November 1, 2008. Consolidated comparable store sales increased 10% compared to last year for the four-week period ended October 31, 2009
Analysts had expected same-store sales to rise 10.1%.
Nov 5 · 10:59:00 AM · Source: Company News
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by Larry Etter
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