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5-day Davos forum ends on note of humility

<ul><li>DAVOS, Switzerland – The world’s foremost gathering of business and government leaders wrapped up a five-day meeting Sunday with widespread agreement that a fragile recovery is under way but no consensus on what’s going to spur job …

[ More ] January 31st, 2010 | No Comments | Posted in Stock Markets |

E*TRADE Reports In Line, Trims Loss

E*TRADE Financial Corporation’s (ETFC) fourth-quarter loss of 4 cents per share was in line with the Zacks Consensus Estimate. The loss for the reported quarter significantly narrowed from the loss of 67 cents in the prior quarter and 50 cents in the p…

[ More ] January 30th, 2010 | No Comments | Posted in Stock Markets, Trading News |
 

Surprise profit at Columbia Banking

<ul><li>Jan. 29–An unexpected fourth-quarter profit sent shares of Columbia Banking System higher Thursday. </li><li>Wall Street analysts had on average expected a loss of 10 cents per common share, according to First Call. &lt…

[ More ] January 30th, 2010 | No Comments | Posted in Stock Markets |

CA Delivers Decent Numbers

CA Inc. (CA) reported third quarter 2010 EPS of 43 cents, exceeding the Zacks Consensus Estimate of 42 cents.[More...]

[ More ] January 30th, 2010 | No Comments | Posted in Technology |
 

SanDisk Exceeds Expectations

Sandisk’s (SNDK) fourth quarter 2009 earnings of 118 cents per share exceeded the Zacks Consensus EPS by 56 cents.[More...]

[ More ] January 30th, 2010 | No Comments | Posted in Technology |

Juniper Networks Beats

Network equipment manufacturer, Juniper Networks Inc. (JNPR) posted strong fourth quarter results of 32 cents a share soundly beating both the Zacks Consensus EPS Estimate of 21 cents and the year-ago quarterly EPS of 27 cents. The upside was reflected…

[ More ] January 29th, 2010 | No Comments | Posted in Technology |
 

3M Company Tops Estimates

3M Company (MMM) reported earnings from continuing operations of $1.30 for the fourth quarter of 2009, beating the Zacks Consensus Estimate. Revenues for the quarter were $6.1 billion.

[ More ] January 29th, 2010 | No Comments | Posted in Conglomerate, Industries |

Policy Dilemma Crystalizes In Spain

Greece has drawn investors’ ire, but it is in Spain today where the policy dilemma is most stark.
Today Spain reported that its unemployment rate in Q4 rose to 18.8% from 17.9% in Q3. The consensus was for a rise toward 18.5%. The unemployment rate h…

[ More ] January 29th, 2010 | No Comments | Posted in Europe |

Sunoco Logistics Profit Drops

Sunoco Logistics Partners L.P. (SXL) – a master limited partnership (MLP) – announced weaker-than-expected fourth quarter results, hurt by lower earnings in the Crude Oil Pipeline System segment. The partnership reported earnings per unit (EPU) of $1…

[ More ] January 29th, 2010 | No Comments | Posted in Energy, Industries |

Microsoft Rides High On Windows 7

Microsoft Corporation (MSFT) reported second quarter 2010 earnings that beat the Zacks consensus estimate by 16 cents, or 27.12%. Revenue beat by 6.4%.[More...]

[ More ] January 29th, 2010 | No Comments | Posted in Technology |