FedEx Declined After Earnings
Dec 21, 3:12 PM EST |
|
| FedEx earnings falied to match expectations on higher fuel and operating costs and tough economic environment. |
|
| FedEx Corporation reported second quarter to November 30, 2007 net revenue climbed 6% to $9.45 billion compared with $8.93 billion posted in the year ago quarter. Net earnings fell 6% to $479 million from $511 million a year earlier dragged by higher energy costs and declining demand for freight shipments. |
|
|
Full Story... |
Oracle Surges After Earnings
Dec 19, 3:01 PM EST |
|
| Oracle second quarter sales rose 28% to $5.3 billion and earnings rose 35% to $1.3 billion and earnings per share increased 36% to 25 cents. |
|
| Oracle Corporation, the second largest software maker reported second quarter revenue increase of 28% to $5.3 billion from a year ago, on GAAP basis. The company reported strong revenue growth across major business lines. In the quarter, software revenues climbed 29% to $4.2 billion. Oracle said that second quarter net income rose 35% to $1.3 billion.
Earnings surged 36% to 25 cents per share from a year earlier. Operating margins rose to 41% as the company slashed expenses. |
|
|
Full Story... |
RIM Soars 13% on 110% Rise in Earnings
Dec 20, 6:14 PM EST |
|
| Research in Motion expects to add 1.82 million new subscribers in the fourth quarter after adding 1.6 million in the third quarter. |
|
| Research in Motion third quarter earnings 115% on revenue rise of 100%. The company reported sales in the quarter of $1.67 billion compared to $835 million and earnings of $370 million compared to $175.2 million. Earnings per share jumped to 65 cents from 31 cents a year ago hoever, gross margin declined to 50.7% from 54.2% in the previous year. Research in Motion stock jumped 13% in the after market hours. |
|
|
Full Story... |
Bear Stearns Quarterly Loss
Dec 20, 11:53 AM EST |
|
| Bear Stearns reports first quarterly loss as a public company on continued meltdown in the sub-prime lending business. |
|
| Bear Stearns reported swung to a quarterly loss of $854 million from net income of $563 million a year ago on revenue to a loss of $379 million from $2.4 billion a year ago. For the fiscal year the company earnings declined to $1.52 per share from $14.27 per share a year ago. Net income in the period declined to $233 million from $2.1 billion. |
|
|
Full Story... |
Goldman Sachs Earnings Rise 2%
Dec 18, 9:28 AM EST |
|
| Goldman Sachs reported higher revenue and earnings bucking the trend in the brokerage industry. |
|
| Goldman Sachs fourth quarter revenue jumped 14% and earnings rose 2% from a year ago on higher investment banking fees, steadier flows of new assets under management, and higher revenue in the trading division. In the fourth quarter the diluted earnings per share rose to $7.01 from $6.59 a year ago. In the quarter Goldman generated $3.3 billion in revenue in fixed income trading and $2.59 billion in equities trading. |
|
|
Full Story... |
Chicos Earnings Decline 44%
Dec 07, 6:48 AM EST |
|
| Chicos reported another quarter of rising sales on new opening but declining same store sales and falling earnings. |
|
| Chicos reported third quarter earnings drop of 44.1% to $23.57 million from $42 million a year ago. Sales in the quarter increased 3.4% to $416 million. Comparable sales in the quarter declined 9.3% in the the 13-week period and fell 5.5% in the 39-week period. |
|
|
Full Story... |
| |
1
 |
| |
|
|
