Gehl Tops Estimate, Restates Outlook
Jul 31, 9:34 AM EDT |
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| HSBC Holdings first-half net gains 15%, Cal-Maine narrows loss on greater demand, ABN Amro profit up 23.2%. |
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| Gehl Co, maker of agricultural and construction compact equipment, reported Q2 earnings of 75 cents a share, up from a profit of $5.6 million, or 53 cents a share a year-ago. On a continuing operations basis, the company posted a profit of 75 cents a share for Q2. Sales advanced to $139.5 million from $128.3 million in the same period a year earlier. |
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Rowan Posts More than Double Earnings
Jul 25, 9:48 AM EDT |
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| Second-quarter earnings amounted to $109.7 million, or 98 cents a share, versus $42.3 million, or 39 cents a share a year ago. |
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| The latest quarter results of the contract drilling services provider include gains amounting to $24.4 million, or 14 cents a share, associated with asset sales. Revenue increased $382.9 million from $244.6 million last year. The management forecasts worldwide demand for the company’s products and services to remain strong, despite the surging commodity prices. |
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Broadcom Revenue Guidance Disappoints
Jul 21, 8:58 AM EDT |
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| Revenue for the most recent quarter increased 56% to $941.1 million from last year's $604.9 million. |
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| Broadcom, communications semiconductors maker, reported second-quarter revenue 56% higher from a year ago. Broadcom expects third-quarter revenue to be about $900 million on inventory corrections across half of the company’s divisions. The management said it could not post additional numbers for the quarter until equity reward reviews and audit procedures have ended and restated financial statements have been completed. |
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Charles Schwab Profit Jumps on Higher Fees
Jul 18, 9:13 AM EDT |
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| The online financial services company said Q2 profit rose 35% as higher asset-based fees offset the lower trading activity. |
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| Charles Schwab earned $251 million or 19 cents a share in the most recent quarter on revenue of $1.31 billion versus profit of $186 million, or 14 cents a share on revenue of $1.01 billion a year ago. The management said that the total client assets of the firm reached $1.278 trillion as of the end of the second quarter, up 16% than a year ago. |
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General Electric Profit In Line With Estimates
Jul 14, 9:23 AM EDT |
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| Regions Financial net surges, Sensient Technologies quarterly profit up on revenue, Popular net falls 26%. |
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| General Electric, industrial conglomerate, reported a 4% rise in Q2 earnings to 47 cents a share, in line with analysts’ estimates. It also reaffirmed its guidance for 2006. Sales at the company rose 9% to $39.9 billion, after organic sales grew 8%. |
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Polaris Quarterly Net Plunges
Jul 13, 9:36 AM EDT |
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| PepsiCo net tops views, Marriott net up 35%, Tribune profit plunges 62%. |
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| Polaris Industries Inc, maker of snowmobiles and all-terrain vehicles, reported Q2 earnings of 48 cents a share, down from a profit of 66 cents a share a year-ago. On a continuing operations basis, the company earned 53 cents a share, down from a year-ago equivalent profit of 66 cents a share. Sales dropped 13% compared with the same period last year. The company missed analysts’ estimate for earnings of 53 cents a share. |
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Wolverine World Wide Quarterly Net Up 7.4%
Jul 12, 9:33 AM EDT |
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| Infosys surges on revenue growth, Ruby Tuesday beats views, Genentech net surges. |
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| Wolverine World Wide Inc., sneaker maker, reported Q2 profit grew 7.4% to 25 cents a share, with revenue up 10.5%, led by the performance of its Merrell brand. Q2 included 3 cents a share expenses from stock incentives and investment spending. |
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Low Prices Pull LG.Philips LCD Net Down
Jul 11, 9:35 AM EDT |
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| Pepsi Bottling net flat, Lucent Technologies revises quarterly net down, Alcoa reports 62% net growth. |
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| LG.Philips LCD Co., maker of liquid-crystal displays, reported it reversed to a loss in the Q2 as high inventories drove average selling prices sharply lower. The company added it lost 322 billion won ($340 million) in current period, compared with a profit of 41 billion won in the same period last year. |
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Wilson Bowden Completions Fall
Jul 05, 9:14 AM EDT |
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| Oce NV quarterly net climbs 6%, Quest Software to restate financial results. |
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| Wilson Bowden, home builder, reported that completions in the first half of the year declined 2.5% to 2,135, while the forward order book at the end of the period advanced 52% at 2,266 units. The company added that the average selling price per units climbed 6% to $382,000, reflecting a 3.1% increase in average unit size. |
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