11:50AM New York – CB Richard Ellis second quarter earnings fell 88% on 15.4% fall in revenue. Home builder Centex revenue declined 41% and loss widened.
Alcatel Lucent telecom equipment provider said second quarter revenues declined 5.2% to 4,101 million euros from 4,326 million euros a year ago. Net loss in the quarter was 222 million euros or 16 euro cents per ADS compared to net loss of 336 million euros or 20 euro cents per ADS, a year ago.
Alcatel Lucent (
ALU) in the last one year traded as high as $13.34 in July 2007 and as low as $5.08 in March 2008. Based on the yesterday’s closing price the company has a market cap of $13.78 billion.
BankAtlantic Bancorp, Inc, a bank holding company said second quarter net loss in the quarter was $19.4 million or 35 cents per diluted share compared to net income of $11.7 million or 20 cents per share, a year ago.
BankAtlantic Bancorp, Inc (
BBX) in the last one year traded as high as $9.60 in October 2007 and as low as $0.81 in July 2008. Based on the yesterday’s closing price the company has a market cap of $92.83 million.
CB Richard Ellis Group, Inc, the world''s largest commercial real estate brokerage said second quarter revenues declined 15.38% to $1.3 billion from $1.5 billion a year ago. Net income in the quarter plunged 88% to $16.6 million or 8 cents per diluted share compared to net income of $141.1 million or 59 cents per share, a year ago.
CB Richard Ellis Group, Inc (
CBG) in the last one year traded as high as $38.00 in July 2007 and as low as $15.23 in January 2008. Based on the yesterday’s closing price the company has a market cap of $3.77 billion.
Centex Corporation, one of the largest homebuilders said first quarter revenues dropped 41% to $1.13 billion from $1.90 billion a year ago. Net loss in the quarter was $150.1 million or $1.21 per diluted share compared to net loss of $128 million or $1.05 per share, a year ago.
Centex Corporation (
CTX) in the last one year traded as high as $40.49 in August 2007 and as low as $10.91 in July 2008. Based on the yesterday’s closing price the company has a market cap of $1.72 billion.
Chicago Bridge & Iron Company N.V, an engineering, procurement and construction company said second quarter revenues rose 28.57% to $1.4 billion from $1.0 billion a year ago. Net loss in the quarter was $140.5 million or $1.47 per diluted share compared to net income of $26.1 million or 27 cents per share, a year ago.
Chicago Bridge & Iron Company N.V (
CBI) in the last one year traded as high as $63.50 in January 2008 and as low as $27.50 in July 2008. Based on the yesterday’s closing price the company has a market cap of $3.28 billion.
General Cable Corporation, an industrial products company said second quarter sales jumped 41.7% to $1.74 billion including acquisitions in the last twelve months of $478.7 million compared to $1.172 billion. Net income in the quarter rose 17% to $75.6 million or $1.37 per diluted share compared to net income of $62.8 million or $1.15 per share, a year ago.
General Cable Corporation (
BGC) in the last one year traded as high as $83.58 in December 2007 and as low as $47.88 in August 2007. Based on the yesterday’s closing price the company has a market cap of $3.25 billion.
Jones Lang LaSalle Incorporated, one of the world''s largest real estate service companies said second quarter revenues fell 2% to $660 million from $676.0 million a year ago. Net income in the quarter plunged 69% to $24.5 million or 73 cents per diluted share compared to net income of $77.9 million or $2.32 per share, a year ago.
Jones Lang LaSalle Incorporated (
JLL) in the last one year traded as high as $117.59 in July 2007 and as low as $52.32 in July 2008. Based on the yesterday’s closing price the company has a market cap of $1.81 billion.
MetLife, Inc, a provider of insurance and other financial services said second quarter revenues rose 4% to $13.72 billion from $13.21 billion a year ago. Net income in the quarter plunged 19% to $915 million or $1.26 per diluted share compared to net income of $1.13 billion or $1.48 per share, a year ago.
MetLife, Inc (
MET) in the last one year traded as high as $71.23 in October 2007 and as low as $47.73 in July 2008. Based on the yesterday’s closing price the company has a market cap of $37.51 billion.
National Oilwell Varco, Inc, Oilfield service provider said second quarter revenues rose 28.31% to $3.32 billion from $2.38 billion a year ago. Net income in the quarter grew 32% to $421.7 million or $1.04 per diluted share compared to net income of $318.5 million or 89 cents per share, a year ago.
National Oilwell (
NOV) in the last one year traded as high as $92.70 in June 2008 and as low as $48.90 in March 2008. Based on the yesterday’s closing price the company has a market cap of $31.16 billion.
Portfolio Recovery Associates, Inc, provides a broad range of accounts receivable management services said second quarter revenues increased 16% to $63.6 million from $54.8 million a year ago. Net income in the quarter declined 12% to $11.4 million or 75 cents per diluted share compared to net income of $13.0 million or 80 cents per share, a year ago.