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Netflix Q3 Earnings Call Transcript
Nov 12, 3:14 PM ET |
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| Netflix in the third quarter added 261,000 net new subscribers, a fall of 9% from a year ago but total subscriber base rose 23% to 8.7 million. Earnings per share increased 43% to 33 cents a share from 23 cents a year ago. Net income increased 30% to $20.4 million. |
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Satyam Computer Q2 Earnings Call Transcript
Nov 12, 8:42 PM ET |
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| Satyam, the fourth largest software service exporter from India reported second quarter net revenues gain of 29% to $652 million from a year ago and earnings per ADS of 39 cents. The company guided earnings growth in the third quarter to rise between 17.6% and 20%. |
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Harley Davidson Q3 Earnings Call Transcript
Nov 12, 8:55 PM ET |
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| Harley Davidson third quarter revenues declined 7.7% to $1.42 billion and diluted earnings per share fell 33.6% to $0.71 compared to $1.54 billion and $1.07 a year ago. The motorcycle manufacturer estimates full year diluted earnings per share between $3.00 and $3.10 compared to $3.00 to $3.18. |
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Dow Down 2%, World Markets Decline
Nov 11, 6:07 PM ET |
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| Global stocks declined on the worries that recession in the U.S. may be deeper and longer than previously anticipated. Market indexes in the U.S. dropped more than 2% and in Europe fell between 4% and 6%. Russia plunged 10%. Copper declined 5% and crude oil fell 4%. |
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Starbucks Net Drops 97%
Nov 11, 6:10 PM ET |
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| Starbucks Corp fourth quarter revenue rose 3% to $2.5 billion and net income fell 97% to $5.4 million. Comparable domestic location sales fell 5% and across the system fell 3%. The company guided 2% decline in same stores sales in fiscal 2009. |
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U.S. Stocks Drift Lower, Profit Worries
Nov 11, 3:44 PM ET |
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| U.S. market indexes faltered after a decline in home builders, insurers, retailers and real estate investment trusts. Starbucks reported a sharp decline in earnings, Tyco issued a cautious outlook. Insurance companies fell on the need for more capital. |
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European Markets Fall 4%, Russia Plunges 11%
Nov 11, 5:57 PM ET |
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| European markets fell more than 4% on the weak profit outlook. Mining and metals companies declined after crude oil and metals prices fell. Banks and insurance companies fell after weak earnings from Intesa Saopaolo SpA. Vodafone Group rose on 17% rise in sales. Russia plunged 11%. |
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Hartford, Prudential Decline, CBRE Plunges
Nov 11, 5:55 PM ET |
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| Insurance companies fell on the mounting worries that leading companies in the sector will need additional capital to support their ratings. Hartford and Prudential led the decliners. CB Richard Ellis plunged after it announced a plan to raise capital in public offering. |
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Europe, Asia Decline on Profit Outlook
Nov 11, 9:16 AM ET |
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| Stocks in Asia closed lower and European markets declined after profit outlook at companies weakened. In Japan, Citizen Holding and Seiko sharply cut their annual earnings outlook on weak international sales. In Europe insurers, banks fell. Julius Baer, Swiss Life, Aegon, ING, Allianz declined. |
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Australian Stocks Fall, Asciano Plunges 60%
Nov 11, 1:52 PM ET |
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| Stocks in Australia fell sharply after the business confidence index dropped to the lowest level in two decades. Mounting recession worries and a drop in metals prices led the resource stocks lower. Banks fell on the worries that transportation company Asciano Group may need more capital. |
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