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Market Update : 
Humana Net Drops 22%
Author: Elena Todorova
123jump.com
Last Update: 8:49 AM EDT May 01 2006



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U.S. stock futures predicted a positive market opening on personal spending and income data. In earnings news, food distributor Sysco Corp. announced Q3 net income drop of 30 cents a share from 34 cents a year ago, missing analyst estimates. Par Pharmaceutical reported Q1 earnings rise of 24 cents per share on revenue growth, meeting expectations. Humana reported net income for Q3 of 40 cents per share, down from 65 cents per share last year, despite 39% revenue growth.

 

 

 

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