Established 1999
123jump.com - U.S. Financial Information Archive: 90,000 Annual and 10-K reports – 20,000 Global news stories - 3,500 IPO reports - 1,700 - Earnings Calls – 320 Fund Interviews – 10-year Annual earnings on 4,500 stocks – 20 Quarterly earnings on 3,600 stocks – 1,800 IPO prospectuses – 1,200 Economic data releases
     
   
 
Market Update : 
Weaker Job Growth
Author: Elena Todorova
123jump.com
Last Update: 9:23 AM EST November 04 2005


(Continued)

Email article | Print article

Asian-Pacific markets ended higher with the Nikkei up 1.3% at a four-year high above 14,000 points on microchip and banking stocks. Markets in South Korea, Singapore and Australia gained, only Hong Kong fell. European stocks lost ground at mid-day on higher oil prices and ahead of U.S. payroll data. After jumping $2 yesterday, crude oil eased back below $62 a barrel.

 
Alliant Energy Corp. (LNT: chart), electric and gas energy company, announced that Q3 net profit advanced 38% to 96 cents a share from the year-ago period. Earnings from continuing operations rose 8% and revenue jumped 36%. Alliant expects fiscal-year earning from continuing operations in the range of $1.10 to $1.30 a share.

Artesyn Technologies Inc. (ATSN: chart), electronic products and power supplies producer, posted Q3 net income of 9 cents a share, up a bit from the same period a year ago on both higher sales of its rectifier and amplifier products and pressure in its server segment missing analyst estimate by a penny. Sales dropped to $102 million from $107 million

Westar Energy (WR: chart), electric generation and distribution services company, posted Q3 earnings of 97 cents a share, up from 70 cents a share in the year-ago period on revenue growth, topping analyst estimate of 82 cents a share. If not for a gain on fuel supply contracts, the company would have earned 65 cents a share. Results were affected by higher fuel supply contract valuations, warmer weather and lower interest expenses.

Carrizo Oil & Gas Inc. (CRZO: chart), oil and natural gas company, posted Q3 net income of 19 cents a share if not for one-time items, up on this basis versus last year’s profit of 15 cents a share on 43% revenue growth, matching analysts’ expectations of 19 cents a share. The results reflected both greater output of natural gas and higher energy prices. The company’s production volumes increased by 7% in Q3.
  1  2 More: Market Update Archive

 



 
© 1999-2008 123jump.com. All rights reserved