[R] 10:30AM New York - BJ’s Wholesale Club sales fell 5% and net income fell 3.8%. Deere & Company revenue fell 24% and net income fell 27%.[/R]
BJ’s Wholesale Club, the warehouse chain reported second quarter sales fell 5% to $2.51 billion from $2.64 billion a year ago. Net income in the quarter fell 3.8% to $35.1 million or 64 cents per diluted share compared to net income of $36.5 million or 61 cents per share a year ago.
BJ’s Wholesale Club ( BJ: chart) in the last one year traded as high as $41.04 in September 2008 and as low as $27.44 in March 2009. Based on the yesterday’s closing price of $31.32 the company has market cap of $1.74 billion.
Deere & Company, the farm equipment maker reported third quarter revenues fell 24% to $5.89 billion from $7.74 billion a year ago. Net income in the quarter fell 27% to $420 million or 99 cents per diluted share compared to net income of $575.2 million or $1.32 per share a year ago.
Deere & Company ( DE: chart) in the last one year traded as high as $71.01 in August 2008 and as low as $24.83 in March 2009. Based on the yesterday’s closing price of $45.09 the company has market cap of $19.06 billion.
Eaton Vance Corp, the investment management firm reported third quarter revenues rose 19% to $228.4 million from $282.8 million a year ago. Net income in the quarter fell 37% to $31.2 million or 26 cents per diluted share compared to net income of $49.6 million or 40 cents per share a year ago.
Eaton Vance Corp ( EV: chart) in the last one year traded as high as $41.00 in September 2008 and as low as $12.36 in November 2008. Based on the yesterday’s closing price of $28.98 the company has market cap of $3.40 billion. |