[R]
10:00AM New York - Brown & Brown, Inc revenue rose 3% and net income fell 7%. International Business Machines Corporation revenue fell 11% and net income fell 1%.[/R]
Brown & Brown, Inc, an Insurer and broker said first quarter revenues rose 3% to $263.6 million from $256.7 million a year ago. Net income in the quarter fell 7% to $48 million or 34 cents per diluted share compared to net income of $51.8 million or 37 cents per share, a year ago.
Brown & Brown, Inc (
BRO: chart) in the last one year traded as high as $27.41 in September 2008 and as low as $14.95 in March 2009. Based on the yesterday’s closing price $18.54 the company has market cap of $2.62 billion.
CDC Corporation, a Hong Kong-based software and online-services company said fourth quarter revenues fell 10% to $96.2 million from $106.9 million a year ago. Net loss in the quarter was $84 million or 78 cents per diluted share compared to net loss of $94 million or 88 cents per share a year ago.
Revenues for the fiscal year 2008 rose 4% to $409.1 million from $394 million a year ago. Net loss for the year was $116.3 million or $1.08 per diluted share compared to net loss of $105 million or 98 cents per share a year ago.
CDC Corporation (
CHINA: chart) in the last one year traded as high as $3.86 in April 2008 and as low as $0.65 in February 2009. Based on the yesterday’s closing price $1.40 the company has market cap of $149.61 million.
Crane Co, the Diversified U.S. manufacturer said first quarter revenues fell 18% to $555.1 million from $678.9 million a year ago. Net income in the quarter fell 52% to $23.3 million or 40 cents per diluted share compared to net income of $48.4 million or 79 cents per share a year ago.
Crane Co (
CR: chart) in the last one year traded as high as $46.29 in May 2008 and as low as $10.87 in November 2008. Based on the yesterday’s closing price $18.87 the company has market cap of $1.10 billion.
Forward Air Corporation, an air cargo industry contractor said first quarter revenues fell 11% to $96.6 million from $107.9 million a year ago. Net loss in the quarter was $3.1 million or 11 cents per diluted share compared to net income of $10 million or 35 cents per share a year ago.
Forward Air Corporation (
FWRD: chart) in the last one year traded as high as $39.09 in June 2008 and as low as $13.80 in March 2009. Based on the yesterday’s closing price $16.53 the company has market cap of $478.36 million.
Healthways, Inc, a wellness program provider said first quarter revenues rose 1% to $182.7 million from $180.9 million a year ago. Net loss in the quarter was $14.8 million or 43 cents per diluted share compared to net income of $10.2 million or 27 cents per share a year ago.
Healthways, Inc (
HWAY: chart) in the last one year traded as high as $37.79 in April 2008 and as low as $5.35 in November 2008. Based on the yesterday’s closing price $9.46 the company has market cap of $318.40 million.
International Business Machines Corporation, an information technology (IT) company said first quarter revenues fell 11% to $21.7 billion from $24.5 billion a year ago. Net income in the quarter fell 1% to $2.30 billion or $1.70 per diluted share compared to net income of $2.32 billion or $1.64 per share a year ago.
International Business Machines Corporation (
IBM: chart) in the last one year traded as high as $130.93 in July 2008 and as low as $69.50 in November 2008. Based on the yesterday’s closing price $100.43 the company has market cap of $134.74 billion.
Macatawa Bank Corporation, a bank company said first quarter net interest income fell 13% to $12.8 million from $14.7 million a year ago. Net loss in the quarter was $4.1 million or 30 cents per diluted share compared to net income of $2.4 million or 14 cents per share a year ago.
Macatawa Bank Corporation (
MCBC: chart) in the last one year traded as high as $11.90 in May 2009 and as low as $1.46 in March 2009. Based on the yesterday’s closing price $3.50 the company has market cap of $60.07 million.
Packaging Corporation of America, the producer of containerboard and corrugated products in the United States said first quarter sales fell 11% to $512 million from $577 million a year ago. Net income in the quarter fell 20% to $25.7 million or 25 cents per diluted share compared to net income of $32.1 million or 31 cents per share a year ago.
Packaging Corporation of America (
PKG: chart) in the last one year traded as high as $26.99 in September 2008 and as low as $9.66 in March 2009. Based on the yesterday’s closing price $12.82 the company has market cap of $1.31 billion.
S&T Bancorp, Inc, a bank company said first quarter net interest income rose 18% to $37.5 million from $31.7 million a year ago. Net loss in the quarter was $3.1 million or 11 cents per diluted share compared to net income of $14.9 million or 60 cents per share a year ago.
S&T Bancorp, Inc (
STBA: chart) in the last one year traded as high as $47.09 in September 2008 and as low as $17.55 in March 2009. Based on the yesterday’s closing price $18.61 the company has market cap of $514.33 million.
