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10:00AM New York - Merck & Co., Inc revenue fell 8% and net income fell 57%. The Coca-Cola Company first quarter sales fell 3% and net income fell 10%.[/R]
AK Steel Holding Corporation, the producer of flat-rolled carbon, stainless and electrical steels, and tubular products reported first quarter revenues fell 48.5% to $922.2 million from $1.79 billion a year ago. Net loss in the quarter was $73.4 million or 67 cents per diluted share compared to net income of $101.1 million or 90 cents per share, a year ago.
AK Steel Holding Corporation (
AKS: chart) in the last one year traded as high as $73.07 in May 2008 and as low as $5.20 in March 2009. Based on the yesterday’s closing price $10.25 the company has market cap of $1.14 billion.
AMETEK, Inc, the global manufacturer of electronic instruments and electromechanical devices reported first quarter revenues fell 9.5% to $552.9 million from $611.2 million a year ago. Net income in the quarter fell 11% to $59.1 million or 55 cents per diluted share compared to net income of $66.4 million or 62 cents per share, a year ago.
AMETEK, Inc (
AME: chart) in the last one year traded as high as $53.12 in May 2008 and as low as $24.54 in March 2009. Based on the yesterday’s closing price $33.79 the company has market cap of $3.61 billion.
Arbitron Inc, a media and marketing information services firm reported first quarter revenues rose 4.7% to $98.5 million from $94.1 million a year ago. Net income in the quarter fell 24.5% to $12.3 million or 46 cents per diluted share compared to net income of $16.3 million or 57 cents per share, a year ago.
Arbitron Inc (
ARB: chart) in the last one year traded as high as $51.50 in June 2008 and as low as $9.90 in December 2008. Based on the yesterday’s closing price $19.31 the company has market cap of $510.42 million.
The Bank of New York Mellon Corporation, the New York-based trust bank reported first quarter revenues fell 22% to $2.94 billion from $3.76 billion a year ago. Net income in the quarter fell 57% to $322 million or 28 cents per diluted share compared to net income of $746 million or 65 cents per share, a year ago.
The Bank of New York Mellon Corporation (
BK: chart) in the last one year traded as high as $46.89 in May 2008 and as low as $15.44 in March 2009. Based on the yesterday’s closing price $28.03 the company has market cap of $32.22 billion.
BJ Services Company, the oil service firm reported second quarter revenues fell 18% to $1.05 billion from $1.28 billion a year ago. Net income in the quarter fell 66% to $43.0 million or 15 cents per diluted share compared to net income of $127.30 million or 43 cents per share, a year ago.
BJ Services Company (
BJS: chart) in the last one year traded as high as $34.94 in June 2008 and as low as $8.34 in March 2009. Based on the yesterday’s closing price $11.97 the company has market cap of $3.50 billion.
Caterpillar Inc, the world''s largest producer of construction and mining equipment reported first quarter revenues fell 22% to $9.22 billion from $11.80 billion a year ago. Net loss in the quarter was $112 million or 19 cents per diluted share compared to net income of $922 million or $1.45 per share, a year ago.
Caterpillar Inc (
CAT: chart) in the last one year traded as high as $85.96 in May 2008 and as low as $21.71 in March 2009. Based on the yesterday’s closing price $30.48 the company has market cap of $18.33 billion.
Comerica Incorporated, the large U.S. regional bank reported first quarter net interest income fell 19% to $384 million from $476 million a year ago. Net loss in the quarter was $24 million or 16 cents per diluted share compared to net income of $109 million or 73 cents per share, a year ago.
Comerica Incorporated (
CMA: chart) in the last one year traded as high as $54.00 in September 2008 and as low as $11.72 in March 2009. Based on the yesterday’s closing price $18.67 the company has market cap of $2.82 billion.
E. I. du Pont de Nemours and Company, the Wilmington, Del.-based chemicals giant reported first quarter revenues fell 17% to $7.27 billion from $8.77 billion a year ago. Net income in the quarter fell 59% to $489 million or 54 cents per diluted share compared to net income of $1.2 billion or $1.31 per share, a year ago.
E. I. du Pont de Nemours and Company (
DD: chart) in the last one year traded as high as $52.49 in April 2008 and as low as $16.05 in March 2009. Based on the yesterday’s closing price $26.74 the company has market cap of $24.16 billion.
Forest Laboratories, Inc, the U.S.-based pharmaceutical company reported fourth quarter sales fell 0.2% to $896.7 million from $898.7 million a year ago. Net income in the quarter fell 46% to $92.7 million or 31 cents per diluted share compared to net income of $172.7 million or 55 cents per share, a year ago.
Net sales for the fiscal year 2008 rose 4% to $3.64 billion from $3.50 billion a year ago. Net income in the year fell 21% to $767.7 million or $2.52 per diluted share compared to net income of $967.9 million or $3.06 per share, a year ago.
Forest Laboratories, Inc (
FRX: chart) in the last one year traded as high as $39.02 in August 2008 and as low as $18.37 in March 2009. Based on the yesterday’s closing price $22.39 the company has market cap of $6.75 billion.