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11:10AM New York - Panasonic Corporation sales fell 4.5% and net loss was ¥103.5 billion. Southern Union Company sales rose 11% and net rose 23%.[/R]
American International Group, Inc (
AIG: chart), the insurance company reported first quarter net premiums written fell 1% to $7.64 billion from $7.73 billion a year ago. Net income in the quarter was $1.45 billion or $2.16 per diluted share compared to net loss of $4.35 billion or $39.67 per share a year ago.
American International Group, Inc, in the last one year traded as high as $55.90 in August 2009 and as low as $8.22 in July 2009. Based on the yesterday’s closing price of $36.75 the company has market cap of $24.51 billion.
Arena Pharmaceuticals, Inc (
ARNA: chart), a biopharmaceutical company reported first quarter sales fell 5.5% to $2.51 million from $2.66 million a year ago. Net loss in the quarter was $31.3 million or 33 cents per diluted share compared to net loss of $50.6 million or 68 cents per share a year ago.
Arena Pharmaceuticals, Inc, in the last one year traded as high as $5.93 in June 2009 and as low as $2.49 in May 2009. Based on the yesterday’s closing price of $3.07 the company has market cap of $310.46 million.
Edison International (
EIX: chart), the generator and distributor of electric power reported first quarter revenues were flat at $2.81 billion. Net income in the quarter fell 5.6% to $236 million or 72 cents per diluted share compared to net income of $250 million or 76 cents per share a year ago.
Edison International, in the last one year traded as high as $36.72 in December 2009 and as low as $27.58 in May 2009. Based on the yesterday’s closing price of $32.63 the company has market cap of $10.63 billion.
Huntsman Corporation (
HUN: chart), the chemical maker reported first quarter sales rose 24.4% to $2.09 billion from $1.68 billion a year ago. Net loss in the quarter was $172 million or 73 cents per diluted share compared to net loss of $290 million or $1.24 per share a year ago.
Huntsman Corporation, in the last one year traded as high as $14.25 in February 2010 and as low as $4.70 in July 2009. Based on the yesterday’s closing price of $10.05 the company has market cap of $2.39 billion.
Mirant Corporation (
MIR: chart), an energy company reported first quarter revenues fell 5.5% to $880 million from $878 million a year ago. Net income in the quarter fell 98% to $407 million or $2.79 per diluted share compared to net income of $380 million or $2.62 per share a year ago.
Mirant Corporation, in the last one year traded as high as $19.12 in July 2009 and as low as $10.16 in April 2010. Based on the yesterday’s closing price of $10.98 the company has market cap of $1.58 billion.
Panasonic Corporation (
PC: chart), the consumer electronics makers said fiscal year 2010 sales fell 4.5% to ¥7.42 trillion from ¥7.77 trillion a year ago. Net loss in the year was ¥103.5 billion or ¥49.97 per diluted share compared to net loss of ¥379.0 billion or ¥182.25 per share a year ago.
Panasonic Corporation, in the last one year traded as high as $17.19 in January 2010 and as low as $12.40 in December 2010. Based on the yesterday’s closing price of $13.88 the company has market cap of $28.74 billion.
Southern Union Company (
SUG: chart), a natural gas company reported first quarter sales rose 11% to $759.0 million from $683.9 million a year ago. Net income in the quarter rose 23% to $54.3 million or 43 cents per diluted share compared to net income of $44.1 million or 36 cents per share a year ago.
Southern Union Company, in the last one year traded as high as $26.68 in April 2010 and as low as $15.35 in May 2009. Based on the yesterday’s closing price of $23.61 the company has market cap of $2.94 billion.
TETRA Technologies, Inc (
TTI: chart), an oil and gas services company reported first quarter sales rose 5% to $205.7 million from $195.3 million a year ago. Net income in the quarter fell 52% to $5.4 million or 7 cents per diluted share compared to net income of $11.2 million or 15 cents per share a year ago.
TETRA Technologies, Inc, in the last one year traded as high as $14.64 in April 2010 and as low as $6.32 in May 2009. Based on the yesterday’s closing price of $11.06 the company has market cap of $836.07 million.
The Washington Post Company (
WPO: chart), the diversified education and media company reported first quarter sales rose 11.4% to $1.17 billion from $1.05 billion a year ago. Net income in the quarter was $45.4 million or $4.91 per diluted share compared to net loss of $19.2 million or $2.04 per share a year ago.
The Washington Post Company, in the last one year traded as high as $547.88 in April 2010 and as low as $330.10 in June 2009. Based on the yesterday’s closing price of $488.50 the company has market cap of $4.50 billion.