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Earnings Analysis: 
Tyco International Net Falls; Qiagen Net Up 81%
Author: Mita Yagnik
123jump.com
Last Update: 9:07 AM ET November 10 2009



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Tyco International Ltd fourth quarter revenues fell 16.3% to $4.42 billion and net income fell 52.7% to $205 million or 43 cents a share. Qiagen N.V. third quarter sales rose 12.5% to $259.7 million and net income rose 81.3% to $37.7 million or 18 cents a share.

 
[R]9:00AM New York - Tyco International Ltd revenue fell 16.3% and net income fell 52.7%. Qiagen N.V. sales rose 12.5% and net income rose 81.3%.[/R]

American Apparel, Inc, a clothing maker reported third quarter revenues fell 3% to $150.3 million from $154.8 million a year ago. Net income in the quarter rose 82.6% to $4.2 million or 5 cents per diluted share compared to net income of $2.3 million or 3 cents per share a year ago.

American Apparel, Inc (APP: chart) in the last one year traded as high as $6.97 in April 2009 and as low as $1.20 in March 2009. Based on the yesterday's closing price of $2.61 the company has market cap of $185.40 million.

ArvinMeritor, Inc, the auto parts maker reported fourth quarter sales fell 36% to $984 million from $1.53 billion a year ago. Net loss in the quarter was $12 million or 17 cents per diluted share compared to net loss of $153 million or $2.12 per share a year ago.

Net sales for the fiscal year 2009 fell 36% to $4.11 billion from $6.39 billion a year ago. Net loss for the year was $1.21 billion or $16.72 per diluted share compared to net loss of $101 million or $1.40 per share a year ago.

ArvinMeritor, Inc (ARM: chart) in the last one year traded as high as $9.94 in October 2009 and as low as $0.32 in March 2009. Based on the yesterday's closing price of $8.69 the company has market cap of $643.06 million.

Fossil, Inc, the watchmaker reported third quarter revenues fell 7% to $381.4 million from $409.8 million a year ago. Net income in the quarter fell 3.3% to $35.3 million or 52 cents per diluted share compared to net income of $36.5 million or 54 cents per share a year ago.

Fossil, Inc (FOSL: chart) in the last one year traded as high as $30.85 in October 2009 and as low as $11.00 in February 2009. Based on the yesterday's closing price of $28.91 the company has market cap of $1.93 billion.

JA Solar Holdings Co. Ltd, a manufacturer of high-performance solar products reported third quarter revenues fell 37.7% to Rmb 1.32 billion from Rmb 2.12 billion a year ago. Net income in the quarter was Rmb 106.8 million or Rmb 0.66 per diluted share compared to net loss of Rmb 142.8 million or Rmb 2.47 per share a year ago.

JA Solar Holdings Co. Ltd (JASO: chart) in the last one year traded as high as $6.29 in June 2009 and as low as $1.55 in November 2008. Based on the yesterday's closing price of $4.12 the company has market cap of $691.70 million.

Qiagen N.V., the genetic-tests specialist reported third quarter sales rose 12.5% to $259.7 million from $230.8 million a year ago. Net income in the quarter rose 81.3% to $37.7 million or 18 cents per diluted share compared to net income of $20.8 million or 10 cents per share a year ago.

Qiagen N.V. (QGEN: chart) in the last one year traded as high as $23.35 in September 2009 and as low as $13.82 in November 2008. Based on the yesterday's closing price of $22.39 the company has market cap of $4.46 billion.

Tyco International Ltd, the provider of security products and services reported fourth quarter revenues fell 16.3% to $4.42 billion from $5.28 billion a year ago. Net income in the quarter fell 52.7% to $205 million or 43 cents per diluted share compared to net income of $434 million or 91 cents per share a year ago.

Net revenues for the fiscal year 2009 fell 15% to $17.2 billion from $20.2 billion a year ago. Net loss for the year was $1.8 billion or $3.80 per diluted share compared to net income of $1.6 billion or $3.19 per share a year ago.

Tyco International Ltd (TYC: chart) in the last one year traded as high as $36.11 in October 2009 and as low as $15.17 in November 2008. Based on the yesterday's closing price of $35.39 the company has market cap of $16.78 billion.
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Sources: Data collected by 123jump.com and Ticker.com from company press releases, filings and corporate websites.
Market data: BATS Exchange. Inc.

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