Jan 24 2013 @ 10:43
Logitech International SA (
NASDAQ:LOGI): The stock is down after the announcement of weak third quarter results. Logitech International announced its revenue for the quarter at $614.5 million, lagging behind the consensus estimate of $667.9 million in sales.
Jan 24 2013 @ 05:20
US based technology firm Apple has reported revenues that fall below market expectations. Whilst posting a 2012 net profit of £13.1bn, the same figure as 2011, and an 18% increase in revenue to $54.5bn Apple shares fell sharply in early trading from a 514.4 to 463.49. Live Apple stock charts available via a free ADVFN […]
Jan 23 2013 @ 10:25
WellPoint Inc. (NYSE:WLP): The company reported 38 percent higher earnings for the fourth quarter of 2012 at $464.2 million. On per share basis, its earnings stood at $1.51 per share, up from 96 cents per share it had earned for the fourth quarter of the previous year.
Jan 22 2013 @ 10:02
When the markets are plunging you tend to read quite a bit about Evil Knievil in the press. Every graduate trainee journalist wants to know what the UK’s best known short seller has to say. When markets are rising as they are now, he tends to fade from view somewhat. Of course you can get […]
Jan 22 2013 @ 09:49
SunTrust Banks Inc. (
NYSE:STI): The bank reported healthy financial numbers for the fourth quarter of the year. Its net income for the quarter stood at $350 million, up from $71 million it had reported for the corresponding quarter of the last year.
Jan 19 2013 @ 15:04
US banking giant Morgan Stanley report strong growth in profits. Morgan Stanley has called a strong rise in profits a “pivot point” and a sign that the bank is making “meaningful progress”. The bank reported a net profit of $481m between October and December 2012, a result of a 37% increase in revenue to $7.5bn. […]
Jan 18 2013 @ 11:24
Schlumberger Limited (
NYSE:SLB): the company reported its fourth quarter results and its revenue increased 8 percent to $11.17 billion. The company was expected to report its revenue at $10.82 billion. However, its net income dropped to $1.37 billion.
Jan 18 2013 @ 05:21
Anyone who invests in Amil (BOV:AMIL3), look at this … UNITED HEALTH GROUP (
NYSE:UNH) REPORTS 2012 RESULTS, Revenues of $110.6 Billion Grew 9% Year-Over-Year, Including an 11% Increase in Fourth Quarter Revenues Full Year United Healthcare Earnings Grew 8% Year-Over-Year; United Healthcare Grew to Serve more than 6 Million Additional People in 2012, Including Nearly […]
Jan 17 2013 @ 11:32
Sears Holdings Corporation (
NASDAQ:SHLD): The stock is being lapped up by insiders as Edward S Lampert, Director and 10 percent owner of the company bought 332,048 shares at an average price of $40.89 each.
Jan 16 2013 @ 10:52
Wells Fargo & Co. (
NYSE:WFC): The banking stock has been downgraded from Overweight to Neutral by Atlantic Securities. Its price target has been lowered down to $38. Its previous target was at $40.