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Benzinga Weekly Preview: Earnings Season Continues With Geopolitical Tensions As A Backdrop
Friday, July 18, 2014 - 4:47pm | 3041Read More...Earnings season continues next week, with several heavy hitters set to release earnings. Microsoft (NASDAQ: MSFT) will be closely watched -- as the company recently announced that it is planning to lay off around 14 percent of its workforce in order to accommodate its Nokia acquisition. In...
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Market Wrap For November 12: Investors Continue to Speculate on the Fed's Tapering Measures
Tuesday, November 12, 2013 - 7:09pm | 1803Read More...U.S. stocks traded lower throughout the large majority of Tuesday's trading session, as investors continue to speculate on the timeline for the Fed's tapering measures. With the earnings season beginning to wind down and data on the economic front relatively sparse so far this week, traders'...
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Time to Consider Unexpected Downside Earnings Risk
Wednesday, December 15, 2010 - 2:58am | 713Read More...Just when everybody was gung-ho on the retail sector, particularly in electronics, Best Buy (NYSE: BBY) apparently did not share their enthusiasm, and posted lower than expected results and lowered its outlook, causing the stock to drop almost 15% on Tuesday. According to the company, the miss was...
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LVS’ Shares Up As Losses Narrow In Q2
Wednesday, July 28, 2010 - 8:12am | 157Read More...Las Vegas Sands Corp (NYSE: LVS) announced Wednesday that its second-quarter losses narrowed as its revenue soared. The Las Vegas casino developer said that it lost $4.7 million, or $0.01 per share, in the second quarter, as compared to a loss of $222.2 million, or $0.34 per share, in the same...
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GRMN Misses Q1 Earnings Estimates, Shares Suffer
Wednesday, May 5, 2010 - 9:01am | 107Read More...The No. 1 U.S. portable navigation device maker, Garmin Ltd (NASDAQ: GRMN), announced its Q1 results on Wednesday. Profits are down to $37 million, or $0.19 a share, from last year’s $48.5 million, or $0.24 a share. Revenue too is down 1% from $437 million in Q1 2009 to $431 million this year. GRMN...
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Infineon Exceeds Consensus In Q1
Friday, January 29, 2010 - 9:29am | 133Read More...Infineon Technologies (OTC: IFNNY.PK) reported its 1Q EPS at €0.06 as compared to the consensus expectations of €0.05. IFNNY.PK’s revenues for the quarter came at €941 million, exceeding the Street view of €922 million. Infineon Technologies has forecasted that its Q2 sales will be sequentially...
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ESI Excels in 4Q As People Head Back To School
Thursday, January 21, 2010 - 2:21pm | 170Read More...The fourth-quarter profits for ITT Educational Services (NYSE: ESI) soared 49%, helped by strong enrollment growth. ESI’s results are a perfect example of how some companies can thrive in a recession. ESI and other such for-profit schools have seen a sharp rise in enrollments as people returned to...
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IBM Hot After 4Q Results
Wednesday, January 20, 2010 - 9:33am | 275Read More...The 4Q earnings released by International Business Machines Corp (NYSE: IBM) indicate how a well-implemented transition can pay impressive dividends. Announcing its results yesterday, IBM easily exceeded Wall Street expectations with a profit of $3.59 a share, compared to the consensus of $3.47....
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Will High Q4 Sales By INTC Drive The Stock?
Thursday, January 14, 2010 - 4:03pm | 162Read More...Intel (NASDAQ: INTC), the world’s largest semiconductor manufacturer, is set to post its Q4 earnings results after close. INTC has always been seen as an indicator of corporate and consumer tech spending, as its chips are used across the board from huge corporate servers to small laptops. Wall...
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SEED Shares Fall After Weak FY09 Results, Guidance
Thursday, January 14, 2010 - 9:07am | 121Read More...Origin Agritech Limited (NASDAQ: SEED) posted its FY09 non-GAAP EPS at $0.08 vs the estimates of $0.10. SEED’s revenues for the year rose 15% y/y to $86.8 million, falling short of the estimate of $86.10 million. SEED forecasted revenues for FY10 at RMB 630-660 million, missing the estimate of RMB...
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Futures Seam To Be Holding Ground With Apple's Most Profitable Quarter Ever
Tuesday, October 20, 2009 - 9:42am | 85Read More...Today, Futures seam to be holding ground as housing starts perform poorly at +0.5% to 590,000 against last month's 598,000. This has been due to unexpected rise in producer prices, fueled by Q3 earnings reports that continue to influence the market towards the north. We are expecting Nasdaq to...
