Here are some highlights of this past week's earnings coverage from BloggingStocks:
- Applied Materials Inc. (NASDAQ: AMAT) first-quarter profits fell due to market conditions.
- Best Buy Inc. (NYSE: BBY) lowered its earnings forecast on declining sales.
- Campbell Soup Co. (NYSE: CPB) posted unexciting second-quarter results, but shares rose anyway.
- Chipotle Mexican Grill Inc. (NYSE: CMG) posted solid results but fell short of expecations.
- Comcast Corp. (NASDAQ: CMCSA) beat expectations and annouced it first dividend in a decade.
- Denny's Corp. (NASDAQ: DENN) fourth-quarter results were dragged down by the sale of restaurants.
- General Motors Corp. (NYSE: GM) posted a record loss and made a buyout offer to union employees.
- Hasbro Inc. (NYSE: HAS) post better-than-expected fourth-quarter results on popularity of the Transformers.
- Jones Apparel Group Inc. (NYSE: JNY) narrowed its loss in the fourth quarter as restructuring continued.
- Lions Gate Entertainment Corp. (NYSE: LGF) missed earnings estimates despite strong revenue growth.
- Marriott International Inc. (NYSE: MAR) profit fell on losses from discontinued operations.
- Molson Coors Brewing Co. (NYSE: TAP) beat estimates as profits rose 75%.
- PolyOne Corp. (NYSE: POL) beat expectations and raised its guidance.
- Schering-Plough Corp. (NYSE: SGP) beat expectations, excluding a charge for acquistion costs.
- UBS (NYSE: UBS) posted a big loss on write-downs due to the subprime crisis.
- VNUS Medical Technologies Inc. (NASDAQ: VNUS) beat expectations on strength overseas.
- World Wrestling Entertainment (NYSE: WWE) beat expectations despite weakness in its movie business.
Also, Jim Cramer defends his interest in GM after its record loss.
Upcoming results to watch for include Wal-Mart (NYSE: WMT), Hewlett-Packard (NYSE: HPQ), OfficeMax (NYSE: OMX), Whole Foods (NASDAQ: WFMI), MGM Mirage (NYSE: MGM), JCPenney (NYSE: JCP), and Safeway (NYSE: SWY).
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