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How State Taxes Put a Bigger Pinch on the PoorHere are some highlights from this past week's earnings coverage from BloggingStocks:
- Activision Blizzard Inc. (NASDAQ: ATVI) Q1 results beat expectations and raised its guidance.
- Alpha Natural Resources Inc. (NYSE: ANR) shares surged after the it reported strong Q1 earnings.
- Archer Daniels Midland Co. (NYSE: ADM) just missed swinging to a loss due to to hefty investment losses.
- CBS Corp. (NYSE: CBS) surprised with a net loss in Q1 as revenue and cash flow declined.
- Chesapeake Energy Corp. (NYSE: CHK) shares fell after it reported disappointing results for the quarter.
- Estee Lauder Companies Inc. (NYSE: EL) shares rose after Q3 earnings easily topped expectations.
- General Motors Corp. (NYSE: GM) posted a smaller-than-expected Q3 loss though sales slumped.
- IntercontinentalExchange Inc. (NYSE: ICE) Q1 earnings fell but still topped analysts' expectations.
- Live Nation Inc. (NYSE: LYV) reported a deeper-than-expected Q1 loss on slipping revenues.
- MGM Mirage (NYSE: MGM) earnings declined despite the benefit of the sale of its Treasure Island resort.
- NetSuite Inc. (NYSE: N) reported higher revenue and improved cash flow for Q1, but shares fell.
- Nintendo Co. Ltd. (OTC: NTDOY) warned that earnings may be less than analysts expected.
- Sprint Nextel Corp. (NYSE: S) widened its net loss in Q1 as customers fled to competitors.
- Toyota Motor Corp. (NYSE: TM) reported its first annual loss in nearly 60 years on slumping demand.
- UBS (NYSE: UBS) reported a narrower Q1 net loss but warned of increasing bad-debt charges.
For more highlights from this week, see Earnings highlights: Disney, Cisco, News Corp., Marvel, Sirius, Blackstone and more
Also see:
Goldman Earnings Sink After Buffett Dividend
Johnson & Johnson's Income Falls 23%
Burberry Shares Leap on Sales Update
