Here are some highlights from this past week's earnings coverage on BloggingStocks:
- Adobe Systems Inc. (ADBE) shares rose after lower Q4 earnings and revenue beat analysts' expectations.
- Best Buy Inc. (BBY) shares sold off despite better-than-expected Q3 results due to the lower gross margin.
- Charles Schwab Corp. (SCHW) warned that Q4 earnings would come in lower than the Street view
- Discover Financial Services (DFS) shares were up after it reported better-than-expected Q4 earnings.
- First Solar Inc. (FSLR) offered a solid 2010 outlook but the consensus EPS estimate is high in the range.
- General Mills Inc. (GIS) strong Q2 results included better-than-expected earnings and a rosy outlook.
- Goldman Sachs Inc. (GS) received an analyst downgrade to earnings estimates for the next two years.
- Hovnanian Enterprises Inc. (HOV) shares traded lower following a much wider-than-expected loss.
- Illinois Tool Works Inc. (ITW) received an analyst's upgrade due in part to its earnings prospects
- Nike Inc. (NKE) traded higher after it reported better-than-expected earnings for the tenth straight quarter.
- Oracle Corp. (ORCL) beat earnings estimates and offered guidance for higher revenues, boosting shares.
- Research in Motion Ltd. (RIMM) beat estimates on earnings and revenues, and offered guidance.
- Rite Aid Corp. (RAD) narrowed its Q3 net loss more than expected but same-store sales slipped.
- Starwood Hotels and Resorts Worldwide Inc. (HOT) earnings prospects earned it an analyst's upgrade.
- Take-Two Interactive Software Inc. (TTWO) shares traded higher after it posted solid Q4 numbers.
- Wells Fargo & Co. (WFC) received an analyst's upgrade due to its earnings prospects and TARP repayment.
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