Earnings Highlights: Discover, FedEx, GameStop, Guess, Nike, Palm ...

Here are some highlights from this past week's earnings coverage on BloggingStocks:

Alcatel-Lucent (ALU) received an analyst's downgrade following its disappointing earnings report and guidance.
Chicago Bridge & Iron Co. (CBI) improved earnings prospects prompted one analyst to upgrade the stock.
Cintas Corp. (CTAS) lower Q3 earnings topped analysts' expectations, and it reiterated its Q4 earnings guidance.
CRA International Inc. (CRAI) received an analyst's downgrade following its earnings results for Q1.
Discover Financial Services (DFS) reported a net loss for Q1 due to a needed boost to its loan loss reserves.

FedEx Corp. (FDX) reported better-than-expected Q2 earnings and also boosted its full-year EPS guidance.
FUQI International Inc. (FUQI) was downgraded after its preliminary Q4 results were weaker than expected.
GameStop Corp. (GME) shares rallied after lower Q4 earnings beat estimates, though same-store sales declined.
Guess Inc. (GES) strong Q4 earnings results beat expectations, and revenue and same-store sales also grew.
Nike Inc. (NKE) shares rallied following it posted better-than-expected Q3 earnings and revenue numbers.
Palm Inc. (PALM) shares sold off after it reported a bigger-than-expected Q3 net loss due to competitive pressures.
Perry Ellis International Inc. (PERY) posted strong Q4 earnings but disappointing revenue and guidance.
Sequenom Inc. (SQNM) shares plunged following its earnings results and it declined to offer guidance.
Starbucks Corp. (SBUX) received an analyst's upgrade due in part to expectations for higher earnings.
TD Ameritrade Holding Corp. (AMTD) warned that its Q2 numbers would resemble those in its Q1 report.