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Earnings highlights: Blockbuster, Costco, H&R Block, Walgreen, Saks and others

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

Also, see Timothy Sykes's take on Warren Buffett's annual letter to Berkshire Hathaway (NYSE: BRK.A) shareholders. Zac Bissonnette is interested in where earnings actually come from. And Saks, Costco, and other retailers saw stronger February same-store sales despite recession concerns, but JC Penney Co. (NYSE: JCP) didn't feel the love.

Upcoming results to watch for include Kroger Co. (NYSE: KR), Boston Beer Co. (NYSE: SAM), J. Crew Group Inc. (NYSE: JCG), Jones Soda Co. (NASDAQ: JSDA), Blackstone Group (NYSE: BX), and Men's Wearhouse Inc. (NYSE: MW).

Visit AOL Money & Finance for more earnings coverage.

China Techfaith Wireless Communication Technology (CNTF): Shares in bullish 'flag'

China Techfaith Wireless Communication Technology (NASDAQ: CNTF) is a mobile handset maker in the People's Republic of China. Products include smart phones, feature phones, wireless modules, data cards, printed circuit boards and wireless software. Services involve hardware design, component selection, sourcing, prototype testing, pilot production and production support. The firm creates sets for platforms developed by Philips (NYSE: PHG), Texas Instruments (NYSE: TXN) and Skyworks Solutions (NASDAQ: SWKS). Customers include leading Chinese and international mobile handset brand owners.

The firm pleased investors last week, when it reported Q4 EPS of seven cents and revenues of $45.7 million. Analysts had been expecting four cents and $43.3 million. Management also guided Q1 revenues to $48-$49 million ($42.86M consensus) and disclosed plans to work with Google (NASDAQ: GOOG) to develop a phone based on that firm's Android operating system.

Continue reading China Techfaith Wireless Communication Technology (CNTF): Shares in bullish 'flag'

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DJIA-89.2312,801.23
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Last updated: February 11, 2012: 12:54 AM

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