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Shares of Starbucks (NASDAQ: SBUX) are trading up in after hours trading today after the company posted strong Q4 earnings numbers after the market close.Continue reading Starbucks reports better than expected fourth quarter earnings
This afternoon, Nike Inc. (NYSE: NKE) reported its fiscal first quarter numbers, and the company was able to put up better than expected earnings numbers, but revenues came in slightly under expectations.
July was a good month for new home sales, which saw an increase of 9.6 percent during the month.
Game and toy maker Hasbro (NYSE: HAS) had its chance to impress Wall Street with its second quarter results Monday morning, and the company indeed did not disappoint, posting stronger than expected earnings.Continue reading Hasbro (HAS) posts better than expected earnings
Share of insurance company Progressive (NYSE: PGR) are moving higher this morning following better-than-expected numbers for its second quarter.
Early this morning, Wyndham Worldwide (NYSE: WYN) released its quarterly earnings, handily surpassing the Street's expectations thanks to a rise in first-quarter results. The hotelier announced first-quarter earnings of 25 cents per share, a penny better than a year ago. However, taking restructuring charges out of the equation, WYN would have earned 41 cents per share, far better than the expected 36 cents per share. These results are in stark contrast to a loss in the previous quarter, thanks to the realignment of the company's vacation ownership business and other cost-cutting measures. Quarterly revenue fell to $901 million.Continue reading Wyndham Worldwide posts healthy first-quarter earnings
If less bad news is good news than Ford Motors Co. (NYSE: F) delivered that today. Early this morning, Ford's earnings report revealed better than expected numbers, albeit another loss. Ford lost $1.4 billion in the first quarter, but it burned through less money.
Analysts expected a loss of $1.23 per share, and were positively surprised when the Detroit automaker said it lost, excluding special items such as gains from the company's debt restructuring, 75 cents per share.
The stock closed yesterday at $4.28 but is moving up over 20%, getting a jump on the market in early trading.
Health Care giant Johnson & Johnson (NYSE: JNJ) had its chance to impress Wall Street this morning with its first quarter earnings release, and the company indeed put up better than expected results, pushing shares higher in the premarket.Continue reading Johnson & Johnson (JNJ) posts better than expected earnings
As investors start to believe that the worst of the current recession is already behind us, they are turning their attention to oil, and today have pushed the precious crude over the psychological $50 mark.Continue reading Oil jumps over 5% as traders take a positive stance on the economy
Shares of thrift retailer Family Dollar (NYSE: FDO) have been trading strongly higher this morning after the company announced strong second quarter earnings this morning.Continue reading Family Dollar (FDO) jumps on strong earnings
Shareholders of Research in Motion (NASDAQ: RIMM) are certainly having a good afternoon, as the stock has surged over 20% in after hours trading following stronger than expected quarterly earnings.
Atlanta based soft drink giant Coca-Cola (NYSE: KO) got its chance to impress investor's this morning with its fourth quarter earnings, and it did not disappoint. While the company did see profit falling by 18% in the quarter, its bottom line was better than analysts had predicted.Continue reading Coca-Cola (KO) has better than expected fourth quarter
The troubled housing market got a bit of good news today, as the National Association of Realtors stated that pending home sales rose during the month of December.Continue reading Pending home sales rise in December, according to NAR
Come fly with me to Club Mediterranee. With all the bad news filling up the major newspapers, television and the internet its time to take a break, forget your troubles, enjoy yourself and just have fun.
That is what is going on at Club Mediterranee, which just posted a $2.6 million dollar profit from a year earlier. Sales rose 5.7%. Some of the gains were partly due to the sale of assets. Club Mediterranee selling 80% of its gym business.
So with so much of the world losing sales and business what is Club Mediterranee doing to stay ahead of the curve? Go upscale and attract wealthier clients. Is it working? Judging from the result the answer is: Yes. Revenue per available bed, which is a measure of profitability, rose 7.5% from the previous year and the group brought in 61,000 extra clients to its five-star hotels.
So why not turn off your cell phone and your computer and meet me in Cancun?
Tech giant Apple Inc. (NASDAQ: AAPL) put up some impressive numbers for its fiscal fourth quarter this afternoon as the company saw huge shipments of its iPhone and Macintosh products (wsj subscription required), but did forecast that its first quarter was going to be challenging.| # | Blogger | Posts | Cmts |
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