Lots more quarterly reports rolled out this past week, and here are some highlights of earnings coverage from BloggingStocks:

• Alcatel-Lucent (NYSE: ALU) reported more losses and more job cuts.
• Alvarion Ltd.'s (NASDAQ: ALVR) record quarter fuels speculation of a Cisco (NYSE: CSCO) buyout.
• Avon Products Inc.'s (NYSE: AVP) profit rose 61%, buoyed by strength in emerging markets.
• Chevron Corp. (NYSE: CVX) fell short of expectations due to tighter margins.
• CIGNA Corp. (NYSE: CI) had a solid quarter but warned about 2008 earnings.
• Clorox Co. (NYSE: CLX) blamed profit loss on materals costs, and announced acquistion of Burt's Bees.
• Colgate-Palmolive Co. (NYSE: CL) beat estimates by a penny and had strong sales overseas.
• Crocs Inc. (NASDAQ: CROX) beat earnings estimates and revised its full-year forecast.
• Dell Inc. (NASDAQ: DELL) announced it would restate revenues, ahead of its November quarterly report.
• Exxon Mobil Corp. (NYSE: XOM) missed expectations, also due to tighter margins.
• Given Imaging Ltd. (NASDAQ: GIVN) cited FDA approval delays for disappointing results.
• Hertz Global Holdings Inc. (NYSE: HTZ) posted record revenues and appointed a new CFO.
• Humana Inc.'s (NYSE: HUM) positive surprise lifted the share price to a new all-time high.

Continue reading Earnings highlights: Crocs, Exxon, Kraft, P&G, Sirius, and others

Earnings highlights: Crocs, Exxon, Kraft, P&G, Sirius, and others originally appeared on BloggingStocks on Sat, 03 Nov 2007 10:10:00 EST. Please see our terms for use of feeds.

It's been a crazy ride for the print industry since Johannes Gutenberg invented modern printing in the 1400s.

So, it should be no surprise that many of the top companies in the industry have been around for a long time. R.R. Donnelley & Sons (NYSE:RRD), for example, was founded in 1864. Or take Banta Corp. (NYSE:BN). This company got its start in 1901.

Well, today, R.R. Donnelley agreed to shell out $1.3 billion for Banta. Last year, Banta generated about $1.54 billion in revenues. Banta also focuses on things like books and supply chain management.

But isn't the print industry dying because of the onslaught of the Internet? Maybe there is a reduction in media print. Yet, the fact remains that companies still print a lot of materials. In fact, with new regulations - such as Sarbanes-Oxley - there should be more demand for print. Also, industrialization in countries like China and India should be a catalyst.

Basically, R. R. Donnelly realized that it needs to consolidate the industry - cutting costs and adding new products.

And Wall Street agrees. While big deals like this tend to depress the stock price of the buyer, R. R. Donnelly's stock has held steady.

Tom Taulli is the author of various books, including the Complete M&A Handbook and operates InvestorOffering.com.

Donnelley prints $1.3 billion for a deal originally appeared on BloggingStocks on Wed, 01 Nov 2006 14:18:00 EST. Please see our terms for use of feeds.