Shares of D.R. Horton Inc. (NYSE: DHI) rallied about 6.20% by early trade after the homebuilder reported better-than-expected fiscal second quarter results.
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Shares of D.R. Horton Inc. (NYSE: DHI) rallied about 6.20% by early trade after the homebuilder reported better-than-expected fiscal second quarter results. [...] Coinstar Inc. (NASDAQ: CSTR) reported late last evening that its fiscal first-quarter profit slumped 58% as its top revenue contributor, Redbox DVD-rental business continued to show sharp decline in growth while higher expenses also weighed on the bottom line. [...] Shares of Qualcomm Inc. (NASDAQ: QCOM) plunged about 5.50% in early trade after the semiconductor company, late last evening, provided lower-than-expected guidance on fiscal third quarter earnings although its outlook on revenue exceeded Wall Street’s expectation. For the fiscal second quarter, Qualcomm posted adjusted earnings of $1.17 a share, in-line with analysts’ expectation. Revenue stood [...] The Dow Chemical Company (NYSE: DOW) reported fiscal first quarter results on Thursday which saw earnings comfortably beating Wall Street’s estimate, thanks mainly to robust demand for its crop and seeds protecting chemicals in Americas, offsetting the weakness in plastic business. [...] Shares of WellPoint Inc. (NYSE: WLP) rallied on Wednesday after America’s second largest health-benefit provider reported that fiscal first quarter earnings climbed 3.4% as top line growth was bolstered by strong performance from consumer-business division, offsetting weakness in commercial business division. [...] Shares of Whirlpool Corp. (NYSE: WHR) fell about 4.30% in early trade after the home appliances maker reported fiscal first quarter results which showed revenue falling short of Wall Street’s consensus estimate; however, earnings topped expectations, thanks to higher prices and cost slashing measures that helped boosting the bottom line. [...] Yum! Brands Inc. (NYSE: YUM) said that its profit in the fiscal first quarter fell 26% as its top line was adversely impacted due to declining sales in China. [...] Chemical giant, DuPont (NYSE: DD) said on Tuesday that fiscal first quarter’s net income jumped more than two times, as revenue was bolstered by strong demand for its protection crops and drought resilient seeds. The U.S. suffered one of the worst summers last year which increased the demand for drought resistant seeds, which DuPont develops. [...] Shares of Netflix Inc. (NASDAQ: NFLX) soared about 22% in early trade after the movie streaming and DVD rental company, late last evening reported stronger-than-expected fiscal first quarter results as revenue was bolstered by stunning growth in US subscribers’ base. [...] |
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