Discovery Communications, Inc. (NASDAQ: DISCA) posted sharp increase in fiscal third quarter profit, driven by strong revenue growth both in the U.S. and international networks. Shares gained as the company backed its full-year outlook. For the latest period, the Company earned 80 cents a share, on adjusted basis. Analysts polled by Thomson Reuters had expected [...]
Facebook Inc.’s (NASDAQ: FB) decision to not increase the frequency of ads it shows to its users in the near future hasn’t been welcomed by investors. Shares were mainly flat on Thursday despite a better-than-expected fiscal third quarter results, which were by the social networking giant on Wednesday after the market close. For the latest [...]
Shares of Buffalo Wild Wings (NASDAQ: BWLD) rallied on Wednesday. The restaurant chain, after the market close on Tuesday handed stronger-than-expected fiscal third quarter results. Lower prices of chicken wings and strong sales growth both at company owned location and franchises owed restaurants bolstered the results. For the latest period, Buffalo Wild Wings posted earnings [...]
The online professional networking company, LinkedIn Corp. (NYSE: LNKD) comfortably beat fiscal third quarter results; however, shares have been under pressure due to a weak outlook for the current quarter. LinkedIn, after the market close on Tuesday said that it earned 39 cents a share on revenue of $393 million, beating analysts’ consensus forecast for [...]
Oil and gas company, Occidental Petroleum Corp. (NYSE: OXY) on Tuesday said that fiscal third quarter profit climbed 14%, driven by higher oil prices along with an increase in domestic production. Shares gained as both non-GAAP earnings and revenue exceeded analysts’ expectations. For the latest period, Occidental’s domestic production stood at 476,000 barrels of oil [...]
The United States’ largest waste disposal and recycling company, Waste Management Inc. (NYSE: WM) said on Tuesday that fiscal third quarter net income rose 36%, aided by the recent acquisition which bolstered the revenue. Nevertheless, the company’s recycling business continued to face headwinds. For the latest quarter, Waste Management reported net income of $291 million [...]
Department store chain, J.C. Penney Co. Inc. (NYSE: JCP) reconfirmed for the third time in just over four weeks that sales-trends were showing an improvement. J C Penney also backed its guidance for a positive same-store-sales percentage growth for the fiscal third quarter. Shares gained sharply following the announcement. Last month, JCP came under tremendous [...]
Mosaic Co. (NYSE: MOS) announced on Monday that it has agreed to acquire CF Industries Inc.’s (NYSE: CF) phosphate business in an all cash deal of $1.2 billion. The deal will allow both companies to focus more on their core businesses. While Illinois based CF will be able to concentrate more on nitrogen fertilizer business, [...]
United Parcel Services Inc. (UPS) reported 3.4% revenue growth for the fiscal third quarter, aided by higher number of international and domestic shipments. For the latest period, UPS posted net income of $1.1 billion or $1.16 a share compared to a profit of $469 million or 48 cents a share, in the year-ago period. Stripping [...]
Sherwin-Williams (SHW) fiscal third quarter earnings rose 12% as sales improved across all of its groups. For the latest period, the Company posted a profit of $263 million or $2.55 a share compared to $235 million or $2.24 a share, in the year-ago period. Sales climbed 9.4% to $2.85 billion. In July, the Company projected [...] |
|
|
|
Copyright © 2024 Daily Stocks News - All Rights Reserved Powered by WordPress & Atahualpa |
||
Recent Comments