Nuance Communications (NASDAQ:NUAN) reported fiscal Q1 EPS of 28 cents, short of the 31 cents analysts were expecting. Revenue also was light totaling $317.3 million, vs.
Prudential reported book value per share of $63.11 as of Dec. 31, up from $51.52 per share in the year-ago period.
Chairman and CEO John Strangfeld said, "Our solid operating results for the fourth quarter and the year reflect sustained organic growth in our key U.S. retirement and international insurance businesses.
Prudential (NYSE:PRU) reported Q4 EPS of $1.78, easily beating Street estimates of $1.48 per share. Revenue in the quarter totaled $8.13 billion, also well above the $7.88 billion consensus.
The company said it sees 2011 EPS of $4.60-$4.80, vs. a consensus estimates of $4.61. Advanced Auto is forecasting 2011 comparable sales up in the low to mid single digits.
CEO Darren Jackson said, "Our team reached many record strategic and financial milestones this year.
Advanced Auto Parts (NYSE:AAP) reported Q4 EPS of 57 cents, better than the 54 cents per share analysts were expecting. Revenue rose 11.1% year-over-year and totaled $1.27 billion, just above the Street target of $1.25 billion. Gr
Comparable and identical store sales increased 9.1%.
Walter Robb, co-chief executive officer of Whole Foods Market, commented: "Our identical store sales growth continued to gain momentum for the fifth consecutive quarter on both a one- and two-year basis and at 9.1% is the highest
Whole Foods Market (NASDAQ:WFMI) reported Q1 EPS of $0.51, ahead of consensus estimates of $0.45 per share. Revenues for the quarter rose 14% year-over-year to $3.00 billion, topping consensus estimates of $2.98 billion.
Cisco reported adjusted inventory turns of 10.0 and days sales outstanding of 40 days. That is is up from 38 days during Q1.
Chairman and CEO John Chamber said, "The quarter played out as we expected. Our strategy of tightly integrating our multiple products through an architectural approach is working, and we are delivering innovation in each major pro
Cisco (NASDAQ:CSCO) reported fiscal Q2 EPS of 37 cents, topping consensus estimates of 35 cents. Sales in the quarter totaled $10.41 billion, above the Street estimate of $10.24 billion.
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Federal Reserve Chairman Ben Bernanke told Congress that the central bank will press on with its $600 billion stimulus program because of stubbornly high unemployment, but also acknowledged that the bank is keeping a wary eye out
The comments came from a conference in Miami hosted by Credit Suisse. Viniar said that Goldman was "buying more illiquid assets than we probably should have."
Goldman shares are down 0.88%, or $1.49, to $167.05.
Goldman Sachs (GS) shares are down after Goldman Chief Financial Officer David Viniar said the bank bought too many hard-to-sell assets before the financial crisis in 2008, according to Bloomberg.
The company posted record revenue of $33.8 million for the fourth quarter ended Dec. 31, a 29% increase over the $26.2 million reported for the same period in 2009. Net income was $4.3 million for the fourth quarter, or $0.20 per
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Shares of Stratasys (SSYS) are up $4.80 to $40.18, or 11.61%, after the company reported strong fourth quarter and full year financial results that surpassed market expectations.
From FNNO.com, this is the Financial News Network. I’m Cleo
Stiller-Farrell and this is your Midweek Market Wrap Up. The British
Bankers’ Association, which has the supervisory role of setting the
influential Libor rates, announced that it would be willing to give up
its...
The Wall Street Journal reports that home prices showed their best year-to-date gains since 2005, up 5.9% through July, signaling the housing market's steady march toward recovery. Also from the Wall Street Journal, IBM (IBM) will increase its efforts to sell so-called cloud computing services...
CEO Marissa Mayer is bringing in some more new blood to Yahoo!, tapping Ken Goldman as the company's new Chief Financial Officer. Goldman's appointment will take effect on October 22nd.
Goldman served as CFO at his most recent employer, Fortinet, having worked at Siebel Systems, Sybase,...