For 2011, the company expects revenue of about $110 mln, vs. the Street view of $99 mln. The company expects to report at least breakeven earnings on a GAAP basis. The Street stands at $0.07 per share.
Santarus (SNTS) reports Q4 revenue of $25.9 mln, well ahead of the analyst consensus of $18 mln on Thomson Reuters. Loss for the quarter was $0.03, better than expectations of a loss of $0.28 per share, if comparable.
On the call side, Staples is seeing over 8 times the normal amount of
calls today following their quarterly earnings report this morning. AmBev shares are
also seeing a large amount of calls today, over 8.4 times the a
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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.
Polo Ralph Lauren (RL) posted net income of $168 million, or $1.72 per diluted share, for the third quarter of fiscal 2011, versus net income of $111 million, or $1.10 per diluted share, for the same period in fiscal 2010. The Str
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.
Morgan Stanley lowered its 2011 and 2012 EPS estimates for DuPont (NYSE:DD) and maintained its equal-weight rating and $56 price target. The bank sees 2011 EPS of $3.65, down from $3.71 per share, and 2012 EPS of $4.03, down from
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,...