income

Icagen Reported Q2 Revenues Of $1 Million

Published on Wed, 08/10/2011 - 09:20
By FNNO Staff in General Interest, business, ICGN, income, investment, Market, news, shares, stocks, trade, trade business, In The News

P. Kay Wagoner, CEO of Icagen noted, "Subsequent to the end of the second quarter, we were pleased to recently announce Pfizer's agreement to acquire Icagen. We are working towards the completion of this transaction, which we exp

Icagen (NASDAQ:ICGN) reported revenues for the Q2 were $1.0 million, as compared to 2.3 million during the same period in 2010.

By FNNO Staff
fnnonline@gmail.com

Macy's Beats Estimates For Q2

Published on Wed, 08/10/2011 - 09:18
By FNNO Staff in General Interest, business, income, investment, m, Market, news, shares, stocks, trade, trade business, In The News

The company currently expects same-store sales in the second half of fiscal 2011 to be up between 4% and 4.5%, which would result in full-year 2011 same-store sales being up between 4.8% and 5.1%

Terry J. Lundgren, Macy's, Inc. chairman, president and chief executive officer said, "This was our most successful second quarter and spring season in more than a decade.

Macy's (NYSE:M) reported Q2 EPS of $0.55, better than analyst estimates of $0.49 per share. Revenues for the quarter rose 7.3% year-over-year to $5.94 billion, beating consensus estimates of $5.87 billion.

By FNNO Staff
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MakeMyTrip Topped Q2 Estimates, Top Line Up 52%

Published on Wed, 08/10/2011 - 08:13
By FNNO Staff in General Interest, business, income, investment, Market, MMYT, news, shares, stocks, trade, trade business, In The News

The company sees 2012 revenues of $86 to $89 million, vs. consensus estimates of $88.32 million.

Deep Kalra, Chairman and CEO said, "MakeMyTrip was able to maintain strong growth in the quarter despite uncertain global economic conditions.

MakeMyTrip (NASDAQ:MMYT) reported Q1 EPS of $0.04, ahead of consensus estimates of $0.03 per share. Revenues for the quarter rose 51.8% year-over-year to $21.1 million, topping consensus estimates of $20.4 million.

By FNNO Staff
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Plum Creek Timber Reported Mixed Q2 Results, Issued Guidance

Published on Mon, 07/25/2011 - 16:19
By FNNO Staff in General Interest, business, income, investment, Market, news, PCL, shares, stocks, trade, In The News

The company sees 2011 income from continuing operations of $1.15 to $1.30 per share and Q3 income from continuing operations to be between $0.28 and $0.33 per share.

Rick Holley, Plum Creek's president and chief executive officer said, "Good results from our Real Estate segment offset weaker than anticipated results from our timber operations.

Plum Creek Timber (NYSE:PCL) reported Q2 EPS of $0.27, missing consensus estimates of $0.29 per share. Revenues for the quarter were $284.0 million, topping consensus estimates of $278.1 million.

By FNNO Staff
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Anadarko Petroleum Topped Q2 EPS Estimates

Published on Mon, 07/25/2011 - 16:13
By FNNO Staff in Fast Lane, APC, business, income, investment, Market, news, shares, stocks, trade, In The News

Anadarko Chairman and CEO Jim Hackett said, "We achieved record liquids sales volumes during the quarter, enhancing margins and generating excellent cash flows.

Anadarko Petroleum (NYSE:APC) announced Q2 EPS of $1.14, ex-items, ahead of consensus estimates of $0.95 per share. During the quarter, sales volumes totaled 62 million barrels of oil equivalent, or 685,000 BOE per day, averaging

By FNNO Staff
fnnonline@gmail.com

Apple Reaches $400 During Regular Trading

Published on Mon, 07/25/2011 - 15:22
By FNNO Staff in General Interest, AAPL, business, income, investment, Market, news, shares, stocks, trade, In The News

The stock's previous 52-week high prior to Monday was $396.27. The stock has increased progressively throughout the past several years and has reached 21.9% so far this year.

Apple has a potential upside of 25.5% based on a current price of $398.53 and an average consensus analyst price target of $500.24.

Apple (NASDAQ:AAPL) shares reached the $400 mark for the first time today during regular trading today.

By FNNO Staff
fnnonline@gmail.com

UBS Raised Its PT For Caterpillar To $114, Maintained Its Neutral Rating

Published on Mon, 07/25/2011 - 15:18
By FNNO Staff in General Interest, business, CAT, income, investment, Market, news, shares, stocks, trade, In The News

Caterpillar has a potential upside of 23.7% based on a current price of $106.19 and an average consensus analyst price target of $131.31.

Caterpillar should find initial support at its 50-day moving average (MA) of $103.74 and further support at its 200-day MA of $98.01.

UBS raised its price target for Caterpillar (NYSE:CAT) to $114 from $104 and maintained its neutral rating on the stock.

By FNNO Staff
fnnonline@gmail.com

UBS Raised Its PT For Clorox To $75, Maintained Its Neutral

Published on Mon, 07/25/2011 - 15:12
By FNNO Staff in General Interest, business, CLX, income, investment, Market, news, shares, stocks, trade, In The News

Clorox is currently above its 50-day moving average (MA) of $69.09 and above its 200-day of $66.81.

In the last five trading sessions, the 50-day MA has climbed 0.67% while the 200-day MA has risen 0.26%.

UBS raised its price target for Clorox (NYSE:CLX) to $75 from $74 and maintained its neutral rating on the stock.

By FNNO Staff
fnnonline@gmail.com

Exxon Mobil's Marine Affiliate Announces Plan For Two New Tankers

Published on Mon, 07/25/2011 - 14:22
By FNNO Staff in General Interest, business, income, investment, Market, news, shares, stocks, trade, XOM, In The News

The vessels will be used to transport Alaska North Sloe crude oil from Prince William Sound, Alaska to U.S. West Coast destinations.

Exxon Mobil (NYSE:XOM) U.S. marine affiliate, SeaRiver Maritime, signed a letter of intetn with Aker Philadelphia Shipyard for the construction of two U.S. flag, crude, oil tankers in partnership with Samsung Heavy Industries.

By FNNO Staff
fnnonline@gmail.com

General Dynamics Buys Fortress Technologies

Published on Mon, 07/25/2011 - 14:19
By FNNO Staff in General Interest, business, GD, income, investment, Market, news, shares, stocks, trade, In The News

Specific financial terms of cash weren't disclosed, but General Dynamics said it expects the acquisition to boost its profits starting next year.

The company will be controlled by General Dynamics C4 Systems, which is designs and manufactures communications systems, command and control systems and operational hardware for the U.S.

General Dynamics Corp. (NYSE:GD), defense and aerospace contractor, said Monday that it completed its purchase of Fortress Technologies Inc., which provides secure wireless networking equipment for the U.S. military and other gove

By FNNO Staff
fnnonline@gmail.com

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