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NovaGold Resources to Acquire Copper Canyon Resources at 41.

Published on Mon, 12/20/2010 - 11:22
By FNN Staff in General Interest, NG, analysis, business, eps, news, novagold, politics, resources, stockmarket, stocks, trading
analysis, business, eps, news, novagold, politics, resources, stockmarket, stocks, trading

NovaGold Resources (NG) said it will acquire Copper Canyon Resources for a 41.8% premium based on the closing price of Copper Canyon common shares and NovaGold common shares on the TSX-V and TSX, respectively, on December 17, 2010

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Duke Realty Inks $967 Million Agreements to Reposition Its P

Published on Mon, 12/20/2010 - 11:11
By FNN Staff in General Interest, DRE, analysis, business, duke, eps, news, politics, realty, stockmarket, stocks, trading
analysis, business, duke, eps, news, politics, realty, stockmarket, stocks, trading

Duke Realty (DRE) said it has inked $967 million in agreements that its says will advance its asset repositioning strategy. The deals consist of the sale of office assets to an existing joint venture with CB Richard Ellis Realty T

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JPMorgan Chase Acquires Former Lehman Brothers London Building as European HQ

Published on Mon, 12/20/2010 - 09:52
By FNN Staff in General Interest, jpm, analysis, business, chase, eps, jpmorgan, news, politics, stockmarket, stocks, trading
analysis, business, chase, eps, jpmorgan, news, politics, stockmarket, stocks, trading

JPMorgan Chase (JPM) is planning to acquire Lehman Brothers former London office as its European headquarters, the company announced this morning. The firm is making the buy for $769 million. Jes Staley, CEO of the investment bank

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Ernst & Young Faces Fraud Charges For Role in Lehman Collapse

Published on Mon, 12/20/2010 - 09:35
By FNN Staff in General Interest, analysis, business, eps, ernst, news, politics, stockmarket, stocks, trading, young
analysis, business, eps, ernst, news, politics, stockmarket, stocks, trading, young

The Wall Street Journal is reporting that civil fraud charges against Big Four accounting firm Ernst & Young for its alleged role in the collapse of Lehman Brothers may come as early as this week. New York State Attorney Gener

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ITT Firms Nearly 2%, Says FY11 Profits Could Rise 7%-12% Vs

Published on Fri, 12/17/2010 - 16:46
By FNN Staff in General Interest, itt, analysis, earnings, eps, financial, itt, market, stock, trading
analysis, earnings, eps, financial, itt, market, stock, trading

ITT (ITT) says its 2011 earnings could rise 7% to 12% over the profit it's expecting for the current year. It forecast 2011 profit of $4.62 to $4.82 per share. That compares with an earnings forecast of $4.28 to $4.32 per share

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Morgan Stanley Raised 2012 EPS Estimate For Discover Financi

Published on Fri, 12/17/2010 - 11:36
By FNN Staff in Analyst reflections, DFS, ms, analyst, card, credit, dfs, discover, eps, financial, morgan, nyse, serives, stanley
analyst, card, credit, dfs, discover, eps, financial, morgan, nyse, serives, stanley

Morgan Stanley raised is 2012 EPS estimate for Discover Financial Services (NYSE:DFS) and maintained its equal-weight rating on the stock, with a $20 price target. Discover Financial Services has a potential upside of 7.6% based o

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Coca Cola Enterprises Affirms 2010 Outlook, Issues 2011 View

Published on Fri, 12/17/2010 - 08:31
By FNN Staff in General Interest, cce, beverage, cce, coca, cola, common, drink, earnings, enterprises, eps, expectations, shares, soda, soft
beverage, cce, coca, cola, common, drink, earnings, enterprises, eps, expectations, shares, soda, soft

Coca Cola Enterprises (CCE) affirms its pro forma 2010 EPS guidance in the range of $1.74 to $1.78 per share. The Street view is $1.79 per share, according to Thomson Reuters. Revenue is expected to be about $7.4 bln, vs. expectat

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Quicksilver Topped Q4 Estimates, Sees Attractive Growth Oppo

Published on Thu, 12/16/2010 - 17:16
By FNN Staff in Earnings Lookback, ZQK, ceo, chairman, dc, earnings, eps, market, mcknight, nyse, president, quicksilver, robert, roxy, shares, stock, street, wall, zqk
quicksilver, nyse, zqk, roxy, dc, earnings, eps, wall, street, shares, stock, market, robert, mcknight, chairman, ceo, president

Quicksilver (NYSE:ZQK) reported Q4 EPS of $0.12, ahead of consensus estimates of $0.07 per share. Revenues for the quarter fell 8% year-over-year to $495.1 million, topping consensus estimates of $486.7 million. Robert B. McKnight

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Research In Motion Reports 40% YoY Q3 Revenue Boost

Published on Thu, 12/16/2010 - 17:13
By FNN Staff in Earnings Lookback, RIMM, analysis, blackberry, earnings, eps, financial, market, research in motion, rimm, stock, trading
analysis, blackberry, earnings, eps, financial, market, research in motion, rimm, stock, trading

Research In Motion Ltd. (NASDAQ:RIMM) posted its fiscal 2011 Q3 financial results Thursday afternoon following the closing bell, reporting a 40% year-over-year revenue boost at $5.49 billion. Net income for the quarter was $911.1

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Accenture Tops With Q1 Results, Raises FY EPS View to Above Street

Published on Thu, 12/16/2010 - 16:49
By FNN Staff in Earnings Lookback, acn, accenture, acn, analysis, earnings, eps, financial, market, stock, trading
accenture, acn, analysis, earnings, eps, financial, market, stock, trading

Accenture (ACN) reports fiscal Q1 EPS of $0.81 compared to $0.14 a year earlier and topping the Thomson Reuters mean analyst estimate for $0.75. Revenues of $6.05 billion are up 12%. The Street looked for $5.75 billion. The comp

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