revenue

Odyssey Marine Exploration Firms More Than 1.5% on New Deal

Published on Fri, 01/07/2011 - 09:56
By Stephanie Shyu in General Interest, omex, ovh, archaeology, cash, contract, excavation, exploration, marine, odyssey, omex, ovh, payment, revenue, robert fraser
archaeology, cash, contract, excavation, exploration, marine, odyssey, omex, ovh, payment, revenue, robert fraser

Odyssey Marine Exploration (OMEX) says it will provide marine archaeological excavation and related services on an existing project to certain client companies of Robert Fraser & Partners.
The contract provides for cash

By Stephanie Shyu
sshyu@fnno.com

Volterra lowers EPS, revenue guidance for Q4

Published on Fri, 01/07/2011 - 08:34
By Stephanie Shyu in Earnings Lookback, communications, earnings, eps, financial, markets, revenue, server, storage, trade, volterra
communications, earnings, eps, financial, markets, revenue, server, storage, trade, volterra

Volterra lowered its Q4 EPS guidance to 20c-22c vs. previous guidance 24c-31c and consensus 28c. The company cut its Q4 revenue outlook to $35.4M-$35.6B vs. previous guidance $37M-$40M and consensus $38.41M. The company said, "The

By Stephanie Shyu
sshyu@fnno.com

Nordstrom's and Saks Report December Same-Store Sales Up (JWN,SKS)

Published on Thu, 01/06/2011 - 12:19
By Stephanie Shyu in General Interest, jwn, SKS, accessories, apparel, clothing, fifth ave, jewelry, jwn, luxury goods, nordstrom, nyse, retailer, revenue, saks, sales, same store, sks
accessories, apparel, clothing, fifth ave, jewelry, jwn, luxury goods, nordstrom, nyse, retailer, revenue, saks, sales, same store, sks

Both Nordstrom Inc. (NYSE:JWN) and Saks Inc. (NYSE:SKS) reported a year-over-year jump of to their same-store sales on Thursday, for the five-week period that ended January 1, 2011. Nordstrom reported a 8.4% jump, while Saks' sale

By Stephanie Shyu
sshyu@fnno.com

Bank of America To Offer 4 New Account Types Following Regulation To Limit Fees (BAC)

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Bank of America (NYSE:BAC) will give its retail customers the choice of more financial transactions through the company or a monthly fee as pressures mounted from U.S.

By Stephanie Shyu
sshyu@fnno.com

Sector Update: Consumer - December 29, 2010

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Consumer stocks are higher today with Sinclair Broadcast Group (SBGI) threatening to pull 33 of its stations from Time Warner Cable (TWC) systems in 21 markets unless the firms can strike a deal by midnight Friday over fees it can

By FNN Staff
root@fnn-online.com

NGAS Resources inks Deal to be Acquired by Magnum Hunter

Under the terms of the definitive agreement, each common share of the company will be transferred to Magnum Hunter for the right to receive 0.0846 of a share of Magnum Hunter common stock.

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NGAS Resources (NGAS) announced a definitive agreement with Magnum Hunter Resources Corporation (MHR) providing for NGAS Resources to be acquired by Magnum Hunter in an all-stock transaction. NGAS Resources is a British Columbia c

By FNN Staff
root@fnn-online.com

Cal-Maine Tops Q2 Sales Estimates, Misses on Earnings

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Cal-Maine Foods (CALM) reports Q2 sales of $234.5 mln, better than the analyst consensus of $231 mln on Thomson Reuters. EPS was $0.63, vs. expectations of $0.72 per share.

By FNN Staff
root@fnn-online.com

Apple raises Q1 shipment target for the iPhone

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Apple (AAPL) increased its Q1 global shipment goal for the iPhone to 20M-21M units from 19M units, Digitimes reports, citing sources with Taiwan-based component suppliers. The company's goal for WCDMA iPhones has been upped to 14M

By FNN Staff
root@fnn-online.com

FCC Chairman Favors Approval of Comcast-NBC Deal

CMCSA bid/ask gap remains wide so far this morning. GE is down 0.6% at last check.

According to the WSJ, Genachowski wants Comcast to observe ""net neutrality"" rules in giving competitors' videos the same treatment as its own for customers using its Internet service.

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FCC Chairman Julius Genachowski has told the FCC's other commissioners that he supports Comcast's (CMCSA) offer to buy a controlling interest in General Electric's (GE) NBC Universal, subject to certain conditions, the Wall Street

By FNN Staff
root@fnn-online.com

HSBC Terminates Pact with H&R Block to Provide Refund Anticipation Loans

As a result, HSBC will no longer provide RALs or RACs to H&R Block clients.

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H&R Block (HRB) is lower this morning after announcing that as a result of a regulatory directive by the Office of the Comptroller of the Currency (OCC), HSBC has given notice to H&R Block that it is immediately terminatin

By FNN Staff
root@fnn-online.com

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