Amgen 2008 Outlook Short of Forecast
Forbes - Biotechnology company Amgen Inc. stated Thursday its fourth-quarter profit topped Wall Street expectations, but it forecast earnings well short of expectations for 2008. The company earned $835 million, or 76 cents per share, compared with profit of
Amgen profit rises, but 2008 outlook shy of Wall Street expectations
Minneapolis Star Tribune - Biotech giant Amgen Inc. reported Thursday its fourth-quarter profits held steady despite government warnings about the safety of its popular anemia drugs, but it forecast earnings well short of expectations for 2008. The company saw a profit of $835
Microsoft profit rises 79 pct, outlook bullish
Reuters - SEATTLE (Reuters) - Microsoft Corp (MSFT.O: Quote , Profile , Research ) signaled confidence to a rattled stock market by raising its full-year profit outlook above Wall Street targets and reporting a 79 percent rise in quarterly profit on Thursday
Tokyo shares outlook - Higher on Wall Street’s sustained gains
Forbes - TOKYO (Thomson Financial) - Japanese shares are expected to open higher on Friday, tracking modest but sustained gains on Wall Street overnight after economic data suggested the job market remains largely intact. The Labor Department said that the
DeVry 2Q net more than doubles, tops Wall Street estimate
CNBC - SAN FRANCISCO (Thomson Financial) - DeVry Inc. late Thursday reported fiscal second-quarter net earnings more than doubled, rising to $35.8 million, or 49 cents a share, and topping the 40-cent mean estimate of analysts polled by Thomson Financial
El Paso sees 2008 earnings below Wall Street view
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NYC sees lower Wall St profits cutting tax revs
Reuters - NEW YORK, Jan 24 (Reuters) - New York City’s tax revenues could drop around $660 million because Wall Street profits have fallen sharply due to the “subprime turmoil/credit crunch,” Mayor Michael Bloomberg said on Thursday. The mayor slashed his
Compuware adjusted 3Q EPS misses Wall Street view, revenue beats
Forbes - NEW YORK (Thomson Financial) - Compuware Corp. reported late Thursday third-quarter adjusted earnings of $38.8 million, or 14 cents a share, missing the mean estimate of analysts polled by Thomson Financial of 18 cents a share. In the same period a
KLA-Tencor 2Q adjusted EPS beats street view; revenue in-line
CNBC - Revenue rose to $636 million, just above Wall Street’s consensus view of $635.5 million. In the same period a year earlier, the company earned $90 million, or 44 cents a share, on revenue of $649 million. Shares of the San Jose-based maker
Amgen earnings, sales beat forecast
CNN Money - NEW YORK (CNNMoney.com) — Biotech Amgen on Thursday reported an increase in earnings and a decrease in sales for the fourth quarter, beating Wall Street’s forecast. Amgen ( AMGN , Fortune 500 ), based in Thousand Oaks, Calif., said its adjusted net
Sun Micro Doubles Profit
Street.Com - SAN FRANCISCO — Sun Microsystems ( JAVA - Cramer’s Take - Stockpickr ) doubled its bottom line in its fiscal second quarter, beating Wall Street expectations by a penny. The Santa Clara, Calif., computer hardware and software vendor said it earned
Microsoft beats the street on Computer growth
CNN Money - Microsoft’s guidance for the coming year matched Wall Street’s view. For the fiscal third quarter, which ends March 31, Microsoft stated it expects to earn 43 to 45 cents per share on $14.3 to $14.6 billion in revenue. For the full year, it forecasts a
Bargain Hunters Might Dial AT&T
Forbes - Bargain shoppers should pick up AT&T ’s signal. Despite providing quarterly results in line with Wall Street’s expectations, shares of the country’s largest telecommunications company fell 3.1%, or $1.13, to $35.56, due to a larger drag on
US: Gold, agricultural futures surge on expected Federal Reserve rate
MSN UK News - US: Gold, agricultural futures surge on expected Federal Reserve rate cut, Wall Street recovery Commodities prices climbed broadly Thursday as expectations of another U.S. interest rate cut and rebounding global
Wall Street Builds on Gains
Street.Com - Wall Street was extending the previous session’s late-day rally Thursday — albeit modestly — amid a torrent of earnings releases and a rebound in foreign markets. The Dow Jones Industrial Average pared early gains but was still adding 23 points to
SunPower stock plunges after 1st-qtr profit outlook falls short of
CNBC - However, SunPower’s fourth-quarter profit report and full-year forecast rose above Wall Street expectations. Cowen and Co. analyst Robert W. Stone said there will be “ample opportunity” for the company to lift its targets. He also noted that its
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