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Ford to Grow Sales 50% by 2015; GM, Honda Report China Sales for May
From:
Market News Video
on
Wed, Jun 08 2011 1:06 PM
Ford Motor Co. (F) is planning on growing its sales by 50% globally by 2015, to about 8 million vehicles each year, according to several media reports today.
Joy Global Earnings Rise 34%
From:
Market News Video
on
Thu, Jun 02 2011 8:52 PM
Mining equipment maker Joy Global (JOYG) posted a 34% increase in earnings for its fiscal second quarter today, to $162 million, or $1.52 per share, from $120.4 million, or $1.15 per share last year. Sales rose 19%, to $1.1 billion, as demand for the companys products stayed strong.
THQ Slashes Outlook
From:
Market News Video
on
Mon, Jun 14 2010 2:48 PM
Video game maker THQ (THQI) slashed its outlook for its fiscal first quarter and full year 2011 Monday. The company said it is now looking for sales of $155 million to $165 million, translating to a loss of $0.20 to $0.30 per share in the first quarter.
Downgrades: LOW, QSFT
From:
Market News Video
on
Wed, Feb 03 2010 2:07 PM
This morning, Goldman Sachs downgraded shares of Lowe’s (LOW) from Buy to Neutral as the firm does not believe sales and earnings growth will be able to match that of Home Depot (HD). With the downgrade, Goldman maintained its price target of $25 per share and raise the price target of ...
Sales Reports Sink Retailers: GME, ANF, BEBE, JCP, HOTT
From:
Market News Video
on
Thu, Jan 07 2010 3:59 PM
Shares of several retailers were among Thursday’s big losers, after investors were disappointed with holiday sales reports. Falling hardest was video game and entertainment software retailer GameStop (GME), down more than 15% after reporting sales figures and lowering guidance for the q...
Covidien Profit Dips, Company Ups Sales Estimates
From:
Market News Video
on
Tue, Nov 17 2009 12:16 PM
Covidien said its fiscal fourth quarter earnings totaled $56 million, or 11 cents per share, an 86 percent decline as compared to $409 million, or 81 cents per share in the same quarter last year. Adjusted to exclude one-time items, the company would have earned 72 cents per share, beating Wall ...
New Home Sales Drop
From:
Market News Video
on
Wed, Oct 28 2009 5:48 PM
The Commerce Department announced on Wednesday that sales of new US homes dropped 3.6 percent. This represents the first decline since March, and September sales were 7.8 percent lower than a year ago.
Fairchild Semiconductor, Nokia, Crown Holdings Fall After Earnings Reports
From:
Market News Video
on
Thu, Oct 15 2009 1:21 PM
Fairchild Semiconductor (FCS) announced earnings of 2 cents per share for the quarter, down from earnings of 21 cents per shaer in the same quarter last year. Sales plunged 23 percent year over year, but were up 19 percent sequentially.
July Same-Store Sales Slump: COST, AEO, ANF, M, JCP, LTD, GPS, BJ
From:
Market News Video
on
Thu, Aug 06 2009 11:20 AM
Retailers reported same-store sales for July that were mostly stuck in a recession rut. Warehouse store Costco (COST) said same-store sales dropped 7 percent in July, partly due to lower gas prices.
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