Market News
Aetna (AET)
Aetna said today that its third-quarter net income climbed 18 percent to $326.2 million, or 73 cents a share, from 277.3 or 58 cents per share. Revenue rose 9% to 8,704.4 million from 7,981.4 million.
Results beat analysts' forecasts.
Oct 29 · 11:03:00 AM · Source: Company News Release
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by Larry Etter
Disney (DIS)
The Walt Disney Company is launching free iPhone and iPod touch applications, giving fans access to Disney content and interactive features anywhere.
Oct 29 · 11:02:00 AM · Source: Reuters
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by Michael Oliveto
Sprint Nextel (S)
Sprint Nextel said its quarterly losse loss grew to $478 million, or 17 cents per share, from $326 million, or 11 cents, a year earlier. Sales fell 8.8 percent to $8.04 billion.
This is a wider loss than expected by analysts.
Oct 29 · 10:57:00 AM
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by Larry Etter
GDP
The U.S. Commerce Department Thursday said the economy expanded at a 3.5 percent annual rate in the July-September period, snapping four down quarters with its fastest growth pace since the third quarter of 2007.
Oct 29 · 10:53:00 AM
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by Larry Etter
GDP
The U.S. Commerce Department Thursday said the economy expanded at a 3.5 percent annual rate in the July-September period, snapping four down quarters with its fastest growth pace since the third quarter of 2007.
Oct 29 · 10:52:00 AM
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by Larry Etter
Exxon Mobil (XOM)
ExxonMobil, the world's largest publicly-traded oil company, reported a profit of $4.73 billion, or 98 cents a share, down from $14.83 billion, or $2.85 a share, a year earlier. The prior year included a net $1.45 billion in gains. The company's revenue fell 40.3% to $82.3 billion.
Analysts had projected earnings of $1.03 a share on revenue of $85.16 billion.
Oct 29 · 10:51:00 AM · Source: Company News Release
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by Larry Etter
Pacific Gas & Electric (PCG)
PG&E today reported third quarter profit of $321 million, or 83 cents a share, up from $307 million, or 83 cents, a year earlier. On a non-GAAP basis, the company earned 93 cents a share compared with 83 cents. Revenue fell 12% to $3.23 billion.
Earnings beat analysts expectations.
Oct 29 · 10:46:00 AM · Source: Company News Release
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by Larry Etter
Brunswick Corporation (BC)
Brunswick--which makes boats, marine motors and other recreational equipment--posted a loss of $114.3 million, or $1.29 a share, compared with a year-earlier loss of $729.1 million, or $8.26 a share. The results included charges of 8 cents and $7.93, respectively. Revenue decreased 36% to $665.8 million.
Oct 29 · 10:43:00 AM · Source: Company News
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by Larry Etter
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