Earnings
| 2:52PM 10/17/2012
A report today brings what may be some caution and some optimism for the likes of SanDisk Corporation (NASDAQ: SNDK) and other key flash memory makers. IHS's iSuppli has a report saying that the total flash memory market
JON C. OGG
| 2:16PM 10/17/2012
Internet security providers Check Point Software Technologies Ltd. (NASDAQ: CHKP) and Fortinet Inc. (NASDAQ: FTNT) both reported weaker than expected results for the third quarter and both lowered fourth quarter forecasts. Another competitor, Sourcefire Inc. (NASDAQ: FIRE) is falling just as far...
| 11:18AM 10/17/2012
After markets closed last night, Apollo Group Inc. (NASDAQ: APOL), which owns and operates the University of Phoenix, reported a better-than-expected earnings per share (EPS) of $0.52, but revenues fell 11% compared with the same period a year ago. The worse news, though, was still to come.
Apollo...
| 10:08AM 10/17/2012
Cree Inc. (NASDAQ: CREE) is a bit of a surprise. The LED company is gaining after earnings. After revenue rose 17% to $315.8 million, its earnings rose by 13% to $31.8 million or $0.27 per share on a comparable basis for analysts. This was at the high-end of its target range. Cree's CEO also said...
| 9:21AM 10/17/2012
Bank of America said Wednesday that it narrowly turned a profit from July through September, good enough to beat Wall Street expectations. The bank earned $340 million in the quarter, which works out to a fraction of a penny per share. But financial analysts expected an 11-cent loss.
| 9:02AM 10/17/2012
Abbott Laboratories (NYSE: ABT) said that third-quarter earnings surged, despite a slip in revenue, due to a double-digit decline in expenses.
The health care company posted adjusted earnings per share (EPS) of $1.30 on revenues of $9.77 billion. In the same period a year ago, the company reported...
| 8:15AM 10/17/2012
PepsiCo Inc. (NYSE: PEP) reported fiscal third-quarter results before markets opened this morning. The food and beverage company posted adjusted diluted earnings per share (EPS) of $1.21 on revenues of $16.65 billion. In the same period a year ago, the company reported EPS of $1.25 on revenues of...