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Posts Tagged ‘ Earnings ’

Dell Special Committee Asks Carl Icahn For More Details

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May 20, 2013
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Dell Inc. (NASDAQ:DELL) special committee today sent a letter to billionaire investor Carl Icahn and Southeastern Asset Management, asking them to provide more information about their proposal. The special committee said that it won’t engage into talks before it makes sure that their proposal is credible. A week earlier, the committee had asked them for more information about their proposal. Last week, Dell reported yet another disappointing quarterly result. It’s the six consecutive quarterly decline...
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Elliott Pressure on NetApp a Positive: Barclays

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May 17, 2013
TEST6NetApp

NetApp Inc. (NASDAQ:NTAP) is receiving some interest from famous activist hedge fund Elliott Associates. While some companies (and investors) frown upon activists (or at least certain litigious ones) many believe that great value can be unlocked by working with hedge funds to implement changes. Barclays is out with a new report and notes that they believe Elliott’s demands from NetApp are reasonable and positive. Below is a short report out today from the firm on that...
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J.C. Penney Company, Inc. (JCP) Posts First-Quarter Loss

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May 16, 2013
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J.C. Penney Company, Inc. (NYSE:JCP) released its earnings report for the first three months of 2013 this afternoon, Thursday May 16, after the market closed. The company revealed that it had lost $1.31 per share in the first quarter on revenues totaling $2.6 billion. On today’s market, shares in the discount retailer trended down, closing at $18.79. In anticipation of the release of this report, analysts following J.C. Penney Company, Inc. (NYSE:JCP) were looking...
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Dell Inc. (DELL) Q1 Earnings: EPS $0.21, Revenue 14.1B

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May 16, 2013
TEST6Dell Inc

Dell Inc. (NASDAQ:DELL) revealed its earnings report for the first three months of 2013 this afternoon after the market closed. The company showed that it had earned $0.21 per share on revenue of $14.1 billion in the period. On today’s market, stock in the PC manufacturer fell slightly, finishing the day at $13.43 per share. Dell Inc. (DELL) Share Prices Up Anlaysts studying Dell Inc. (NASDAQ:DELL) were looking for the company to show earnings of...
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Cisco Systems, Inc. (CSCO) Stock Jumps 13%

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May 16, 2013
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Cisco Systems, Inc. (NASDAQ:CSCO) surged by almost 13 percent on Thursday after the company’s third quarter earnings performance beat consensus expectations. The company also provided a guidance that meets the estimates of Wall Street analysts. The stock price of the company rose to as much as $24.24 per share in trading earlier today. In afternoon trading, shares of Cisco Systems, Inc. (NASDAQ:CSCO) are trading around $23.84 per share, up by 12.41 percent. Its lowest price...
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Dell Inc. (DELL) Q1 Earnings Preview

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May 16, 2013
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Dell Inc. (NASDAQ:DELL) announced this week that it would move up the date of its latest earnings report to today after the markets closed, and analysts at Goldman Sachs Group, Inc. (NYSE:GS) released a preview report. Of course Dell has been buffeted lately by buyout concerns, first as founder Michael Dell made his offer, and then as a handful of other offers have come in and some even withdrawn. The newest offer that’s still...
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Wal-Mart Stores, Inc. (WMT) Q1 Earnings: Profits Disappoint

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May 16, 2013
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Wal-Mart Stores, Inc. (NYSE:WMT) reported earnings Thursday that just missed the Wall Street expectations, helped by low traffic in US stores resulting in a decline in the retailer’s revenue. Wal-Mart Stores Earnings Details For the first quarter, the retail giant posted adjusted earnings of $1.14 per share compared to $1.09 per share in the prior year-ago period. Revenue for the quarter was up marginally from the $113.02 billion a year ago to $114.19 billion....
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Kohl’s Beats EPS Guidance, Misses Revenue Consensus

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May 16, 2013
TEST6kohls corp

Kohl’s Corporation (NYSE:KSS) announced its earnings before opening bell, coming out ahead of its guidance for the first quarter of the year. The retail chain announced earnings per share of 66 cents, compared to its guidance of between 55 and 63 cents per share. That’s a 5 percent increase from the same quarter a year ago. Sales were reported to be $4.2 billion during the quarter, so the company missed consensus there. Analysts were...
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Cisco Systems, Inc. (CSCO) Earnings Beat Estimates, Shares Up 9%

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May 15, 2013
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Cisco Systems, Inc. (NASDAQ:CSCO) announced its earnings results for the first three months of 2013 this afternoon after the market closed. The firm revealed that it had earned 51 cents per share in the period, on revenues totalling $12.22 billion. On today’s market the company’s shares finished down a fraction, but after the market closed the company’s shares were surging upward. In the run up to this earnings announcement, analysts following the company were looking...
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Apple Inc. (AAPL) App Store Passes 50 Billion Downloads

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May 15, 2013
TEST6apple app store

The Apple Inc. (NASDAQ:AAPL) App Store has passed 50 billion lifetime downloads according to the company’s web site. The App Store launched less than five years ago, and 50 billion downloads represents a phenomenal level of success as Apple Inc. (NASDAQ:AAPL) continues to revolutionize the way we use computers every day. Apple Inc. (NASDAQ:AAPL) was not the first company to think about applications differently, nor was it the first to offer an app store...
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Market News: Google Inc (GOOG), Apple Inc. (AAPL), Macy’s Inc. (M)

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May 15, 2013
TEST6Post Market news

Post Market Update Stocks that were active in the U.S. trading on Wednesday were Google Inc. (NASDAQ:GOOG), Apple Inc. (NASDAQ:AAPL), Macy’s, Inc. (NYSE:M), Vipshop Holdings Ltd. (NYSE:VIPS) and Agilent Technologies Inc. (NYSE:A). Market Levels U.S.: Dow Jones: 15,269.16 (+0.35%), S&P 500: 1,658.77 (+0.51%), Nasdaq: 3,471.62 (+0.26%) World Markets: Shanghai: 2,224.80 (+0.35%), Nikkei 225: 15,096.03 (+2.29%), Hang Seng Index: 23,044.24 (+0.50%), TSEC: 8,318.59 (+0.81%), FTSE 100: 6,693.55 (+0.11%), EURO STOXX 50: 2,809.58 (+0.50%), BSE Sensex: 20,212.96 (+2.49%) Metals: Gold: $1396.20 (-1.99%), Silver: $22.66 (-3.08%), Platinum: $1490.70 (-0.75%) Currency: EUR/USD:...
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