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Payment Dispute With Etisalat To Be Resolved Soon

15 hours ago ago from Telecom News Bulletin

The government on Monday said Pakistan would resolve its issues with UAE telecom giant Etisalat soon and hoped that by March it would receive $ 800 million in arrears from the firm . At a press conference here , the Minister for Privatisation , Waqar Ahmed Khan, said through value-addition the government would enhance the efficiency and competitiveness of state-owned enterprises to maximise earnings through privatisation. “We want ...

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CVS Net Rises on 90-Day Prescription Sales at Stores (Update1)

23 hours ago ago from All About Work & Financial

CVS Caremark Corp., the largest U.S. distributor of prescription drugs, said fourth-quarter profit climbed 11 percent as consumers purchased more 90-day supplies of medicines at retail locations. The shares gained 2.7 percent in early U.S. trading. Net income rose to $1.05 billion, or 74 cents a share, from $949 million, or 65 cents, a year earlier. Sales gained 7 percent to $25.8 billion, the Woonsocket, Rhode Island-based company said ...

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Look to Large Cap Tech For Ideas In a Continued Slide

23 hours ago ago from tickerspy Newswire

Stocks faded as the day wore on, showing that despite Friday's big reversal, the sentiment is still on the bearish side. The S&P is now -8.1% off its high, nearing closer to the top end of the -10% to -15% correction we previous called for. If the dip continues, we believe big-cap tech is a good place to start looking for new ideas. The Toys and Game Stocks Index was the top performing tickerspy Index on the day, led by Hasbro ( HAS ) ...

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Electronic Arts beats reduced earnings forecasts

1 day ago ago from Genius Impatience

Electronic Arts reported third fiscal quarter results today that were in line with the reduced expectations that analysts had. For the third fiscal quarter ended Dec. 31, EA reported revenue of $1.24 billion, down fromm $1.64 billion a year ago. Net loss was $82 million, compared to a net loss of $641 million a year ago. Loss per share was 25 cents compared to a loss of $2 per share a year ago. On a non-GAAP basis, earnings per share ...

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NYSE Beats on Lower Expenses Analyst Blog

5 hours ago ago from Stock Market News & stocks to watch from StraightStocks

NYSE Euronext, Inc. s ( NYX ) fourth quarter operating earnings per share of 58 cents came in decisively ahead of the Zacks Consensus Estimate of 48 cents. Earnings were also ahead of the 52 cents per share recorded in the year-ago quarter and 53 cents in the prior quarter. Results reflect increasing momentum in the business model and the continuing benefit from the various cost reduction programs, including 14% year-over-year reduction ...

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Gartner's 4Q profit drops 24 percent

4 hours ago ago from U.S. News

Gartner's 4Q profit drops 24 percent STAMFORD, Conn. (AP) -- Gartner Inc. posted a 24 percent drop in fourth-quarter earnings Tuesday, as revenue generated by its information technology research declined. The company, which focuses on the information technology market, earned $25.7 million, or 26 cents per share, compared with $33.6 million, or 35 cents per share, in the same quarter a year ago. The most recent quarter included 2 cents per ...

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EA Shares Down on Lower-Than-Expected Forecast - FOXBusiness.com

21 hours ago ago from FOX Business

Existing users please login User Name: Password: Remember me on this computer Home / Markets / Industries / Entertainment Monday, February 08, 2010 EA Shares Down on Lower-Than-Expected Forecast   By Kathryn Glass FOXBusiness   Despite reporting ...

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Qiagen 4Q profit surges on test sales, buyouts

21 hours ago ago from U.S. News

Qiagen 4Q profit surges on test sales, buyouts NEW YORK (AP) -- Diagnostic products maker Qiagen NV said Monday its fourth-quarter profit nearly doubled on a surge in molecular test sales at businesses it acquired. The company, based in the Netherlands, earned $44.5 million, or 18 cents per share. A year earlier, it earned $24.7 million, or 12 cents per share. Its sales rose 22 percent to $289.1 million from $237.2 million. Excluding ...

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Coca-Cola Net Income Rises 55% - FOXBusiness.com

7 hours ago ago from FOX Business

Existing users please login User Name: Password: Remember me on this computer Home / Markets / Industries / Retail Tuesday, February 09, 2010 Coca-Cola Net Income Rises 55%   By Steve Gelsi MarketWatch Pulse   NEW YORK--The Coca-Cola Co. said ...

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Principal Financial Earning Rise; Results Miss the Street's View - FOXBusiness.com

18 hours ago ago from FOX Business

Existing users please login User Name: Password: Remember me on this computer Home / Markets / Industries / Finance Monday, February 08, 2010 Principal Financial Earning Rise; Results Miss the Street's View   By Kathryn Glass FOXBusiness   Principal ...

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