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Veeco Instruments turns profit in 4Q; shares jump (AP)

2 hours ago ago from Market News

PLAINVIEW, N.Y. (AP) Shares of Veeco Instruments jumped almost 10 percent on Tuesday, a day after the maker of precision manufacturing equipment posted better-than-expected fourth-quarter profits. Shares jumped 9 percent to $33.81. The company said late Monday it reversed a year-ago loss and made $18.7 million, or 50 cents per share, in the quarter ended Dec. 31. It attributed the results to better sales, especially from LED and ...

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ATC Technology reports 4th-quarter profit, sales slip 1 percent

1 hour, 39 minutes ago ago from Gaea Times (by Simple Thoughts) Breaking News and incisive views 24/7

ATC Technology posts 4Q profit sales nearly flat DOWNERS GROVE, Ill. — Vehicle remanufacturing and logistics company ATC Technology Corp. posted a fourth-quarter profit Tuesday, reversing a year-ago loss weighed by an impairment charge and other expenses. The company earned $7.7 million, or 38 cents per share, after a loss of $52.9 million, or $2.66 per share, in the same period a year earlier. Last year's results ...

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Principal Financial Misses « Zacks Investment Research »

5 hours ago ago from Daily Markets

Principal Financial Group’s ( PFG ) fourth quarter earnings of $200.9 million or 62 cents a share missed the Zacks Consensus Estimate of 65 cents. The company had earned $179.0 million or 69 cents in the year-ago quarter. The miss was driven by lower-than-expected revenue. Also, the reported quarter had more shares outstanding due to the company’s common stock offering in May 2009. Including the realized capital losses, Principal reported ...

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Biogen Beats & Guides Higher « Zacks Investment Research »

3 hours ago ago from Daily Markets

Biogen Idec Inc. ( BIIB ) reported fourth quarter earnings per share of $1.18, beating the Zacks Consensus Estimate of $1.05. The company reported earnings of 91 cents in the year-ago period. Performance was driven by higher revenues and lower expenses. Revenues increased 5% to $1.1 billion, with Tysabri and Avonex being the primary growth drivers. For the full year, the company reported earnings of $4.03, well above the Zacks Consensus ...

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Warner Music Group CEO Talks Amazon, iTunes and Recession

3 hours ago ago from Digital Trends

CEO Edgar Bronfman Jr. explains how the e-book fracas could help the music industry. The head of Warner Music Group expressed hope on Tuesday that the recent over the price of e-books would help give content creators such as his company more pricing power over device makers. CEO Edgar Bronfman Jr. made the comments as the No. 3 recording company reported a net loss for its fiscal first quarter, as a slight uptick in digital revenue ...

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Stocks In Focus For Tuesday - FOXBusiness.com

22 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 Stocks In Focus For Tuesday   By MarketWatch MarketWatch   SAN FRANCISCO -- Among the companies whose ...

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Cerner Corp 4Q Beats Street; 2010 View In-Line - FOXBusiness.com

1 hour, 11 minutes ago ago from FOX Business

Existing users please login User Name: Password: Remember me on this computer Home / Markets / Industries / Health Care Tuesday, February 09, 2010 Cerner Corp 4Q Beats Street; 2010 View In-Line   By Kathryn Glass FOXBusiness   Cerner Corp. ( CERN ) ...

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ADC shares rise on narrowed 1Q loss, upgrade

5 hours ago ago from U.S. News

ADC shares rise on narrowed 1Q loss, upgrade PHILADELPHIA (AP) -- Shares of ADC Telecommunications Inc. rose Tuesday after the networking equipment maker reported a narrower quarterly loss and an analyst upgraded the company, predicting sales growth will resume later this year. Late Monday, ADC reported a fiscal first-quarter net loss of $11.2 million, or 11 cents per share, compared with a loss of $49.7 million, or 47 cents per share, in ...

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Cognizant 4Q earnings jump 28 percent

10 hours ago ago from U.S. News

Cognizant 4Q earnings jump 28 percent TEANECK, N.J. (AP) -- Cognizant Technology posted surprisingly large numbers for profit and revenue Tuesday and topped the fourth-quarter report with a 2010 outlook that exceeded most expectations as technology spending rebounds. Company shares rose $1.74, or 4 percent, to $45.48 in premarket trading. Cognizant Technology Solutions Corp., which provides information technology outsourcing for other ...

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Cognizant Profit Grows 28% - FOXBusiness.com

13 hours ago ago from FOX Business

Existing users please login User Name: Password: Remember me on this computer Home / Markets / Industries / Technology Tuesday, February 09, 2010 Cognizant Profit Grows 28%   By Simon Kennedy MarketWatch Pulse   LONDON -- Cognizant Technology ...

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