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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 ...
Related contentATC 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 ...
Related contentPrincipal 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 ...
Related contentBiogen 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 ...
Related contentWarner 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 ...
Related contentCerner 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 ) ...
Related contentADC 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 ...
Related contentCognizant 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 ...
Related contentCognizant 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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