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Disney Profit Tops Estimates on TV Gains, Theme Parks (Update1)

6 hours ago ago from All About Work & Financial

Walt Disney Co., the world’s biggest media company, reported fiscal first-quarter profit that beat analysts’ estimates as TV revenue rose and theme-park results stabilized. Net income totaled $844 million, or 44 cents a share, compared with $845 million, or 45 cents, a year earlier, when a gain on the sale of TV stations boosted results, Burbank, California-based Disney said today in a statement. Theme-park revenue was flat, a sign ...

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AMGN, LNC, ATML, BIIB, ANR, TAP, IACI, ACM Stk Future Up Before the Bell

22 hours ago ago from World, National, Sports, Science & Business News

February 09, 2010 By: Gaurav Singh Category: Business U.S. stock futures advanced Tuesday, a day after the Dow Jones Industrial Average finished below the 10,000 mark for the first time since early November. With investors encouraged by signs the EU could bail out Greece, bargain hunters searched for deals following the selloff. S&P 500 futures rose 9.5 points to 1065.40 and Nasdaq 100 futures added 16.5 points to 1751. Futures on ...

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India, China sales boost Coca-Cola profits

10 hours ago ago from Way2Online

India and China accounted for much of the three percent growth in the worldwide sales for Coca-Cola in 2009. Releasing its annual and fourth-quarter results Tuesday, the world's largest beverage maker reported a profit of $6.82 billion up 17 percent from $5.81 billion posted in 2008. Coca-Cola said the emerging India and China lifted its volume of unit sales by three percent in the whole year and as much as five percent in the ...

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Vitesse Reports First Quarter Fiscal Year 2010 Results

9 hours ago ago from The Long Beach 10 - Top Ten Lists of the Best Restaurants, Businesses, Services, and Everything Else You Can Imagine in Long Beach, CA

CAMARILLO, Calif. (BUSINESS WIRE) Vitesse Semiconductor Corporation (Pink Sheets: VTSS), a leading provider of advanced IC solutions for Carrier and Enterprise networks, today reported its financial results for the first quarter of fiscal year 2010, ended December 31, 2009. First Quarter Operating and Financial Highlights Reported net revenues of $41.7 million in the first quarter of fiscal year 2010, compared with $49.8 million in the first ...

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Coke profits soar to $6.8 bn riding India, China sales

13 hours ago ago from Gaea Times (by Simple Thoughts) Breaking News and incisive views 24/7

NEW YORK - India and China accounted for much of the three percent growth in the worldwide sales for Coca-Cola in 2009 with its profits soaring to $6.82 billion - up 17 percent from $5.81 billion posted in 2008. Releasing its annual and fourth-quarter results Tuesday, the world's largest beverage maker said emerging India and China lifted its volume of unit sales by three percent in the whole year and as much as five percent in the ...

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Stocks In Focus For Wednesday - FOXBusiness.com

11 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 Stocks In Focus For Wednesday   By MarketWatch MarketWatch   SAN FRANCISCO -- Among the companies whose ...

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The Mouse is in the House - MarketBeat - WSJ

15 hours ago ago from Wall Street Journal

By Matt Phillips Disney shares are up after the close, as the company beat expectations for its fiscal first quarter on both the top and the bottom lines. Dow Jones Newswires' Kathy Shwiff reports: Walt Disney Co.'s fiscal first-quarter profit was little changed despite bigger profits in the film studio and television operations as charges and gains skewed comparisons. Shares rose 1.8% to $30.39 in after-hours trading as the media giant ...

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Gartner's 4Q profit drops 24 percent

21 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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Cognizant 4Q earnings jump 28 percent

23 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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Discovery posts jump in 4Q earnings

39 minutes ago ago from U.S. News

Discovery posts jump in 4Q earnings SILVER SPRING, Md. (AP) -- Discovery Communications Inc. posted a 46 percent jump in fourth-quarter earnings Wednesday, taking in more money from the cable providers that run its channels as well as advertising. Discovery, which operates the Discovery Channel, TLC and Animal Planet, said it earned $155 million, or 36 cents per share, in the quarter ended Dec. 31. That's up from $106 million, or 25 cents ...

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