Author Archives: Geoff Noir

Goldman Sachs (NYSE:GS) Staying Upbeat on S&P 500, Home Depot Inc. (NYSE:HD) Q1 Rises-GS, HD

businessHome Depot Inc. (NYSE:HD) on Tuesday announced an 18.5% increase in first-quarter earnings to $1.2 billion, or 83 cents per share, as compared to $1 billion, or 68 cents per share, in the similar phase a year ago.

Net sales …

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Best Buy Co. Inc. (NYSE:BBY) and AutoZone Inc.’s (NYSE:AZO) logs Bubbly Earnings

business 6Best Buy Co. Inc. (NYSE:BBY) reported that it jumped to a loss of $81 million, or 24 cents per share, in its fiscal 2014 first quarter as compared to a year-ago profit of $158 million, or 46 cents per share.…

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Saks Inc. (NYSE:SKS) Q1 Profit Slips, Medtronic Inc.’s (NYSE:MDT) Q4 in Red-MDT, SKS

business 7Medtronic Inc.’s (NYSE:MDT) reported that its fiscal fourth-quarter earnings declined 2.2% as restructuring costs offset the medical-devices firm’s enhanced revenue and margins.

For the quarter concluded on April 26, Medtronic declared a profit of $969 million, which was lower as …

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Vodafone (NASDAQ:VOD) Subsidiary Vodacom Sees Profit, General Electric (NYSE:GE) Getting Payment from GE Capital

capital goodsGE Capital Corp. intends to pay parent General Electric Co. (NYSE:GE) $6.5 billion in dividends and further $4.5 billion in special dividends in 2013, GE declared on Monday.

The payments, which are conditional on GECC Board and GE Board Risk …

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Campbell Soup Co. (NYSE:CPB) 3Q Profit Surges, Chesapeake Energy (NYSE:CHK) Taps Lawler New Chief

technology 4Campbell Soup Co. (NYSE:CPB) declared its third-quarter profit jumped up to $181 million, or 57 cents per share, as compared to $177 million, or 55 cents per share, a year ago.

Revised earnings per share came at 62 cents per …

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Actavis Inc. (NYSE:ACT) Plans to Buy Warner Chilcott (NASDAQ:WCRX) in Swap Deal

business 6Actavis Inc. (NYSE:ACT) would purchase Warner Chilcott (NASDAQ:WCRX) in a stock swap that prices the specialty pharmaceutical company at $8.5 billion, the firms declared Monday.

According to the terms of the agreement, Warner Chilcott stockholders would get 0.16 shares of …

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