Tag Archives: business

Coach rises after topping expectations in 2Q

Posted on January 24, 2012 by Cameron White

Luxury retailer Coach (NYSE:COH) is trading over 6 percent higher today after it reported a 15 percent rise in second quarter net income due to strong demand for its luxury handbags.

For the three months which ended on December 31st …

Posted in Latest Headlines, Services | Tagged analyst, business, coasch, COH, customer, demand, economic, expectations, handbags, luxury, net income, NYSE, NYSE:COH, profits, quarter, retailer, revenue, sales, share, shoppers, trading, Wall Street | Comments Off

Rimage sinks after cutting outlook for 4Q

Posted on January 23, 2012 by Josie Middleton

Rimage Corp. (NASDAQ:RIMG) shares have dropped by more than 10 percent today after the company lowered its forecast for the fourth quarter due to higher than expected expenses from its video production company Qumu.

The company said that it now …

Posted in Main Post, Technology | Tagged adjusted, business, company, earnings, expenses, fiscal, forecast, NASDAQ:RIMG, production, quarter, Qumu, revenue, Rimage, RIMG, shares | Comments Off

Halliburton sees spike in profit during 4Q

Posted on January 23, 2012 by Martin Timble

Halliburton (NYSE:HAL) is trading over 2.8 percent lower today after the company reported its fourth quarter financials. The company said net income rose by nearly 50 percent due to higher oil prices which increased demand for drilling services.

For the …

Posted in Main Post, Services | Tagged business, demand, drilling, earned, earnings, financials, fiscal, HAL, Halliburton, net income, NYSE, NYSE:HAL, Oil, quarter, revenue, shale, trading | Comments Off

FFIV, CATM, TWI, KEX, KSL stock with unusual volume

Posted on January 19, 2012 by Martin Timble

Some of the following stocks have traded unusually higher amounts of volume during today’s session:

F5 Networks Inc. (NASDAQ:FFIV) is seeing a 278% change increase in volume today with a 11 percent jump in stock price. The company reported a …

Posted in Latest Headlines, Reports | Tagged 52 week high, Analysts, business, Buy, capital, Cardtronics, Carlisle Companies, CATM, company, F5 Networks Inc., FFIV, forecast, investors, KEX, Kirby Corporation, KSL, NASDAQ, NASDAQ:CATM, NASDAQ:FFIV, NYSE:KEX, NYSE:KSL, NYSE:TWI, profits, quarter, rating, Titan International, TWI, volume | Comments Off

Eastman Kodak plummets after announcing bankruptcy

Posted on January 19, 2012 by Josie Middleton

Eastman Kodak (NYSE:EK) today announced that it has filed for Chapter 11 bankruptcy protection after securing $950 million in financing from Citigroup.

The 132 year old photography pioneer will use the filing to try and boost its cash position through …

Posted in Main Post, Technology | Tagged Analysts, Antonio Perez, bankruptcy, business, CEO, Chapter 11, company, demands, Eastman Kodak, EK, inkjet printers, NYSE, NYSE:EK, patents, profitable, restructure, rumored, technology | Comments Off

Bank of America returns to profit despite investment banking losses and litigation expenses

Posted on January 19, 2012 by Josie Middleton

Bank of America (NYSE:BAC) is trading nearly 5 percent higher today after the company returned to a fourth quarter profit amidst large legal expenses related to mortgages and losses from its investment banking business. The bank was able to offset …

Posted in Financial, Main Post | Tagged Analysts, BAC, Bank, Bank of America, bond, business, company, debt, investment, lawsuits, losses, market, mortgages, net income, NYSE, NYSE:BAC, profit, quarter, revenue, share, stock, trading, Wall Street | Comments Off

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