Tag Archives: earnings

Wolverine World Wide puts foot in its during latest quarter

Wolverine World Wide (NYSE:WWW) shares are trading over 2 percent higher today despite the shoemaker reported weaker than expected fourth quarter earnings and issuing a 2012 forecast below Wall Street expectations.

The company posted a fourth quarter profit of $23 …

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Soaring stocks and the reasons why (NFLX, MITI, JCP)

 In this report: Micromet (NASDAQ:MITI), Netflix (NASDAQ:NFLX) and J.C. Penney (NYSE:JCP).

Micromet (NASDAQ:MITI) shares have soared by more than 31 percent today after it was announced that Amgen would par $1.16 billion to buy the company as it trys to …

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Potash Corp. rises despite missing 4Q expectations and issuing lower than expected 2012 guidance

Potash Corp. of Saskatchewan (NYSE:POT) is trading higher today after the company posted a 34 percent rise in fourth quarter net income. The company said that it was able to sell fertilizer at higher prices during the quarter which helped …

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3M rises after posting 4Q results

3M Company (NYSE:MMM) shares rose 1.4 percent after the company posted a 3 percent increase in fourth quarter profit. The company said that home, office and automobile products sold better during the quarter and helped offset a drop in sales …

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Caterpillar smashes expectations in 4Q, predicts strong 2012

Caterpillar (NYSE:CAT) is trading over 3 percent higher today after the company reported a 60 percent rise in fourth quarter profits. The industrial goods maker said that increased demand for new equipment grows as economies in developing markets continues. The …

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AT&T slip after missing expectations in fourth quarter

AT&T (NYSE:T) is trading over 1.9 percent lower today after the company posted a $6.7 billion loss in its fourth quarter after the company was charged for the failed T-Mobile takeover. The company also said that subsidies for people to …

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