Tag Archives: profit

Schlumberger posts 36 percent increase in 4Q profits, tops expectations

Posted on January 20, 2012 by Martin Timble

Schlumberger (NYSE:SLB) is trading slightly higher today after the company posted a 36 percent increase in fourth quarter net income. The company said that the large increase in quarterly profit came on strong land based work in the Middle East …

Posted in Energy, Main Post | Tagged analyst, company, earnings, expectations, net income, NYSE, NYSE:SLB, oilfield, profit, quarter, revenue, Schlumberger, share, SLB, trading | Comments Off

Sinking stocks: Sealy Corp, North American Tankers and Johnson Controls

Posted on January 19, 2012 by Martin Timble

In this report: Sealy Corporation (NYSE:ZZ), North American Tankers Limited (NYSE:NAT) and Johnson Controls (NYSE:JCI).

Sealy Corporation (NYSE:ZZ) is trading over 21 percent lower today after the company received a downgrade following its wider than expected fourth quarter loss. The …

Posted in Latest Headlines, Reports | Tagged analyst, downgrade, forecast, fund, JCI, Johnson Controls, loss, NAT, net proceeds, North American Tankers Limited, NYSE, NYSE:JCI, NYSE:NAT, NYSE:ZZ, profit, public offering, qall street, quarter, report, revenue, Sealy Corporation, trading, ZZ | Comments Off

Morgan Stanley paves way for the future after posting quarterly loss

Posted on January 19, 2012 by Martin Timble

Morgan Stanley (NYSE:MS) is trading over 4.5 percent higher today after the company posted a smaller than expected fourth quarter loss. The investment bank was still able to top analyst expectations despite posted a loss of $275 million, or 15 …

Posted in Financial, Main Post | Tagged analyst, CEO, company, expectations, insurer, investment bank, James Gorman, MBIA, Morgan Stanley, mortgage, MS, NYSE, NYSE:MS, profit, quarter, revenue, Securities, shareholders, trading, Wall Street | 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

Soaring stocks and the reasons why (WFR, MU, FCS)

Posted on January 18, 2012 by Josie Middleton

In this report: MEMC Electronic Materials (NYSE:WFR), Micron Technology (NYSE:MU) and Fairchild Semiconductor International (NYSE:FCS).

MEMC Electronic Materials (NYSE:MEMC) shares jumped over 6.5 percent today despite cutting its outlook for the fourth quarter. The company said that it now expects …

Posted in Latest Headlines, Reports | Tagged Analysts, business, capital, creditor, DRAM, earnings, Elpida Memory, expect, Fairchild Semiconductor International, FCS, forecast, Linear Technologies, MEMC Electronic Materials, Micron Technology, MU, NYSE, NYSE:FCS, NYSE:MU, NYSE:WFR, outlook, profit, quarter, restructuring, revenue, Semiconductor, shares, stocks, wall street journal, WFR | Comments Off

Big time losers and the reasons why (KUTV, COOL, GEN)

Posted on January 18, 2012 by Martin Timble

In this report: Ku6 Media (NASDAQ:KUTV), Majesco Entertainment Company (NASDAQ:COOL) and GenOn Energy (NYSE:GEN).

Ku6 Media (NASDAQ:KUTV) shares are seeing a correction today after rallying by more than 136 percent on Tuesday. The surge came after the company announced that …

Posted in Latest Headlines, Reports | Tagged adjusted, Analysts, Coal, company, COOL, costs, CSAPR, downgrade, firm, fiscal, forecast, GEN, GenOn Energy, Google, Ku6 Media, KUTV, Majesco Entertainment Company, NASDAQ, NASDAQ:COOL, NASDAQ:KUTV, NYSE, NYSE:GEN, operating, price target, profit, quarter, report, results, revenue, sell, shares, UBS, youtube | Comments Off

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