Tag Archives: reported

General Electric sees net income drop 18 percent 4Q but still beats estimates

General Electric (NYSE:GE) is trading slightly lower today after the company reported an 18 percent drop in fourth quarter net income. The company said that the recent sale of its stake in NBC Networks led to a drop in revenue …

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What the fuss State Street, Fastenal and Officemax?

In this report: State Street Corp. (NYSE:STT), Fastenal Company (NASDAQ:FAST) and Officemax Inc. (NYSE:OMX).

State Street Corp. (NYSE:STT) is trading over 6 percent lower today after the bank reported its fourth quarter financials. Despite seeing its net income triple during …

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Goldman Sachs rallies after smashing 4Q expectations

Goldman Sach (NYSE:GS) shares have surged after the company reported its fourth quarter financials which showed a return to profits for the investment bank.

The company posted a net income in the fourth quarter of $978 million, or $1.84 per …

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Bank of New York Mellon slips after missing target in 4Q

Bank of New York Mellon Corp. (NYSE:BNY) is trading over 3.7 percent lower today after the company reported a 26 percent drop in fourth quarter net income as restructuring charges and lower revenue from less client activity hurt financials. The …

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Acuity Brands soars after beating expectations in 1Q

Acuity Brands Inc. (NYSE:AYI) is trading over 10 percent higher today after the company reported a 23 percent increase in first quarter profits as sales figures were boosted by higher prices. The result topped Wall Street expectations which led to …

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Friday’s big time losers (EK, PSMT, SNTA)

In this report: PriceSmart (NASDAQ:PSMT), Synta Pharmaceuticals (NASDAQ:SNTA) and Eastman Kodak (NYSE:EK).

PriceSmart (NASDAQ:PSMT) shares tanked by more than 13 percent today after the company reported a 6 percent drop in first quarter net income as increased expenses offset higher …

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