CME Group Profit More Than Doubles After CBOT Deal
CME Group Inc.’s first-quarter net income more than doubled amid last year’s acquisition of the Chicago Board of Trade and surging volumes resulting from recent market volatility. The world’s derivatives exchange reported net income of USD 283.5 000 000, or USD 5.25 a share, compared with USD 130 000 000 a year earlier.
Western Digital Sets Fourth Quarter Earnings, Sales Targets
SAN FRANCISCO — Western Digital Corp. on Thursday said that for its fiscal fourth quarter it expects to earn between 77 cents and 83 cents a share. The computer hard-disk drive maker also forecast revenue in a range of USD 1.825 000 000 000 to USD 1.9 000 000 000 for the quarter. Analysts surveyed […]
Healthways Second-quarter Net Income Rises To 33 Cents
SAN FRANCISCO — Healthways Inc. late Tuesday reported its second-quarter net income rose to USD 12.5 000 000, or 33 cents a share, from USD 11 000 000, or 30 cents a share, in the same period a year ago. Revenue totaled USD 179 000 000, up from USD 160.3 000 000 reported year earlier, […]
Fox Interactive Media Announces Revamp, Said To Miss Goal
LONDON — MySpace.com parent Fox Interactive Media announced an significant restructuring, carving out its advertising technology business as a new unit and announcing the departure of chief revenue officer Michael Barrett. The news comes as Fox Interactive Media, an unit of News Corp. , is likely to miss its fiscal year revenue projections by more […]
USG People Drops On Fourth-quarter Miss, Outlook
LONDON — Shares in USG People dropped 5.2% in early Amsterdam trading after the employment services firm missed fourth-quarter earnings and issued a pessimistic outlook. The company reported that fourth-quarter earnings more than doubled to 35.9 000 000 euros, on revenue growth of 5.5% to 1 000 000 000 euros.
Outstanding Hour interval for Google: Large 1-Day Gain Since Initial offering
SAN FRANCISCO — Google Inc.’s stock soared 20% Friday, restoring USD 28 000 000 000 in shareholder wealth as Wall Street renewed its love affair with the Internet search leader after weeks of worry about an online advertising slowdown.
Driven by stellar first-quarter results that surprised industry analysts, Google (GOOG) shares surged USD 89.
Research In Gesture Profits Surge To USD 412.5 Million
SAN FRANCISCO — Research In Motion Ltd. on Wednesday reported a fiscal fourth-quarter profit of USD 412.5 000 000, or 72 cents a share, compared to earnings of USD 187.4 000 000, or 33 cents a share, a year ago. Revenue more-than-doubled to USD 1.88 000 000 000 from last year’s sales of USD 930.4 […]
DigitalGlobe Iraqi National Congress. Files USD 250 Mln Initial public offering
NEW YORK — DigitalGlobe Inc., a Longmont, Colo. provider of commercial high resolution earth imagery technology, late Monday filed to raise up to USD 250 000 000 in an initial public offering with underwriters Morgan Stanley and Lehman Brothers . The company plans to trade on the New York Stock Exchange under the symbol DGI.
Stock In Focus For Thursday
SAN FRANCISCO — Among the companies whose shares are expected to see active trade in Thursday’s session are Blockbuster, National Semiconductor and Urban Outfitters.
Blockbuster (BBI) , provider of in-home movie and game entertainment, is forecast to report earnings of 17 cents a share in the fourth quarter, according to analysts polled by FactSet Research.
American Oriental Bioengineering’s Quarterly Net Up 39%
WASHINGTON — American Oriental Bioengineering Inc. reported fourth-quarter net income of USD 15.2 000 000, or 20 cents a share, up from USD 10.9 000 000, or 17 cents, earned in the final three months of 2006. Quarterly revenue reached USD 57.3 000 000 from the prior year’s USD 41.3 000 000, the New York-based […]
