Company News for July 27, 2011 - Corporate Summary
July 27 2011 - 5:10AM
Zacks
• Ford (NYSE:F) reported Q2
EPS of $0.65, ex-items, exceeding the Zacks Consensus Estimate of
$0.60 per share. Revenues from the auto sector rose 16.3%
year-over-year to $33.5 billion, beating the Zacks Consensus
Estimate of $31.8 billion
• Amazon.com (NASDAQ:AMZN) reported Q2 EPS of
$0.41 per share, beating the Zacks Consensus Estimate for $0.37.
Net sales for the quarter increased 51% year over year to $9.91
billion, above the Zacks Consensus Estimate for $9.37 billion
• Sanmina-SCI Corp.'s (NASDAQ:SANM) share prices
rocketed 21.37% after the electronics contract manufacturer posted
its third-quarter earnings results which exceeded the Street's
expectations
• Analysts at Citi (NYSE:C) upgraded shares of
optical networking equipment maker Finisar Corporation
(NASDAQ:FNSR) from "Hold" rating to "Buy" rating
• U.S.-listed share prices of Chinese search
engine Baidu.com, Inc. (NASDAQ:BIDU) gained 5% after the company's
third quarter sales came in above expectations
• Shares of Lexmark International, Inc.
(NYSE:LXK) surged 17.65% after the manufacturer of printers posted
its second quarter earnings figures topping market estimates
• Electric retailer RadioShack Corp. (NYSE:RSH)
announced that it would offer products and services from Verizon
Wireless starting mid-September. Following this development, shares
of the company gained 19.86% to close at $15.69
• ACI Worldwide Inc (NASDAQ:ACIW) announced its
plans to buy financial services software provider S1 Corp.
(NASDAQ:SONE) for $540 million in cash and stock. ACI Worldwide is
a provider of payment software
• Hershey Foods (NYSE:HSY) reported Q2 EPS of
$0.56, ex-items, marginally above the Zacks Consensus Estimate of
$0.55 per share. Revenues rose 7.5% year-over-year to $1.32
billion
• Jacobs Engineering Group (NYSE:JEC) reported Q3
EPS of $0.71, marginally higher than the Zacks Consensus Estimate
of $0.70 per share. Revenues for the quarter rose 9.4%
year-over-year to $2.74 billion
• Weatherford (NYSE:WFT) reported Q2 EPS of
$0.17, above the Zacks Consensus Estimate of $0.15 per share.
Revenues for the quarter rose 25.2% year-over-year to $3.05
billion, beating the Zacks Consensus Estimate of $2.898
billion
ACI WORLDWIDE (ACIW): Free Stock Analysis Report
AMAZON.COM INC (AMZN): Free Stock Analysis Report
BAIDU INC (BIDU): Free Stock Analysis Report
CITIGROUP INC (C): Free Stock Analysis Report
FORD MOTOR CO (F): Free Stock Analysis Report
FINISAR CORP (FNSR): Free Stock Analysis Report
HERSHEY CO/THE (HSY): Free Stock Analysis Report
JACOBS ENGIN GR (JEC): Free Stock Analysis Report
LEXMARK INTL (LXK): Free Stock Analysis Report
RADIOSHACK CORP (RSH): Free Stock Analysis Report
SANMINA-SCI CP (SANM): Free Stock Analysis Report
S1 CORPORATION (SONE): Free Stock Analysis Report
WEATHERFORD INT (WFT): Free Stock Analysis Report
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