Earnings highlights: Goldman Sachs, Lehman Bros., Morgan Stanley, Credit Suisse
Posted by: admin in Stocks NewsFiled under: Earnings reports, Google (GOOG), Adobe Systems (ADBE), FedEx Corp (FDX), Goldman Sachs Group (GS), General Mills (GIS), Morgan Stanley (MS), NIKE, Inc’B’ (NKE), Lehman Br Holdings (LEH)
Here are some highlights from this past week’s earnings coverage from BloggingStocks:
- Adobe Systems Inc. (NASDAQ: ADBE) first-quarter profit soared and it offered an encouraging outlook.
- AgFeed Industries Inc. (NASDAQ: FEED) full-year results were in line with expectations.
- Credit Suisse Group (NYSE: CS) warned that it anticipates a first-quarter loss due to write-downs.
- Discover Financial Services (NYSE: DFS) first-quarter profit plunged on the unloading of Goldfish
- FedEx Corp. (NYSE: FDX) posted lower-that-expected third-quarter earnings on rising fuel prices.
- 4Kids Entertainment Inc. (NYSE: KDE) posted dismal fourth-quarter and full-year results.
- GameStop Corp. (NYSE: GME) posted strong fourth-quarter earnings on Guitar Hero and other games.
- General Mills Inc. (NYSE: GIS) third-quarter profit surged on increased demand for Cheerios, yogurt, etc.
- Goldman Sachs Group Inc. (NYSE: GS) posted better-than-expected first-quarter earnings.
- Lehman Brothers Holdings Inc. (NYSE: LEH) posted better-than-expected first-quarter earnings.
- Lumber Liquidators Inc. (NYSE: LL) beat estimates on infrastructure investments and merchandise variety.
- Morgan Stanley (NYSE: MS) posted better-than-expected first-quarter earnings.
- Nike Inc. (NYSE: NKE) third-quarter profits soared on strong international demand.
- Shuffle Master Inc. (NASDAQ: SHFL) missed expectations for the first quarter.
- Siemens AG (NYSE: SI) lowered its earnings outlook on delays and order cancellations.
Also, Google Inc. (NASDAQ: GOOG) is recession proof? Ted Allrich wonders if there are any safe stocks. Jim Cramer doesn’t anticipate much from tech stocks. And Aaron Katzman looks at the effect of rising grain prices.
Upcoming results to watch for include Walgreen Co. (NYSE: WAG), Tiffany & Co. (NYSE: TIF), Oracle Corp. (NASDAQ: ORCL), ConAgra (NYSE: CAG), and KB Home (NYSE: KBH).
Visit AOL Money & Finance for more earnings coverage.











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