Earnings highlights: Walmart, Google, Intel, P&G, Sirius, Blackstone and oth
Posted by: admin in Stocks NewsFiled under: Earnings reports, Google (GOOG), Wal-Mart (WMT), Intel (INTC), Sirius Satellite Radio (SIRI), Applied Materials (AMAT), Procter and Gamble (PG), Kohl’s Corp (KSS), Abercrombie and Fitch (ANF), Cypress Semiconductor (CY), Nordstrom, Inc (JWN), Crocs Inc (CROX), Blackstone Group L.P (BX)
Here are some highlights from this past week’s earnings coverage from BloggingStocks:
- Abercrombie & Fitch Co. (NYSE: ANF) reported lower quarterly profits and cut its full-year outlook.
- Applied Materials Inc. (NASDAQ: AMAT) beat Q4 earnings expectations but revenues tumbled.
- Blackstone Group (NYSE: BX) reported a large loss in Q3, like many other private equity firms.
- Crocs Inc. (NASDAQ: CROX) posted a deeper-than-estimated Q3 net loss due to restructuring costs.
- Cypress Semiconductor Corp. (NYSE: CY) warned that it expects to swing to a net loss in Q4.
- Google Inc. (NASDAQ: GOOG) fell to a three-year-low despite expected growth in profits and revenues.
- Intel Corp. (NASDAQ: INTC) lowered its revenue forecast for Q4, which was bad news for PC makers.
- Kohl’s Corp. (NYSE: KSS) beat low earnings expectations by a penny as same-store sales declined.
- Lions Gate Entertainment Corp. (NYSE: LGF) narrowed its net loss in Q2 but fell short of estimates.
- Nordstrom Inc. (NYSE: JWN) said its Q3 profit tumbled as its same-store-sales declined.
- Orbitz Wordlwide Inc. (NYSE: OWW) reported a wider net loss, which led to a analyst’s downgrade.
- Procter & Gamble Co. (NYSE: PG) raised its forecasts after finalizing the sale of Folgers brand.
- Sirius XM Radio Inc. (NASDAQ: SIRI) halved its Q3 net loss and revenues and subscriber numbers rose.
- TJX Companies Inc. (NYSE: TJX) reported a Q3 earnings decline and offered a cautious outlook.
- Tyco International Ltd. (NYSE: TYC) posted better-than-expected profits but warned of softness ahead.
- Walmart Stores Inc. (NYSE: WMT) beat analyst estimates for Q3 and warned of a profit squeeze.
Continue reading Earnings highlights: Walmart, Google, Intel, P&G, Sirius, Blackstone and others
Earnings highlights: Walmart, Google, Intel, P&G, Sirius, Blackstone and others originally appeared on BloggingStocks on Sat, 15 Nov 2008 11:40:00 EST. Please see our terms for use of feeds.











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