Flat Shipments Hurt Dell Despite Increased Earnings (NewsFactor) NewsFactor - Dell's earnings are up and expectations are solid, but the company's stock still took a hit Friday afternoon after analysts signaled the company isn't playing a key role in the PC market recovery. Dell's shipments were flat in the third quarter and down five percent from the year-ago period despite improvements in the large-enterprise ...... D.R. Horton sees 26 perecent spike in 4Q orders (AP)
Verigy shares rise on better-than-expected 4Q (AP) AP - Shares of Verigy Ltd. rose Friday after the maker of chip testing equipment turned in a stronger-than-expected performance in the fourth quarter. Earnings Preview: Hormel Foods Corp. (AP) AP - Hormel Foods Corp. reports results for its fiscal fourth quarter on Tuesday before the market opens. The following is a summary of key developments and analyst opinion related to the period. Earnings Preview: Tyson Foods Inc. (AP) AP - Tyson Foods Inc., the world's largest meat producer, is scheduled to report results for its fiscal fourth quarter on Monday before the market opens. The following is a summary of key developments and analyst opinion related to the period. Griffon Corp. turns 4th-qtr profit of $12.4M (AP) AP - Griffon Corp., a communications and electronic information, building products and specialty plastics business, said it posted a fiscal fourth-quarter profit of $12.4 million, compared to a year-ago loss, even as sales fell 7 percent. Met-Pro 3Q profit plunges as markets remain weak (AP) AP - Met-Pro Corp., which makes pollution control technologies, said Friday its third-quarter profit plunged two-thirds on weak markets, surprising Wall Street. Dell's profit, stock drop on weak quarterly report (AP)
America's Car-Mart fiscal 2Q profit rises (AP) AP - Auto retailer America's Car-Mart Inc. reported on Friday a 61 percent higher fiscal second-quarter profit, as consumers turned to the used car market amid tighter credit restrictions. You can save this news page by submitting it to your favorite sites:
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AP - J.M. Smucker Co. nearly tripled its profit in the second quarter as the addition of Folgers coffee gave a jolt to its lineup and lower commodity prices for coffee beans and other items fattened its profit margins.
AP - Homebuilder D.R. Horton Inc., saw new home orders spike 26 percent from a year ago in the latest quarter as buyers raced to close deals and take advantage of a federal tax credit. But a wider-than-anticipated loss fueled by write-downs sent shares tumbling more than 15 percent Friday.
AP - Some of the computer industry's biggest players — such as IBM Corp., Intel Corp. and Hewlett-Packard Co. — have wowed Wall Street this fall with stronger-than-expected profits.
