f-h Oni BW sb & Friends-TTT, Montach 18.10.04
Updates, advisories and surprises - UPDATE 18 18.10.2004 22:31 Zurück Headlines
LeapFrog warns for Q3, 2004 (4:27 PM ET) SAN FRANCISCO (AFX) -- LeapFrog
Enterprises said after the bell Monday that it expects to report lower earnings
and sales for the third quarter and 2004. For the third quarter, LeapFrog
expects revenue of $225 million to $230 million while for the year, sales should
be in a range of $680 million to $710 million. Per-share profit for the quarter
will be in a range of 32 cents to 34 cents while 2004 earnings will be in a
range of 40 cents to 60 cents a share.
IBM reports $1.8 billion Q3 profit (4:24 PM ET) SAN FRANCISCO (AFX) --
IBM on Monday reported a third-quarter profit from continuing operations of $1.8
billion, or $1.06 a share, on revenue of $23.4 billion. Those results included a
charge of $320 million, or 11 cents a share to resolve a pension dispute.
Excluding that charge, IBM said earnings from continuing operations totaled $2
billion, or $1.17 a share. Analysts surveyed by Thomson First Call expected a
profit of $1.14 a share on revenue of $23.4 billion. IBM said its Global
Services division booked $10 billion in orders during the quarter.
CheckFree moves into Q1 profit as sales rise 26% (4:22 PM ET) LOS
ANGELES (AFX) -- CheckFree Corp. on Monday posted a fiscal first-quarter profit
of $6.2 million, or 7 cents a share, reversing a year-ago loss of $6.7 million,
or 7 cents a share. Sales rose around 26 percent to $177.8 million from $141.3
million. Underlying earnings before one-time items rose to 29 cents a share from
21 cents. Wall Street analysts, on average, had expected the company to post
earnings of 26 cents per share on sales of $173 million, according to a Thomson
First Call survey. In August, the Atlanta-based company had forecast net
earnings would come in at 3 cents to 6 cents per share, or 24 cents to 26 cents
per share before one-time items. Quarterly sales were pegged at $170 million to
$175 million.
E-Trade Q3 earnings 21 cents a share, $79 mln. in net (4:17 PM ET) NEW
YORK (AFX) -- E-Trade Financial raised is 2004 earnings guidance and reported
$79 million in net income, or 21 cents a share on Monday. The discount brokerage
beat the average analyst estimate of 18 cents a share as measured by Thomson
First Call. E-Trade earned $61.4 million, or 17 cents a share in the same period
last year. E-Trade also raised its earnings guidance to between 92 cents and 97
cents a share, up from 87 cents to 97 cents a share.
Kraft earnings drop 4% in Q3 (4:17 PM ET) CHICAGO (AFX)-- Kraft earned
$779 million, or 46 cents per share, in the third quarter. That is down nearly 4
percent from the $812 million and 47 cents of a year ago and includes 2 cents
per share in asset-impairment charges. The average estimate of analysts polled
by Thomson First Call had been for the company to earn 45 cents per share. The
food giant's revenue came in at $7.8 billion, up 4.7 percent from the third
quarter of 2003 and slightly ahead of the Street view. Shares of Kraft closed up
19 cents to $32.33 Monday.
JDA Software posts lower Q3 earns, rev (4:06 PM ET) SAN FRANCISCO (AFX)
-- JDA Software late Monday reported third-quarter earnings of $1.6 million, or
6 cents per share, down from $3.4 million, or 11 cents per share, a year ago,
citing delays in software licenses. Revenue for the quarter was $50 million,
compared with $58 million in 2003.
Old Point Financial Q3 rises (4:02 PM ET) SAN FRANCISCO (AFX) -- Old
Point Financial Corp. on Monday said its third-quarter net income rose to $2.09
million, or 51 cents a share, from $1.96 million, or 48 cents a share, in the
year-ago period. Net interest income rose to $6.21 million from $5.85 million.
Hingham Institution for Savings posts flat Q3 results (3:57 PM ET) SAN
FRANCISCO (AFX) -- Hingham Institution for Savings on Monday reported
third-quarter earnings of $1.5 million, or 71 cents per share, compared with
$1.53 million, or 73 cents per share, a year ago. Interest income for the
quarter was $4.3 million, flat from 2003's $4.3 million.
City Holding Q3 net declines (3:30 PM ET) SAN FRANCISCO (AFX) -- Banking
firm City Holding Co. on Monday said its third-quarter net income fell to $11
million, or 65 cents a share, from $11.5 million, or 68 cents a share, in the
year-ago period. Net interest income rose 5.13 percent to $21.9 million.
Heartland Express beats Wall Street estimate by a penny (3:25 PM ET) NEW
YORK (AFX) - Heartland Express Inc. reported third quarter income of $17.1
million, or 23 cents per share, compared to $14.5 million, or 19 cents per share
in the same period in 2003. The average analyst estimate was for earnings of 22
cents per share. Revenue at the trucking company grew to $117.3 million from
$104.5 million a year ago. Shares of Heartland rose 55 cents to $19.01.
Chemed raises Q3 earnings outlook (1:10 PM ET) SAN FRANCISCO (AFX) --
Chemed Corp. said Monday that it expects third-quarter earnings to be above its
previous forecast, citing strong revenue and profit growth in its Roto-Rooter
unit. The company didn't specify an earnings target.
Sun Bancorp misses Q3 earns estimate by 2c a share (1:04 PM ET) SAN
FRANCISCO (AFX) -- Sun Bancorp on Monday reported third-quarter earnings of $4.5
million, or 25 cents a share, compared with $3.3 million, or 25 cents a share,
last year. The Vineland, N.J.-based company reported interest income of $23.9
million, up from $18.3 million a year ago. Analysts surveyed by Thomson First
Call were expecting earnings of 27 cents a share.
Wachovia ups quarterly dividend 15% to 46c (11:36 AM ET) SAN FRANCISCO
(AFX) -- Wachovia Corp. said Monday that it has raised its quarterly dividend to
46 cents a share, a 15 percent increase from 40 cents. The higher payout is set
for Dec. 15 for shareholders of record as of Nov. 30.
NVR Q3 earns rise above expectations (9:09 AM ET) NEW YORK (AFX) -- NVR,
Inc. reported third-quarter earnings of $147.7 million, or $19.04 a share, up
from $109.4 million, or $12.55 a share in the same period a year ago, and above
the average analyst estimate compiled by Thomson First Call of $16.91 a share.
Revenue rose 19 percent to $1.17 billion from last year's $980.4 million and new
orders increased 9 percent. Backlog grew 6 percent to 7,775, with the dollar
value increasing 22 percent to $2.94 billion. The homebuilding and mortgage
services company expects 2004 earnings to grow 22 to 24 percent above 2003
results. The stock closed Friday up $3 at $547.
Park National Q3 EPS up 17% on higher loan volume (9:08 AM ET) LONDON
(AFX) -- Bank holding company Park National said its earnings for the third
quarter was $1.71 per diluted share, up 17.1 percent from $1.46 in the same
period last year. "Our improved performance for the first nine months of 2004
has been enhanced by a 5.2 percent increase in loans from year-end 2003, and by
6 percent from one year ago," said Park President C. Daniel DeLawder.
Ford expands availability of Sirius radio from dealers (8:57 AM ET)
LONDON (AFX) -- Ford Motor Company said Monday that it is expanding its
availability of satellite radio Sirius as a dealer-installed option. The car
maker said it is targeting up to 20 vehicle lines for factory installations over
the next two years.
Industrial Services of America Q3 'steady and strong' (8:51 AM ET) NEW
YORK (AFX) -- Industrial Services of America, Inc. said year-to-date revenue and
profits "remained steady and strong" in the third quarter, as anticipated in its
statements last quarter. "Based on current trends, this should continue through
the fourth quarter," the company said. Shares fell 5 cents to $11.10 on Friday.
Frisch's Restaurants Q1 EPS 56 c vs 65 c (8:48 AM ET) LONDON (AFX) --
Frisch's Restaurants said Monday that first-quarter earnings fell to $2.9
million, or 56 cents per share, compared with $3.3 million, or 65 cents per
share for the year-ago period. The restaurant chain said sales climbed 9.1
percent to $84.5 million from $77.5 million.
Banknorth Q3 net income $97.8 mln, up 8%, misses est. (8:44 AM ET) NEW
YORK (AFX) -- Banknorth on Monday reported third quarter net income of $97.8
million, up 8 percent from the same period last year. Results for the Portland,
Maine-based bank translated to 55 cents a share, the same as as in the third
quarter 2003. Excluding a merger charge, the earnings were 58 cents a share,
short of the average analyst estimate of 59 cents as measured by Thomson First
Call. Toronto Dominion agreed to buy a majority stake in Banknorth.
Monaco Coach issues Q3 profit warning (8:44 AM ET) NEW YORK (AFX) --
Monaco Coach Corp. on Monday forecasted third-quarter earnings per share of
24-27 cents, lower than the figure of 40 cents per share in a survey of analysts
by Thomson First Call. The Coburg, Ore. company cited a decline in retail
motorhome sales. Shares of Monaco Coach rose 99 cents to $20.11 on Friday.
Tupperware tops Q3 earns forecast, but misses on rev. (8:43 AM ET) NEW
YORK (AFX) -- Tupperware Corp. reported third-quarter earnings of $12.9 million,
or 22 cents a share, after breaking even in the same period a year ago.
Excluding non-recurring items, such as gains from land development and
restructuring costs, earnings were 13 cents a share, vs. the average analyst
estimate compiled by Thomson First Call of 8 cents a share. Sales rose to $255
million from last year's $249.2 million, but fell shy of the $262.1 million
expected by analysts, as strength in BeautiControl North America and Latin
America only partially offset weakness in its German, Japanese and U.S.
Tupperware markets. The food storage products company now sees 2004 earnings of
$1.30 to $1.35 a share, which is above analyst projections of $1.25 a share. The
stock closed Friday down 24 cents at $17.26.
ICU Medical swings to Q3 loss of 8 cents per share (8:41 AM ET) NEW YORK
(AFX) - ICU Medical Inc. a medical products manufacturer, reported a third
quarter loss Monday of $1 million, or 8 cents per share, below the Thomson First
Call analyst estimate for an average profit of 20 cents per share. A year
earlier, income was $4.2 million, or 28 cents per share. Shares closed down 49
cents Friday to $25.40.
Bedford Property Q3 EPS fall to 21 cents vs 41 cents (8:35 AM ET) LONDON
(AFX) -- Real estate investment trust Bedford Property Investors said Monday
that third-quarter earnings fell to 21 cents per share compared with 41 cents
per share in the year-ago period. Funds from operations slumped to 69 cents per
share compared with 78 cents per share for the year-earlier quarter.
Briggs & Stratton to report surprise Q1 loss (8:29 AM ET) WASHINGTON
(AFX) -- Briggs & Stratton said that it will add $10 million to its reserve for
uncollectible receivables and that this will give rise to a first-quarter loss
of $1.5 million, or 6 cents per share. Analysts, on average, had been expecting
the engine manufacturer to post earnings of 25 cents per share when it reports
results on Thursday. Briggs & Stratton says it has a $40 million accounts
receivable due from an unidentified "major original equipment customer." For all
of fiscal 2005, the company now projects net income of $150 million to $160
million, down from the range of $160 million $165 million previously forecast.
Shares of Briggs & Stratton added 49 cents to end at $78.60 in Friday's
dealings.
BlackRock posts Q3 adjusted profit of $36.9M (8:20 AM ET) NEW YORK (AFX)
-- BlackRock Inc. reported a loss of $9.8 million, or 15 cents per share, for
the third quarter ended Sept. 30, down from its year-ago profit of $40.1
million, or 61 cents per share. Excluding a charge of $57.1 million, or 87 cents
per share, related to its long term retention and incentive plan, the New
York-based firm earned $47.3 million, or 72 cents per share, in the latest three
months. On an adjusted basis to exclude a portion of the retention plan to be
funded by PNC Financial, the company said it earned $36.9 million, or 56 cents
per share, in the September quarter. Revenue rose 14 percent in the period to
$171 million from $150.3 million in the same period a year earlier. The average
estimate of analysts polled by Thomson First Call was for earnings of 56 cents
per share on revenue of $182.2 million in the quarter. The stock closed Friday
at $69.79, down 74 cents.
Forest Labs bests Q2 forecasts; ups outlook (8:18 AM ET) NEW YORK (AFX)
-- Forest Laboratories said Monday it earned $295.3 million, or 79 cents a
share, on sales of $856.7 billion in its fiscal second quarter, up from the
$184.5 million, or 49 cents a share, earned on sales of $619.2 million in the
year-ago quarter. Analysts polled by Thomson First Call had expected earnings of
76 cents a share on sales of $838.3 million, on average for the quarter. Looking
ahead, the drug maker said it expect earnings for the fiscal year ending Mar. 31
to "at least" $2.70 a share. The average analyst forecast for the fiscal year
was for earnings of $2.71 a share.
Sensient Tech adj Q3 net 42c; sees Q4 earnings of 45c (8:13 AM ET) NEW
YORK (AFX) -- Sensient Technologies posted Monday third quarter net income of
$21.6 million, or 46 cents a share, compared with $20.7 million, or 44 cents a
share in the year-ago quarter. Excluding a tax benefit, the maker of colors,
flavors and fragrances posted earnings of 42 cents a share. Sales rose 3.9
percent to $256.8 million from $247.3 million. Based on the one analyst polled
by Thomson First Call earnings were expected to come in at 43 cents a share on
sales of $266.6 million. Looking ahead, the company said fourth quarter earnings
are forecast to be in the range of 43 cents to 48 cents a share. For 2004,
Sensient expects earnings within a range of $1.60 to $1.65 per share. The
current First Call estimate is for third quarter earnings of 45 cents a share
and full-year earnings of $1.59 a share. Sensient's stock was unchanged at
$13.23 at the close of trading Friday.
First Niagara Q3 net rise (8:08 AM ET) NEW YORK (AFX) -- First Niagara
Financial Group Inc. said Monday it earned third quarter net income of $13.3
million, or 17 cents per share compared to $9.3 million, or 14 cents for the
same period of 2003. The results surpassed the average analyst estimate of 16
cents per share compiled by Thomson Financial. First Niagara shares rose 37
cents to $13.57 on Friday.
SRI International wins DoD contract worth up to $19.2M (8:07 AM ET) NEW
YORK (AFX) -- SRI International said it won a U.S. Dept. of Defense contract
worth up to $19.2 million. Shares of SRX International fell 68 cents to $51.30
on Friday.
W.W. Grainger tops Q3 earns forecast, ups 2004 outlook (8:03 AM ET) NEW
YORK (AFX) -- W.W. Grainger, Inc. reported third-quarter earnings of $67.7
million, or 74 cents a share, up from $56.8 million, or 62 cents a share, and
above the average analyst estimate compiled by Thomson First Call of 71 cents a
share. Revenue rose 8 percent to $1.3 billion from last year's $1.2 billion, vs.
analyst forecasts of $1.29 billion, boosted by 9 percent growth in its
branch-based distribution business and a 20 percent increase in its Mexico
business. The supplier of facilities maintenance products raised its 2004
earnings estimate to $2.80 to $2.90 a share from $2.65 to $2.85. The stock
closed Friday up $1.03 at $57.77.
Siemens expects 600m '04 phone sales, 10% growth in '05 (7:46 AM ET)
LONDON (AFX) -- Siemens said it expects at least 600 million mobile phones to
be sold in 2004 globally, and it sees 10 percent growth in total global mobile
phone sales in 2005, according to AFX News. "We have always been able to achieve
10 percent growth," said Lother Pauly, head of the Siemens fixed line and mobile
unit, at a conference in Munich. He also reportedly said he was happy with
Siemens' own business for the Christmas period, which is expected to be in line
with the same period last year.
PrivateBancorp Q3 beats estimates (7:46 AM ET) NEW YORK (AFX) --
PrivateBancorp on Monday reported third-quarter net income of $7.1 million, or
34 cents per share, up from $5.1 million, or 27 cents per share last year. The
Chicago-based lender was expected to earn 31 cents per share, according to a
survey of analysts by Thomson First Call. Shares rose 30 cents to $27.03 on
Friday.
Penford swings to Q4 loss vs. Street view of 4c profit (7:41 AM ET) NEW
YORK (AFX) -- Penford Corp reported Monday a fourth quarter net loss of
$500,000, or 6 cents a share compared with a profit of $1.8 million, or 21 cents
a share in the same quarter a year ago. The maker of ingredient systems for food
and industrial applications said sales for the quarter rose 5 percent to $72.3
million. The Thomson First Call average estimate was for a profit of 4 cents a
share on sales of $64.5 million. Penford's stock was down 4 percent, at $16.13
at the close of trading Friday.
3M Q3 net 97c vs 83c (7:40 AM ET) NEW YORK (AFX) - St. Paul-based 3M
Monday reported third-quarter net income of $775 million, or 97 cents per share,
up from $663 million, or 83 cents a year earlier. The Thomson First Call
analysts consensus was for quarterly earnings per share of 98 cents. The
diversified industrials company projected 2004 adjusted net income per share in
the $3.68 to $3.69 range and said its annual sales should rise 7 percent from
2003 levels. The stock Friday closed up 38 cents at $77.98.
Barnes Group misses Street view on Q3 profit (7:40 AM ET) WASHINGTON
(AFX) -- Barnes Group saw its third-quarter profit miss Wall Street's estimate,
coming in at $9.2 million, or 39 cents per share as opposed to the prior year's
$9 million, or 38 cents. Sales rose nearly 10 percent, reaching $243.9 million
from $222.2 million. Analysts, on average, had been expecting earnings of 42
cents per share on revenue of $239 million, according to Thomson First Call.
Shares of the diversified manufacturer added 43 cents, or 1.7 percent, to end at
$26.43 on Friday.
Pegasus signs contract extension with Hyatt Hotels (7:39 AM ET) LONDON
(AFX) -- Hotel reservations technology provider Pegasus Solutions said it has
signed a multi-year contract extension to provide "commission processing and
electronic distribution services" with Hyatt Hotels & Resorts through to June
2007.
Lexmark Q3 earns rise, top Wall Street forecasts (7:23 AM ET) NEW YORK
(AFX) -- Lexmark International reported third-quarter earnings of $156.1
million, or $1.17 a share, up from $104.1 million, or 79 cents a share in the
same period a year ago. Excluding a one-time tax benefit, earnings were $1.02 a
share, exceeding the average analyst estimate compiled by Thomson First Call of
98 cents. Revenue was rose to $1.27 billion from $1.16 billion, vs. analyst
forecasts of $1.29 billion. Looking ahead, the company expects percentage
revenue growth in the "mid- to high-single digits" in the fourth quarter and
earnings, including a tax benefit of about 5 cents a share, of $1.05 to $1.15 a
share, vs. the prior year's $1.05 a share. The printer maker's stock closed
Friday down $1.08 at $82.40.
First State Q3 net handily beats Street estimates (7:23 AM ET) NEW YORK
(AFX) -- First State Bancorporation posted Monday third quarter net income of
$4.1 million, or 53 cents a share compared with $4 million, or 53 cents a share
in the same quarter a year ago. The Thomson First Call average estimate was for
earnings of 47 cents a share on revenues of $20.9 million. Net interest income
for the quarter rose to $17.5 million from $15.6 million while non-interest
income edged up to $3.8 million from $3.7 million in the year ago period. First
State shares were up 1.5 percent, at $31.78 at the close of trading Friday.
Performance Food lowers profit outlook for Q3, Q4 (7:15 AM ET)
WASHINGTON (AFX) -- Performance Food Group lowered its third-quarter profit
outlook to a range of 36 to 37 cents per share, with recent hurricanes expected
to subtract 4 or 5 cents from the food distributor's earnings. Previously, the
company had been anticipating earnings of 42 to 46 cents, with the Thomson First
Call-derived average analyst forecast currently standing at 41 cents. For the
fourth quarter, Performance Food also steered Wall Street lower and now sees
earnings of 30 to 34 cents per share, excluding a charge of 13 cents to be taken
in connnection with the redemption of convertible subordinated notes that's
scheduled to close later Monday. Shares of Performance Food slipped 9 cents to
end at $22.28 in Friday's action.
American Standard Q3 falls short; '04 view 'tightened' (7:15 AM ET) NEW
YORK (AFX) -- American Standard Cos. said it earned $156 million, or 71 cents a
share, on sales of $2.396 billion for its third quarter. Excluding one-time
items, however, the maker of air conditioning and other equipment earned 65
cents a share for the period, shy of the 67 cents a share average forecast of
analysts polled by Thomson First Call for earnings and $2.419 billion in
revenue. The company also narrowed its full year outlook for earnings to a range
of $2.21 to $2.25 a share from the $2.17 to $2.27 a share range expected
earlier. The average Wall Street forecast for 2004 was for earnings of $2.24 a
share.
Amcol Int'l Q3 earns, rev. rise above forecasts (7:14 AM ET) NEW YORK
(AFX) -- Amcol International reported third-quarter earnings of $8.3 million, or
27 cents a share, up from $6.6 million, or 22 cents a share in the year-earlier
period, and above the average analyst estimate compiled by Thomson First Call of
26 cents a share. Revenue rose to $121.5 million from $99.5 million, exceeding
analyst forecasts of $115.2 million. The specialty mineral products company's
stock closed Friday up 25 cents at $17.76.
St Paul Travelers: hurricane costs $93m, lowers Q3 EPS (7:12 AM ET)
LONDON (AFX) -- Insurance provider St. Paul Travelers said it estimates losses
from Hurricane Jeanne to be approximately $93 million, after tax and
reinsurance. As a result, it has lowered its earnings per share guidance for the
third quarter by 13 cents. It said the hurricane will affect its Commercial
business by approximately $26 million, its Specialty business by $44 million and
its Personal business by around $23 million. Including its previously announced
loss estimates from Hurricanes Charley, Frances and Ivan, the combined losses
from all four hurricanes are expected to reduce the company's diluted earnings
per share for the third quarter of 2004 by a total of approximately 58 cents in
total.
Texas Regional Bancshrs Q3 net 40c vs 35c (7:11 AM ET) NEW YORK(AFX) -
Texas Regional Bancshares Monday said its third-quarter net income rose to $19.8
million, or 40 cents per share, from $15.6 million, or 35 cents a share a year
earlier. The Thomson One First Call estimate was for quarterly earnings per
share of 40 cents. The McAllen, Texas bank holding company's stock Friday closed
up 72 cents at $32.07.
OMI Q3 earns rise, top expectations (7:08 AM ET) NEW YORK (AFX) -- OMI
Corp. reported third-quarter earnings of $51.5 million, or 55 cents a share, up
from $17.7 million, or 14 cents a share in the same period a year ago. Excluding
non-recurring items, earnings were 56 cents a share, topping the average analyst
estimate compiled by Thomson First Call of 51 cents a share. Revenue rose 77
percent to $127.7 million, amid strong demand in the Far East. Shares of the
tanker fleet operator closed Friday up 33 cents at $16.51.
Delphi: Challenging conditions, rev. outlook in line (6:47 AM ET) LONDON
(AFX) -- Auto parts maker Delphi Corp. said the industry is "still facing
challenges" in the near-term, but that with cost-cuts, it expects "to remain in
line with our 2004 earnings trajectory in the fourth quarter." Delphi expects
fourth quarter revenue of $7 billion to $7.2 billion - in line with the average
forecast from Thomson/First Call. Its 2004 revenue projection of $28.6 billion
to $28.8 billion was also in line with the average forecast. It expects fourth
quarter GAAP net earnings, including the anticipated impact of previously
announced restructuring charges, from a loss of $18 million to positive
earnings of $32 million.
Hasbro's 'disappointing' Q3 results miss Street target (6:46 AM ET)
WASHINGTON (AFX) -- Hasbro Inc. posted third-quarter net earnings of $88.7
million, or 45 cents per share, up from $68.5 million, or 38 cents, earned in
the same period last year. Revenue slipped to $947.3 million from $971.1
million. CEO Alfred Verrecchia called the results "disappointing." According to
Thomson First Call, analysts' average forecast had been for earnings of 51 cents
on revenue of $992 million. Shares of Hasbro lost a penny to end Friday's
trading at $18.46.
Odyssey HealthCare in DoJ probe; warns on Q3, 2004 (6:40 AM ET) NEW YORK
(AFX) -- Odyssey HealthCare said the Department of Justice has launched a probe
of the company under the False Claims Act, and is reviewing payment claims
dating from Jan 1, 2000 to the present time. The company said it is cooperating
with the probe. The company made the revelation as it announced that CEO David
Gasmire is leaving the company, to be replaced by chairman Richard Burnham. "In
light of the
operational challenges we have experienced, all parties agreed that it
was best to take quick action to put us back on a steady track," Burnham said in
a statement. The company also warned that third-quarter earnings will come in at
about 24 cents a share, 3 cents below the average estimate of analysts polled by
Thomson First Call, due to weak admissions and increased competion. For the full
year, the company expects earnings of 94 to 96 cents a share, below a prior
outlook of $1.03 to $1.05. Shares ended Friday down 3 cents at $16.86.
Delphi auto parts Q3 loss narrows, sees more cost cuts (6:40 AM ET)
LONDON (AFX) -- Auto parts maker Delphi Corp. said its third quarter loss
narrowed to $114 million from $353 million a year ago, or to 20 cents a share.
Excluding restructuring charges, Delphi saw a pro forma loss of 12 cents - in
line, it said, with the average analyst forecast and an Oct. 5 update. Revenue
was $6.65 billion, up from $6.56 billion in the year-ago period. Non-GM revenue
rose to 47 percent of third quarter revenue. The parts maker said it was
"looking at creative solutions across the entire supply chain to reduce overall
costs and counteract some of the commodity market-driven cost increases."
Downey Fin. Q3 net income falls 16.2% on extra costs (6:16 AM ET) LONDON
(AFX) -- Downey Financial said net income for the third quarter fell 16.2
percent to $24.5 million, or 88 cents a share, due an increase in operating
expenses and an "unfavorable" loan charge. Operating expense rose 10.9 percent
due primarily to an increase in salaries and costs due to pending litigation.
Mattel Q3 earns top estimates, but rev. misses (6:10 AM ET) NEW YORK
(AFX) -- Mattel, Inc. reported third-quarter earnings of $255.9 million, or 61
cents a share vs. $270 million, or 61 cents a share in the same period a year
ago, and above the average analyst estimate compiled by Thomson First Call of 60
cents a share. Revenue fell 2 percent to $1.67 billion, missing analyst
forecasts of $1.76 billion. Mattel Brands sales fell 9 percent, amid a 13
percent decline in Barbie sales, while Fisher-Price sales increased 7 percent
and American Girl sales rose 9 percent. The stock closed Friday up a nickel at
$17.97.
Ceridian restates results from 1999 through Q1 2004 (5:32 AM ET) LONDON
(AFX) -- Ceridian Corp. said it will restate its financial results for the
period from 1999 through the first quarter of 2004. The cumulative adjustment to
the company's results is expected to cut earnings before taxes by $60.2 million.
The company said it expects to report third-quarter earnings of 12 cents to 13
cents a share and fourth-quarter earnings between 25 cents and 29 cents a share.
Checkpoint Software Q3 26 cents a share, tops estimate (5:09 AM ET)
LONDON (AFX) -- Security software maker Check Point Software Technologies posted
a 22 percent rise in third quarter revenue to $129.3 million. Net income rose to
$66.8 million, or up 18 percent to $69.1 million, excluding net acquisition
related charges. Per share, earnings rose to 26 cents or 27 cents ahead of the
charge. Analysts polled by Thomson/First Call projected earnings per share of 25
cents for the quarter and sales of $128.32 million.
Cable maker Nexans Q3 sales up 8.2% (4:19 AM ET) LONDON (AFX) -- French
cable maker Nexans said Monday that third-quarter sales were up 8.2 percent to 1
billion euros ($1.247 billion), at constant exchange rates and copper and
aluminium prices. It said that at current metal prices, sales climbed to 1.186
billion euros ($1.479 billion.)
Greetz f-h
ihr müsst meine kohle mitverdienen.
@opti: siehste, die putzkolonne ist bei der citi durch. da war dann noch ein aufseher und hat die richtigen zahlen wieder eingegeben.
greetz uedewo
Ich weiß nicht wie Du da morgen auf den DAX-Stand von 3975 kommst?
Das wären knapp + 2 % vom Schlußstand heute.
Weihnachten? ;-)
18 OCT 22:34 AFX *RETAILU UNLEADED GAS UP 4.2C FR LAST WK: ENERGY DEPT
18 OCT 22:34 AFX *TEXAS INSTRUMENTS FIRST CALL Q3 EARNS EST. 27C
18 OCT 22:33 AFX *TEXAS INSTRUMENTS Q3 REV $3.25B VS $2.53B
18 OCT 22:33 AFX *AVG PRICE FOR REG UNLEADED GAS AT $2.035: ENERGY DEPT
18 OCT 22:32 AFX *TEXAS INSTRUMENTS Q3 EARNS 32C VS 25C
Greetz f-h
morgen wird ein guter Tag.. ich habs im Urin.. deswegen muss ich weg.. ***G*** die Mönche wollen schwimmen gehen...*GGG*
bis morgen @ all
O P T I
60 Punkte in Relation zu 39,15 ist bei mir 1,5 %..
und das bei guten Nasivorgaben und Ibm/TXN .. meiner Meinung nicht unwahrscheinlich...
aber wir werden sehen..
bin seit 3909 und 3933 long und habe heute einiges mitgenommen..von daher.. bin nicht soo optimistisch.. aber realistisch... Stimmung wird schneller drehen,als manchen lieb..aber wir werden sehen.. erinnere dich morgen dran..
Good N8
O P T I
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Texas Instruments Q3 earns 32c, sales $3.25 bln (TXN) By Chris Kraeuter
SAN FRANCISCO (CBS.MW) -- Texas Instruments (TXN) reported third-quarter net income of $563 million, or 32 cents a share, on sales of $3.25 billion. Analysts expected earnings of 27 cents a share and sales of $3.17 billion, on average, according to Thomson First Call. TI said its net income benefited from tax benefits, cost reductions and improved demand late in the quarter.
,,,naja,,,jetzt ziehen sie wieder nach,,,typisch emi
buoaaaa citi 3949 jetzt,,,,
18 OCT 22:36 AFX *TEXAS INSTRUMENTS EXPECTS Q4 REV $3.2B
18 OCT 22:35 AFX *TEXAS INSTRUMENTS EXPECTS Q4 EARNS 24C TO 28C
Greetz f-h
Hier noch etwas, was für die versicherer interessant sein koennte:
4:44pm 10/18/04
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Allmerica Financial sees $30M Hurricane Jeanne loss (AFC) By August Cole
SAN FRANCISCO (CBS.MW) -- Allmerica Financial (AFC) said late Monday that it expects Hurricane Jeanne's pre-tax catastrophe losses to total $30 million. Reinsurers will cut the company's exposure to Jeanne to $3 million. The quarter's expected total pre-tax catastrophe losses will be $1.06 a share, not counting reinsurance.
Greetz f-h