DailyMarkets.com - Synovus Edges Out Estimates

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• Synovus Edges Out Estimates
• Boeing Tops On Higher Deliveries
• Caterpillar Profits Soar, Boosts View
• Wednesday Afternoon Links
• Wyndham Beats On Both Lines
• Nabors Posts An Impressive 1Q
• Strong 1Q For Motorola Solutions
• Panera Beats On Solid Top Line
• NASDAQ Falters, Initiates Dividend
• Allegheny’s 1Q Profit Falls
• Breakthrough! As Caterpillar Digs Into 1Q Profits
• Mogavero: “People Like Goods News”
• Warm Weather Hurts Southern Company
• Questar Lags By A Penny, Tops Rev
• Hot Option Plays: Volatility Crush
• Hudson City Reports In Line
• Dr Pepper Misses EPS, Revs In Line
• Host Hotel Reports Solid 1Q
• Product Demand Aids Check Point 1Q
• Lexmark Rev Beats, EPS In Line
• NOV Profit Rises On Robust Activity
• Lilly Beats, Ups Earnings Outlook
• CR Bard Beats EPS Est., Lags Rev
• Harley Profits On Strong Retail Trend
• WellPoint Beats On EPS, Outlook Up
• Crude Steady As Stockpiles Rise, Dollar Falls
• Earnings Preview: FLIR Systems
• How Europe’s Double Dip Could Become America’s
• Disappointing Results At Novartis
• ACE Limited Beats On Lower Cat Loss
• Lorillard Misses On Top Line
• Sprint Beats Ests, Loss Widens Y/Y
• CIT Reports Loss On Debt Repayments
• Total System Beats On Top Line
• Stock Market News Briefs: Align Technology, Air Products And Chemicals, Hershey Foods, McGraw-Hill Companies, 3M Company, Norfolk Souther, Regions Financing Tr I, AT&T
• Amgen Beats But Maintains Outlook
• Durable Goods Down, Earnings Up
• Aflac Outshines, Ups Guidance
• Norfolk Beats On Higher Rev
• IGT Reports Strong 2Q
• Liberty Property Beats Estimates
• Sensient A Penny Ahead, Outlook Up
• AmSurg Beats, Guides Higher
• Astec Falls Short Of Estimates
• Praxair Beats Est., Revises Outlook
• Record Sales For Lincoln Electric
• SEC Exposes Whistleblower: Inadvertent? STOP IT!!
• Stocks Rally On Apple, Boeing Earnings
• Manufacturing Doesn’t Need Special Tax Treatment
• Dollar Slips Ahead Of Fed
• US Dollar Slides Ahead Of FOMC As Durable Goods Orders Tumble
• Stocks Higher On Apple, Fed Awaited

Synovus Edges Out Estimates Posted: 25 Apr 2012 11:53 AM PDT Synovus Financial Corp.'s (NYSE:SNV) first-quarter 2012 earnings came in at 2 cents per share, a penny above the Zacks Consensus Estimate. This compared favorably with the prior quarter earnings of 1 cent. Also, it significantly improved from the prior-year quarter's loss of 12 cents. The sequential improvement in results at Synovus was driven by an enhanced top line and lower operating expenses. Moreover, improved credit quality, reduced credit costs as well as sturdy capital ratios were the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Boeing Tops On Higher Deliveries Posted: 25 Apr 2012 11:53 AM PDT In the first quarter of 2012, The Boeing Company (NYSE:BA), soaring on higher deliveries of commercial airplanes, posted strong numbers. In the reported quarter the company posted operating earnings per share (EPS), excluding special items, of $1.11, beating both the Zacks Consensus Estimate of 96 cents and the year-ago EPS of 78 cents. The company's strong numbers came from higher commercial plane deliveries which more than offset a tepid quarter for defense. On a reported basis, Boeing … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Caterpillar Profits Soar, Boosts View Posted: 25 Apr 2012 11:43 AM PDT Caterpillar Inc. (NYSE:CAT) has kicked off 2012 on a promising note by posting a 29% increase in earnings per share (EPS) to a record $2.37 in the first quarter, far ahead of the Zacks Consensus Estimate of $2.13. The outperformance was driven by growth in mining, strong replacement demand and the company's relentless focus on cost-cutting. Revenues soared 23% to $15.98 billion in the quarter, outpacing the Zacks Consensus Estimate of $15.82 billion. Volumes were up for both new equipment and … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Wednesday Afternoon Links Posted: 25 Apr 2012 11:37 AM PDT 1. US Steel Posts Q1 Profit on Lower Natural Gas Prices, Higher Steel Prices, Strong Sales from Auto and Oil Industries.  2. Economic Optimism Increases Across Minnesota as 40% of Businesses Plan Increased Hiring in Q2 2012, Up from 39% in Q1 2012 and 29% in Q4 2011. 3. Ohio steel industry is expanding, led by a drilling boom in the gas and oil industry and strong demand for cars and light trucks.     4. Nine project sponsors seeking Federal approval to export LNG … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Wyndham Beats On Both Lines Posted: 25 Apr 2012 11:28 AM PDT Wyndham Worldwide Corporation's (NYSE:WYN) first quarter 2012 adjusted earnings of 60 cents per share surpassed the Zacks Consensus Estimate of 55 cents and improved 36% year over year. On a reported basis, Wyndham delivered earnings of 21 cents per share versus 41 cents in the prior-year quarter. The increase was mainly driven by higher revenue per available room (RevPAR) in the Lodging business as well as strong operational performance of the Vacation Ownership business. The performance of the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Nabors Posts An Impressive 1Q Posted: 25 Apr 2012 11:28 AM PDT Global land drilling contractor Nabors Industries Ltd. (NYSE:NBR) reported bright first quarter 2012 results, backed by strong contributions from most of the business units and lower interest expense. Earnings per share from continuous operations (excluding special items) came in at 65 cents, surpassing the Zacks Consensus Estimate of 51 cents. Comparing year over year, results shot up 124.1% from 29 cents (adjusted) earned in the year-ago quarter. Revenues of $1,842.0 million were above first … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Strong 1Q For Motorola Solutions Posted: 25 Apr 2012 11:28 AM PDT Motorola Solutions Inc. (MSI) reported excellent financial results for the first quarter of 2012 with both the top line and bottom line exceeding the Zacks Consensus Estimates. The solid performance was mainly driven by improved demand across the Government segments. First-Quarter Results in Details Quarterly GAAP net income from continuing operation was $159 million or 50 cents per share compared with $367 million or $1.07 per share in the prior-year quarter. However, adjusted (excluding … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Panera Beats On Solid Top Line Posted: 25 Apr 2012 11:08 AM PDT Panera Bread Co. (NASDAQ:PNRA) recently posted first quarter 2012 adjusted earnings of $1.40 per share, surpassing the Zacks Consensus Estimate of $1.34 per share as well as year-ago-quarter's earnings of $1.09 per share. The better-than-expected results were driven by solid top-line growth. Inside the Headline Numbers The restaurant chain reported total revenue of $498.6 million in the first quarter, up 8.8% year over year. System-wide comparable net bakery-cafe sales in the quarter expanded … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

NASDAQ Falters, Initiates Dividend Posted: 25 Apr 2012 11:03 AM PDT NASDAQ OMX Group Inc.'s (NASDAQ:NDAQ) first-quarter 2012 operating earnings per share of 61 cents fell shy of the Zacks Consensus Estimate of 63 cents, but were in line with the prior-year quarter's earnings. NASDAQ's GAAP net income came in at $85 million or 48 cents per share, lagging behind $104 million or 57 cents per share recorded in the year-ago quarter. Results in the reported quarter included net charge of $23 million or 13 cents per share, primarily related to debt extinguishment, … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Allegheny’s 1Q Profit Falls Posted: 25 Apr 2012 11:03 AM PDT Allegheny Technologies Inc. (NYSE:ATI) reported first-quarter 2012 earnings of 50 cents per share, down from 54 cents a year ago. The results were in line with Zacks Consensus Estimate. Revenues increased 10.2% year over year to $1,352.5 million. However, it missed the Zacks Consensus Estimate of $1,362 million. The company witnessed strong growth in its major markets. The High Performance Metals segment contributed 46% increase in sales. Operating profit was almost flat at $163.2 million compared … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Breakthrough! As Caterpillar Digs Into 1Q Profits Posted: 25 Apr 2012 11:00 AM PDT 04/25/12 Growth in its mining business and in US sales led the way for quite the profitable 1Q for … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Mogavero: “People Like Goods News” Posted: 25 Apr 2012 05:58 AM PDT 04/25/12 Mogavero, Lee & Company’s Doreen Mogavero talks earnings reports and economic data releases. Fed expectations are also discussed ahead of Bernanke’s press … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Warm Weather Hurts Southern Company Posted: 25 Apr 2012 10:53 AM PDT Electric utility firm Southern Co. (NYSE:SO) reported first quarter 2012 earnings per share (EPS) of 42 cents, lagging the Zacks Consensus Estimate of 46 cents and the year-ago period profit of 50 cents. The underperformance reflects the adverse effects of an unusually warm winter. Quarterly revenue, at $3,604 million, was down 10.2% year over year and also came below the Zacks Consensus Estimate of $4,155 million. Near-record mild weather across most of the country curbed electricity demand for … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Questar Lags By A Penny, Tops Rev Posted: 25 Apr 2012 10:53 AM PDT Natural gas-focused energy company, Questar Corp. (NYSE:STR) reported mixed first quarter 2012 results, reflecting higher contributions from all business segments, partially offset by steeper operating and maintenance costs. Earnings per share came in at 42 cents, missing the Zacks Consensus Estimate by a penny. However, comparing year over year, earnings improved 7.7% from 39 cents. Total revenue came in at $425.7 million, surpassing the Zacks Consensus Estimate of $422.0. On a year-over-year … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Hot Option Plays: Volatility Crush Posted: 25 Apr 2012 10:46 AM PDT Cusick’s Corner 04-25-2012 Apple beats — stock runs up $50 (NASDAQ:AAPL), and volatility as I discussed yesterday was crushed. Volatility on AAPL weekly options was cut in half, from 80 down to 40, and May volatility dropped 19%. For sellers of premium this is a potential gift because the options they sold went down. Buyers of options who were not aware of the high volatility may have some remorse. This is an example of how much volatility can impact the premium of an option and why we need to be … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Hudson City Reports In Line Posted: 25 Apr 2012 10:38 AM PDT Hudson City Bancorp Inc. (NASDAQ:HCBK) reported first quarter 2012 net earning of 15 cents per share, in line with Zacks Consensus Estimate. The company had incurred a loss of $1.13 per share as a result of restructuring its balance sheet. On an operating basis, the company had earned 19 cents per share in the prior-year quarter. Hudson City's results reflect the impact of the debt pay off as well as the benefit from the balance sheet restructuring efforts. However, with the continuation of the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Dr Pepper Misses EPS, Revs In Line Posted: 25 Apr 2012 10:38 AM PDT Dr Pepper Snapple Group Inc. (NYSE:DPS) reported first quarter adjusted earnings (excluding mark-to-market gains) of 46 cents per share, down 8% from the year-ago earnings of 50 cents per share. Top-line growth was offset by margin declines to cause the earnings downfall. The company's quarterly earnings also missed the Zacks Consensus Estimate of 48 cents per share. During the quarter, Dr Pepper’s net sales grew 2% (3% excluding impact of foreign exchange) year over year to $1.36 billion. A … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Host Hotel Reports Solid 1Q Posted: 25 Apr 2012 10:38 AM PDT Host Hotels & Resorts Inc (NYSE:HST) reported first quarter 2012 FFO (funds from operations) of $101 million or 14 cents per share compared with $77 million or 11 cents per share in the year-earlier quarter and beat the Zacks Consensus Estimate by a penny.  Funds from operations, a widely used metric to gauge the performance of REITs, is obtained after adding depreciation and amortization and other non-cash expenses to net income. The company reported first-quarter adjusted FFO of $102 … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Product Demand Aids Check Point 1Q Posted: 25 Apr 2012 10:38 AM PDT Check Point Software Technologies Ltd. (NASDAQ:CHKP) exited first quarter 2012 with flying colors. Adjusted earnings of 69 cents per share marginally surpassed the Zacks Consensus Estimate of 68 cents. The adjusted earnings per share exclude one-time items, but include stock-based compensation expense. Check Point witnessed strong network security product sales across all geographical regions. Shares closed at $60.76, down 5.14% from the previous day's price. Despite a modest beat, the share price … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Lexmark Rev Beats, EPS In Line Posted: 25 Apr 2012 10:23 AM PDT Lexmark International Inc. (NYSE:LXK) has posted first quarter 2012 earnings per share (EPS) of $1.05, in line with the Zacks Consensus Estimate. The reported EPS was tilted toward the higher end of the company's guidance range of 98 cents to $1.08. A challenging macro environment impacted Lexmark's results in the quarter. Shares fell 6.48% in the day's trade, though no movement was noticed in after hours. Revenue Lexmark's first quarter revenue of $992.5 million dropped 4.1% from $1.03 … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

NOV Profit Rises On Robust Activity Posted: 25 Apr 2012 10:08 AM PDT Global large-cap energy equipment maker National Oilwell Varco Inc. (NYSE:NOV) reported better-than-expected first quarter earnings, helped by robust activity levels, as well as good project execution skills and manufacturing efficiency. All the company's segments managed to improve their revenues and operating profit over the year-ago period. Earnings per share (excluding transaction costs) came in at $1.44, comfortably above the Zacks Consensus Estimate of $1.39 and the year-ago adjusted … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Lilly Beats, Ups Earnings Outlook Posted: 25 Apr 2012 10:08 AM PDT Eli Lilly & Company (NYSE:LLY) reported first quarter 2012 adjusted earnings per share of 92 cents, 14 cents above the Zacks Consensus Estimate but 26% below the year-ago earnings of $1.24. The year-over-year decline was attributable to lower revenues and higher operating expenses in the first quarter of 2012. Reported earnings (including special items), declined 4% to 91 cents per share. Reported earnings included special charges to the tune of $23.8 million associated with the withdrawal of … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

CR Bard Beats EPS Est., Lags Rev Posted: 25 Apr 2012 10:08 AM PDT CR Bard Inc. (NYSE:BCR), a global medical technologies and devices company, reported first quarter fiscal 2012 adjusted earnings of $1.61 per share beating the Zacks Consensus Estimate of $1.57 and surpassing the year-ago earnings of $1.51 per share. Adjusted earnings exclude one-time charges of $1 million. In the reported quarter, profits rose 5% year over year to $138.7 million (or $1.60 a share). Revenue Revenues increased 4% (up 5% in constant currency) year over year to $730 million, but fell … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Harley Profits On Strong Retail Trend Posted: 25 Apr 2012 10:03 AM PDT Harley-Davidson Inc. (NYSE:HOG) witnessed a 44% rise in profit to $172.0 million in the first quarter of 2012 from $119.3 million in the same quarter of prior year. On a per-share basis, profits increased 45% to 74 cents from 51 cents a year ago, exceeding the Zacks Consensus Estimate by 3 cents. Total revenue (including Financial Services) in the quarter rose 17% to $1.4 billion, driven by higher motorcycles and related products sales. Operating income surged 43% to $275.5 million from $193.0 … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

WellPoint Beats On EPS, Outlook Up Posted: 25 Apr 2012 10:03 AM PDT WellPoint Inc. (NYSE:WLP) reported first-quarter 2012 adjusted income of $2.34 per share, surpassing the Zacks Consensus Estimate of $2.28 per share but a penny lower than the year-ago earnings. Adjusted income declined 11% to $794.1 million from $891.0 million in the first quarter of 2011. Including net investment gains of $62.4 million or 19 cents per share, the company reported net income of $856.5 million or $2.53 per share in the reported quarter, compared with $926.6 million or $2.44 per … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Crude Steady As Stockpiles Rise, Dollar Falls Posted: 25 Apr 2012 05:00 AM PDT 04/25/12 Front month crude prices continued to remain steady near $103.50 Wednesday afternoon following a surprise jump in stockpiles last … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Earnings Preview: FLIR Systems Posted: 25 Apr 2012 09:53 AM PDT FLIR Systems, Inc. (NASDAQ:FLIR) is slated to release its first-quarter 2012 earnings result on Friday, April 27, 2012. The current Zacks Consensus Estimate for first-quarter earnings per share (EPS) is 33 cents, representing an annualized growth of 4.37%. FLIR's earnings were above the Zacks Consensus Estimate in fourth and third quarters of 2011 while was below in the second and first quarters of 2011. The company's average positive earnings surprise for the trailing four quarters was … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

How Europe’s Double Dip Could Become America’s Posted: 25 Apr 2012 09:51 AM PDT Europe is in recession. Britain's Office for National Statistics confirmed today (Wednesday) that … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Disappointing Results At Novartis Posted: 25 Apr 2012 09:38 AM PDT Swiss pharmaceutical giant Novartis (NYSE:NVS) reported earnings per share of $1.27 for the first quarter of 2012, missing the Zacks Consensus Estimate by $0.05. Earnings were 10% below the year-ago figure. Earnings in the reported quarter were hurt by lower revenues and margins. First quarter revenues of $13.7 billion fell short of the Zacks Consensus Estimate of $14.1 billion mainly due to the poor performance of Sandoz (the generic arm of Novartis), the Vaccines and Diagnostics and Consumer … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

ACE Limited Beats On Lower Cat Loss Posted: 25 Apr 2012 09:24 AM PDT ACE Limited (NYSE:ACE) reported first-quarter 2012 operating income of $2.05 per share, breezing past the Zacks Consensus Estimate by 15 cents. Earnings exhibited a massive improvement of 170% from 76 cents earned in the year-ago quarter. Operating income was $701 million, which was nearly a fourfold increase from the year-ago quarter. The quarter largely benefited from lower catastrophe activities and higher premiums. Pre-tax catastrophe losses, including reinstatement premiums, were $19 million, … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Lorillard Misses On Top Line Posted: 25 Apr 2012 09:24 AM PDT Lorillard Inc. (NYSE:LO) has delivered first quarter of 2012 adjusted earnings (excluding the unfavorable tobacco settlement expenses) of $1.74 per share, which exceeded the prior-year quarterly earnings of $1.71 per share. The results benefited from a decline in the number of outstanding shares owing to the company's buyback program. However, the results lagged the Zacks Consensus Estimate of $1.99 per share due to a decline in sales growth. Quarter in Detail Net sales in the reported quarter … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Sprint Beats Ests, Loss Widens Y/Y Posted: 25 Apr 2012 09:19 AM PDT The third-largest U.S. wireless carrier Sprint Nextel Corp. (NYSE:S) reported better-than-expected first quarter 2012 results, before the opening bell. Adjusted loss per share of 17 cents bettered the Zacks Consensus Estimate of a loss of 42 cents. However, the adjusted loss was wider than the year-ago loss of 15 cents. Despite the heavy subsidies associated with Apple Inc. (NASDAQ:AAPL) iPhones, Sprint outperformed our expectations on strong revenue growth and cost-cutting measures. Adjusted net loss … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

CIT Reports Loss On Debt Repayments Posted: 25 Apr 2012 09:10 AM PDT CIT Group Inc. (NYSE:CIT) reported its first-quarter 2012 loss of $2.22 per share, much more than the Zacks Consensus Estimate loss of $1.54. The company had reported earnings of 22 cents in the prior quarter and 33 cents the prior-year quarter. Negative net revenue, higher interest expenses and increase in operating expenses negatively impacted CIT's quarterly results. However, continuously improving credit quality and stable capital ratios were the positives. CIT recorded a net loss of $446.5 … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Total System Beats On Top Line Posted: 25 Apr 2012 09:04 AM PDT Total System Services Inc. (TSS) reported first-quarter 2012 operating earnings of 30 cents per share, in line with the Zacks Consensus Estimate but a nickel higher than the year-ago quarter. Earnings per share surged 18.2%, while net income attributable to shareholders increased 15.6% to $56.4 million from $48.8 million in the prior-year period. Results reflect consistent growth in revenues across all business segments and increase in overall transaction volume and new accounts. However, … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Stock Market News Briefs: Align Technology, Air Products And Chemicals, Hershey Foods, McGraw-Hill Companies, 3M Company, Norfolk Souther, Regions Financing Tr I, AT&T Posted: 25 Apr 2012 09:04 AM PDT     Shares of Align Technology, Inc. (NASDAQ:ALGN) soared 15.7% after the company reported first quarter earnings per share of $0.27, surpassing the Zacks Consensus Estimate of $0.22     Shares of The Hershey Company (NYSE:HSY) rose 6% after the company posted first quarter earnings per share of $0.96, surpassing the Zacks Consensus Estimate of $0.81     Air Products & Chemicals, Inc. (NYSE:APD) dropped 4.5% after the company posted second quarter … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Amgen Beats But Maintains Outlook Posted: 25 Apr 2012 09:04 AM PDT Amgen (NASDAQ:AMGN) reported first quarter earnings per share of $1.59, 16 cents above the Zacks Consensus Estimate and 20.5% above the year-ago period. A lower tax rate, lower share count and higher revenues contributed to the year-over-year increase in earnings. Total revenue increased 9.2% to $4,048 million in the first quarter of 2012. Revenues comfortably surpassed the Zacks Consensus Estimate of $3,936 million. However, revenues included a $50 million payment received from AstraZeneca (NYSE:AZN) … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Durable Goods Down, Earnings Up Posted: 25 Apr 2012 09:04 AM PDT All eyes will be on Ben Bernanke who holds a press conference this afternoon following the two-day FOMC meeting. But investors have plenty of news this morning to keep them occupied – from strong earnings reports from a host of blue chip companies, including Apple (NASDAQ:AAPL), to a downbeat March Durable Goods reading for March. My sense is that investors will read the Durable Goods miss as improving the odds of further Fed support and not let this disappointment come in the way of the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Aflac Outshines, Ups Guidance Posted: 25 Apr 2012 09:03 AM PDT Aflac Inc.'s (NYSE:AFL) first-quarter 2012 operating earnings per share of $1.74 outpaced both the Zacks Consensus Estimate of $1.65 and the year-ago quarter's earnings of $1.62. Operating earnings climbed 6.3% year over year to $814 million. A stronger yen/dollar exchange rate and higher investment income related to portfolio de-risking boosted the operating earnings per share by 4 cents and 5 cents, respectively. Operating earnings in the reported quarter excluded after-tax negative impact … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Norfolk Beats On Higher Rev Posted: 25 Apr 2012 09:03 AM PDT Norfolk Southern Corp. (NYSE:NSC), one of the leading U.S. railroad companies reported first quarter adjusted earnings of $1.13 per share that surpassed the Zacks Consensus Estimate by a penny and rose 25.6% from 90 cents in the year-ago quarter. The year-over-year growth was driven by higher revenue, particularly from general merchandise and intermodal that compensated for the subdued Coal results. Adjusted earnings for the quarter excluded the impacts of $58 million (or 10 cents) related to … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

IGT Reports Strong 2Q Posted: 25 Apr 2012 09:03 AM PDT International Game Technology (IGT) reported strong second quarter 2012 results, with earnings of 27 cents per share beating the Zacks Consensus Estimate by a couple of cents. Earnings increased 22.7% year over year, primarily attributed to higher revenue growth in the quarter. Revenue Total revenue increased 13.5% year over year to $541.2 million in the second quarter and beat the Zacks Consensus Estimate of $519.0 million. The better-than-expected result was primarily driven by higher North … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Liberty Property Beats Estimates Posted: 25 Apr 2012 09:03 AM PDT Liberty Property Trust (NYSE:LRY), a real estate investment trust (REIT), reported first quarter 2012 FFO (fund from operations) of 68 cents per share compared with 65 cents in the year-earlier quarter. Reported FFO beat the Zacks Consensus Estimate by 5 cents. Fund from operations, a widely used metric to gauge the performance of REITs, is obtained after adding depreciation and amortization and other non-cash expenses to net income. Total revenue for first quarter 2012 stood at $169.9 million … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Sensient A Penny Ahead, Outlook Up Posted: 25 Apr 2012 09:03 AM PDT Sensient Technologies Corporation (NYSE:SXT) recently reported first quarter 2012 earnings of 58 cents per share, beating the Zacks Consensus Estimate by a penny and surging 9.4% from the year-ago level of 53 cents. The better-than-expected results were attributable to top-line growth. Total revenue perked up 4.6% year over year to $365.7 million during the quarter. In local currency revenue climbed 6.3%. Quarter Highlights During the quarter, sales of the Color Group segment increased 4.5% year … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

AmSurg Beats, Guides Higher Posted: 25 Apr 2012 09:03 AM PDT AmSurg Corp. (NASDAQ:AMSG) reported EPS of 50 cents in the first quarter of fiscal 2012, up 35% year over year, surpassing the Zacks Consensus Estimate by a couple of cents. Revenues during the quarter increased 30% year over year to $230.2 million and exceeded the Zacks Consensus Estimate of $219 million. The upside in revenues during the quarter was primarily attributable to a 5% rise in same-center revenues combined with the addition of 27 centers (26 acquired and 1 de novo) in fiscal 2011. … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Astec Falls Short Of Estimates Posted: 25 Apr 2012 09:03 AM PDT Astec Industries Inc. (NASDAQ:ASTE) has reported first quarter results, delivering an EPS of 53 cents versus 44 cents in the year-earlier quarter, a 20% increase but falling short of the Zacks Consensus Estimate of 61 cents. Total revenue increased 16% to $266.6 million from $230.2 million in the year-ago quarter. Total revenue missed the Zacks Consensus Estimate of $273 million. Domestic sales of the company amounted to $161.4 million in the quarter compared with $147.5 million in the year-earlier … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Praxair Beats Est., Revises Outlook Posted: 25 Apr 2012 09:03 AM PDT Industrial gas producer, Praxair Inc. (NYSE:PX) reported its first quarter 2012 financial results with adjusted earnings per share of $1.38, up roughly 1.5% from adjusted earnings per share of $1.36 in the year-ago quarter. Earnings fell at the higher-end of management's guidance range of $1.33-$1.38 and surpassed the Zacks Consensus Estimate of $1.36 by 2 cents. Revenue: Total revenue in the first quarter was $2,840 million, up 5% year over year and 8%, excluding negative currency translation … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Record Sales For Lincoln Electric Posted: 25 Apr 2012 09:03 AM PDT Lincoln Electric Holdings Inc. (NASDAQ:LECO) recently reported first quarter EPS of 76 cents, up 52% from 50 cents in the year-earlier quarter and ahead of the Zacks Consensus Estimate of 67 cents. The upbeat results were driven by improved product mix, pricing as well as the positive impact from recent acquisitions.  The reported quarter did not note any special item. However, the prior-year quarter noted a net gain of $0.05 per share pertaining to the sale of assets at rationalized operations … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

SEC Exposes Whistleblower: Inadvertent? STOP IT!! Posted: 25 Apr 2012 08:24 AM PDT News this morning that an SEC attorney, in the midst of an investigation, blew the cover of a whistleblower might have been formerly thought of as inadvertent or unfortunate. America is no longer so naive. The Wall Street Journal's lead story today highlights, Source's Cover Blown by SEC: Federal securities regulators, in a sensitive breach, inadvertently revealed the identity of a whistleblower during a probe of a firm that ran a stock trading platform.  The gaffe by the Securities … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Stocks Rally On Apple, Boeing Earnings Posted: 25 Apr 2012 08:05 AM PDT 04/25/12 US stocks soared, with Apple’s blowout earnings lifting the Nasdaq an S&P 500. Boeing’s quarterly results topped expectations, while the aerospace giant raised its profit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Manufacturing Doesn’t Need Special Tax Treatment Posted: 25 Apr 2012 07:24 AM PDT Nobel economist Gary Becker on why special treatment for manufacturing is misguided: “U.S. President Barack Obama, in his State of the Union address, advocated special tax breaks and support for the manufacturing sector. I do not see any more convincing case for subsidies to manufacturing than there was for the special treatment of agriculture during the long decline in farm employment.  Most of the arguments made in support of privileges for manufacturing could be made for services and … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Dollar Slips Ahead Of Fed Posted: 25 Apr 2012 02:00 AM PDT 04/25/12 The dollar has eased this Wednesday morning, allowing the euro to rise above $1.32, as traders await the Fed’s interest rate decision, which is expected to remain at ultra-low … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

US Dollar Slides Ahead Of FOMC As Durable Goods Orders Tumble Posted: 25 Apr 2012 06:51 AM PDT Fundamental Headlines - Apple Profit Rises 94% on Growing Global iPhone Demand – Bloomberg - Housing Demand Bottoming in U.S. After Six-Year Slump – Bloomberg - Britain in Recession, Intensifying Government Woes – Reuters - Durable-Goods Orders Fall – WSJ - Europe Struggles with Painful Deficit Cures – WSJ European Session Summary After two volatile days of trading, Asian and European market participants left the majors relatively unchanged against the US Dollar ahead of the US cash … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Stocks Higher On Apple, Fed Awaited Posted: 25 Apr 2012 01:00 AM PDT 04/25/12 Global stocks rose following better-than- estimated earnings from Apple Inc. to Boeing Co. while investors awaited a Federal Reserve decision on interest … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

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