Company News for April 28, 2009

• McGraw-Hill Companies (NYSE:MHP) reported first quarter earnings of 20 cents a share, beating estimates by 2 cents as revenues fell 5.7% to $1.15 billion, inline with expectations

• Tellabs (NASDAQ:TLAB) reported first quarter earnings of 5 cents a share, beating estimates by 2 cents a share, as revenues of $362 million were down 22.1%

• Interpublic Group of Companies (NYSE:IPG) reported a first quarter loss of 16 cents a share, 4 cents better-than-estimated, as revenues declined 10.8% to $1.3 billion

• Pfizer's (NYSE:PFE) first quarter earnings beat by a nickel, coming in at 54 cents a share on revenues of $10.87 billion. The company said it expects 2009 earnings of $1.85 to $1.95 a share, versus Street estimates of $1.95 a share.  It expects revenues of $44 billion to $46 billion

• Office Depot (NYSE:ODP) reported a first quarter loss of 10 cents a share matching Street expectations, as revenues fell 18.6% to $3.22 billion

• Celanese (NYSE:CE) reported first quarter earnings of 8 cents a share, beating estimates by 18 cents, as revenues fell 37.9% to $1.15 billion

• Coventry Health Care (NYSE:CVH) reported first quarter earnings of 30 cents a share, which bettered estimates by 5 cents a share as revenues grew 21.5% to $3.57 billion. The firm expects 2009 earnings of $1.70 to $1.90 a share, and revenues of $13.59 to $13.99 billion

• Becton Dickinson (NYSE:BDX) reported fiscal second quarter earnings of $1.18 a share, beating estimates by 2 cents, as revenues dropped 0.4% to $1.74 billion

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