Company News for October 29, 2009
• Aetna (NYSE:AET) reported third quarter earnings of 69 cents a share, 3 cents better than Zacks estimates, on revenues of $8.72 billion, up 14.4%. The company sees full year earnings of $2.75 a share
• OfficeMax (NYSE:OMX) posted third quarter earnings of 8 cents, 6 cents below Zacks estimates on inline revenues of $1.83 billion, down 12.6%. The firm issued cautious guidance, anticipating macro employment trends will not turn positive well into 2010
• Nintendo (NASDAQ:NTDOY) posted first half profits off 52% to $768 million, while sales dropped 34.5%. The company slashed its dividend for the first half by 37%
• Newmont Mining (NYSE:NEM) reported third quarter earnings of 79 cents a share, 24 cents above Zacks estimates, as revenues of $2.05 billion, up 49.5%, bested Zacks estimates of $1.78 billion
• Royal Dutch Shell (NYSE:RDS.A) reported a 73% drop in net profit, with earnings ex-items of $2.62 billion slightly ahead of estimates of $2.55 billion. The company noted, "We see some indications that energy demand and pricing are improving, but the outlook remains very uncertain and we are not expecting a quick recovery"
• Motorola (NYSE:MOT) reported third quarter results of one penny on better-than-expected revenues of $5.45 billion. The company expects fourth quarter earnings from continuing operations of 7-9 cents
• Colgate-Palmolive (NYSE:CL) reported third quarter results of $1.12, one penny above Zacks estimates, of inline revenues of $4 billion, up 0.3%
• Moody's (NYSE:MCO) reported third quarter earnings of 43 cents a share, a nickel above Zacks expectations, on better-than-expected revenues of $452 million, up 4.2%
• Procter & Gamble (NYSE:PG) posted fiscal first quarter earnings of $1.06, 9 cents above Zacks estimates, on inline revenues of $19.8 billion, down 6%
Read the full analyst report on AET
Read the full analyst report on OMX
Read the full analyst report on NTDOY
Read the full analyst report on NEM
Read the full analyst report on RDS.A
Read the full analyst report on MOT
Read the full analyst report on CL
Read the full analyst report on MCO
Read the full analyst report on PG

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