Company News for December 10, 2009

• Costco (NASDAQ:COST - Analyst Report) reported inline earnings and revenue results this morning.  The company reported first-quarter earnings of 60 cents a share, inline with analysts' consensus views as well as prior year results, despite the 1% increase in outstanding shares. Revenues climbed 5.5% to $17.3 billion, matching estimates of $17.32 billion, as same-store-sales rose 3%

• Lululemon Athletica (NASDAQ:LULU - Snapshot Report) reported third-quarter earnings one cent above estimates at 20 cents versus 13 cents a year earlier on a 29.7% sales gain to $112.9 million, beating estimates of $111.2 million.  Comparable sales increased 10%. The firm said it sees fourth-quarter earnings of 26 cents to 27 cents a share

• Goldman Sachs (NYSE:GS - Analyst Report) increased its fiscal 2010, 2011 and 2012 estimates on Oracle (NASDAQ:ORCL - Analyst Report) to $1.53, $1.66 and $1.81, respectively, from previous projections of $1.52, $1.64, $1.79, while maintaining its "buy" rating on the shares

• Lazard (NYSE:LAZ - Snapshot Report) raised its price target and reiterated buy ratings on Visa (NYSE:V - Analyst Report) and MasterCard (NYSE:MA - Analyst Report). Analysts increased the price target on Visa to $98 from $86, and on MasterCard to $285 from $250

• Smithfield (NYSE:SFD - Analyst Report) posted a narrower-than-expected fiscal second quarter loss of 26 cents a share, improved from the anticipated 39 cent loss. Revenues of $2.69 billion matched Street projections.

• Ciena (NASDAQ:CIEN - Analyst Report) reported a loss of 12 cents a share, up from 10 cents last year excluding items, versus analyst estimates of a 7-cent loss. Revenues fell 1.9% to $176.3 million, ahead of the firm's September guidance at about $164.8 million

Read the full analyst report on COST

Read the full analyst report on LULU

Read the full analyst report on GS

Read the full analyst report on ORCL

Read the full analyst report on LAZ

Read the full analyst report on V

Read the full analyst report on MA

Read the full analyst report on SFD

Read the full analyst report on CIEN