PPL Corp. (NYSE:PPL) reported Q1 EPS of $0.70, beating estimates by $0.03. Revenues in the quarter rose 41.3% year-over-year to $4.11 billion, beating estimates by $1 billion. The company reported Q1 operating revenue $4.11 billion, vs. estimates of $3.14 billion which may not compare. PPL said it was „solidly on track” to achieve its FY [...]
Duke Energy (NYSE:DUK) reported Q1 EPS of $0.38, topping estimates of $0.36. The results excluded the $420 million related to the IGCC project. The company was working with regulators on the successful completion of a merger with Progress Energy and it targets July 1 as the closing date. Duke reaffirmed its 2012 EPS forecast of [...]
Aon (NYSE:AON) reported Q1 EPS of $0.98, missing estimates of $1.04. Revenues in the quarter came in at $2.84 billion, vs. estimates of $2.83 billion. The company reported risk solutions revenue $1.91 billion vs. $1.82 billion Quarter over quarter, $1.85 billion Year over year. SmarTrend is bullish on shares of AON and our subscribers were [...]
Warner Chilcott (NASDAQ:WCRX) reported Q1 EPS of $1.16, topping estimates of $0.17. Revenues in the quarter fell 9.5% year-over-year to $685 million, missing estimates by $37 million. Warner Chilcott sees FY 2012 adjusted CNI per share $3.30-$3.40, vs. its prior guidance of $3.60-$3.70. The company sees revenues of $2.4 billion – $2.5 billion, vs. its [...]
Stock Market Index Commentary S&P 500 Nasdaq Dow Jones Jops Report Disappoints….
4-24-12-Baker Hughes (NYSE:BHI) reported Q1 EPS of $0.86, topping estimates by $0.06. Revenues in the quarter rose 18.3% year-over-year to $5.36 billion, beating estimates by $110 million. SmarTrend alerted subscribers to take profits in Baker Hughes on March 06, 2012 at $47.02, since then the stock fell 12.7%. We are now watching for any positive [...]
IBM Boosts Stock Buyback by $7 Billion, Raises Dividend The quarterly payout will rise 10 cents to 85 cents a share, Armonk, New York-based IBM said today in a statement before a shareholder meeting in North Charleston, South Carolina. IBM had $5.7 billion remaining from a previous buyback plan, bringing the total available for repurchases [...]
This is what’s in the news for Tuesday, April 24, 2012. Walmart, the largest private employer in Mexico, continues to be investigated for bribing Mexican officials to allow their rapid expansion into the country. A new Projection of the future of Social Security predicts funds will run out in 2033, 3 years earlier than previous [...]
4-24-12-Weatherford International (NYSE:WFT) reported Q1 EPS of $0.25, missing estimates by $0.04. Revenues in the quarter rose 26% year-over-year to $3.6 billion, vs. estimates of $3.65 billion. The company sees 2012 tax rate of 35%. The company sees „modest” revenues operating income growth in 2012 vs. 2011. SmarTrend alerted subscribers to take profits in Weatherford [...]
3m (NYSE:MMM) reported Q1 EPS of $1.63, vs. estimates of $1.49. Revenues in the quarter came in at $7.49 billion, vs. estimates of $7.44 billion. The company sees annual EPS $6.35-$6.50, had seen $6.25-$6.50, vs. estimates of $6.29. 3M still sees 2012 organic sales volume growth 2%-5%, and operating income margins 21%-22.5%. SmarTrend is bullish [...]