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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?


To: Logain Ablar who wrote (45088)10/16/2008 7:07:45 PM
From: Johnny Canuck  Read Replies (2) | Respond to of 71187
 
4:25PM Capital One reports quarterly net income of $374 million (COF) by Alistair Barr
SAN FRANCISCO (MarketWatch) -- Capital One Financial (COF) said late Thursday that it made net income of $374.1 million, or $1 a share, in the third quarter, up from a net loss of $81.7 million, or 21 cents a share, a year earlier. Earnings from continuing operations in the third quarter of 2008 were $385.8 million, or $1.03 a share, the credit card and banking company reported.

4:26PM AMD reports narrower third-quarter loss (AMD) by Benjamin Pimentel
SAN FRANCISCO (MarketWatch) - Advanced Micro Devices Inc. (AMD) on Thursday reported a third-quarter loss of $67 million, or 11 cents a share, compared with a loss of $396 million, or 71 cents a share for the year-earlier priod. Revenue was $1.78 billion, up from $1.56 billion for the same period last year. Analysts had expected AMD to report a loss of 40 cents a share on revenue of $1.48 billion, according to a consensus survey by FactSet Research.

4:24PM PMC-Sierra swings to a third-quarter profit (PMCS) by Wallace Witkowski
SAN FRANCISCO (MarketWatch) -- PMC-Sierra Inc. (PMCS) said late Thursday that it swung to a third-quarter profit of $16.2 million, or 7 cents a share, from a loss of $5.9 million, or 3 cents a share, in the year-ago period. Excluding one-time items, the company would have reported earnings of 13 cents a share. Revenue rose to $139.3 million from $117.5 million last year. Analysts surveyed by FactSet Research estimated quarterly earnings of 12 cents a share excluding stock option expenses on revenue of $139.1 million.

4:19PM IBM earnings rise on strong software, services revenue (IBM) by Dan Gallagher
SAN FRANCISCO (MarketWatch) -- IBM Corp. said Thursday that earnings grew 22% for the third quarter, in line with an earlier pre-announcement. The high-tech giant (IBM) reported operating income of $2.8 billion, or $2.05 per share, compared to earnings of $2.4 billion, or $1.68 per share, for the same period last year. Revenue rose 5% to $25.3 billion for the quarter. The company said revenue from its software segment grew by 12% to $5.2 billion during the period.

4:14PM Stryker third-quarter profit rises to 66 cents a share (SYK) by Wallace Witkowski
SAN FRANCISCO (MarketWatch) -- Stryker Corp. (SYK) said late Thursday that its third-quarter profit rose to $273.8 million, or 66 cents a share, from $228.7 million, or 55 cents a share, in the year-ago period. Revenue rose to $1.65 billion from $1.45 billion last year. Analysts surveyed by FactSet Research estimated a quarterly profit of 67 cents a share on revenue of $1.66 billion. The company forecast 2008 earnings of $2.88 a share. Analysts estimate $2.87 a share.

4:10PM Google posts strong quarterly profit, sales gains (GOOG) by John Letzing
SAN FRANCISCO (MarketWatch) - Google Inc. on Thursday said its fiscal third-quarter profit and sales rose compared to the same period last year. Mountain View, Calif.-based Google (GOOG) said net income for the period ended in September rose to $1.35 billion, or $4.24 a share, from $1.25 billion, or $3.92 a share in the same period a year earlier. Net revenue rose to $4.04 billion. Excluding special items, Google said earnings for the quarter were $4.92 a share. Analysts on average had estimated Google would post earnings excluding special items of $4.74 a share, on net revenue of $4.04 billion, according to FactSet Research.