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| As of Monday, November 23rd: |
LATEST EARNINGS RESULTS
- Revised GDP Reading Puts Growth at 2.8%; Inflation Tame
- US Economy Mired in 'Form of Depression': Rosenberg
- Strong Banks, Weak Credit: Treasury Rethinks TARP
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- Hormel Profit Jumps Despite Declining Sales
- Heinz Profit Falls, Raises Full-Year View
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MOST SHARED
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- Revised GDP Reading Puts Growth at 2.8%; Inflation Tame
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Dow Chemical reported a surprise quarterly profit, excluding special items, Thursday and also said that the U.S. economy has bottomed.
Dow [DOW
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] reported a net loss from continuing operations of $435 million, or 47 cents a share, down sharply from a profit of $776 million, or 81 cents a share, in the same quarter a year ago.
But excluding certain items the company earned 5 cents a share. Analysts surveyed by Thomson predicted a loss of 8 cents a share.
Sales fell 31 percent from the same period a year ago to $11.3 billion, lower than the $13 billion analysts predicted.
"The economic outlook for the rest of 2009 appears to be stabilizing with strong growth in Asia Pacific, especially China, where domestic stimulus programs have created demand," the company said in a statement. "In our view, the United States economy has found bottom, but will be slow in recovering as unemployment continues to be a drag on consumer spending."
The company added it does not expect material improvements for the rest of 2009.
- Analog Devices Results Beat Expectations; Shares Rise
Analog Devices reported a quarterly profit that fell from a year ago but topped Wall Street's expectations, sending shares higher in extended trading.
- Tyson Food Profit Beats Estimates
Tyson Foods posted higher-than-expected quarterly results on Monday on strength in its beef, pork and prepared foods businesses, which it expects to continue in its new fiscal year.
- Horton Results Miss Estimates, Shares Drop
D.R. Horton, the No. 2 U.S. homebuilder, reported a much larger-than-expected quarterly loss on Friday, sending its shares down nearly 7 percent even though it also said orders increased.
- Analog Devices Results Beat Expectations; Shares Rise
- Dell Shares Smacked as Earnings, Sales Miss Forecasts
The computer maker reported financial results that were worse than last year and also fell short of Wall Street expectations, punishing the company's shares.
- Dell Shares Smacked as Earnings, Sales Miss Forecasts
- Gap Reports Earnings in Line With Forecasts
- Intuit Posts Narrower-Than-Expected Loss
- Sears Posts Second Consecutive Quarterly Loss
- BJ's Wholesale Profit Falls, Hurt by Falling Food Prices
- Salesforce Profit Beats Forecasts, but Shares Fall
- Autodesk Shares Fall on Disappointing Outlook
- Home Depot Profit Beats; Says Markets Under Pressure
- Target Third Quarter Profit Up, Cautious on Fourth
- Weak US Housing Market Drags on Lowe's Profit
- JC Penney Profit Falls, but Shares Up on Forecast
- Disney Profit, Sales Top Forecasts; Shares Jump
- Nordstrom Earnings Miss Forecasts; Shares Take Hit
- Wal-Mart Holiday Forecast Light, Profit Beats
- Kohl's Profit Beats Street, But Outlook Falls Short
- Vivendi Profit Up More Than 5%, Keeps 2009 Goals








