Month: July 2011

Canadian Pacific Railway Limited ’s ( CP ) adjusted earnings per share of 75 Canadian cents (77 cents) per share in the second quarter of 2011 were in line with the Zacks Consensus Estimate. However, adjusted earnings of the second-largest Canadian railway plunged 23.5% from 98 Canadian cents per share in the year-ago quarter. […]

Leading integrated radiotherapy systems maker Varian Medical Systems ( VAR ) reported third-quarter fiscal 2011 earnings per share from continuing operations of 83 cents, matching the Zacks Consensus Estimate and beating the corresponding year-ago earnings of 74 cents. Profit increased 7.3% year over year to $98.6 million, riding on higher sales of oncology systems and X-Ray products. Revenues & Orders Sales were up 12% year over year (up 9% on a constant currency basis) to $649 million, beating the Zacks Consensus Estimate of $643 million. […]

Graco Inc. ( GGG ) posted a net income of $38.1 million or 61 cents per share in the second quarter of fiscal 2011 compared with a net income of $24.8 million or 41 cents per share in the year-earlier quarter. […]

LSI Corporation ( LSI ) generated revenues of $501 million in the second quarter of 2011, up 6% year over year and sequentially and surpassed management’s expectations of revenues between $465 million and $495 million. On May 6, 2011, LSI completed the sale of its external storage systems business to NetApp ( NTAP ). The financial results of the external systems business have been classified as discontinued operations […]

Advertising titan WPP plc’s ( WPPGY ) wholly-owned subsidiary, JWT has recently acquired assets of a shopper engagement agency, Lunchbox LP. Financial terms of the transaction were not disclosed. Lunchbox specializes in turning shoppers into buyers by creating and connecting custom content to drive sales through its retail partners. […]