Month: August 2011

Plains All American Pipeline, L.P. ( PAA ) announced its second-quarter 2011 operating earnings of $1.12 per unit, surpassing the Zacks Consensus Estimate by 33 cents. The results of the partnership were also prominently higher than 57 cents reported in the year-ago quarter […]

Health Care REIT Inc. ( HCN ), a real estate investment trust (REIT) that operates senior housing and health care real estate, reported second quarter 2011 FFO (funds from operations) of 84 cents per share, compared to 74 cents in the year-earlier quarter. Fund from operations, a widely used metric to gauge the performance of REITs, is obtained after adding depreciation and amortization and other non-cash expenses to net income. […]

American Capital Agency Corp. ( AGNC ), a real estate investment trust (REIT) that focuses on investments in mortgage pass-through securities and collateralized mortgage obligations (CMOs), reported earnings of $1.36 per share during second quarter 2011, compared to $1.23 in the year-earlier quarter. Excluding one-time items, recurring net income for the reported quarter was $1.41 per share […]

Ventas Inc. ( VTR ), a leading healthcare real estate investment trust (REIT), reported second quarter 2011 funds from operations (FFO) of $100.6 million or 57 cents per share, compared to $101.3 million or 64 cents in the year-earlier quarter. Fund from operations, a widely used metric to gauge the performance of REITs, is obtained after adding depreciation and other non-cash expenses to net income. […]

MEMC Electronic Materials Inc. ( WFR ) has reported second-quarter 2011 adjusted net income per share of 35 cents, strongly beating the Zacks Consensus Estimate of 7 cents. The outperformance was largely attributed to the strong segmental growth. […]

Dean Foods Company 's ( DF ) adjusted earnings per share for the second quarter fiscal 2011 came in at 18 cents, well behind 29 cents recorded in the year-ago quarter but beating the Zacks Consensus Estimate of 17 cents a share. Including special charges, loss per share for the quarter came in at 28 cents a share. […]

Bank of America Corp. ( BAC ) might reduce the loan burden on its troubled borrowers in the hope of protecting itself from the imminent mortgage servicing litigation, The Wall Street Journal reported on Wednesday. […]

CenterPoint Energy Inc. ( CNP ) in the second quarter of 2011 posted adjusted earnings of 24 cents per share, a penny ahead of the Zacks Consensus Estimate. […]

CIGNA Corp. ’s ( CI ) second quarter core earnings of $1.53 per share were fairly ahead of the Zacks Consensus Estimate of $1.29. […]

SK Telecom Corp Ltd ( SKM ), a leading South Korean telecom operator, has reported second quarter net income of KRW $465 billion ($418 million), up 3.6% year over year, attributable to healthy growth in smartphone subscribers. Revenues Revenues rose 5.7% year over year to KRW 4.04 trillion ($3.64 billion) in the reported quarter. Mobile service revenue inched up 1.6% year over year to KRW 2.72 trillion ($2.44 billion) and interconnection revenue dipped 2.3% to KRW 299 billion ($269 million). […]

Williams Companies ( WMB ) reported stellar second quarter 2011 results, reflecting positive production figures across most of the shale plays coupled with benefits from strategic restructuring. Earnings per share, excluding special items, came in at 39 cents, beating the Zacks Consensus Estimate by a penny. Comparing year over year, earnings improved 39.3% from 28 cents. […]