Month: November 2011

The Wendy’s Co. ( WEN ) has recently posted third quarter 2011 adjusted earnings of 5 cents per share, beating the Zacks Consensus Estimate by a penny. On a GAAP basis, the company’s earnings were a penny per share compared with a break-even result in the prior-year quarter […]

Solar Panel maker, Suntech Power Holdings Company Ltd. ( STP ) announced preliminary financial results for its third quarter ending September 30, 2011. Suntech expects shipments for the third quarter of 2011 to increase by 15% from the second quarter of 2011. […]

The Euro-zone debt crisis that started in Greece almost two years ago and subsequently spread to Ireland and Portugal has now reached the monetary union's core. Italy is now firmly in the eye of the storm. But Italy is quite different from the peripheral countries that became the first victims of the crisis […]

The Brazilian beer giant Companhia de Bebidas das America ( ABV ), aka AmBev , reported third-quarter 2011 earnings of R$0.53 (33 cents) per share, which declined 9.9% from prior-year quarter’s earnings of R$0.59 (34 cents) a share. Higher financial costs and higher effective tax rate more than offset the growth in net sales and improved margins. Financial Details Net sales for the quarter increased 10.6% to R$6,374.5 million (US$3,921.6 million), compared with R$5.978.2 million (US$3,398.6 million) in the prior-year quarter […]

Isis Pharmaceuticals Inc. ( ISIS ) reported a net loss of 27 cents per share in the third quarter of 2011, well above the year-ago loss of 13 cents and the Zacks Consensus loss Estimate of 21 cents. Revenues came in at $20.7 million, well below the Zacks Consensus Estimate of $25 million and the year-ago revenues of $27.8 million. […]

Wind turbine technology company, American Superconductor Corporation ( AMSC ) reported a loss for its second quarter of fiscal year 2011 ending September 30, 2011. In the reported quarter the company digested a net loss of $1.02 per share, far above the Zacks Consensus Estimate of a loss of 73 cents and the prior year's profit of 17 cents. Operational Statistics American Superconductor’s total revenue of $20.8 million in the reported quarter was far lower than $98.1 million in the year-ago period. […]