Month: November 2011

On Tuesday, Franklin Resources Inc. ( BEN ) declared preliminary assets under management (AUM) of $694.1 billion by its subsidiaries for the end of October 2011. […]

Despite basking in a modest third quarter, yesterday, the board of Lincoln National Corp. ( LNC ) has announced a significant 60% increase in its quarterly dividend to 8 cents per share from the previous pay out of 5 cents. The hiked dividend will be paid on February 1, 2012 to shareholders of record as on January 10, 2012 […]

DR Horton Inc. ( DHI ) reported net income of $35.7 million or 11 cents per share in the fourth quarter of fiscal 2011 versus a net loss of $8.9 million or 3 cents per share in the year-ago quarter. Reported earnings per share included a pre-tax charge of $12.8 million associated with cost of sales for inventory impairments and land option cost write-offs and $0.1 million loss on early retirement of debt compared with inventory impairments and land option cost write-off charges of $30.8 million and a gain of $1.8 million on early retirement of debt in the year-ago quarter […]

Alkermes plc ( ALKS ) suffered a loss of 7 cents per share (excluding merger related costs and amortization of acquired intangible assets) in the second quarter of fiscal 2012 (ended September 30, 2011). The Zacks Consensus loss estimate was 10 cents per share. The results of the reported quarter included 14 days results of Elan Corporation ’s ( ELN ) drug delivery unit, Elan Drug Technologies (EDT). […]

Toyota Motor Corp. ( TM ) announced that it would recall 549,000 cars worldwide, mostly in the U.S. […]

NVIDIA Corp . ( NVDA ) reported third quarter 2012 adjusted earnings per share of 31 cents, significantly beating the Zacks Consensus Estimate of 26 cents. Revenues The company reported third quarter 2012 revenue of $1.07 billion, up 4.9% from the previous quarter and 26.4% from the year-ago quarter […]

Recently, the rating agency Standard & Poor's (S&P) has provided an investment grade rating to the notes offering announced by The Hershey Company ( HSY ), due 2016. According to the regulatory filing, Hershey had made a public offering to sell 1.5% notes due 2016. Further, the notes were priced at $250 million […]

Caribou Coffee Company, Inc. ( CBOU ), the second largest premium coffeehouse operator in the United States, posted adjusted earnings of 7 cents per share in the third quarter of 2011, surpassing the Zacks Consensus Estimate by a penny and the year-ago quarter earnings by 2 cents. The company’s net sales during the quarter increased 16.1% to $81.4 million, aided by improved performance across all its business lines. […]