Month: May 2013

Sprint Nextel Corp. ( S ) is all set to achieve its goal of terminating integrated digital enhanced network (iDEN) network at the end of Jun 2013, as scheduled almost a year earlier. With this move, the company aims to concentrate on the core Sprint platform, which includes CDMA, WiMAX, Long-Term Evolution (LTE) and other network technologies […]

Chemical titan DuPont ( DD ) divulged its strategic and operational priorities for this year and beyond during its annual investor day in Wilmington, Del. Chairman and CEO Ellen Kullman highlighted three strategic priorities that are aimed at boosting shareholder value and driving multi-year sales and earnings. Kullman noted that DuPont’s priorities are expansion of its leading footprint across the food value chain, reinforcing its leadership position as a provider of differentiated, high-value advanced materials, and development of leading industrial biotechnology capabilities. […]

Duke Energy Corp. ( DUK ) reported adjusted first quarter 2013 earnings of $1.02 per share that came below the Zacks Consensus Estimate of $1.04. The quarterly earnings also fell below the year-ago figure of $1.13 by 9.7%. […]

Monster Worldwide Inc. ( MWW ) reported earnings of 8 cents per share in the first quarter of 2013, ahead of the Zacks Consensus Estimate by a penny. […]

Strayer Education Inc. ( STRA ) posted first-quarter 2013 earnings of $1.59 per share, beating the Zacks Consensus Estimate of $1.46 by 8.9%. Earnings were also better than the company’s expected range of $1.45 – $1.47 per share […]

Garmin Ltd . ( GRMN ) reported first-quarter earnings that missed the Zacks Consensus Estimate by a penny, or 2.4%. […]

Teradata Corp ( TDC ) reported earnings of 38 cents in the first quarter of 2013, which was well short of the Zacks Consensus Estimate of 52 cents. Shares plunged 10.93% ($5.80) in after-hours trading following the disappointing results as earnings per share declined 32.1% from the year-ago quarter. The year-over-year earnings decline was primarily due to lower revenue growth and higher investments on growth prospects in the quarter. […]

Haemonetics Corporation ( HAE ) reported net income of $12.6 million or earnings per share (EPS) of 24 cents in the fourth quarter of fiscal 2013, down 29% and 31% year over year, respectively. However, after taking into account certain one-time items, adjusted earnings came in at 48 cents per share, surpassing both the Zacks Consensus Estimate of 46 cents and the year-ago quarter’s adjusted earnings of 40 cents per share. For the full year, adjusted EPS was $1.71, up 13% year over year exceeding the guidance range of $1.65–$1.70. […]

The largest satellite TV provider in the U.S., DIRECTV ( DTV ) is set to release its first-quarter 2013 results before the opening bell on May 7, 2013. In the last quarter, the company delivered a 33.62% positive earnings surprise. […]

Telecom giant AT&T Inc. ( T ) is introducing new promotional plans to accelerate smartphone sales. […]

Tyson Foods Inc. ( TSN ) is set to report its fiscal 2013 first quarter results on May 6, 2013 before the opening bell. […]

In an attempt to enhance shareholders’ return, communication network solution provider, ADTRAN Inc. ( ADTN ) announced that its board of directors has authorized an additional share repurchase plan. The new plan will commence following the completion of the current share repurchase plan, which was announced on Oct 2011. […]

Shares of Chevron Corp. ( CVX ) hit a 52-week high of $122.33 on May 2. In fact, the San Ramon, Calif.-based energy giant has seen its stock price climb some 10% since the beginning of the year. […]

Shares of Halliburton Co. ( HAL ) are trading near their 52-week high of $43.96. In fact, the Houston, TX-based oilfield services behemoth has seen its stock price climb some 20% since the beginning of the year. […]