Posts Tagged ‘Inc’

Toll Brothers posts profit; some markets improving

TEL AVIV (MarketWatch) — Toll Brothers Inc., the Horsham, Pa., luxury-home builder, swung to a fiscal first-quarter profit from a year-earlier loss on 2.3% higher revenue. For the quarter ended Jan. 31, Toll earned $3.4 million, or 2 cents a share, against a loss of $40.8 million, or 25 cents, in the year-earlier period. The [...]

Best Buy To Close Some China Stores; Backs 2011 Outlook

Consumer electronics retailer Best Buy Co., Inc. announced late Monday its plans to take a series of actions to improve financial performance of its International segment and to boost growth in key strategic businesses. However, the company reaffirmed its adjusted earnings guidance for full-year 2011. These restructuring actions will see the company closing branded stores [...]

Billions Flow out to Banking Institutions as Foreclosures Increase

In an announcement made on tax filing day, the U.S. Treasury Dept. announced that it was ready to deliver billions of dollars to six major mortgage lenders as they announced their participation in the Obama administration’s “Homeowners Affordability and Stability Plan”. The program’s lofty goal is to save 4 to 5 million at risk homes [...]

Alkermes Performs Better than Est.

Alkermes Inc.’s third quarter fiscal 2011 net loss (excluding special items but including stock-based compensation expense) of $0.12 per share compared unfavorably with the year-ago loss of $0.03 per share. View full post on All Stories

Qualcomm Profit Surges, Tops View; Lifts FY11 Outlook Above Street – Update

Qualcomm Inc., Wednesday reported a rise in profit for the first quarter, due primarily to higher revenues across segments driven by increased demand for its smartphones and data-centric devices. Quarterly earnings and revenues came in ahead of analysts’ estimates. Going forward, the company lifted its guidance for fiscal year 2011, expecting both earnings and revenues [...]

ALJ Announces Results for Fiscal Year 2010

ASHLAND, Ky.–(BUSINESS WIRE)–ALJ Regional Holdings, Inc. (Pink Sheets: ALJJ) today announced that for the fiscal year ended September 30, 2010, it posted net income of $5,688,400 as compared to net income of $53,161 for the fiscal year ended September 30, 2009. ALJ is the parent of Kentucky Electric Steel, a steel mini-mill near Ashland, Kentucky. [...]

Bed Bath & Beyond Beats Estimate

Bed Bath & Beyond, Inc. earnings growth of 28% to 74 cents in the third quarter of fiscal 2010 from the year-ago quarter earnings of 58 cents a share. View full post on All Stories

Data shows Goldman Sachs lapped up emergency loans

Goldman Sachs Group Inc <GS.N>, viewed as one of the stronger banks during the financial crisis, was actually one of the heavier users of emergency lending from the Federal Reserve bank, data released on Wednesday showed. View full post on All Stories

Fortress Funds Complete Acquisition of American General Finance

NEW YORK–(BUSINESS WIRE)–American International Group, Inc. (NYSE: AIG) and Fortress Investment Group LLC (NYSE: FIG) announced today that certain Fortress managed funds acquired 80% of American General Finance Inc. (AGF), a leading provider of consumer credit, from AIG. AIG retained a 20% interest in the AGF business. Founded in 1920, AGF provides loans, retail financing [...]

Liberator fourth fiscal quarter net revenue increases 51.5% from $7.586 million

Liberator Medical Holdings, Inc. today announced record net revenues of approximately $11.49 million for its fiscal fourth quarter ended September 30, 2010, and $40.92 million for the fiscal year ended September 30, 2010. View full post on All Stories

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