Category: Large Cap Growth Stocks

International Game Technology Beats Q2 Estimates, Provides Upbeat Guidance (IGT)

Gaming machines manufacturer and social gaming provider, International Game Technology (NYSE: IGT) reported fiscal second quarter results late last evening. The Company posted better-than-expected results and provided optimistic guidance for the full fiscal year.

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Major Movers on April 25; QCOM, AKAM, ZNGA, FFIV, DOW, CAKE

Shares of Qualcomm Inc. (NASDAQ: QCOM) plunged about 5.50% in early trade after the semiconductor company, late last evening, provided lower-than-expected guidance  on fiscal third quarter earnings although its outlook on revenue exceeded Wall Street’s expectation.  For the fiscal second quarter, Qualcomm posted adjusted earnings of $1.17 a share, in-line with analysts’ expectation. Revenue stood at $6.12 billion, beating analysts’ consensus estimate of $6.09 billion.

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Dow Chemical Company Reports 33% Jump in Q1 Earnings (DOW)

The Dow Chemical Company (NYSE: DOW) reported fiscal first quarter results on Thursday which saw earnings comfortably beating  Wall Street’s estimate, thanks mainly to robust demand for its crop and  seeds protecting chemicals in Americas, offsetting the weakness in plastic business.

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WellPoint Q1 Earnings Boosted by Consumer Business Segment (WLP)

Shares of WellPoint Inc. (NYSE: WLP) rallied on Wednesday after America’s second largest health-benefit provider reported that fiscal first quarter earnings climbed 3.4% as top line growth was bolstered by strong performance from consumer-business division, offsetting weakness in commercial business division.

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Major Movers on April 24; WHR, YUM, BRCM, T, AMGN, DV

Shares of Whirlpool Corp. (NYSE: WHR) fell about 4.30% in early trade after the home appliances maker reported  fiscal first quarter results which showed revenue falling short of Wall Street’s consensus estimate; however, earnings topped expectations, thanks to higher prices and cost slashing measures that helped boosting the bottom line.

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Yum Brands Q1 Profit Tumbles 26% due to Falling Sales in China But Results Top Estimates (YUM)

Yum! Brands Inc. (NYSE: YUM) said that its profit in the fiscal first quarter fell 26% as its top line was adversely impacted due to declining sales in China.

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DuPont Tops Q1 Estimates, Maintains Earnings Outlook on Q2 (DD)

Chemical giant, DuPont (NYSE: DD) said on Tuesday that fiscal first quarter’s net income jumped more than two times, as revenue was bolstered by strong demand for its protection crops and drought resilient seeds. The U.S. suffered one of the worst summers last year which increased the demand for drought resistant seeds, which DuPont develops.

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Major Movers on April 23; NFLX, COH, CZR, LXK, VCO, SANM

Shares of Netflix Inc. (NASDAQ: NFLX) soared about 22% in early trade after the movie streaming and DVD rental company, late last evening reported stronger-than-expected fiscal first quarter results as revenue was bolstered by stunning growth in US subscribers’ base.

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