Media conglomerate, Viacom Inc. (NASDAQ: VIA) fiscal third quarter earnings fell by 7% as its ratings continued to slide even as Nickelodeon, a children network failed to catch the eyeballs.
Category: Large Cap Growth Stocks
LinkedIn Sales Climb, Shares Rally (LNKD)
Business networking website, LinkedIn (NYSE: LNKD) reported higher-than-expected revenue on Thursday as its total sales more than doubled thanks to rising revenues from its new job posting services.
CBS Corp. Reports Q2 Results (CBS)
CBS Corp. (NYSE: CBS), a mass media company, on Thursday, reported its second-quarter financial results. The company’s second-quarter profit beat estimates despite a drop in advertising sales.
MetLife Q2 Profits Double (MET)
The largest life insurer in the U.S., MetLife Inc. (NYSE: MET) reported on Wednesday that its fiscal second-quarter profits leaped twofold, thanks mainly to rising gains on derivatives in the backdrop of falling interest rates. The company’s operating results also surpassed Street’s estimations owing to double digit growth in Americas.
Accretive Health Shares Skyrockets as Lawsuit is Settled (AH)
Shares of Accretive Health Inc. (NYSE: AH) soared on Tuesday following the company’s announcement that it settled a legal wrangle with the state of Minnesota.
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QLogic Corporation Shares Rally (QLGC)
Shares of QLogic Corporation (NASDAQ: QLGC), a designer and supplier of network infrastructure products that provide and manage computer data communication, rallied in trading on Monday.
Clearwire Shares Rise Sharply (CLWR)
Shares of Clearwire Corp. (NASDAQ: CLWR), a provider of fourth generation (4G) wireless broadband services, rallied in trading on Monday, extending its gains from last week.
Expedia Second Quarter Earnings Fall But Surpass Expectations; Shares Gain (EXPE)
Online Travel agency Expedia Inc. (NASDAQ: EXPE) reported on Friday that fiscal second quarter earnings fell by 25%; however shares gained in afterhours trading as it beat Street’s estimations.
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Merck Reports Strong Earnings, Shares Climb (MRK)
Drug maker Merck & Co Inc. (NYSE: MRK) reported better-than-expected fiscal second-quarter earnings on Friday, driven mainly by strong sales of vaccines and treatments for both HIV and diabetes, offsetting the impact of rising U.S. dollar.
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PepsiCo Reports Q2 Results (PEP)
Beverage and snacks maker, PepsiCo Inc. (NYSE: PEP) reported fiscal second quarter earnings on Wednesday that topped analysts’ estimations. The company also maintained its outlook on full-year profits and revenues.