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First Solar, Inc Q4 Earnings Call Transcript

123jump.com Staff
23 Feb, 2010
New York City

First Solar fourth quarter revenues came in at $641.3 million, an increase of 45.6% with net income rising only marginally to $141.6 million. Earnings per share were $1.65 as against $1.61 a year ago. Revenue for 2010 is expected to come in from $2.7 billion to $2.9 billion.

Weak Store Sales in Tokyo; Stocks Down

Darlington Musarurwa
23 Feb, 2010
New York City

Stocks in Tokyo trading edged lower. Resource stocks, commodities and export sensitive stocks closed lower. The yen edged higher. Shipping companies led the gainers. Convenience stores sales tumble 5% to 565.2 billion in January. Ad spending falls the most since 1947 in Japan.

U.S. Stocks Drift; New Home Sales Drop 11%

123jump.com Staff
24 Feb, 2010
New York City

New Home sales declined 11% in January and median home price declined to $203,500 the lowest in seven years. Fed Chairman Bernanke reiterated in his prepared remarks to lawmakers that interest rates will remain low for extended period. Stocks edge up.

Las Vegas Sands Q4 Earnings Call Transcript

123jump.com Staff
23 Feb, 2010
New York City

The casino operator revenue rose 17.5% to $1.28 billion in the quarter. Net loss narrowed 16.5% to $113.9 million boosted by increase in casino revenues and lower expenses. The company lost 17 cents per share compared to a loss of 27 cents per share the prior-year quarter.

U.S. Stocks Struggle; Commodities Weak

123jump.com Staff
22 Feb, 2010
New York City

U.S. stocks traded sideways and commodities traded mixed. President Obama proposes a fee to drugmakers and taxes wealthy families to pay for growing healthcare costs. A $15 billion jobs bill passed a test vote in the U.S. Senate.

Thermo Fisher Bids $6 Billion for Millipore

123jump.com Staff
22 Feb, 2010
New York City

Thermo Fisher Scientific offered $6 billion to acquire Millipore Corp. Millipore surged 22% at close in New York trading.

India Targets 8% Economic Growth

Mayank Mehta
22 Feb, 2010
New York City

India

European Markets Consolidate

Mayank Mehta
22 Feb, 2010
New York City

European market indexes declined after gaining for a week. Lufthansa canceled two thirds of its flights. Banks and the benchmark index in Greece rebounded on central bank governor comments. Drugmakers declined after U.S President proposed fees.

UK Indexes Weak; GlaxoSmithKline Down

Mayank Mehta
22 Feb, 2010
New York City

UK stocks closed lower after a weakness in drugmakers. Miners and banks led the gainers. GlaxoSmithKline Plc dropped 2.6% after two U.S. lawmakers reopened the investigations linked to its Type 2 diabetes treatment drug.

Green Plains, Smith International, Quanta Rise

Mayank Mehta
22 Feb, 2010
New York City

Smith International gained after it agreed to be acquired by Schlumberger for $11 billion. Green Plains Renewable Energy Inc surged after it swung to a quarterly profit. Lowe

Whole Foods Market Q1 Earnings Call Transcript

123jump.com Staff
22 Feb, 2010
New York City

The natural and organic foods supermarket reported quarterly sales rose 7% to $2.6 billion on comparable store sales increase of 3.5% on a two-year stacked basis. Net income surged 79% to $49.7 million in the quarter. Earnings per share soared to 32 cents from 20 cents in the year-ago quarter.

Weak Commodities Drag U.S. Indexes

123jump.com Staff
22 Feb, 2010
New York City

U.S. stocks traded sideways and commodities traded lower. President proposes changes to healthcare plan before a bipartisan meeting on Feb 25. Schlumberger agrees to acquire Smith International for $11 billion.

Knot Q4 Earnings Call Transcript

123jump.com Staff
22 Feb, 2010
New York City

The lifestage media company targeting couples planning their weddings reported net quarterly revenue rose 3% to $25.1 million. Net quarterly loss widened 511.6% to $6.0 million. The company lost 19 cents a share compared to a loss of 3 cents a year-ago quarter.

WellPoint Q4 Earnings Call Transcript

123jump.com Staff
22 Feb, 2010
New York City

The health benefits company reported operating revenue declined 2.4% to $15.1 billion in the quarter. Net quarterly income surged 714.7% to $2.7 billion helped by a gain from the sale of its NextRx subsidiaries. Earnings per share soared to $5.95 from 65 cents a year-ago quarter.

Nikkei in Tokyo Surges 2.7%; Dai-ichi IPO

Darlington Musarurwa
22 Feb, 2010
New York City

The benchmark index in Tokyo surged nearly 3% on the inflation and manufacturing reports in the U.S. Exporters, resource stocks, trading companies and shippers led the gainers. Dai-ichi Mutual Life Insurance filed to raise $12 billion in initial public offering.

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