Dean Foods, 3D Systems, Sotheby

Mukesh Buch
10 Nov, 2014
New York City

Berkshire Hathaway net declined 10% but revenues climbed 10%. Boeing secured order worth $8.5 billion at a list price from a Japan based leasing company. Dean Foods and 3D Systems net swung to a loss. Sotheby

[R]11:35 AM New York – Berkshire Hathaway net declined 10% but revenues climbed 10%. Boeing secured order worth $8.5 billion at a list price from a Japan based leasing company. Dean Foods and 3D Systems net swung to a loss. Sotheby’s net loss narrowed. Rayonier profittumbled 43% on 6% decrease in revenues.][/R]

Tollbooth Index increased 0.4% or 37.76 to 9,791.

Earnings Review

Berkshire Hathaway Inc gained $1,419 to $216,389 after the insurance and railroad conglomerate reported revenues in the third-quarter ending in September climbed 10% to $51.2 billion from a year ago period.

Net earnings in the quarter declined 10% to $2.81 billion compared to $3.07 billion from a same quarter last year.

Boeing Co ((BA)) rose 13 cents to $124.58 after the commercial aircraft maker secured order worth $8.5 billion for the supply a new version of 80 737 MAX8 airplanes to Japan-based SMBC Aviation Capital Ltd at a list price of $106.9 million per aircraft.

Dean Foods Co ((DF)) surged 14% or $2.02 to $16.44 after the food and beverage company said sales in the third-quarter ending in September climbed 9% to $2.4 billion from a year ago period.

Net in the quarter swung to a loss of $16 million or 17 cents a diluted share compared to profit of $415 million or $4.35 from a same quarter last year.

3D Systems Corporation ((DDD)) climbed 4.9% or $1.68 to $36.15 after the three-dimensional printing service provider reported revenues in the third-quarter ending in September soared 23% to $166.9 million from a year ago period.

Net in the quarter swung to a loss of $7.6 million or 3 cents a diluted share compared to profit of $23.5 million or 17 cents from a same quarter last year.

Gogo Inc ((GOGO)) plunged 4.9% or 82 cents to $15.82 after the airline company said revenue in the third-quarter ending in September surged 22% to $104 million from a year ago period.

Net loss in the quarter widened to $24.9 million or 29 cents a diluted share compared to $18.7 million or 22 cents from a same quarter last year.

Sotheby’s ((BID)) gained 1.9% or 76 cents to $40.20 after the auctioneer stated total revenues in the third-quarter ending in September plunged 12.7% to $94.2 million from a year ago period.

Net loss in the quarter narrowed to $27.7 million or 40 cents a diluted share compared to $30.1 million or 44 cents from a same quarter last year.

Rayonier Inc ((RYN)) tumbled 12% or $4.04 to $29.84 after the real estate investment company said sales in the third-quarter ending in September declined 5.9% to $149.8 million from a year ago period.

Net income in the quarter tumbled 43% to $32.7 million or 25 cents a diluted share compared to $57.4 million or 44 cents from a same quarter last year.