by | Sep 21, 2010 | Towing
AutoZone Inc (AZO) reported diluted earnings per share of $5.66 for the quarter ended Aug. 28, a 27.7% increase from a year earlier.
Net sales rose 9.5% from a year earlier to $2.4 billion in the fourth quarter of fiscal 2010, the auto parts company said in a statement. AutoZone opened 80 new stores in the U.S. in the quarter, and 26 new stores in Mexico.
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The company repurchased…
Continue reading AutoZone Quarterly EPS Jumped to $5.66
AutoZone Quarterly EPS Jumped to $5.66 originally appeared on DailyFinance on Tue, 21 Sep 2010 08:24:00.
Filed Under: Company News, Technology, Earnings, Green, Autos, Retail
by | Sep 21, 2010 | Towing
ConAgra Foods (CAG) posted earnings from continuing operations of 32 cents a diluted share for the first quarter of fiscal 2011, compared with 37 cents a share a year earlier.
Sales fell 2.4% from a year earlier to $2.8 billion, the company said in a statement.
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“Our fiscal first-quarter margins and EPS were lower than planned because of an intense promotional environment and…
Continue reading ConAgra Misses Earnings Estimates, Hikes Dividend
ConAgra Misses Earnings Estimates, Hikes Dividend originally appeared on DailyFinance on Tue, 21 Sep 2010 08:00:00.
Filed Under: Company News, Economy, Earnings, Retail
by | Sep 21, 2010 | Towing
Lindsay Lohan settled a $100 million lawsuit against E-Trade Financial Corp (ETFC) for allegedly modeling a “milkaholic” baby girl in an ad after her.
The case was withdrawn with prejudice, meaning it cannot be brought again, Reuters said. Details of the settlement were not immediately available.
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“It was a simple business decision. We always have to consider the cost and time…
Continue reading Lindsay Lohan Drops Lawsuit Against E-Trade for Baby Ad
Lindsay Lohan Drops Lawsuit Against E-Trade for Baby Ad originally appeared on DailyFinance on Tue, 21 Sep 2010 07:32:00.
Filed Under: Company News, Technology, Media, Retail
by | Sep 21, 2010 | Towing
Bank of America (BAC) is reportedly laying off as many as 400 people as revenue from trading and advising clients falls.
Bank of America, the country’s largest bank by assets, is laying off people ranging from junior analysts to managing directors, Bloomberg News said without naming its sources.
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“This sounds like an acceleration of the usual year-end cutbacks among the lowest…
Continue reading Bank of America Reportedly Planning Layoffs
Bank of America Reportedly Planning Layoffs originally appeared on DailyFinance on Tue, 21 Sep 2010 07:02:00.
Filed Under: Company News, People, Investing, Bank of America, Credit
by | Sep 21, 2010 | Towing
BP (BP) will join an oil spill response group formed by fellow oil giants Exxon Mobil (XOM), ConocoPhillips (COP), Chevron (CVX) and Royal Dutch Shell (RDS.A).
BP will make its underwater well containment equipment and personnel available to the group, called the Marine Well Containment Co., The Washington Post said.
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The other four oil companies said they would spend $1 billion on…
Continue reading BP Will Join Other Oil Giants in Spill Response Group
BP Will Join Other Oil Giants in Spill Response Group originally appeared on DailyFinance on Tue, 21 Sep 2010 06:49:00.
Filed Under: Energy, Company News, Technology, Exxon Mobil, Green, BP, Chevron