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AAPL Apple Canadian Dollar Hedged

28.08
0.03 (0.11%)
17 May 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
Apple Canadian Dollar Hedged NEO:AAPL NEO Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  0.03 0.11% 28.08 28.00 28.25 28.17 28.00 28.01 55,534 22:30:01

US EARNINGS WRAP: Apple Smashes Views, TI Sees Higher Demand

19/10/2009 10:43pm

Dow Jones News


Apple Canadian Dollar He... (NEO:AAPL)
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   DOW JONES NEWSWIRES 
 

Below is a synopsis of major earnings releases from Monday afternoon:

Apple Smashes Views Again; Stock Hits New High

Apple Inc.'s (AAPL) fiscal fourth-quarter profit jumped 47% as the company sold more Macintosh computers and iPhones than in any previous quarter, which helped drive revenue. Shares were up 6.4% to $202 in after-hours trading, hitting a new high, as the company's latest results easily beat analysts' expectations.

Texas Instruments Sees Higher Demand; 4Q View Strong

Texas Instruments Inc.'s (TXN) third-quarter profit slid 4.4% on lower sales, but the company saw demand grow for the second quarter in a row, including a 20% increase in analog chips. Its stock rose 2% to $24 in late trading as the communications-chip giant's results topped its guidance and it predicted fourth-quarter results above Wall Street's expectations.

JB Hunt Income Down 34% On Lower Surcharges, Prices

J.B. Hunt Transport Services Inc.'s (JBHT) profit declined 34% on lower fuel surcharges and pricing, although results topped Wall Street's expectations due to seasonal improvements across all sectors.

Western Bank Zions Sees Further Loan Troubles

Zions Bancorp Inc. (ZION) swung to a loss as the Western bank continued to suffer from sour loans, but it said it saw some signs of stabilization in the economy. Credit losses and bad loans continued to mount, and shares fell 2.1% to $17.93 in late trading.

Lincare Earnings Down 32% On Falling Reimbursement Rates

Lincare Holdings Inc.'s (LNCR) profit slid 32% on slumping margins and revenue declines caused by falling Medicare reimbursement rates. Operating margin for the medical-equipment provider fell sharply on higher costs.

ICU Medical Earnings Off 17%, Estimates Raised

ICU Medical Inc.'s (ICUI) profit fell 17% as revenue fell less than expected, leading the medical-equipment company to again raise its 2009 earnings guidance. Its stock added 2.1% to $36.60 in late trading.

Apartment Operator UDR Remains In Red; View Lowered

UDR Inc.'s (UDR) loss widened as the company wrote down its investment in two joint ventures. The apartment operator--unprofitable for six straight quarters--also lowered its 2009 forecast because of the write-down. Shares edged lower after hours.

SolarWinds Posts Strong Results, But Stock Still Falls

SolarWinds Inc.'s (SWI) profit grew 39% as the network-management software company reported higher revenue, helping it top expectations. The company also raised its full-year target, but the stock fell 5.7% to $21.50 in after-hours trading, reversing the regular session's gains. The company went public in May at $12.50.

-By Kevin Kingsbury, Dow Jones Newswires; 212-416-2354; kevin.kingsbury@dowjones.com

 
 

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