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CEC Ceconomy AG

2.998
0.028 (0.94%)
17:08:30 - Realtime Data
Share Name Share Symbol Market Type
Ceconomy AG TG:CEC Tradegate Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.028 0.94% 2.998 2.978 2.998 3.04 2.894 2.956 130,136 17:08:30

US EARNINGS WRAP: Disney Net Slips, MetLife Swings To Loss

30/07/2009 11:05pm

Dow Jones News


Ceconomy (TG:CEC)
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Below is a synopsis of major quarterly releases from Thursday afternoon:

Disney Profit Sags As Revenue Drops Across Co

Walt Disney Co.'s (DIS) profit dropped 26% on lower revenue across the company, including a 12% drop in its studio operations. Shares fell 1.6% to $25.90 in after-hours trading as the media and entertainment giant's revenue fell short of analysts' estimates.

MetLife Swings To Loss On Investment Losses

MetLife Inc. (MET) swung to a loss as the company recorded another $3.83 billion of investment losses, which have mounted for insurers since markets melted down last year. Operating earnings beat handily analysts' expectations but revenue fell short.

Genworth Loss Narrows On Smaller Investment Losses But Shares Fall

Genworth Financial Inc.'s (GNW) loss narrowed as the insurance and financial-services company reported sharply smaller investment losses. But shares fell 6.5% to $6.65 in after-hours trading as earnings excluding investment impacts were far below analysts' expectations.

YRC Swings To Loss As Volume Keeps Falling, Misses Street View

YRC Worldwide Inc. (YRCW) swung to a loss as the trucking giant's shipping volume continued to fall. Shares slumped 15% to $1.43 in after-hours trading as the company's results badly missed Wall Street's estimates. Per-day tonnage for its national segment slumped 39%, with the regional business seeing a 26% decrease.

McAfee Earnings Fall On Higher Charges, Gives Modest Outlook

McAfee Inc.'s (MFE) earnings slid 40% on increased charges and taxes, but the antivirus-software maker said it reported a record quarterly profit excluding items. Shares fell 1.6% after-hours to $41.90 as the company also gave a modest outlook for the current quarter.

First Solar Helped By Better Revenue; Pricing Hurts Evergreen

First Solar Inc. (FSLR) continued to shine among its struggling peers, as its profit more than doubled on higher revenue and margins, while Evergreen Solar Inc. (ESLR) swung to a wider loss amid lower pricing. First Solar shares jumped 10% to $191.48 in after-hours trading as results topped analysts' estimates. Evergreen added 1.3% to $2.41.

Las Vegas Sands Loss Widens; Revenue Misses Estimates

Las Vegas Sands Corp.'s (LVS) loss - its sixth in a row - widened amid charges and declining revenue as the casino giant also increased its cost savings target to about $500 million a year. Shares dropped 7% to $10.37 in after-hours trading as net revenue fell short of Wall Street estimates.

Stronger Dollar Hurts Pitney Bowes; Co Lowers Year View

Pitney Bowes Inc.'s (PBI) profit dropped 8.8% as revenue declined amid the weak economic climate and the stronger dollar weighed on results. The provider of mail products and services lowered its full-year outlook, saying it hadn't seen any indication mail-intensive industries would improve this year. Shares were down 9.4% to $21.30 in after-hours trading as it also posted results below Wall Street's expectations.

Monster Worldwide Swings To Loss; Cost-Cutting Continues

Monster Worldwide Inc. (MWW) swung to a loss, its second in a row, as the online job-search company continues to flounder amid a dismal employment environment. Chief Executive Sal Iannuzzi said the company is cutting costs while continuing to invest in new technology and expand its sales force. Shares of Monster rose 2 cents to $13.76 in after-hours trading.

WebMD Earnings Zapped By Charges; HLTH Posts Wider Loss

WebMD Health Corp.'s (WBMD) earnings fell 67% amid charges from shedding its printing business, while parent company HLTH Corp. (HLTH) posted a wider loss, even as both saw increases in revenue. The health-information-service providers, neither of which were active in after-hours trading, agreed to merge last month after canceling an earlier deal.

CEC Entertainment Profit Slips, Says Visibility Cloudy

CEC Entertainment Inc.'s (CEC) profit fell 20% as the parent of Chuck E. Cheese said sales fell because of "unprecedented" external challenges including an impact from the H1N1 influenza pandemic. In after-hours trading, CEC shares slipped 2% to $33 as the results fell slightly short of analysts' expectations. The company said the sales visibility remains clouded and didn't project any specific guidance for the future.

 
 
 
 

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