Quarterly Reporting 01/25/07
Reporting: Microsoft after the bell...
AT&T (T) +1%, exceeded expectations on purchases of Cingular & BellSouth.
Beazer Homes (BZH) -4%, $59M Q4 LOSS, lowered forward guidance with a NON REALTOR and NON MEDIA HAPPY DAZE SPIN:
The company said sales deteriorated in what has been the worst housing market in 15 years. New orders plunged 54% to 1,779 from a year ago because of weak demand and cancellations.
"At this point, we have yet to see any meaningful evidence of a sustainable recovery in the housing market," CEO Ian McCarthy said.
Bristol Myers Squibb (BMY) -2%, reported a $134M Q4 loss because of special charges and generic competition and results beat expectations because of a tax credit.
eBay (EBAY) +11%, reported Q4 profit climbed 24% as sales rose more than expected, aided by a surge in its electronic payments business and higher prices for the items sold online.
Ford (F) +2%, posted a $5.8B loss in Q4, due to slumping sales and huge restructuring costs for its North American operations. For the year a $13B loss - their worst ever.
Lockheed Martin (LMT) posted a 28% jump in quarterly net income amid profit gains in its aeronautics and information-technology segments, and it boosted its 2007 earnings forecast.
Netflix's (NFLX) profit dropped from a year ago when it benefited from a tax gain, but the company's revenue jumped 44% as it added 654,000 subscribers. Shares surged 9% after hours yesterday.
Qualcomm (QCOM) saw earnings rise nearly 5% in its first fiscal quarter, which the company credited to strong demand for wireless phones that use the company's chipsets and software.
AT&T (T) +1%, exceeded expectations on purchases of Cingular & BellSouth.
Beazer Homes (BZH) -4%, $59M Q4 LOSS, lowered forward guidance with a NON REALTOR and NON MEDIA HAPPY DAZE SPIN:
The company said sales deteriorated in what has been the worst housing market in 15 years. New orders plunged 54% to 1,779 from a year ago because of weak demand and cancellations.
"At this point, we have yet to see any meaningful evidence of a sustainable recovery in the housing market," CEO Ian McCarthy said.
Bristol Myers Squibb (BMY) -2%, reported a $134M Q4 loss because of special charges and generic competition and results beat expectations because of a tax credit.
eBay (EBAY) +11%, reported Q4 profit climbed 24% as sales rose more than expected, aided by a surge in its electronic payments business and higher prices for the items sold online.
Ford (F) +2%, posted a $5.8B loss in Q4, due to slumping sales and huge restructuring costs for its North American operations. For the year a $13B loss - their worst ever.
Lockheed Martin (LMT) posted a 28% jump in quarterly net income amid profit gains in its aeronautics and information-technology segments, and it boosted its 2007 earnings forecast.
Netflix's (NFLX) profit dropped from a year ago when it benefited from a tax gain, but the company's revenue jumped 44% as it added 654,000 subscribers. Shares surged 9% after hours yesterday.
Qualcomm (QCOM) saw earnings rise nearly 5% in its first fiscal quarter, which the company credited to strong demand for wireless phones that use the company's chipsets and software.
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