Comments(0) Washington — Vitran Corp. reported fourth-quarter net income of USD 1.7 000 000, or 12 pennies a part, down from USD 5 000 000, or 37 pennies, earned in the final three calendar months of 2006. The mean profit estimate for the Toronto-based truckage and logistics company, as piled up by FactSet Research, was 24 centimes a portion.
Comments(0) Greater London — Simtek Corp. told after Cypress Semiconductor uttered an interest in purchasing the firm, it plans to engage an consultant to see all strategical options. “We are disposed to get into into more dangerous discussions with Cypress and early potential strategical partners,” the firm emphasised.
Comments(0) Washington D — Centene Corp. stated it expects generating lucre of 59 centimes to 64 pennies a part for the first quarter, on receipts of USD 785 000 000 to USD 795 000 000. And for 2008, the managed-care supplier pegged net in an orbit of USD 2.04 to USD 2.14 a portion, on sticking revenue of USD 3.
Comments(0) Greater London — Medical equipment manufacturer Sirona Dental Systems Inc. stated Friday that its financial first-quarter net profit leapt to USD 17 000 000, or 31 centimes a part, from USD 2.3 000 000, or 4 centimes a percentage, a twelvemonth ago. Receipts for the fourth part rose 14.5% to USD 200.
Comments(0) Washington — Centene Corp. reported fourth-quarter net income of USD 1.5 000 000, or 3 centimes a portion, down from USD 13.8 000 000, or 31 centimes, earned in the final three calendar months of 2006. Fiscal results for the St. Louis-based managed-care supplier show a deprivation from discontinued operations of 4 centimes a percentage in the the quarter, as well as net profit from discontinued operations of 10 pennies a percentage in the year-earlier period of time.
Comments(0) British capital — Coca-Cola was kicked upstairs to outgo from peer execute at Bear Stearns, with the stone citing the good results at PepsiCo and former global consumer companies. “We like KO over the short term because we anticipate earnings to stay solid with the possibleness for upper side, and over the long term because of its promoted business model,” the skint said.
Comments(0) Greater London — UTI Worldwide , that furnishs shipping service and logistics, on Friday cuts its intragroup earnings estimates and set various measures to pare costs. The fellowship now anticipates to account earnings for financial 2008 of betwixt 98 centimes and USD 1.02 per dilute share, leaving off restructuring charges.
Comments(0) New York — While no major companies post net profit today and there is littled in the style of economical news, Wall Street appeared to open up slightly high on Friday after Congress went through the economical stimulus bill late Thursday.
The Dow Jones Industrial Average futurities rose 6 points to 12284 as of 5 a.
Comments(0) London — Crude oil time to comes rose over USD 1 a gun barrel on Friday, up USD 1.05 to USD 89.16 a gun barrel. Iran has beginned building a second nuclear power plant, Itar-Tass tidings agency cited Iran’s embassador to Russia as expression, according to Reuters. Persia is a directing oil exporter and has collided with the West over its atomic ambitions.
Comments(0) Capital of the United Kingdom — Federal criminal prosecuting officers are spreading out their look into Wall Street firms’ mortgage business organisations, and have inquired the SEC for the info it has amassed on Merrill Lynch , The Wall Street Journal reported Friday. The written report cited citizenry familiar with the state of affairs.