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(NFLX) - buy
Netflix Inc.'s fourth-quarter profit climbed 45 percent to surpass analysts' estimates. Co also reports Q4 net subscriber additions 718K vs 530K Street expectation.
(MCK) - buy
McKesson boosts outlook. Co issues upside guidance for FY09, sees EPS of $4.15-4.30 vs. $4.03 consensus.
(TXN) - short
Texas Instruments Inc. reported a huge drop in quarterly profit and unveiled a plan to eliminate 3,400 jobs as the chip giant warned it expects a "prolonged economic weakness." Co issues downside guidance for Q1, sees EPS of ($0.11)-0.03 vs. $0.04 consensus.
(RGA) - short
Reinsurance Group of America Inc, posted quarterly earnings below market estimates, hurt by weak results at its U.S. segment and weaker foreign currencies. Co issues guidance for FY09, sees EPS of $5.75-6.25, compared to $6.31 consensus.
(CNW) - short
Con-way swings to fourth-quarter loss of $43 million, or 94 cents a share, compared with a profit of $34.5 million, or 77 cents a share, in the year-ago period.
Netflix Inc.'s fourth-quarter profit climbed 45 percent to surpass analysts' estimates. Co also reports Q4 net subscriber additions 718K vs 530K Street expectation.
(MCK) - buy
McKesson boosts outlook. Co issues upside guidance for FY09, sees EPS of $4.15-4.30 vs. $4.03 consensus.
(TXN) - short
Texas Instruments Inc. reported a huge drop in quarterly profit and unveiled a plan to eliminate 3,400 jobs as the chip giant warned it expects a "prolonged economic weakness." Co issues downside guidance for Q1, sees EPS of ($0.11)-0.03 vs. $0.04 consensus.
(RGA) - short
Reinsurance Group of America Inc, posted quarterly earnings below market estimates, hurt by weak results at its U.S. segment and weaker foreign currencies. Co issues guidance for FY09, sees EPS of $5.75-6.25, compared to $6.31 consensus.
(CNW) - short
Con-way swings to fourth-quarter loss of $43 million, or 94 cents a share, compared with a profit of $34.5 million, or 77 cents a share, in the year-ago period.