24
11
2007
Earnings highlights: HP, Freddie Mac, Deere, Target, and others
Posted by: in Stocks Money NewsFiled under: Earnings reports, Dell (DELL), Hewlett-Packard (HPQ), Target Corp. (TGT), Whole Foods Market (WFMI), Lowe’s Cos (LOW), Office Depot (ODP), QUALCOMM Inc (QCOM), Deere and Co (DE)
Here are some highlights of this past week’s earnings coverage from BloggingStocks:
- Air France-KLM (NYSE: AKH) nearly doubled Q2 profits, and may make offers for some European rivals.
- Blue Coat Systems, Inc. (NASDAQ: BCSI) beat expectations and raised its guidance.
- Deere & Co. (NYSE: DE) posted strong results and announced approval of a stock split.
- Freddie Mac (NYSE: FRE) reported a $2 billion loss for the third quarter.
- Hewlett-Packard Co. (NYSE: HPQ) beat expectations for the eleventh straight quarter.
- Lowe’s Cos. (NYSE: LOW) sales and profits declined due to the housing slump.
- Nordstrom Inc. (NYSE: JWN) easily beat estimates, signaling strength among luxury retailers.
- Office Depot Inc. (NYSE: ODP) beat estimates but lowered its Q4 outlook.
- Target Corp. (NYSE: TGT) fell short of expectations and announced a share buyback.
- Whole Foods Market Inc. (NASDAQ: WFMI) reported weak earnings but raised its dividend.
Douglas McIntyre ponders whether HP’s results put pressure on Dell Inc. (NASDAQ: DELL) ahead of Dell’s impending report, and he also examines Qualcomm Inc.’s (NASDAQ: QCOM) future earnings difficulties.
Upcoming results to watch for include: Dell Inc. and Sears Holdings (NASDAQ: SHLD).
Visit AOL Money & Finance for more earnings coverage.
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