PowerOptions WeBlog

Fast food giant McDonald’s (MCD) announced a 24% jump in first quarter profits for its January through March quarter. The company is one of several international businesses that have benefited from geographic diversity and the weak dollar, in light of US economic challenges.
The company, based on Oakbrook, Illinois, a suburb of Chicago, said it earned [...]

Google (GOOG) sent a surge through the stock trading markets by reporting a 30 percent spike in its first quarter profits. This easily topped analyst expectations, and the after hours report ended a day of anxious anticipation that saw the stock’s price dip over $5. The company’s stock has been on a gradual decline over [...]

Blue chip technology leader IBM (IBM) excited the US stock trading markets with an exciting first quarter earnings report. First quarter profits jumped a remarkable 26% for the Armonk, New York based company. It also blew away analyst estimates for the quarter, which is always a motivator for trading portfolio additions.
For it fiscal first quarter, [...]

Acuity Brands (AYI) is a leading lighting equipment maker based out of New York. The company recently announced a sharp rise in its second quarter profits. Net income for the quarter was $34.1 million, or 82 cents per share. This strong performance led to an immediate stock trading surge as stock investing picked up after [...]

Houston based Mitchum Industries (MIND), a geophysical equipment maker, announced fourth quarter and annual 2008 record earnings results. The company smashed analyst estimates of 27 cents per share for its fourth quarter by earning 32 cents per share. Net income was $3.3, which smashed last year’s fourth quarter earnings of $730,000 and 7 cents per [...]

Martinsville, Virginia based Hooker Furniture (HOFT), a furniture maker, reported a strong fourth quarter profit for its fiscal quarter. The company reported a $4.6 million profit, or 39 cents per share, for the quarter that ended on February 3. This was a huge improvement for the company, which reported a loss of $18.4 million during [...]

The Monsanto Company (MON),a multinational agricultural biotechnology corporation, delivered great news to the stock investing community with incredible second quarter growth this year: $3.8 billon. This amazing 45 percent growth in revenues over last year’s effort was driven by domestic and international growth. The Monsanto Company is the world’s leading producer of the herbicide glyphosate, [...]

Research in Motion (RIMM), a Blackberry maker, announced a hugely successful fiscal fourth quarter. The company’s quarter ended on March 1. Earning for the quarter were $412.5 million, which equals 72 cents per share. The profit more than doubled from $187.4 million and 33 cents per share during last year’s fourth quarter. Stock trading intensified [...]

New York based Paychex (PAYX) met Wall Street estimates by netting 39 cents per share during its fiscal 3rd quarter. Profits were up 13% for the quarter, which matched analyst expectations. The company, known as a payroll processor, is fast turning into a full service human resource specialist.
Revenue for its third quarter was $532.2 million, [...]

San Francisco based drug store chain Walgreens Company (WAG) announced a 5.2% profit increase during its fiscal second quarter compared with last year’s second quarter. This was above analysts estimates for the company. The company credited much of the growth in profit to better cost control measures and stronger sales at established stores.
The company’s profit [...]