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Gartner Incorporated (IT), a Connecticut based information technology research company, said its first quarter profit more than doubled. The company communicated that its impressive earnings growth was due largely to greater contract revenue. This is likely to motivate stock trading as the growth is attributed directly to the company’s business operations.
The company said its net […]

Verizon Communications (VZ) announced a first quarter profit rise of 9.8 percent during its first quarter of 2008, compared to the same quarter last year. This amounted to earnings of $1.64 billion for the period that ended March 31. The company credited a gain of 1.5 million new wireless subscribers with much of the impact […]

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 […]

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 […]

Los Angeles based Darden Restaurants, Incorporated (DRI) gave stock trading investors a reason to be exited by announcing a strong profit for its fiscal third quarter. The parent company of well known restaurants Olive Garden and Red Lobster, recently acquired LongHorn Steakhouse and Capital Grille chains, which it said boosted revenue and profit.
Lead by sales […]

New York based children’s clothing retailer, Gymboree Corporation (GYMB), announced a very strong fiscal fourth quarter earnings season that ignited after hours stock trading. The company said its profit was 10% higher for its further quarter this year compared to its fourth quarter from last year.
Revenue that outpaced analyst estimates was cited as the […]

Ensco International (ESV), an offshore drilling company gave its stock help by reporting a strong 13% increase in profits for its fiscal fourth quarter. Lead by higher day rates for its rigs, the company best Wall Street analysts significantly to help inspire stock trading.
Fourth quarter net income of $238.6 million translates into a remarkable $1.66 […]

Counter to recent developments in the retail environment, Framingham, Massachusetts based off-price retailer TJX (TJX) saw a huge spike in its fourth quarter profits. The company, which operates such retail brands as TJ Maxx and Marshalls, says improvements in inventory management, cost controls, and marketing helped lead to the strong showing.
The surprisingly strong report gave […]

It was a mixed bag for EMC Corporation (EMC) during its fourth quarter earnings announcement. The company boasted a 35% jump in fourth quarter profit from the previous year, thanks to widespread revenue growth. The company did warn that 2008 earnings would likely be below current analyst targets.
EMC is a leading data storage vendor. Net […]

Prowling bear:
A pesky bearish market has been prowling around as of late, and generally, covered call investing positions don’t fair too well in a bearish market. A method of covered call investing in bearish markets is to take a defensive strategy, i.e. selecting covered call positions for defensive stocks.

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