iBankCoin
Home / 2011 / April (page 9)

Monthly Archives: April 2011

JNJ Wraps Up Synthes Buyout

The transaction valued at $21.3 bln. Each share of Synthes common stock, will be exchanged for CHF55.65 in cash and CHF103.35 in JNJ common stock.

Comments »

Flash: Amazon.com sees Q2 operating income of $95-245 vs $356 mln consensus (32% y/y consensus growth)

Amazon.com reports Q1 (Mar) results, beats on revs; guides Q2 revs in-line  (182.30 -3.12)
Reports Q1 (Mar) earnings of $0.44 per share, may not be comparable to the Thomson Reuters consensus of $0.60; revenues rose 38.3% year/year to $9.86 bln vs the $9.53 bln consensus. Co issues in-line guidance for Q2, sees Q2 revs of $8.85-9.65 bln vs. $8.73 bln Thomson Reuters consensus.

Comments »

Flash: FormFactor beats by $0.10, beats on revs (10.70 +0.78) Reports Q1 (Mar) loss of $0.32 per share, ex-items, $0.10 better than the Thomson Reuters consensus of ($0.42); revenues fell 8.0% year/year to $40.4 mln vs the $36.9 mln consensus.

Reports Q1 (Mar) loss of $0.32 per share, ex-items, $0.10 better than the Thomson Reuters consensus of ($0.42); revenues fell 8.0% year/year to $40.4 mln vs the $36.9 mln consensus.

Comments »

Flash: Broadcom prelim GAAP $0.40 vs GAAP $0.35 Thomson Reuters consensus; revs $1.82 bln vs $1.81 bln Thomson Reuters consensus

Broadcom sees Q2 revs $1.75-1.85 bln vs $1.90 bln Thomson Reuters consensus; GAAP product margin up ~50 bps QoQ

Broadcom beats GAAP ests by $0.05, reports revs in-line; guides Q2 revs below consensus  (40.41 +0.25)
Reports Q1 (Mar) earnings of $0.40 per share, $0.05 better than the Thomson Reuters consensus of $0.35; revenues rose 24.2% year/year to $1.82 bln vs the $1.81 bln consensus. Co issues downside guidance for Q2, sees Q2 revs of $1.75-1.85 bln vs. $1.9 bln Thomson Reuters consensus, with product gross margin up ~50 bps QoQ from 48.9%. non-GAAP operating margin of 22.6% vs. the 21.3% consensus; gross margin: 50.7% product gross margin: 48.9%. “In addition, momentum continues to build around our innovative solutions. Following a record year in 2010, we had record design wins in the first quarter, which speaks to the continued underlying strength of our integrated solutions for the Home, Hand and Infrastructure markets.”

Comments »

Flash: Panera Bread beats by $0.02, reports revs in-line; guides Q2 EPS above consensus; guides FY11 EPS above consensus

Reports Q1 (Mar) earnings of $1.09 per share, $0.02 better than the Thomson Reuters consensus of $1.07; revenues rose 15.9% year/year to $422.1 mln vs the $420.2 mln consensus. PNRA reports Q1 operating margin of 12.6% vs 12.2% Street Expectations. Co issues upside guidance for Q2, sees EPS of $1.15-1.17 vs. $1.10 Thomson Reuters consensus. Co is targeting a 0 to 50 bps y/y improvement in operating margins. Co issues upside guidance for FY11, sees EPS of $4.47-4.51 vs. $4.46 Thomson Reuters consensus. The Company is narrowing its fiscal 2011 target for Company-owned comparable bakery-cafe sales growth to 5.0% to 6.0% from 4.0% to 6.0%. This target assumes transaction growth of 2.5% to 3.5% and average check growth of approximately 2.5%. The increased average check growth target is primarily a result of an incremental 1.0% price increase the Company intends to take to offset increased inflation in the latter part of 2011. The incremental price increase and increased inflation are expected to offset each other at the operating margin line and have no impact on the Company’s earnings per diluted share target.

Comments »

America Could Be King of Agriculture

Food inflation presents major problems for civility on this planet. America could benefit dramatically from a world in tight supply and rising prices.

Full article

Comments »