iBankCoin
Joined Nov 11, 2007
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U.S. Equity Preview: $CREE, $CSX, $INTC, $IBM, $ISRG, $SYK, $URI, & $YHOO

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Cree Inc. (CREE) : The maker of energy-efficient lighting reported third-quarter earnings of 20 cents a share, missing the average analyst estimate by 1 cent.

CSX Corp. (CSX) : The biggest U.S. eastern railroad said first-quarter profit topped analysts’ estimates as freight shipments rose.

Intel Corp. (INTC) : The world’s largest semiconductor maker predicted higher second-quarter sales than some analysts had estimated as it ships new personal-computer and server chips and shortages of hard drives abate.

International Business Machines Corp. (IBM) : The world’s biggest computer-services provider reported first-quarter revenue was $24.67 billion, falling short of the average analyst estimate of $24.79 billion.

Intuitive Surgical Inc. (ISRG) : The maker of a robotic system to perform surgery reported first-quarter adjusted profit of $3.50 a share, surpassing the average analyst estimate of $3.12.

Stryker Corp. (SYK) : The maker of artificial hips and knees reported first-quarter sales of $2.16 billion, topping the average analyst estimate of $2.12 billion.

United Rentals Inc. (URI) : The construction-equipment rental company posted first-quarter revenue of $656 million, exceeding the average analyst estimate of $611.4 million.

Yahoo! Inc. (YHOO) : The largest U.S. Web portal reported earnings and sales that exceeded estimates as it benefited from growth in the online advertising market under newly appointed Chief Executive Officer Scott Thompson.”

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