mohit | Shared With: Everyone - Jul 28 2008 | news, investment club, earnings
Historically, macaroni and cheese sales go up in a down economy. No difference this time around:
Quoted: Double digit revenue growth from the relaunch of Kraft pourable salad dressings and continued momentum of Kraft macaroni and cheese, as well as strong growth in Jell-O dry packaged desserts, was partially offset by pricing-related volume weakness in spoonable dressings such as Kraft mayonnaise and Miracle Whip.
- mohit | Shared With: Everyone - Jul 18 2008 | microsoft, business, earnings, online, technology, investment club
Microsoft is down 6% in after hours. I'm a little surprised since the results look reasonably good.
Quoted: Microsoft's revenue rose 18 percent for both its fiscal 2008 fourth quarter and year, but the company's Online Services Business (OSB), under scrutiny due to heated negotiations to purchase Yahoo's search business, continues to falter.
- mohit | Shared With: Everyone - Jul 18 2008 | google, business, advertising, earnings, investment club
Microsoft is way down, too.
Quoted: Google announced their Q2 results today after the market had closed. Shares are down by as much as 12% as earnings growth reported was below analysts expectations. Net income for the quarter was $1.25B, up from $925M. The company reported a profit of $4.63 per share, which was slightly below the $4.72 average expectation from Wall Street analysts.
- mohit | Shared With: Everyone - Jan 22 2008 | stocks, earnings, nasdaq, investing, investment club
Quoted: But Wall Street stock index futures tumbled more than 4 percent, suggesting a sharply lower open for Wall Street on Tuesday, after routs in Asian and European stock markets on Monday.
- mohit | Shared With: Everyone - Oct 27 2006 | investment club, microsoft, xbox, earnings, news
Looks like good news at first glance.
Quoted: Microsoft Corp. posted an 11 per cent rise in its first quarter net profit Thursday as the company said its database division put up a strong performance and server software sales grew beyond expectations. Net profit reached $3.48 billion from $3.14 billion in the year-earlier period, while revenue grew -- also 11 per cent -- to $10.8 billion.
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