Archive for July 27, 2010
Lexmark Q2 Profit Rises Five-fold; Guides Q3 Above View – Update
Printing and imaging products maker Lexmark International Inc. (LXK) on Tuesday reported a five-fold increase in profit for the second quarter from last year, driven by strong sales of printers and supplies in addition to improved demand for services. The latest quarter’s results also include fewer charges as compared to the prior-year period.
Ametek Q2 Profit, Revenue Top Estimates; Guides Q3, FY’10 EPS Inline – Update
Tuesday, Ametek Inc. (AME), a maker of precision instruments, reported higher second-quarter earnings, driven by lower cost structure and significant increase in orders that translated into strong top-line performance. Both earnings and revenue for the quarter came in above Wall Street’s expectations. The company also forecast year-over-year earnings growth of 58% to 63% for the [...]
Heritage Oil Completes Disposal Of Ugandan Interests; Plans To Pay Special Dividend
Upstream exploration and production company Heritage Oil plc Tuesday said that Heritage Oil & Gas Ltd. has completed the disposal of its entire interests in Block 1 and Block 3A in Uganda. The company also plans to pay a special dividend of up to 100 pence per share in August.
BE Aerospace Q2 Profit Rises; Boosts Full-Year Earnings Outlook – Update
Aircraft cabin interior products maker B/E Aerospace (BEAV) Tuesday reported higher second-quarter profit, with 1.9% revenue growth, driven by higher commercial aircraft segment revenues. The company raised its full-year earnings outlook.