CarMax (NYSE: KMX) the largest used car dealership chain announced its phenomenal third quarter ended results with soaring revenue. This was the second straight quarter of growth in revenue for the company and thus share prices reached a record high bringing good news for investors this Christmas. With reduced purchasing power and an economic slowdown in full swing, sale of used cars have an upper hand over brand new vehicles more »
Adobe Systems Inc (NASDAQ: ADBE) reported its phenomenal fourth quarter ended results bringing good news for the investors .This software manufacture company successfully completed the transition of its traditional software package into a cloud based subscription service at a cost of $94 million. Both, casual and professional users stand to benefit through this progress and the CEO of Adobe Mr. Mark Garrett assures investors that this step will be pivotal more »
Joy Global (NYSE: JOY) engages in the manufacture and servicing of mining equipment for the extraction of coal, copper, iron ore, oil sands, and other minerals. The company has a market cap of $6.13 billion and it is the world’s fourth largest mining equipment maker. The company reported its 4th quarter earnings which seemed to be a mixed bag for the investors as impressive quarter results were accompanied more »
Dollar General (NYSE: DG), the retailer giant reported a satisfying third quarter ended result on Tuesday with total sales increasing by a whopping 10.3%. Along with positive reports it also carried a lot of speculations about future prospects because of its cautious outlook and tough competition ahead. This puts the customers at a win win position with all retailers resorting to low prices in order to keep up with more »
Auto Zone (NYSE: AZO) has given investors every reason to be delighted by displaying attractive quarterly result. This company has been performing exceptionally well in the last few years, and this quarter hasn’t been different. With customers ready to replace their motor car parts in a jiffy rather than spending money on a new vehicle, AutoZone can run for a lot longer.
Figures in the Picture
AutoZone's net more »
SAIC Inc. (NYSE: SAI), a company providing scientific, technical and engineering solutions, reported satisfactory third quarter results on Dec. 5 2012. Even in the constrained and cautious market, the company has demonstrated commitment and growth.
Numbers Say It All
SAIC’s revenue for the third quarter was $2.87 billion, surging up by 3% YOY, while it’s diluted earnings per share was $0.33, up from $0.27 per more »
Medtronic Inc. (NYSE: MDT) reported yet another satisfactory 2nd quarter result with revenue of $4.1 billion, climbing up by 5%. Organic revenue growth of the company outperformed the medtech market by 200 basis points and exhibited a long standing track record of consistency.
Into The Numbers
The company earned a profit of $646 million for the second quarter. Its non-GAAP earnings of $902 million were flat, and diluted earnings more »