Cognizant Technology Solutions (CTSH) is in the business of information technology, or more specifically technology strategy consulting. Essentially, they consult other businesses on how to more efficiently run their current...
Read MoreDiscovery Communications (DISCA), the parent company for the Discovery Channel and other television networks, reported a quadrupling of net income in the second quarter. The TV network operator reported net income of $183...
Read MoreThe world’s largest meat producer, Tyson Foods (TSN), reported a very respectable third quarter performance on Monday evening. Far better than last year’s 3 cents per share of EPS, Tyson reported 35 cents this...
Read MoreCentex Corp. (CTX) reported an EPS from continuing operations of $.68, but the results were greatly improved by a $3.31 per share tax benefit. Revenue was down 49% overall, and 47% in the home building operations. Analysts had...
Read MoreFord Motors (F), along with other major automakers, reported sales results from the month of July, and in Ford’s case it was the first increase since November 2007. The company delivered 165,279 vehicles last month...
Read MoreThe equity markets rose about one percent last week, which brings the price-to-peak earnings multiple to 11.1x. The rally’s reemergence during July was indeed impressive after faltering in late June on questions over the...
Read MoreOn Tuesday, we wrote about Deutsche Bank’s (DB) earnings release which signaled the bank was protecting itself against further difficulty ahead (A Cautious Tone for Deutsche Bank). The bank worried investors by devoting a...
Read More
