Filed under: Earnings reports, Blockbuster Inc 'A' (BBI), Adobe Systems (ADBE), Best Buy (BBY), Darden Restaurants (DRI), FedEx Corp (FDX), General Mills (GIS), Xerox Corp (XRX), NIKE, Inc'B' (NKE), Oracle Corp (ORCL), Palm Inc (PALM)
Here are some highlights from this past week's earnings coverage from BloggingStocks:
- Adobe Systems Inc. (NASDAQ: ADBE) reported better-than-expected Q1 results due to cost cutting.
- Best Buy Inc. (NYSE: BBY) received several upgrades ahead of its Q4 report on the demise of Circuit City.
- Blockbuster Inc. (NYSE: BBI) crushed analyst's expectations for Q4 as same-store sales rose.
- China Direct Industries Inc. (NASDAQ: CDII) Q4 earnings prospects resulted in an analyst's dowgrade.
- Darden Restaurants Inc. (NYSE: DRI) posted better-than-expected Q3 earnings and lifted its 2009 guidance.
- Energy Conversion Devices Inc. (NASDAQ: ENER) was downgraded after it lowered its guidance.
- FedEx Corp. (NYSE: FDX) fell short of Q3 earnings and revenue expectations due to economic conditions.
Continue reading Earnings highlights: FedEx, Nike, Oracle, General Mills, Palm, Adobe and more
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