Author Archives: Greg Alcott

CIT Group Inc. (NYSE: CIT) reports Loss of $0.24 a share in Q2

CIT Group Inc. (NYSE:CIT), today said that the company posted a loss during the 2nd quarter as the company adopted fresh accounting system after coming out from bankruptcy protection during 2009. CIT Group the nation’s largest financial institution, financed the … Continue reading

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Six Flags Entertainment’s Revenue Jumps 5% in Q2

Six Flags Entertainment Corp (NYSE:SIX) today posted its 2nd-Quarter profit and an increase of 5% in revenue as many people joined the theme parks and spent more on comforts. The company reported its net income at $35 million, or 62 … Continue reading

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Abbott Laboratories Reports 11% Jump In Q2 Profit

Abbott Laboratories (NYSE:ABT) today reported that sales of drugs and nutritional in emerging markets has led to a 11% rise in profit during the 2nd quarter. The North Chicago, Ill.-based company said that the total sales of the company increased … Continue reading

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Cubic bags Port Security Contract in Panama

On Tuesday July 19, 2011, Cubic Corporation (NYSE:CUB) , one of the offspring of the parent company Cubic Corporation, which is primarily concerned with the Mission Support Services, has been offered a new contract, of ninth-month duration by the General … Continue reading

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HTC Corporation Shares Slump On Court Ruling

Smartphone maker HTC Corp. today said that it has filed a strong case as the U.S. International Trade Ruling Commission has made an appeal as it has been found out that HTC has violated two out of ten Apple Inc. … Continue reading

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