Author Archives: Lisa Jimenez

Sara Lee Reports Small 3Q Loss Prior To Spinoff – NYSE:SLE

Sara Lee Corp. (NYSE:SLE) posted a small loss for its fiscal Q3 on Thursday, as the packaged food company wrote down one-time costs associated to the intended spinoff of its coffee and tea business. The maker of Hillshire Farm, Jimmy … Continue reading

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Lower Sales Weighs on JDS Uniphase; Swings to Loss in Q3 – NASDAQ:JDSU

JDS Uniphase Corporation (NASDAQ:JDSU) turned to a fiscal Q3 loss as the broadband-products maker saw a decline in sales in its core test-and-measurement and communications-and-optical-products units. Chief Executive Tom Waechter commented that the company saw lower than anticipated revenue in … Continue reading

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Generic Lipitor Weighs on Pfizer Q1 Earnings; Net Down 19% – NYSE:PFE

Pfizer Inc. (NYSE:PFE) announced Tuesday that its Q1 profit dropped 19%, mostly because new generic opposition to its blockbuster cholesterol pill Lipitor cut US sales by 15% as the drugmaker offered giant rebates and discounts to keep patients on its … Continue reading

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Strong Generics Send Watson Pharma Profit 22% Higher – NYSE:WPI

Watson Pharmaceuticals, Inc. (NYSE:WPI)’s Q1 earnings increased 22% as the drug maker posted sharply higher revenue with an increase from new generic drugs and as its branded pharmaceuticals and distribution business as well announced double-digit expansion. For the year, the … Continue reading

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Zynga Narrowly Surpasses Estimates; Reports Loss – NASDAQ:ZNGA

Zynga Inc. (NASDAQ:ZNGA) announced a net loss for the Q1 on Thursday afternoon, though revised earnings and bookings came in ahead of Wall Street’s forecasts for the period. The results as well showed a sharp climb in costs for the … Continue reading

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