Wednesday, 11 July 2012

Earning Watch



v Shares of A. Schulman (SHLMnewschartprofile) jumped 5% in after-hours trading Monday after the plastics manufacturer said that despite reporting lower quarterly earnings, it planned to still support its dividend and share buyback program.
v Price Smart falls 6% on weakened earnings report.
v AMD cuts forecast, shares fall, Shares of Advanced Micro Devices fell more than 3% in after-hours trading on Monday after the company pre-announced its second-quarter results, saying it expects lower-than-expected revenue.
v Applied Materials lowers outlook, shares slump.v Mako plunges 40% on sales forecast, Shares of Mako Surgical Corp.plunged 40% to $14.80 on Tuesday, the day after the medical-device maker lowered its full-year financial forecast.
v Cummins raises dividend, warns on revenue, Cummins Inc. (CMInewschartprofile) said Tuesday that its board approved a boost in the company's quarterly cash dividend by 25% to 50 cents a share. The dividend is payable Sept. 1 to shareholders of record as of Aug. 22

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