News / Business
Stocks Movers After Earnings (AWK, SATS, PEP)
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American Water Works Co., Inc. (Public, NYSE:AWK) fell 3.65% to $21.45 after it reported today a fourth-quarter net income of $36.4 million, or $0.21 per share. Analysts had expected AWK to report earnings of $0.25 per share. Operating revenue was $597.8 million, as compared to $568.6 million for the same quarter last year.
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Echostar Corporation (Public, NASDAQ:SATS) fell 1% to $19.95 after its fourth quarter loss reduced to $30.4 million, or $0.37 per share, from $703.8 million, or $7.89 per share loss in the year ago period. Revenue increased to $557.9 million from $496.4 million for the same quarter last year.
PepsiCo, Inc. (Public, NYSE:PEP) jumped 1% to $62.98 after it reaffirmed today its fiscal 2010 earnings per share guidance to range in between 11% to 13% growth rate. PEP expects to achieve low-double-digit core constant currency EPS growth in fiscal 2011 and fiscal 2012.
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