Dallas 7/28/2010 10:47:35 PM
News / Business

US Stocks With Earnings Releases (WLP, NEM, MT)

US Stocks

WellPoint Inc. (NYSE:WLP) has reported strong quarterly numbers. The company’s earnings for the quarter rose 4.2 percent. Its net income for the second quarter stood at $722.4 million, or $1.71 per share, up from $1.43 apiece a year earlier.

 

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The company stock closed at $52.80 yesterday, after losing 0.73%. However, in pre market hours, it is trading 0.57% higher at $52.80. In the last 52 weeks, the stock has traded in the range of $44.04-$70.00. WellPoint Inc.’s 50-days moving average is $52.04, whereas its 200-days moving average stands at $56.33. The company’s beta is 0.99 and its EPS is $10.87. WellPoint Inc.’s market cap is $22.56 billion.

 

Newmont Mining Corporation (NYSE:NEM) has more than doubled its profits for the quarter. It also increased its quarterly dividend to 15 cents a share, up by 50%. This raise will cost the company $100 million a year. The company’s profit stood at $382 million, up from $162 million a year earlier. 

Newmont Mining stock closed 3.99% lower yesterday, at $55.78. In pre market hours, the stock has lost further 1.17% and is trading at $55.13. The company’s beta is 0.55, while its EPS is $3.38. Its market cap stands at $27.4 billion. Newmont Mining’s 50 days moving average is $57.60. Its 200-days moving average is $51.62.

 

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ArcelorMittal (NYSE:MT) has announced a 10 percent increase in its prices for steel. It also predicted weakened demand for the metal. The company has recorded a net profit of $1.7 billion for the quarter, in comparison to a net loss of $792 million a year earlier. The consensus estimates were at $1.26 billion. ArcelorMittal’s revenue for the quarter is $21.65 billio, up from $15.2 billion a year ago.

ArcelorMittal stock lost 1.72% yesterday and closed at $32.02. During the pre market hours, the stock is trading at $31.71 down 0.97%. The company’s 50 days moving average is $29.76 and its 200 days moving average is $37.82. The stock’s EPS is $1.11 and its beta is 2.19. The company’s market cap is $48.34 billion.

 

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