Reynolds
American, Inc. (NYSE:RAI) lost 0.65% to $62.64. The company said
Thursday its third-quarter net profit rose to $381 million, or $1.30 a share,
from $362 million, or $1.24 a share, in the same period a year ago.
Sales rose 4% to $2.24 billion. The firm reaffirmed and
tightened its adjusted earnings-per-share guidance for 2010, and now expects
$4.95 to $5.05 versus prior guidance of $4.90 to $5.05.
The stock opened at $63 and is trading within the range
of $62.26-$63.35. The stock made its fresh 52-week high of $63.35.
Air
Products & Chemicals, Inc. (NYSE:APD) went down 0.29% to $84.68.
The company reported net profit for the fourth quarter of $272.1 million, or
$1.25 a share, against $243.9 million, or $1.13 a share.
A survey of analysts at FactSet Research was expecting
the company to earn $1.32 a share on sales of $2.34 billion.
The company guided for fiscal year 2011 in the range of
$5.50 to $5.70 per share, and for the first quarter of fiscal 2011 ending
December 31, 2010, it expects EPS between $1.31 and $1.35 a share.
Over the past 52-week, the stock traded within the range
of $64.13-$85.44. The stock went up more than 3% year-to-date.
E TRADE Financial Corporation
(NASDAQ:ETFC) is trading at $14 and decreased 0.99% from
the previous day’s close. The company reported that it swung to a third quarter
profit of $8 million, or 3 cents a share, from a loss of $855 million, or $6.74
a share, in the same quarter last year.
Revenue
dropped to $489 million from $575 million. Analysts, on average, expected the
company to report earnings of 3 cents per share on revenue of $317.43 million.
Over
the past 52-week, the stock had traded within the range of $11.15-$19.90. At
current market price, the market capitalization of the company is $3.09
billion.
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