Starbucks
Corporation (NASDAQ:SBUX) went up 0.99% to $30.47. The company last week said
that it earned $399.3 million, or 37 cents a share, on the period – up from
$199.4 million or 20 cents a share, in the same quarter a year ago.
Looking ahead, Starbucks said that it now expects 2011 earnings to
be in a range of $1.41 to $1.47 a share, up from a previous view of $1.36 to
$1.41 a share.
Over the past 52-week, the stock had traded within the range of $20.95-$31.30.
At today`s closing market price, the market capitalization of the company stood
at $22.55 billion.
Time
Warner Inc. (NYSE:TWX) added 0.31% to $31.92. The company reported last
week that third-quarter net income fell 21% on 1.8% higher revenue. Earnings
fell to $522 million or 46 cents a share, from $662 million, or 55 cents, in
the year-earlier quarter. Adjusted profit from continuing operations was 62
cents against 53 cents.
A survey of analysts by FactSet Research produced consensus
estimates of 53 cents a share of profit on $6.43 billion of revenue.
The 52-week range of the stock is $26.43-$34.07.
Hertz
Global Holdings, Inc. (NYSE:HTZ) added 2.88% to $12.51. Last
week, the company reported third quarter 2010 worldwide revenues of $2.2
billion, an increase of 7.1% year-over-year. Worldwide car rental revenues for
the quarter increased 8.3% to $1.9 billion. Revenues from worldwide equipment
rental for the third quarter were $281.2 million, up 0.2% over the prior year
period.
Over the past 52-week, the stock had traded within the range of $8.36-$15.60.
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