Beacon Equity Research announces the release of Trade Alerts covering Market Movers: Hospira Inc. (NYSE: HSP), Holly Corp. (NYSE: HOC), Wyndham Worldwide Corp. (NYSE: WYN), Medtronic Inc. (NYSE: MDT), Smithfield Foods Inc. (NYSE: SFD) and Microsoft Corp. (Nasdaq: MSFT).
In the Trade Alert, the author highlights Hospira’s reporting higher fourth-quarter profit:
“Hospira Inc. (HSP) shares fell 3.19% to $25.52 Tuesday mid-day. Hospira, a pharmaceutical and medication delivery company, engages in the development, manufacture and marketing of specialty injectable pharmaceuticals and medication delivery systems that deliver drugs and intravenous fluids in the United States and internationally. … The company recently reported higher profit for its fourth quarter, driven by lower one-time charges and expenses, despite a 3.4% drop in net sales. Hospira said its quarterly earnings per share rose 23.8% on an adjusted basis and topped market projections.”
The Trade Alert author also featured Holly’s fourth-quarter profit rising, while its full-year earnings sink:
“Holly Corp. (HOC) shares slipped 1.40% to hit $25.37 Tuesday mid-day. Holly and its subsidiaries operate as a petroleum refiner in the United States. … The oil refiner recently reported its fourth-quarter profit rose 1.5%, driven by an increase in refined product margins, but its full-year earnings tumbled 64% due to margin declines in the first half of 2008, when crude oil prices were soaring. … The company's net income for the fourth-quarter of 2008 was $50.6 million, or $1.01 a share, compared with $49.8 million, or 90 cents a share, in the year-ago quarter. Excluding a gain on the sale of oil and gas properties and an unrealized loss recognized on equity securities, net income for the quarter was 98 cents a share, according to Reuters Estimates. Analysts had expected earnings of 57 cents a share.”
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Source: BeaconEquity.com
Beacon Equity Research
Jeff Bishop, (469)-252-3505
press@beaconequity.com
