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Earnings Watch For June 28 (ACN, FDO, NKE, TIBX, RIMM)

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6/28/2012 5:06 AM ET

IT services company Accenture Plc (ACN: Quote) is expected to report results for the third quarter. The company is expected to earn $0.99 per share on revenues of $7.16 billion, while in the year-ago quarter, earnings and revenue were $0.93 per share and $6.72 billion respectively. The shares closed Wednesday at $55.87. (The stock up about 21% in Q3; MA(50)- $59.59; MA(100)- $60.51; 52-wk H/L $65.89/$47.40)

Family Dollar Stores Inc. (FDO: Quote) is due to post third-quarter results. The retail discounter is expected to record earnings of $1.07 per share versus $0.91 per share last year, on revenues of $2.37 billion. Shares of FDO closed Wednesday's trade at $69.13. (The stock rose almost 10% in Q3; MA(50)- $68.24; MA(100)- $63.22; 52-wk H/L $74.73/$44.42)

Nike Inc. (NKE: Quote) is scheduled to report fourth-quarter results. The world's largest maker of athletic shoes and apparel is expected to post earnings of $1.37 per share, higher than the year-ago quarter's $1.24 per share. Also, the company is anticipated to generate revenues of $6.52 billion compared to $5.77 billion in the prior-year quarter. The company's shares closed Wednesday's session at $98.11. (The stock gained nearly 13% in Q4; MA(50)- $106.74; MA(100)- $107.44; 52-wk H/L $114.81/$76.98)

TIBCO Software Inc. (TIBX: Quote) is slated to report results for the second quarter. Earnings and revenue for the quarter are expected to be $0.23 per share and $244.87 million respectively. In the same quarter a year earlier, the company posted earnings of $0.21 per share on revenues of $216.42 million. The stock closed Wednesday at $27.04. (The stock up about 28% in Q2; MA(50)- $29.21; MA(100)- $29.64; 52-wk H/L $34.67/$18.43)

Research In Motion Ltd. (RIMM: Quote) will post first-quarter results today. The Canadian smartphone maker is expected to report a loss of $0.01 per share compared to profit of $1.33 per share last year, with revenues estimated at $3.11 billion. The company's shares closed Wednesday's regular trading at $9.18. (The stock rose almost 1% in Q1; MA(50)- $11.39; MA(100)- $12.73; 52-wk H/L $33.54/$8.83)

AZZ Inc. (AZZ), MSC Industrial Direct Co. Inc. (MSM), Smith & Wesson Holding Corp. (SWHC), American Greetings Corp. (AM), Greenbrier Companies (GBX), Schnitzer Steel Industries Inc. (SCHN), Shaw Communications, Inc. (SJR) and Worthington Industries, Inc. (WOR) are also expected to report their results today.

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by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

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Editors Pick
While selling pressure has remained subdued, stocks continue to see modest weakness in mid-day trading on Wednesday. The losses on the day are partly offsetting the gains posted over the course of the two previous sessions. The major averages have moved to the downside in recent trading, with the Nasdaq hitting a new low for the session. Providing a potential boost to comprehensive immigration reform, the non-partisan Congressional Budget Office has estimated that the immigration bill currently being debated in the Senate would result in a notable reduction to the federal budget deficit. Along a dirt track on an unexpectedly cool and windy night on Jordan's border with Syria, as shadows lengthened across the barren hills, UNHCR Special Envoy Angelina Jolie listened to the stories of men, women and children who had fled Syria just hours before. She heard stories of bombs and pain and loss from people fleeing Homs, Dara'a and Qusair, three of the communities devastated by the Sy
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