http://www.rttnews.comGlobal financial news, market analysis, economics and forex newsen-usTue, 09 Feb 2010 18:45:09 GMTBeer brewer Molson Coors Brewing Co., Tuesday, reported a more than two-fold rise in its fourth-quarter profit, helped by income tax benefits. Worldwide beer volume declined, amid challenging markets and weak global economy. Separately, MillerCoors, the joint venture between Molson Coors and SABMiller plc, posted higher profit for the fourth quarter, reflecting lower one-time charges.http://www.rttnews.com/ArticleView.aspx?Id=1205734Tue, 09 Feb 2010 15:20:32 GMTBeverages giant Coca-Cola Co. reported Tuesday a 55% rise in fourth-quarter profit as revenues increased from the prior year, helped by positive concentrate pricing as well as geographic country mix. In addition, earnings per share were positively impacted by relative weakness of the U.S. Dollar. The company noted that worldwide unit case volume grew 5% during the quarter, driven by international volume growth of 6%.http://www.rttnews.com/ArticleView.aspx?Id=1205719Tue, 09 Feb 2010 15:09:59 GMTBiotechnology company Biogen Idec Inc. on Tuesday reported a sharp rise in fourth-quarter profit, which surpassed Street view, benefited mainly by a 39% growth in revenues from Tysabri and lower costs. The company also provided an earnings guidance for the full year 2010, which is above analysts' current estimates. For the fourth quarter, net profit attributable to company was $305.64 million, up 48% from $206.65 million in the prior-year period.http://www.rttnews.com/ArticleView.aspx?Id=1205708Tue, 09 Feb 2010 15:01:49 GMTMartin Marietta Materials Inc. (MLM), a provider of aggregates for the construction industry, on Tuesday reported a net loss for the fourth quarter compared to a profit in the year-ago period. The latest quarter's results were negatively impacted by a legal reserve as well as a 20% decline in revenues. http://www.rttnews.com/ArticleView.aspx?Id=1205684Tue, 09 Feb 2010 14:39:15 GMTPulte Homes Inc. Tuesday said fourth-quarter net loss narrowed from the previous year, helped by income tax benefits. Home sales increased over 5% in the just concluded quarter, while average selling price declined from last year. New orders in the quarter more than doubled partly due to the acquisition of Centex Corp. The company's fourth-quarter net loss narrowed to $116.90 million or $0.31 per share from $338.17 million or $1.33 per share in the previous year.http://www.rttnews.com/ArticleView.aspx?Id=1205565Tue, 09 Feb 2010 13:21:34 GMTCameron International Corp., a provider of flow equipment products, systems and services to the oil industry, on Tuesday reported a 33% decline in earnings for the fourth quarter from the same period last year, hurt by higher charges and a 4% decline in revenues. Margins declined across several product lines, while a larger portion of the company's revenues was related to its subsea projects, which typically carry lower margins.http://www.rttnews.com/ArticleView.aspx?Id=1205512Tue, 09 Feb 2010 13:01:25 GMTAgricultural nutrients maker Agrium Inc. (AGU, AGU.TO) on Tuesday posted a steep decline in fourth-quarter profit, hampered by lower selling prices. However, the company said it sees increasing signs of strong demand for crop nutrients and other crop inputs.http://www.rttnews.com/ArticleView.aspx?Id=1205454Tue, 09 Feb 2010 12:35:37 GMTDiversified managed healthcare company Coventry Health Care Inc. (CVH) on Tuesday posted higher profit for the fourth quarter, reflecting a 15.2% growth in revenues. Further, the company issued a financial forecast for the full year 2010.http://www.rttnews.com/ArticleView.aspx?Id=1205363Tue, 09 Feb 2010 12:03:33 GMTInformation technology services provider Cognizant Technology Solutions Corp. (CTSH) Tuesday said its fourth-quarter profit grew over 28% from last year, helped by a 20% increase in revenues. Further, the company guided the first quarter and full year 2010 above Wall Street expectation.http://www.rttnews.com/ArticleView.aspx?Id=1205325Tue, 09 Feb 2010 11:47:40 GMTTuesday, Cameron International Corp. (CAM) reported fourth-quarter net income of $97.3 million or $0.41 per share, compared to net income of $146.0 million or $0.66 per share in the same quarter last year.http://www.rttnews.com/ArticleView.aspx?Id=1205293Tue, 09 Feb 2010 11:33:36 GMTTuesday, Cameron International Corp. (CAM) reported fourth-quarter net income of $97.3 million or $0.41 per share, compared to net income of $146.0 million or $0.66 per share in the same quarter last year.http://www.rttnews.com/ArticleView.aspx?Id=1205280Tue, 09 Feb 2010 11:28:40 GMTDiverse exchange group NYSE Euronext Inc. reported Tuesday a profit for the fourth quarter compared to last year's loss, citing an increasing momentum in the company's business model as well as the continuing benefit from various cost reduction programs. The result also reflects the absense of a non-cash impairment charge recorded in the previous year. On a non-GAAP basis, net income increased from the prior year and exceeded analysts' expectations.http://www.rttnews.com/ArticleView.aspx?Id=1205271Tue, 09 Feb 2010 11:23:56 GMTBritish insurance company Beazley Plc (BEZ.L) Tuesday reported a 15% rise in pre-tax profit for the full year 2009 on a 27% growth in gross premiums written, helped primarily by profitable deployment of new capital, impact of First State and Momentum Underwriting acquisitions, and a relatively stronger US dollar.http://www.rttnews.com/ArticleView.aspx?Id=1205190Tue, 09 Feb 2010 10:46:03 GMTSewerage and waste management company Pennon Group Plc (PNN.L) said Tuesday, in its interim management statement for the period since October 1, 2009, that its financial performance was in line with management expectations. Further, the group informed that South West Water is on track to meet K4 regulatory contract while Viridor would record higher profits for the full year.http://www.rttnews.com/ArticleView.aspx?Id=1205187Tue, 09 Feb 2010 10:44:43 GMTReal estate investment trust British Land Co. Plc (BLND.L) Tuesday reported an 18% sequential growth in net asset value for the third quarter, and an 8.2% improvement in portfolio valuation. The company also reported a profit for the quarter, compared with a loss last year.http://www.rttnews.com/ArticleView.aspx?Id=1205168Tue, 09 Feb 2010 10:20:47 GMTSwiss banking giant UBS AG reported Tuesday a profit for the fourth quarter compared to losses reported for the last quarter and prior year periods, benefiting from higher net interest income and lower costs. The year-over-year turnaround also reflected much lower trading loss. However, outflows soared sequentially, and chief executive Oswald Grbel said addressing the causes of net new money outflows remains a main priority.http://www.rttnews.com/ArticleView.aspx?Id=1205069Tue, 09 Feb 2010 08:37:26 GMTLeisure travel group TUI Travel plc. (TT.L, TTVLF.PK) Tuesday reported a wider loss for the first quarter, owing mainly to capacity-led volume declines and a tough comparison with the previous year. Looking ahead, the company said it is confident of meeting the board's expectations for the full year.http://www.rttnews.com/ArticleView.aspx?Id=1205031Tue, 09 Feb 2010 07:38:20 GMTRigid container maker Bway Holding Co. (BWY) reported Monday a better-than-expected profit for its first quarter compared to a loss last year. The turnaround reflected benefits from acquisitions as well as higher realized selling price passed through to customers. The company also initiated a second-quarter adjusted earnings outlook, below consensus, while reaffirming its full-year view. http://www.rttnews.com/ArticleView.aspx?Id=1204983Tue, 09 Feb 2010 07:00:15 GMTConstruction aggregates and materials manufacturer Vulcan Materials Co. (VMC) reported Monday a loss for the fourth quarter that sharply narrowed from last year as the year-ago quarter included a significant goodwill impairment, despite a drop in quarterly revenues amid continued weakness in private construction activity, and extremely wet weather. The company also expects fiscal 2010 to be the largest year of stimulus-related highway demand for its products followed by another solid year in 2011.http://www.rttnews.com/ArticleView.aspx?Id=1204796Mon, 09 Feb 2010 02:17:06 GMTReal estate investment holding trust Liberty Property Trust (LRY) on Monday reported a net loss for the fourth quarter, compared to a profit in the year-ago period. The latest quarter's results were impacted by an impairment charge. Excluding items, funds from operations or FFO per share for the quarter matched analysts' consensus estimate.http://www.rttnews.com/ArticleView.aspx?Id=1204768Mon, 09 Feb 2010 01:15:04 GMTSpeech-based solutions provider Nuance Communications, Inc. (NUAN) on Monday reported a net loss for the first quarter that narrowed from last year, aided by a 21% increase in revenues and higher operating margins. On an adjusted basis, earnings per share for the quarter topped analysts' consensus estimate by two cents. http://www.rttnews.com/ArticleView.aspx?Id=1204723Mon, 08 Feb 2010 23:56:23 GMTRetirement and investment products provider Principal Financial Group Inc. reported on Monday, an increase in profit helped by lower expenses, notwithstanding a decline in revenues. However, both earnings and revenues came in short of Street estimates.http://www.rttnews.com/ArticleView.aspx?Id=1204709Mon, 08 Feb 2010 23:35:59 GMTAudio equipment maker Harman International Industries, Inc. (HAR) reported a swing to second-quarter profit on Monday, benefiting from lower impairment charges, cost cuts, and higher revenues in all the three major business segments. Following the better-than-expected results, Harman shares gained more than 7% in after-hours trading.http://www.rttnews.com/ArticleView.aspx?Id=1204650Mon, 08 Feb 2010 22:31:42 GMTLife insurance service provider, Lincoln Financial Group, Monday reported a swing to profit in its fourth quarter, buoyed by robust performance of its retirement and insurance solutions segments. Earnings missed estimates, as did revenues despite improving from a year ago level. Net income available to common stockholders was $84.1 million or $0.27 per share for the quarter, compared to a loss of $505.5 million or $1.98 per share in the same quarter a year ago.http://www.rttnews.com/ArticleView.aspx?Id=1204645Mon, 08 Feb 2010 22:27:02 GMTMicrocontroller and touch solutions provider Atmel Corp., Monday reported a loss for the fourth quarter that widened from the previous year, reflecting lower margins, higher operating expenses, and an asset impairment charge that more than offset a 3% increase in revenues. The company, however, posted an adjusted profit for the quarter that surged from last year. The San Jose, California-based company's net loss for the fourth quarter was $76.94 million or $0.17 per share.http://www.rttnews.com/ArticleView.aspx?Id=1204607Mon, 08 Feb 2010 21:47:17 GMTStock exchange operator Nasdaq OMX Group Inc. on Monday reported a 23% increase in profit for the fourth quarter from last year, aided by a gain on sale of businesses, lower expenses and a tax benefit. However, adjusted earnings per share for the quarter declined 12% from the prior-year period. Revenues for the fourth quarter, less liquidity rebates, brokerage, clearance and exchange fees, declined 8%.http://www.rttnews.com/ArticleView.aspx?Id=1204036Mon, 08 Feb 2010 13:48:27 GMTTransportation firm Vitran Corp., Inc. (VTNC, VTN.TO) reported Monday a narrower net loss for the fourth quarter helped by a 7% increase in revenues and absense of a one-time non-cash goodwill impairment charge recorded in the prior year.http://www.rttnews.com/ArticleView.aspx?Id=1204026Mon, 08 Feb 2010 13:42:28 GMTChina Agritech Inc. (CAGC), whose two-for-one-forward split of its common stock, which will be reflected beginning Monday's opening trade, announced stellar preliminary results for 2009 and issued an upbeat revenue outlook for the year ending December 31, 2010.http://www.rttnews.com/ArticleView.aspx?Id=1203894Mon, 08 Feb 2010 12:56:47 GMTCigarettes maker Lorillard Inc. on Monday posted a decline in fourth-quarter profit, as it incurred higher manufacturing, pension and other costs. However, quarterly sales rose from last year on increased federal excise taxes as well as prices.http://www.rttnews.com/ArticleView.aspx?Id=1203885Mon, 08 Feb 2010 12:53:32 GMTDiversified holding company Loews Corp., Monday, reported a profit for the fourth quarter of fiscal 2009, compared with a loss last year. The turnaround reflected higher limited partnership results as well as investment gains at CNA.http://www.rttnews.com/ArticleView.aspx?Id=1203883Mon, 08 Feb 2010 12:52:44 GMT