News Focus
News Focus
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3xBuBu

12/19/08 9:20 AM

#41177 RE: MRCapital #41176

Stocks expected to move significantly in Friday's trading include Oracle Corp., Research in Motion Ltd. and Weyerhaeuser Co.
RIMM saw its earnings rise in its fiscal third quarter as the smartphone maker issued a forecast for the current period that was above Wall Street's estimates. For the quarter ended Nov. 31, RIM posted earnings of $396.3 million, or 69 cents a share, compared to earnings of $370.5 million, or 65 cents a share, for the same period last year. Excluding certain charges, the company said it would have earned $477.3 million, or 83 cents a share, for the period. Revenue grew 66% to $2.78 billion. The results were in line with the company's pre-announcement two weeks ago. For the current period, RIM said it expects to earn between 83-91 cents a share on revenue of $3.3 billion and $3.5 billion. Analysts were expecting earnings of 86 cents a share on revenue of $3 billion, according to consensus estimates from FactSet Research.
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3xBuBu

12/19/08 9:21 AM

#41178 RE: MRCapital #41176

3X Bull: BGU TNA ERX FAS on watch
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