Company News for October 11, 2012 - Corporate Summary

By Zacks.com,  October 11, 2012, 09:53:13 AM EDT

•    Shares of FedEx Corporation (NYSE: FDX ) jumped 5.2% after it announced cost-cutting measures and set a $1.7 billion "profitability improvement" target in the next three years

•    Alcoa, Inc. (NYSE: AA ) reported a third quarter loss of $0.13 per share after close of markets on Tuesday and eventually the shares tumbled 4.6%. However, excluding one-time special items, the company reported earnings of $0.03, ahead of Zacks Consensus Estimate of break-even number

•    Costco Wholesale Corporation (NASDAQ: COST ) reported fourth-quarter 2012 earnings of $1.39 per share, outpacing the Zacks Consensus Estimate of $1.30

•    Yum! Brands, Inc.'s (NYSE: YUM ) shares jumped 8.0% after it posted third quarter 2012 adjusted earnings of $0.99 per share, beating the Zacks Consensus Estimate of $0.97
 


 
ALCOA INC (AA): Free Stock Analysis Report
 
COSTCO WHOLE CP (COST): Free Stock Analysis Report
 
FEDEX CORP (FDX): Free Stock Analysis Report
 
YUM! BRANDS INC (YUM): Free Stock Analysis Report
 
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.


This article appears in: Investing, Business, Investing Ideas, Stocks

Referenced Stocks: AA, COST, FDX, YUM



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