This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Sara Lee, Beazer: Premarket Trading


NEW YORK ( TheStreet) -- Packaged food company Sara Lee (SLE) said second-quarter net income rose 137% to $880 million, or $1.37 a share, from $371 million, or 53 cents a share, a year earlier.

Adjusted earnings per share from continuing operations were 24 cents in second quarter.

Net sales fell 0.4% to $2.35 billion from $2.36 billion a year earlier.

Sara Lee shares fell 0.2% to $16.88 in premarket trading Tuesday.

On average, analysts were expecting earnings of 25 cents a share on revenue of $2.63 billion.

Homebuilder Beazer Homes (BZH) swung to a fiscal first-quarter loss as home closings fell 43.6% and new orders fell 23.9%.

Shares of the company fell 4.4% to $5.21.

Utilities company Entergy (ETR) reported that fourth-quarter earnings fell 27% to $228.3 million, or $1.26 a share, from $313.8 million, or $1.64 a share, a year earlier.

On an operational basis, Entergy's fourth-quarter earnings were $1.30 a share.

Total revenue rose 1% to $2.53 billion, from $2.50 billion a year earlier.

On average, analysts were expecting earnings of $1.24 a share on revenue of $2.68 billion.

Entergy fell 1.3% to $72.93 on Monday.

Beauty products maker Avon Products (AVP) said its fourth-quarter income from continuing operations fell 18% to $220 million, or 50 cents a share, from $268 million, or 62 cents a share, a year ago.

Adjusted income from continuing operations was 59 cents a share.

Net sales rose 1% to $3.14 billion from $3.1 billion the year before.

The Wall Street consensus called for earnings of 67 cents as share on sales of $3.28 billion.

The stock fell 4.4% to $28.06 during premarket trading Tuesday.

NYSE Euronext (NYX) said fourth-quarter net income fell 22% to $135 million, or 51 cents a share, from $172 million, or 66 cents a share, a year earlier.

Excluding items, earnings in the latest quarter were 46 cents a share.

Net revenue fell 4% to $613 million from $640 million.

Analysts, on average, were calling for earnings of 43 cents a share on revenue of $612 million.

The stock fell 2.2% to $33.01 during premarket trading Tuesday.

UBS (UBS), the Swiss bank, posted its first annual profit since 2006 after fourth-quarter earnings rose.

The stock was gaining 2.2% to $18.80 in premarket trading Tuesday.

Toyota (TM) said quarterly earnings fell 39% but the world' No. 1 automaker raised its full-year revenue and profit forecasts.

The stock rose 2.2% to $87 in early trading.

Kindred Healthcare (KND) will acquire RehabCare (RHB) for about $900 million.

Kindred shares surged 16.1% to $22.61 in premarket trading. Premarket quotes weren't available for RehabCare. Shares rose 1.1% to $25.47 at the closing bell Monday.

ArcelorMittal (MT) posted a fourth-quarter loss, but foresees a better 2011.

Shares of the steelmaker popped 4.8% to $38.53 in premarket trading.

Discount retailer Big Lots (BIG) is exploring a possible sale after receiving interest from buyout firms, Bloomberg reports, citing two people with knowledge of the situation.

Big Lots fell 1.1% to $38.77.

>>Search for Highest Dividends by Rate or Yield

More on Earnings
Today's Top Earnings
Earnings Calendar

-- Written by Andrea Tse in New York.

>To contact the writer of this article, click here: Andrea Tse.

>To follow the writer on Twitter, go to Andrea Tse.

>To submit a news tip, send an email to:


Copyright 2010 Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 17,804.80 +26.65 0.15%
S&P 500 2,070.65 +9.42 0.46%
NASDAQ 4,765.38 +16.9840 0.36%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs