were among the
winners Tuesday, rising 3% after investment firm posted third-quarter results that easily beat expectations.
For the period ended Aug. 25, the company earned $1.59 billion, or $3.26 a share, on revenue of $7.46 billion. Analysts polled by Thomson First Call expected earnings of $2.97 a share and revenue of $7.17 billion. During the year-earlier quarter, Goldman earned $1.61 billion, or $3.25 a share, on revenue of $7.29 billion.
"We are pleased to be reporting the third best revenue quarter in our history," the company said. "This is particularly noteworthy given our record performance for the first half of the year. While market conditions were more challenging this quarter, our results underscore the strength and depth of our client franchise." Shares were trading up $4.82 to $155.82.
shares were down 4% after the grocer posted in-line second-quarter earnings and backed its full-year guidance. For the quarter ended Aug. 12, Kroger earned $209 million, or 29 cents a share, up from $196.5 million, or 27 cents a share, a year earlier. Sales rose to $15.14 billion from $13.87 billion. Identical supermarket sales increased 7.9% including fuel sales, and rose 6% without fuel. Analysts, on average, anticipated earnings of 29 cents a share and sales of $1.47 billion.
For the full year, Kroger projects EPS growth of 6% to 8%. "Our performance through the first half of 2006 indicates we are on track to exceed original identical sales guidance and meet earnings guidance for the year," said Chairman and CEO David Dillon. "Internal measurements show customers are responding to the investments we have made in service, product selection and pricing. Kroger shares were down 98 cents to $23.10.
traded actively after the consumer electronics retailer posted better-than-expected second-quarter results but left its full-year guidance unchanged. For the period ended Aug. 26, the company earned $230 million, or 47 cents a share, up from $188 million, or 37 cents a share, a year earlier. Revenue rose to $7.6 billion from $6.7 billion, as same-store sales increased 3.7%. Analysts expected earnings of 44 cents a share, with revenue of $7.54 billion.
Looking ahead, Best Buy continues to see full-year earnings of $2.65 to $2.80 a share. Analysts project earnings of $2.80 a share. Shares recently were up 17 to $47.94.
fell 1% after the company reported a second-quarter revenue decline and delayed its quarterly report for the period. The doughnut maker said revenue for the quarter ended July 30 fell to $110 million from $140 million a year ago. The company expects to report a loss for the period. "The decrease in revenues reflects a decline in the number of company stores as well as lower sales to franchisees by the company's manufacturing and distribution segment," the company said.
Separately, Krispy Kreme said it won't be able to file its second-quarter report with the
Securities and Exchange Commission
on time. The company said it continues to work on filing its annual report for fiscal 2006 and quarterly reports for the first three quarters of fiscal 2006. "Until such reports are complete, the company is unable to finalize its quarterly report on form 10-Q for the second quarter of fiscal 2007," the company said in a regulatory filing. Shares were trading down 10 cents to $7.99.
slid 5% after the aircraft components company announced plans to sell $175 million in convertible notes due 2026. The senior subordinated notes are being sold to institutional buyers. The investors will also be granted an option to purchase an additional $26.25 million of the notes. Triumph plans to use proceeds from the sale to prepay its outstanding class A and class B senior notes due 2012 and pay part of its revolving credit facility.
In connection with the offering, the company reiterated its full-year forecasts. Triumph sees earnings per share of $2.40 to $2.70, with sales of $875 million to $925 million. Analysts, on average, project earnings of $2.73 a share and revenue of $921 million. Shares were trading down $2.33 to $41.86.
rose 3% after the maker of offshore drilling equipment announced a 2-for-1 stock split. Shareholders of record on Sept. 21 will be eligible to receive one additional share for each share they hold. The additional shares will be distributed on Oct. 5. Dril-Quip will have about 39.8 million shares outstanding after the split. Shares were trading up $2.31 to $71.05.
NYSE volume leaders included
, up 5 cents to $2.34;
, up 17 cents to $8.88;
, up 14 cents to $28.02;
, down 40 cents to $31.38;
Advanced Micro Devices
, up 74 cents to $26.40;
, up 43 cents to $19.72;
, up 48 cents to $23.87;
, up 20 cents to $65.14; and
, up 4 cents to $2.30.
volume leaders included
, up 1 cent to $25.92;
, up 27 cents to $19.67;
, down 2 cents to $16.27;
, up 8 cents to $72.58;
, up 14 cents to $22.10;
, up 50 cents to $16.93;
, up 4 cents to $5.03;
Level 3 Communications
, up 11 cents to $4.46; and
, up $1.13 to $37.94.