Thursday, May 13, 2010

Stocks in Focus-Wendy's/Arby's Group Inc. (WEN),Urban Outfitters Inc. (URBN),Sony Corp. (SNE) ,St. Jude Medical, Inc. (STJ)

Shares of Wendy's/Arby's Group Inc. (WEN) are likely to be in focus after the fast food company reported a first-quarter net loss of $0.01 per share compared to a loss of $0.02 per share in the year-ago quarter. Consolidated revenues for the quarter fell to $837.4 million from $864.0 million in the comparable quarter last year. On average, analysts expected the company to earn $0.01 per share on revenue of $835.2 million.

http://www.wendysarbys.com/

http://www.google.com/finance?q=NYSE:WEN

Additionally, Urban Outfitters Inc. (URBN) may attract attention after the retailer reported that its first-quarter net income rose to $0.31 per share from $0.18 per share a year ago, exceeding analyst estimates by a penny. T

he company said its net sales for the quarter rose to $479.96 million from $384.80 million in the prior year quarter analysts had consensus revenue estimate of $475.29 million for the quarter. U

rban Outfitters said it expects further improvement in the annual effective tax rate for the remainder of the current fiscal year.

http://www.urbanoutfittersinc.com/

http://www.google.com/finance?q=NASDAQ:URBN

Sony Corp. (SNE) reported a fourth-quarter net loss attributable to stockholders of 56.57 billion yen, or 56.37 yen per share, compared to net loss of 165.14 billion yen or 164.56 yen per share last year.

Sales and operating revenue rose to 1.72 trillion yen from 1.52 trillion yen in the same quarter a year earlier. For the fiscal year ending March 31, 2011, Sony expects net income attributable to stockholders of 50 billion yen on sales and operating revenue of 7.6 trillion yen.

http://www.sony.net/

http://www.google.com/finance?q=NYSE:SNE

Shares of St. Jude Medical, Inc. (STJ) could see early strength after the company revealed FDA approval and first U.S. implants of its Unify cardiac resynchronization therapy defibrillator and Fortify implantable cardioverter defibrillator.

The new devices feature advanced battery technology and circuitry that allow for the smallest device footprint in the industry and rapid charge times without any compromise in device longevity or power.

http://www.sjm.com

http://www.google.com/finance?q=NYSE:STJ

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