10:15 ET CVS Announces $2.0 Bln Stock Repurchase
Earlier this morning, CVS Caremark (CVS 32.56 +0.48) announces $2.0 billion share repurchase program.
WATG Expects Notable Growth in Engine Valve Segment
Wonder Auto Tech (WATG 8.12 +0.40) announced that its subsidiary, Jinan Worldwide Auto-Accessory Limited will increase its production capacity of engine valves by 13 million units this July, therefore increasing the total annual production capacity of engine valves from 27 million units to 40 million units.
The company said, "We expect that revenue from this business segment for the first half of 2010 will be approximately $32.0 million as compared with $19.85 million in 1H09, with an year-over-year increase rate of 60%."
ADPI Announces Stock Repurchase
This morning, American Dental (ADPI 12.49 +0.43) approved a program under which the Company is authorized to repurchase up to $10 million of its common stock
CHDX Misses Q4 Expectations
Chindex (CHDX 11.13 -0.31) reported fourth quarter earnings this morning, which missed Wall Street expectations.
The company reported fourth quarter earnings of $0.04 per share, $0.07 worse than the two estimate average of $0.11. Revenues fell 30.8% year-over-year to $41.3 million, below the $45.4 million two estimate average, reflecting continued growth in Healthcare Services offset by rev performance in the Medical Products division; healthcare services revenue +4.9%; Medical products revenue -49.1%.
BNHNA Q4 Earnings Grow YoY
Benihana (BNHNA 5.71 +0.16) reported fourth quarter earnings of $0.09 per share after the close on Friday versus $0.06 in the prior year's quarter.
On the top line, revenue grew 5.2% to $77.4 million.
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