VANCOUVER, Oct. 24, 2012 /PRNewswire/ -- EarningForecast.com has issued consensus earnings forecast reports and Equity Research for the following companies: Bank of America (NYSE: BAC), Xerox (NYSE: XRX), Oracle (NASDAQ: ORCL), Nokia (NYSE: NOK), ARM Holdings (NASDAQ: ARMH), and United Parcel Service (NYSE: UPS).
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Bank of America Corporation (NYSE: BAC): Bank of America Corporation (NYSE: BAC) announced third-quarter 2012 net income of US$340 million (or US$0.00 per diluted share), compared with net income of US$6.2 billion (or US$0.56 per diluted share), in the same quarter of 2011. Bank of America shares began the trading session with a price of US$9.44 and throughout the session plunged to a low of US$9.28. When day-trade ended, the stock finally dipped 1.99% to US$9.36. In the past 52 weeks, Bank of America share prices have been bracketed by a low of US$4.55 and a high of US$13.34, and are now at US$7.91 (74% above that low price). The last session's volume of 160.40 million shares was very close to the 30-day average volume of 158.94 million shares. Bank of America's market capitalization after the recent close was US$100.88 billion. Investors may want to find out where BAC will go from here. Observing comprehensive Bank of America earnings forecast report here.
Read Full Report: http://www.earningforecast.com/PR/102412B/BAC/BankofAmerica.pdf
Xerox Corporation (NYSE: XRX): For the third quarter of 2012, Xerox Corporation (NYSE: XRX) reported total revenues of US$5.42 billion, a decrease of 3% from total revenues of US$5.58 billion in the third quarter of 2011. Net income for the third quarter 2012 declined 12% to US$282 million from last year's record, while earnings per diluted share were US$0.21 for the quarter, compared with US$0.22 in the prior-year quarter. Xerox shares began the trading session with US$6.73 and throughout the session made a new 52-week low of US$6.36. Still, when day-trade ended, the stock plunged 5.12% to US$6.67. There were 43.24 million stock shares traded, which was 4.2 times more than average volume. The company has a market capitalization of US$8.72 billion with price range within US$6.36 - US$8.84 over the past 52 weeks. Can Xerox rebound? Want to monitor this company on an on-going basis? Investors could check Xerox earnings forecast report here.
Read Full Report: http://www.earningforecast.com/PR/102412B/XRX/Xerox.pdf
Oracle Corporation (NASDAQ: ORCL): On October 18, Oracle Corporation (NASDAQ: ORCL), a provider of enterprise software and computer hardware products and services, announced the pricing of its sale of US$2.5 billion of 1.200% Notes due 2017 and US$2.5 billion of 2.500% Notes due 2022. Oracle is expected to settle the offer on Thursday, October 25, 2012. At the close of the trading day, shares of Oracle slipped 0.68% to US$30.59 while the stock traded within the range of US$30.45 – US$30.84. There were 21.38 million shares of Oracle exchanging hands as compared to its average daily volume of 25.80 million shares. The company's 52-week range remained US$24.91 to US$33.81 with its market capitalization touching US$147.41 billion. Observing comprehensive analysis of Oracle could help investors avoid big lost in investment. Check Oracle earnings forecast report below.
Read Full Report: http://www.earningforecast.com/PR/102412B/ORCL/Oracle.pdf
Today EarningForecast.com also observed abnormal trade volume for the following companies; Check out the consensus earnings forecast reports below:
Nokia Corporation (ADR) (NYSE: NOK):
Read Full Report: http://www.earningforecast.com/PR/102412B/NOK/Nokia.pdf
ARM Holdings plc (ADR) (NASDAQ: ARMH):
Read Full Report: http://www.earningforecast.com/PR/102412B/ARMH/ARMHoldings.pdf
United Parcel Service, Inc. (NYSE: UPS):
Read Full Report: http://www.earningforecast.com/PR/102412B/UPS/UnitedParcelService.pdf
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