Coca-Cola produces good numbers minus the fizz

Coca-Cola

By Poroma Pant Coca-Cola Co. credited cost-cutting for a fourth quarter profit that beat analysts’ expectations. Net income jumped 61 percent to $1.24 billion or 28 cents per share from $770 million or 17 cents per share in the prior-year period. Excluding one-time items, Coca-Cola’s earnings were 38 cents a share, a penny more than […]

Shooting hoops with Under Armour Inc.

Under Armour Kicks

By Poroma Pant Under Armour Inc. stock surged 22 percent to $84.07 following sharply higher earnings and revenue that beat analysts’ expectations. Net income increased 21 percent in the fourth quarter of 2015 to $106 million, or 48 cents per diluted share, from $88 million, or 40 cents per share, in the prior year’s period. Analysts estimated 46 cents. […]

A beautiful stock: Ulta Salon, Cosmetics & Fragrance Inc.

By Poroma Pant Enjoying a significant rise in its stock price in a quivering market, ULTA Salon, Cosmetics & Fragrance Inc. attributes its winning numbers to an ingenious six-part strategy. The beauty of the earnings and overall performance of the Bolingbrook-based chain has enabled it to capture the hearts of analysts. Commencing this year with a […]