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Wolverine Worldwide (NYSE:WWW) reported Q2 EPS of $0.48, ahead of consensus estimates of $0.46 per share. Revenues for the quarter rose 20.1% year-over-year to $310.1 million, topping consensus estimates of $294.2 million.The company sees 2011 EPS of $2.40 to $2.50, vs. consensus estimates of $2.48 per share, on revenues of $1.38 billion to $1.42 billion, vs. consensus estimates of $1.41 billion.Blake W. Krueger, Chairman and Chief Executive Officer stated, "Our recent revenue performance clearly demonstrates the broad strength of our portfolio and the benefits of consistent investment in brand-building initiatives. The outstanding financial results in the second quarter were led by strong double-digit revenue increases in all branded groups, most notably in the Outdoor Group and our Merrell brand."Wolverine World Wide is currently above its 50-day moving average (MA) of $39.24 and above its 200-day of $34.65.
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Video Length: 0
Date Found: July 12, 2011
Date Produced: July 12, 2011
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 Voxant Newsroom |
July 16, 2011
Activist Investor Carl Icahn disclosed that on July 14, he sent a letter to Donald Knauss, CEO of Clorox (NYSE:CLX) with a proposal to acquire all of the issued and outstanding shares not owned for $76.50 per share net in cash. Icahn also disclosed that his affiliates have obtained a highly ...
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 Voxant Newsroom |
July 16, 2011
tonight we get reaction from the firefighters union and the mayor to public safety director darren white’s abrupt retirement today. white was dogged by questions all week about a minor crash his wife was in---and why he drove her to the hospital instead of waiting for an ambulance. eddie garcia ...
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 Voxant Newsroom |
July 16, 2011
Good Morning. It’s Friday, July 15, 2011. At this hour, U.S. equity futures are higher. Overseas, the Asian markets mixed, while the European markets are down. News Corp. (NASDAQ:NWSA) announced the appointment of Tom Mockridge as CEO of News International effective immediately following the ...
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 Voxant Newsroom |
July 16, 2011
This is what’s in the news for Friday, July 15th. The Wall Street Journal reports that Credit Suisse Group (NYSE:CS) is the target of a U.S. Justice Department investigation into hidden Swiss offshore accounts for wealthy Americans. The Wall Street Journal reports that the Obama Administration ...
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 Voxant Newsroom |
July 15, 2011
Busy schedules shouldn’t mean a scarce social life. Teri Gault from thegrocerygame.com gives you tips on how to prep your home to be "magazine-ready" even within the shortest of time frames.
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