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Los Angelas, CA -- (SBWIRE) -- 11/02/2012 -- Starbucks Corpora (NasdaqNM:SBUX) is +0.7197 - +1.57% from the previous close of $45.90. It traded between $45.39 - 46.74 with total traded volume of 12541186 shares. At Current Market Price, SBUX is in distance of -7.99% from its 50-day Moving Average price of $50.6682 and -10.72% from its 200-day Moving Average price of $52.2165. Shares of Starbucks (SBUX) are rising up to 8% in after hours trading. The roaster and marketer of specialty coffees reported a strong set of fourth quarter results after the close. Starbucks reported third quarter revenues of $3.36 billion, up 11% on the year. Growth was predominantly driven by comparable store sales growth of 6%, as a result of 5% increase in traffic and a 1% increase in pricing. Revenues fell short of analysts expectations of $3.39 billion. Starbucks reported diluted earnings per share of $0.46 per share, down a penny from last year's final quarter. This includes a $0.02 charge related to store optimization initiatives in Europe. Net income came in at $359.0 million, virtually unchanged compared to last year. Reported earnings per share beat analysts consensus by a penny.
Can SBUX Continue To Move Higher? Find Out Here
LinkedIn Corporat (NYSE:LNKD) is -0.08 - -0.07% from the previous close of $106.93. It traded between $105.15 - 108.2083 with total traded volume of 3883642 shares. At Current Market Price, LNKD is in distance of -8.56% from its 50-day Moving Average price of $116.848 and +0.07% from its 200-day Moving Average price of $106.773. Professional networking site LinkedIn (NYSE:LNKD) reported third quarter earnings per share of $0.22, handily beating even the most optimistic estimate -- $0.16 -- from among the twenty-two analysts who cover the company. As it did last quarter, the company raised its guidance for full-year revenues, this time to a range of $939 million to $944 million, up from $915 million to $925 million. There aren't all too many companies doing that in this environment -- that's what you call a secular growth story, folks. LinkedIn has revamped its profile pages and offered more features to keep users coming back even when not job hunting or recruiting. By becoming a bigger destination site, the company has collected more data that’s useful to recruiters, leading to a rise in subscription and advertising sales.
Will LNKD Rebound After The Recent Correction? Find Out Here
Green Mountain Co (NasdaqNM:GMCR) are trading at $26.3444 and is +3.48% from its 50-day Moving Average price of $25.4595 and +0.42% from its 200-day Moving Average price of $26.233. The average trading volume is 6995630 shares and its market capitalization is $4.097B. Green Mountain (NASDAQ:GMCR) +$2.16 Green Mountain Coffee Roasters, Inc. engages in the specialty coffee and coffee maker business. The company sources, produces, and sells approximately 200 varieties of coffee, cocoa, teas, and other beverages in K-Cup portion packs and coffee in traditional packaging, including whole bean and ground coffee selections in bags and ground coffee in fractional packs for use in at-home (AH) and away-from-home (AFH). It sells its products primarily in North America through supermarkets, club stores, and convenience stores.
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Exxon Mobil Corpo (NYSE:XOM) reported EPS of 9.49. For the Current Fiscal year, the company is expected to report EPS of 7.77. For the Next Quarter and Next Year, the company is expected to report EPS of 2.04 and 8.18 respectively. At Current Market Price, XOM is in distance of +0.06% from its 50-day Moving Average price of $91.5473 and +5.91% from its 200-day Moving Average price of $86.4908. Shares of Exxon Mobil (XOM) rose 0.5% in Thursday's trading session, thereby underperforming the wider equity markets which rallied hard. The integrated energy company reported its third quarter results. Exxon Mobil reported third quarter revenues of $115.7 billion, down 7.7% on the year. Revenues beat analysts consensus of $112.4 billion The company reported a 7.4% decline in net income to $9.57 billion. Diluted earnings per share fell merely 2% to $2.09 on the result of sizable share buybacks. Earnings comfortably beat analysts consensus of $1.95 per share. Oil production fell by 7.5% compared to the third quarter last year. Excluding the impact of entitlement volumes, quota effects and divestments, volumes were down 2.9%. Exxon produced an average of 3.96 million barrels of oil-equivalent per day during the quarter. Exxon made some selective acquisitions in North America recently. In September, the company acquired 100% of Denbury's Bakken shale assets with expected production of 15,000 barrels per day, and many acres of land to explore. Another deal was the $2.7 billion acquisition of Canadian Celtic Exploration Company, announced during the quarter.
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