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Los Angelas, CA -- (SBWIRE) -- 02/20/2013 -- The Procter & Gamble Company (NYSE:PG) has reduced its earnings outlook for the current quarter and 2013, due to devaluation of the Venezuelan currency. The bolivar's lower value will impact the consumer-products company by up to $275 million, lowering earnings per share by as much as 9 cents. For the current quarter, PG now expects to earn between 90 and 96 cents per share (versus 97-cent estimates); in 2013, the company will earn $3.94 to $4.04 per share, lower than the consensus view of $4.07.
How Should Investors Trade PG After The Recent Movement? Find Out Here
Medtronic, Inc. (NYSE:MDT) declined 2.80% and closed at $45.80. The Company announced third quarter results. Revenue increased 4% to $4.0 billion. The international revenue increased 7% and emerging market revenue rose 21%. Non-GAAP Diluted EPS Growth of 11% and GAAP Diluted EPS Growth of 10%. The free cash flow of $1.4 billion and GAAP Cash Flow from Operations of $1.5 billion. Medtronic is engaged in medical technology.
Can MDT Recover After The Recent Fall? Find Out Here
Leap Wireless International, Inc. (NASDAQ:LEAP) reported its fourth-quarter net loss narrowed to $74.3 million, or 96 cents per share, from a loss of $84.4 million or $1.10 per share in the year-earlier quarter. Revenue fell to $756 million from $767.4 million and was below Wall Street expectations for revenue of $778.8 million. Leap shares were down 33 cents or more than 5 percent at $5.78 in morning trade on Nasdaq.
Can LEAP Jump Again? Find Out Here
North American Palladium Ltd (USA) (NYSE:PAL) is lower 5.68% and ended at $1.66. North American Palladium Ltd. (NAP) is a precious metals producer that has been operating its flagship Lac des Iles mine (LDI) located in Ontario, Canada. NAP also operates the Vezza gold mine located in the Abitibi region of Quebec. The Company is in the business of exploring and mining palladium, platinum, gold and certain base metals.
Can PAL Bounce Back? Find Out Here
Coeur d’Alene Mines Corporation (NYSE:CDE) shares fell 3.37% and closed at $20.34. The company, on Feb. 13, announced that it is offering to repurchase all of its outstanding 3.25% Convertible Senior Notes due 2028 (the “Notes”). As of February 12, 2013, there was $48,658,000 aggregate principal amount of Notes outstanding. The Indenture governing the Notes provides the holders of the Notes with a right to require the Company to purchase their Notes on March 15, 2013.
How Should Investors Trade FSLR After The Recent Volatile Moves? Find Out Here
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