Electronic Arts Inc. (NASDAQ:EA) Tuesday said its preliminary third-quarter profit increased from the prior year, supported by growth in revenues. Both adjusted earnings and revenues topped estimates, and the company guided the full year above analysts’ expectations. Net income for the quarter was $142 million or $0.44 per share, compared to a loss of $308 million or $1.00 per share in the prior year. On Tuesday shares of Electronic Arts Inc. (NASDAQ:EA) closed at $48.41. Company’s sales growth for last 5 years was -3.20% and EPS growth for next 5 years is recorded as 16.30%.
Procter & Gamble Company (NYSE:PG) is planning to eliminate 2,300 more jobs by the time its fiscal year ends in June, part of a multi-year restructuring that has already claimed more than 9,300 positions. The Procter & Gamble Company (NYSE:PG) in last trading activity decreased -3.45% to close at $86.49. Company weekly performance is -4.48% while its quarterly performance stands at 2.28%. The Procter & Gamble Company (NYSE:PG) is -7.22% away from its 52 week high.
Consumers accusing Wal-Mart Stores Inc. (NYSE:WMT) of shortchanging customers by nearly $9 million over four years moved for class certification Monday, saying the retailer incorrectly applied lower sales tax rates to returns and the nationwide class includes anybody who returned a purchase and received less than what they paid. On last trading day Wal-Mart Stores Inc. (NYSE:WMT) decreased -1.24% to close at $87.53. Its volatility for the week is 1.46% while volatility for the month is 1.52%. WMT’s sales growth for past 5 years was 3.30% and its EPS growth for past 5 years was 7.60%. Wal-Mart Stores Inc. (NYSE:WMT) monthly performance is 1.27%.
First Solar, Inc. (NASDAQ:FSLR) on 22 January announced that it has achieved 10 gigawatts (GW) of photovoltaic (PV) solar capacity installed globally, making it the first thin film PV module manufacturer in the world to achieve this milestone. The announcement was made at the start of the World Future Energy Summit in Abu Dhabi , where First Solar is showcasing a comprehensive range of solar energy solutions. First Solar, Inc. (NASDAQ:FSLR) has 0.10% insider ownership while its institutional ownership stands at 62.30%. In last trading activity company’s stock closed at $43.72.
Canaccord Genuity lowered shares of SolarCity Corp (NASDAQ:SCTY) to a buy rating in a report released on Thursday. Canaccord Genuity currently has $64.00 price objective on the stock, down from their previous price objective of $87.00. On last trading day SolarCity Corporation (NASDAQ:SCTY) decreased -0.12% to close at $50.10. Its volatility for the week is 3.39% while volatility for the month is 4.06%. SCTY’s sales growth for past 5 years was 38.40% and its EPS growth for past 5 years was 16.30%. SolarCity Corporation (NASDAQ:SCTY) monthly performance is -11.73%.