|
|
Get Four
|  | MAY 5, 2004 04:53 PM
 MARKET MOVERS Charter One Soars Western Wireless rises; J Jill climbs; plus more of today's stocks in the news Charter One Financial (CF ) agreed to be acquired by Royal Bank of Scotland's Citizens Financial Group unit in a $10.5 billion deal. Terms: $44.50 cash per Charter One share. S&P keeps its hold ranking. Western Wireless (WWCA ) posted 32 cents first-quarter earnings per share, vs. a 30 cents loss on a 37% revenue rise. S&P maintains hold. Citigroup raised its price target. J Jill (JILL ) posted 11 cents, vs. 4 cents first-quarter earnings per share on a 24% same-store sales rise and a 21% total sales rise. The women's retailer sees $118 million to $120 million in second-quarter sales and 26 cents to 30 cents earnings per share. J Jill sees $435 million to $440 million in 2004 sales and 65 cents to 70 cents earnings per share. Wedbush Morgan raised its estimates. Whole Foods Market (WFMI ) posted 54 cents, vs. 41 cents second-quarter earnings per share on 17% higher same-store sales and 24% higher total sales. Whole Foods raised its $1.93 to $2.02 fiscal 2004 earnings per share forecast to a range of $2.03 to $2.10. S&P keeps its hold ranking. Coca-Cola (KO ) named E. Neville Isdell as chairman and CEO elect to succeed Doug Daft. The transition is expected to take place by early summer. Drugstore chain CVS Corp. (CVS ) posted 59 cents, vs. 48 cents first-quarter earnings per share on 6.4% higher same-store sales. Prudential Financial (PRU ) posted 57 cents, vs. 39 cents first-quarter earnings per share a on 3.9% revenue rise. Prudential sees $3.05 to $3.25 2004 earnings per share. Vivendi Universal (V ) posted a preliminary 4.3% decline in first-quarter revenue (French GAAP) and a 7% increase at constant currency (proforma). Boston Scientific (BSX ) says preliminary net U.S. sales of its Taxus stent systems for April were $163 million, while preliminary net worldwide sales for the same period were $205 million. Total April preliminary net sales were $495 million.  All of the views expressed in this research report accurately reflect the research analyst's personal views regarding any and all of the subject securities or issuers. No part of analyst compensation was, is or will be, directly or indirectly related to the specific recommendations or views expressed in this research report. Standard & Poor's Regulatory Disclosure Any advice, analysis, or recommendations contained in articles labeled "Insight from Standard & Poor's" reflect the views of Standard & Poor's, which operates separately from and independently of BusinessWeek Online. It is possible that BWOL may from time to time publish information that is not consistent with advice, analysis, or recommendations that are published by Standard & Poor's. Standard & Poor's and BusinessWeek Online are each units of The McGraw-Hill Companies, Inc.
BW MALL
SPONSORED LINKS
Get BusinessWeek directly on your desktop with our RSS feeds.
Buy a link now! Add BusinessWeek news to your Web site with our headline feed. Click to buy an e-print or reprint of a BusinessWeek or BusinessWeek Online story or video. To subscribe online to BusinessWeek magazine, please click here. Learn more, go to the BusinessWeekOnline home page  | | |
 Copyright 2004, by The McGraw-Hill Companies Inc. All rights reserved.Terms of Use | Privacy Notice |
Printer-Friendly Version
