Home Inns & Hotels Soars On Solid Earnings (CA, CI, NVDA, BRKS, HMIN)

Home Inns & Hotels Soars On Solid Earnings (CA, CI, NVDA, BRKS, HMIN)

CA Inc (NASDAQ:CA) went down 1.14% to $26.11. The Company reported fourth quarter net profit of $211 million or $0.45 per share compared to $188 million or $0.37 per share in prior year period. Income from continuing operations was $211 million or $0.45 per share compared to $187 million or $0.37 per share in prior year period.

CIGNA Corporation (NYSE:CI) moved up 1.02% to $45.37. The Company will acquire Medicare supplement and critical-illness businesses of American Financial Group Inc for approximately $295 million in cash.

The Company won Bottomline ‘Think Green’ award.

NVIDIA Corporation (NASDAQ:NVDA) increased 8.13% to $13.43 after the Company reported first quarter results. Net income was $60.44 million or $0.10 per share versus $135.22 million or $0.22 per share in the prior year period. Revenue was $924.9 million compared to $962.04 million in the earlier year quarter. The Company expects revenue to be between $990 million and $1.05 billion for the second quarter of fiscal 2013.

Brooks Automation Inc (USA) (NASDAQ:BRKS) decreased 2.53% to $10.40. The Company reported second quarter EPS of $0.14, below the analyst estimate of $0.18. Revenue for the quarter was $139.3 million versus the consensus estimate of $136.26 million.

The Board of Directors had declared a dividend of $0.08 per share payable on June 29, 2012.

The Company expects third quarter revenues to range between $140 million and $147 million. GAAP earnings to range between $0.13 and $0.18 per diluted share in the third quarter 2012.

Home Inns & Hotels Management Inc (ADR) jumped up 9.89% to $25.11 after the Company released first quarter results. Total revenues increased 66.0% year over year to RMB 1,255.7 million. Loss from operations was RMB 36.9 million. Adjusted income from operations was RMB 9.7 million compared to RMB 60.0 million in the first quarter of 2011. Net loss was RMB 103.2 million compared to net income of RMB 32.5 million in the first quarter of 2011.