Duke Energy Corp. (NYSE:DUK) swung to a loss in the first quarter because of a hefty write-down and an increase in other expenses. The company posted a loss of $97 million, or 14 cents a share, compared with a year-earlier profit of $634 million, or 89 cents a share. The latest reporting quarter included a pre-tax charge of $1.4 billion, or $1.23 per share, to write down the Midwest Generation business. Excluding special items like impairment costs, adjusted earnings were $1.17 a share, up from $1.02, a year earlier. Duke Energy Corp (NYSE:DUK) shares after opening at $73.26 moved to $73.56 on last trade day and at the end of the day closed at $73.07 . Company price to sales ratio in past twelve months was calculated as 2.10 and price to cash ratio as 33.43. Duke Energy Corp (NYSE:DUK) showed a negative weekly performance of -1.96%.
Electronic Arts Inc. (NASDAQ:EA) updated its first quarter earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of ($0.05) for the period, compared to the Thomson Reuters consensus estimate of ($0.27), Stock Ratings News reports. The company issued revenue guidance of ~$700 million, compared to the consensus revenue estimate of $623.69 million.Electronic Arts also updated its FY15 guidance to $1.85 EPS. Electronic Arts Inc. (NASDAQ:EA) shares fell -2.47% in last trading session and ended the day on $28.05. EA return on equity ratio is recorded as -1.60% and its return on assets is -0.70%. Electronic Arts Inc. (NASDAQ:EA) yearly performance is 53.36%.
ARIAD Pharmaceuticals, Inc. (NASDAQ:ARIA)reported financial results for the first quarter of 2014, including revenue from sales of Iclusig® (ponatinib) and licensing agreements. The Company also provided an update on corporate developments. Ariad Pharmaceuticals, Inc. (NASDAQ:ARIA) shares moved down -7.08% in last trading session and was closed at $7.09 while trading in range of $7.08 – $7.61 – Ariad Pharmaceuticals, Inc. (NASDAQ:ARIA) year to date (YTD) performance is 3.96%.
Chesapeake Energy Corporation (NYSE:CHK) released the results from its first quarter this morning, posting earnings of 59 cents per share, excluding items, on $5.05 billion in revenue—a 47% increase. Analysts had been expecting 48 cents per share on $4.52 billion in revenue. Reported earnings per share were 54 cents, compared to 2 cents in the same quarter a year ago. Chesapeake Energy Corporation (NYSE:CHK) weekly performance is -3.27%. On last trading day company shares ended up $28.35. Chesapeake Energy Corporation (NYSE:CHK) distance from 50-day simple moving average (SMA50) is -9.00%. Analysts mean target price for the company is $9.06.
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