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Thursday, July 28, 2011

Company Earnings Hit The Wire: (GLBC), (WFM), (GABC), (ALR), (VMED)

Global Crossing Ltd (GLBC) reported earnings results for the quarter ended June 2011. Earnings came in at $-0.57 per share compared to analyst estimates of $-0.59 per share. Earnings beat analyst estimates by 3.39%. Investors might expect the stock price to rise on better than expected results. Further analysis on other trends may need to be completed to determine whether the upswing will be confirmed. Guidance, stock price, and revenue estimates must be considered as well. Shares of GLBC traded higher by 1.7% or $0.58/share to $34.66. In the past year, the shares have traded as low as $10.70 and as high as $41.90. On average, 648433 shares of GLBC exchange hands on a given day and today's volume is recorded at 71544.

Whole Foods Market, Inc (WFM) reported earnings results for the quarter ended June 2011. Analysts were expecting $0.48 per share, and the company reported $0.5 per share. Earnings beat analyst estimates by 4.17%. Investors might expect the stock price to increase as results were better than expected. Further analysis may need to be done to determine whether the upswing will come to effect. Guidance and revenue estimates must be taken into consideration. A total of 19 analysts are currently covering this company. Shares of WFM traded higher by 2.15% or $1.41/share to $66.84. In the past year, the shares have traded as low as $34.04 and as high as $68.00. On average, 1803000 shares of WFM exchange hands on a given day and today's volume is recorded at 2035596.

German American Bancorp Inc (GABC) announced their most recent earnings results for the quarter ended in June 2011. Earnings came in at $0.39 per share compared to analyst estimates of $0.31 per share. Earnings were 25.81% larger than expected. An upside surprise. Investors could expect the stock price to increase as results were better than expected. Further analysis may need to be done to determine whether the upswing will come to effect. Guidance and revenue estimates must be taken into consideration. There are currently 3 analysts covering this firm. Investors can look to their reports for more information. Shares of GABC traded higher by 1.2% or $0.2/share to $16.86. In the past year, the shares have traded as low as $14.95 and as high as $18.91. On average, 20248 shares of GABC exchange hands on a given day and today's volume is recorded at 2112.

Alere Inc (ALR) announced their most recent earnings results for the quarter ended in June 2011. They reported actual earnings per share of $0.53 when they were expecting earnings to be $0.51 per share. Earnings beat analyst estimates by 3.92%. Investors might expect the stock price to increase as results were better than expected. Further analysis may need to be done to determine whether the upswing will come to effect. Guidance and revenue estimates must be taken into consideration. Shares of ALR traded higher by 0.02% or $0.0050/share to $29.62. In the past year, the shares have traded as low as $26.61 and as high as $41.18. On average, 710575 shares of ALR exchange hands on a given day and today's volume is recorded at 430388.

Virgin Media, Inc (VMED) announced their most recent earnings results for the quarter ended in June 2011. They reported actual earnings per share of $0.16 when they were expecting earnings to be $0.17 per share. Actual earnings missed estimated earnings by $-0.01 per share. Investors might expect the stock price to fall as earnings were below expectations. Examining previous stock price movement may help to further determine the direction of the share price. Guidance, stock price, and revenue estimates must be considered as well. Shares of VMED fell by 0.77% or $-0.21/share to $26.89. In the past year, the shares have traded as low as $19.34 and as high as $33.32. On average, 3920450 shares of VMED exchange hands on a given day and today's volume is recorded at 743744.