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VANCOUVER, British Columbia, October 15, 2012 /PRNewswire/ -- EarningForecast.com has issued consensus earnings forecast reports and Equity Research for the following companies: Citigroup (NYSE:C), Apple (NASDAQ:AAPL), Advanced Micro Devices (NYSE:AMD), QUALCOMM (NASDAQ:QCOM), Regions Financial (NYSE:RF), and Costco (NASDAQ:COST).
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Report Highlights:
Citigroup Inc. (NYSE:C): Citigroup Inc. (NYSE:C) is scheduled to release its financial results for the third quarter of 2012 on Monday, October 15, 2012. In addition, the company announced that Chief Financial Officer John Gerspach and Treasurer Eric Aboaf will conduct the Citigroup third quarter 2012 Fixed Income Investor Review on Wednesday, October 24, 2012. By the end of September, Citigroup announced the completion of the sale of EMI Group's recorded music division, EMI Music, to Vivendi and its subsidiary, Universal Music Group. Shares of Citigroup in the last trading session began with a price of US$34.81 and attained highs of US$35.65, finally, the stock fell 2.17% to US$34.75. In the past 52 weeks, Citigroup share prices have been bracketed by a low of US$23.30 and a high of US$38.40, and are now at US$34.75 (49% above that low price). The stock traded 42.53 million shares in the last trading session, well above its daily average of 36.00 million shares. Can Citigroup rebound from here? Want to monitor this company on an on-going basis? Investors could check Citigroup earnings forecast report here.
Read Full Report: http://www.earningforecast.com/PR/101512B/C/Citigroup.pdf
Apple Inc. (NASDAQ:AAPL): According to a report from AllThingsD, Apple Inc. (NASDAQ:AAPL) may unveil its new 7.85-inch "iPad mini" on October 23 at an invite-only event at the company's Town Hall Auditorium, just three days before Microsoft Corporation unveils Windows 8. Apple is scheduled to release its financial results for fiscal fourth quarter on Thursday, October 25. In the last trading session, shares of Apple advanced US$1.61 or 0.26% to close at US$629.71 while the stock traded within the range of US$625.30 - US$635.38. In the past 52 weeks, AAPL has traded within a range of US$363.32 - US$705.07. Its price, as of the latest close, was up 73% compared with the 52-week low and was 12% below the 52-week high. The volume of 16.41 million shares in the session was very close to the 30-day average volume of 17.78 million. Apple's market capitalization after the recent close was US$590.30 billion. Observing comprehensive analysis of Apple could help investors avoid big lost in investment. Check Apple earnings forecast report below.
Read Full Report: http://www.earningforecast.com/PR/101512B/AAPL/Apple.pdf
Advanced Micro Devices, Inc. (NYSE:AMD): For the third quarter ended September 29, 2012, Advanced Micro Devices, Inc. (NYSE:AMD) now cut its revenue estimates to US$1.27 billion by approximately 10% sequentially, due to weaker-than-expected demand across all product lines caused by the sluggish global economy. The chip maker now expects gross margin to be about 31% for the third quarter, down from its previous estimation of 44%, which is due to weaker-than-expected demand and an inventory write-down of approximately US$100 million because of lower-than-anticipated future demand for certain products. Advanced Micro Devices is scheduled to release its financial results for third quarter 2012 on Thursday, October 18, 2012. Following the announcement, shares of Advanced Micro Devices gapped open sharply lower in the last trading session and ended at US$2.74 by slumping US$0.46 (or -14.38%). AMD hit a new 52-week low of US$2.74 in the session. There were 83.82 million stock shares traded, which was 3.1 times more than average volume. Investors may want to find out where AMD will go from here. Observe comprehensive Advanced Micro Devices earnings forecast report here.
Read Full Report: http://www.earningforecast.com/PR/101512B/AMD/AdvancedMicroDevices.pdf
Today EarningForecast.com also observed abnormal trade volume for the following companies; insiders may involve trading in these companies. Check out the consensus earnings forecast reports below:
QUALCOMM, Inc. (NASDAQ:QCOM):
Read Full Report: http://www.earningforecast.com/PR/101512B/QCOM/QUALCOMM.pdf
Regions Financial Corporation (NYSE:RF):
Read Full Report: http://www.earningforecast.com/PR/101512B/RF/RegionsFinancial.pdf
Costco Wholesale Corporation (NASDAQ:COST):
Read Full Report: http://www.earningforecast.com/PR/101512B/COST/Costco.pdf
Insider Filing Source Reference: All observations, analysis and reports are based on public information released by the U.S. Securities and Exchange Commission.
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