Mid Day Buzzers: Green Mountain Coffee, Apple Inc, Yingli Green Energy, PVH Corp

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Mid Day Buzzers: Green Mountain Coffee, Apple Inc, Yingli Green Energy, PVH Corp

NEW YORK -- Beststocksdaily, one of the leaders in providing investment alerts on U.S. stocks are announcing Investment Highlights on Green Mountain Coffee, Apple Inc, Yingli Green Energy, PVH Corp.

Green Mountain Coffee Roasters Inc.(NASDAQ:GMCR) has posted better than expected results for the past quarter and offered a positive outlook. This resulted in a spike in the company’s shares in after-hours trading session on Tuesday.

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The company which makes Keurig single-serve coffee makers has earned $91.9 million, or 58 cents a share for the quarter ended Sept. 29, much higher than the $75.4 million or 47 cents per share it made in the first quarter last year. After adjustments for costs related to a regulatory inquiry and other special items, the company earned 64 cents a share beating analysts’ expectations of 48 cents.

Green Mountain's total revenue increased 33 percent to $946.7 million trouncing Street expectations of $902.7 million, thanks to improved sales and pricing of its single-serve coffee packs.

The Vermont based company expects its EPS to be between 62 and 67 cents for the first quarter and revenue in the range of $1.32 billion to $1.37 billion.

Analysts expected 57 cents a share on revenue of $1.28 billion.

For the full year, it maintains its earnings forecast of $2.64 to $2.74 per share on revenue between $4.44 billion to $4.63 billion. Analysts had expected only $2.49 per share on revenue of $4.39 billion.

The stock jumped $7.95 to $36.90.

Apple Inc.(NASDAQ:AAPL) has fired the manager of its mapping system software unit which drew flak for some embarrassing glitches in its iOS 6 Maps.

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Richard Williamson, who has been at Apple for more than a decade and who headed the team that developed the mapping for the iOS 6 software, was fired by Senior Vice President Eddy Cue. This follows the firing of the iOS software chief, Scott Forstall, a few days ago.

Apple had dropped Google's mapping system and used its own which has several inaccuracies and navigation flaws. The company has reportedly taken steps to find a solution.

Yingli Green Energy Hold. Co. Ltd. (ADR)(NYSE:YGE) and JA Solar Holdings Co., Ltd. (ADR)(NASDAQ:JASO), both China-based solar panel makers have said that they will not be deterred by the steep U.S. import duties and slump in panel prices and that they would turn to their domestic market to improve their business.

Has YGE Found The Real Bottom and Ready To Move Up? Find Out Here http://beststocksdaily.com/p2/index.php?company=YGE

Earlier this month, the United States approved tariffs on imports from top Chinese solar equipment manufacturers. The European Union might also follow suit.

While Yingli expects shipments to grow in the home market, JA Solar is stepping into other foreign markets like Australia, Southeast Asia and South America. Also, as panel manufacturing is unprofitable, solar companies now plan to develop large solar power plants that will use their panels.

JA Solar expects total cell and module shipments to be between 380 MW and 420 MW in the fourth quarter, compared with 418 MW in the third.

The company has also lowered its full-year outlook from the 1.5 GW to 1.8 GW range to between 1.55 GW and 1.65 GW. 

Meanwhile, PVH Corp(NYSE:PVH) has posted higher profit in the third quarter, despite a small slump in revenue, and has also improved its outlook for the year.

Get Free Trend Analysis On PVH here http://beststocksdaily.com/p2/index.php?company=PVH

The clothing company’s quarterly net income was $165.41 million, or $2.24 a share, compared to $112.24 million, or $1.54 a share, in the year-ago period.

After adjusting for special items like expenses related to restructuring, the company earned $2.34 a share, higher than analysts’ expectations of $2.30 a share.

Revenue for the quarter was $1.64 billion, compared with $1.65 billion last year.

For the full year, PVH now expects to earn between $6.37 and $6.38 a share

Shares of the company closed at $109.29 on Tuesday. Post results they climbed to $110.42 in after-hours trade.

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