A strong Q3 show from Gannett (NYSE:GCI), a leading international media and marketing solutions company. EPS rose to $0.56 to $0.41 last year as net income came in at $133.08 million, up from $99.79 in the year ago period. Total operating revenues were $1.31 billion, up 3.4 percent; however, broadcasting revenue was up 36 percent, boosted by the Olympics and political spending.
Charles Schwab (NYSE:SCHW) reported net income of $247 million, down 10 percent sequentially but higher by 12 percent from the quarter a year ago. Diluted EPS was $0.19 and revenues were $1.196 billion, up just 1.2 percent year-on-year. Said CEO and President Walt Bettinger: “The company’s third quarter metrics were solid, including 198,000 new brokerage accounts, $2.8 billion in net new enrollments in our retail advisory offerings, and $21.7 billion in core net new assets.”
Apple has been a huge winning stock pick for Wall St. Cheat Sheet Newsletter subscribers. Don’t waste another minute — click here and get more of our CHEAT SHEET stock picks now.
9TO5Mac cites a reliable source at a top U.S. retailer saying that Apple (NASDAQ:AAPL) will introduce a 13-inch MacBook Pro with a Retina Display alongside the smaller iPad launch. It will be available in two variants, with different processors and storage capacity.