Financial News from Seeking Alpha Wall St Breakfast

“… consensus of -$0.22 (may not be comparable). Revenue of $287M (-11%) vs. $282M. Comparable store sales -7.6%. (PR) Earnings: Wednesday After Close CKE RESTAURANTS (CKR): Q2 EPS of $0.22 in-line. Revenue of $336M (-5%) vs. $341M. Same-store sales declined 2.3%. (PR) CLARCOR (CLC): FQ3 EPS of $0.42 misses by $0.01. Revenue of $230M (-17%) vs. $246M. (PR) Herman Miller (MLHR): FQ1 EPS of $0.22 beats by $0.03. Revenue of $324M (-32%) vs. $326M. …” – CKR on Seeking Alpha Wall St Breakfast

“… of $92B. The Q1 deficit was revised to $104.5B from $101.5B. The deficit on both goods and services moved lower. Earnings: Thursday Before Open PIER 1 IMPORTS (PIR): Q2 EPS of -$0.17 vs. consensus of -$0.22 (may not be comparable). Revenue of $287M (-11%) vs. $282M. Comparable store sales -7.6%. (PR) Earnings: Wednesday After Close CKE Restaurants (CKR): Q2 EPS of $0.22 in-line. Revenue of $336M (-5%) vs. $341M. Same-store sales declined …” – PIR on Seeking Alpha Wall St Breakfast

“… Wednesday After Close CKE Restaurants (CKR): Q2 EPS of $0.22 in-line. Revenue of $336M (-5%) vs. $341M. Same-store sales declined 2.3%. (PR) CLARCOR (CLC): FQ3 EPS of $0.42 misses by $0.01. Revenue of $230M (-17%) vs. $246M. (PR) Herman Miller (MLHR): FQ1 EPS of $0.22 beats by $0.03. Revenue of $324M (-32%) vs. $326M. (PR) Oracle (ORCL): FQ1 EPS of $0.30 in-line. Revenue of $5.1B (-5%) vs. $5.3B. Operating margin up 570bp to 46%; …” – CLC on Seeking Alpha Wall St Breakfast

“… by $0.01. Revenue of $230M (-17%) vs. $246M. (PR) Herman Miller (MLHR): FQ1 EPS of $0.22 beats by $0.03. Revenue of $324M (-32%) vs. $326M. (PR) ORACLE (ORCL): FQ1 EPS of $0.30 in-line. Revenue of $5.1B (-5%) vs. $5.3B. Operating margin up 570bp to 46%; reduced value of foreign currencies hurt EPS by $0.02. (PR) The Dress Barn (DBRN): FQ4 EPS of $0.39 beats by $0.02. Revenue of $399M (+4%) vs. $401M. (PR) Today’s MarketsMarkets worldwide are …” – ORCL on Seeking Alpha Wall St Breakfast

“… (-5%) vs. $341M. Same-store sales declined 2.3%. (PR) CLARCOR (CLC): FQ3 EPS of $0.42 misses by $0.01. Revenue of $230M (-17%) vs. $246M. (PR) HERMAN MILLER (MLHR): FQ1 EPS of $0.22 beats by $0.03. Revenue of $324M (-32%) vs. $326M. (PR) Oracle (ORCL): FQ1 EPS of $0.30 in-line. Revenue of $5.1B (-5%) vs. $5.3B. Operating margin up 570bp to 46%; reduced value of foreign currencies hurt EPS by $0.02. (PR) The Dress Barn (DBRN): FQ4 EPS of $0.39 beats by …” – MLHR on Seeking Alpha Wall St Breakfast

“… eBay’s ongoing legal drama over the unit. eBay denied the claims, but the suit could complicate the deal which is due to close in Q4 2009. KODAK takes a moment for financing. EASTMAN KODAK (EK) plans to raise up to $700M in debt to shore up its balance sheet. The financing, which is being led by Kohlberg Kravis Roberts, gives KODAK more financial breathing room and will help it pay off debt due next year. However, the deal is not without its costs and KKR could end up with as much as a 20% equity stake in KODAK through warrants issued as part of the deal. Shares -2.7% premarket (7:00 ET). FDIC repackages loans. The FDIC launched a new program yesterday to package loans from failed banks and subsidize their purchase by investors. To kick-off the long-awaited program, the FDIC announced a partnership …” – EK on Seeking Alpha Wall St Breakfast

“… lawsuit against current owner EBAY (EBAY) and the proposed buyers of a 65% stake in Skype, alleging breach of licensing terms and escalating EBAY’s ongoing legal drama over the unit. EBAY denied the claims, but the suit could complicate the deal which is due to close in Q4 2009. Kodak takes a moment for financing. Eastman Kodak (EK) plans to raise up to $700M in debt to shore up its balance sheet. The financing, which is being led by Kohlberg Kravis Roberts, gives Kodak more …” – EBAY on Seeking Alpha Wall St Breakfast

“… in revenue, at a rate double what they earned for rating other financial products." Brown didn’t specify which companies will be investigated. GOOGLE focused on book deal. GOOGLE (GOOG) is reportedly in talks with the Department of Justice and a group of authors and publishers to modify its book-scanning settlement, with the hope of easing regulators’ concerns that GOOGLE’s ambitious project will discourage companies from competing for access to books online. Meanwhile, GOOGLE is buying reCaptcha, an online fraud prevention start-up, to use in its book-scanning project. Terms of the deal weren’t disclosed. Oracle’s sales cloud tech recovery hopes. Oracle (ORCL) reported quarterly earnings in-line with estimates (see details below), but its software sales were …” – GOOG on Seeking Alpha Wall St Breakfast

“… 4-14% decline Oracle had forecast, disappointing analysts hoping to see further signs of a tech sector rebound. Shares -2.1% premarket (7:00 ET). TOYOTA revs up for U.S. sales push. TOYOTA (TM) is planning a major marketing campaign to lift U.S. sales in Q4. The effort will cost $1B, which is 30-40% more than TOYOTA usually spends in a quarter, and will include subsidized leases and loans, customer incentives and financial support for dealer advertisements. The company also intends to expand its line of Prius hybrids. BoJ holds rates steady. As expected, the Bank of Japan left its key interest rate …” – TM on Seeking Alpha Wall St Breakfast

“… Google is buying reCaptcha, an online fraud prevention start-up, to use in its book-scanning project. Terms of the deal weren’t disclosed. ORACLE’s sales cloud tech recovery hopes. ORACLE (ORCL) reported quarterly earnings in-line with estimates (see details below), but its software sales were sharply lower than expected. New license sales were down 17% vs. the 4-14% decline ORACLE had forecast, disappointing analysts hoping to see further signs of a tech sector rebound. Shares -2.1% premarket (7:00 ET). Toyota revs up for U.S. sales push. Toyota (TM) is planning a major marketing campaign to lift U.S. sales in Q4. The effort will cost $1B, which is 30-40% more than …” – ORCL on Seeking Alpha Wall St Breakfast