announces the list of quoted securities in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently in the blog include: Deutsche Bank AG (DB), Health Net (HNT), UNITEDHEALTH (UNH), Monster Worldwide, Inc. (ERU) and Yahoo! (YHOO).
Deutsche Bank Utilities Active
Deutsche Bank AG (DB) said net income for the fourth quarter of 1.3 billion € (1.9 billion dollars) or € 2.00 per share, compared to a net loss of 4.8 billion € or 8 €, 71 per share last year. The results were driven primarily by a tax benefit. In addition, the company has increased sales and business revenue in the quarter.
The company saw a profit of € 554 million of tax benefits recorded in the quarter following the recognition of deferred tax assets in the United States of € 790 million.
For the full year, the bank earned € 5.0 million euros (6.95 billion dollars) or € 7.59 per share. This compared to a loss of € 3.9 billion, or € 7.61 in 2008. The results in the period of the previous year was significantly affected by global economic crisis.
Net profit attributable to Deutsche Bank for the fourth quarter were € 5.5 billion (8.12 million dollars) compared to a negative € 853 million in the same quarter last year.
Top Health Net soon
Health Net (HNT) today announced fourth quarter profits per share (EPS) of 69 cents, beating the Zacks consensus estimate of 67 cents year-ago quarter and 61 cents.
For the full year 2009 EPS was $ 2.25 against $ 1.85 in 2008. This is $ 137.3 million excluding charges relating to the sale of its North UNITEDHEALTH (UNH) in December 2009. Given these costs, the company reported a quarterly loss of 43 cents per share, compared with EPS of 34 cents for the same period a year ago.
Net of Health reported $ 3.8 billions of United States (1.8% year over year) and 15.7 million (down 2.2%) of income for the fourth quarter and full year, respectively ,. The main reason for the decline was reduced membership due to an increase in unemployment.
The company produces premium receipts in the form of a plan of health services, government procurement, net gains on investments and rates of administrative services and other income. Quarterly health services plan premiums, or about 79% of total revenue decreased by 3% year over year to 2.9 billion dollars. Revenue from government contracts increased slightly to 754 million dollars during the quarter reported.
Relations Monster In-Line Numbers
Monster Worldwide, Inc. (ERU) has reported revenue of $ 213 million in the fourth quarter, down from 27% a year. Total revenues were positively affected by approximately $ 8 million due to fluctuations in exchange rates. The company generated 42% of its turnover outside the United States.
The company operates in three business segments: Monster Careers-North America, Monster Careers-International, and advertising and communications.
In the fourth quarter, Careers-North America generated revenue of $ 91 million, 33% year over year. Careers International revenue decreased by 28% to 88 million U. S. Internet Advertising & Fees generated revenue of $ 34 million, a slight increase compared to $ 33 million recorded in the last four years.
Monster has a loss from continuing operations of 1 million 1 cent per share, against a profit of $ 28 million or 24 cents per share for the quarter last year. This was in line with the Zacks consensus estimate.
During the quarter, Monster generated $ 33 million cash from operating activities and used $ 10 million in capital expenditures.
Since December 31, 2009, the Company had deferred revenue balance of $ 306 million compared to $ 414 million in the quarter last year and 266 million euros in the third quarter.
Monster has closed the quarter with cash and cash equivalents of $ 275.4 million, an increase of $ 222.2 million at the end of 2008.
For 2009, Monster had a turnover of 905 million dollars, down from 33% a year. The company recorded income from continuing operations of $ 19 million or 16 cents per share, compared to income from continuing operations of $ 114 million or 94 cents per share for the quarter last year.
Monster has also announced the signing of a definitive agreement with Yahoo! (YHOO) by which to acquire the assets of Yahoo! HotJobs, a leading online recruitment website. Addition, Monster and Yahoo! signed a Multi-Trade years, where Monster will become Yahoo! ‘s career and job content in Yahoo! At home in the United States and Canada.
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