United Microelectronics (NYSE:UMC) reported quarterly earnings of $0.25 per share which beat the analyst consensus estimate of $0.25 by 0.4 percent. This is a 6.81 percent increase over earnings of $0.23 per share from the same period last year. The company reported quarterly sales of $2.21 billion which beat the analyst consensus estimate of $2.15 billion by 2.79 percent. This is a 3.46 percent increase over sales of $2.14 billion the same period last year.
Scotiabank Downgrades Saputo to Sector Perform, Lowers Price Target to C$37
Scotiabank analyst George Doumet downgrades Saputo (TSX:SAP) from Sector Outperform to Sector Perform and lowers the price target from C$40 to C$37.
