DST Systems Inc. (DST) reported earnings of 83 cents per share in the third quarter, missing the Zacks Consensus Estimate of 95 cents per share.  Revenue  Total revenues for the quarter were $551.7 million, down 1.6% from $560.4 million in the year-ago quarter. Excluding reimbursements, operating revenues came in at $395.6 million, down 4.5% from $414.2 million in the year-ago quarter. This decrease was attributable to an $8.1 million decline in Financial Services, an $8.5 million decline in Output Solutions and a $1.0 million decline in Investments & Other Income.  The Financial Services decline resulted from lower volumes in international professional service, lower mutual fund shareowner services revenue and lower AWD software license revenues. The Output Solutions decline reflects fewer items mailed and images produced. The Investments & Other Income segment, mainly deriving revenue from rental income, declined as a result of lower rental activity. ...

Oracle Corporation (ORCL) announced first quarter of FY2010 earnings per share of 29 cents, matching the Zacks Consensus Estimate. First quarter total revenues were down 5% year over year at $5.1 billion. New software license revenues were down 17% to $1.0 billion. Technology new license revenues were $711 million, down 19% in constant currency and down 22% in U.S. dollars. The Americas declined 11%, EMEA was down 26% and Asia declined 22%. Applications for new license revenues were $317 million, unchanged from last year on a constant currency basis, and down 4% in U.S. dollars. The Americas grew by 6%, EMEA was up 3% and Asia declined 23%. Software license updates and product support revenues were up 6% at $3.1 billion. These revenues are annual fees customers pay to receive updated versions and enhancements of their existing products. Services revenues were $909 million, down 18% in ...

DST Systems' (DST) second-quarter revenue missed consensus estimates by 3.6%, while EPS exceeded by $0.03. Operating revenues of $404.5 million (excluding out-of-pocket reimbursements) was below our expectation of $407.7 million and adjusted EPS of $0.90 was below our expectation of $0.91.

Including out-of-pocket reimbursements, total revenues for the quarter decreased 3.3% to $554.0 million from $572.9 million in the year-ago quarter, below our estimate of $561.3 million. Excluding reimbursements, operating revenues came in at $404.5 million, a decrease of 5.2% from $426.6 million in the year-ago quarter. This decrease was attributable to a $6.8 million decline in Financial Services and a $13.6 million decline in Output Solutions.

The Financial Services decline resulted from lower international professional service, reduction in shareowner processing service revenue, lower AWD software license revenues, lower data processing support revenue and from changes in foreign currency exchange rates (principally changes between the U.S. dollar and the British

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Saturday December 20, 2008 Navivest

Allstate - (ALL) $31.86 +$1.92

Shares of the insurer were up as were other insurers, which were mostly up in the day, probably on the auto industry bailout that was announced by President Bush.

Apache – (APA) $74.57 +$4.76

Shares of oil and gas producer Apache were up after crude oil managed to eek out very modest gains on Friday.

Baker Hughes - (BHI) $29.99 +$1.74

Baker Hughes is a service provider to the oil and gas exploration industry and the shares were up in tandem with crude oil prices.

Darden Restaurants – (DRI) $28.55 +$4.57

Darden Restaurants, which among its holdings operates Olive Garden and Red Lobster, on Thursday, reported that its second quarter 2009 diluted net earnings per share from continuing operations were $0.42 cents, an increase of 40%, versus 30 cents in the prior year.

With analysts looking for just $0.31 per share, Wall Street must have been

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