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Ed Liston

International Business Machines Raises Full-Year Earnings Outlook (IBM)

Jul 19 2012 @ 00:49
Technology giant International Business Machines Corp. (NYSE:IBM) raised its earnings outlook for 2012 despite a challenging macro environment.
 

U.S. Bancorp Q2 Earnings Rise (USB)

Jul 18 2012 @ 09:42
U.S. Bancorp (NYSE:USB), one of the largest regional banks in the U.S., reported an 18% increase in its second quarter profit. The bank lowered its credit costs and posted robust revenue growth in the second quarter of 2012.
 

Honeywell’s Q2 Profit Beats Estimates (HON)

Jul 18 2012 @ 09:42
Diversified technology and manufacturing company Honeywell International Inc. (NYSE:HON) today reported better-than-expected second-quarter earnings, driven by robust U.S. demand for its building-control systems and specialty systems.
 

Intel’s Q2 Profit Falls but Beats Estimates (INTC)

Jul 18 2012 @ 00:59
Intel Corporation (NASDAQ:INTC), after-market close on Tuesday, reported its second-quarter financial results. INTC’s second-quarter earnings fell 4.3%, but beat Street estimates. The chipmaker, however, said that its revenue for the third quarter is expected to come in below Street estimates.
 

Yahoo Appoints Google’s Marissa Mayer as CEO (YHOO, GOOG)

Jul 17 2012 @ 12:23
Yahoo! Inc.’s (NASDAQ:YHOO) search for a new CEO is finally over. The Sunnyvale, California-based company has appointed Marissa Mayer of Google Inc. (NASDAQ:GOOG) as its new CEO.
 

Goldman Sachs Q2 Profit Drops 11% (GS)

Jul 17 2012 @ 10:50
Wall Street giant Goldman Sachs Group Inc. (NYSE:GS) today reported an 11% decline in its second-quarter profit as investment banking revenue fell due to a slowdown in M&A activity.
 

Bank Stocks Rise Sharply after JP Morgan and Wells Fargo Report Q2 Results (JPM, WFC)

Jul 13 2012 @ 15:20
Bank stocks rose sharply in trading on Friday after JP Morgan Chase & Co. (NYSE:JPM) and Wells Fargo & Co. (NYSE:WFC) reported solid second-quarter financial results.
 

Lexmark Tumbles on Weak Outlook (LXK)

Jul 13 2012 @ 15:19
Lexmark International Inc. (NYSE:LXK), on Thursday, said that its second-quarter financial results were negatively impacted by weak sales in Europe and a stronger dollar. Following the announcement, LXK stock fell sharply in trading on Friday.
 

SUPERVALU Reports Weak Q1 Results, Suspends Dividend (SVU)

Jul 12 2012 @ 10:11
U.S. supermarket chain SUPERVALU Inc. (NYSE:SVU) reported a sharp decline in its first-quarter profit. The Eden Prairie, Minnesota-based company also suspended its dividend, sending the stock down sharply in early trading today.
 

Patriot Coal Gets Bankruptcy Court’s Approval for DIP Financing (PCXCQ)

Jul 12 2012 @ 10:10
A bankruptcy court approved Patriot Coal Corporation’s (PINK:PCXCQ) $802 million debtor-in-possession financing.
 
 
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