Jul 19 2012 @ 00:49
Technology giant International Business Machines Corp. (
NYSE:IBM) raised its earnings outlook for 2012 despite a challenging macro environment.
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.
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.
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.
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.
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.
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.
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.
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.
Jul 12 2012 @ 10:10
A bankruptcy court approved Patriot Coal Corporation’s (PINK:PCXCQ) $802 million debtor-in-possession financing.