NYSE Market News

AT&T Reports Higher Q2 Profit (T)

Jul 24 2012 @ 17:13
AT&T Inc. (NYSE:T) today reported a higher profit in its second quarter as it held on to subscribers.

United Parcel Service Cuts 2012 Outlook, Stock Slips (UPS)

Jul 24 2012 @ 17:12
United Parcel Service Inc. (NYSE:UPS) today cut its economic outlook for the remainder of the year. UPS expects the slowdown in the global economy to reduce demand for its logistics services.

Genesee and Wyoming acquires RailAmerica; Share Price Rises

Jul 23 2012 @ 10:28
Several law firms are launching investigations into Genesee and Wyoming’s (NYSE:GWR) acquisition of RailAmerica (NYSE:RA).  The investigation seeks to resolve whether RailAmerica’s board appropriately searched for a deal that would provide the best value for its shareholders before agreeing to terms with GWI.  The current deal with GWI would pay shareholders $27.50 per share, an...

Halliburton’s Q2 Profit Beats Estimates (HAL)

Jul 23 2012 @ 09:46
Oil and natural gas services company Halliburton Company (NYSE:HAL) reported that its second-quarter net income was flat due to a slowdown in North American drilling. However, the company’s adjusted earnings beat Street estimates.

McDonald’s Q2 Profit Falls (MCD)

Jul 23 2012 @ 09:45
McDonald’s Corporation (NYSE:MCD) today posted lower-than-expected second-quarter profit due to a slowdown in the global economy and a stronger dollar. MCD also said that its comparable-restaurant sales would slow this month, sending the stock lower in pre-market trading.

Union Pacific’s Q2 Profit Rises 28% (UNP)

Jul 19 2012 @ 16:43
Transportation company Union Pacific Corporation (NYSE:UNP) today reported a 28% increase in its second-quarter profit, driven by higher prices and fuel surcharges.

Morgan Stanley’s Q2 Profit Misses Estimates; Stock Tumbles (MS)

Jul 19 2012 @ 16:07
Morgan Stanley (NYSE:MS) today reported its second-quarter financial results. The New York City-based company reported a sharp decline in second-quarter profit. MS’s revenue for the quarter also fell sharply, sending the stock down sharply in trading today.

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.
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