Archive

Year: 2013

All Year: 2013 Articles

Newest first · Page 65

Corning Shares Sag on Outlook, Lower Earnings

courtesy of SamsungCorning Inc. (NYSE: GLW) reported fiscal third quarter 2013 results before markets opened Wednesday morning. For the quarter, the specialty glass products maker posted adjusted diluted earnings per share (EPS) of $0.33…

Paul Ausick · 13 years ago

Did the Delayed DJIA Record Cause the Sell-Off?

Frank Golhen, via Wikimedia CommonsStocks rise and fall for many reasons, many of which seem very counterintuitive. So what are investors supposed to take out of Wednesday’s stock market sell-off? Hopefully, not much, but…

Jon C. Ogg · 13 years ago

Western Union 2014 Profit Outlook Shakes Investors

ThinkstockAfter markets closed on Tuesday evening, payment services giant Western Union Co. (NYSE: WU) reported third-quarter results that met the consensus estimate for revenues and beat the estimate on earnings per share (EPS). But…

Paul Ausick · 13 years ago

Shrinking U.S. Gasoline Supply Supports Higher Crude Oil Price

ThinkstockThe U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning. U.S. commercial crude inventories increased by 4.1 million barrels last week, bringing a total U.S. commercial crude inventory to 383.9…

Paul Ausick · 13 years ago

NQ Mobile Takes Big Bounce — Off a Bottom?

ThinkstockOn Tuesday we speculated that shares of Chinese mobile Internet services provider NQ Mobile Inc. (NYSE: NQ) may have reached a bottom. Shares finished the day up more than 25% and are on another…

Paul Ausick · 13 years ago

Sprint’s Subscriber Numbers Fall, Posts Profit on Clearwire Gain

courtesy of Sprint Corp.Sprint Corp. (NYSE: S) reported third-quarter 2013 results before markets opened Wednesday morning. The country’s third largest wireless carrier posted revenues of $8.68 billion and an operating loss of $398 million.…

Paul Ausick · 13 years ago

Phillips 66 Earnings Suffer from Higher Crude Prices

ThinkstockPhillips 66 (NYSE: PSX) reported third-quarter 2013 results before markets opened Wednesday morning. The oil refiner posted adjusted diluted earnings per share (EPS) of $0.87 on revenues of $44.85 billion. In the same period…

Paul Ausick · 13 years ago

North American Sales Boost GM Earnings

courtesy of General Motors Co.General Motors Co. (NYSE: GM) reported third-quarter 2013 results before markets opened Wednesday morning. The automaker posted diluted earnings per share (EPS) of $0.45 on revenues of $39.0 billion. In…

Paul Ausick · 13 years ago

Comcast Earnings Point to New High

ThinkstockComcast Corp. (NASDAQ: CMCSA) reported third-quarter 2013 results before markets opened Wednesday morning. The cable operator posted adjusted diluted earnings per share (EPS) of $0.65 on revenues of $16.15 billion. In the same period…

Paul Ausick · 13 years ago