Archive

Year: 2013

All Year: 2013 Articles

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Corning’s Preliminary Earnings Overshadowed by Samsung Deal

courtesy of SamsungCorning Inc. (NYSE: GLW) reported preliminary third-quarter 2013 results after markets closed Tuesday night. The company said it was doing so to “facilitate communications with investors” regarding agreements the company made with…

Paul Ausick · 13 years ago

Real Estate Merger to Create Largest Net Lease REIT, Boost Dividends

ThinkstockWednesday morning brought the announcement of a merger between American Realty Capital Properties Inc. (NASDAQ: ARCP) and Cole Real Estate Investments Inc. (NYSE: COLE). That will create a single company with an enterprise value…

Paul Ausick · 13 years ago

U.S. Crude Supply Gains Push Prices Down

ThinkstockThe U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning. U.S. commercial crude inventories increased by 5.2 million barrels last week, maintaining a total U.S. commercial crude inventory to 379.8…

Paul Ausick · 13 years ago

A Small Gain for Home Prices: FHFA

ThinkstockThe Federal Housing Finance Agency (FHFA) reported this morning that U.S. home prices rose 0.3% sequentially in the month of August. Compared with August 2012, the house price index has gained 8.5%. The FHFA…

Paul Ausick · 13 years ago

No Inflation Seen from Import and Export Prices in September

ThinkstockWednesday morning brought yet another delayed economic report from the Labor Department. This was the import and export prices for September, and it is a precursor to inflation readings in many counts. The good…

Jon C. Ogg · 13 years ago

Boeing Raises Guidance, Shares Take Aim at New High

courtesy Boeing Co.The Boeing Co. (NYSE: BA) reported third-quarter 2013 results before markets opened Wednesday morning. For the quarter, the aerospace company posted adjusted diluted earnings per share (EPS) of $1.80 on revenues of…

Paul Ausick · 13 years ago

Caterpillar Slashes Guidance Following Another Round of Weak Results

ThinkstockCaterpillar Inc. (NYSE: CAT) reported third-quarter 2013 results before markets opened Wednesday morning. For the quarter, the heavy equipment firm posted diluted earnings per share (EPS) of $1.45 on revenues of $13.42 billion. In…

Paul Ausick · 13 years ago

Is the Recession in Europe Really Over?

ThinkstockFive top European Union officials responsible for economic policy recently said in a Wall Street Journal op-ed, “Our response to the crisis, which is based on an integrated approach by member states and European…

Trey Thoelcke · 13 years ago

Mortgage Loan Rates at Four-Month Lows

The Mortgage Bankers Association (MBA) released its weekly report on mortgage applications Wednesday morning, noting a decrease of 0.6% in the group’s seasonally adjusted composite index, following a rise of 0.3% for the previous…

Paul Ausick · 13 years ago

Tax Refunds May Be Delayed by Government Shutdown

ThinkstockIt looks like tax refunds could be delayed by a week or more due to the recent government shutdown. The Internal Revenue Service (IRS) now says it will not begin processing returns until January…

Trey Thoelcke · 13 years ago