Courtesy 3M Company3M Co. (NYSE: MMM) reported fourth-quarter and full-year 2012 results before markets opened this morning. For the quarter, the conglomerate posted diluted earnings per share (EPS) of $1.41 on revenues of $7.39…
courtesy Boeing Co.Southwest Airlines Co. (NYSE: LUV) reported fourth-quarter and full year 2012 results before markets opened this morning. For the quarter, the airlines posted adjusted diluted earnings per share (EPS) of $0.11 on…
courtesy of Nokia Corp.Nokia Corp. (NYSE: NOK) reported fourth-quarter and full year 2012 results before markets opened this morning. For the quarter, the mobile handset maker posted adjusted diluted earnings per share (EPS) of…
courtesy of Netflix Inc.Netflix Inc. (NASDAQ: NFLX) reported fiscal fourth quarter and full-year 2012 results after markets closed today. For the quarter, the video distribution company posted adjusted diluted earnings per share (EPS) of…
U.S. equity markets opened higher this morning following a string of solid earnings reports yesterday and after markets closed last night. As we note below, earnings results were more mixed today, but shares held…
ThinkstockThe U.S. House of Representatives today approved legislation that lifts the debt ceiling and allows the Treasury Department to borrow more money. The bill postpones the day of decision from sometime next month until…
thinkstock Today got off to a bit of a rocky start on earnings. McDonald’s Corp. (NYSE: MCD) beat estimates but not by much and growth appears to be stalled for the world’s largest fast…
ThinkstockFor the third consecutive week since the beginning of the year, the ICSC-Goldman Sachs index of retail sales is down. For the week ending January 19th, sales fell 1.5% from the previous week. For…
ThinkstockEven though demand for semiconductors fell in $297.6 billion in 2012, that still represents a lot of chips. The drop in demand is almost entirely due to higher consumer demand for mobile devices like…
ThinkstockOil industry information firm Platts reported today that Chinese demand for crude oil rose 7.7% in December 2012 to an average of 10.58 million barrels a day, the highest on record. The Platts analyst…
ThinkstockThe Federal Housing Finance Agency (FHFA) reported this morning that U.S. home prices rose 0.6% month-over-month in November, following an upward revision of the October housing price index to a gain of 0.6%. For…
ThinkstockForest products company Boise Cascade Co. (NYSE: BCC) will launch an initial public offering (IPO) today. About 11.8 million shares will be offered with an estimated price range of $16 to $18 a share.…
ThinkstockU.S. Airways Group Inc. (NYSE: LCC) reported fourth-quarter and full-year 2012 results before markets opened this morning. For the quarter, the airlines posted adjusted diluted earnings per share (EPS) of $0.26 on revenues of…
courtesy of McDonald'sMcDonald’s Corp. (NYSE: MCD) reported fourth-quarter and full-year 2012 results before markets opened this morning. For the quarter, the fast-food restaurant chain posted diluted earnings per share (EPS) of $1.38 on revenues…
ThinkstockCoach Inc. (NYSE: COH) reported second-quarter fiscal 2013 results before markets opened this morning. The luxury goods firm posted diluted quarterly earnings per share (EPS) of $1.23 on revenues of $1.5 billion. In the…
ThinkstockThe Mortgage Bankers Association (MBA) released its weekly report on mortgage applications this morning, noting a rise of 7% in the group’s seasonally adjusted composite index, following a rise of 15.2% for the previous…
ThinkstockBaker Hughes Inc. (NYSE: BHI) reported fourth-quarter and full-year 2012 results before markets opened this morning. The oil field services firm reported adjusted diluted quarterly earnings per share (EPS) of $0.48 on revenues of…
ThinkstockAdvanced Micro Devices Inc. (NYSE: AMD) reported fourth-quarter and full fiscal year 2013 earnings after markets closed today. For the quarter, the chipmaker posted an adjusted diluted earnings per share (EPS) loss of $0.14…
U.S. equity markets opened about flat this morning following the holiday weekend in the U.S. Foreign markets were also more or less mixed. In Europe, the German and eurozone economic indexes came in well…
ThinkstockHome improvement retailer Lowe’s Companies Inc. (NYSE: LOW) said today that it plans to hire about 45,000 seasonal employees at its U.S. stores this spring. The company also plans to add another 9,000 permanent,…