Consumer goods giant Procter & Gamble Co. (NYSE: PG) reported third fiscal quarter results this morning that were about in-line with expectations, but the company’s lowered full-year forecast is pushing shares down. Johnson &…
courtesy of Chevron Corp.Chevron Corp. (NYSE: CVX) is the last of the big three US integrated oil companies to report first quarter earnings, and the first to show a profit gain compared with the…
Higher revenues and profits in its North American region boosted first-quarter results at Ford Motor Co. (NYSE: F). The company posted EPS of $0.18, well above the consensus estimate of $0.08, on revenues of…
Timber and wood products firm Weyerhaeuser Co. (NYSE: WY) reported first quarter earnings this morning, and the results were somewhat better than expected. The company posted adjusted EPS of $0.02, better than the consensus…
Market research firm comScore Inc. (NASDAQ: SCOR) reported today that the Kindle Fire from Amazon.com Inc. (NASDAQ: AMZN) is the market share leader by a wide margin among tablet devices using the Android operating…
Markets opened a few ticks lower this morning after a poor report on new claims for unemployment benefits in the US (our coverage here). The report that pending home sales jumped 4.1% lit a…
About 70 people have been evacuated from an area within a 5-mile radius of a natural gas well about 10 miles northeast of Douglas, Wyoming, has been leaking mud and natural gas since late…
There could be a new big dog in the propane distribution business soon, following this morning’s announcement by Suburban Propane Partners LP (NYSE: SPH) that it has reached an agreement to acquire the propane…
According to the latest data from the National Association of Realtors (NAR), pending home sales rose 4.1% in March to a Pending Home Sales Index reading of 101.4, up from a revised 97.4 reading…
The US Energy Information Administration today reported the US natural gas stocks rose by a total of 47 billion cubic feet, just slightly above the 45 billion cubic feet increase that analysts had expected.…
Last month on-line recruiting service Monster Worldwide Inc. (NYSE: MWW) announced that it had hired advisers to help it decide whether or not to sell all or part the company. In order for that…
The board of directors of Chesapeake Energy Corp. (NYSE: CHK) has “determined that it does not intend to extend the company’s Founder Well Participation Program (FWPP) with its chief executive officer, Aubrey K. McClendon,…
coutesy of Exxon Mobile Corp.The world’s largest publicly held energy company, Exxon Mobil Corp. (NYSE: XOM), was not expected to post first quarter EPS that matched last year’s first quarter. The same was true…
Soft drink and snack food giant Pepsico Inc. (NYSE: PEP) reported first quarter earnings this morning that topped expectations. Adjusted EPS came in at $0.69 versus a consensus estimate of $0.67 and revenue rose…
Altria Group Inc. (NYSE: MO), the maker of Marlboro cigarettes and other products, reported earnings this morning that did not match expectations. The consensus estimate for EPS was $0.49 and the revenue estimate came…
Markets opened higher this morning, led by the Nasdaq which got a big boost from the strong report last night from Apple Inc. (NASDAQ: AAPL). The report from the US Census Bureau on durable…
Auto industry research firm truecar.com released its sales and incentives forecast for April today, and the company expects the sales forecast to translate to a seasonally adjusted annual rate of new car sales of…
Analysts at Goldman Sachs have noted that Saudi Arabia has increased its crude oil inventories by 34.5 million barrels in the three-month period from December 2011 to February 2012. Goldman views the increase as…
Two of the US’s largest airlines reported earnings today, Delta Air Lines Inc. (NYSE: DAL) and US Airways Group Inc. (NYSE: LCC), and both showed a profit thanks to mark-to-market gains on fuel hedges.…
Credit rating agency Standard & Poor’s has put coal miner Arch Coal Inc. (NYSE: ACI) on CreditWatch with negative implications, threatening a one-notch downgrade to the company’s current ‘junk’ rating of ‘BB-’. S&P states…