ThinkstockCaterpillar Inc. (NYSE: CAT) reported fourth-quarter and full-year 2012 results before markets opened this morning. For the quarter, the heavy equipment firm posted diluted earnings per share (EPS) of $1.04 on revenues of $16.08…
ThinkstockHoneywell International Inc. (NYSE: HON) reported fourth-quarter and full-year 2012 results before markets opened this morning. For the quarter, the conglomerate posted adjusted diluted earnings per share (EPS) of $1.10 on revenues of $9.58…
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…
ThinkstockFactory output across Europe continued to collapse in November, which will cause economists to extend the period during which they expect most nations in the region to stay in recession, as well as raise…
Frank Golhen, via Wikimedia CommonsAlcoa Inc. (NYSE: AA) is set to kick off earnings season for the fourth quarter after the close on Tuesday. This matters more than any of us would like, mainly…
ThinkstockNuclear commercial services firm EnergySolutions Inc. (NYSE: ES) announced this morning that it is being acquired by a subsidiary of private equity firm Energy Capital Partners II LLC in a transaction worth about $1.1…
ThinkstockMarkit issued its year-end eurozone PMI data. The summary of the report: Data collected 5–14 December. • Final Eurozone Manufacturing PMI at 46.1 in December (flash estimate 46.3) • Downturn remains widespread, with all nations bar…
ThinkstockInvestors abandoned shares of Smith & Wesson Holding Corp. (NASDAQ: SWHC) and Sturm, Ruger & Co. (NYSE: RGR) after the Newtown shootings. Private equity firm Cerberus Capital Management plans to sell its Remington Outdoor Company…
courtesy General Electric Co.For the fifth time in three years, General Electric Co. (NYSE: GE) is raising its quarterly dividend. This time by $0.02 to $0.19 a share, almost double its level following a…
Mark Hirschey / Wikimedia CommonsWarren Buffett’s Berkshire Hathaway Inc. (NYSE: BRK-A) (NYSE: BRK-B) apparently is living up to at least some of its former buyback ambitions that the company telegraphed before. What is odd is…
After reporting a strong PMI figure for China, Markit posted slightly positive numbers for the United Kingdom, a sign that its austerity, unemployment and lack of demand for goods and services from Europe have…
Timken Co. (NYSE: TKR) has been in business for more than 100 years, making bearings and steel for a variety of industrial products. Now the company’s largest single shareholder, activist firm Relational Investors LLC,…
ThinkstockIn an announcement of its annual investor conference today, Corning Inc. (NYSE: GLW) said that it expects the retail market for LCD TV sets and other consumer electronics devices to improve in the current…
ThinkstockOne way to cushion the shareholders’ presumed fall of the fiscal cliff is to distribute some cash now, before the tax on dividends jumps. Westlake Chemical Corp. (NYSE: WLK) is the latest participant in…
ThinkstockIn the third calendar quarter of 2012, the share of corporate bonds that were downgraded totaled 1.3% of issuances, flat with the share downgraded in the second quarter. The share that was upgraded, however,…