Berkshire Hathaway Inc. (NYSE: BRK-B) rarely gets analyst research calls from Wall St. research and independent research shops. When it does, many investors tend to pick apart the data hoping to find one more…
Navistar International Corp. (NYSE: NAV) reported third-quarter 2012 earnings per share (EPS) of $1.22 on $3.3 billion in revenue before markets opened today. In the same period a year ago, the truck and engine…
Following a months-long auction process, E.I. du Pont de Nemours and Co. (NYSE: DD) has agreed to sell its performance coating unit (DPC) to the Carlyle Group (NASDAQ: CG) for $4.9 billion in cash.…
German newspaper Boersen-Zeitung reports that industrial giant Siemens AG (NYSE: SI) may cut thousands of jobs in the fall. The action is described as “explosive,” at least as far as a rough translation says.…
Industrial production in the United States increased 0.6% in July, after rising just 0.1% in May and June, according to data released Wednesday by the Federal Reserve. Manufacturing output rose 0.5%, mining output rose 1.2%…
Deere & Co. (NYSE: DE) reported fiscal third-quarter earnings per share (EPS) of $1.98 and $9.59 billion in revenues before markets opened this morning. In the same period a year ago, the tractor and…
Germany’s Economy Ministry reported this morning that factory orders for June fell by a seasonally adjusted 1.7%, double the expected decline of 0.8%. Compared with June 2011, orders fell by 7.8%. The big drop…
Microsoft Corp. (NASDAQ: MSFT) announced today that it is converting its long-time Hotmail web email to another long-time Microsoft brand: Outlook. The new brand, outlook.com, will tie the company’s industry-leading office Microsoft Office software…
Wikimedia CommonsGeneral Electric (NYSE: GE) has spent more than $1 billion on Olympic projects, the company announced Monday. The Fairfield, Conn.-based company says it has supplied, among other things, medical scanners and other health monitoring devices…
The Dow Chemical Co. (NYSE: DOW) traded more than 3% lower following the opening bell, after the company posted disappointing earnings and sales numbers earlier this morning. Dow reported second-quarter adjusted earnings per share…
United Technologies Corp. (NYSE: UTX) reported earnings that beat analyst estimates, but also had to lower its full-year profit outlook due to a slowing economy in Europe and a weaker currency. The company’s net income…
Corning Inc. (NYSE: GLW) this morning reported second-quarter adjusted earnings of $0.31 per share and $1.91 billion in revenue. Earnings per share (EPS) fell from $0.48 in the same period a year ago, and…
Caterpillar Inc. (NYSE: CAT) this morning reported second-quarter earnings per share (EPS) of $2.54 and $17.37 billion in revenue. EPS rose from $1.57 in the same period a year ago, while revenue was up…
Warren Buffett of Berkshire Hathaway Inc. (NYSE: BRK-A) (NYSE: BRK-B) is often considered the greatest investor in modern times. Some of us think that his status should be one of “The greatest investors of…
A report today from an analyst at Capstone that Facebook Inc.’s (NASDAQ: FB) US user numbers have fallen by 1.1% over the past six months pushed the stock down by about -3.8% in the…