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Orlando unit helps lift Lockheed 1stQ sales
Lifted in part by some of its Orlando-based missile work, Lockheed Martin Corp. posted a healthy first-quarter profit Tuesday that topped Wall Street's forecast and sent the company's stock price rising. Bethesda, Md.-based Lockheed, which has a major...
Tags: Lockheed Martin Corp., Weaponry, Orlando Weather, Orlando, Unrest, Conflicts and War
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Stocks rise thanks to strong earnings reports
Stocks got off to a strong start Tuesday despite a batch of dispiriting global economic data. As of 7:15 a.m. PDT, the Dow Jones industrial average jumped 119.83 points, or 0.8%, to 14,687. The gain gave hope to market bulls after last week’s...
Tags: Netflix Inc., China, United Technologies Corporation, Apple Inc., Companies and Corporations
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Air Products slashes earnings forecast
Air Products saw its second-quarter earnings edge down amid unexpected economic head winds ... Bill could lead largely to end of Internet sales tax loophole ... EPA criticizes environmental review of Keystone XL pipeline ... Delays hit major airports as...
Tags: Keystone XL Pipeline, Air Products and Chemicals, Inc., U.S. Environmental Protection Agency, Walmart
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Hackers compromise AP Twitter account
NEW YORK (AP) — The stock market briefly dropped, then recovered, after the Associated Press' Twitter account was hacked and a fake tweet about an attack on the White House was posted. The tweet said that there had been two explosions at the White...
Tags: The Associated Press, Financial Markets, Barack Obama, Twitter, Inc., Media Industry
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Air Products CEO: 'We are tempering our expectations'
Air Products' second-quarter earnings edged down amid unexpected economic headwinds that prompted the company to slash its earnings forecast. The Trexlertown company reported Tuesday it earned a profit of $300 million on sales of $2.5 billion during...Tags: Trexlertown, Air Products and Chemicals, Inc., Electronics, Allentown, Earnings
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Caterpillar lowers 2013 outlook
Caterpillar Inc. reported first-quarter results Monday that missed analysts' expectations and lowered its full-year outlook, citing lower sales of mining equipment. The Peoria-based maker of earthmoving equipment said it expects 2013 revenue of $57...
Tags: Inventories, Caterpillar Inc., Metal and Mineral, China, Companies and Corporations
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Energy stocks lead a turnaround on Wall Street
Investors remained cautious at the start of a big week for company earnings on Wall Street. About a third of the companies in the Standard & Poor's 500 index, including Exxon Mobil and Apple, are reporting earnings this week. Analysts currently expect...
Tags: Financial Markets, Goldman Sachs Group, Inc., Gulf of Mexico Oil Spill (2010), General Electric Company, China
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Caterpillar dealers report decline in equipment sales
When the world economy slows, heavy-equipment manufacturer Caterpillar Inc. feels the pinch. On Friday, the Peoria-based company said first-quarter dealer sales of its machines were down 11 percent worldwide. Analysts expect the company on Monday to...
Tags: Xi Jinping, Caterpillar Inc., Metal and Mineral, China, Mining
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Titan Machinery 4Q profit falls, revenue climbs
WEST FARGO, N.D. (AP) - Titan Machinery Inc.'s fiscal fourth-quarter net income fell 12.5 percent as operating expenses rose and its construction segment dealt with tough industry conditions. The agricultural and construction equipment provider's...Tags: Manufacturing and Engineering, Machine Manufacturing, Earnings, Companies and Corporations, Economy, Business and Finance
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Stocks fall on jobs report
NEW YORK — The government's disappointing jobs report disheartened investors about the pace of the global economic recovery, and short-circuited a rally that pushed stocks up more than 10% during the first three months of the year. Investors...
Tags: Financial Markets, Credit Ratings, Prudential Financial Incorporated, Federal Reserve, JPMorgan Chase & Co.
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Carnival to invest $300 million in wake of Triumph debacle
Carnival Cruise Lines will spend up to $300 million to add an extra generator in each ship and improve fire suppression systems in response to the high-profile malfunctions that hobbled the Carnival Triumph cruise ship earlier this year. Carnival's...
Tags: Carnival Cruise Lines, Manufacturing and Engineering, Carnival Corporation, Festive Events, Shipbuilding
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JPMorgan Chase, Wells Fargo post sharply higher profits
Two of the nation's healthiest banks reported sharply higher profits and fewer loan delinquencies as bank earnings season began, but a slowdown in the mortgage business disappointed investors. JPMorgan Chase & Co.'s first-quarter earnings rose 33% and...Tags: Real Estate, Credit Ratings, Loans, Mortgages, Jamie Dimon
Apr 23, 2013
|Story| Orlando Sentinel
Apr 23, 2013
|Story| Los Angeles Times
Apr 23, 2013
|Story| Allentown Morning Call
Apr 23, 2013
|Story| Petoskey News
Apr 23, 2013
|Story| Allentown Morning Call
Apr 23, 2013
|Story| Chicago Tribune
Apr 22, 2013
|Story| Los Angeles Times
Apr 22, 2013
|Story| Chicago Tribune
Apr 19, 2013
|Story| Aberdeen News
Apr 6, 2013
|Story| Los Angeles Times
Apr 17, 2013
|Story| Los Angeles Times
Apr 12, 2013
|Story| Los Angeles Times
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