All Entries Tagged With: "street"
Sony to launch new handheld in America Feb. 22
Sony Corp. (SNE, 6758.TO) will release its next-generation handheld videogame console next February as it ramps…
Fortescue total resources inventory rises
Fortescue Metals Group Ltd. (FMG.AU), one of Australia’s largest producers of iron ore, said Wednesday continued drilling at its Nyidinghu ore body has increased its total resource inventory to 11.42 billion metric tons.
CBOE options volume up; market share falling
CBOE Holdings Inc. CBOE +0.05% said average daily trading volume of options at its namesake exchange jumped 25% in September from a year ago even as its market share continued to decline.
Arch Coal slashes full-year view on production cut
Arch Coal Inc. ACI -5.14% slashed its full-year adjusted earnings outlook for the second time this year, attributing the lower view mostly on lost metallurgical coal production at the Mountain Laurel mine complex in West Virginia.
Isuzu to build new pickup truck plant in Thailand
Isuzu Motors Ltd. (7202.TO, ISUZY) said Thursday it will build a new plant in eastern Thailand to produce pickup trucks, with an eye to make the Southeast Asian country its base for export operations, Kyodo News reported.
SAIC agrees to $20 mln settlement on Navy billing
Science Applications International Inc. SAI -0.98% agreed to pay the government $20.4 million to settle charges it colluded with two government employees to gain a lucrative support contract.
Pervasip (PVSP)
Pervasip is a new generation communications company providing wholesale and retail Voice over Internet Protocol (VoIP) services.
PDL Biopharma sees revenue below street view
PDL BioPharma Inc. PDLI -1.04% projected third-quarter revenue that fell short of Wall Street expectations, mostly on reduced royalties from sales of cancer-drug Avastin.
OfficeMax sees sales decline, back-to-school weak
OfficeMax Inc. OMX +4.66% projected a slight decline in third-quarter sales from a year earlier due to soft back-to-school sales at the third-largest office-supply company.
Exxon, Rosneft sign pact to work in Russia, U.S.
U.S. oil major Exxon Mobil Corp. XOM -0.28% and Russia’s OAO Rosneft Tuesday announced a global joint venture that would include $3.2 billion in exploration offshore Russia,…
Oil Search first-half profit more than doubles
Oil Search Ltd. (OSH.AU) on Tuesday said first half profit more than doubled due to higher oil….
Gap profit off on weaker same store sales, margin
Gap Inc.’s GPS +0.09% fiscal second-quarter earnings fell 19% as the casual-apparel retailer reporter weaker comparable sales and margin.
Ralcorp rejects another raised bid from ConAgra
Ralcorp Holdings Inc. RAH +1.07% said Friday that it had rejected a third unsolicited takeover offer from ConAgra Foods Inc. CAG +0.78% that valued the private-label specialist at around $5.2 billion.
Zumiez names former Blue Nile executive as new CFO
Retailer Zumiez Inc. ZUMZ -0.84% has hired former Blue Nile Inc. NILE -.00% executive Marc Stolzman as its new chief financial officer, the company said in a filing Friday with the Securities and Exchange Commission.
SemGroup’s midstream unit files $181 million IPO
SemGroup Corp.’s SEMG +0.26% Rose Rock Midstream L.P. unit filed plans for an initial public offering of up to $181.1 million of common units, according to a filing with the Securities and Exchange Commission.
Wyndham boosts buyback program by $500 million
Wyndham Worldwide Corp.’s WYN +8.49% board augmented its share-repurchase program by $500 million, representing about 10% of its current market value.
Tractor Supply profit up 18%, outlook raised
Tractor Supply Co.’s TSCO -4.49% second-quarter earnings rose 18% as sales were helped by strong demand for animal and pet-related products.
Cintas profit rises 28%
Cintas Corp.’s CTAS +7.03% fiscal fourth-quarter earnings rose 28% as the uniform and business-supplies company booked stronger-than-expected revenue and as cost controls gave a boost to margins. For the new year, it projected earnings of $1.97 to $2.05 a share on revenue of $4 billion to $4.1 billion. Analysts polled by Thomson Reuters were looking [...]
Wells Fargo looks to cut costs by 12% by end 2012
Wells Fargo & Co. WFC +5.69% Chief Financial Officer Timothy Sloan told investors to expect steady–rather than swift– progress in the San Francisco-based bank’s mission to cut its costs by 12% to $11 billion per quarter by the end of 2012.
Acer taps Dave Chan head of China mobile devices
Taiwanese personal computer maker Acer Inc. said Monday it hired Dave Chan as general manager of its mobile device operations in China.
