Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  News  >  Markets

News : Markets

Latest NewsCompaniesMarketsEconomy & ForexCommoditiesInterest RatesBusiness LeadersFinance ProfessionalsCalendarSectors 

U.S. Stocks Open Broadly Higher -2-

share with twitter share with LinkedIn share with facebook
share via e-mail
0
05/02/2013 | 01:05pm CEST

Northeast Utilities' (>> Northeast Utilities System) first-quarter income more than doubled thanks to higher revenue following last year's merger with New England utility Nstar.

Pioneer Natural Resources Co.'s (>> Pioneer Natural Resources) first-quarter earnings fell 53% as the oil-and-gas exploration-and-production company's results were hurt by a loss on derivatives, though revenue and production increased.

Prudential Financial Inc.'s (>> Prudential Financial Inc) first-quarter loss narrowed as the insurer posted stronger revenue from premiums, helping mask higher investment losses.

RenaissanceRe Holdings Ltd.'s (>> RenaissanceRe Holdings Ltd.) first-quarter earnings fell 6.4% as the insurer recorded lower investment income, though its operating profit improved.

Stillwater Mining Company (>> Stillwater Mining Company) said its latest offer to resolve a proxy fight with Clinton Group Inc. was declined by the dissident shareholder.

Tenaris SA's (TS, TEN.MI) first-quarter earnings fell 5.7% as the Luxembourg-based steel-pipe manufacturer reported higher expenses.

Tesoro Corp.'s (>> Tesoro Corporation) first-quarter earnings increased 66% as the independent refiner continued to report stronger refining margins and increased fuel sales.

Proxy advisory firm Glass Lewis said it supports offshore oil-driller Transocean Ltd.'s (>> Transocean Ltd) proposed dividend over Carl Icahn's proposal for a higher payout, but also recommended shareholders vote for one of the activist investor's three board nominees.

Unum Group's (>> Unum Group) first-quarter earnings edged down amid impacts from net investment gains and pension adjustments, masking continuing growth in the insurer's U.S. business.

Write to Nathalie Tadena at [email protected]

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news "Markets"
10/23 TSX flat as declines in Eldorado, energy offset financials' gains
10/23DJStocks Slip to Start the Week on Disappointing Earnings
10/23 Wall Street closes lower, Treasury prices higher
10/23 Wall Street closes lower, Treasury prices higher
10/23DJMARKET SNAPSHOT : Dow, S&P 500 Snap 6-day Win Streak As Investors Wade Through Earnings Deluge
10/23DJStocks Slip to Start the Week
10/23DJADRs End Lower; DBV Technologies Trades Actively
10/23 Wall St. retreats from record as industrials, tech lag
10/23 Wall Street closes lower, Treasury prices higher
10/23DJStocks Slip to Start the Week
Latest news "Markets"
Advertisement