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

News

Latest NewsCompaniesMarketsEconomy & ForexCommoditiesInterest RatesHot NewsMost Read NewsRecomm.Business LeadersCalendar 

U.S. Stocks Open Broadly Higher After Jobs Data -2-

share with twitter share with LinkedIn share with facebook
share via e-mail
0
02/01/2013 | 01:16pm CET

Eastman Chemical Co. (>> Eastman Chemical Company) swung to a fourth-quarter loss as the chemical-and-materials manufacturer recorded expenses related to asset impairments, restructuring and a recent acquisition. The company raised its 2013 adjusted earnings guidance.

Electro Scientific Industries Inc. (>> Electro Scientific Industries, Inc.) swung to a fiscal third-quarter profit on patent-related settlement proceeds, although it recorded an adjusted loss and lower revenue. The laser-systems manufacturer gave downbeat guidance for the current quarter.

Essex Property Trust Inc.'s (>> Essex Property Trust Inc) fourth-quarter earnings more than tripled as gains from co-investments boosted results for the West Coast owner of apartments, while funds from operations also improved.

Forest City Enterprises Inc. (FCEA, FCEB) said it currently has no definitive announcement to make on potential leadership succession, a response to recent media reports that the chief executive of Forest City Ratner Cos. intends to step down.

New home construction built up Fortune Brands Home & Security Inc. (>> Fortune Brands Home & Security Inc) sales growth in the fourth quarter, helping the home-fixtures and hardware company swing to a profit.

McKesson Corp.'s (>> McKesson Corporation) fiscal third-quarter earnings were down slightly as the medical-products distributor reported modest revenue growth that was offset by higher operating expenses. Adjusted earnings growth wasn't as strong as expected and the company lowered its fiscal year outlook.

NetSuite Inc.'s (N) fourth-quarter loss narrowed as the maker of cloud software continued to report strong demand from its business customers. The results beat analyst expectations.

PerkinElmer Inc.'s (>> PerkinElmer, Inc.) fourth-quarter loss narrowed as the manufacturer of health-testing equipment increased its revenue and recorded income-tax benefits.

PMC-Sierra Inc.'s (>> PMC-Sierra, Inc.) fourth-quarter profit fell 61% as the chip maker's revenue declined, though margins improved. Results topped analyst expectations.

Principal Financial Group Inc.'s (>> Principal Financial Group Inc) fourth-quarter profit rose 47% as the asset manager and insurer reported higher core earnings from retirement and investor services, and fewer investment losses.

Reinsurance Group of America Inc.'s (>> Reinsurance Group of America Inc) fourth-quarter profit rose 61% as the life reinsurer saw strong results from its North American businesses, and investment income jumped.

EveryWare Global Inc. will merge with ROI Acquisition Corp. (>> ROI ACQU) in a cash and stock deal that values the manufacturer and distributor of tableware at about $420 million.

Wynn Resorts Ltd.'s (>> Wynn Resorts, Limited) fourth-quarter profit fell 41% as the casino operator reported lower revenue in Macau.

Write to Anna Prior at anna.prior@dowjones.com

Subscribe to WSJ: http://online.wsj.com?mod=djnwires

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news
Date Title
08:53a GRUPO AEROMEXICO DE CV : Aeromexico announces Seoul, South Korea as its new destination in Asia
08:53a DGAP-NEWS : NORDWEST Handel AG: Konzern-Geschäftsvolumen mit 2,1 Mrd. EUR deutlich über Vorjahr
08:51a SOLD OFFS : Contract for CSV "Normand Installer" with PT. Saipem Indonesia
08:50a BONMARCHE : Sales Down At Christmas But Margin Helped By Later Promotion
08:49aDJBANK OF NEW YORK MELLON : BNY Mellon Cost Cuts Lift Profit -- WSJ
08:49aDJAHEAD OF THE TAPE : GE's Stock Upswing Needs More Power -- WSJ
08:49aDJFinance Watch -- WSJ
08:49aDJNew Year Brings Deal Flurry In Europe -- WSJ
08:49aDJGerman Producer Prices Post Strongest Annual Rise in Four Years
08:49aDJRailroad Maverick Buoys Investors -- WSJ
Latest news
Advertisement
Hot News 
0.51%China cuts reserve ratios for big five banks temporarily amid cash crunch - sources
-0.13%PETROLEO BRASILEIRO PETROBRAS : Brazil Judge in Charge of Car Wash Case Dies in Plane Crash -- Update
Most Read News
01:50a TOSHIBA MAKING PREPARATIONS FOR SALE OF STAKE IN CHIP BUSINESS : sources
01/19 TESLA MOTORS : U.S. regulator finds no evidence of defects after Tesla death probe
01/19 AMERICAN EXPRESS : AmEx profit misses estimates on higher marketing spend
01/19 VIACOM : China extends Hollywood push with $1 billion Paramount investment
01/19DJJPMORGAN CHASE : J.P. Morgan CEO to Get $28 Million in 2016 Compensation -- 2nd Update
Most recommended articles
01/17DJS&P 500, Nasdaq Futures -- Technical Analysis
02:49aDJBANK OF NEW YORK MELLON : BNY Mellon Cost Cuts Lift Profit -- WSJ
02:49aDJAHEAD OF THE TAPE : GE's Stock Upswing Needs More Power -- WSJ
02:49aDJFinance Watch -- WSJ
02:49aDJRailroad Maverick Buoys Investors -- WSJ