Member access

4-Traders Homepage  >  News

News

Latest NewsCompaniesMarketsEconomy & ForexCommoditiesHot NewsMost Read NewsRecomm.Business LeadersVideosCalendar 

U.S. Stocks Open Broadly Higher -2-

05/02/2013 | 07:05am US/Eastern

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 nathalie.tadena@dowjones.com

Latest news
Date Title
13m ago Russian government approves law to clamp down on offshore tax sheltering
15m ago Greybull Capital buys UK's Monarch
25m ago BOEING : Uzbekistan Havo Yollari to launch new flight Tashkent-Riga-Tashkent
26m ago GAZPROM : to supply 330 mln m3 of gas to Jambul TPP to reduce cost of electricity supply from Kazakhstan
29m ago GRUPPA ILIM : Ilim Group receives annual National Forestry Award for efficient forest management
29m ago HUDSON BAY : Local filmmaker gives life to footage
29m ago NISSAN MOTOR : named in 'Best Global Brands for 2014'
29m ago ALLAHABAD BANK : Nabard rolls out Rs 100 cr scheme for fish farming
29m ago BAYERISCHE MOTOREN WERKE : BMW sales surge 36pc in Bahrain
29m ago Delphi Automotive Q3 Profit Rises, Updates Full Year View
Latest news
Advertisement
Hot News 
DIGITAL RIVER : Announces Agreement to be Acquired by Investor Group Led by Siris Capital Group for $26.00 per Share in Cash
EDREAMS ODIGEO : Statement responding to BA and Iberia statement
4IMPRINT : Full Year Expectations Underpinned By Strong Third Quarter
ATLANTIS RESOURCES : Raises GBP5.0 Million In Discounted Placing (ALLISS)
MERIT MEDICAL SYSTEMS : posts 3Q profit
Most Read News
1d ago MATSON : Shipping company pleads guilty in molasses spill
1d ago HEARTLAND EXPRESS : 2014 Q3 Earnings Release
1d ago APPLE : Time for all Apple products to enter China
5h ago PFIZER : Reports Vaccine Candidate Data
1d ago Fannie Mae settles shareholder lawsuit for $170 million
Most recommended articles
12m ago Russian government approves law to clamp down on offshore tax sheltering
14m ago Greybull Capital buys UK's Monarch
43m ago DEUTSCHE BANK LAWYER FOUND DEAD IN APPARENT NY SUICIDE : Wsj
1h ago Areva-Siemens raises claim to $4.4 billion over Finnish reactor delays
3h ago India's finance minister favors interest rate cut
Dynamic quotes  
ON
| OFF