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 | 08:05am 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
4m ago GRAND CONCORD : Announcements and Notices - Unusual Price and Trading Volume Movement and Inside Information
15m ago ARTIS REAL ESTATE INVESTMENT : Westfield REIT Announces Pricing of Public Offering of Trust Units
21m ago FINANCIAL SUPERVISORY SERVICE : FSS to Conduct Regular Evaluation of Internal Audits at CSFC...
46m ago PETROMAROC : Announces Resignation of a Director
47m ago PetroMaroc Announces Resignation of a Director
54m ago PEOPLE GOVERNMENT OF JILIN PROVINCE : Yanbian Speeds up Adjusting the Industrial Structure and Makes Full Efforts to Build "Eco-Industries"
59m ago FAIRPOINT COMMUNICATIONS : Shea-Porter Statement on FairPoint Communications and Union Negotiations
59m ago APPLE : Serrano Announces Apple Donation of Technological Products to Bronx Schools Through ConnectED Initiative
1h ago FOOD RECALL WARNING (ALLERGEN) : Cool Runnings Brand Jamaican Style Curry Powder Recalled Due to Undeclared Peanut and Almond
1h ago BORALEX : Canadian Wind Energy Association (CanWEA) Announces Annual Award Winners at 30th Annual Conference and Exhibition in Montreal, Quebec
Latest news
Advertisement
Hot News 
BANCO ESPIRITO SANTO : Angola brings oil firm Sonangol into local BES bank
1SPATIAL : Interim Results for the six month period ended 31 July 2014
ULS TECHNOLOGY : Plunges As Improved Results Still Won't Meet Forecasts
REGIONAL MANAGEMENT : NYSE stocks posting largest percentage decreases
OPLINK COMMUNICATIONS : posts 1Q profit
Most Read News
1d ago J.P. MORGAN FOUND HACKERS THROUGH BREACH OF CORPORATE EVENT WEBSITE : media
1d ago GRUPO CARSO DE C V : Mexico could help realise Central America economic plan - ministry
1d ago EXCLUSIVE - U.S. PROBING STANDARD CHARTERED OVER DUBAI BANKING : sources
1d ago NETFLIX : Amazon hits back in on-demand TV war with Netflix: Comedy drama Transparent hailed as internet service's answer to House of Cards
1d ago Herbalife to pay $15 million to settle class action lawsuit
Most recommended articles
1h ago China's October factory growth unexpectedly hits five-month low - official PMI
1h ago CHINA'S OCT FACTORY GROWTH UNEXPECTEDLY HITS FIVE-MONTH LOW : official PMI
1h agoDJChina Manufacturing Falls to Five Month Low -- Update
1d ago J.P. MORGAN FOUND HACKERS THROUGH BREACH OF CORPORATE EVENT WEBSITE : media
1d ago Foreign access to China's card clearing market next August - report
Dynamic quotes  
ON
| OFF