Log in
Login
Password
Remember
Lost password
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 

4-Traders Homepage  >  News

News

Latest NewsCompaniesMarketsEconomy & ForexCommoditiesHot NewsMost Read NewsRecomm.Business LeadersVideosCalendar 

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

02/01/2013 | 07:16am US/Eastern

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

React to this article
Latest news
Date Title
11:25a GATX : Announces Quarterly Dividend
11:25aDJNVIDIA : Recalls 88,000 Shield Tablets
11:24a LANDSTAR SYSTEM : Management's Discussion and Analysis of Financial Condition and Results of Operations (form 10-Q)
11:24a COMPANIA DE MINAS BUENAVENTURA SAA : Buenaventura Announces Second Quarter and Six-Month Period 2015 Results
11:23a NYX GAMING : Amaya sells online casino platform for $150M to Las Vegas gaming group
11:23a NORREP CAPITAL MANAGEMENT LTD. : Declares Eligible Dividend to Shareholders
11:23a Digital Trends Taps Moat as Preferred Viewability Partner
11:22a NRTH ST TELE'A' : Foothill's Rosero wins RSPY for Best Individual Sport Athlete
11:21a GATEKEEPER SYSTEMS : 2015-07-31 -NR - Gatekeeper Systems Enters Into Marketing Services Agreement with Davis Research Corp
11:21a ATLANTIC PETROLEUM /F : Announces the Completion of the Sale of the Pegasus Discovery
Latest news
Advertisement
Hot News 
CAMBIUM GLOBAL TIMBERLAND : Appoints Tony Gardner As Chairman
ANGLESEY MINING : Final Results and annual report
EQUATORIAL PALM OIL : Non-Executive Buys Shares (DIRECTOR DEALINGS)
ENTEGRA FINANCIAL : posts 2Q profit
CHIME COMMUNICATIONS : Rule 2.7 Announcement - Chime Communications plc
Most Read News
06:07a WPP, Providence to buy Chime in sports marketing push
07/30 CHINA BIO MED REGENERATION TECHNOLOGY : Company Information Sheet (GEM)
10:17a Dow, S&P dragged down by poor earnings from Exxon, Chevron
07/30 RINNAI : Notification of Personnel Changes
07/30 Harper Government Invests in Improvements to Sturgeon County's Community Infrastructure
Most recommended articles
11:21aDJFashion Designer Alexander Wang to Leave Balenciaga
11:21aDJBASF, Gazprom Sign MOU to Expand Nord Stream Pipeline
11:21a EU opens in-depth inquiry into Fedex's planned takeover of TNT
11:20a DEUTSCHE BANK : to freeze executive bonuses - source
11:17aDJCopper Prices Fall on Worries About Chinese Demand