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
05:01p SLOVAK FINMIN KAZIMIR : Greece leaving euro zone seems realistic scenario
05:00p HYFLUX : Strategic Collaboration Between Hyflux And TUS-Holdings And Transaction In China Water Assets
04:58p SLOVAK FINANCE MINISTER KAZIMIR : Greece leaving euro zone seems realistic scenario
04:58p Deputy finance minister says Greece wants to keep euro
04:57p German calls for Grexit mount as EU stunned by 'No' vote
04:56p Greek PM says Athens ready to return to negotiating table
04:45p Macedonia central bank plans no new measures for now to shield from Greece
04:42p TUSK TO DECIDE ON MONDAY IF SUMMIT CAN GO AHEAD ON TUESDAY : Elysee
04:42pDJEmerging 'No' Vote in Greece Poses Merkel's Biggest Challenge -- Update
04:32p EUROGROUP MINISTERS TO MEET THIS WEEK TO DISCUSS GREEK VOTE : spokesman
Latest news
Advertisement
Hot News 
NATERA : Nasdaq: NTRA) to Ring The Nasdaq Stock Market Opening Bell in Celebration of IPO
UBISENSE : Hit By Contract Delays, To Restructure Operations
SEAE HLDG : SeaSpine Holdings Corporation Begins Trading on NASDAQ
OUTSOURCERY : New Debt Facilities from Vodafone
STADIUM : Trading In Line With China Facility Relocation On Track
Most Read News
07/04 PROVEXIS : Placing of shares via Primarybid.com
06:04a ADA : OPINION: Robert Ehlert: Idaho health needs attention beyond headlines
03:40a EMAAR PROPERTIES PJSC : Misr First Day of Trading on EGX
10:43a NOVARTIS : 'More efforts needed worldwide to prevent eye diseases'
02:45a DANA GAS PJS : This disclosure is made pursuant to article 33 of the regulations of the abu dhabi stock exchange as to disclosure and transparency
Most recommended articles
04:58p SLOVAK FINANCE MINISTER KAZIMIR : Greece leaving euro zone seems realistic scenario
04:58p Deputy finance minister says Greece wants to keep euro
04:57p German calls for Grexit mount as EU stunned by 'No' vote
04:56p Greek PM says Athens ready to return to negotiating table
04:45p Macedonia central bank plans no new measures for now to shield from Greece