Member access

4-Traders Homepage  >  News

News

Latest NewsCompaniesMarketsEconomy & ForexCommoditiesHot NewsMost Read NewsRecomm.Business LeadersVideosCalendar 

U.S. Stocks Open Higher; H-P Boosts Dow -2-

02/22/2013 | 06:56am US/Eastern

Intuit Inc.'s (>> Intuit Inc.) fiscal second-quarter profit dipped 40% as the delay in the beginning of the U.S. tax season reduced revenue for its core tax-preparation business, which was partly offset by strong adoption of its online financial services.

H.J. Heinz Co.'s (>> H.J. Heinz Company) fiscal third-quarter earnings slipped 5.3% as the ketchup maker recorded a larger loss from from discontinued operations, though organic sales continued to improve in emerging markets.

Microsoft Corp. (>> Microsoft Corporation) and Nikon Corp. (>> NIKON CORPORATION) have signed a patent licensing agreement that covers certain Nikon cameras running Google Inc.'s (>> Google Inc) Android operating platform.

Mohawk Industries Inc.'s (>> Mohawk Industries, Inc.) fourth-quarter earnings rose 55% as the carpeting-and-flooring company saw revenue growth and wider margins. The company issued first-quarter guidance that missed analysts' expectations.

A Mondelez International Inc. (>> Mondelez International Inc) subsidiary is voluntarily recalling certain varieties of BelVita biscuits as they might contain fragments of metal mesh due to a faulty screen at a third-party facility.

Newmont Mining Corp. (>> Newmont Mining Corp) swung to a fourth-quarter profit as a large write-down weighed on the gold-mining company's year-ago results. Adjusted earnings topped analyst expectations.

Nordson Corp.'s (>> Nordson Corporation) fiscal first-quarter earnings rose 9.6% as the maker of dispensing equipment reported strong revenue growth with a boost from acquisitions last year.

Public Storage's (>> Public Storage) fourth-quarter profit rose 23% as the real-estate investment trust posted wider margins, although revenue missed analysts' expectations.

Regions Financial Corp.'s (>> Regions Financial Corporation) board has elected President and Chief Executive Grayson Hall to replace Earnest W. Deavenport Jr. as chairman, effective May 16.

Tenaris SA's (TS, TEN.MI) fourth-quarter earnings fell 10% as the Luxembourg-based steel-pipe manufacturer recorded impairment charges, masking wider margins.

Texas Instruments Inc. (>> Texas Instruments Incorporated) raised its quarterly dividend 33% and boosted its share buyback program by $5 billion as the chip maker looks to increase shareholder value.

Wausau Paper Corp. (>> Wausau Paper Corp.) said it will close its technical specialty paper mill in Brainerd, Minn., in the second quarter, as the paper-products company looks to focus on its tissue business.

Write to Nathalie Tadena at nathalie.tadena@dowjones.com

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

React to this article
Latest news
Date Title
12:32p AMIRA NATURE FOODS : ANFI) Premieres “Basmati Bus” at Natural Products Expo West
12:32p ROMET LIMITED : Appoints Steve Heckman as Regional Sales Manager
12:31p NETFLIX : Tina Fey talks Ellie Kemper and 'The Unbreakable Kimmy Schmidt'
12:24p PARMALAT : Notice for call of Ordinary Shareholders' Meeting
12:24p NB GLOBAL FLOATING RATE INCOME FUND : Conversion Between Share Classes
12:24p ALLGEIER SE : 3/6/2015 - DGAP-Adhoc: Allgeier reports sales growth in financial year 2014
12:24p NORTHROP GRUMMAN : Photo Release -- Northrop Grumman Corporation Commits Support to Science, Technology, Engineering and Math Education Center in California
12:24p HOSPIRA : Inflectra™ (infliximab) patient registry reports interim results in the treatment of inflammatory bowel disease
12:24p DTP : Current report nr 3/2015 The signing of the credit agreement.
12:24p TELEPERFORMANCE : Monthly Information Regarding Shares and Voting Rights
Latest news
Advertisement
Hot News 
BELLZONE MINING : Financing Update and Restoration of Trading
SNOOZEBOX : Confirms Ealing Council Project With Mears Group
CHURCHILL MINING : Board Change
THOMAS COOK : Cook and Fosun Strategic Partnership
SEMILEDS : rsquo; Phosphor Converted (PC) LED Chip Series with ReadyWhite™ Phosphor Technology
Most Read News
03/05DJVOLKSWAGEN : to Announce Mexico Expansion Worth About $1 Billion -Reuters
03/05 WAREHOUSE : Summer shoppers go online with The Warehouse - growing sales 30%
03/05 BEACH ENERGY : Redemption of Convertible Notes
03/05DJE I DU PONT DE NEMOURS : DuPont : Plant Outage to Hurt Safety and Protection Unit in First Quarter
01:21a QUINDELL : in £7.1m sale of stake in accident repair firm Nationwide
Most recommended articles
12:21p Investors shun UK utilities as election nears
12:20p AUD/USD Threatens Bullish Momentum- NZD/USD Carves Top Ahead of RBNZ
12:19pDJUK Factory Output Likely Rose in January, Economists Say
12:15pDJSika Setback in Fending Off Saint-Gobain--Update
12:14p SERGIO MARCHIONNE : Fiat Chrysler's Marchionne got 83 percent pay hike in 2014
Dynamic quotes  
ON
| OFF