Articles From: UPDATE: Caterpillar Expected To Cut 2013 Guidance In First-Quarter Report to UPDATE: Cummins 1st-Quarter Profit Down 38% as Demand Headwinds Persist


2013/4/21
(Updates with analyst comment in the final paragraph.) By Bob Tita Analysts expect Caterpillar Inc. (CAT) to trim its full-year profit and revenue guidance when the bellwether machinery maker reports first-quarter earnings Monday, reflecting the falling demand for its mining equipment.
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2013/4/5
(Adds details and comments) By Bob Tita Caterpillar Inc. (CAT) plans to lay off more than 460 workers at a central Illinois plant that produces big mining trucks.
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2013/4/25
--Sales of Celgene's new blood-cancer drug Pomalyst far exceed expectations --Increased costs from Pomalyst's launch contribute to a 4.1% drop in profit --Pomalyst fails in late-stage trial intended for expanded indication (Updates throughout to add details and company comment.) By Joseph Walker and Ben Fox Rubin Celgene Corp.'s (CELG) first-quarter profit fell 4.1% as higher expenses related to the launch of a new cancer drug offset stronger sales of its established products.
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2013/4/15
--Schwab first-quarter profit climbs, helped by increase in net new assets --Company posts best quarter of net new asset growth in first quarter since 2000 --Money market fund fee waivers fell 4.9% from a year ago, though rose 9.2% over the fourth quarter (Adds details on asset management unit, fee waivers, and trading activity throughout.) By Brett Philbin Charles Schwab Corp.'s (SCHW) first-quarter profit rose 5.6% from a year ago as a stock market rally boosted the company's net new assets by 12% and asset management and administration fees climbed 14%. Overall, Schwab, the largest discount brokerage by market capitalization at $22 billion , reported a profit of $206 million , up from a year-earlier profit of $195 million .
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2013/5/1
--Chesapeake sees stronger-than-expected revenue --Adjusted profit was 30 cents a share --SemGroup agrees to pay Chesapeake $300 million to buy certain assets in the Mississippi Lime play (Updates with SemGroup acquisition, share movement) By Mia Lamar Chesapeake Energy Corp.
Sign-up for UPDATE: Chesapeake Energy Swings to 1st-Quarter Profit investment picks
2013/4/1
--Chesapeake acting CEO gives no timeline for a permanent hire --Company pursuing smaller asset sales than in previous year --Rising natural-gas prices making asset sales more likely (Updates with analyst comment, other details.) By Ben Lefebvre Chesapeake Energy Corp.'s (CHK) acting chief executive declined to say Monday when the company expects to have a permanent chief executive to succeed Aubrey McClendon.
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2013/4/26
Chevron Corp.'s (CVX) first-quarter earnings dropped 4.5% as the energy producer showed itself as the latest victim of falling global oil prices.
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2013/4/10
--First two months of 2013 featured lower global oil production, oil prices and fuel sales than in the first three months of last year --Analysts now expect oil company to post flat earnings for the first quarter --Shares slip in after-hours trading By Ben Lefebvre Chevron Corp.
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2013/4/4
--Strikes at several ports holding up some 9,000 tons copper a day --State copper giant Codelco estimates it has $500 million in copper held up --Government says port strike could force smelters to close but industry participants disagree (updates with additional information on copper shipments) By Carolina Pica SANTIAGO, Chile --The ongoing strike at several Chilean ports is holding up copper shipments of about 9,000 metric tons of copper a day, Mining Minister Hernan de Solminihac said Thursday.
Sign-up for UPDATE: Chile Mining Minister: Ports Strike Holding Up 9,000 Tons of Copper a Day investment picks
2013/5/2
--Earnings rise over 10% --Revenue jumps, margins improve --2Q guidance below analysts' expectations (Adds comments from company's conference call) By Anna Prior and Karen Talley Church & Dwight Co.'s (CHD) first-quarter earnings rose 12% as the consumer products maker reported a jump in revenue and improving margins, helping results beat estimates.
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2013/5/2
-- Cigna earnings pressured by one-time charge, but adjusted results top Street --
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2013/4/24
--CEO Corbat: Won't be satisfied until credibility is rebuilt --Corbat: This year, share buybacks are "the right way" --Says the era of shrinking Citi is over (Adds comments from Chairman O'Neill and CEO Corbat about a break up of Citi , and share buybacks, starting in the second paragraph) By Matthias Rieker Citigroup Inc.'s (C) top executives said the bank is going to continue to favor share repurchases over dividends and promised the era of shrinking the company is over.
Sign-up for UPDATE: Citi CEO 'Won't be Satisfied' Until Citi Rebuilds Credibility investment picks
2013/4/15
-- Citi's first-quarter profit rose 30% from a year earlier, to $3.8 billion --
Sign-up for UPDATE: Citi's 1st-Quarter Beats Estimates as Profit Rises 30% to $3.8 Billion investment picks
2013/5/7
-- Citi demands to be compensated for more than $141 million in losses -- Citi claims it incurred losses by providing currency-clearing services to Lehman in September 2008 --
Sign-up for UPDATE: Citigroup Sues Barclays Over Crisis-Era Currency-Trade Clearing investment picks
2013/5/1
--Clorox's fiscal third-quarter profit up 0.8%, but sales weak --Freezing March sinks charcoal sales by double-digits --
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2013/5/2
-CME profit falls to $235.8 million , or 71 cents a share -Trading activity rises 1% over first quarter of 2012, though averge fee slips 3% -Lighter trade in agricultural, energy contracts, which carry higher fees (Updates with executive comment, additional detail on results, April trading volume.) By Mia Lamar and Jacob Bunge CME Group Inc.'s (CME) first-quarter earnings fell 12%, hurt by a decline in trading fees.
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2013/4/23
--North American sales rise again after buckling under competition during holidays --Revamped footwear business resonates with shoppers --Shares rise 9.6% but remain negative for the year (Updates with analyst comment in the third paragraph, executive comment in the sixth paragraph and further details and context throughout) By Joan E.
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2013/5/8
(Adds pricing information in paragraphs one and three.
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2013/5/7
-- Coca-Cola Amatil warns 1H earnings may fall 9% --
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2013/5/8
--Coca-Cola takes more steps to counter critics of sugary drinks --Drinks giant plans to offer low- and no-calorie drinks in every market, put calorie counts on front of all drinks --Company also plans to restrict advertising to children globally (Adds comments from news conference with Coca-Cola CEO.) By Paul Ziobro Coca-Cola Co.
Sign-up for UPDATE: Coca-Cola Takes More Steps in Global Campaign Against Obesity investment picks
2013/4/16
(Adds details throughout on bottling deal, comment from analyst and updates shares.) --Coca-Cola taking first steps to pass U.S. bottling operations back to independent bottlers --Drinks company discloses agreement in principle with five bottlers to take on new territory --Coca-Cola also says first-quarter earnings beat expectations as global sales volume rose 4% By Paul Ziobro Coca-Cola Co.
Sign-up for UPDATE: Coke to Refranchise US Bottling System; 1st-Quarter Net Off 15% investment picks
2013/4/29
Colgate-Palmolive Co.
Sign-up for UPDATE: Colgate Bond Nears Record-Low Yield as Apple Offering Looms investment picks
2013/2/14
http://media.marketwire.com/attachments/200811/432392_conmed.jpg http://at.marketwire.com/accesstracking/AccessTrackingLogServlet?PrId=986091&ProfileId=051205&sourceType=1 UTICA, NY --
Sign-up for Update: CONMED Corporation Announces Fourth Quarter 2012 Financial Results investment picks
2013/4/25
(Updates with additional background, analyst comment) By Alison Sider and Tess Stynes ConocoPhillips' (COP) first-quarter earnings fell 27% after the exploration and production company reported lower revenue amid the spinoff of its refining and marketing arm in 2012 and as the year-earlier period benefited from $950 million in asset sale gains.
Sign-up for UPDATE: ConocoPhillips First-Quarter Profit Off 27% on Spinoff, Divestitures investment picks
2013/4/10
(Adds details throughout) By Ben Lefebvre and Tom Fowler ConocoPhillips (COP) suspended plans to drill for oil in the waters off of Alaska in 2014 until federal regulations for offshore Alaska drilling become clearer, the company said Wednesday.
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2013/4/1
PITTSBURGH , April 1, 2013 /PRNewswire/ -- CONSOL Energy Inc. (NYSE: CNX) today released its 2012 Corporate Responsibility Report, which outlines activities and new initiatives undertaken during the past year to support the company's efforts to meet the Key Performance Indicators (KPIs) outlined in its inaugural 2011 report.
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2013/4/10
--Results topped Wall Street's expectations, as wine and spirits sales jumped 8% --Constellation now expects Crown Imports acquisition to close in current quarter or "shortly thereafter" --Full-year profit guidance in line with Street expectations (Updates throughout with additional background and financial details, added fiscal-year outlook commentary.) By John Kell Constellation Brands Inc.'s (STZ) fiscal fourth-quarter profit shrank 21% as the wine and spirits maker's sharply higher tax rate and increased expenses offset its stronger revenue.
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2013/4/24
--Company ramps up stock buybacks, boosts dividend --Sales stagnate after currency adjustments --Management sees LCD glass price declines lessening (Adds details on stock buybacks, dividend, executive commentary.) By Drew FitzGerald Corning Inc.'s (GLW) first-quarter income rose 4.2% as the materials maker benefited from lower tax costs and stabilizing prices for its television glass, offsetting weaker sales from its telecom business.
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2013/4/26
--Sales grow 5.3% to $3.1 billion , but come in below analysts' expectations --
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2013/4/30
--Cummins misses analysts' first-quarter estimates --Cummins affirms earlier guidance, despite weak end-markets --Company banking on improvement later in 2013 (Updates with comments from CEO.
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Articles From: UPDATE: Caterpillar Expected To Cut 2013 Guidance In First-Quarter Report to UPDATE: Cummins 1st-Quarter Profit Down 38% as Demand Headwinds Persist
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