Articles From: U.S. Stocks Pare Losses Slightly After Fed Statement to UPDATE: MasterCard Shares Fall as 1st-Quarter Revenue Misses Estimates


2013/5/1
--Stocks hold losses midday --Jobs report from ADP, seen as preview to Friday's employment report, disappoints --DJIA down 85; S&P falls nine By Alexandra Scaggs NEW YORK --Stocks held much of their broad losses midday, as investor jitters spread following disappointing economic data and the Federal Reserve's latest statement showed little change in its policy outlook.
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2013/5/1
--Shares extend losses ahead of the close --DJIA closes down 138.85; S&P falls 14.86 --Private-sector jobs report disappoints, coming in well below expectations NEW YORK --U.S. stocks fell Wednesday, undoing much of their early week rally, as investors reacted to disappointing economic data and found little comfort in the Federal Reserve's decision to keep its easy-money policies in place.
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2013/5/1
LONDON --The U.K.'s energy regulator is launching an investigation into six energy companies for failing to meet energy efficiency targets set by the government, the Office of Gas and Electricity Markets , or Ofgem, said Wednesday.
Sign-up for UK Regulator to Investigate Energy Firms Over Emissions Targets investment picks
2013/5/1
Umpqua Bank , a subsidiary of Umpqua Holdings Corporation (NASDAQ: UMPQ) , is expanding its Private Bank division into the Puget Sound region.
Sign-up for Umpqua Private Bank Expands Into Puget Sound Region, Hires Elise Fortin to Lead New Market Team investment picks
2013/5/1
Unisys complements power of industry-leading technology from BMC with a comprehensive set of services and a cloud-based delivery model BLUE BELL, Pa.
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2013/5/1
BLUE BELL, Pa.
Sign-up for Unisys to Webcast 2013 Annual Stockholders Meeting investment picks
2013/5/1
United introduces new program for customers and co-workers from across the globe to participate in CHICAGO , May 1, 2013 /PRNewswire/ -- United Airlines is announcing its 2014 United Adventure Bear program for customers and co-workers to lift the spirits of children in need.
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2013/5/1
CHICAGO , May 1, 2013 /PRNewswire/ -- United Airlines, an official sponsor of the International Gay and Lesbian Travel Association (IGLTA) Global Convention, welcomes tourism professionals from more than 20 countries as they meet in Chicago for the organization's 30 th annual event May 2 – 4.
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2013/5/1
United Insurance Holdings Corp.
Sign-up for United Insurance Holdings Corp. Reports Financial Results for Its First Quarter Ended March 31, 2013 investment picks
2013/5/1
- Sales are $49.1 Million; EPS is $0.01 BRIDGEVILLE, Pa., May 1, 2013 (GLOBE NEWSWIRE) -- Universal Stainless & Alloy Products, Inc. (Nasdaq:USAP) today reported first quarter 2013 results in line with its recent guidance.
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2013/5/1
http://media.marketwire.com/attachments/201207/62627_UNIVEST_preferred_hor_CMYK.jpg http://at.marketwire.com/accesstracking/AccessTrackingLogServlet?PrId=1012905&ProfileId=051205&sourceType=1 SOUDERTON, PA --
Sign-up for Univest Corporation Expands Insurance Subsidiary Through Acquisition of John T. Fretz Insurance Agency, Inc. investment picks
2013/5/1
Unum Group (NYSE: UNM) today reported net income of $212.6 million ($0.79 per diluted common share) for the first quarter of 2013, compared to net income of $213.9 million ($0.73 per diluted common share) for the first quarter of 2012.
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2013/5/1
(Updates with information about ADM's acquisition of GrainCorp .) Archer Daniels Midland Co.'s (ADM) first-quarter earnings fell 33% as the agricultural giant continued to be hurt by the 2012 drought in the Midwest.
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2013/5/1
MOUNTAIN VIEW, Calif.
Sign-up for Update: Alexza to Report 2013 First Quarter Financial Results on Tuesday, May 14, 2013 investment picks
2013/5/1
Allergan Inc. (AGN) said it won't advance two of its key pipeline drugs into late-stage trials needed for regulatory approval, sending the Botox-maker's shares tumbling 12% and handing a big win to a competing drug-maker.
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2013/5/1
-- Allstate profit drops 7.4% to $709 million on catastrophe costs --Operating profit of $1.35 a share exceeds analyst consensus --Underlying results show improvement (Adds details throughout.) By Erik Holm Allstate Corp.'s (ALL) first-quarter profit dropped 7.4% as the insurance company recorded higher claims costs for natural disasters, but the company still managed to beat Wall Street expectations.
Sign-up for UPDATE: Allstate 1st-Quarter Profit Falls 7.4% on Catastrophes investment picks
2013/5/1
--Company talking to regulators about resubmitting a capital plan --CEO says company prepared to face litigation from ResCap creditors --Company says it is possible it will end up paying substantially more than $750 million to settle issues (Updated with disclosure on potential settlement size in paragraph 28.) By Andrew R.
Sign-up for UPDATE: Ally Financial's Sights Set on Treasury Repayment as ResCap Fight Intensifies investment picks
2013/5/1
-- Berkshire Hathaway pays $2.05 billion to buy remaining stake in Iscar --Berkshire paid $4 billion for first 80% in 2006 --Iscar "has enjoyed very significant growth over the last seven years," Buffett says (Adds details throughout) By Erik Holm and Mia Lamar Warren Buffett's Berkshire Hathaway Inc. (BRKA, BRKB) agreed to pay $2.05 billion to purchase the remaining piece of an Israeli metalworking company that it had acquired a stake in seven years ago.
Sign-up for UPDATE: Buffett's Berkshire Buys Rest of Iscar for $2.05 Billion investment picks
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
2013/5/1
--Clorox's fiscal third-quarter profit up 0.8%, but sales weak --Freezing March sinks charcoal sales by double-digits --
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2013/5/1
--Strong flu season, strong demand for generic drugs lift bottom line --Bottom-line results have now topped expectations for five consecutive quarters --Outperformance attributed to strong prescription volumes (Updates with additional financial details and the latest stock quote.) By John Kell CVS Caremark Corp.'s (CVS) first-quarter earnings rose 23% as strong demand for new generic drugs lifted profits, while a strong flu season and sales tied to the Easter holiday also helped the bottom line.
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2013/5/1
http://media.marketwire.com/attachments/201205/44811_aaaaaIssuerSirect.jpg http://at.marketwire.com/accesstracking/AccessTrackingLogServlet?PrId=1013016&ProfileId=051205&sourceType=1 MORRISVILLE, NC --
Sign-up for UPDATE: Date Correction - Issuer Direct Corporation to Host First Quarter Conference Call on Monday, May 6, 2013 investment picks
2013/5/1
-- Delphi Automotive reported a 19% drop in first-quarter earnings --Revenue also fell, weighed by weakness in Europe --Company doesn't see Europe getting sequentially worse (Adds comments from interview with executives; updates stock price.) By Anna Prior Delphi Automotive PLC's (DLPH) revenue edged lower in the first quarter, hurt by weakness in Europe , but Chief Executive Rodney O'Neal said Wednesday the economically choppy region has continued to show signs of stabilization.
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2013/5/1
--Energizer blames rampant promotions by Procter & Gamble for weakness in the shaving category --Energizer Chief Executive says P&G has "hyper levels" of promotions on razors and blades --Energizer shares up as fiscal second-quarter earnings boosted by cost cuts (Adds comments from Energizer earnings call on the razor and blade category.
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2013/5/1
-- Exelon seeks to expand retail footprint in Texas -- Exelon would consider acquisitions to add customers in Texas --
Sign-up for UPDATE: Exelon Sets Its Sights on Texas investment picks
2013/5/1
--Revenue tops Street views --Core advertising business posts 43% higher revenue --Chief Accounting Officer David M.
Sign-up for UPDATE: Facebook 1st-Quarter Net Up 6.8% Amid Growth in Mobile investment picks
2013/5/1
-- Humana posts better-than-expected first-quarter earnings --Insurer aided by light health costs, plus some one-time items --
Sign-up for UPDATE: Humana's 1Q Earnings Surge, But 2014 Questions Loom investment picks
2013/5/1
--ING U.S. sees IPO shares price at $19.50 , below expected range --Company selling more stock than anticipated to achieve expected proceeds --IPO by ING U.S. is second-largest in the U.S. this year (Updates with additional color on the pricing from sources.) By Matt Jarzemsky Insurance and retirement-savings plan provider ING U.S. (VOYA) saw its initial public offering price below its expected range, prompting the sale of more stock than the company had anticipated.
Sign-up for UPDATE: ING's IPO Priced at $19.50 a Share, Below Expected Range investment picks
2013/5/1
--Card purchase volume increased 10.5% to $690 billion --Revenue of $1.91 billion missed Wall Street estimates of $1.93 billion --Company signed new agreements with Bank of America and Toronto-Dominion Bank in the quarter (Updated with new details throughout.) By Andrew R.
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Articles From: U.S. Stocks Pare Losses Slightly After Fed Statement to UPDATE: MasterCard Shares Fall as 1st-Quarter Revenue Misses Estimates
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