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Earnings to Watch: Apple Inc. (NASDAQ:AAPL), The Boeing Company (NYSE:BA), Texas Instruments Incorporated (NASDAQ:TXN), The Dow Chemical Company (NYSE:DOW)
Heading into the latest earnings announcement from Shares of Apple Inc. (NASDAQ:AAPL) might be interesting to move away from the usual speculation on what the company has in store for the iPhone 6, a possible iWatch and visions of a connected TV. Shares of Apple Inc. (NASDAQ:AAPL) closed at $531.70 in last trading session. Yesterday…
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Basic Material Most Active – Alcoa (NYSE:AA), Petroleo Brasileiro Petrobras (NYSE:PBR), Vale SA (ADR) (NYSE:VALE), The Dow Chemical (NYSE:DOW)
Alcoa Inc. (NYSE:AA) said it has introduced a new aluminum commercial-truck wheel designed to resist corrosion caused by road salts and weather. Shares of Alcoa Inc (NYSE:AA) closed at $11.64 in last trading session. Yesterday share price of the company was traded in the range of $11.37 to $11.82. Company now has a market value…
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Basic Materials – Alcoa Inc (NYSE:AA), The Dow Chemical Company (NYSE:DOW), EXCO Resources (NYSE:XCO), Magnum Hunter Resources (NYSE:MHR)
On January 9, 2014, global aluminum producer Alcoa Inc (NYSE:AA) and one of its subsidiaries, Alcoa World Alumina LLC (the LLC) (collectively referred to herein as Alcoa) settled with the US Department of Justice (DoJ) and the Securities and Exchange Commission (SEC) for violating the US Foreign Corrupt Practices Act (FCPA) by making more than…
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United Nations Report Says International Food Prices Jumped Last Month – (DOW, CAT, MMM)
A United Nations recently released report showed that global food prices gained sharply in July, ending a three month declining trend due to a spike in grain and sugar prices. Severe drought gripping the U.S. Midwest has caused corn prices to jump nearly 23 percent and predictions of worsened crop forecast in Russia because of…
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South Korea’s Large Conglomerates Opposes Restrictions By The Democratic United Party – (DOW, CAT, UTX)
South Korea’s main opposition Democratic United Party (DUP) said today it is going to take steps to raise tax rates for high-income earners and conglomerates in order to use the proceeds to boost welfare programs for the working class and the poor. The step came as the party attempts to persuade voters before December’s presidential…
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Weak Chinese Demand Impacted Europe’s Top Engineering Conglomerate And Others – (DOW, MMM, CAT)
Market participants anticipating the corporate earnings season would indicate a revolving point in China’s economic slowdown have been largely thwarted, with large manufacturers joining consumer companies to warn the world’s No.2 economy of declining sales. While the most recent quarterly results has provided some upside surprises, with a large number of U.S. industrial companies posting…
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Giant Media Conglomerates Starting To Declare Earnings Today – (CAT, CMCSA, UTX, CBS, DIS, NWSA, DOW)
The giant media conglomerates are set to start releasing earnings today with Comcast Corporation’s (NASDAQ:CMCSA) fiscal 2012 second quarter results. On average, analysts polled by Reuters predict overall earnings-per-share gains in a range of 2 percent and 26 percent. CBS Corporation (NYSE:CBS) results are expected to remain at the low end of that range while…
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Overseas Investors Of South Korea’s Ten Largest Conglomerates Falls Below 20 pct – (DOW, CAT, UTX)
Overseas holdings of South Korea’s 10 biggest family-controlled conglomerates floated less than the 20-percent level as offshore investors sold part of their ownership in recent market corrections, according to industry data released today. As of July 25, the average foreign holdings of the best 10 business groups, popular as chaebol in the country, stood at…