| Jul 29, 2014
| 9:18 AM
Industrial conglomerate Illinois Tool Works on Tuesday narrowed its full-year profit expecttions and reported second-quarter earnings that beat analysts' expectations.
ITW said it now expects full-year earnings from continuing operations, which excludes...
| Jul 29, 2014
| 10:20 AM
Pfizer Inc on Tuesday left investors guessing whether it would renew its pursuit of its British rival, AstraZeneca, but said it was considering other deals.
The largest U.S. drug maker reported higher-than-expected second-quarter revenue, helped by...
| Jul 30, 2014
| 5:06 AM
Hospira Inc., a pharmaceutical and medical device maker, posted a better-than-expected quarterly profit on higher sales of specialty injectable drugs, and raised its full-year outlook.
The company's net income more than doubled to $70.9 million, or 42...
| May 8, 2014
| 6:02 AM
Mortgage finance giants Fannie Mae and Freddie Mac will pay the federal government $10.2 billion more in dividends for their 2008 rescue after both firms reported first-quarter profits Thursday.
With the payments, the companies will have sent $213.1...
| Jul 25, 2013
| 8:09 AM
Profits at General Motors Co. fell by 19% during the second quarter as losses in Europe continued to offset strong sales in North America.
GM posted a proft of $1.2 billion, down from $1.5 billion in the same period a year earlier. Revenue rose 4% to...
| Aug 7, 2013
| 6:20 PM
Tesla Motors Inc. shares soared in after-hours trading after the Palo Alto automaker reported a surprise operating profit in its automotive operations.
Excluding one-time expenses, the maker of high-end electric cars squeezed out an operating profit...
| Jul 24, 2013
| 7:36 AM
Powered by brisk sales of profitable pickup trucks, growing business in China and fewer losses in Europe, Ford Motor Co. posted a big gain in profit in the second quarter.
Ford’s profit roses 18.5% to a $1.2 billion. Revenue rose 14.4% to $38.1...
| Feb 6, 2014
| 7:30 AM
General Motors Co. posted a small increase in fourth-quarter profit but its results for the period disappointed Wall Street as business deteriorated in Asia and South America and the costs of restructuring operations in Europe mounted.
| Apr 11, 2014
| 8:12 AM
California's banking giant, Wells Fargo & Co., reported 14% higher first quarter earnings, powering well beyond Wall Street's expectations as declining loan losses and operating cost cuts offset the slowdown in mortgages at America's largest home lender. ...
| Oct 23, 2013
| 3:59 PM
Chemical maker W.R. Grace & Co. said Wednesday that its income in the third quarter fell 8 percent from a year earlier as it continues to deal with challenges in its catalysts business, which includes products used in oil refining.
But its earnings per...
| Oct 23, 2013
| 10:57 AM
Insurance giant WellPoint Inc., a key player in the rollout of the Affordable Care Act, said it remains optimistic about the healthcare expansion despite the rocky start of a federal insurance exchange.
WellPoint's chief executive, Joseph Swedish, and...