Posts Tagged ‘Inc’

Birinyi’s Rubin Leads Managers Forecasting Second-Half Recovery

Birinyi Associates Inc.’s Jeffrey Yale Rubin said his firm is bullish on equities this year, leading managers expressing optimism that six straight weeks of declines in the stock market and weak economic data will be reversed in the second half. View full post on Finance Stories

Samsung Stock to Drop as Apple Adds to Challenges, BGC Says

Samsung Electronics Co. shares are poised to drop amid increased competition and the possible loss of orders from iPad-maker Apple Inc., BGC Partners Inc. said, recommending a so-called short sale of the stock. View full post on Finance Stories

Buffett Says U.S. Banks Are Less Attractive as Profits Decline

Billionaire Warren Buffett, whose Berkshire Hathaway Inc. is the largest shareholder in Wells Fargo & Co. and has a stake in U.S. Bancorp, said the country’s lenders are less attractive investments than they once were. View full post on Finance Stories

TI Profit Edges Up Even As Japan Weighs

Texas Instruments Inc. said Monday after the markets closed that its first quarter profit rose 1% from last year, even as weaker demand for Wireless baseband chips and expenses resulting from the Japan earthquake weighed on results. However, the company’s quarterly earnings per share came in below analysts’ expectations. The company also provided a weak [...]

Sasol Extends Shale Gas Footprint

South African petrochemicals group Sasol Ltd. has entered into a second deal with Canadian energy explorer Talisman Energy Inc to buy a 50% stake in the latter’s prolific Montney Basin shale natural gas assets. View full post on Business Stories

ESCO Tech Crushes Estimates

ESCO Technologies Inc. (ESE) reported fiscal 1st quarter 2011 diluted earnings per share of 40 cents crushing Zacks Consensus estimate of 20 cents per share. View full post on Business Stories

Penny Stock Investing

Learn the difference between micro-cap stocks and the more conventional blue-chip and mid-cap investments…

Nike 2Q Profits Up By 22 Percent

Kris Alingod – AHN News Contributor Beaverton, OR, United States (AHN) – Nike Inc. topped expectations on Tuesday, reporting a 22 percent jump in income for the second quarter. The world’s largest maker of sports shoes said its net income for the period ended Nov. 30 rose to $457 million from $375 million in the [...]

Harrah’s deal to bring digital advertising to ‘high-traffic’ areas

Harrah’s Entertainment Inc. of Las Vegas has plenty of walls on and in its casinos and hotel rooms — and a deal announced today will see more digital advertising displays on those walls. View full post on Business Stories

Slot maker sues competitor alleging patent infringement

Slot machine maker WMS Gaming Inc. on Saturday filed a lawsuit alleging patent infringement against competitor Bally Technologies Inc. of Las Vegas. View full post on Business Stories