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Starwood Hotels Swings to Q3 Loss on Charges; Adjusted Net Beats View(HOT)
Hotel operator Starwood Hotels & Resorts Worldwide, Inc ( HOT ) on Thursday said it swung to a third quarter loss due to one-time charges, but adjusted results...
Colgate-Palmolive Q3 Profit Beats, Revenue Falls Short (CL)
Consumer products maker Colgate-Palmolive Company ( CL ) on Thursday said its third quarter profit rose 5% from last year, despite a drop in revenue. (more…)...
Barrick Gold’s Q3 Profit, Revenue Beat View on Higher Gold Prices (ABX)
Gold producer Barrick Gold Corporation ( ABX ) on Thursday posted better-than-expected third quarter earnings results, aided by sharply higher gold selling prices....
3M Company’s Q3 Profit Beats, but Forecast Cut (MMM)
Diversified manufacturer 3M Company ( MMM ) on Thursday said its third quarter profit jumped 13% from last year, beating analyst expectations, but the company lowered...
American Express Q3 Profit Soars 71% on Higher Consumer Spending (AXP)
Credit card issuer American Express Company ( AXP ) late Thursday said its third quarter profit surged 71% from last year, beating analyst estimates. (more…)...
Israeli settlement building ‘alarming’, says UN envoy
The UN’s Middle East envoy on Thursday criticised Israel’s renewed building in West Bank settlements. Israel has begun building at least 544 apartments...
Freeport-McMoRan Boosts Dividend by 67%; Q3 Net Beats View (FCX)
Copper mining giant Freeport-McMoRan Copper & Gold Inc. ( FCX ) on Thursday announced a massive 67% raise in its quarterly dividend payout, and posted third...
Travelers Raises Forecast as Q3 Profit Grows by 7% (TRV)
Insurance provider The Travelers Companies, Inc. ( TRV ) said Thursday that its third quarter profit rose 7% from last year, easily beating analyst estimates, prompting...
Philip Morris International’s Q3 Profit Falls Short, but Forecast Raised (PM)
Tobacco giant Philip Morris International Inc. ( PM ) on Thursday said its third quarter profit rose a little more than 1% from last year, missing analyst estimates,...
Crude Oil: Next Major Resistance $87 a Barrel
By Dian L. Chu, Economic Forecasts & Opinions Crude Oil hit a high of $84.09 on Thursday morning before investors sold into the rally in all commodities before...
Employment generation disappointing: LA City Controller
The Los Angeles City Controller said on Thursday the city’s use of its share of the $800 billion federal stimulus fund has been disappointing. The city received...
TSX slightly ahead as gold stocks climb on record-high price of …
TSX slightly ahead as gold stocks climb on record-high price of bullion TORONTO – The Toronto stock market was slightly ahead Thursday afternoon after wobbling. View...
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