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Aetna Beats Analysts' Expectations, Net Income Lower On Coventry Purchase
The Hartford CourantAetna beat analysts' expectations Tuesday, reporting strong operating income for the first three months of the year compared with 2012. Net income was lower, however, because of costs related to buying Coventry Health Care Inc. Aetna announced plans in...Tags: Companies and Corporations, Thomson Corporation, Aetna Inc., Economy, Business and Finance, Dentistry and Dental Health
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New COO named in latest management change at Accretive
Tribune reporterAccretive Health Inc. continues to shake up its leadership ranks, announcing Tuesday that it hired Joseph Flanagan as its new chief operating officer. Flanagan, formerly the senior vice president of worldwide operations and supply chain at Applied...Tags: Management Change, Companies and Corporations, Finance, Economy, Business and Finance, Corporate Officers
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Legg Mason reports $29.2M fourth-quarter profit, loss for year
Legg Mason Inc. reported Tuesday that it earned $29.2 million in its fourth quarter, down about 62 percent from a year earlier due to added real estate expenses. The Baltimore-based money manager's results still beat analysts' expectations, and its stock...
Tags: Companies and Corporations, Harbor East, Legg Mason, Inc., Realty, Finance
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Office Depot plans shareholder meeting on merger
Boca Raton-based Office Depot said Tuesday it will schedule a special shareholders meeting to vote on the proposed merger with rival OfficeMax "sometime this summer," according to CEO Neil Austrian. Austrian said the No. 2 office supply retailer is...Tags: OfficeMax Inc., Companies and Corporations, Restructuring and Recapitalization, Mergers, Acquisitions and Takeovers, Office Equipment and Supplies
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Herbalife says KPMG's resignation hindered stock buybacks
Herbalife Ltd. said it had to scale back plans to repurchase its shares after KPMG resigned in early April as its auditor and withdrew its review of the company's annual financial statements for the last three years. The Los Angeles nutritional products...
Tags: Herbalife Limited, KPMG, Business Enterprises, Mutual Funds, Finance
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WRAPUP 3-Growth rebound may herald Canada's economic spring
Reuters* February GDP growth of 0.3 pct beats estimates * Q1 growth now seen closer to 2 pct annualized * Bank of Canada still seen holding rates steady * Producer prices lifted by weaker C$ in March By Louise Egan OTTAWA, April 30 (Reuters) - Canada's...Tags: Mining, Central Bank, Economic Indicator, Money and Monetary Policy, Energy Resources
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SCANA's first quarter earnings up 25 percent
The StateSCANA Corp. built on its record 2012 earnings in the first quarter of 2013, reporting nearly across-the-board increases and beating its own forecast. The Cayce-based energy giant last week said it earned $151 million, or a basic per share earning of $1....Tags: Earnings, Companies and Corporations, Earnings Forecasts, Business, Economy, Business and Finance
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Chris Hansen's hedge fund loses money for second straight quarter
Seattle TimesChris Hansen has another problem besides the NBA owners and league commissioner David Stern: The hedge fund that positioned him to lead a bid for the Sacramento Kings has lost money for the second consecutive quarter while the stock market soared....Tags: Anheuser-Busch InBev, Mutual Funds, Finance, Social Media, Sacramento Kings
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Thomson Reuters operating profit falls on severance costs, takes tax charge
ReutersBy Jennifer Saba April 30 (Reuters) - Thomson Reuters Corp on Tuesday reported a 7 percent decline in first-quarter operating profit because of severance costs and a decrease in revenue at its Financial & Risk division, which caters to banking clients....Tags: Thomson Corporation, Companies and Corporations, NYSE Euronext, Inc., Stock Market, Reuters Group Plc
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Apple in the eyes of US high-grade market
ReutersBy John Balassi April 30 (IFR) - Tone is somewhat cautious early on Tuesday ahead of this week's Fed and ECB meetings, but Apple is the big story of the day for the high-grade primary market, which is waiting to see if the US computer giant does indeed...Tags: European Union, Goldman Sachs Group, Inc., HSBC Holdings plc, Petroleum Industry, Vehicles
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Weak sales to oil, gas and mining weigh on Cummins in Q1
ReutersApril 30 (Reuters) - Cummins Inc reported a sharper-than-expected drop in quarterly earnings on Tuesday, citing weak demand for most of products in most of its markets, but an especially dramatic decline in sales of its engines and turbines to customers...Tags: Metal and Mineral, Thomson Corporation, Cummins Incorporated, Mining, Petroleum Industry
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Puregold income almost P1B
The Manila Times, PhilippinesLucio Co-led supermarket chain Puregold Price Club Inc. earned a consolidated net income after tax of about P1 billion on robust first quarter net sales of P16 billion. In a filing with the Securities and Exchange Commission, Puregold disclosed that...Tags: Earnings, Companies and Corporations, Philippines, Finance, U.S. Securities and Exchange Commission
Apr 30, 2013
|Story| Hartford Courant
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|Story| Chicago Tribune
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|Story| Baltimore Sun
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|Story| McClatchy-Tribune
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|Story| McClatchy-Tribune
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