Even as traders monitor the world's hot spots, corporate earnings news could be a positive for stocks in the week ahead.» Read More
*Q2 oper profit 969 mln euros vs Rtrs poll avg 965 mln. FRANKFURT, July 29- German industrial gases maker Linde reported a decline in quarterly profits on Tuesday, hit by unfavourable foreign exchange rate fluctuations.
Seifi Ghasemi, who successfully executed a number of deals as CEO of Rockwood Holdings Inc, was appointed to the top position at Air Products last month and analysts expect him to divest some of the company's businesses.
July 23- Industrial gas supplier Praxair Inc reported a 5 percent rise in quarterly profit, buoyed by increased prices and higher sales to the energy, chemicals and manufacturing industries. Net income rose to $467 million, $1.58 per share, in the second quarter ended June 30, from $445 million, or $1.49 per share, a year earlier.
Some of Wednesday's midday movers:
Check out which companies are making headlines after the bell Wednesday:
Nearly two months after activist investor Bill Ackman took a $2.2 billion stake in Air Products, the company is searching for a new CEO.
William Ackman's firm Pershing Square Capital Management has acquired a 9.8 percent position in $22 billion industrial gas company Air Products & Chemicals.
It’s time for the Lightning Round. Cramer makes the call on viewer favorites.
Even as the S&P 500 edges toward its all-time closing high, strategists are recommending investors think about stocks to play during a pullback.
A flood of earnings reports, including major technology and industrial companies, could make or break the stock market’s surprise January rally in the week ahead.
There are 38 companies in the S&P 500 index that have not moved more than 2 percent positive or negative year-to-date.
--U.S.-based Apria Healthcare Group reported negative $64 million of discretionary cash flow for the first half of 2012.. --The magnitude of the cash flow deficit raises doubt that the company will reduce its cash flow to our estimate of less than negative $20 million by the end of 2012 and return to positive free operating cash flow in 2013..
Ayala Land buys out Saudi group from hotel project- Philippine Daily Inquirer.
NOTE: Reuters has not verified this story and does not vouch for its accuracy.
Cramer makes the call on viewers' favorite stocks.
Three mutual funds are poised to have a breakout year and move to the top of the standings after dismal performances in 2011, according to S&P Capital IQ research.
In light of the manic market, plenty of companies with consistent, sustainable cash flows and earnings are now on offer at a discount, say portfolio managers.
From Florida's Space Coast to contractors in Connecticut and Georgia. jobs and business will be lost — some, probably forever.
What follows is a roundup of corporate earnings reports for Wednesday, Oct. 27.
Hewlett-Packard shares gained over two percent in today's session, after its board approved an additional $10 billion stock buyback. Here is a look at the 15 largest buyback announcements in the last three months among S&P 500 companies.