DANBURY, Conn. _ Praxair Inc. on Wednesday reported first-quarter profit of $416 million. Eight analysts surveyed by Zacks expected $2.96 billion. For the current quarter ending in June, Praxair expects its per-share earnings to range from $1.58 to $1.66.
Feb 2- At least 40 major U.S. companies have substantial exposure to Venezuela's deepening economic crisis, and could collectively be forced to take billions of dollars of write downs, a Reuters analysis shows. The companies, all members of the S&P 500, and including some of the biggest names in Corporate America such as autos giant General Motors and drug maker...
Even as traders monitor the world's hot spots, corporate earnings news could be a positive for stocks in the week ahead.
Actively managed large-cap mutual funds continue to come up short in their long-running battle against the S&P 500 index.
So far, the stock market has looked past the weather impacts on manufacturing, housing, consumer spending and even hiring.
Here's what Pershing Square's Bill Ackman thinks about a slew of companies.
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.