4X Currency Trade Info - Forex Market
Confused about Forex... Read this to answer your questions about the 4x currency trade and how Forex works. This Forex Blog compiles some basic information for you about Foreign Currency Exchange and how fx works.
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Sunoco Turns To Profit In Q2; Tops Estimate
Posted on August 5th, 2010 No commentsSunoco Inc. (SUN) Thursday, reported a turn to profit for the second quarter, reflecting a turnaround in refining operations, as margins increased and expenses were cut over the last year. Quarterly adjusted income as well as revenues came in substantially higher than Street estimates.
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Eastman Chemical Profit More Than Doubles
Posted on August 5th, 2010 No commentsEastman Chemical Co. (EMN) said Thursday after the markets closed that its second quarter profit more than doubled from last year, as sales jumped 38% amid a continued rebound in global demand. The company’s quarterly earnings p0er share, excluding items, also handily beat analysts’ estimate. At the same time, the company forecast third quarter earnings above analysts’ current consensus estimate and raised its earnings forecast for the full year.
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Pactiv Q2 Profit Declines; Tightens FY10 Earnings View - Update
Posted on August 5th, 2010 No commentsFood packaging products company Pactiv Corp. (PTV), Thursday reported a decline in profit for the second quarter, reflecting lower margins that more than offset a rise total sales. Looking ahead, the company provided its guidance for the third quarter and tightened its earnings outlook for the full year 2010.
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Cincinnati Financial Turns To Profit In Q2 - Update
Posted on August 4th, 2010 No commentsProperty casualty insurance company Cincinnati Financial Corp. (CINF) on Wednesday reported a profit for the second quarter compared to a loss in the year-ago period. Excluding net realized investment gains and losses, the company reported an operating income for the quarter, reflecting an increase in investment income and a decrease in the property casualty insurance underwriting loss.
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Pioneer Natural Resources Swings To Q2 Profit
Posted on August 4th, 2010 No commentsOil and gas company Pioneer Natural Resources Co. reported Wednesday a swing to profit in the second quarter due to a rise in oil and gas revenues, led by higher realizations for Oil, Gas and Natural Gas Liquids. The results were also significantly helped by derivative related gains, compared with derivative related loss last year.
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Lincoln National Posts Profit In Q2
Posted on August 4th, 2010 No commentsLincoln National Corp. (LNC), reported Wednesday a turn to profit for the second quarter on improved results from almost all segments, despite charges associated with the repurchase of preferred shares from the Treasury. Operational income for the quarter improved, reflecting substantially lower realized losses, as well as the year-ago period’s losses from discontinued operations.
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Goldcorp Swings To Q2 Profit - Update
Posted on August 4th, 2010 No commentsCanadian gold mining company Goldcorp, Inc. reported Wednesday a profit for the second quarter compared to a loss last year, boosted by increase in gold sales and higher realized gold prices. Adjusted earnings for the quarter almost doubled, but missed analysts’ expectations by a penny. Looking ahead, the company expects gold production and cash costs for the second half of fiscal 2010 to be in line with prior guidance.
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Everest Q2 Profit Drops, CEO Joseph Taranto To Retire
Posted on August 4th, 2010 No commentsReinsurance company Everest Re Group Ltd., said Wednesday its second-quarter profit declined from a year ago due to after-tax realized capital losses, versus gains last year. However, adjusted earnings per share beat Street estimates. Further, the company said that its Chief Executive Officer Joseph Taranto would retire on December 31 and will be replaced by Ralph Jones. However, Taranto will continue as Chairman of the Board, the company added.
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Equity Residential Q2 FFO Rises; Guides Q3, Revises FY10 FFO Forecast
Posted on August 4th, 2010 No commentsMultifamily properties manager Equity Residential (EQR), Wednesday reported an increase in Funds From Operations for the second quarter, on revenue growth and the absence of an impairment charge incurred in the year ago quarter.
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Ameriprise Financial Q2 Profit Surges; Tops Estimate
Posted on August 4th, 2010 No commentsAmeriprise Financial Inc. (AMP), a provider of financial planning products and services, Wednesday reported a 173% surge in profit for the second quarter, on improved performance over all segments, as management and distribution fees surged, helped by market appreciation and the acquisition of Columbia Management. Quarterly earnings per share as well as revenues were well ahead of Street estimates.
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