General Electric Company (NYSE:GE) wins Italian order

General Electric Company (NYSE:GE) has announced today that has won an order from Toto Costruzioni S.p.A. to supply it with eight GE 2.85-103 wind turbines for a wind project Italy. The wind turbines will be run by Ponte Albanito S.r.l., a company, whose 70 percent owners are Renexia S.p.A. (a Toto Holding company) and the […]

Coca-Cola Enterprises Inc (NYSE:CCE) releases Q3 2013 results

The management team of Coca-Cola Enterprises Inc (NYSE:CCE) announced their Q3 2013 results on 24th October, 2013. Looking at the third quarter of Coca-Cola Enterprises Inc, the company has managed to return to the growth of 2.5% increase in the volume which led to 2.5% increase in the sales and 2% in the operating income. […]

Cameron International Corporation (NYSE:CAM) stock suffering in latest trading

Cameron International Corporation (NYSE:CAM) is a drilling equipment maker among other things and is based out of Houston Texas. The company has recently been party to one of the worst performing stocks on Thursday as their stock value plummeted by 14.3% to $53.85 on the same day that they announced their third quarter results. The […]

Robert Half International Inc. (NYSE:RHI) revises its guidance for forth trimester

Robert Half International Inc. (NYSE:RHI) has revised its guidance for the forth Trimester. It provided an earning per share guidance of $0.44-0.49 for the time frame which if seen against the Thomson Reuters unanimous EPS estimate of $0.49.  The company also gave out its income guidance $1.05-1.10 billion. A number of research companies have issued […]

Freeport-McMoRan Copper & Gold (NYSE:FCX) to issue income statement

Freeport-McMoRan Copper & Gold (NYSE:FCX) has announced that it will issue its income statement on this coming Thursday. The company had last submitted its income statement on Tuesday, July 23rd. The company had announced an income of $0.49 EPS for the three month period, bettering the Thomson Reuters concurrent guess that the same would range […]

Investigation to be done on directors of Tellabs, Inc. (NASDAQ:TLAB)

The Law Office of Brodsky and Smith, LLC have announced an investigation to be done against the board of directors of Tellabs, Inc. (NASDAQ:TLAB). Tellabs Inc is a telecom equipment manufacturer organization. The Law Office of Brodsky and Smith, LLC have announced that an investigation against the board of directors of Tellabs Inc is to […]

Tesla Motors Inc (NASDAQ:TSLA) Ropes In another Battery Supplier for Its Latest Model X

Boston, MA 10/07/2013 (wallstreetpr) – All-electric carmaker Tesla Motors Inc (NASDAQ:TSLA) has entered a battery supply deal with Samsung SDI Co Ltd, a business unit of the South Korea-based Samsung Electronics. Reports indicate that the two companies have already reached “90 per cent of the deal”. As TSLA positions itself as the leading manufacturer of […]

Court turns down BB & T Corporation (NYSE:BBT) appeal to cut down tax liability

Boston, MA 10/03/2013 (wallstreetpr) –  In a court ruling that BB & T Corporation (NYSE: BBT) has to take on its chin and move on a U.S. Court for Federal claims has turned down the company’s request to claw back at least part of the $688 million that has been charged to BB&T towards un […]

Weyerhaeuser Co. (NYSE:WY) looking for buyers to take over its housing division

Boston, MA 10/03/2013 (wallstreetpr) – The $16.07 billion market capitalized Weyerhaeuser Co. (NYSE:WY) is looking for bidders who want to buy its wholly owned subsidiary “Weyerhaeuser Real Estate Co”. The company hopes to hive off this homebuilding division by using the “reverse morris trust” arrangement thus avoiding any taxation liability. One of the potential buyers […]

Urban Outfitters Inc. (NASDAQ:URBN) battles ahead in spite of potential legal trouble

Boston, MA 10/03/2013 (wallstreetpr) – On October 2, Urban Outfitters Inc. (NASDAQ:URBN) received both good and bad news. The stock has been under the pump from the second week of September when the company announced its 2Q results. The bad news first. A securities firm ‘Brower Piven’ has launched an investigation to determine if the […]

The Men’s Wearhouse, Inc.(NYSE:MW) falls on disappointing outlook

Boston, MA 09/12/2013 (wallstreetpr) –The Men’s Wearhouse, Inc.(NYSE:MW) could not continue its good run which had began on 29th August’13 as the stock fell by more than 10.39% in current trading session after the company lowered its guidance for full year and declared weaker numbers in second quarter results which were announced today. Companies Spark […]

Netflix Inc (NASDAQ:NFLX) to be exclusive subscription service provider

The joint multiyear licensing agreement announced between Netflix Inc. (NASDAQ:NFLX) and the Disney / ABC Television group is set to make Netflix the exclusive subscription service for popular television shows. The five popular Disney shows for which the multi year licensing agreement had been entered into include Jake and the Never Land Pirates, the most […]

Will arrest of Ex BlackRock Inc. (NYSE:BLK) manager impact the company

Boston, MA 05/15/2013 (wallstreetpr) – In a probe by the financial watchdog of United Kingdom, the Financial Conduct Authority executed the arrest of Mark Lyttleton, the former manager at BlackRock Inc. (NYSE:BLK). The former manager was reported to have been arrested along with his wife, Delphine for a probe into insider trading. Crack down on […]

Ally financial Inc. (NYSE:ALLY) to recover from rescap debts

Ally Financial Inc. (NYSE:ALLY) is all set to go for an Initial Public Offer and turns its full focus on the auto finance by making ways to resolve its bankruptcy of mortgage arm Residential Capital LLC. The mortgage arm of Ally Financial Inc. (NYSE:ALLY) filed bankruptcy following the subprime mortgage crisis. Bankruptcy of Residential Capital […]