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Dow Chemical profit beats estimates as margins continue to expand
2015-07-23 15:43:56| Chemicals - Topix.net
The U.S. chemical maker's plastics business has benefited from easy access to cheap shale gas, which is stripped down into ethane to make ethylene - a key component of plastics and many chemicals. Global crude oil prices have halved in the past year, narrowing the price difference between crude oil-derived naphtha and natural gas-based ethane cracking, which erased the competitive advantage U.S. chemical firms had over their European rivals.
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Whirlpool beats 2Q profit forecasts
2015-07-22 14:16:49| Appliances - Topix.net
The Benton Harbor, Michigan-based company said it had net income of $2.21 per share. Earnings, adjusted for one-time gains and costs, were $2.70 per share.
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Verizon beats earnings estimate, revenue misses
2015-07-21 16:18:55| Telecom - Topix.net
Verizon grew its wireless and FiOS Internet businesses to a successful second quarter of 2015, the telecom company said Tuesday. Verizon beats earnings estimate, revenue misses Verizon grew its wireless and FiOS Internet businesses to a successful second quarter of 2015, the telecom company said Tuesday.
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Verizon profit beats but revenue slightly short
2015-07-21 14:27:49| IT Services - Topix.net
Revenue rose 2.4% to $32.2 billion. The FactSet consensus was for EPS of $1.01 and revenue of $32.5 billion.
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Morgan Stanley Handily Beats Profit Outlook
2015-07-20 14:11:58| IT Services - Topix.net
Morgan Stanley said on Monday that second-quarter profit was $1.81 billion as the company managed through an environment of brisk deal-making and volatile markets. The New York-based bank reported a profit of $0.85 per share.
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