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Ferro (FOE) Stock Falls on Earnings Miss

2015-07-31 06:42:43| Chemicals - Topix.net

Ferro reported earnings of 20 cents a share for the second quarter, below analysts' estimates of 25 cents a share. Revenue fell 8.8% year over year to $268.2 million for the quarter, missing analysts' estimates of $283.43 million.

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Average US rate on 30-year mortgage falls to 3.98 percent

2015-07-30 17:47:12| Real Estate - Topix.net

Average long-term U.S. mortgage rates fell for a second straight week, with the key 30-year rate slipping below 4 percent. Mortgage giant Freddie Mac said Thursday the average rate on a 30-year fixed-rate mortgage declined to 3.98 percent this week from 4.04 percent a week earlier.

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Samsung Profit Falls, as Smartphone Sales Disappoint

2015-07-30 07:12:48| Semiconductors - Topix.net

Samsung Electronics Co. said net profit for the second quarter fell 8% from a year earlier as sales of the company's flagship Galaxy S6 smartphone fell short of expectations.

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Samsung Profit Falls, as Smartphone Sales Disappoint

2015-07-30 06:45:27| Electronics - Topix.net

Samsung Electronics Co. said net profit for the second quarter fell 8% from a year earlier as sales of the company's flagship Galaxy S6 smartphone fell short of expectations.

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Ingersoll-Rand profit falls on tax charge

2015-07-28 16:03:23| Industrial Machines - Topix.net

Ingersoll-Rand reported Tuesday that profit for its latest quarter tumbled 74% as the climate-control company booked a hefty charge to resolve a tax dispute. Ingersoll-Rand reported that during the quarter ended in June, U.S. sales were up 5% excluding acquisition expenses, while international sales slipped 9%, partly due to currency headwinds.

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